Report Description
The Germany food enzymes market size is expected to expand at a high CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the growing health awareness and rising food demand in the country.
Food enzymes work as biocatalysts, breaking down vitamins such as proteins, carbohydrates, fatty acids, and nutrients into simpler forms. These enzymes can breakdown food before the body's own digestion system . Even a person with a faulty digestive system can improve their food digestion if food enzymes are added into the food products. Enzymes can be found in every living cell.
There are a byproduct of the body's normal metabolic activities. When the body is unable to produce the essential enzymes, dietary enzymes obtained from outside the body can be used as a substitute. Packed food includes complex carbs and lipids that the body cannot break down. Complex carbohydrates can be broken down into smaller molecules by food enzymes found in processed meals. It extends the shelf life of convenience foods while keeping their flavor, color, and texture.
The Impact of COVID-19 on the food enzymes Market is expected to be critical, given the current emphasis on the requirement of safe, healthy, and nutritious food products. The major players in the food enzymes industry have begun to set up regional manufacturing in order to sell ingredients across borders. R&D and sales teams are also streamlining supply chains for raw material distribution.
Market Trends, Drivers, Restraint and Opportunities
- Increasing demand for processed food is estimated to boost the market expansion.
- Growing middle-class population and rising disposable income are driving the market growth .
- Increasing awareness of food enzymes benefits is driving the growth of market during forecast period.
- Lack of awareness about food enzymes can inhibit the growth of the market.
- Rising complexities in the food supply chain can hamper the market growth.
- Various technology developers enable small-scale manufacturers with opportunity to develop programmable enzymes that can be scaled up to produce huge quantities. Thus, such technological advancements can create immense opportunities for the market growth.
Scope of Germany Food Enzymes Market Report
The report on the Germany 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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Germany Food Enzymes Market - 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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Applications (Bakery, Confectionery, Dairy & Frozen Desserts, Meat, Poultry, Seafood Products, Beverages, and Others)
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Country
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Germany
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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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Associated British Foods plc (AB Enzymes); DuPont; BASF SE; Archer Daniels Midland Company; and Chr. Hansen A/S
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Germany Food Enzymes Market Segment Insights
Based on applications, the market is divided into bakery, confectionery, dairy & frozen desserts, meat, poultry, seafood products, beverages, and others. The beverages segment is expected to grow at a rapid pace during the forecast period due to rising utilization of enzymes in the food and beverage sector. Furthermore, milk products, bakery products, health supplements, and other food products are some of the major product categories use food enzymes.
Peptides and amino acids are produced by enzymatic hydrolysis of yeast and vegetable proteins, which are used to enhance the flavor of soups, sauces, ready-to-eat meals, tinned, and frozen foods.. However, the bakery segment is anticipated to hold a key share of the market in the coming years. Rising preference for baked goods and frozen baked goods and increasing per capita consumption are key drivers of the market segment growth. Moreover, the requirement for diverse food enzymes is actively expanding in the bakery industry in the country.
Segments
The Germany food enzymes market has been segmented on the basis of
Applications
- Bakery
- Confectionery
- Dairy & Frozen Desserts
- Meat
- Poultry
- Seafood Products
- Beverages
- Other
Country
Key Player
Competitive Landscape
Key players competing in the Germany food enzymes market are Associated British Foods plc (AB Enzymes); DuPont; BASF SE; Archer Daniels Midland Company; and Chr. Hansen A/S.
Some of the country's top businesses are purchasing homegrown firms to boost their footprint. Companies such DuPont are spending in marketing and branding in order to promote their products and enhance sales. Moreover, they’re engaging in partnerships with local manufacturers and research firms to leverage their market position.
Table Of Content
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Food Enzymes Market 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 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 Market - Supply Chain
4.5. Global Food Enzymes Market Market Forecast
4.5.1. Food Enzymes Market Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Food Enzymes Market Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Food Enzymes Market Market Absolute $ Opportunity
5. Global Food Enzymes Market 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 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 Market Demand Share Forecast, 2019-2026
6. North America Food Enzymes Market 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 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 Market Demand Share Forecast, 2019-2026
7. Latin America Food Enzymes Market 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 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 Market Demand Share Forecast, 2019-2026
8. Europe Food Enzymes Market 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 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 Market Demand Share Forecast, 2019-2026
9. Asia Pacific Food Enzymes Market 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 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 Market Demand Share Forecast, 2019-2026
10. Middle East & Africa Food Enzymes Market 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 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 Market Demand Share Forecast, 2019-2026
11. Competition Landscape
11.1. Global Food Enzymes Market Market: Market Share Analysis
11.2. Food Enzymes Market Distributors and Customers
11.3. Food Enzymes Market Market: Competitive Dashboard
11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)