The cake enzymes market is projected to reach US$ 367.0 million in 2022 and increase at a CAGR of 5.2% to US$ 609.3 million between 2022 and 2032.
The rise in popularity of bakery and confectionery goods in foods and beverages is credited with growth. The enzymes are biological compounds usually proteins having properties, i.e., heat sensitive, optimum temperature and pH. Enzymes such as fungal alpha-amylases and Maltogenic alpha-amylases, glucose oxidase, lipase and many more enzymes are using in bakery products such as pastries, cakes, and cookies, etc. The cake contains a high level of fat and sugar and is frozen which decreases staling matters Caking Enzymes such as maltogenic alpha-amylases and maltotetrahydrolases are used for reducing Staling issues.
To Get a Sample Report
https://www.futuremarketinsights.com/reports/sample/rep-gb-6081
Staling occurs owing to changes in the starch structure during storage. Caking Enzymes have numerous benefits, including maintaining the softness and freshness of the product, providing a long shelf life, cost optimisation, better viscosity, increased cake volume, generating appealing flavours and colours, increasing the nutritional value of the product, and improving the quality and texture of the product. Bakers have relied on enzymes to obtain the majority of their raw materials for millennia. Cake enzyme proteins catalyse a number of biochemical events, unlocking the potential of conventional cake components such as egg, wheat, and fat. These cake enzymes are simple to use and deliver consistent, safe, and predictable results.
Market Scenario
The cake enzymes market across the globe is projected to witness a positive growth over the forecast period 2017 to 2027. There is a significant increase in the cake enzymes market owing to rising demand for bakery products, and cake enzymes help in producing good quality cakes. However, the market is expected to grow moderately in developed countries. North America dominates the global cake enzymes market due to diverse consumption habits and health consciousness attitude of the people.Changes in consumption patterns and lifestyles are encouraging higher consumer spending in countries like India, Brazil, China and South Africa which in turn is supporting cake enzymes market growth.
Drivers and Restraints
Rising use of cake enzymes in the bakery and HoReCa (Hotel, Restaurant, and Cafe) is the critical factor fuelling the growth of the global cake enzymes market. Additionally, the increasing awareness among bakers regarding the utilization of enzymes to improvise quality and efficiency of cakes is expected to drive the market over the forecast period. Also, the growing demand for bakery and confectionery products in food and beverages industry due increasing per capita income and changing the lifestyle of consumers, rise in awareness about packaged food is further fuelling the growth of the global cake enzymes market. Furthermore, the enzymes help to increase the taste and quality of cake and other bakery products, which is also expected to increase the growth of global cake enzymes market during the forecast period. More and more cake manufacturers across the world are discovering the quality-improving and cost-cutting enzymes.
Some of the restraining factors in the cake enzymes market growth could be unstable demand forecast and supply chain.
Segmentation
The cake enzymes market can be segmented on the basis of types and end users. Furthermore on the basis of types cake enzymes market is segmented into maltogenic alpha-amylases and maltotetrahydrolases and on the basis of the end users cake enzymes market is segmented into the bakery, HoReCa (Hotel, Restaurant, and Cafe) and other end users. Geographically, the global cake enzymes market is segmented into seven regions, namely North America, Eastern Europe, Western Europe, Asia Pacific except Japan, Latin America, Middle East Africa and Japan
Key Players
Some of the major global players in the Cake Enzymes market are DSM Nutritional Products AG, Novozymes, DuPont Nutrition & Health, Advanced Enzymes, AB Enzymes, Amano Enzymes, Stern Enzyme, Dyadic International Inc. and other key players.
The report covers exhaust analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current, and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
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
LinkedIn| Twitter| Blogs | YouTube
