The Global Food Enzymes Market report Overview:
“The global Food Enzymes Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”
The Global Food Enzymes Market report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027.
The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global food enzymes market report has been segmented on the basis of type, source, application, and region.
This report is based on the synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market.
In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Enzymes are natural proteins produced in tiny quantities by all living organisms (bacteria, plants, and animals). Enzymes are used in food processing for several purposes such as to improve nutritive value, to produce desirable flavors and aromas, and primarily to enhance food texture and appearance, and extend shelf life.
Food enzymes are biocatalysts, sourced from animals, plants, or micro-organisms utilized to alter the speed of biochemical reactions in the food & beverages. It has a wide range of applications in meat processing, alcoholic beverages, dairy industries, and the manufacturing of pre-digested foods. These food enzymes are also utilized as natural fermentation agents for various specialty foods and amino acids.
Rising demand for packaged and processed food, increasing need for food waste reduction and food security, rising customer awareness of nutrition-rich diet, increasing penetration of organized retail channels in rural and urban areas, and introduction of innovative technologies are major factors driving growth of the global food enzymes market.
However, factors such as counterfeiting of food packaging, high costs of R&D, and inconsistent and unclear regulatory processes are restraining the growth of the global food enzymes market.
Target audience for the global food enzymes market include industry associations, food enzymes producers, food enzymes traders, food enzymes suppliers, and food enzymes distributors, government and research organizations, industrial and association bodies, raw material suppliers, distributors, and others.
North America food enzymes market is estimated to account for major share in terms of revenue in 2017, and is projected to maintain its dominance over the forecast period, owing to increasing demand for food enzymes from food industry in this region.
Asia Pacific food enzymes market is projected to register fastest growth in terms of revenue in next five years, owing to increasing awareness about nutrition-fortified food products and increasing consumption of ready to eat foods.
Global Food Enzymes Market Segmentation:
Segmentation by type:
- Other carbohydrase
- Others (isomerases and transferases)
Segmentation by source:
Segmentation by application:
- Processed food
- Others (fish, meat, and poultry tenderizing)
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- I. du Pont de Nemours and Company
- Koninklijke DSM N.V.
- Hansen Holding A/S
- Nagase ChemteX Corporation
- AB Enzymes
- Amano Enzyme Inc.
- Kimberlite Softwares Pvt. Ltd.
- Specialty Enzymes
- Advanced Enzymes Technologies Limited
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