Press release
Baking Enzymes Market Set to Rise 5.25% to USD 1226.24 Million by 2030 - North America Leads
The Baking Enzymes Market was valued at approximately USD 857.08 Million in 2023, with projections to reach USD 1,226.24 Million by 2030, growing at a CAGR of 5.25% from 2024 to 2030.Driving forces include:
Rising popularity of western-style baked goods in developing markets.
Consumer demand for clean-label, organic, and gluten-free products.
Technological advancements reducing enzyme costs and enhancing functionality.
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Higher Demand Region: North America Leads
North America held the largest share in 2023 and is expected to maintain dominance through 2030. The U.S. market benefits from high consumer awareness, strong R&D investment, and a mature food-services ecosystem.
United States
Growth & Opportunity
Baking enzymes are gaining significant traction in U.S. commercial bakeries and retail bakeries due to rising interest in clean-label and gluten-free products. Market forecasts suggest strong growth, spurred by an 18% year-over-year increase in protease usage in bread production.
Trends
Widespread adoption in B2B and hypermarket channels.
Clean-label and GMO-free enzyme formulations gaining regulatory and consumer acceptance.
Consolidation
Kerry Group acquired part of Chr. Hansen/Novozymes' lactase business (Dec 2023).
Lallemand (via Danstar Ferment AG) invested in Livzym Biotechnologies (July 2024).
Updation
Advanced enzyme blends like Kerry's "Bio Bake Fresh Rich" launched in Mar 2024 to improve softness and shelf-life in sweet bakery items.
Asia Pacific
Asia Pacific Growth
This region is forecasted to be the fastest-growing, driven by rapid urbanization and rising demand for packaged western-style bakery items in nations like China and India.
Asia-Pacific Opportunity
Enzyme usage in artisanal and convenience bakery sectors is surging.
Demand for enzymes that support gluten-free and clean-label formulations is accelerating.
Asia-Pacific Trends
Retail expansion by QSR chains (Pizza Hut, Domino's, etc.) fueling enzyme demand.
Protease and amylase blends are increasingly used to replicate western texture in breads and pastries.
Consolidation
Advanced Enzyme Technologies (India) continues strategic alliances to enhance regional footprint.
Global firms are forming new partnerships to serve local markets.
Updation
Local innovations are emerging in enzyme blends custom-tailored for high-starch, rice-wheat flours.
Europe
Europe Growth
Europe holds the second-largest market share, with consumer preference for clean-label and organic products boosting adoption.
Europe Opportunity
Stringent food safety regulations have encouraged growth in enzyme use.
Artisan bread demand continues to grow, with 40% European consumers preferring premium bakery items.
Europe Trends
Distributor agreements, such as Brenntag's deal with Lallemand to carry Nutrilife enzymes across DACH, France, Benelux, and Iberia (Jul 2024).
Increase in enzyme adoption in gluten-free and specialty baked goods.
Consolidation
Collaborations among Novozymes, AB Enzymes, and DSM to strengthen product pipelines.
Updation
Investment in R&D for enzyme blends suitable for low-emulsifier, low-acrylamide products.
Middle East & Africa (MEA)
MEA Growth
MEA accounts for roughly 10% of the global market, with rising urbanization and convenience food adoption.
MEA Opportunity
Demand emerging in South Africa, GCC, and Egypt for higher-quality baked foods.
MEA Trends
Enzyme adoption up ~20% in baked products in South Africa and UAE.
Local bakeries are beginning to invest in enzyme-supported gluten-free and premium specification products.
Consolidation
Global providers are initiating distribution partnerships to improve regional market access.
Updation
Expansion of enzyme supply infrastructure to support ready-to-eat and artisanal segments.
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Global M&A and Recent Developments
Kerry Group acquired a portion of Chr. Hansen/Novozymes lactase business (Dec 2023).
Lallemand / Danstar Ferment AG equity stake in Livzym Biotechnologies (Jul 2024).
Brenntag and Lallemand distribution deal for Nutrilife enzymes across Europe (Jul 2024) .
Innovation pipeline expands with launches like Kerry's Bio Bake Fresh Rich (Mar 2024).
Baking Enzymes Market Segmentation:
by Product
Carbohydrase
Protease
Lipase
Others
According to the product, the carbohydrase segment has dominated the market and is anticipated to maintain the largest market share of the baking enzymes market over the course of the forecast period due to its extensive use in a variety of products, including baked goods. Furthermore, carbohydrase enzymes have a high degree of thermal stability, which may enhance food products' texture and prolong their shelf life.
by Applications
Bread
Cakes & Pastries
Cookies & Biscuits
Others
In terms of revenue, the bread segment accounted for the greatest portion of the baking enzyme applications market in 2023 and is anticipated to continue to dominate the market for the duration of the forecast. Due to their many uses, these items are highly consumed in both developed and developing nations. Since bread is a key component of many popular foods including pizza, burgers, hotdogs, and others, its demand is anticipated to increase steadily throughout the course of the projection period (2024-2030).
by Form
Powder
Liquid
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Baking Enzymes Market Major Players:
1. Novozymes A/S [Denmark]
2. DSM
3. Enzymes GmbH
4. DowDuPont Inc.
5. Advanced Enzyme Technologies Ltd. [India]
6. Dyadic International Inc.
7. Engrain
8. SternEnzym GmbH & Co. KG
9. Amano Enzyme Inc.
10. Aum Enzymes
11. Maps Enzyme Limited
12. AB Enzymes GmbH
13. Puratos Group NV
14. Others
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