Asia-Pacific Baking Enzymes Market is Expected to Reach $147.8 Million in 2018 - New Report by MicroMarket Monitor
(PRWEB) August 13, 2014 -- The Asia-Pacific Baking enzymes market report defines and segments the Baking enzymes market in Asia-Pacific with analysis and forecast of revenue. The Baking enzymes market in Asia-Pacific is estimated to grow from around $92.6 million in 2012 to $147.8 million by 2018, at a CAGR of 9.4%, for the given period.
Browse through the TOC of the Asia-Pacific Baking enzymes market report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation in the Asia-Pacific Baking enzymes market, and is supported by various tables and figures.
http://www.micromarketmonitor.com/market/asia-pacific-baking-enzymes-6141084503.html
Asia-Pacific is the fastest growing region for baking enzymes market. This market is dominated by carbohydrase in terms of value and volume. The baking enzymes market in APAC is driven by increasing awareness, huge market potential for existing products, and unexplored application segments. More than two-thirds of the baking enzymes market in Asia-Pacific is import dominated by multinational enzyme suppliers. The baking enzymes market in Asia-Pacific is also driven by increased internal demand and wider scope for enzyme applications in the baking sector.
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Asia-Pacific is the major market, wherein China holds a maximum share in the Baking enzymes market. China is the biggest market in Asia-Pacific, and as of 2013, contributed a major share of around 49.8% in the Baking enzymes market. In Asia-Pacific Baking enzymes market there are five major players: Novozymes (Denmark), AB Enzymes (Germany), DuPont (U.S.A.), Royal DSM (Netherlands), Amano Enzymes (Germany) and Others. Novozymes is the major player with a share of 32% followed by AB Enzymes with a share of 27%.
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The Baking enzymes market is segmented and projected on the basis of application which is bread, biscuits & cookies, cakes & pastries and others. Bread is the most preferred application of Baking enzymes. The market is further segmented and forecasted on the basis of major countries, such as China, Japan, India and others.
This report also comprises of market share, supply chain and value chain analyses, and market metrics such as drivers and restraints. In addition, it also presents a country-level competitive landscape and company profiles of key players such as Novozymes (Denmark), AB Enzymes (Germany), DuPont (U.S.A.) and others.
Related Reports:
North America Baking Enzymes Market
The North American baking enzymes' market was valued at $145.0 million in 2013, to grow at a CAGR of 7.9% and reach $221.6 million by the end of 2018. It constitutes 34.5% of the global market.Baking enzymes are segmented into carbohydrase, protease, lipase, and others, constituting 77.5%, 6.5 %, 1.3%, and 14.7% respectively of the global baking enzymes market. This market is segmented and studied on the basis of ingredients and regions.
http://www.micromarketmonitor.com/market/north-america-baking-enzymes-7642725658.html
Europe Baking Enzymes Market
The European baking enzymes' market was valued at $120.4 million in 2013, to grow at a CAGR of 7.6% and reach $178.6 million by the end of 2018. It constitutes 27.8% of the global market. Detailed analysis of other baking enzymes types such as asparaginase, transglutaminase, lipoxygenase, glucose oxidase, along with the amount of its usage in application patterns.Food safety and cost benefits of baking enzymes over emulsifiers.Country-wise study of the launch of new baking enzymes used by baked goods manufacturers.
http://www.micromarketmonitor.com/market/europe-baking-enzymes-5447470830.html
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