Apple Juice Processing Enzymes Market by Types (Single Preparation and Compound Preparation), Applications (Fresh, Concentrate, and Others), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021–2028
The global apple juice processing enzymes market was valued to USD 12.65 billion in 2020 and is expected to expand at a CAGR of 3.6% during the forecast period 2021-2028. Changing lifestyle coupled with increasing awareness towards health benefit of apple juice and its beverage products are the major factors driving the market growth.
Apple juice is one of the most popular beverages widely consumed across the globe. It contains a variety of vitamins and minerals that offer several health benefits. Moreover, the regular consumption of the juice can be beneficial in tackling health various conditions such as relief from respiratory problems, balancing cholesterol level, and weight loss. Apple juice processing enzymes involves preparation of the fruit juice made by the maceration and pressing of an apple, which are further filtered by enzymatic process. Using the process helps to extract a large quantity of apple juice that, in turns, removing the problems associated with the complex and costly processing equipment.
Market Drivers, Restraints, Trends, and Opportunities
- Apple juice offers several health advantages such as protection of bones during menopause, relief from resparetly disorder, preventing Alzheimer’s disease, reducing the risk of various cancers. This is expected to boost the market.
- Rising demand for the apple juice since it helps skin glow and other beneficial for aesthetic factors is expected to grow the market.
- The COVID-19 pandemic and its impact had a major factor in the market growth. People are becoming aware of foods and beverage products that can boost the immune system due to harsh impact of the pandemic. This is projected to propel demand for the apple juice, thereby, helping the market expansion.
- Processed apple juice using enzymes normally have low shelf-life, which acts as a major challenge that can hinder the market growth.
- Wide availability of a variety of apple juice products and growing online sales for beverage products are present key opportunities for market growth.
Scope of the Report
The report on the global apple juice processing enzymes market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes |
Details |
Report Title |
Apple Juice Processing Enzymes Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2020 |
Historic Data |
2018–2019 |
Forecast Period |
2021–2028 |
Segmentation |
Types (Single Preparation and Compound Preparation), Applications (Fresh, Concentrate, and Others) |
Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players Covered in the Report |
AB Enzymes, DuPont, Novozymes, Amano Enzyme, DSM, Infinita Biotech, BIO-CAT, and Advanced Enzymes |
Apple Juice Processing Enzymes Market Segment Insights
In terms of types, the market is divided into single preparation and compound preparation. The compound preparation segment is expected to account for a large market share in the coming years due to increase demand for the compound enzyme preparation solution. Meanwhile, the single preparation segment is projected to witness a substantial growth rate during the forecast period owing to the wide adoption of the apple processing preparation.
Based on applications, the global apple juice processing enzymes market is categorized as fresh, concentrate, and others. The fresh segment dominated the market in 2020 and is projected to witness significant growth during the forecast period owing to rising adoption of the processing method for fresh apple juice preparation. Increasing consumer knowledge regarding the advantages of the fresh fruit is another key factor boosting the segment. On the other hand, the concentrate segment is projected to account for a major share of the market in the coming years due to wide adoption of the process for preparing concentrated juice and its related products.
In terms of regions, the market is broadly classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market in Asia Pacific is anticipated to hold a major share during the forecast period owing to rising number of health-conscious people and increasing disposable income of a large section of the population in the region.
2. Assumptions and Acronyms Used
3. Research Methodology
4. Apple Juice Processing Enzymes Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Apple Juice Processing Enzymes Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Apple Juice Processing Enzymes Market - Supply Chain
4.5. Global Apple Juice Processing Enzymes Market Forecast
4.5.1. Apple Juice Processing Enzymes Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Apple Juice Processing Enzymes Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Apple Juice Processing Enzymes Market Absolute $ Opportunity
5. Global Apple Juice Processing Enzymes Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Apple Juice Processing Enzymes Market Size and Volume Forecast by Types
5.3.1. Single Preparation
5.3.2. Compound Preparation
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Apple Juice Processing Enzymes Market Analysis and Forecast by Applications
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Applications
6.2.2. Y-o-Y Growth Projections by Applications
6.3. Apple Juice Processing Enzymes Market Size and Volume Forecast by Applications
6.3.1. Fresh
6.3.2. Concentrate
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Applications
6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Apple Juice Processing Enzymes Market Analysis and Forecast by Region
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Region
7.2.2. Y-o-Y Growth Projections by Region
7.3. Apple Juice Processing Enzymes Market Size and Volume Forecast by Region
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. Middle East and Africa (MEA)
7.4. Absolute $ Opportunity Assessment by Region
7.5. Market Attractiveness/Growth Potential Analysis by Region
7.6. Global Apple Juice Processing Enzymes Demand Share Forecast, 2019-2026
8. North America Apple Juice Processing Enzymes Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.2. North America Apple Juice Processing Enzymes Market Size and Volume Forecast by Country
8.2.1. U.S.
8.2.2. Canada
8.3. Absolute $ Opportunity Assessment by Country
8.4. North America Apple Juice Processing Enzymes Market Size and Volume Forecast by Types
8.4.1. Single Preparation
8.4.2. Compound Preparation
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. North America Apple Juice Processing Enzymes Market Size and Volume Forecast by Applications
8.7.1. Fresh
8.7.2. Concentrate
8.7.3. Others
8.8. Basis Point Share (BPS) Analysis by Applications
8.9. Y-o-Y Growth Projections by Applications
8.10. Market Attractiveness/Growth Potential Analysis
8.10.1. By Country
8.10.2. By Product Type
8.10.3. By Application
8.11. North America Apple Juice Processing Enzymes Demand Share Forecast, 2019-2026
9. Latin America Apple Juice Processing Enzymes Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Latin America Average Pricing Analysis
9.2. Latin America Apple Juice Processing Enzymes Market Size and Volume Forecast by Country
9.2.1. Brazil
9.2.2. Mexico
9.2.3. Rest of Latin America
9.3. Absolute $ Opportunity Assessment by Country
9.4. Latin America Apple Juice Processing Enzymes Market Size and Volume Forecast by Types
9.4.1. Single Preparation
9.4.2. Compound Preparation
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Latin America Apple Juice Processing Enzymes Market Size and Volume Forecast by Applications
9.7.1. Fresh
9.7.2. Concentrate
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Applications
9.9. Y-o-Y Growth Projections by Applications
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.11. Latin America Apple Juice Processing Enzymes Demand Share Forecast, 2019-2026
10. Europe Apple Juice Processing Enzymes Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Europe Average Pricing Analysis
10.2. Europe Apple Juice Processing Enzymes Market Size and Volume Forecast by Country
10.2.1. Germany
10.2.2. France
10.2.3. Italy
10.2.4. U.K.
10.2.5. Spain
10.2.6. Russia
10.2.7. Rest of Europe
10.3. Absolute $ Opportunity Assessment by Country
10.4. Europe Apple Juice Processing Enzymes Market Size and Volume Forecast by Types
10.4.1. Single Preparation
10.4.2. Compound Preparation
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Europe Apple Juice Processing Enzymes Market Size and Volume Forecast by Applications
10.7.1. Fresh
10.7.2. Concentrate
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Applications
10.9. Y-o-Y Growth Projections by Applications
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.11. Europe Apple Juice Processing Enzymes Demand Share Forecast, 2019-2026
11. Asia Pacific Apple Juice Processing Enzymes Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Asia Pacific Average Pricing Analysis
11.2. Asia Pacific Apple Juice Processing Enzymes Market Size and Volume Forecast by Country
11.2.1. China
11.2.2. Japan
11.2.3. South Korea
11.2.4. India
11.2.5. Australia
11.2.6. Rest of Asia Pacific (APAC)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Asia Pacific Apple Juice Processing Enzymes Market Size and Volume Forecast by Types
11.4.1. Single Preparation
11.4.2. Compound Preparation
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Asia Pacific Apple Juice Processing Enzymes Market Size and Volume Forecast by Applications
11.7.1. Fresh
11.7.2. Concentrate
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Applications
11.9. Y-o-Y Growth Projections by Applications
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.11. Asia Pacific Apple Juice Processing Enzymes Demand Share Forecast, 2019-2026
12. Middle East & Africa Apple Juice Processing Enzymes Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Middle East & Africa Average Pricing Analysis
12.2. Middle East & Africa Apple Juice Processing Enzymes Market Size and Volume Forecast by Country
12.2.1. Saudi Arabia
12.2.2. South Africa
12.2.3. UAE
12.2.4. Rest of Middle East & Africa (MEA)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Middle East & Africa Apple Juice Processing Enzymes Market Size and Volume Forecast by Types
12.4.1. Single Preparation
12.4.2. Compound Preparation
12.5. Basis Point Share (BPS) Analysis by Types
12.6. Y-o-Y Growth Projections by Types
12.7. Middle East & Africa Apple Juice Processing Enzymes Market Size and Volume Forecast by Applications
12.7.1. Fresh
12.7.2. Concentrate
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Applications
12.9. Y-o-Y Growth Projections by Applications
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.11. Middle East & Africa Apple Juice Processing Enzymes Demand Share Forecast, 2019-2026
13. Competition Landscape
13.1. Global Apple Juice Processing Enzymes Market: Market Share Analysis
13.2. Apple Juice Processing Enzymes Distributors and Customers
13.3. Apple Juice Processing Enzymes Market: Competitive Dashboard
13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
13.4.1. AB Enzymes
13.4.2. DuPont
13.4.3. Novozymes
13.4.4. Amano Enzyme
13.4.5. DSM
13.4.6. Infinita Biotech
13.4.7. BIO-CAT
13.4.8. Advanced Enzymes