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Alpha-Amylase Baking Enzyme Market Outlook (2022-2032)

[300 Pages Report] With a CAGR of 3.8%, the global alpha-amylase baking enzyme market is expected to garner US$ 465 Million during the forecast period from 2022 to 2032. Expansion of the market can be attributed to the growing importance of enzymes in bread making to offer various features such as; dough improvement, color texture, and softness.

“Growing consumption of bakery products and rising demand for ready-to-eat meal is projected to play an important role in driving the market during the forecast period.”

Attributes Details
Global Alpha-Amylase Baking Enzyme Market CAGR (2022- to 2032) 3.8%
Global Alpha-Amylase Baking Enzyme Market Size (2022) US$ 321.0 Million
Global Alpha-Amylase Baking Enzyme Market Size (2032) US$ 465.5 Million

The rise in demand from bakery manufacturers for enzymes to enhance yeast yield and offer better texture during the formulation of the final product is likely to be one of the vital factors driving the global alpha-amylase baking enzyme market. Also, the growing demand for bakery products along with its application in the production of biofuels, sugar products, animal feed, and breweries is anticipated to boost market growth.

Alpha-amylase enzyme is gaining popularity in the chemical industry since they are used as a catalyst in biofuels. They are also witnessing significant traction for detergent production in order to increase the product yield and lessen lead time.

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What are the Factors Driving Alpha-Amylase Baking Enzyme Market Growth?

Increasing demand for convenience food in developing countries is expected to drive the market in the forecast period. Also, the rapid expansion of the fast-food industry is projected to benefit the market notably in the coming time. Globally renowned food chains such as; McDonald’s is one among the significant consumers of the product, which is expected to benefit the industry. In May 2022, Deliveroo and McDonald’s announced a global strategic partnership, evolving their existing agreement and offering customers better delivery services through the Deliveroo platform. Such initiatives are predicted to propel industry growth in the coming period.

Alpha-Amylase Baking Enzyme Market

The growing prevalence of a hectic lifestyle has generated notable demand for ready-to-eat food products such as; bread, cookies, cakes, and biscuits, among others. Moreover, increased spending power and rising urbanization have resulted in a fast-paced lifestyle, which is anticipated to be another factor bolstering the market growth in the assessment period. Also, the rising launch of new products is likely to further boost the market growth in the coming time. For instance, in May 2022, Ritz Crackers & Oreo Cookies teamed up to launch a new RittzxOreo treat. Such initiatives are projected to drive the market.

What are the Prevailing Opportunities in the Global Alpha-Amylase Baking Enzyme Market?

The growing interest in the plant-based alpha-amylase baking enzyme is expected to offer significant market opportunities in the forecast period. Owing to increased health consciousness, there has been a rising demand for plant-based bakeries, which is projected to offer remunerative market expansion opportunities. In June 2021, RXBAR, the Kellogg Company subsidiary launched its first plant-based product, peanut butter, and chocolate chip flavors. Such initiatives are expected to provide opportunities for expansion in the market in the coming time.

Another prevailing opportunity in the market is the increasing number of working women across the globe. As employed women do not have much time to cook, they prefer eating a ready-to-cook meal. This is expected to give expansion opportunities to the market in the forecast period.

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What are the Restraining Factors in the Global Alpha-Amylase Baking Enzyme Market?

Associated health issues with consuming too many bakery products are expected to be the most significant factor hampering the market growth in the forecast period. Also, increasing preference for the alternative protein hydrolysis enzymes such as lipase, xylanase, and others, are expected to be other factors obstructing the market growth in the assessment time. However, increasing R&D for functional foods in developing countries is expected to provide various opportunities for market growth in the forecast period and also counter the impeding cause and support market growth in the forecast period.

Comparative View of Adjacent Alpha-Amylase Baking Enzyme Markets

Global Alpha-Amylase Baking Enzyme Market:

Attributes Global Alpha-Amylase Baking Enzyme Market
CAGR (2022-2032) 3.8%
Market Value (2032) US$ 465 Million
Growth Factor The rapid expansion of the fast-food industry is projected to benefit the market significantly in the forecast period.
Opportunities Owing to increased health consciousness, there has been a rising demand for plant-based bakeries, which is projected to offer remunerative market expansion opportunities in the coming time.

Global Bakery Products Market:

Attributes Global Bakery Products Market
CAGR (2022-2032) 6%
Market Value (2032) US$ 592 Billion
Growth Factor Increasing demand for convenience foods and rising westernization are expected to drive the market in the forecast period.
Opportunities The launch of innovative products and rising urbanization are projected to offer significant opportunities to market growth in the coming time.

Global Biofuels Market:

Attributes Global Biofuels Market
CAGR (2022-2032) 7%
Market Value (2032) US$ 201 Billion
Growth Factor Increasing demand for sustainable and reliable energy is expected to benefit the market in the forecast period.
Opportunities Increasing favorable initiatives for biofuel combination in vehicle fuels and growing government support for environmentally friendly power options are expected to offer significant opportunities to the market in the forecast period.

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What is the Segmentation Analysis of the Global Alpha-Amylase Baking Enzyme Market?

According to the analysis, by the source, the global alpha-amylase baking enzyme market, is expected to be dominated by the bacteria segment. The segment is projected to exhibit a CAGR of 3.8% during the forecast period. Expansion of the bacteria segment can be attributed to its high thermal stability as compared to other sources. Such types of alpha-amylase sources are used in combination with other enzymes such as fungal, lipase, and xylanase to achieve optimum crumb softness during the process of bread baking.

Based on application, the bread segment is expected to dominate the market in the forecast period. As per the analysis, the segment is projected to exhibit a CAGR of 3.6% in the forecast period. Expansion of the segment can be attributed to the rising number of bakeries across the globe and the growing demand for ready-to-eat food.

What is the Regional Analysis of the Global Alpha-Amylase Baking Enzyme Market?

As per the analysis, the global alpha-amylase baking enzyme market is projected to be dominated by North America. In the region, the U.S market is anticipated to lead the industry. The country is anticipated to garner a market value of US$ 162.4 Million while recording a CAGR of 3.4% by 2032. The growth of the regional market can be attributed to the new product launches and the presence of established players. Also, increasing consumption of bakery products is anticipated to be another factor developing the market in the assessment period.

Europe is projected to witness decent growth in the forecast period. The U.K is projected to procure the largest market share in the region. The country is likely to secure US$ 20.6 Million in the assessment period. The growth of the regional market can be attributed to the expansion of the food and beverage industry.

APAC is expected to be the most lucrative market in the forecast period. China is anticipated to dominate the industry in the assessment period. As per the analysis, China is estimated at US$ 31.3 Million, while Japan and South Korea are projected at US$ 27 Million and 18.8 Million, respectively. The growth of the regional market can be attributed to the increasing practice of bakery practice. Also, the growing number of startups in the region is projected to play a vital role in driving the market in the assessment time. Moreover, a growing number of product launches is expected to further strengthen the market growth. For instance, the launch of frozen Malabar Parathas in India can offer significant opportunities for expansion in the forecast period.

Countries Estimated CAGR
USA 3.4%
U.K 3%
China 3%
Japan 3.2%
South Korea 2.9%

What is the Contribution of Key Players in Driving the Global Alpha-Amylase Baking Enzyme Market?

Key players in the global alpha-amylase baking enzyme market include:  Koninklijke DSM N.V., Novozymes A/S DuPont, Puratos Group N.V., and Specialty Enzymes. Recent key developments in the market are:

  • In May 2022, B&M, a European Value Retail S.A.., announced the launch of the banana-flavored Jammie Dodger biscuit range.
  • In May 2022, Winni Cakes, India’s leading online gifting platform and bakery chain, announced the opening of the first baking institute in Panchkula that has world resources, educators, and a modern bakery set up to train the young fellows.

Key Segments Profiled in the Alpha-Amylase Baking Enzyme Market Study

Alpha-Amylase Baking Enzyme Market by Source:

  • Fungi-based Alpha-Amylase Baking Enzymes
  • Bacteria-based Alpha-Amylase Baking Enzymes
    • Maltogenic
    • G4
    • Others
  • Plant-Based Alpha-Amylase Baking Enzymes

Alpha-Amylase Baking Enzyme Market by Application:

  • Alpha-Amylase Baking Enzymes for Bread
  • Alpha-Amylase Baking Enzymes for Cookies & Biscuits
  • Alpha-Amylase Baking Enzymes for Desserts
  • Alpha-Amylase Baking Enzymes for Other Applications

Alpha-Amylase Baking Enzyme Market by Region:

  • North America Alpha-Amylase Baking Enzyme Market
  • Europe Alpha-Amylase Baking Enzyme Market
  • Asia Pacific Alpha-Amylase Baking Enzyme Market
  • Middle East & Africa Alpha-Amylase Baking Enzyme Market
  • Latin America Alpha-Amylase Baking Enzyme Market

Frequently Asked Questions

What is the projected market value of the Global Alpha-Amylase Baking Enzyme Market in 2022?

The global alpha-amylase baking enzyme market is expected to secure US$ 321 Million in 2022.

What is the anticipated market value of the Global Alpha-Amylase Baking Enzyme Market from 2022- to 2032?

The global alpha-amylase baking enzyme market is projected to secure US$ 465.5 Million by 2032.

By application, which segment is expected to lead the market?

The bread segment is projected to lead while exhibiting a CAGR of 3.6% by 2032.

What is the expected U.S market size by 2032?

The U.S market to secure US$ 162.4 Million by 2032.

What is the projected CAGR of China by 2032?

China is predicted to witness a CAGR of 3.4% by 2032.

What is the projected market size of Japan during the forecast period?

Japan is expected to procure a market value of US$ 27 Million by 2032.

What is the projected market value of South Korea by 2032?

South Korea is anticipated to garner a market value worth US$ 18.8 Million by 2032.

Table of Content

1. Executive Summary

    1.1. Global Market Outlook 

    1.2. Summary of Statistics

    1.3. Key Market Characteristics & Attributes

    1.4. FMI Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy 

    2.2. Market Definition / Scope / Limitations

3. Market Risks and Trends Assessment 

    3.1. Risk Assessment 

        3.1.1. COVID-19 Crisis and Impact on Demand

        3.1.2. COVID-19 Impact Benchmark with Previous Crisis 

        3.1.3. Impact on Market Value (US$ Mn)

        3.1.4. Assessment by Key Countries

        3.1.5. Assessment by Key Market Segments

        3.1.6. Action Points and Recommendation for Suppliers

    3.2. Key Trends Impacting the Market

    3.3. Formulation and Product Development Trends

4. Market Background and Foundation Data Points 

    4.1. Global Market (US$ Mn)

    4.2. Market Opportunity Assessment (US$ Mn)

        4.2.1. Total Available Market

        4.2.2. Serviceable Addressable Market

        4.2.3. Serviceable Obtainable Market

    4.3. Market Scenario Forecast 

        4.3.1. Demand in optimistic Scenario

        4.3.2. Demand in Likely Scenario

        4.3.3. Demand in Conservative Scenario 

    4.4. Investment Feasibility Analysis 

        4.4.1. Investment in Established Markets

            4.4.1.1. In Short Term

            4.4.1.2. In Long Term

        4.4.2. Investment in Emerging Markets

            4.4.2.1. In Short Term

            4.4.2.2. In Long Term

    4.5. Forecast Factors - Relevance & Impact 

        4.5.1. Top Companies Historical Growth

        4.5.2. Global Market Growth

        4.5.3. Adoption Rate, By Country

    4.6. Market Dynamics 

        4.6.1. Market Driving Factors and Impact Assessment

        4.6.2. Prominent Market Challenges and Impact Assessment

        4.6.3. Market Opportunities

        4.6.4. Prominent Trends in the Global Market & Their Impact Assessment

5. Key Success Factors 

    5.1. Manufacturers’ Focus on Low Penetration High Growth Markets

    5.2. Banking on with Segments High Incremental Opportunity

    5.3. Peer Benchmarking 

6. Global Market Demand Analysis 2015-2021 and Forecast, 2022-2032

    6.1. Historical Market Analysis, 2015-2021

    6.2. Current and Future Market Projections, 2022-2032

    6.3. Y-o-Y Growth Trend Analysis

7. Global Market Value Analysis 2015-2021 and Forecast, 2022-2032

    7.1. Historical Market Value (US$ Mn) Analysis, 2015-2021

    7.2. Current and Future Market Value (US$ Mn) Projections, 2022-2032

        7.2.1. Y-o-Y Growth Trend Analysis

        7.2.2. Absolute $ Opportunity Analysis

8. Global Market Analysis 2015-2021 and Forecast 2022-2032, By Source

    8.1. Introduction / Key Findings

    8.2. Historical Market Size (US$ Mn) Analysis By Source, 2015-2021

    8.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Source, 2022-2032

        8.3.1. Fungi

        8.3.2. Bacteria

            8.3.2.1. Maltogenic

            8.3.2.2. G4

            8.3.2.3. Others

        8.3.3. Plant-based

    8.4. Market Attractiveness Analysis By Source

9. Global Market Analysis 2015-2021 and Forecast 2022-2032, By Application

    9.1. Introduction / Key Findings

    9.2. Historical Market Size (US$ Mn) Analysis By Application, 2015-2021

    9.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Application, 2022-2032

        9.3.1. Breads

        9.3.2. Cookies & Biscuits

        9.3.3. Desserts

        9.3.4. Others

    9.4. Market Attractiveness Analysis By Application

10. Global Market Analysis 2015-2021 and Forecast 2022-2032, By Region

    10.1. Introduction

    10.2. Historical Market Size (US$ Mn) Analysis By Region, 2015-2021

    10.3. Current Market Size (US$ Mn) & Analysis and Forecast By Region, 2022-2032

        10.3.1. North America

        10.3.2. Latin America

        10.3.3. Europe

        10.3.4. Asia Pacific 

        10.3.5. Middle East and Africa (MEA)

    10.4. Market Attractiveness Analysis By Region

11. North America Market Analysis 2015-2021 and Forecast 2022-2032

    11.1. Introduction

    11.2. Pricing Analysis

    11.3. Historical Market Value (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021

    11.4. Market Value (US$ Mn) & Forecast By Market Taxonomy, 2022-2032

        11.4.1. By Country

            11.4.1.1. U.S.

            11.4.1.2. Canada

            11.4.1.3. Rest of North America

        11.4.2. By Source

        11.4.3. By Application

    11.5. Market Attractiveness Analysis

        11.5.1. By Country

        11.5.2. By Source

        11.5.3. By Application

12. Latin America Market Analysis 2015-2021 and Forecast 2022-2032

    12.1. Introduction

    12.2. Pricing Analysis

    12.3. Historical Market Value (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021

    12.4. Market Value (US$ Mn) & Forecast By Market Taxonomy, 2022-2032

        12.4.1. By Country

            12.4.1.1. Brazil

            12.4.1.2. Mexico

            12.4.1.3. Rest of Latin America

        12.4.2. By Source

        12.4.3. By Application

    12.5. Market Attractiveness Analysis

        12.5.1. By Country

        12.5.2. By Source

        12.5.3. By Application

13. Europe Market Analysis 2015-2021 and Forecast 2022-2032

    13.1. Introduction

    13.2. Pricing Analysis

    13.3. Historical Market Value (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021

    13.4. Market Value (US$ Mn) & Forecast By Market Taxonomy, 2022-2032

        13.4.1. By Country

            13.4.1.1. Germany

            13.4.1.2. France

            13.4.1.3. U.K.

            13.4.1.4. Italy

            13.4.1.5. Benelux

            13.4.1.6. Nordic Countries

            13.4.1.7. Rest of Europe

        13.4.2. By Source

        13.4.3. By Application

    13.5. Market Attractiveness Analysis

        13.5.1. By Country

        13.5.2. By Source

        13.5.3. By Application

14. Asia Pacific Market Analysis 2015-2021 and Forecast 2022-2032

    14.1. Introduction

    14.2. Pricing Analysis

    14.3. Historical Market Value (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021

    14.4. Market Value (US$ Mn) & Forecast By Market Taxonomy, 2022-2032

        14.4.1. By Country

            14.4.1.1. China

            14.4.1.2. Japan

            14.4.1.3. South Korea

            14.4.1.4. Rest of Asia Pacific

        14.4.2. By Source

        14.4.3. By Application

    14.5. Market Attractiveness Analysis

        14.5.1. By Country

        14.5.2. By Source

        14.5.3. By Application

15. Middle East and Africa Market Analysis 2015-2021 and Forecast 2022-2032

    15.1. Introduction

    15.2. Pricing Analysis

    15.3. Historical Market Value (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021

    15.4. Market Value (US$ Mn) & Forecast By Market Taxonomy, 2022-2032

        15.4.1. By Country

            15.4.1.1. GCC Countries

            15.4.1.2. South Africa

            15.4.1.3. Turkey

            15.4.1.4. Rest of Middle East and Africa

        15.4.2. By Source

        15.4.3. By Application

    15.5. Market Attractiveness Analysis

        15.5.1. By Country

        15.5.2. By Source

        15.5.3. By Application

16. Key Countries Market Analysis 2015-2021 and Forecast 2022-2032

    16.1. Introduction

        16.1.1. Market Value Proportion Analysis, By Key Countries

        16.1.2. Global Vs. Country Growth Comparison

    16.2. US Market Analysis

        16.2.1. Value Proportion Analysis by Market Taxonomy

        16.2.2. Value & Analysis and Forecast by Market Taxonomy, 2022-2032

            16.2.2.1. By Source

            16.2.2.2. By Application

    16.3. Canada Market Analysis

        16.3.1. Value Proportion Analysis by Market Taxonomy

        16.3.2. Value & Analysis and Forecast by Market Taxonomy, 2022-2032

            16.3.2.1. By Source

            16.3.2.2. By Application

    16.4. Mexico Market Analysis

        16.4.1. Value Proportion Analysis by Market Taxonomy

        16.4.2. Value & Analysis and Forecast by Market Taxonomy, 2022-2032

            16.4.2.1. By Source

            16.4.2.2. By Application

    16.5. Brazil Market Analysis

        16.5.1. Value Proportion Analysis by Market Taxonomy

        16.5.2. Value & Analysis and Forecast by Market Taxonomy, 2022-2032

            16.5.2.1. By Source

            16.5.2.2. By Application

    16.6. Germany Market Analysis

        16.6.1. Value Proportion Analysis by Market Taxonomy

        16.6.2. Value & Analysis and Forecast by Market Taxonomy, 2022-2032

            16.6.2.1. By Source

            16.6.2.2. By Application

    16.7. France Market Analysis

        16.7.1. Value Proportion Analysis by Market Taxonomy

        16.7.2. Value & Analysis and Forecast by Market Taxonomy, 2022-2032

            16.7.2.1. By Source

            16.7.2.2. By Application

    16.8. Italy Market Analysis

        16.8.1. Value Proportion Analysis by Market Taxonomy

        16.8.2. Value & Analysis and Forecast by Market Taxonomy, 2022-2032

            16.8.2.1. By Source

            16.8.2.2. By Application

    16.9. BENELUX Market Analysis

        16.9.1. Value Proportion Analysis by Market Taxonomy

        16.9.2. Value & Analysis and Forecast by Market Taxonomy, 2022-2032

            16.9.2.1. By Source

            16.9.2.2. By Application

    16.10. UK Market Analysis

        16.10.1. Value Proportion Analysis by Market Taxonomy

        16.10.2. Value & Analysis and Forecast by Market Taxonomy, 2022-2032

            16.10.2.1. By Source

            16.10.2.2. By Application

    16.11. Nordic Countries Market Analysis

        16.11.1. Value Proportion Analysis by Market Taxonomy

        16.11.2. Value & Analysis and Forecast by Market Taxonomy, 2022-2032

            16.11.2.1. By Source

            16.11.2.2. By Application

    16.12. China Market Analysis

        16.12.1. Value Proportion Analysis by Market Taxonomy

        16.12.2. Value & Analysis and Forecast by Market Taxonomy, 2022-2032

            16.12.2.1. By Source

            16.12.2.2. By Application

    16.13. Japan Market Analysis

        16.13.1. Value Proportion Analysis by Market Taxonomy

        16.13.2. Value & Analysis and Forecast by Market Taxonomy, 2022-2032

            16.13.2.1. By Source

            16.13.2.2. By Application

    16.14. South Korea Market Analysis

        16.14.1. Value Proportion Analysis by Market Taxonomy

        16.14.2. Value & Analysis and Forecast by Market Taxonomy, 2022-2032

            16.14.2.1. By Source

            16.14.2.2. By Application

    16.15. GCC Countries Market Analysis

        16.15.1. Value Proportion Analysis by Market Taxonomy

        16.15.2. Value & Analysis and Forecast by Market Taxonomy, 2022-2032

            16.15.2.1. By Source

            16.15.2.2. By Application

    16.16. South Africa Market Analysis

        16.16.1. Value Proportion Analysis by Market Taxonomy

        16.16.2. Value & Analysis and Forecast by Market Taxonomy, 2022-2032

            16.16.2.1. By Source

            16.16.2.2. By Application

    16.17. Turkey Market Analysis

        16.17.1. Value Proportion Analysis by Market Taxonomy

        16.17.2. Value & Analysis and Forecast by Market Taxonomy, 2022-2032

            16.17.2.1. By Source

            16.17.2.2. By Application

        16.17.3. Competition Landscape and Player Concentration in the Country

17. Market Structure Analysis

    17.1. Market Analysis by Tier of Companies 

    17.2. Market Concentration

    17.3. Market Share Analysis of Top Players

    17.4. Market Presence Analysis

        17.4.1. By Regional footprint of Players

        17.4.2. Product footprint by Players

18. Competition Analysis

    18.1. Competition Dashboard

    18.2. Competition Benchmarking

    18.3. Competition Deep Dive 

        18.3.1. Novozymes A/S

            18.3.1.1. Overview

            18.3.1.2. Product Portfolio

            18.3.1.3. Sales Footprint

            18.3.1.4. Strategy Overview

        18.3.2. Koninklijke DSM N.V.

            18.3.2.1. Overview

            18.3.2.2. Product Portfolio

            18.3.2.3. Sales Footprint

            18.3.2.4. Strategy Overview

        18.3.3. DuPont

            18.3.3.1. Overview

            18.3.3.2. Product Portfolio

            18.3.3.3. Sales Footprint

            18.3.3.4. Strategy Overview

        18.3.4. Specialty Enzymes

            18.3.4.1. Overview

            18.3.4.2. Product Portfolio

            18.3.4.3. Sales Footprint

            18.3.4.4. Strategy Overview

        18.3.5. Puratos Group N.V.

            18.3.5.1. Overview

            18.3.5.2. Product Portfolio

            18.3.5.3. Sales Footprint

            18.3.5.4. Strategy Overview

        18.3.6. Dyadic International, Inc.

            18.3.6.1. Overview

            18.3.6.2. Product Portfolio

            18.3.6.3. Sales Footprint

            18.3.6.4. Strategy Overview

        18.3.7. Enmex, S.A., DE C.V.

            18.3.7.1. Overview

            18.3.7.2. Product Portfolio

            18.3.7.3. Sales Footprint

            18.3.7.4. Strategy Overview

        18.3.8. AB Enzymes

            18.3.8.1. Overview

            18.3.8.2. Product Portfolio

            18.3.8.3. Sales Footprint

            18.3.8.4. Strategy Overview

        18.3.9. Jiangsu Boli Bio-Products Co.,Ltd.

            18.3.9.1. Overview

            18.3.9.2. Product Portfolio

            18.3.9.3. Sales Footprint

            18.3.9.4. Strategy Overview

19. Assumptions and Acronyms Used

20. Research Methodology

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