“The food enzymes market size was valued at $1,944.8 million in 2018 and is expected to reach $3,056.9 million by 2025, registering a CAGR of 5.6% from 2019 to 2026.”
Food enzymes are complex ingredients, which act as catalyzers and are extensively used for increasing diversity, variety, and quality during the processing of food. Food enzymes are often used for food processing owing to its multiple benefits, which include enhancement of texture, flavor & fragrance, preservation, coagulation, and tenderization.
The market is expected to experience growth during the forecast period owing to the expansion of the food and beverage industry, diversification in the extraction process, and rise in trend of cold-adapted enzymes. At the same time, the sector is facing challenges driven by certain food enzyme allergies, limited shelf life, and high sensitivity of food enzymes toward temperature and pH. Developments in protein and genetic engineering result in improvement of the economy, specificity, stability, and the overall application potential of food enzymes. Food enzymes find application on a plethora of platforms such as starch modification, sweetener production, sugar processing, baking, flour supplementation, dough conditioning, cheesemaking, brewing, flavor enhancement, meat tenderizing, and juice processing to name few.
The global food enzymes market is segmented based on type, application, source, and region. Based on type, the food enzyme market is segmented into carbohydrase, lipase, protease, others. Based on the application, the market is divided into bakery products, beverages, dairy products, and others. Based on the source, the market is analyzed across microorganisms, plants, and animals. Based on the region, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.
Key players profiled in the report include Associated British Foods Plc. (ABF), Advanced Enzyme Technologies, Amano Enzyme Co., Ltd., BASF, Chr. Hansen Holding A/S, DowDuPont, Kerry Group PLC, Novozymes, Royal DSM N.V., and Aum Enzymes.
KEY BENEFITS FOR STAKEHOLDERS
• The report provides an extensive analysis of the current and emerging market trends and opportunities in the global food enzyme market.
• The report provides a detailed qualitative and quantitative analysis of current trends and future estimations that help evaluate the prevailing market opportunities.
• A comprehensive analysis of the factors that drive and restrict the growth of the market is provided.
• An extensive analysis of the market is conducted by following key product positioning and monitoring the top competitors within the market framework.
• The report provides extensive qualitative insights on the potential and niche segments or regions exhibiting favorable growth.
Global Food Enzymes Market Segments
• Bakery Products
• Dairy Products
• North America
o Rest of Europe
o Rest of Asia-Pacific
• Middle East & Africa
o South Africa
o Middle East
o Rest of LAMEA
Key Market Players Profiled in the Report
• Associated British Foods Plc. (ABF)
• Advanced Enzyme Technologies
• Amano Enzyme Co., Ltd.
• Chr. Hansen Holding A/S
• Kerry Group PLC
• Royal DSM N.V.
• Aum Enzymes
To request a sample copy or view summary of this report, click the link below:
About Digits N Markets:
Digits N Markets has a vast repository of latest market research reports on trending topics, niche company profiles, market size and other relevant data released by renowned publishers. We have access to the database related to niche markets and trending topics in various industries. We also update the data regularly to provide recent statistics to the client. Recent data and reports will be featured on our websites and clients will be able to access the same. Our clients will be able to benefit from qualitative & quantitative insights in the report which will support them in taking concrete business decisions.