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Baking Enzymes Market Report: Market Dynamics and Key Drivers
Baking Enzymes Market
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Consumers' busy lifestyles drive a large portion of the consumer base to purchase more ready-made and confectionary food items that are easy to consume. Bakery enzymes have a large market because it is widely used to improve the quality of bakery goods. Due to the increased consumer preference for convenience and packaged food products, the use of compressed yeasts in the bakery industry is growing at a faster rate. Data Bridge Market Research analyses that the baking enzymes market was valued at USD 1,522.21 million in 2021 and is expected to reach the value of USD 2481.65 million by 2029, at a CAGR of 6.3% during the forecast period of 2022 to 2029.
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