The China food enzymes market size is projected to expand at a substantial CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the diversification in extraction process of food enzymes.
Food enzymes are complex ingredients, which are used to increase the diversity, variety, and quality during processing of food. They act as a catalyst and breaks down nutrients, such as vitamins and fats into simpler forms to promote healthy digestion. Food enzymes are majorly applicable in the baking industry, fruit juices & cheese manufacturing, and the brewing industry. Enhancement of texture, flavor & fragrance, preservation, coagulation, and tenderization are the multiple benefits of food enzymes, which increases its utilization in the various food processes.
Food enzymes are biocatalysts that accelerate different types of biochemical reactions. Most preferred source of food enzymes are microorganisms. Bacteria, fungi, and yeast are used for the biosynthesis of various enzymes, which are used in several commercial applications. Development in fermentation techniques for the production of microbial enzymes supports to provide extensive supply of enzymes.
Market Trends, Drivers, Restraints, and Opportunities
- Increasing demand for healthy food products is expected to drive the growth of food enzymes market.
- High demand for processed food & beverages is anticipated to boost the market growth during the forecast period.
- Rising per capita income with increasing product perforation is anticipated to propel the market expansion in the projected timeline.
- Growing demand for protein fortification is expected to push the market in the coming years.
- Increasing middle-class population coupled with hectic lifestyle is one of the major factors propelling the growth of the market during the forecast period.
- Food enzyme applications extend the freshness of end-products, thus extending the shelf life of foods, boosting the market expansion.
- Varying the pH outside the operational range of the food enzyme reduces the enzyme activity, which can create challenges for the market growth.
- Increasing R&D investment and ongoing technological advancements to produce programmable enzymes are anticipated to offer immense opportunities for the market players.
Scope of China Food Enzymes Market Report
The report on the China food enzymes market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes
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Details
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Report Title
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China Food Enzymes Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2020
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Historic Data
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2018–2019
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Forecast Period
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2021–2028
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Segmentation
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Types (Carbohydrases, Proteases, Lipases, and Others) and Applications (Bakery, Confectionery, Dairy & Frozen Desserts, Meat, Poultry & Seafood Products, Beverages, and Others)
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Geographical Zone
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China
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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Kerry Group, Novozymes, Koninklijke DSM N.V., Amano Enzymes, and Chr. Hansen Holding A/S.
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China Food Enzymes Market Segment Insights
Carbohydrases segment to account a major market share
On the basis of types, the market is divided into carbohydrases, proteases, lipases, and others. The cabohydrases segment is expected to hold a key market share during the forecast period owing to its application in several food business segments, such as bakery & confectionery, dairy, and processed food. They help to improve functioning of brain, kidneys, heart muscles, and central nervous system.
An appropriate amount of carbohydrases help in order to meet the body's nutritional requirements and maintain a healthy weight. Cost-effectiveness, less time & space consumption, ease in modification, and optimization of the process are advantages of carbohydrases.
Bakery segment to register a substantial CAGR
Based on applications, the market is segregated into bakery, confectionery, dairy & frozen desserts, meat, poultry & seafood products, beverages, and others. The bakery segment is anticipated to expand a high CAGR during the forecast period. Increasing using food enzymes to improve softness, moistness and shelf life of the bakery products is driving the segment growth.
Growing applications of food enzymes in cakes and pastries are creating opportunities for market players. Consumers are increasingly opting for convenient foods, driving the market segment growth. Moreover, industry players are directing investments toward product innovation for improvement of texture and shelf-life.
Segments
The China food enzymes market has been segmented on the basis of
Types
- Carbohydrases,
- Proteases
- Lipases
- Others
Applications
- Bakery
- Confectionery
- Dairy & Frozen Desserts
- Meat
- Poultry & Seafood Products
- Beverages
- Others
Country
Key Players
Competitive Landscape
Key players competing in the China food enzymes market include Kerry Group, Novozymes, Koninklijke DSM N.V., Amano Enzymes, and Chr. Hansen Holding A/S.
Companies are engaging in partnerships and collaborations to increase their production capacity and expand their market share.
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