Alpha Amylase Cooking Enzyme Market to Reach US$450.00 Million by 2030, According to Insights Reports

The global alpha-amylase baking enzymes market is expected to register a CAGR of 3.9% during the period 2023-2030, fueled by increasing consumption of bakery products, major participants are Novozymes A/S, Jiangsu Boli Bioproducts Co., Ltd., AB Enzymes GmbH, Aumgene Biosciences, Noor Enzymes Pvt Ltd, Maps Enzymes Ltd., Merck KGaA, Aumenzymes, Creative Enzymes., Sunson Industry Group Co., Ltd and Amano Enzyme Inc, and others

New York, May 26, 2023 (GLOBE NEWSWIRE) — According to the research report published by Reports Insights, the Global Alpha Amylase Cooking Enzymes Market achieved a valuation of USD 330.00 million in 2022 and should exceed USD 450.00 million by 2030showing a steady growth rate (CAGR) 3.9%. This market growth can be attributed to the rising demand for alpha-amylase cooking enzymes in the food and beverage industry, driven by factors such as changing consumer preferences, rising disposable income, and need to improve product quality.

Major Market Highlights

• The market is geographically divided into five regions: Europe, Latin America, Asia-Pacific, North America, Middle East and Africa.

• Europe is expected to offer a substantial share in terms of revenue to the market owing to the well-established bakery industry

• Globally, alpha-amylase cooking enzymes are divided based on source into fungi, bacteria, plants, animals, and others.

• In the context of Type, the market is segregated into fungal alpha-amylase, bacterial alpha-amylase, maltogenic amylase and others.

• Based on applications, the market is categorized into starch syrups, cereals, anti-staling agents, bread, cookies, pasta, and others.

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Alpha-amylase is a starch-cleaving enzyme used in the baking industry. Enzymes are generally produced by Aspergillus oryzae which is a fungus. These enzymes can accelerate or initiate the rate of various biochemical reactions without changing. Alpha-amylase baking enzymes provide freshness and extended shelf life to baked goods. In addition to improving the quality and performance of baked goods, alpha-amylase baking enzymes also provide several other benefits to bakers. For example, they help reduce mixing and fermentation times, which translates into increased productivity and reduced costs.

The story continues

Growing demand for high-quality bakery products with consistent texture, flavor, and appearance is expected to drive the alpha-amylase baking enzyme market. Baked goods are in great demand due to their convenience and affordability.

Additionally, with the increase in urbanization and hectic lifestyles, consumers are increasingly looking for quick, easy and convenient food options which is contributing to the growth of the alpha-amylase cooking enzymes market. Additionally, the growing adoption of gluten-free and organic-based bakery products is expected to be a significant opportunity for the market. For example, according to a report published by Statista, the market for gluten-free foods is expected to reach USD 14 billion by 2032. Hence, the growing concern over the consumption of healthy foods is expected to provide a lucrative opportunity for the market.

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Global Alpha Amylase Cooking Enzyme Market Segmentation Details:

Based on Source, the bacteria segment held the highest market share in the alpha-amylase cooking enzymes market. Bacteria are used in large quantities to produce these enzymes, as bacteria-based enzymes provide more stability and optimal temperature and pH conditions. For example, according to the report published by UK Flour Millers, in the UK nearly 11 billion loaves of bread are sold every day while 99.8% of households buy pieces of bread every day. Hence, the increasing use of bacteria-based enzymes to produce baked goods such as bread and cookies has helped the market grow.

Based on type, the maltogenic amylase segment is expected to register the fastest growing CAGR. The enzyme helps break down starch and converts it to maltose, which positively impacts bread texture. Maltogenic amylase retards starch retrogradation and provides a soft bread texture with increased shelf life. Hence, the aforementioned factors are expected to drive the growth of the market over the forecast period.

Based on demandTHE The bread segment accounted for the highest market share in 2022. Baked goods are a popular choice owing to their supposed health benefits and vibrant appearance. Rising demand for convenience foods and bakery products due to fast pace of life has contributed to the growth of bread segment in alpha-amylase baking enzymes market.

Based on region, Asia-Pacific is expected to register the fastest growing CAGR over the forecast period. The growing trend for gluten-free and Western-style enzymes in baked goods, including croissants, is expected to boost alpha-amylase baking enzyme products. For example, according to a report published by Statista, the production volume of bread and bakery products by 2027 is estimated at 533.10 billion kilograms. Hence, the growing consumption of bakery products such as bread, cakes, and others is expected to drive the market over the forecast period.

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RECENT DEVELOPMENTS

• In November 2022, Amano Enzyme, Inc established a new Europe, Middle East and Africa (EMEA) hub in Oxfordshire, UK, located in Milton Park. The company will occupy laboratory and office space at 25 Western Avenue due to its growing customer base.

• In September 2020, DSM’s BakeZyme Master and BakeZyme Fresh XL cooking enzymes were honored with the Ringier Technology Innovation Award, in the Food and Beverage Ingredients category, recognizing their excellence and innovation in the industry.

List of Global Alpha Amylase Cooking Enzyme Market Key Players

The market research report examines various market factors to determine the key drivers, limitations, and opportunities affecting market players. The report includes SWOT analysis, regional analysis and segment analysis to give a comprehensive view of the market situation. This assessment helps identify possible growth opportunities through technology implementation, product usage, business strategies, and new product launches. Following are key market players operating in the market environment –

Global Alpha Amylase Cooking Enzyme Market Segmentation:

• By origin

  • Mushrooms

  • bacteria

  • Plants

  • Animals

  • Others

    • unicellular eukaryotes

    • Archaea

• By type

  • Fungal alpha-amylase

  • Bacterial alpha-amylase

  • maltogenic amylase

  • Others

• By request

  • starch syrups

  • Cereals

  • Anti-staling agents

  • Bread

  • Cookies

  • Pasta

  • Others

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