Europe Food Enzymes Market by Applications (Confectionery, Oils & Fats, Meat Poultry & Seafood Products, Bakery, Dairy & Frozen Products, Beverages, and Others), and Geography (The UK, Germany, Italy, France, the Netherlands, Spain, and Rest of Europe) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028
The Europe food enzymes market size is projected to expand at a significant CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the growing demand for genetically modified enzymes.
Enzymes are biological catalysts or biocatalysts that accelerate chemical reactions. The enzymes act upon molecules called substrates and convert them into different molecules known as products. However, the enzyme activity can be affected by environmental factors such as low temperature and varying pH values. Many enzymes lose their structure and catalytic properties permanently due to excessive heat. The enzyme increases the reaction rate by lowering its activation energy. Likewise, the food enzymes that occur in raw food begin the process of digestion by breaking down the complex food molecules into the simple ones. People with faulty digestion prefer the food products with high degree of food enzyme. The packed food products contain complex carbohydrates and fats, which are difficult to digest by the human body. Therefore, food enzymes are used in processed food products to break it down into easily digestible form.
Market Trends, Drivers, Restraints and Opportunities
- Rising demand for processed and packaged foods and awareness about food security and safety are the major factors propelling the market expansion during the projected period.
- Growing trend of healthy lifestyle and balanced diet is estimated to contribute to the market expansion during the forecast period.
- Multiple functional properties of modified food enzymes and its wide range usage in production of healthy food products are major factors that can positively influence the market growth in the coming years.
- The nutritional effects of food enzymes are directly affected by the surrounding temperature conditions. Therefore, low temperature in the region is expected to hamper the market growth during the forecast period.
- Constant change in food enzyme pH value regulation in the region is anticipated to restrict the market expansion.
- Advancement in technology such as enzyme engineering is expected to create numerous opportunities for the market growth in the coming years.
Scope of the Report
The report on the Europe 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 |
Details |
|
Report Title |
Europe Food Enzymes Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2020 |
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Historic Data |
2018–2019 |
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Forecast Period |
2021–2028 |
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Segmentation |
Applications (Confectionery, Oils & Fats, Meat Poultry & Seafood Products, Bakery, Dairy & Frozen Products, Beverages, and Others) |
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Geographical Scope |
The UK, Germany, Italy, France, the Netherlands, Spain, and Rest of Europe |
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Report Coverage |
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 |
AST Enzymes; DuPont; MetGen; Kerry Inc.; and AB Enzymes |
Europe Food Enzymes Market Segment Insights
Bakery segment is projected to expand at a robust CAGR
Based on applications, the market is segregated into confectionery, oils & fats, meat poultry & seafood products, bakery, dairy & frozen products, beverages, and others. The bakery segment is projected to expand at a robust CAGR during the forecast period owing to the rapid increase in the population resulting into subsequent increase in processed food consumption. Furthermore, the restrictions on the use of chemical additives, especially in the manufacturing of fermented food products including bread has resulted into large scale use of food enzymes. Therefore, the increase in use of enzymes in bakery sector is expected to encourage the growth of the market segment. On the other hand, the dairy & frozen products segment is anticipated to hold a significant market share during the forecast period due to the increase in application of enzymes in dairy technology such as use of rennet enzyme to accelerate cheese ripening.
Germany is anticipated to constitute a key market share
In terms of geography, the Europe food enzymes market is classified as the UK, Germany, Italy, France, the Netherlands, Spain, and Rest of Europe. Germany is anticipated to constitute a key share of the market during the projected period owing to the growing health awareness, increasing percentage of geriatric population, and the consequent demand for health and wellness products. However, the market in France is anticipated to exhibit a robust CAGR during the forecast period due to growing food security concerns, increasing disposable income, and advancements in research & development activities.
Segments
Segments Covered in the Report
The Europe food enzymes market has been segmented on the basis of
Types
- Confectionery
- Oils & Fats
- Meat Poultry & Seafood Products
- Bakery
- Dairy & Frozen Products
- Beverages
- Others
Geography
- The UK
- Germany
- Italy
- France
- Netherlands
- Spain
- Rest of Europe
Key Players
- AST Enzymes
- DuPont
- MetGen
- Kerry Inc.
- AB Enzymes
Competitive Landscape
Key players competing in the Europe food enzymes market are AST Enzymes; DuPont; MetGen; Kerry Inc.; and AB Enzymes. Companies are focusing on growing manufacturing facilities, along with forming strong distribution networks with other industry players in order to expand their market shares.
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. AST Enzymes
11.4.2. DuPont
11.4.3. MetGen
11.4.4. Kerry Inc.
11.4.5. AB Enzymes
11.4.6.
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. AST Enzymes
11.4.2. DuPont
11.4.3. MetGen
11.4.4. Kerry Inc.
11.4.5. AB Enzymes
11.4.6.
Segments Covered in the Report
The Europe food enzymes market has been segmented on the basis of
Types
- Confectionery
- Oils & Fats
- Meat Poultry & Seafood Products
- Bakery
- Dairy & Frozen Products
- Beverages
- Others
Geography
- The UK
- Germany
- Italy
- France
- Netherlands
- Spain
- Rest of Europe
Key Players
- AST Enzymes
- DuPont
- MetGen
- Kerry Inc.
- AB Enzymes
Key players competing in the Europe food enzymes market are AST Enzymes; DuPont; MetGen; Kerry Inc.; and AB Enzymes. Companies are focusing on growing manufacturing facilities, along with forming strong distribution networks with other industry players in order to expand their market shares.
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