NEWARK, Del, June 02, 2022 (GLOBE NEWSWIRE) -- The global alpha-amylase baking enzyme market is expected to secure a market value worth US$ 465 Million while expanding at a CAGR of 3.8% during the forecast period. The growth of the market can be accredited to the increasing importance of enzymes in bread making to provide various features such as; color texture, dough improvement, and softness. Increasing demand from bakery manufacturers for enzymes to increase the yeast and provide better texture during the formulation for the final product is projected to be another vital factor in the coming time.
Moreover, the alpha-amylase enzyme is gaining significant traction in the chemical industry as they are used as a catalyst in biofuels. They’re likely to experience significant traction for detergent production in order to augment the product yield and reduce lead time. In addition, rising interest in the plant-based alpha-amylase baking enzyme is anticipated to offer significant opportunities to the market. For instance, in June 2021, RXBAR, the Kellogg Company subsidiary rolled out its first plant-based product, peanut butter, and chocolate chip flavors. Such initiatives are expected to provide opportunities for expansion in the market in the coming time.
On the contrary, health issues associated with the consumption of bakery products are projected to be the most significant factor hindering market growth in the coming time. Furthermore, rising preference for all alternative protein hydrolysis enzymes like xylanase, lipase, and others are likely to limit the market growth in the assessment period.
Get Sample of the Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-14846
Key Takeaways from the Market Study:
· Bacteria-based alpha-amylase baking enzymes to exhibit a CAGR of 3.8% during the forecast period
· By application, bread manufacturing to comprise maximum usage, documenting a CAGR of 3.6%
· Market in the U.S to value US$ 162.4 Million by 2032
· U.K market to expand at a CAGR of 3% in the assessment period
· Market in Japan to garner US$ 27 Million during the forecast period
“Rising consumption of bakery products as well as the quest to include ingredients which are consumer health friendly and cost effective are collectively leading to expansion of the market for alpha-amylase baking products market,” says an analyst at FMI.
Competition Analysis
Key players in the global alpha-amylase baking enzyme market include Koninklijke DSM N.V., Novozymes A/S DuPont, Puratos Group N.V., and Specialty Enzymes. Recent key developments in the market are:
· In May 2022, Winni Cakes, India’s leading online gifting platform and bakery chain, announced the opening of the first baking institute in Panchkula that has world resources, educators, and a modern bakery set up to train the young fellows.
· In May 2022, B&M, a European Value Retail S.A.., announced the launch of the banana-flavored Jammie Dodger biscuit range.
Key Segments Profiled in the Alpha-Amylase Baking Enzyme Market Study
Alpha-Amylase Baking Enzyme Market by Source:
- Fungi-based Alpha-Amylase Baking Enzymes
- Bacteria-based Alpha-Amylase Baking Enzymes
- Maltogenic
- G4
- Others
- Plant-Based Alpha-Amylase Baking Enzymes
Alpha-Amylase Baking Enzyme Market by Application:
- Alpha-Amylase Baking Enzymes for Bread
- Alpha-Amylase Baking Enzymes for Cookies & Biscuits
- Alpha-Amylase Baking Enzymes for Desserts
- Alpha-Amylase Baking Enzymes for Other Applications
Request Customization of the report @ https://www.futuremarketinsights.com/customization-available/rep-gb-14846
Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Summary of Statistics
1.3. Key Market Characteristics & Attributes
1.4. FMI Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Risks and Trends Assessment
3.1. Risk Assessment
3.2. Key Trends Impacting the Market
3.3. Formulation and Product Development Trends
4. Market Background and Foundation Data Points
4.1. Global Alpha-Amylase Baking Enzyme Market (US$ Mn)
4.2. Alpha-Amylase Baking Enzyme Market Opportunity Assessment (US$ Mn)
4.3. Market Scenario Forecast
4.4. Investment Feasibility Analysis
5. Key Success Factors
5.1. Manufacturers’ Focus on Low Penetration High Growth Markets
5.2. Banking on with Segments High Incremental Opportunity
5.3. Peer Benchmarking
6. Global Alpha-Amylase Baking Enzyme Market Demand Analysis 2015-2021 and Forecast, 2022-2032
6.1. Historical Market Analysis, 2015-2021
6.2. Current and Future Market Projections, 2022-2032
6.3. Y-o-Y Growth Trend Analysis
7. Global Alpha-Amylase Baking Enzyme Market Value Analysis 2015-2021 and Forecast, 2022-2032
7.1. Historical Market Value (US$ Mn) Analysis, 2015-2021
7.2. Current and Future Market Value (US$ Mn) Projections, 2022-2032
7.2.1. Y-o-Y Growth Trend Analysis
7.2.2. Absolute $ Opportunity Analysis
TOC Continue…
Get Discount on the Report @ https://www.futuremarketinsights.com/request-discount/rep-gb-14846
Have a Look at Related Research Reports:
Carnauba Wax Market : The carnauba wax market is anticipated to have an effective CAGR of 4.2% during the period 2022-2032.
Frozen Meat Grinder Market : The global frozen meat grinder market is expected to grow at a CAGR of 5.4% over the forecast period (2022-2032).
Cashew Milk Market : The global cashew milk market is expected to reach a market valuation of USD 207.7 Mn by the year 2022, accelerating with a CAGR of 6.3% by 2022-2032.
Betanin Food Color Market : Betanin Food Color Market analysis by Future Market Insights tells that the market is expected to reach a market valuation of nearly USD 91 mn by the year 2022, and thereafter accelerating with a CAGR of 4.7% between 2022-2032.
Shea Butter Market : The global shea butter market is set to witness growth at a CAGR of 7.7% and top a valuation of US$ 5.5 Bn by 2032
Almond Butter Market : According to Future Market Insights, business to consumer (B2C) model has become more important in the food and beverage sector due to social media influence and growing preference for online purchasing.
About Us
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
Contact:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
Report: https://www.futuremarketinsights.com/reports/alpha-amylase-baking-enzyme-market
LinkedIn| Twitter| Blogs
