Press Release

Jan, 08 2024

Exploring the Flourishing Trends of the Europe Baking Enzymes Market: A Delectable Evolution in Baking

The Europe baking enzymes market refers to the dynamic industry in Europe that involves the production, distribution, and utilization of baking enzymes in various food applications. Baking enzymes are essential biological catalysts that enhance and optimize baking processes. These enzymes, including amylases, proteases, and lipases, improve dough handling, texture, shelf life, and overall product quality. Manufacturers continually innovate, developing specialized enzyme blends tailored to specific bakery products, thus contributing to the region's diverse and dynamic baking industry.

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Data Bridge Market Research analyses that the Europe Baking Enzymes Market is expected to grow at a CAGR of 6.10% during the forecast period of 2023 to 2030 and is expected to reach USD 668.21 million by 2030 from USD 416.09 million in 2022.  In Europe, the robust demand for top-tier bakery items fuels the need for baking enzymes. Consumers prioritize premium, high-quality baked goods, leading to the widespread use of enzymes. These enzymes enhance textures and flavors, aligning with European preferences and driving their popularity in the region's baking industry.

Key Findings of the Study

Europe Baking Enzymes Market

Clean-label solutions in baking are expected to drive the market's growth rate

The baking industry is witnessing a shift towards clean labels and natural ingredients, reflecting consumers' desire for transparency. This trend has paved the way for the adopting of enzymes as a natural solution to enhance baked goods. With consumers increasingly scrutinizing product labels, enzymes offer a clean and transparent method to improve quality. This approach aligns with the demand for wholesome, minimally processed products, marking a significant evolution in the baking industry.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015-2020)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Type (Protease, Carbohydrate, Lipase, Hydrolases, Oxidoreductases, Others), Applications (Bread, Rolls and Buns, Biscuits and Cookies, Cake and Pastry, Muffins and Cupcakes, Pizza Bases, Donuts, Tortillas and Pretzels, Others), Category (Inorganic, Organic), Form (Powder/Granules, Liquid), End-User (Industries, Food Service Sector, Household/Retail), Source (Microorganisms, Plant, Animal)

Countries Covered

Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe.

Market Players Covered

DuPont (U.S.), DSM (Netherlands), ADM (U.S.), BASF SE (Germany), Evonik Industries AG (Germany), Kemin Industries, Inc. (U.S.), Novozymes (Denmark), International Flavors and Fragrances Inc. (U.S.), Associated British Foods plc (U.K.), Kerry Group plc (Ireland) AAK AB (Sweden), British Bakels (U.K.), Corbion (Netherlands), Dawn Food Products, Inc. (U.S.), Aumenzymes (India), Amano Enzymes Inc. (Japan), Soufflet Biotechnologies SAS (France).

Data Points Covered in the Report

In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Segment Analysis:

The Europe baking enzymes market is segmented on the basis of type, applications, category, form, end-user, and source.

  • On the basis of type, the Europe baking enzymes market is segmented into protease, carbohydrate, lipase, hydrolases, oxidoreductases, and others
  • On the basis of applications, the Europe baking enzymes market is segmented into bread, rolls and buns, biscuits and cookies, cake and pastry, muffins and cupcakes, pizza bases, donuts, tortillas and pretzels, and others
  • On the basis of category, the Europe baking enzymes market is segmented into inorganic, and organic
  • On the basis of form, the Europe baking enzymes market is segmented into powder/granules, liquid
  • On the basis of end-user, the Europe baking enzymes market is segmented industries, food service sector, and household/retail
  • On the basis of source, the Europe baking enzymes market is segmented microorganisms, plant, and animal

Major Players

Data Bridge Market Research recognizes the following companies as the major Europe baking enzymes market players in Europe baking enzymes market are DuPont (U.S.), DSM (Netherlands), ADM (U.S.), BASF SE (Germany), Evonik Industries AG (Germany), Kemin Industries, Inc. (U.S.), Novozymes (Denmark), International Flavors and Fragrances Inc. (U.S.), Associated British Foods plc (U.K.), Kerry Group plc (Ireland) AAK AB (Sweden), British Bakels (U.K.).

Europe Baking Enzymes Market

Market Developments

  • In March 2021, a significant collaboration shaped the Europe Baking Enzymes Market landscape. Roquette, a leading ingredient provider, joined with Novozymes, a renowned biotechnology company, introducing innovative enzyme solutions. This strategic alliance bolstered both companies' positions, promising enhanced product offerings and market expansion, marking a pivotal moment in the industry's growth trajectory
  • In March 2021, AB Enzymes launched new products for rye applications in its range of enzymes. Veron Reyo is a next-generation product tailored to the technological demands of rye dough processing. It enables producers of functional baking ingredients to formulate novel rye bread improvers for easier dough handling than previously available enzyme technology
  • In November 2019, DSM expanded its bakery enzyme portfolio by introducing two new products, BakeZyme Fresh XL and BakeZyme Master. This strategic move bolstered DSM's revenue prospects in the European Baking Enzymes Market, fostering growth and innovation within the industry

Regional Analysis

Geographically, the countries covered in the Europe baking enzymes market report are Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe.

As per Data Bridge Market Research analysis:

Germany is the dominant region in Europe baking enzymes market during the forecast period 2023-2030

Germany dominates the European market due to its significant market share, driven by robust demand for baking enzymes from the bakery sector. This demand arises from the bakery industry's pursuit of delivering top-notch baked products, making Germany a key player in the European market for baking enzymes.

France is estimated to be the fastest-growing region in Europe baking enzymes market for the forecast period 2023-2030

France is expected to dominate the market share due to its substantial demand for baked goods, leading to the proliferation of numerous businesses in the sector. This strong market presence reflects the country's deep-rooted affinity for quality pastries and bread, which, in turn, drives the growth of various enterprises catering to this demand, solidifying France's position as a key player in the baking industry within Europe.

For more detailed information about the Europe baking enzymes market report, click here – https://www.databridgemarketresearch.com/reports/europe-baking-enzyme-market


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