Baking Enzyme: increasing demand for packaged food will lead the baking enzyme market to expand further
According to a new report published by Reports Monitor titled, “Baking Enzyme Market by Component, Application, and End-User: Global Opportunity Analysis and Industry Forecast, 2017–2025,” the mhealth Solutions market was valued at XX million in 2016, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2017 to 2025.
Fresh baked good with appealing appearance, great quality, enhanced test, good texture and fewer chemicals has been made possible with baking enzymes. Baking Enzyme are chemical formulations that are used in food and beverage industry specifically to enhance food quality, texture, shelf-life and also to enhance nutritional value of the prod
Drastically changing lifestyles coupled with rising consumption of convenience product is fuelling the growth of the baking enzymes market. Furthermore, growing food & beverages industries, confectionaries and fermented product companies’ demand for baking enzyme triggers the growth of the market. Moreover, increasing concerns of obesity among the population and tendency towards healthy food is leveraging innovation in bakery products for gluten-free and low trans-fat products are tend to elevate the demand for baking enzyme which will lead to further market expansion. However, inability of the enzymes to change according to changing pH and temperature level and strict government rules and regulations for its usage might hinder the growth of the market. Easy alternative for people having busy work schedule, high disposable income and large adoption of bakery product increase the demand forbaking enzyme market in North America.
The global Baking enzymes market is segment on the basis of enzyme type, product and origin. Considering the type the market is widely distributed into glucose oxidase, amylase, protease, xylanase, lipase, lipoxygenase and asparaginase. In terms of product the market is classified into biscuits, bread, cakes, cookies, crackers, pies and tortillas. On the basis of origin the market spilt into Non-GMO and GMO.
The major leading players in the market are Novozymes, Amano Enzyme Inc., Dupont Company, Royal DSM, Dyadic International, Advanced Enzymes, Stern Enzymes, Aumenzymes, Maps Enzyme Limited, Puratos Group and Engrain.
About Garner Insights:
We at Garner Insights.com provide a comprehensive analysis by providing in-depth reports of the various market verticals. Our Mission is to provide a detailed analysis of the vast markets worldwide backed by rich data. Decision makers can now rely on our well-defined data gathering methods to get the correct and accurate market forecasting along with detailed analysis.