(Food-Beverage-News.Com, December 03, 2018 ) Middle East and Africa Baking Enzymes Market Overview
Enzymes are biological compounds, usually proteins, which expedite the conversion of one substance into another. Their presence accelerates the rate of a chemical reaction and they are often specific and act upon only one substrate, or catalyze only one kind of reaction, in different, but related, substrates. Enzymes are most commonly used in baking. For decades, enzymes such as malt and fungal alpha-amylases have been used in bread-making. The dough for bread, rolls, buns and similar products consists of flour, water, yeast, salt and possibly other ingredients such as sugar and fat.
The universally trending 'health and wellness' factor among consumers will also continue to stimulate the demand for bakery enzymes in this region. With the increase in stringent regulations enforced by the governments of numerous countries for clean label and eco-friendly products, the demand for bakery enzymes is expected to get a substantial response in the years to come. The approval of bakery enzymes to be used is intended to close the gap between end-use companies and bakery enzyme producers to impeccably accept various formulations perfect for a variety of applications.
Middle East and Africa Baking Enzymes Market Forecast Report (2018-2023)
The Middle East and Africa Baking Enzymes market size was around USD 44.73 billion in 2018. It is expected to grow at a CAGR of 8.41% to reach USD 67.01 billion by 2023.
The Middle East and Africa Baking Enzymes Market Segmentation
The Middle East and Africa Baking Enzymes market is segmented based on Application and Type. By type, the market is segmented into Carbohydrase, Protease, Lipase and Others. By application, the market is categorized into Bread, Biscuits & Cookies, Cakes and Pastry.
Geographically, Middle-East and Africa market for Baking Enzymes is segmented into Middle-East region and Africa region. These regions are estimated to achieve highest gains in the near future. Due to increasing penetration of global companies into the untapped markets of this region, there is a wide range of opportunities for a growth in demand in this region.
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