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Asia Pacific Food Enzymes Market Size, Share, Growth | 2031

Asia Pacific Food Enzymes Market

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Segments - by Types (Carbohydrases, Proteases, Lipases, and Others), Applications (Bakery, Confectionery, Dairy and Frozen Desserts, Meat Poultry and Sea Food Products, Beverages, and Others), and Geography (China, Japan, India, Australia, and Rest of Asia Pacific) - Asia Pacific Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 –2031

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Author :

Anuradha B. More

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Vaibhav Chandola

Editor :

Aman Singh

Report Description

The Asia Pacific Food Enzymes Market size was valued at USD XX Billion in 2022 and is expected to surpass USD XX Billion by 2031, expanding at a CAGR of 8.35% during the forecast period, 2023 – 2031. The growth of the market is attributed to rising consumers’ inclination toward organic food in the region.

During the food processing, food enzymes are used for multiple benefits such as increasing texture quality, flavor & fragrance, preservation, coagulation, and tenderization. Microorganisms are the most favored source of food enzymes. Food enzymes are compound ingredients, which act as catalyzers and they are mainly used for increasing the rate of diversity, variety, and quality during the food processing. Enzymes are majorly used in fruit juice, cheese manufacturing, and brewing.

During COVID-19 pandemic, various restrictions by governments and labor shortages in the food industry affected supply chain to vital areas and disrupted the market growth.

Market Trends, Drivers, Restraints, and Opportunities

Increasing demand for high quality food & beverages is projected to boost the market growth in the coming years.
Growing taste and nutritional content in food is anticipated to the market growth during the forecast period.
Increasing demand for processed food is projected to boost the market growth in the coming years.
Rising food industry is expected to spur the market growth during the forecast period.
High maintenance cost and pH operational range can restrain the market growth.
Development of new food enzymes can lead to new opportunities in the market.

Scope of Asia Pacific Food Enzymes Market Report

The report on the Asia Pacific food 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	Asia Pacific Food Enzymes Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2022
Historic Data	2016–2021
Forecast Period	2023–2031
Segmentation	Types (Carbohydrases, Proteases, Lipases, and Others), Applications (Bakery, Confectionery, Dairy and Frozen Desserts, Meat Poultry and Sea Food Products, Beverages, and Others)
Geography	China, Japan, India, Australia, and Rest of Asia Pacific
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report	Novozymes; Kerry Inc.; Jiangsu Boli Bioproducts Co., Ltd.; Koninklijke DSM N.V.; Chr. Hansen Holding A/S; DuPont de Nemours, Inc

Asia Pacific Food Enzymes Market Segment Insights

On the basis of types, the market is divided into carbohydrases, proteases, lipases and others. The carbohydrases segment is anticipated to hold a key share of the market in the coming years due to their cost effectiveness, less time & space consumption, and ease in modification and optimization of the process. However, the lipases segment is anticipated to expand at a rapid pace during the forecast period due to high stability toward temperatures and solvents.

Based on applications, the Asia Pacific food enzymes market is segregated into bakery, confectionery, dairy and frozen desserts, meat poultry and sea food products, beverages, and others. The bakery segment is expected to represent a key share of the market in the upcoming years due to increasing use of food enzymes to lengthen life of bakery products, reduce process time, compensate flour variability, and substitute chemical additives. On the other hand, the beverages segment is anticipated to expand at a rapid pace during the forecast period owing to improving yield and quality in the beverage industry.

On the basis of regions, the Asia Pacific food enzymes market is classified as China, Japan, India, Australia, and Rest of Asia Pacific. Japan is expected to constitute a key share of the market during the projected period due to increasing awareness about better quality products. However, the market in Rest of Asia Pacific is anticipated expand at a rapid pace during the forecast period due to increasing demand for agriculture enzyme market in countries such as India and China.

Segments

The Asia Pacific food enzymes market has been segmented on the basis of

Types

Carbohydrases
Proteases
Lipase
Others

Applications

Bakery
Confectionery
Dairy and Frozen Desserts
Meat Poultry and Sea Food Products
Beverages
Others

Geography

China
Japan
India
Australia
Rest of Asia Pacific

Key Players

Novozymes
Jiangsu Boli Bioproducts Co., Ltd.
Kerry Inc.
Koninklijke DSM N.V.
Chr. Hansen Holding A/S
DuPont de Nemours, Inc

Competitive Landscape

Key players competing in the Asia Pacific food enzymes market includes Novozymes; Kerry Inc.; Jiangsu Boli Bioproducts Co., Ltd.; Koninklijke DSM N.V.; Chr. Hansen Holding A/S; DuPont de Nemours, Inc., Some of these players are engaging in business strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market share.

In January 2021, DuPont Nutrition & Biosciences launched NovaGARD NR 100-G, which keeps meat products safe and high quality throughout shelf life.

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Food 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. Food Enzymes Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Food Enzymes Market - Supply Chain
  4.5. Global Food Enzymes Market Forecast
     4.5.1. Food Enzymes Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Food Enzymes Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Food Enzymes Market Absolute $ Opportunity
5. Global Food 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. Food Enzymes Market Size and Volume Forecast by Types
     5.3.1. Carbohydrases
     5.3.2. Proteases
     5.3.3. Lipase
     5.3.4. Others
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Food 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. Food Enzymes Market Size and Volume Forecast by Applications
     6.3.1. Bakery
     6.3.2. Confectionery
     6.3.3. Dairy and Frozen Desserts
     6.3.4. Meat Poultry and Sea Food Products
     6.3.5. Beverages
     6.3.6. Others
  6.4. Absolute $ Opportunity Assessment by Applications
  6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Food 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. Food 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 Food Enzymes Demand Share Forecast, 2019-2026
8. North America Food 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 Food 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 Food Enzymes Market Size and Volume Forecast by Types
     8.4.1. Carbohydrases
     8.4.2. Proteases
     8.4.3. Lipase
     8.4.4. Others
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. North America Food Enzymes Market Size and Volume Forecast by Applications
     8.7.1. Bakery
     8.7.2. Confectionery
     8.7.3. Dairy and Frozen Desserts
     8.7.4. Meat Poultry and Sea Food Products
     8.7.5. Beverages
     8.7.6. 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 Food Enzymes Demand Share Forecast, 2019-2026
9. Latin America Food 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 Food 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 Food Enzymes Market Size and Volume Forecast by Types
     9.4.1. Carbohydrases
     9.4.2. Proteases
     9.4.3. Lipase
     9.4.4. Others
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Latin America Food Enzymes Market Size and Volume Forecast by Applications
     9.7.1. Bakery
     9.7.2. Confectionery
     9.7.3. Dairy and Frozen Desserts
     9.7.4. Meat Poultry and Sea Food Products
     9.7.5. Beverages
     9.7.6. 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 Food Enzymes Demand Share Forecast, 2019-2026
10. Europe Food 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 Food 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 Food Enzymes Market Size and Volume Forecast by Types
     10.4.1. Carbohydrases
     10.4.2. Proteases
     10.4.3. Lipase
     10.4.4. Others
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Europe Food Enzymes Market Size and Volume Forecast by Applications
     10.7.1. Bakery
     10.7.2. Confectionery
     10.7.3. Dairy and Frozen Desserts
     10.7.4. Meat Poultry and Sea Food Products
     10.7.5. Beverages
     10.7.6. 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 Food Enzymes Demand Share Forecast, 2019-2026
11. Asia Pacific Food 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 Food 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 Food Enzymes Market Size and Volume Forecast by Types
     11.4.1. Carbohydrases
     11.4.2. Proteases
     11.4.3. Lipase
     11.4.4. Others
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Asia Pacific Food Enzymes Market Size and Volume Forecast by Applications
     11.7.1. Bakery
     11.7.2. Confectionery
     11.7.3. Dairy and Frozen Desserts
     11.7.4. Meat Poultry and Sea Food Products
     11.7.5. Beverages
     11.7.6. 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 Food Enzymes Demand Share Forecast, 2019-2026
12. Middle East & Africa Food 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 Food 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 Food Enzymes Market Size and Volume Forecast by Types
     12.4.1. Carbohydrases
     12.4.2. Proteases
     12.4.3. Lipase
     12.4.4. Others
  12.5. Basis Point Share (BPS) Analysis by Types
  12.6. Y-o-Y Growth Projections by Types
  12.7. Middle East & Africa Food Enzymes Market Size and Volume Forecast by Applications
     12.7.1. Bakery
     12.7.2. Confectionery
     12.7.3. Dairy and Frozen Desserts
     12.7.4. Meat Poultry and Sea Food Products
     12.7.5. Beverages
     12.7.6. 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 Food Enzymes Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global Food Enzymes Market: Market Share Analysis
  13.2. Food Enzymes Distributors and Customers
  13.3. Food Enzymes Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     13.4.1. Novozymes
     13.4.2. Kerry Inc.
     13.4.3. Jiangsu Boli Bioproducts Co., Ltd.
     13.4.4. Koninklijke DSM N.V.
     13.4.5. Chr. Hansen Holding A/S
     13.4.6. DuPont de Nemours, Inc

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