Report Description
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.
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.
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 (000’ Units) and Y-o-Y Growth
4.5.3. Food Enzymes Market Absolute $ Opportunity
5. Global Food Enzymes Market Analysis and Forecast by Region
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Region
5.2.2. Y-o-Y Growth Projections by Region
5.3. Food Enzymes Market Size and Volume Forecast by Region
5.3.1. North America
5.3.2. Latin America
5.3.3. Europe
5.3.4. Asia Pacific
5.3.5. Middle East and Africa (MEA)
5.4. Absolute $ Opportunity Assessment by Region
5.5. Market Attractiveness/Growth Potential Analysis by Region
5.6. Global Food Enzymes Demand Share Forecast, 2019-2026
6. North America Food Enzymes Market Analysis and Forecast
6.1. Introduction
6.1.1. Basis Point Share (BPS) Analysis by Country
6.1.2. Y-o-Y Growth Projections by Country
6.2. North America Food Enzymes Market Size and Volume Forecast by Country
6.2.1. U.S.
6.2.2. Canada
6.3. Absolute $ Opportunity Assessment by Country
6.4. Market Attractiveness/Growth Potential Analysis
6.4.1. By Country
6.4.2. By Product Type
6.4.3. By Application
6.5. North America Food Enzymes Demand Share Forecast, 2019-2026
7. Latin America Food Enzymes Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.1.3. Latin America Average Pricing Analysis
7.2. Latin America Food Enzymes Market Size and Volume Forecast by Country
7.2.1. Brazil
7.2.2. Mexico
7.2.3. Rest of Latin America
7.3. Absolute $ Opportunity Assessment by Country
7.4. Market Attractiveness/Growth Potential Analysis
7.4.1. By Country
7.4.2. By Product Type
7.4.3. By Application
7.5. Latin America Food Enzymes Demand Share Forecast, 2019-2026
8. Europe 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
8.1.3. Europe Average Pricing Analysis
8.2. Europe Food Enzymes Market Size and Volume Forecast by Country
8.2.1. Germany
8.2.2. France
8.2.3. Italy
8.2.4. U.K.
8.2.5. Spain
8.2.6. Russia
8.2.7. Rest of Europe
8.3. Absolute $ Opportunity Assessment by Country
8.4. Market Attractiveness/Growth Potential Analysis
8.4.1. By Country
8.4.2. By Product Type
8.4.3. By Application
8.5. Europe Food Enzymes Demand Share Forecast, 2019-2026
9. Asia Pacific 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. Asia Pacific Average Pricing Analysis
9.2. Asia Pacific Food Enzymes Market Size and Volume Forecast by Country
9.2.1. China
9.2.2. Japan
9.2.3. South Korea
9.2.4. India
9.2.5. Australia
9.2.6. Rest of Asia Pacific (APAC)
9.3. Absolute $ Opportunity Assessment by Country
9.4. Market Attractiveness/Growth Potential Analysis
9.4.1. By Country
9.4.2. By Product Type
9.4.3. By Application
9.5. Asia Pacific Food Enzymes Demand Share Forecast, 2019-2026
10. Middle East & Africa 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. Middle East & Africa Average Pricing Analysis
10.2. Middle East & Africa Food Enzymes Market Size and Volume Forecast by Country
10.2.1. Saudi Arabia
10.2.2. South Africa
10.2.3. UAE
10.2.4. Rest of Middle East & Africa (MEA)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Market Attractiveness/Growth Potential Analysis
10.4.1. By Country
10.4.2. By Product Type
10.4.3. By Application
10.5. Middle East & Africa Food Enzymes Demand Share Forecast, 2019-2026
11. Competition Landscape
11.1. Global Food Enzymes Market: Market Share Analysis
11.2. Food Enzymes Distributors and Customers
11.3. Food Enzymes Market: Competitive Dashboard
11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
11.4.1. Kerry Group
11.4.2.
Novozymes
11.4.3.
Koninklijke DSM N.V.
11.4.4.
Amano Enzymes
11.4.5.
Chr. Hansen Holding A/S