Asia Pacific Baking Enzymes Market By Type (Carbohydrase, Protease, Lipase, Others), Application (Bread, Biscuits & Cookies, Cake & Pastry), And Country (India, China, Japan, South Korea, Australia, New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore and Rest of APAC) – Size, Share, Trends, Growth, Forecast (2024 to 2032)

Updated On: June, 2024
ID: 1053
Pages: 135

Asia Pacific Baking Enzymes Market Size (2024 to 2032)

The Asia Pacific Baking Enzymes Market size was estimated at USD 207.50 million in 2024 and is projected to reach USD 332.68 million by 2032, at a CAGR of 6.08% during the forecast period from 2024 to 2032.

Baking enzymes help in improving color texture, dough improvement and prolonged softness of baking products. They are widely used in baking products such as breads, biscuits, cookies, cakes & pastries. It is used in products which are perishable in nature and its freshness and stability is most important.

Market Drivers 

The market for baking enzymes is mainly driven due to increase awareness about health and nutrition, food, technological advancement, and ever-growing demand from the food industry for baking products. Also, decline use of emulsifiers, increase demand for packaged food, urbanization, and change in lifestyle are the most important driving factors in baking enzymes market.

Market Restraints

But, the market growth can be constrained due to strict regulations regarding the amount of enzymes used by food administration department.

Segmental Analysis

Asia Pacific Baking Enzymes Market By Type

  • Carbohydrase
  • Protease
  • Lipase
  • Others

Asia Pacific Baking Enzymes Market By Application

  • Bread
  • Biscuits & Cookies
  • Cake & Pastry

Carbohydrase is projected to experience the highest growth, and Protease is contributing to second largest share.

Asia Pacific Baking Enzymes Market By Region

  • China
  • India
  • Japan
  • South Korea
  • Australia

Asia-Pacific market is growing with highest CAGR, due to increasing number of companies investing in this region in food production companies and increasing baking outlets, due to which there is enormously high usage of baking enzymes.

Key Players in the Market

Major key Players in the APAC Baking Enzymes Market are Novozymes, AB Enzymes, DSM, Advanced Enzymes, Amano Enzyme Inc, Stern Enzymes, Dydaic International Inc, Engrain, Maps Enzyme Limited, E.I. Dupont De Nemours & Company, Aumenzymes, and Puratos Group N.V

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