The Asia Pacific Baking Enzymes Market size has been estimated at USD 123.02 Million in 2021 and is projected to reach USD 194.55 Million by 2026, at a CAGR of 9.6% during the forecast period from 2021 to 2026.
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.
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. But, the market growth can be constrained due to strict regulations regarding the amount of enzymes used by food administration department.
Asia Pacific market for Baking Enzymes is segmented based on type and application. By type, the market is further sub-segmented into Carbohydrase, Protease, Lipase and Others. By application, the market is further sub-segmented into Bread, Biscuits & Cookies, Cake & Pastry. Carbohydrase is projected to experience the highest growth, and Protease is contributing to second largest share.
Geographically, Asia Pacific market for Baking Enzymes is segmented into China, India, Japan, South Korea and 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
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 New Developments
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 By Type
5.1.1 Carbohydrase
5.1.2 Protease
5.1.3 Lipase
5.1.4 Other enzymes
5.2 By Application
5.2.1 Bread
5.2.2 Biscuits & Cookies
5.2.3 Cake & Pastry
6. Geographical Analysis
6.3 Asia-Pacific
6.1 Introduction
6.2 China
6.3 India
6.4 Japan
6.5 South Korea
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Novozymes
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Strategic Evaluation and Operations
8.1.4 Financial analysis
8.1.5 Legal issues
8.1.6 Recent Developments
8.1.7 SWOT analysis
8.1.8 Analyst View
8.2 AB Enzymes
8.3 DSM
8.4 Advanced Enzymes
8.5 Amano Enzyme Inc.
8.6 Stern Enzymes
8.7 N.V., Dydaic International Inc.
8.8 Engrain
8.9 E.I. Dupont De Nemours & Company
8.10 Puratos Group N.V.
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Expert Opinions
10.1 Market Outlook
10.2 Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
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Feb 2020
