Report Description
Food Enzymes Market Outlook 2031
The global food enzymes market size was USD 1.94 Billion in 2022 and is anticipated to reach USD 2.93 Billion by 2031 expand at a CAGR of 4.7% during the forecast period, 2023 – 2031. The growth of the market is attributed to increasing demand for food owing to the rising population across the globe.
Enzymes are proteins produced by living organisms. Enzymes biological catalysts are responsible for all chemical reactions in the body. Human body transforms starch to simple sugar with help of energy enzymes, which are further used to fuel the body.
Food enzymes are active at moderate pH and temperature conditions, which make them sustainable alternatives for chemical processing in the food industry. Plant enzymes are capable of digesting food before the body’s own digestive process begins. Plant enzymes enhance the digestion of food and the delivery of nutrients to the blood. Enzymes help lactose intolerant individuals enjoy dairy products with minimal side effects.
Food Enzymes Market Trends, Drivers, Restraints, and Opportunities:
- Rising food enzyme usage in bakery products is expected to boost the food enzymes market growth.
- Increasing penetration of organized retail in urban and rural areas is anticipated to drive the food enzymes market.
- Cost-effectiveness, less time & space consumption, and ease in modification and optimization of the food enzymes are expected to boost the food enzymes market growth.
- Environment-friendly production process and waste reduction and energy saving initiatives in the food industry are expected to positively impact the growth of the market.
- Restricted temperature and pH operational range can hinder the growth of the food enzymes market.
- Rising development and advancements in enzyme engineering and the introduction of genetically engineered enzymes can create growth opportunities for the food enzymes market during forecast period.
Scope of The Food Enzymes Market Report
The report on the global food enzymes market research report 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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Food enzymes market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Types (Carbohydrase, Protease, Lipase, and Others), Applications (Bakery, Confectionery, Dairy and Frozen Desserts, Meat, Poultry and Sea Food Products, Beverages, and Others)
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Regional Scope
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North America, Europe, South America, Asia Pacific and Middle East & Africa
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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 Inc., Koninklijke DSM Holding A/S, Jiangsu Boli Bioproducts Co., Ltd., and DuPont de Nemours.Inc
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Global Food Enzymes Market Segment Insights
Carbohydrase segment to account a major market share
Based on types, the market is divided into carbohydrase, protease, lipase, and others. The carbohydrase segment is anticipated to account for a major market share during the forecast period. Carbohydrase is classified as amylases, and cellulases. Other carbohydrase includes pectinases, lactases, mannanases, and pullulanases. Carbohydrase is used in food application industries, which includes bakery & confectionery, dairy, and processed food.
Bakery segment to account for considerable market share
Based on applications, the global food enzymes market is segmented into bakery, confectionery, dairy and frozen desserts, meat, poultry and sea food products, beverages, and others. The bakery segment is anticipated to account for a considerable market share in the projected timeline. Bakery products consist of bread, pastries, doughnuts, and rolls.
Food enzymes act as a catalyst for biochemical reactions that offer quality improvements in bakery products. On the other hand, the dairy and frozen desserts segment is expected to grow at a steady rate during the forecast period.
North America to dominate the market share
In terms of regions, the market is segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is expected to dominate the market share during forecast period. High consumption of meat and meat products in the region is one of the major factors driving the growth of the food enzymes market in the region.
The US is the key market owing to increasing expenditure of food manufacturers and consumer preference for processed foods incorporated with naturally sourced ingredients.
Segments
The Market global food enzymes market has been segmented on the basis of
Types
- Carbohydrase
- Protease
- Lipase
- Others
Applications
- Bakery
- Confectionery
- Dairy and Frozen Desserts
- Meat
- Poultry and Sea Food Products
- Beverages
- Others
Regions
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Key Players
Competitive Landscape
Key players operating in the global food enzymes market includes Kerry Inc., Koninklijke DSM Holding A/S, Jiangsu Boli Bioproducts Co., Ltd., and DuPont de Nemours.Inc.
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 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. Carbohydrase
5.3.2.
Protease
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
6.3.5.
Poultry and Sea Food Products
6.3.6.
Beverages
6.3.7.
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. Carbohydrase
8.4.2.
Protease
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
8.7.5.
Poultry and Sea Food Products
8.7.6.
Beverages
8.7.7.
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. Carbohydrase
9.4.2.
Protease
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
9.7.5.
Poultry and Sea Food Products
9.7.6.
Beverages
9.7.7.
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. Carbohydrase
10.4.2.
Protease
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
10.7.5.
Poultry and Sea Food Products
10.7.6.
Beverages
10.7.7.
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. Carbohydrase
11.4.2.
Protease
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
11.7.5.
Poultry and Sea Food Products
11.7.6.
Beverages
11.7.7.
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. Carbohydrase
12.4.2.
Protease
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
12.7.5.
Poultry and Sea Food Products
12.7.6.
Beverages
12.7.7.
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. Kerry Inc.
13.4.2.
Koninklijke DSM Holding A/S
13.4.3.
Jiangsu Boli Bioproducts Co., Ltd.
13.4.4.
DuPont de Nemours.Inc.