Market Overview:
The global cake enzyme market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for convenience foods and rising awareness about the health benefits of enzymes. Cake enzymes are used in the baking industry for various applications such as reducing starch content, improving dough handling properties, and enhancing crumb texture. Fungal alpha-amylases are the most commonly used type of cake enzyme and are mainly used for reducing starch content in cakes. Maltogenic alpha-amylases are also gaining popularity due to their ability to produce more maltose from starch than fungal alpha-amylases. The other segment includes proteolytic enzymes, lipolytic enzymes, oxidoreductases, and others (cellulase, pectinase). The supermarket segment is expected to dominate the global cake enzyme market during the forecast period owing to rising demand for convenience foods among consumers worldwide. In addition, supermarkets offer a wide variety of products with different flavors and textures that cater to different needs of consumers which is driving its growth in this segment.
Product Definition:
A cake enzyme is a type of enzyme that is used in the baking process. It helps to create a light and fluffy texture in cakes, and it also helps to improve the flavor and color. Cake enzymes are important because they help to produce a high-quality cake product.
Fungal Alpha–amylases:
Fungal alpha-amylases are enzymes that hydrolyze the first and second bond of a starch molecule, making it possible to break down complex carbohydrates into simple sugars. Fungal alpha-amylases are used in the processing of cakes, cookies, pie fillings, bread fillings and other bakery products for their soft texture. It is also used as an ingredient in ice creams to enhance their flavor.
Maltogenic Alpha-amylases:
Maltogenic alpha-amylases is an enzyme that catalyzes the hydrolysis of starch to maltose and glucose. It is primarily used in beer brewing for the conversion of maltose or dextrose into sweet wort, which can later be fermented by yeast. Maltogenic alpha-amylases are also used as a flavor enhancer in various food products such as bakery items, meat products, dairy items and processed fruits & vegetables among others.
Application Insights:
Supermarket was the largest application segment in the global cake enzyme market, accounting for a share of over 60.0% in 2017. The product is widely used by bakery and confectionery manufacturers to improve the quality of baked products as well as to extend their shelf life. Rising demand for convenience foods owing to hectic lifestyle coupled with increasing disposable income levels among consumers is expected to drive the growth of convenience store industry, which will subsequently propel demand for bakery and confectionery products manufactured using enzyme-based additives during the forecast period.
The online store segment is projected register a significant CAGR from 2018 to 2030 on account of growing e-commerce industry across various regions including Asia Pacific, North America and Europe which provides an opportunity for suppliers offering high quality cakes flavored using natural ingredients such as fruits, chocolate bars or cookies that contain no artificial colors or flavors at low costs than traditional brick-and-mortar stores do.
Regional Analysis:
North America dominated the global cake enzyme market in terms of revenue with a share of over 40.0% in 2017. This is attributed to the presence of several key players such as Cargill, Inc.; Continental AG; and enzymes from Danone S.A., which are engaged in extensive R&D activities for development of novel enzymes to cater to growing needs and demands from various end-use industries across North America region.
Asia Pacific is expected to witness significant growth during the forecast period owing to increasing awareness regarding health benefits associated with bakery products coupled with rising disposable income levels among consumers especially millennials has resulted into increased demand for bakery products thus driving industry growth over the forecast period. Moreover, increasing foreign direct investments by major multinational companies such as PepsiCo Inc.; The Coca Cola Company; Kellogg’s Co., Ltd.; General Mills, Inc.; Mars Wrigley International LLC; and Nestl© S.
Growth Factors:
- Increasing demand for natural and organic products
- Rising awareness about the health benefits of Cake Enzyme
- Growing popularity of bakery items among the health-conscious consumers
- Proliferation of online platforms that offer Cake Enzyme products at competitive prices
- Continuous innovation in Cake Enzyme formulations to cater to the evolving needs of consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Cake Enzyme Market Research Report
By Type
Fungal Alpha–amylases, Maltogenic Alpha-amylases, Others
By Application
Supermarket, Convenience Store, Online Store
By Companies
DSM, Novozymes, DuPont, Advanced Enzymes, Wittington Investments, Amano Enzymes, Stern Enzyme, Dyadic International
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
175
Number of Tables & Figures
123
Customization Available
Yes, the report can be customized as per your need.
Global Cake Enzyme Market Report Segments:
The global Cake Enzyme market is segmented on the basis of:
Types
Fungal Alpha–amylases, Maltogenic Alpha-amylases, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Supermarket, Convenience Store, Online Store
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- DSM
- Novozymes
- DuPont
- Advanced Enzymes
- Wittington Investments
- Amano Enzymes
- Stern Enzyme
- Dyadic International
Highlights of The Cake Enzyme Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Fungal Alpha–amylases
- Maltogenic Alpha-amylases
- Others
- By Application:
- Supermarket
- Convenience Store
- Online Store
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cake Enzyme Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cake enzyme is a type of enzyme that helps to break down the sugar in cake so that it can be absorbed by the body. This helps to reduce the risk of diabetes and other health problems related to high blood sugar levels.
Some of the key players operating in the cake enzyme market are DSM, Novozymes, DuPont, Advanced Enzymes, Wittington Investments, Amano Enzymes, Stern Enzyme, Dyadic International.
The cake enzyme market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cake Enzyme Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cake Enzyme Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cake Enzyme Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cake Enzyme Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cake Enzyme Market Size & Forecast, 2020-2028
4.5.1 Cake Enzyme Market Size and Y-o-Y Growth
4.5.2 Cake Enzyme Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Fungal Alpha–amylases
5.2.2 Maltogenic Alpha-amylases
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Supermarket
6.2.2 Convenience Store
6.2.3 Online Store
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cake Enzyme Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cake Enzyme Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Fungal Alpha–amylases
9.6.2 Maltogenic Alpha-amylases
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Supermarket
9.10.2 Convenience Store
9.10.3 Online Store
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Fungal Alpha–amylases
10.6.2 Maltogenic Alpha-amylases
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Supermarket
10.10.2 Convenience Store
10.10.3 Online Store
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Fungal Alpha–amylases
11.6.2 Maltogenic Alpha-amylases
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Supermarket
11.10.2 Convenience Store
11.10.3 Online Store
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Fungal Alpha–amylases
12.6.2 Maltogenic Alpha-amylases
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Supermarket
12.10.2 Convenience Store
12.10.3 Online Store
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Fungal Alpha–amylases
13.6.2 Maltogenic Alpha-amylases
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Supermarket
13.10.2 Convenience Store
13.10.3 Online Store
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cake Enzyme Market: Competitive Dashboard
14.2 Global Cake Enzyme Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DSM
14.3.2 Novozymes
14.3.3 DuPont
14.3.4 Advanced Enzymes
14.3.5 Wittington Investments
14.3.6 Amano Enzymes
14.3.7 Stern Enzyme
14.3.8 Dyadic International
