Press release
Bakery Enzymes Market to Reach USD 975.3 million by 2030 | To See Incredible Growth During Forecast Period
According to the report published by Allied Market Research, the global bakery enzymes market was estimated at $448.3 million in 2020 and is expected to hit $975.3 million by 2030, registering a CAGR of 6.2% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฆ๐ฉ๐ฅ๐: https://www.alliedmarketresearch.com/request-sample/14737
Change in food habits and busy lifestyle of consumers, surge in disposable income, increase in working women population, and rapid digitization result in rise in number of quick service restaurants, thus increasing the demand for bakery products majorly breads & buns from these restaurants. Thus, rise in demand for bakery products has driven the need for bakery enzymes, which notably contribute toward the bakery enzymes market growth.
๐๐๐ฒ ๐๐ข๐ง๐๐ข๐ง๐ ๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐ฌ๐ญ๐ฎ๐๐ฒ
By product type, the others segment accounted for the highest share in 2020.
On the basis of form, the powder segment accounted for the highest bakery enzymes market share in 2020, growing at a CAGR of 6.9% from 2021 to 2030.
Depending on application, the bread segment accounted for the highest market share in 2020, growing at a CAGR of 6.5% from 2021 to 2030.
Region wise, North America occupied the maximum share in the market in 2020, and is expected to be the dominating segment during the bakery enzymes market forecast period.
๐๐ฎ๐ฒ ๐๐ก๐ข๐ฌ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.alliedmarketresearch.com/checkout-final/3a9b1be27883c14bf5950a244c3d95ef
๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
Based on form, the powder segment accounted for nearly three-fourths of the total market revenue in 2020, and is expected to lead the trail by 2030. The liquid segment, on the other hand, would cite the fastest CAGR of 7.9% during the forecast period.
Based on product type, the lipase segment contributed to nearly one-third of the total market share in 2020, and is anticipated to dominate by 2030. At the same time, the protease segment would cite the fastest CAGR of 8.0% throughout the forecast period.
๐๐๐ค๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ: https://www.alliedmarketresearch.com/purchase-enquiry/14737
๐๐จ๐ฉ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
Companies can operate in a highly competitive market by introducing new products or updated versions of existing products. Agreement with key stakeholders is expected to be a key strategy to sustain in the market. In the recent past, many leading players opted for partnership strategies to strengthen their foothold in the market. To understand the key bakery enzymes market trends, strategies of leading players are analyzed in the report. Some of the key players in the bakery enzymes market analysis includes Koninklijke DSM N.V. , Lallemand Inc., Novozymes A/S, Maps Enzymes Limited , SternEnzym GmbH & Company KG, Dyadic International, Inc., Associated British Foods Plc. , Advanced Enzymes, BASF SE, and Kerry Group, PLC.
๐๐ก๐๐๐ค ๐จ๐ฎ๐ญ ๐ฆ๐จ๐ซ๐ ๐ซ๐๐ฅ๐๐ญ๐๐ ๐ฌ๐ญ๐ฎ๐๐ข๐๐ฌ ๐ฉ๐ฎ๐๐ฅ๐ข๐ฌ๐ก๐๐ ๐๐ฒ ๐๐๐ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Dairy Enzyme Market - https://www.alliedmarketresearch.com/dairy-enzyme-market-A14280
Blackstrap Molasses Market - https://www.alliedmarketresearch.com/blackstrap-molasses-market
Dairy Alternative Market - https://www.alliedmarketresearch.com/dairy-alternative-market
๐๐จ๐ง๐ญ๐๐๐ญ:
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๐๐๐จ๐ฎ๐ญ ๐๐ฌ
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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