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Bakery Enzymes Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2024-2031- (By Derivatives Coverage, Geographic Coverage and By Company)

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    Report

  • 250 Pages
  • October 2024
  • Region: Global
  • Fairfield Market Research
  • ID: 6014822
Description Jump to:
The global bakery enzymes market is experiencing a transformative shift, driven by changing consumer preferences and increased health consciousness. With a surge in demand for ready-to-eat and packaged food products, the bakery enzymes market is projected to grow at a striking compound annual growth rate (CAGR) of over 5.5% by the end of 2031, according to a report.

Recent trends indicate a notable shift in consumer food choices, particularly towards convenient, ready-to-eat, and packaged products due to the fast-paced lifestyle. Heightened awareness of health and wellness is pushing the food and beverage industry to innovate and reduce the reliance on emulsifiers. This demand has led to an increase in the sales of bakery enzymes, which enhance the quality and efficiency of baking processes by reducing flour mixing time, improving oxidation, and enhancing dough firmness.

Governments across various countries are supporting the growth of the bakery enzymes market by enacting stringent regulations that advocate for eco-friendly and clean-label products. As a result, the bakery enzymes market is poised for robust growth in the coming years.

Market Insights:

The bakery enzymes market is witnessing a paradigm shift, primarily due to the rising demand for improved texture and quality of baked goods. The approval for the utilization of bakery enzymes is anticipated to bridge the gap between producers and end-user companies, further fueling market growth. Producers are actively developing novel technologies to enhance power stability at competitive prices, alongside efforts to streamline supply chain management and meet sustainability goals.

Drivers of Growth:

Several key factors are driving the expansion of the bakery enzymes market:

  • Consumer Demand for Convenience: The increasing inclination towards ready-to-eat and packaged foods is creating a favorable environment for bakery enzymes, which enhance product quality and shelf-life.
  • Health and Wellness Awareness: With consumers becoming more health-conscious, the demand for clean-label and eco-friendly food products is driving the adoption of bakery enzymes.
  • Regulatory Support: Government initiatives advocating the use of clean-label products are encouraging manufacturers to incorporate bakery enzymes in their offerings, leading to significant market growth.

Business Opportunities:

The bakery enzymes market presents numerous opportunities for innovation and growth:

  • Technological Advancements: Companies are focusing on developing advanced bakery enzymes that enhance product quality and manufacturing efficiency. These innovations are expected to attract new customers and expand market reach.
  • Diverse Product Launches: The increasing variety of bakery products being introduced into the market creates opportunities for enzyme manufacturers to tailor their offerings to specific applications and consumer preferences.

Regional Analysis:

  • Asia Pacific Excluding Japan (APEJ): APEJ is projected to be the fastest-growing region in the bakery enzymes market. The growth is supported by government initiatives promoting bakery enzymes and a broad spectrum of product launches within this demographic.
  • Europe: Europe follows closely, attributed to its well-established manufacturing sectors for pastries, cakes, biscuits, cookies, and confectionery. The region's focus on high-quality baked goods drives demand for bakery enzymes.

Carbohydrase: A Key Contributor to Market Growth:

Carbohydrase, a significant component of the bakery enzymes market, accounts for more than 45% of the market share in the APEJ region due to its high thermal stability and widespread application in bake-off products. This positions carbohydrase as a critical driver of revenue growth within the overall bakery enzymes market.

Competitive Landscape:

The report offers a detailed analysis of the competitive landscape in the bakery enzymes market, featuring key players such as:

  • Danisco A/S (DuPont)
  • Lallemand
  • Royal DSM
  • AlindaVelco S.A.
  • BDF Natural Ingredients
  • Amano Enzymes
  • Caldic B.V.
  • Advanced Enzymes
  • DeutscheBack (Stern-Wywiol Gruppe)
  • Novozymes
  • BASF
  • Puratos Group
  • E.I. Dupont De Nemours and Company
  • Kerry Group
  • Engrain
  • Dyadic International
These manufacturers are focusing on improving their sourcing processes and technologies, supported by local players in the bakery enzymes market. The companies are working towards diversifying their portfolios to better meet the evolving needs of consumers.

Bakery Enzymes Market Segmentation

By Product Type

  • Protease
  • Carbohydrase
  • Lipase
  • Others

By Application

  • Breads
  • Cakes and Pastries
  • Cookies and Biscuits

By Form

  • Liquid
  • Powder

By Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • MEA
  • Japan

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Table of Contents

1. Executive Summary
1.1. Global Bakery Enzymes Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value and Volume, 2024
1.5. Analyst Recommendations
2. Market Overview
2.1. Market Definitions and Segmentations
2.2. Market Dynamics
2.2.1. Drivers
2.2.2. Restraints
2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter’s Five Forces Analysis
2.5. COVID-19 Impact Analysis
2.5.1. Supply
2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
2.7.1. World Economic Projections
2.8. PESTLE Analysis
3. Price Analysis, 2019 - 2023
3.1. Global Average Price Analysis, by Product Type, US$ Per Unit, 2019 - 2023
3.2. Prominent Factor Affecting Commercial Seaweeds Prices
3.3. Global Average Price Analysis, by Region, US$ Per Unit
4. Global Bakery Enzymes Market Outlook, 2019 - 2031
4.1. Global Bakery Enzymes Market Outlook, by Product Type, Value (US$ Bn) and Volume, 2019 - 2031
4.1.1. Key Highlights
4.1.1.1. Protease
4.1.1.2. Carbohydrase
4.1.1.3. Lipase
4.1.1.4. Others
4.2. Global Bakery Enzymes Market Outlook, by Application, Value (US$ Bn), 2019 - 2031
4.2.1. Key Highlights
4.2.1.1. Breads
4.2.1.2. Cakes and Pastries
4.2.1.3. Cookies and Biscuits
4.3. Global Bakery Enzymes Market Outlook, by Form, Value (US$ Bn), 2019 - 2031
4.3.1. Key Highlights
4.3.1.1. Liquid
4.3.1.2. Powder
4.4. Global Bakery Enzymes Market Outlook, by Region, Value (US$ Bn) and Volume, 2019 - 2031
4.4.1. Key Highlights
4.4.1.1. North America
4.4.1.2. Europe
4.4.1.3. Asia Pacific
4.4.1.4. Latin America
4.4.1.5. Middle East & Africa
5. North America Bakery Enzymes Market Outlook, 2019 - 2031
5.1. North America Bakery Enzymes Market Outlook, by Product Type, Value (US$ Bn) and Volume, 2019 - 2031
5.1.1. Key Highlights
5.1.1.1. Protease
5.1.1.2. Carbohydrase
5.1.1.3. Lipase
5.1.1.4. Others
5.2. North America Bakery Enzymes Market Outlook, by Application, Value (US$ Bn), 2019 - 2031
5.2.1. Key Highlights
5.2.1.1. Breads
5.2.1.2. Cakes and Pastries
5.2.1.3. Cookies and Biscuits
5.3. North America Bakery Enzymes Market Outlook, by Form, Value (US$ Bn), 2019 - 2031
5.3.1. Key Highlights
5.3.1.1. Powder
5.3.1.2. Liquid
5.3.2. BPS Analysis/Market Attractiveness Analysis
5.4. North America Bakery Enzymes Market Outlook, by Country, Value (US$ Bn) and Volume, 2019 - 2031
5.4.1. Key Highlights
5.4.1.1. U.S. Bakery Enzymes Market by Product Type, Value (US$ Bn) and Volume, 2019 - 2031
5.4.1.2. U.S. Bakery Enzymes Market by Application, Value (US$ Bn), 2019 - 2031
5.4.1.3. U.S. Bakery Enzymes Market by Form, Value (US$ Bn), 2019 - 2031
5.4.1.4. Canada Bakery Enzymes Market by Product Type, Value (US$ Bn) and Volume, 2019 - 2031
5.4.1.5. Canada Bakery Enzymes Market by Application, Value (US$ Bn), 2019 - 2031
5.4.1.6. Canada Bakery Enzymes Market by Form, Value (US$ Bn), 2019 - 2031
5.4.2. BPS Analysis/Market Attractiveness Analysis
6. Europe Bakery Enzymes Market Outlook, 2019 - 2031
6.1. Europe Bakery Enzymes Market Outlook, by Product Type, Value (US$ Bn) and Volume, 2019 - 2031
6.1.1. Key Highlights
6.1.1.1. Protease
6.1.1.2. Carbohydrase
6.1.1.3. Lipase
6.1.1.4. Others
6.2. Europe Bakery Enzymes Market Outlook, by Application, Value (US$ Bn), 2019 - 2031
6.2.1. Key Highlights
6.2.1.1. Breads
6.2.1.2. Cakes and Pastries
6.2.1.3. Cookies and Biscuits
6.3. Europe Bakery Enzymes Market Outlook, by Form, Value (US$ Bn), 2019 - 2031
6.3.1. Key Highlights
6.3.1.1. Powder
6.3.1.2. Liquid
6.3.2. BPS Analysis/Market Attractiveness Analysis
6.4. Europe Bakery Enzymes Market Outlook, by Country, Value (US$ Bn) and Volume, 2019 - 2031
6.4.1. Key Highlights
6.4.1.1. Germany Bakery Enzymes Market by Product Type, Value (US$ Bn) and Volume, 2019 - 2031
6.4.1.2. Germany Bakery Enzymes Market by Application, Value (US$ Bn), 2019 - 2031
6.4.1.3. Germany Bakery Enzymes Market by Form, Value (US$ Bn), 2019 - 2031
6.4.1.4. U.K. Bakery Enzymes Market by Product Type, Value (US$ Bn) and Volume, 2019 - 2031
6.4.1.5. U.K. Bakery Enzymes Market by Application, Value (US$ Bn), 2019 - 2031
6.4.1.6. U.K. Bakery Enzymes Market by Form, Value (US$ Bn), 2019 - 2031
6.4.1.7. France Bakery Enzymes Market by Product Type, Value (US$ Bn) and Volume, 2019 - 2031
6.4.1.8. France Bakery Enzymes Market by Application, Value (US$ Bn), 2019 - 2031
6.4.1.9. France Bakery Enzymes Market by Form, Value (US$ Bn), 2019 - 2031
6.4.1.10. Italy Bakery Enzymes Market by Product Type, Value (US$ Bn) and Volume, 2019 - 2031
6.4.1.11. Italy Bakery Enzymes Market by Application, Value (US$ Bn), 2019 - 2031
6.4.1.12. Italy Bakery Enzymes Market by Form, Value (US$ Bn), 2019 - 2031
6.4.1.13. Turkey Bakery Enzymes Market by Product Type, Value (US$ Bn) and Volume, 2019 - 2031
6.4.1.14. Turkey Bakery Enzymes Market by Application, Value (US$ Bn), 2019 - 2031
6.4.1.15. Turkey Bakery Enzymes Market by Form, Value (US$ Bn), 2019 - 2031
6.4.1.16. Russia Bakery Enzymes Market by Product Type, Value (US$ Bn) and Volume, 2019 - 2031
6.4.1.17. Russia Bakery Enzymes Market by Application, Value (US$ Bn), 2019 - 2031
6.4.1.18. Russia Bakery Enzymes Market by Form, Value (US$ Bn), 2019 - 2031
6.4.1.19. Rest of Europe Bakery Enzymes Market by Product Type, Value (US$ Bn) and Volume, 2019 - 2031
6.4.1.20. Rest of Europe Bakery Enzymes Market by Application, Value (US$ Bn), 2019 - 2031
6.4.1.21. Rest of Europe Bakery Enzymes Market by Form, Value (US$ Bn), 2019 - 2031
6.4.2. BPS Analysis/Market Attractiveness Analysis
7. Asia Pacific Bakery Enzymes Market Outlook, 2019 - 2031
7.1. Asia Pacific Bakery Enzymes Market Outlook, by Product Type, Value (US$ Bn) and Volume, 2019 - 2031
7.1.1. Key Highlights
7.1.1.1. Protease
7.1.1.2. Carbohydrase
7.1.1.3. Lipase
7.1.1.4. Others
7.2. Asia Pacific Bakery Enzymes Market Outlook, by Application, Value (US$ Bn), 2019 - 2031
7.2.1. Key Highlights
7.2.1.1. Breads
7.2.1.2. Cakes and Pastries
7.2.1.3. Cookies and Biscuits
7.3. Asia Pacific Bakery Enzymes Market Outlook, by Form, Value (US$ Bn), 2019 - 2031
7.3.1. Key Highlights
7.3.1.1. Powder
7.3.1.2. Liquid
7.3.2. BPS Analysis/Market Attractiveness Analysis
7.4. Asia Pacific Bakery Enzymes Market Outlook, by Country, Value (US$ Bn) and Volume, 2019 - 2031
7.4.1. Key Highlights
7.4.1.1. China Bakery Enzymes Market by Product Type, Value (US$ Bn) and Volume, 2019 - 2031
7.4.1.2. China Bakery Enzymes Market by Application, Value (US$ Bn), 2019 - 2031
7.4.1.3. China Bakery Enzymes Market by Form, Value (US$ Bn), 2019 - 2031
7.4.1.4. Japan Bakery Enzymes Market by Product Type, Value (US$ Bn) and Volume, 2019 - 2031
7.4.1.5. Japan Bakery Enzymes Market by Application, Value (US$ Bn), 2019 - 2031
7.4.1.6. Japan Bakery Enzymes Market by Form, Value (US$ Bn), 2019 - 2031
7.4.1.7. South Korea Bakery Enzymes Market by Product Type, Value (US$ Bn) and Volume, 2019 - 2031
7.4.1.8. South Korea Bakery Enzymes Market by Application, Value (US$ Bn), 2019 - 2031
7.4.1.9. South Korea Bakery Enzymes Market by Form, Value (US$ Bn), 2019 - 2031
7.4.1.10. India Bakery Enzymes Market by Product Type, Value (US$ Bn) and Volume, 2019 - 2031
7.4.1.11. India Bakery Enzymes Market by Application, Value (US$ Bn), 2019 - 2031
7.4.1.12. India Bakery Enzymes Market by Form, Value (US$ Bn), 2019 - 2031
7.4.1.13. Southeast Asia Bakery Enzymes Market by Product Type, Value (US$ Bn) and Volume, 2019 - 2031
7.4.1.14. Southeast Asia Bakery Enzymes Market by Application, Value (US$ Bn), 2019 - 2031
7.4.1.15. Southeast Asia Bakery Enzymes Market by Form, Value (US$ Bn), 2019 - 2031
7.4.1.16. Rest of Asia Pacific Bakery Enzymes Market by Product Type, Value (US$ Bn) and Volume, 2019 - 2031
7.4.1.17. Rest of Asia Pacific Bakery Enzymes Market by Application, Value (US$ Bn), 2019 - 2031
7.4.1.18. Rest of Asia Pacific Bakery Enzymes Market by Form, Value (US$ Bn), 2019 - 2031
7.4.2. BPS Analysis/Market Attractiveness Analysis
8. Latin America Bakery Enzymes Market Outlook, 2019 - 2031
8.1. Latin America Bakery Enzymes Market Outlook, by Product Type, Value (US$ Bn) and Volume, 2019 - 2031
8.1.1. Key Highlights
8.1.1.1. Protease
8.1.1.2. Carbohydrase
8.1.1.3. Lipase
8.1.1.4. Others
8.2. Latin America Bakery Enzymes Market Outlook, by Application, Value (US$ Bn), 2019 - 2031
8.2.1. Key Highlights
8.2.1.1. Breads
8.2.1.2. Cakes and Pastries
8.2.1.3. Cookies and Biscuits
8.3. Latin America Bakery Enzymes Market Outlook, by Form, Value (US$ Bn), 2019 - 2031
8.3.1. Key Highlights
8.3.1.1. Powder
8.3.1.2. Liquid
8.3.2. BPS Analysis/Market Attractiveness Analysis
8.4. Latin America Bakery Enzymes Market Outlook, by Country, Value (US$ Bn) and Volume, 2019 - 2031
8.4.1. Key Highlights
8.4.1.1. Brazil Bakery Enzymes Market by Product Type, Value (US$ Bn) and Volume, 2019 - 2031
8.4.1.2. Brazil Bakery Enzymes Market by Application, Value (US$ Bn), 2019 - 2031
8.4.1.3. Brazil Bakery Enzymes Market by Form, Value (US$ Bn), 2019 - 2031
8.4.1.4. Mexico Bakery Enzymes Market by Product Type, Value (US$ Bn) and Volume, 2019 - 2031
8.4.1.5. Mexico Bakery Enzymes Market by Application, Value (US$ Bn), 2019 - 2031
8.4.1.6. Mexico Bakery Enzymes Market by Form, Value (US$ Bn), 2019 - 2031
8.4.1.7. Argentina Bakery Enzymes Market by Product Type, Value (US$ Bn) and Volume, 2019 - 2031
8.4.1.8. Argentina Bakery Enzymes Market by Application, Value (US$ Bn), 2019 - 2031
8.4.1.9. Argentina Bakery Enzymes Market by Form, Value (US$ Bn), 2019 - 2031
8.4.1.10. Rest of Latin America Bakery Enzymes Market by Product Type, Value (US$ Bn) and Volume, 2019 - 2031
8.4.1.11. Rest of Latin America Bakery Enzymes Market by Application, Value (US$ Bn), 2019 - 2031
8.4.1.12. Rest of Latin America Bakery Enzymes Market by Form, Value (US$ Bn), 2019 - 2031
8.4.2. BPS Analysis/Market Attractiveness Analysis
9. Middle East & Africa Bakery Enzymes Market Outlook, 2019 - 2031
9.1. Middle East & Africa Bakery Enzymes Market Outlook, by Product Type, Value (US$ Bn) and Volume, 2019 - 2031
9.1.1. Key Highlights
9.1.1.1. Protease
9.1.1.2. Carbohydrase
9.1.1.3. Lipase
9.1.1.4. Others
9.2. Middle East & Africa Bakery Enzymes Market Outlook, by Application, Value (US$ Bn), 2019 - 2031
9.2.1. Key Highlights
9.2.1.1. Breads
9.2.1.2. Cakes and Pastries
9.2.1.3. Cookies and Biscuits
9.3. Middle East & Africa Bakery Enzymes Market Outlook, by Form, Value (US$ Bn), 2019 - 2031
9.3.1. Key Highlights
9.3.1.1. Powder
9.3.1.2. Liquid
9.3.2. BPS Analysis/Market Attractiveness Analysis
9.4. Middle East & Africa Bakery Enzymes Market Outlook, by Country, Value (US$ Bn) and Volume, 2019 - 2031
9.4.1. Key Highlights
9.4.1.1. GCC Bakery Enzymes Market by Product Type, Value (US$ Bn) and Volume, 2019 - 2031
9.4.1.2. GCC Bakery Enzymes Market by Application, Value (US$ Bn), 2019 - 2031
9.4.1.3. GCC Bakery Enzymes Market by Form, Value (US$ Bn), 2019 - 2031
9.4.1.4. South Africa Bakery Enzymes Market by Product Type, Value (US$ Bn) and Volume, 2019 - 2031
9.4.1.5. South Africa Bakery Enzymes Market by Application, Value (US$ Bn), 2019 - 2031
9.4.1.6. South Africa Bakery Enzymes Market by Form, Value (US$ Bn), 2019 - 2031
9.4.1.7. Egypt Bakery Enzymes Market by Product Type, Value (US$ Bn) and Volume, 2019 - 2031
9.4.1.8. Egypt Bakery Enzymes Market by Application, Value (US$ Bn), 2019 - 2031
9.4.1.9. Egypt Bakery Enzymes Market by Form, Value (US$ Bn), 2019 - 2031
9.4.1.10. Nigeria Bakery Enzymes Market by Product Type, Value (US$ Bn) and Volume, 2019 - 2031
9.4.1.11. Nigeria Bakery Enzymes Market by Application, Value (US$ Bn), 2019 - 2031
9.4.1.12. Nigeria Bakery Enzymes Market by Form, Value (US$ Bn), 2019 - 2031
9.4.1.13. Rest of Middle East & Africa Bakery Enzymes Market by Product Type, Value (US$ Bn) and Volume, 2019 - 2031
9.4.1.14. Rest of Middle East & Africa Bakery Enzymes Market by Application, Value (US$ Bn), 2019 - 2031
9.4.1.15. Rest of Middle East & Africa Bakery Enzymes Market by Form, Value (US$ Bn), 2019 - 2031
9.4.2. BPS Analysis/Market Attractiveness Analysis
10. Competitive Landscape
10.1. Company Market Share Analysis, 2024
10.2. Competitive Dashboard
10.3. Company Profiles
10.3.1. Shenzhen Leveking Bio-Engineering Co., Ltd.
10.3.1.1. Company Overview
10.3.1.2. Product Portfolio
10.3.1.3. Financial Overview
10.3.1.4. Business Strategies and Development
10.3.2. VEMO 99 Ltd.
10.3.2.1. Company Overview
10.3.2.2. Product Portfolio
10.3.2.3. Financial Overview
10.3.2.4. Business Strategies and Development
10.3.3. Mirpain
10.3.3.1. Company Overview
10.3.3.2. Product Portfolio
10.3.3.3. Financial Overview
10.3.3.4. Business Strategies and Development
10.3.4. Jiangsu Boli Bioproducts Co., Ltd.
10.3.4.1. Company Overview
10.3.4.2. Product Portfolio
10.3.4.3. Financial Overview
10.3.4.4. Business Strategies and Development
10.3.5. DeutscheBack GmbH & Co. KG
10.3.5.1. Company Overview
10.3.5.2. Product Portfolio
10.3.5.3. Financial Overview
10.3.5.4. Business Strategies and Development
10.3.6. Amano Enzymes Inc.
10.3.6.1. Company Overview
10.3.6.2. Product Portfolio
10.3.6.3. Financial Overview
10.3.6.4. Business Strategies and Development
10.3.7. AB Enzymes
10.3.7.1. Company Overview
10.3.7.2. Product Portfolio
10.3.7.3. Financial Overview
10.3.7.4. Business Strategies and Development
10.3.8. Alinda Velco S.A
10.3.8.1. Company Overview
10.3.8.2. Product Portfolio
10.3.8.3. Financial Overview
10.3.8.4. Business Strategies and Development
10.3.9. E.I. Dupont De Nemours and Company
10.3.9.1. Company Overview
10.3.9.2. Product Portfolio
10.3.9.3. Financial Overview
10.3.9.4. Business Strategies and Development
10.3.10. Engrain
10.3.10.1. Company Overview
10.3.10.2. Product Portfolio
10.3.10.3. Financial Overview
10.3.10.4. Business Strategies and Development
10.3.11. Dyadic International
10.3.11.1. Company Overview
10.3.11.2. Product Portfolio
10.3.11.3. Financial Overview
10.3.11.4. Business Strategies and Development
10.3.12. Danisco
10.3.12.1. Company Overview
10.3.12.2. Product Portfolio
10.3.12.3. Financial Overview
10.3.12.4. Business Strategies and Development
11. Appendix
11.1. Research Methodology
11.2. Report Assumptions
11.3. Acronyms and Abbreviations

Companies Mentioned

  • Shenzhen Leveking Bio-Engineering Co., Ltd.
  • VEMO 99 Ltd.
  • Mirpain
  • Jiangsu Boli Bioproducts Co., Ltd.
  • DeutscheBack GmbH & Co. KG
  • Amano Enzymes Inc.
  • AB Enzymes
  • AlindaVelco S.A
  • E.I. Dupont De Nemours and Company
  • Engrain
  • Dyadic International
  • Danisco
  • Mirpain

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