Middle East And Africa Baking Enzymes Market Research Report – Segmented By Type (Carbohydrase, Protease, Lipase, Others), Application (Bread, Biscuits & Cookies, Cake & Pastry), And Country (KSA, UAE, Israel, Rest Of GCC Countries, South Africa, Ethiopia, Kenya, Egypt, Sudan And Rest Of MEA) - Industry Analysis On Size, Share, Trends, COVID-19 Impact & Growth Forecast (2024 To 2029)

Updated On: January, 2024
ID: 1055
Pages: 133

Middle East and Africa Baking Enzymes Market Size (2024 To 2029)

The size of the Middle East and Africa baking enzymes market is expected to be worth USD 47.06 million in 2024 and grow at a CAGR of 3.65% from 2024 to 2029 to achieve USD 56.29 million by 2029.

Baking enzyme is a form of a chemical which performs biochemical actions and act as a catalyst. They are widely used in confectionery items like pastries, cakes, cookies, breads, biscuits and 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 declining use of emulsifiers, uncovering of health and nutritional values and high disposable income among consumers. 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 declined due to factors like strict government rules and regulations regarding its extensive usage.

This research report on the Middle East and Africa baking enzymes market is segmented and sub-segmented into the following categories.

Middle East and Africa Baking Enzymes Market By Type 

  • Carbohydrase
  • Protease
  • Lipase
  • Others

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

Middle East and Africa Baking Enzymes Market By Application

  • Bread
  • Biscuits & Cookies
  • Cake
  • Pastry

Middle East and Africa Baking Enzymes Market By Region

  • KSA
  • UAE
  • Israel
  • rest of GCC countries
  • South Africa
  • Ethiopia
  • Kenya
  • Egypt
  • Sudan
  • Rest of MEA

These regions are estimated to achieve highest gains in the near future. Due to increasing penetration of global companies into the untapped markets of this region, there is a wide range of opportunities for a growth in demand in this region.

KEY MARKET PLAYERS

Major Key players in the MEA 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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