Food Enzymes Market

Food Enzymes Market

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Anuradha

Author :

Anuradha B. More

Vaibhav

Fact-checked by :

Vaibhav Chandola

Aman

Editor :

Aman Singh

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 Market Outlook

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

Details

Report Title

Food enzymes market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2016–2021

Forecast Period

2023–2031

Segmentation

Types (Carbohydrase, Protease, Lipase, and Others), Applications (Bakery, Confectionery, Dairy and Frozen Desserts, Meat, Poultry and Sea Food Products, Beverages, and Others)

Regional Scope

North America, Europe, South America, Asia Pacific and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Kerry Inc., Koninklijke DSM Holding A/S, Jiangsu Boli Bioproducts Co., Ltd., and DuPont de Nemours.Inc

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.

Food Enzymes Market Types

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.

Food Enzymes Market Applications

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.

Food Enzymes Market Regions

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.

Food Enzymes Market Key Players

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.

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