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Middle East and Africa Baking Enzymes Market CAGR of 4.70% in the forecast period of 2023 to 2030., Size, Share, Trends, Key Drivers, Demand, Opportunity Analysis and Competitive Outlook
Data Bridge Market Research analyses that the baking enzymes market, which was USD 65.17 million in 2022, is expected to reach USD 94.11 million by 2030, at a CAGR of 4.70% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.Market Overview:
Bakery enzyme is a type of enzyme that is often used to improve characterisitics when baking bread and other bakery items such as pastries and biscuits, to produce softness in cake manufacturing, and to prevent acrylamide generation in bakery products. Bakery enzymes are commonly used to modify dough rheology, gas retention, and crumb softness in bread production, to modify dough rheology in pastry and biscuit production, to change product softness in cake production, and to reduce acrylamide formation in bakery products.
Some of the major players operating in the baking enzymes market are:
DuPont (U.S.)
DSM (Netherlands)
ADM (U.S.)
BASF SE (Germany)
Evonik Industries AG (Germany)
Kemin Industries, Inc. (U.S.)
Novozymes (Denmark)
International Flavors and Fragrances Inc. (U.S.)
Associated British Foods plc (U.K.)
Middle East and Africa Baking Enzymes Market Regional Analysis/Insights
The baking enzymes market is analysed and market size insights and trends are provided by country, type, applications, category, form, end-user, and source as referenced above.
The countries covered in the baking enzymes market report are Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
South Africa dominates the market due to high bread product output, which results in strong demand for enzymes. Given the increasing demand for bakery enzymes, the market in this country is expanding rapidly, followed by the United Arab Emirates, Saudi Arabia, and others.
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