Baking Enzymes Market Size – Anticipated To Achieve USD 695 Million By 2019

By   | May 15, 2015 |   Price: 4950  |   Category: Chemical
  • The baking enzymes market is witnessing huge expansion. It is likely to achieve USD 695 million by 2019. This is attributed to ever rising demand for bakery products in the recent past. Baking enzymes are used in cookies, bread, biscuits, pastries and cakes. They increase the shelf life of bakery products.

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    The vital factors driving the baking enzymes market are increasing disposable incomes, huge demand for bakery products and reduced usage of emulsifiers. Also, the applications of baking enzymes in food processing are anticipated to create huge opportunities for the market over the forecast period. However, rising competition and effect of temperature on enzymes are likely to restrain the baking enzymes market.

    The baking enzymes market can be categorized into three vital segments, types, applications and geographies. The market, on the basis of types, can be fragmented into protease, lipase and carbohydrase. Carbohydrase can be divided further into hemicellulase and amylase. The baking enzymes market, on the basis of applications, can be split into cakes, pastries, cookies, biscuits and bread.

    Geographically, the baking enzymes market can be categorized into North America, Asia Pacific, Europe and rest of the world (ROW). North America dominates the market. It is followed by Europe and Asia Pacific. Flowing demand for baking enzymes in North America is anticipated to lead to high consumption of baked food.

    Europe has witnessed huge demand for the baking enzymes market. This demand is mainly driven by the confectioners and bakers of the region. Asia Pacific is the fastest growing region. This growth is credited to increasing disposable incomes, changing lifestyles and growing demand for processed food.

    Baking Enzymes Market

    Information Source: Radiant Insights

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