Global Amylase Market 2018-2022
About this market
The growing demand for processed foods has been one of the key driving factor in the market due to change in consumer behavior and the growth of the processed- food industry. The high demand for convenience foods and fast food exerts a positive influence on the requirement for food enzyme that include amylase. Further, the demand for processed food also helps to boost the industries such as industry and agriculture. Such factors, will boost the consumption of amylase required in processed foods. Technavio’s market research analysts have predicted that the amylase market will register a CAGR of more than 5% by 2022
Growing consumption of amylase in beverages
The production of alcoholic and non- alcoholic beverages requires enzymes such as amylase. The development of advanced fruit juice processing technique and the acceptance of packaged fruit juices will propel demand for the market.
Emulsifiers as substitutes
Producers of bread, biscuits, cakes, confectionary and diary products may turn to the use of emulsifiers as they are economical and have multiple functions.
For the detailed list of factors that will drive and challenge the growth of the amylase market during the 2018-2022, view our report.
The amylase market is concentrated with a few international companies. The market is currently in its growth phase and expected to be slightly concentrated by 2022. The demand for processed food will boost the consumption of amylase which is required in processed foods. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.
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