Trends and Forecast of Alpha Amylase Baking Enzyme Market
Alpha amylase baking enzyme is an enzyme that is used in the baking industry to break down starch into simple sugars. This enzyme is used in the production of bread, cakes, and other baked goods. The alpha amylase baking enzyme market is expected to grow in the coming years due to the increasing demand for baked goods and the growing awareness about the benefits of using enzymes in the baking industry.
Overview
The global alpha amylase baking enzyme market is expected to grow at a CAGR of 6.5% during the forecast period (2021-2026). The market is driven by the increasing demand for baked goods, the growing awareness about the benefits of using enzymes in the baking industry, and the increasing adoption of enzymes in the food industry.
The market is segmented based on type, application, and region. Based on type, the market is segmented into fungal alpha amylase, bacterial alpha amylase, and others. Based on application, the market is segmented into bread, cakes and pastries, biscuits and cookies, and others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
Key Players in the Trends and Forecast of Alpha Amylase Baking Enzyme Market
The key players in the alpha amylase baking enzyme market include Novozymes A/S, DSM N.V., DuPont de Nemours, Inc., Amano Enzyme Inc., AB Enzymes GmbH, Kerry Group plc, Jiangsu Boli Bioproducts Co., Ltd., Puratos Group NV, SternEnzym GmbH & Co. KG, and Advanced Enzyme Technologies Ltd.
These companies are focusing on product innovation, partnerships, and collaborations to expand their market presence. For instance, in 2020, Novozymes A/S launched a new enzyme solution, Novamyl® 3D, which is designed to improve the texture, freshness, and shelf life of bread.
Market Challenges
One of the major challenges faced by the alpha amylase baking enzyme market is the high cost of enzymes. Enzymes are expensive to produce, and this cost is passed on to the consumers. This makes it difficult for small and medium-sized bakeries to afford these enzymes.
Another challenge faced by the market is the lack of awareness about the benefits of using enzymes in the baking industry. Many bakers are not aware of the benefits of using enzymes, and this limits the adoption of these enzymes in the industry.
Market Opportunities
The increasing demand for gluten-free and low-carbohydrate baked goods is expected to create opportunities for the alpha amylase baking enzyme market. Enzymes can be used to improve the texture and quality of gluten-free and low-carbohydrate baked goods, and this is expected to drive the demand for these enzymes in the coming years.
The growing trend of clean label and natural ingredients is also expected to create opportunities for the market. Enzymes are considered natural ingredients, and the use of these enzymes in baked goods can help bakers meet the growing demand for clean label products.
Future of Alpha Amylase Baking Enzyme Market
The alpha amylase baking enzyme market is expected to grow in the coming years due to the increasing demand for baked goods and the growing awareness about the benefits of using enzymes in the baking industry. The market is expected to be driven by the increasing adoption of enzymes in the food industry and the growing trend of clean label and natural ingredients.
The market is expected to face challenges such as the high cost of enzymes and the lack of awareness about the benefits of using enzymes in the baking industry. However, the increasing demand for gluten-free and low-carbohydrate baked goods is expected to create opportunities for the market.
Conclusion
The alpha amylase baking enzyme market is expected to grow in the coming years due to the increasing demand for baked goods and the growing awareness about the benefits of using enzymes in the baking industry. The market is expected to be driven by the increasing adoption of enzymes in the food industry and the growing trend of clean label and natural ingredients. However, the market is expected to face challenges such as the high cost of enzymes and the lack of awareness about the benefits of using enzymes in the baking industry.
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Knox Market Research journalist was involved in the writing and production of this article.