Bakery Enzymes Market will Grow at 6.2% CAGR to Surpass $975.3 Million during the Forecast Period 2021-2030
The bakery enzymes market demand is expected to increase during the forecast period.
PORTLAND, OR, US, February 17, 2023 /EINPresswire.com/ -- According to a new report published by Allied Market Research, titled, โBakery enzymes market by product type, application: global opportunity analysis and industry forecast, 2021โ2030,โ The global bakery enzymes market size was valued at $448.3 million in 2020, and is projected to reach $975.3 million by 2030, registering a CAGR of 6.2% from 2021 to 2030. Rise in bakery industry globally has driven the growth of the bakery enzymes market. This is attributable to surge in consumption of bakery products, especially the packaged variety.
๐ฅ๐ฒ๐พ๐๐ฒ๐๐ ๐ง๐ต๐ฒ ๐ฆ๐ฎ๐บ๐ฝ๐น๐ฒ ๐ฃ๐๐ ๐ข๐ณ ๐ง๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐: https://www.alliedmarketresearch.com/request-sample/14737
Change in food habits and busy lifestyle of consumers, surge in disposable income, increase in working women population, and rapid digitization result in rise in number of quick service restaurants, thus increasing the demand for bakery products majorly breads & buns from these restaurants. Thus, rise in demand for bakery products has driven the need for bakery enzymes, which notably contribute toward the bakery enzymes market growth.
๐ง๐ผ๐ฝ ๐๐ฒ๐ ๐๐ผ๐บ๐ฝ๐ฎ๐ป๐ถ๐ฒ๐ ๐๐ป๐ฐ๐น๐๐ฑ๐ฒ๐ฑ:
Companies can operate in a highly competitive market by introducing new products or updated versions of existing products. Agreement with key stakeholders is expected to be a key strategy to sustain in the market. In the recent past, many leading players opted for partnership strategies to strengthen their foothold in the market. To understand the key bakery enzymes market trends, strategies of leading players are analyzed in the report. Some of the key players in the bakery enzymes market analysis includes Koninklijke DSM N.V. , Lallemand Inc., Novozymes A/S, Maps Enzymes Limited , SternEnzym GmbH & Company KG, Dyadic International, Inc., Associated British Foods Plc. , Advanced Enzymes, BASF SE, and Kerry Group, PLC.
๐๐๐ ๐ง๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ (๐ฏ๐ญ๐ฌ ๐ฃ๐ฎ๐ด๐ฒ๐ ๐ฃ๐๐ ๐๐ถ๐๐ต ๐๐ป๐๐ถ๐ด๐ต๐๐, ๐๐ต๐ฎ๐ฟ๐๐, ๐ง๐ฎ๐ฏ๐น๐ฒ๐, ๐ฎ๐ป๐ฑ ๐๐ถ๐ด๐๐ฟ๐ฒ๐): https://www.alliedmarketresearch.com/checkout-final/6185c3228ab2ec9584f11229a2e3c834
๐ฅ๐ฒ๐ด๐ถ๐ผ๐ป๐ฎ๐น ๐ข๐๐๐น๐ผ๐ผ๐ธ:
The global bakery enzymes market is segmented into product type, form, application, and region. On the basis of product, the market is classified into lipase, protease, and others. By form, the market is bifurcated into powder and liquid. Depending on application, it is categorized into breads, cookies & biscuits, cakes & pastries, and others. Region wise, the market is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, Russia, and rest of Europe), Asia-Pacific (China, Japan, India, Australia & New Zealand, South Korea, ASEAN, and rest of Asia-Pacific), and LAMEA (Brazil, Saudi Arabia, South Africa, Argentina, and rest of LAMEA).
๐๐ฒ๐ ๐ณ๐ถ๐ป๐ฑ๐ถ๐ป๐ด๐ ๐ผ๐ณ ๐๐ต๐ฒ ๐๐๐๐ฑ๐
-> By product type, the others segment accounted for the highest share in 2020.
-> On the basis of form, the powder segment accounted for the highest bakery enzymes market share in 2020, growing at a CAGR of 6.9% from 2021 to 2030.
-> Depending on application, the bread segment accounted for the highest market share in 2020, growing at a CAGR of 6.5% from 2021 to 2030.
-> Region wise, North America occupied the maximum share in the market in 2020, and is expected to be the dominating segment during the bakery enzymes market forecast period.
๐๐ป๐พ๐๐ถ๐ฟ๐ฒ ๐๐ฒ๐ณ๐ผ๐ฟ๐ฒ ๐ฃ๐๐ฟ๐ฐ๐ต๐ฎ๐๐ถ๐ป๐ด ๐ง๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐: https://www.alliedmarketresearch.com/purchase-enquiry/14737
Furthermore, in past few years, increase has been witnessed in consumer demand for convenience food, including bakery products globally. This is attributed to rise in demand for convenience foods such as bread, rolls, cookies, and other bakery products, which require little or no further preparation by consumers before consumption.
๐๐ต๐ฒ๐ฐ๐ธ ๐ผ๐๐ ๐บ๐ผ๐ฟ๐ฒ ๐ฟ๐ฒ๐น๐ฎ๐๐ฒ๐ฑ ๐๐๐๐ฑ๐ถ๐ฒ๐ ๐ฝ๐๐ฏ๐น๐ถ๐๐ต๐ฒ๐ฑ ๐ฏ๐ ๐๐ ๐ฅ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต:
Frozen Bakery Products Market - https://www.alliedmarketresearch.com/frozen-bakery-products-market
U.S. and Australia Egg Protein Market - https://www.alliedmarketresearch.com/us-and-australia-egg-protein-market-A31557
Guacamole Market - https://www.alliedmarketresearch.com/guacamole-market-A16882
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of โMarket Research Reportsโ and โBusiness Intelligence Solutions.โ AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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