Orange Juice Processing Enzymes Market by Types (Compound Preparation and Single Preparation), Applications (Concentrate and Fresh), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Trends, Share, Size, and Forecast 2021–2028
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 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.
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
Segments Covered in the Report
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.
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)
Segments Covered in the Report
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
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.
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