The UK food enzymes market size is estimated to expand at a substantial CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the rapid urbanization, increasing demand for ready to eat foods, rising disposable income of consumers, increasing environmental concern, and multifunctional benefits from food enzymes. The reduction in the chemicals consumption various technological advancement is taking place is anticipated to boost the market.
Foods enzymes are a complex ingredient that acts as catalyzes and are majorly used for growing the variety, quality, and diversity during the food processing. Food enzymes are highly used for food processing due to its various benefits such as enhancement of flavor, preservation, tenderization, texture, fragrances, and coagulation. It is highly used in the fruit juice, brewing, baking industry, and cheese manufacturing. Food enzymes are highly used in packaged foods as it contains complex molecules that are difficult to digest naturally.
Enzymes are the mechanics, which helps to make the body function. Enzymes activated the muscles, makes our heart beat, help us think, keep us breathing, and even stimulates our nerves. Food enzymes are present in all the raw food that helps to digest carbohydrates, protein, fiber, and fat. Pre-digestion enables the food enzymes to assist the body digestive response and also relieve digestive symptoms. Covid-19 has impacted the food enzymes market and also created many challenge for the key payers.
Market Trends, Drivers, Restraints, and Opportunities
- Rising demand for processed food is projected to push the market expansion in the coming years.
- Rapid growth of the food industry is major factor propelling the market growth during the forecast period.
- Restricted temperature and pH operational range is anticipated to hamper the market expansion in the coming years.
- Changes in the food enzymes safety rules and regulations act as main challenges that can restrict the market growth during the forecast period.
- R&D investment and technological advancement in food enzymes market is expected to offer immense opportunities for the market players.
Scope of UK Food Enzymes Market Report
The report on the UK 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
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Details
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Report Title
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Food Enzymes Market - UK Industry Analysis, Size, Share, Growth , Trends, and Forecast 2021 - 2028 |
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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 (Confectionery, Meat Poultry, Food & Beverages, Bakery, Dairy & Frozen Products, Sea Food Products, and Others), Types (Proteases, Polymerases & Nucleases, Carbohydrases, and Lipases)
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Country
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United Kingdom
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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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DuPont; Amano Enzyme Inc.; Kerry Inc.; Koninklijke DSM N.V.; CHR. Hansen Holding A/S; Associated British Food Plc; Novozymes; Advanced Enzymes Technologies Ltd.; BASF; and Aum Enzymes
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UK Food Enzymes Market Segment Insights
Based on applications, the UK food enzymes market is divided into confectionery, meat poultry, food & beverages, bakery, dairy & frozen products, sea food products, and others. The food & beverages segment is expected to constitute a key share of the market during the forecast period owing to rising demand for enzymes from food & beverages industry and increasing demand for processed foods.
The enzymatic hydrolysis process that produces amino acids and peptides from vegetable proteins & yeasts acts as taste enhancers in various food such as ready to eat meals, soups, frozen food products, canned, and sauces. However, the bakery segment is anticipated to expand at a rapid pace during the forecast period due to it acts as a natural protein for food so it provides variety of improvements in quality of the baked foods.
On the basis of types, the market is segmented into proteases, polymerases & nucleases, carbohydrases, and lipases. The carbohydrases segment is expected to represent a key share of the market in the coming years due to its high usage in the food applications to cater to different industries including processed food, dairy, bakery, and confectionery.
It is highly used in food due to its easy modification, reduction in time, cost effectiveness, optimization in process, and space consumption. On the other hand, the lipases segment is anticipated to expand at a rapid pace during the forecast period owing to it boosts the absorption of fat in the body by breaking it down into free fatty acids and glycerol.
Segments
The UK food enzymes market has been segmented on the basis of
Applications
- Confectionery
- Meat Poultry
- Food & Beverages
- Bakery
- Dairy & Frozen Products
- Sea Food Products
- Others
Types
- Proteases
- Polymerases & Nucleases
- Carbohydrases
- Lipases
Country
Key Players
Competitive Landscape
Key players competing in the UK food enzymes market include DuPont; Amano Enzyme Inc.; Kerry Inc.; Koninklijke DSM N.V.; CHR. Hansen Holding A/S; Associated British Food Plc; Novozymes; Advanced Enzymes Technologies Ltd.; BASF; and Aum Enzymes. Some of these players are engaged in several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market shares.
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