According to IMARC Group’s latest report, titled “Food Enzymes Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global food enzymes market exhibited moderate growth during 2015-2020. Food enzymes refer to biocatalysts that assist in the digestion of carbohydrates, proteins, fibers and fats. Some of the most commonly available food enzymes include amylase, protease and lipase that are generally found in bananas, mangoes, pineapples and avocados. Their consumption aids in improving digestion and boosting metabolism. Apart from this, they also help in muscle development and eliminating toxins from the body. Additionally, they are used in the fermentation of numerous bakery and dairy products.
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The global market is primarily driven by significant growth in the food and beverages sector. Along with this, the rising health concerns have led to the increasing adoption of nutrient-rich and high-quality ingredients, such as food enzymes, for preparing beverages, bakery and dairy products, which is creating a positive outlook for the market. Other factors, including rapid urbanization, inflating disposable incomes of the masses and numerous government initiatives for implementing food safety regulations across the sector, are providing an impetus to the market growth further. Looking forward, IMARC Group expects the market to grow at a CAGR of around 5% during 2021-2026.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Competitive Landscape with Key Players:
- DuPont de Nemours, Inc.
- Amway
- BASF
- DSM
- Novozymes
- Hansen
- Kerry Group
- Biocatalysts
- Puratos Group
- Advanced Enzyme Tech
- Sequence Biotech
- Amano Enzyme
- Aum Enzymes
- Bioseutica
- Dyadic International Inc.
Market Segmentation:
Breakup by Type:
- Carbohydrase
- Amylase
- Cellulase
- Lactase
- Pectinase
- Others
- Protease
- Lipase
- Others
Breakup by Source:
- Microorganisms
- Plants
- Animals
Breakup by Formulation:
- Powder
- Liquid
- Others
Breakup by Application:
- Beverages
- Processed Foods
- Dairy Products
- Bakery Products
- Confectionery Products
- Others
Breakup by Region:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Market Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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