The global alpha-amylase baking enzyme market is anticipated to generate US$ 465 million between 2022 and 2032, at a CAGR of 3.8%. The increased importance of enzymes in bread making to provide numerous properties such as dough enhancement, colour texture, and softness can be related to the market’s expansion.
The Alpha-Amylase Baking Enzyme market is experiencing significant growth as it plays a crucial role in improving dough handling, texture, and shelf life in baked goods. With its ability to enhance the baking process and achieve consistent quality, the demand for these enzymes is rising in the food industry. The market’s expansion is driven by increasing consumer preferences for high-quality and longer-lasting bakery products.
Another critical factor in the near future is expected to be an increase in demand from bakery manufacturers for enzymes to stimulate yeast and give better texture during final product formulation.
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Alpha-amylase enzyme is also becoming quite popular in the chemical sector due to its usage as a catalyst in biofuels. To increase product yield and shorten lead times, they’re expected to see major growth in detergent manufacture.
Furthermore, increased interest in the plant-based alpha-amylase baking enzyme is expected to provide significant market potential. For example, RXBAR, a Kellogg Company subsidiary, released its first plant-based snack in June 2021, with peanut butter and chocolate chip flavours. Such activities are projected to give prospects for market expansion in the near future.
On the contrary, health concerns connected with bakery product use are expected to be the most major factor impeding market expansion in the next years. Furthermore, increased demand for alternative protein hydrolysis enzymes such as xylanase, lipase, and others is expected to impede market expansion during the assessment period.
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
- 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.
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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.
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More Valuable Insights
Future Market Insights, in its new offering, presents an unbiased analysis of the global alpha-amylase baking enzyme market, presenting a historical analysis from 2015 to 2021 and forecast statistics for the period of 2022-2032.
The study reveals essential insights on the basis of source (fungi, bacteria and plant-based) and application (bread, cookies & biscuits, desserts and others), across five major regions (North America, Europe, Asia Pacific, Middle East & Africa, and Latin America)
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
Alpha-Amylase Baking Enzyme Market by Region:
- North America Alpha-Amylase Baking Enzyme Market
- Europe Alpha-Amylase Baking Enzyme Market
- Asia Pacific Alpha-Amylase Baking Enzyme Market
- Middle East & Africa Alpha-Amylase Baking Enzyme Market
- Latin America Alpha-Amylase Baking Enzyme Market
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