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North America Bakery Enzymes Market By Product Type (Lipase, Protease and Other Types), By Application (Breads, Cookies & Biscuits, Cakes & Pastries and Other Applications), By Form (Powder and Liquid), By Country, Opportunity Analysis and Industry Forecast, 2021 - 2027

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    Report

  • 77 Pages
  • December 2021
  • Region: North America
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5522274

The North America Bakery Enzymes Market is expected to witness market growth of 8.5% CAGR during the forecast period (2021-2027).


Enzymes are the natural minerals that are found in animals and plants. These minerals are gaining importance in the food processing industry because of their numerous benefits and qualities. As there has been a shift in consumer preferences in the last few years, product innovation has become increasingly important in this market. Consumers are more aware of health and nutrition.  As a result, bakers have come up with new healthy baked goods options to appeal to consumers. Growing awareness among the consumers has allowed them to invest in chemical-free and nutrition-rich products.


With the help of bakery enzymes, makers of baked goods can quickly fulfill the demand of consumer for less salt, additives, acrylamide, gluten-free, and emulsifiers while maintaining the taste of baked goods and snacks. In the modern era, consumers are looking for baked goods that are tastier, healthier, and have more variety and value.


According to the data shared by Government of Canada, there were approximately 2,760 bakeries across the Canada, and it is the second biggest employer in the food and beverage industry. Moreover, the number also showcases the growing demand for bakery enzymes due to the increased consumption and demand of baked products. Breads such as bagels, toast, and English muffins are witnessing high demand across the US and Canada. The US bakery market has seen a hike in popularity for the portable and single-serve packaging. Hence, these factors are anticipated to boost the growth of regional bakery enzymes market during the forecasting period.


The US market dominated the North America Bakery Enzymes Market by Country in 2020, and is expected to continue to be a dominant market till 2027; thereby, achieving a market value of $224 million by 2027. The Canada market is anticipated to grow at a CAGR of 11% during (2021 - 2027). Additionally, The Mexico market is expected to exhibit a CAGR of 10% during (2021 - 2027).


Based on Product Type, the market is segmented into Lipase, Protease and Other Types. Based on Application, the market is segmented into Breads, Cookies & Biscuits, Cakes & Pastries and Other Applications. Based on Form, the market is segmented into Powder and Liquid. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.



The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include BASF SE, Koninklijke DSM N.V., Kerry Group PLC, DuPont de Nemours, Inc., Associated British Foods PLC (Wittington Investments Limited), Novozymes A/S, Advanced Enzyme Technologies Limited, Amano Enzyme, Inc., Sternenzym GMBH & CO. KG, and Lallemand, Inc.


Scope of the Study

Market Segments Covered in the Report:

By Product Type

  • Lipase
  • Protease
  • Other Types

By Application

  • Breads
  • Cookies & Biscuits
  • Cakes & Pastries
  • Other Applications

By Form

  • Powder
  • Liquid

By Country

  • US
  • Canada
  • Mexico
  • Rest of North America

Key Market Players

List of Companies Profiled in the Report:

  • BASF SE
  • Koninklijke DSM N.V.
  • Kerry Group PLC
  • DuPont de Nemours, Inc.
  • Associated British Foods PLC (Wittington Investments Limited)
  • Novozymes A/S
  • Advanced Enzyme Technologies Limited
  • Amano Enzyme, Inc.
  • Sternenzym GMBH & CO. KG
  • Lallemand, Inc.

Unique Offerings from the Publisher

  • Exhaustive coverage
  • The highest number of market tables and figures
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  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Bakery Enzymes Market, by Product Type
1.4.2 North America Bakery Enzymes Market, by Application
1.4.3 North America Bakery Enzymes Market, by Form
1.4.4 North America Bakery Enzymes Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2017, Jun - 2020, Dec) Leading Players
Chapter 4. North America Bakery Enzymes Market by Product Type
4.1 North America Lipase Market by Country
4.2 North America Protease Market by Country
4.3 North America Other Types Market by Country
Chapter 5. North America Bakery Enzymes Market by Application
5.1 North America Breads Market by Country
5.2 North America Cookies & Biscuits Market by Country
5.3 North America Cakes & Pastries Market by Country
5.4 North America Other Applications Market by Country
Chapter 6. North America Bakery Enzymes Market by Form
6.1 North America Powder Market by Country
6.2 North America Liquid Market by Country
Chapter 7. North America Bakery Enzymes Market by Country
7.1 US Bakery Enzymes Market
7.1.1 US Bakery Enzymes Market by Product Type
7.1.2 US Bakery Enzymes Market by Application
7.1.3 US Bakery Enzymes Market by Form
7.2 Canada Bakery Enzymes Market
7.2.1 Canada Bakery Enzymes Market by Product Type
7.2.2 Canada Bakery Enzymes Market by Application
7.2.3 Canada Bakery Enzymes Market by Form
7.3 Mexico Bakery Enzymes Market
7.3.1 Mexico Bakery Enzymes Market by Product Type
7.3.2 Mexico Bakery Enzymes Market by Application
7.3.3 Mexico Bakery Enzymes Market by Form
7.4 Rest of North America Bakery Enzymes Market
7.4.1 Rest of North America Bakery Enzymes Market by Product Type
7.4.2 Rest of North America Bakery Enzymes Market by Application
7.4.3 Rest of North America Bakery Enzymes Market by Form
Chapter 8. Company Profiles
8.1 BASF SE
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.2 Koninklijke DSM N.V.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.1 Recent strategies and developments:
8.2.1.1 Acquisition and Mergers:
8.2.1.2 Product Launches and Product Expansions:
8.3 Kerry Group PLC
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.4 DuPont de Nemours, Inc.
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expense
8.4.5 Recent strategies and developments:
8.4.5.1 Product Launches and Product Expansions:
8.5 Associated British Foods PLC (Wittington Investments Limited)
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expense
8.6 Novozymes A/S
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expense
8.6.5 Recent strategies and developments:
8.6.5.1 Product Launches and Product Expansions:
8.7 Advanced Enzyme Technologies Limited
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Regional Analysis
8.7.4 Recent strategies and developments:
8.7.4.1 Partnerships, Collaborations, and Agreements:
8.7.4.2 Acquisition and Mergers:
8.8 Amano Enzyme, Inc.
8.8.1 Company Overview
8.9 Sternenzym GmbH & CO. KG
8.9.1 Company Overview
8.10. Lallemand, Inc.
8.10.1 Company Overview
8.10.2 Recent strategies and developments:
8.10.2.1 Acquisition and Mergers:
8.10.2.2 Product Launches and Product Expansions:

Companies Mentioned

  • BASF SE
  • Koninklijke DSM N.V.
  • Kerry Group PLC
  • DuPont de Nemours, Inc.
  • Associated British Foods PLC (Wittington Investments Limited)
  • Novozymes A/S
  • Advanced Enzyme Technologies Limited
  • Amano Enzyme, Inc.
  • Sternenzym GMBH & CO. KG
  • Lallemand, Inc.

Methodology

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