A recent report published by Infinium Global Research on food enzymes market provides in-depth analysis of segments and sub-segments in the global as well as regional food enzymes market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional food enzymes market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global food enzymes market. According to the report, the global food enzymes market is projected to grow at a CAGR of 7.5% over the forecast period of 2019-2025.
Enzymes are proteins that act as a catalyst for the biochemical reactions and metabolic activities in the body. Enzymes help in digestion, muscle contraction and elimination of waste in the body. The food enzymes are extracted from animals, plants or by fermentation process involving microorganisms. Modern commercial food enzyme production involves breeding of optimized microorganisms and advanced biotechnology techniques for genetical modification of organisms for obtaining enzymes with desired characteristics. Alpha-amylase, glucoamylase, beta-glucanase, lipase, papin, chymosin, microbial proteases, pectinase, lactase, cellulose, glucose oxidase, and some others are major food enzymes. In food industry enzymes are used to breaking down glucose, converting starch to other forms, enhancing flavor and reducing ripening time of cheese, tendering meat, curdling the milk, processing animal and plant protein, processing fruit pulps, additive to dairy products, converting cellulose waste to fermenting feedstock and many others.
The increasing awareness about the nutritional benefits of enzymes in processed food and expansion of the retail networks globally are increasing consumption of processed food that in turn drives the growth of the global food enzymes market. The increasing demand from the bakery, confectionary and dairy products are expected to boost the growth of food enzymes market as enzymes find many applications in the processing of these products. The increasing consumption of alcoholic and non-alcoholic beverages coupled with an increase in demand for enzymes for the fermentation process in the food and beverages industry and it is expected to fuel the growth of the food enzymes market. Technological innovations related to enzymes based food processing is anticipated to propel the growth of global food enzymes market, as it will make processes cost effective and reduce the duration of the process. Counterfeiting practices related to packaging, issues in the brewing industry, stringent regulations regarding enzymes in some countries, unclear regulatory frameworks in some countries, high costs related to research and development are the major restraints in the global food enzymes market. The emergence of applications for enzymes in nutraceutical products is expected to provide opportunities for the major players in the global food enzymes market.
Among geographies, North America dominated the food enzymes
market followed by Europe and Asia-Pacific. In the North America region owing
to increasing consumption of meat products, cereals, and other processed food
products drives the demand for food enzymes market. Europe region is anticipated to attain
moderate growth due to the strict European union regulations related to
enzymes. However, the increasing demand for processed foods is expected to
drive the growth of food enzymes market in the Europe region. In the Asia-Pacific
region, increasing demand for processed foods in populous countries, such as
China and India, due to the change in lifestyle and food preferences involving
western food delicacies drives the demand for food enzymes market.
The report on global food enzymes market covers segments such as type, source, and application. On the basis of type, the sub-markets include carbohydrase, lipase, protease, and other types. On the basis of source, the sub-markets include animals, plants, and microorganisms. On the basis of application, the sub-markets include bakery, confectionery, dairy, food& beverages, and other applications.
The report provides profiles of the companies in the market such as Puratos Group N.V., Novozymes A/S, AB Enzymes GmbH, Advanced Enzymes Technologies Ltd., Amano Enzyme Inc., Associated British Foods Plc, AUM Enzymes, Dyadic International Inc., Jiangsu Boli Bioproducts Co. Ltd, Koninklijke DSM N.V., and Other companies.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as porter's five forces analysis and DRO analysis of food enzymes market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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