Global Alpha-Amylase Baking Enzyme Market, By Source (Fungi, Bacteria, Plant-Based), Application (Breads, Cookies and Biscuits, Desserts, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Alpha-Amylase Baking Enzyme Market
The alpha-amylase baking enzyme market is expected to witness market growth at a rate of approximately 3.40% in the forecast period of 2021 to 2028 and is expected to reach USD 377.01 million by 2028. Data Bridge Market Research report on alpha-amylase baking enzyme market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rising demand for bakery products across the globe is escalating the growth of alpha-amylase baking enzyme market.
Alpha-amylase refers to a protein hydrolysis enzyme which is utilized for the process of protein hydrolysis enzyme leading to increasing the yield of glucose and maltose. The product has wide range of applications such as bakery goods, laboratory research, animal feed, detergents, biofuels, breweries and sugar products among others. This product is extensively used in the bakery sectors as these enzymes are known to increase the yeast yield and provide excellent texture to the finished baked product.
The increase in demand for the enzymes in the bakery industry owning to its ability to offer features including dough improvement, good color texture and continued softness and the new product launches are the major factors driving the alpha-amylase baking enzyme market. The rise in the demand for convenience foods especially in emerging nations and the surging expenditure by fast-food manufacturers accelerate the alpha-amylase baking enzyme market growth. The growing popularity of alpha-amylase enzyme in the chemical industry as they are used as catalyst in biofuels and detergent production in order to enhance the product yield and reduce lead time also influence the alpha-amylase baking enzyme market. The rise in demand for baked products globally and its use in the production of breweries, animal feed, sugar products among others and laboratory research propels the alpha-amylase baking enzyme market growth. Additionally, the increase in food expenditure, change in consumer’s preferences and branding promotions by bakery manufacturers positively affect the alpha-amylase baking enzyme market. Furthermore, advancements and launch of new products extend profitable opportunities to the alpha-amylase baking enzyme market players in the forecast period of 2021 to 2028.
On the other hand, the rise in demand for other protein hydrolysis enzymes such as proteases, xylanase and lipase as they are known to display the same characteristics as alpha-amylase baking enzyme which is expected to obstruct the alpha-amylase baking enzyme market growth. The growing buyer bargaining power and the rising focus on high-quality products at low costs are affecting product’s supply chain which is projected to challenge the alpha-amylase baking enzyme market in the forecast period of 2021-2028.
This alpha-amylase baking enzyme market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on alpha-amylase baking enzyme market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Alpha-Amylase Baking Enzyme Market Scope and Market Size
The alpha-amylase baking enzyme market is segmented on the basis of source and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of source, the alpha-amylase baking enzyme market is segmented into fungi, bacteria, plant-based. The bacteria are further segmented into maltogenic, G4 and others.
- On the basis of application, the alpha-amylase baking enzyme market is segmented into breads, cookies and biscuits, desserts and others.
Global Alpha-Amylase Baking Enzyme Market Country Level Analysis
The alpha-amylase baking enzyme market is analyzed and market size, volume information is provided by country, source and application as referenced above.
The countries covered in the alpha-amylase baking enzyme market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the alpha-amylase baking enzyme market due to the large presence of bread processors such as Nature’s Own and Sara Lee Corporation and new product launches in the frozen bread segment in the region. Asia-Pacific is expected to witness the fastest CAGR growth during the forecast period of 2021 to 2028 because of the high consumption of bread products, growing manufacturing practices in bakery products, rise in foreign investment and new product launches in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Alpha-Amylase Baking Enzyme Market Share Analysis
The alpha-amylase baking enzyme market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to alpha-amylase baking enzyme market.
The major players covered in the alpha-amylase baking enzyme market report are Novozymes, DSM, DuPont, Specialty Enzymes & Probiotics, PURATOS, Dyadic International Inc., ENMEX, AB Enzymes, Aumgene Biosciences, Takabio, Noor Enzymes Pvt Ltd, Verenium Corporation, Valley Research Corporation, Maps Enzymes Ltd., Merck KGaA, Aumenzymes among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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