Orange Juice Processing Enzymes Market

Orange Juice Processing Enzymes Market

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Anuradha

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Anuradha B. More

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Aman Singh

The global orange juice processing enzymes market is projected to register a considerable CAGR during the forecast period, 2021–2028. Growing consumption of processed juices extracted from fresh fruits and rising awareness of health benefits of orange juice are expected to drive to market growth.

Orange Juice Processing Enzymes Market By key takeaways

Orange juice processing enzymes are broadly used for producing fresh orange juice. Orange juice is one of the common beverages that are extensively consumed across the globe for body refreshing and various health benefits. It contains a variety of vitamins and minerals that offer several health benefits, which help in dealing with various health conditions such as relief from blood pressure, respiratory problems, and high cholesterol level. Orange juice processing enzymes involves preparation of the fruit juice made by pressing of an apple, which are further filtered by enzymatic process. Through the process, a large quantity of apple juice can be extracted that, in turns, solving the problems associated with the complex and costly processing equipment.

Market Drivers, Restraints, Trends, and Opportunities

  • Rising preference for healthy beverage and food products in developing regions is predicted to drive the market growth during the forecast period.
  • Increasing application of enzymes as a replacement for harmful chemicals in the beverages and foods processing industry acts a key factor boosting the market.
  • Trending techniques such as conversion of conservative drink composition to replace the artificial additives with natural ingredients such as orange juice processing enzymes is projected to fuel the market growth over the analysis period.
  • Global warming impacted by climate change presents a key challenge as it affects the enzymatic process in large scale. This is expected to hamper the market growth.
  • High demand for orange juice processing enzymes due to its content of various nutrition and health benefits is expected to present numerous opportunities for the players in the market.

Scope of the Report

The report on the global orange juice processing enzymes market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics also have been involved in the report.

Attributes

Details

Report Title

Orange Juice Processing Enzymes Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Types (Compound Preparation and Single Preparation), Applications (Concentrate and Fresh)

Regional Scope

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

Report Coverage

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

Key Players Covered

AB Enzymes, Advanced Enzyme, Amano Enzyme, BIO-CAT, DSM, DuPont, and Novozymes.

Global Orange Juice Processing Enzymes Market Segment Insights

In terms of types, the market is bifurcated into compound preparation and single preparation. The compound preparation segment is expected to constitute a large share of the market during the forecast period. In this type, the preparation of juice is conducted using a single enzyme as the main body and is being fermented or combined with other single preparation of enzyme to form one or more microorganisms. However, the single preparation segment is estimated to hold a significant share of the market during the analysis period due to its rising adoption in the preparation of fruit juice.

Based on applications, the global orange juice processing enzymes market is segmented into concentrate and fresh. The concentrate segment is expected to account for a major share of the market during the forecast period as it retains a wide range of essential nutrients such as vitamins and minerals. The juice concentrate is a fruit juice, from which a maximum amount of water has been extracted to make it thick and high density fruit juice. For this application, concentrate enzymes are required. On the other hand, the fresh segment is estimated to exhibit a fast-growth rate during the analysis period. The fresh juices extracted from ripe fruit contain a significant amount of pectin, which is naturally occurring enzyme that acts on pectin yielding to provide a crystal-clear juice with the smooth appearance, taste, stability, mouth-feel, and texture.

Orange Juice Processing Enzymes Market By applications

In terms of regions, the market is generally classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market in North America dominated the global industry due to high consumption of orange juices and increasing demand for healthier alternatives such as cold-pressed juices mixing with fruit and vegetable items. However, the market in Europe is anticipated to grow significantly during the forecast period owing to the wide presence of health-conscious consumers and their adoption of healthy eating habits in the region. The existence of large number of population and growing consumer awareness about the processed juice in emerging economies such as India and China are predicted to fuel the market growth in the Asia Pacific. Therefore, the market in Asia Pacific is projected to register a high CAGR during the analysis period.

Segments

The global orange juice processing enzymes market has been segmented based on

Types

  • Compound Preparation
  • Single Preparation

Applications

  • Concentrate
  • Fresh

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Competitive Landscape

Major players competing in the global orange juice processing enzymes market include AB Enzymes, Advanced Enzyme, Amano Enzyme, BIO-CAT, DSM, DuPont, and Novozymes.

Some of these companies are engaged in adopting several market strategies such as merger, acquisitions, collaborations, partnerships, product launches, R&D activities, and capacity expansion to increase market share and global presence.

In 2019, Novozymes announced its new strategy and operation targets for the period 2020-2022. It called the strategy as “Better Business with Biology” aiming at enhancing its business operations around the world.
 

Orange Juice Processing Enzymes Market By Key Players

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Orange Juice Processing 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. Orange Juice Processing Enzymes Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Orange Juice Processing Enzymes Market - Supply Chain
  4.5. Global Orange Juice Processing Enzymes Market Forecast
     4.5.1. Orange Juice Processing Enzymes Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Orange Juice Processing Enzymes Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Orange Juice Processing Enzymes Market Absolute $ Opportunity
5. Global Orange Juice Processing 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. Orange Juice Processing Enzymes Market Size and Volume Forecast by Types
     5.3.1. Compound Preparation
     5.3.2. Single Preparation
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Orange Juice Processing 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. Orange Juice Processing Enzymes Market Size and Volume Forecast by Applications
     6.3.1. Concentrate
     6.3.2. Fresh
  6.4. Absolute $ Opportunity Assessment by Applications
  6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Orange Juice Processing 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. Orange Juice Processing 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 Orange Juice Processing Enzymes Demand Share Forecast, 2019-2026
8. North America Orange Juice Processing 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 Orange Juice Processing 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 Orange Juice Processing Enzymes Market Size and Volume Forecast by Types
     8.4.1. Compound Preparation
     8.4.2. Single Preparation
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. North America Orange Juice Processing Enzymes Market Size and Volume Forecast by Applications
     8.7.1. Concentrate
     8.7.2. Fresh
  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 Orange Juice Processing Enzymes Demand Share Forecast, 2019-2026
9. Latin America Orange Juice Processing 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 Orange Juice Processing 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 Orange Juice Processing Enzymes Market Size and Volume Forecast by Types
     9.4.1. Compound Preparation
     9.4.2. Single Preparation
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Latin America Orange Juice Processing Enzymes Market Size and Volume Forecast by Applications
     9.7.1. Concentrate
     9.7.2. Fresh
  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 Orange Juice Processing Enzymes Demand Share Forecast, 2019-2026
10. Europe Orange Juice Processing 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 Orange Juice Processing 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 Orange Juice Processing Enzymes Market Size and Volume Forecast by Types
     10.4.1. Compound Preparation
     10.4.2. Single Preparation
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Europe Orange Juice Processing Enzymes Market Size and Volume Forecast by Applications
     10.7.1. Concentrate
     10.7.2. Fresh
  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 Orange Juice Processing Enzymes Demand Share Forecast, 2019-2026
11. Asia Pacific Orange Juice Processing 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 Orange Juice Processing 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 Orange Juice Processing Enzymes Market Size and Volume Forecast by Types
     11.4.1. Compound Preparation
     11.4.2. Single Preparation
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Asia Pacific Orange Juice Processing Enzymes Market Size and Volume Forecast by Applications
     11.7.1. Concentrate
     11.7.2. Fresh
  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 Orange Juice Processing Enzymes Demand Share Forecast, 2019-2026
12. Middle East & Africa Orange Juice Processing 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 Orange Juice Processing 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 Orange Juice Processing Enzymes Market Size and Volume Forecast by Types
     12.4.1. Compound Preparation
     12.4.2. Single Preparation
  12.5. Basis Point Share (BPS) Analysis by Types
  12.6. Y-o-Y Growth Projections by Types
  12.7. Middle East & Africa Orange Juice Processing Enzymes Market Size and Volume Forecast by Applications
     12.7.1. Concentrate
     12.7.2. Fresh
  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 Orange Juice Processing Enzymes Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global Orange Juice Processing Enzymes Market: Market Share Analysis
  13.2. Orange Juice Processing Enzymes Distributors and Customers
  13.3. Orange Juice Processing Enzymes Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)

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