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United Kingdom Food Enzymes Market is segmented by Application as Bakery, Confectionery, Dairy and Frozen Desserts, Meat Poultry and Sea Food Products, Beverages, and Others
The United Kingdom food enzymes market is projected to witness a CAGR of 3.76 % during the forecast period (2020 - 2025).
United Kingdom Food Enzymes market is segmented by application as bakery, confectionery, dairy and frozen desserts, meat poultry and sea food products, beverages, and others
|Dairy and Frozen Desserts|
|Meat Poultry and Sea Food Products|
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The UK Bakery market is worth billions of the dollar and is a large sector of the United Kingdom food industry (as per the data provided by The Federation of Bakers). Total volume at present is approximately just under 4 billion units; the equivalent of almost 11 million loaves and packs sold every single day. Since enzymes are natural proteins that act as catalysts for biochemical reactions, providing a wide range of quality improvements in baked goods, therefore the enzymes market in the United Kingdom is expected to grow during the forecast period, as the bakery has always been a prominent sector in the country and will continue to do so during the forecast period.
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Companies such as Koninklijke DSM N.V., DuPont are aiding bakers and food manufactures by providing those enzymes that produce bread with supreme resilience, delayed staling, more softness during shelf life and proven sensory benefits (e.g. even after 7 days, bread has a softer crumb and is more moisty). By extending the shelf life of bread, multiple benefit enzymes also support industry players in actively reducing food waste. Moreover, these enzymes solution particularly increases the foldability in baked products like tortilla wraps, preventing cracking at folding points. This enables producers to achieve a stronger product appeal for consumers and improve process efficiency for manufacturers.
For instance, by simply adding natural processing aids like BakeZyme® (by Koninklijke DSM N.V.) to the baking mix, manufactures can achieve more gluten-free as well as tolerant, stable, elastic and less sticky dough which is easier and faster to handle.
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United Kingdom Food Enzymes market is a competitive market, which includes players such as Kerry Inc., Associated British Foods plc, Koninklijke DSM N.V., DuPont and Other. Active companies involved in new product development, expansion, and acquisition, to sustain with the market competition. The United Kingdom has well-established brands for mainstream products. The enzymes companies, such as ABF Ingredients and DuPont, are seeking to take advantage of the increasing consumer demand for healthier food and beverages products in the country, thereby introducing more products in the country.
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Porter's Five Forces Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 By Application
5.1.3 Dairy and Frozen Desserts
5.1.4 Meat Poultry and Sea Food Products
6. COMPETITIVE LANDSCAPE
6.1 Most Adopted Strategies
6.2 Market Position Analysis
6.3 Company Profiles
6.3.1 Kerry Inc.
6.3.3 Koninklijke DSM N.V.
6.3.4 Amano Enzyme Inc.
6.3.5 Chr. Hansen Holding A/S
6.3.6 Associated British Foods plc
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject to Availability