Food Enzymes Market By Type (Carbohydrase, Lipase, Protease, Others), By Application (Bakery Products, Beverages, Dairy Products, Others), By Source (Microorganisms, Animals, Plants), : Global Opportunity Analysis and Industry Forecast, 2020-2031
Food enzymes are complex ingredients, which act as catalyzers and are extensively used for increasing the diversity, variety, and quality during processing of food. Food enzymes are often used for food processing owing to its multiple benefits, which includes enhancement of texture, flavor & fragrance, preservation, coagulation, and tenderization. The global market for food enzymes has experienced a rise in innovation in recent years. The development of technology like cold–adapted Enzymes has changed the market's growth trajectory. As a result of novel enzyme discoveries, food enzymes that act at very low temperatures, as well as enzymes, have been discovered.
The market is expected to experience growth during the forecast period owing to the expansion of the food and beverage industry, diversification in 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 economy, specificity, stability, and the overall application potential of food enzymes. Food enzymes find application on plethora of platforms, such as starch modification, sweetener production, sugar processing, baking, flour supplementation, dough conditioning, cheese making, brewing, flavor enhancement, meat tenderizing, and juice processing to name few.
The food enzymes industry is segmented on the basis of type, application, and material. On the basis of type, the food enzyme market is classified into carbohydrase, lipase, protease, and others. On the basis of application, the market is divided into bakery products, beverages, dairy products, and others. On the basis of source, the market is analyzed across microorganisms, plants, and animals. On the basis of 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 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.
Key Market Segments
Rest of Europe
Rest of Asia-Pacific
Rest of LAMEA
Key Market Players
Associated British Foods Plc.
Advanced Enzyme Technologies
Amano Enzyme Co., Ltd
Chr. Hansen Holding A/S
Kerry Group PLC
Royal DSM N.V
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