Global Food Enzymes Market Size study, by Type, by Formulation, by Application, by Source and Regional Analysis, 2022-2029

Description

List of Tables

Global Food Enzymes Market is valued at approximately USD 2.2 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 6.4% over the forecast period 2022-2029. Food enzymes are compound ingredients that are produced from microbial sources which are utilize for improving the range, diversity, and quality during the food processing. It offers various benefits that include flavor & fragrance, coagulation, preservation, enhancement of texture and tenderization enabling food enzyme ingredients to process the food. It acts as a catalyzer, that helps in processing food. Factors such as increasing preference towards tasty and processed food, coupled with higher disposable income are further bolstering the market demand during the estimated years.

The increasing demand for food enzymes by the end-use industry including dairy, confectionary, and bakery products owing to properties such as improved shelf life and dough stability enhances the growth of the food enzymes market across the global market. As per Statista, in 2022, it was estimated that around 129,916.9 million kilograms of confectionary were produced globally, which is projected to reach 146,046.2 million kilograms by 2026. Thereby, the rising demand for confectionery products and the increasing global population is exhibiting a positive influence on the market expansion. Furthermore, increasing demand for various varieties of tastes and flavors, as well as innovative technological platforms food are expected to boost the growth of the global Food Enzymes market over the forecast period of 2022-2029. However, restricted temperature and pH operational range, along with stringent regulatory framework are the major restraining factors for the market growth.

The key regions considered for the Food Enzymes Market study include: Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America dominated the market in terms of revenue, owing to the growing trend of consuming naturally sourced ingredients and the rise in the use of enzymes in the plethora of food systems. Whereas, the Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as increasing consumption of demand for high-quality processed food, as well as growing concerns for sustainability and food safety in the regional market.

Major market players included in this report are:

DuPont de Nemours, Inc.
Associated British Foods plc
Koninklijke DSM N.V.
Novozymes
Chr. Hansen A/S
Brenntag Asia Pacific Pte Ltd
Kerry Group PLC
Jiangsu Boli Bioproducts Co Ltd.
Biocatalysts Ltd.
Puratos Group

Recent Developments in the Market:

In June 2021, International Flavors & Fragrances, Inc. introduced Nurica, a dairy enzyme that naturally uses the lactose found in milk in the United States. The enzyme aids in the natural production of a higher yield of prebiotic galacto-oligosaccharides (GOS) fibres, which aid in the management of lactose intolerance and the optimization of fibre intake.
In April 2021, Biocatalysts Ltd. declared the launch of PromodTM 517MDP (P517MDP) with the objective of strengthening its Kosher and Halal-certified dairy protein enzymes.

Global Food Enzymes Market Report Scope:

Historical Data: 2019-2020-2021

Base Year for Estimation: 2021

Forecast period: 2022-2029

Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends

Segments Covered: Type, Formulation, Application, Source, Region

Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World

Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

Carbohydrase
Protease
Lipases
Others

By Formulation:

Lyophilized Powder
Liquid
Others

By Application:

Beverages
Confectionery Products
Dairy Products
Bakery Products
Meat Processing
Others

By Source:

Microorganisms
Plants
Animals

By Region:

North America
- U.S.
- Canada

Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE

Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC

Latin America
- Brazil
- Mexico
- RoLA

Rest of the World

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Food Enzymes Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Food Enzymes Market, by Type, 2019-2029 (USD Billion)
- 1.2.3. Food Enzymes Market, by Formulation, 2019-2029 (USD Billion)
- 1.2.4. Food Enzymes Market, by Application, 2019-2029 (USD Billion)
- 1.2.5. Food Enzymes Market, by Source, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Food Enzymes Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Food Enzymes Market Dynamics

3.1. Food Enzymes Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
  - 3.1.1.1. Higher disposable income
  - 3.1.1.2. Increasing demand for food enzymes by the end-use industry
- 3.1.2. Market Challenges
  - 3.1.2.1. Restricted temperature and pH operational range
  - 3.1.2.2. Stringent regulatory framework
- 3.1.3. Market Opportunities
  - 3.1.3.1. Increasing demand for various varieties of tastes and flavors
  - 3.1.3.2. Introduction of innovative technological platforms food

Chapter 4. Global Food Enzymes Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Risk Assessment: COVID-19 Impact

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Food Enzymes Market, by Type

6.1. Market Snapshot
6.2. Global Food Enzymes Market by Type, Performance - Potential Analysis
6.3. Global Food Enzymes Market Estimates & Forecasts by Type 2019-2029 (USD Billion)
6.4. Food Enzymes Market, Sub Segment Analysis
- 6.4.1. Carbohydrase
- 6.4.2. Protease
- 6.4.3. Lipases
- 6.4.4. Others

Chapter 7. Global Food Enzymes Market, by Formulation

7.1. Market Snapshot
7.2. Global Food Enzymes Market by Formulation, Performance - Potential Analysis
7.3. Global Food Enzymes Market Estimates & Forecasts by Formulation 2019-2029 (USD Billion)
7.4. Food Enzymes Market, Sub Segment Analysis
- 7.4.1. Lyophilized Powder
- 7.4.2. Liquid
- 7.4.3. Others

Chapter 8. Global Food Enzymes Market, by Application

8.1. Market Snapshot
8.2. Global Food Enzymes Market by Application, Performance - Potential Analysis
8.3. Global Food Enzymes Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
8.4. Food Enzymes Market, Sub Segment Analysis
- 8.4.1. Beverages
- 8.4.2. Confectionery Products
- 8.4.3. Dairy Products
- 8.4.4. Bakery Products
- 8.4.5. Meat Processing
- 8.4.6. Others

Chapter 9. Global Food Enzymes Market, by Source

9.1. Market Snapshot
9.2. Global Food Enzymes Market by Source, Performance - Potential Analysis
9.3. Global Food Enzymes Market Estimates & Forecasts by Source 2019-2029 (USD Billion)
9.4. Food Enzymes Market, Sub Segment Analysis
- 9.4.1. Microorganisms
- 9.4.2. Plants
- 9.4.3. Animals

Chapter 10. Global Food Enzymes Market, Regional Analysis

10.1. Food Enzymes Market, Regional Market Snapshot
10.2. North America Food Enzymes Market
- 10.2.1. U.S. Food Enzymes Market
  - 10.2.1.1. Type breakdown estimates & forecasts, 2019-2029
  - 10.2.1.2. Formulation breakdown estimates & forecasts, 2019-2029
  - 10.2.1.3. Application breakdown estimates & forecasts, 2019-2029
  - 10.2.1.4. Source breakdown estimates & forecasts, 2019-2029
- 10.2.2. Canada Food Enzymes Market
10.3. Europe Food Enzymes Market Snapshot
- 10.3.1. U.K. Food Enzymes Market
- 10.3.2. Germany Food Enzymes Market
- 10.3.3. France Food Enzymes Market
- 10.3.4. Spain Food Enzymes Market
- 10.3.5. Italy Food Enzymes Market
- 10.3.6. Rest of Europe Food Enzymes Market
10.4. Asia-Pacific Food Enzymes Market Snapshot
- 10.4.1. China Food Enzymes Market
- 10.4.2. India Food Enzymes Market
- 10.4.3. Japan Food Enzymes Market
- 10.4.4. Australia Food Enzymes Market
- 10.4.5. South Korea Food Enzymes Market
- 10.4.6. Rest of Asia Pacific Food Enzymes Market
10.5. Latin America Food Enzymes Market Snapshot
- 10.5.1. Brazil Food Enzymes Market
- 10.5.2. Mexico Food Enzymes Market
- 10.5.3. Rest of Latin America Food Enzymes Market
10.6. Rest of The World Food Enzymes Market

Chapter 11. Competitive Intelligence

11.1. Top Market Strategies
11.2. Company Profiles
- 11.2.1. DuPont de Nemours, Inc.
  - 11.2.1.1. Key Information
  - 11.2.1.2. Overview
  - 11.2.1.3. Financial (Subject to Data Availability)
  - 11.2.1.4. Product Summary
  - 11.2.1.5. Recent Developments
- 11.2.2. Associated British Foods Plc (ABF)
- 11.2.3. Koninklijke DSM N.V.
- 11.2.4. Novozymes
- 11.2.5. Chr. Hansen A/S
- 11.2.6. Brenntag Asia Pacific Pte Ltd.
- 11.2.7. Kerry Group PLC
- 11.2.8. Jiangsu Boli Bioproducts Co Ltd.
- 11.2.9. Biocatalysts Ltd.
- 11.2.10. Puratos Group

Chapter 12. Research Process

12.1. Research Process
- 12.1.1. Data Mining
- 12.1.2. Analysis
- 12.1.3. Market Estimation
- 12.1.4. Validation
- 12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Food Enzymes Market, report scope
TABLE 2. Global Food Enzymes Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Food Enzymes Market estimates & forecasts by Type 2019-2029 (USD Billion)
TABLE 4. Global Food Enzymes Market estimates & forecasts by Formulation 2019-2029 (USD Billion)
TABLE 5. Global Food Enzymes Market estimates & forecasts by Application 2019-2029 (USD Billion)
TABLE 6. Global Food Enzymes Market estimates & forecasts by Source 2019-2029 (USD Billion)
TABLE 7. Global Food Enzymes Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Food Enzymes Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Food Enzymes Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Food Enzymes Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Food Enzymes Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Food Enzymes Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Food Enzymes Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Food Enzymes Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. Global Food Enzymes Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. Global Food Enzymes Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 17. U.S. Food Enzymes Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 18. U.S. Food Enzymes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 19. U.S. Food Enzymes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 20. Canada Food Enzymes Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 21. Canada Food Enzymes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 22. Canada Food Enzymes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 23. UK Food Enzymes Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 24. UK Food Enzymes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 25. UK Food Enzymes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 26. Germany Food Enzymes Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 27. Germany Food Enzymes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 28. Germany Food Enzymes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 29. France Food Enzymes Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 30. France Food Enzymes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 31. France Food Enzymes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 32. Italy Food Enzymes Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 33. Italy Food Enzymes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 34. Italy Food Enzymes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 35. Spain Food Enzymes Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 36. Spain Food Enzymes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 37. Spain Food Enzymes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 38. RoE Food Enzymes Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 39. RoE Food Enzymes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 40. RoE Food Enzymes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 41. China Food Enzymes Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 42. China Food Enzymes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 43. China Food Enzymes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 44. India Food Enzymes Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 45. India Food Enzymes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 46. India Food Enzymes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 47. Japan Food Enzymes Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 48. Japan Food Enzymes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 49. Japan Food Enzymes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 50. South Korea Food Enzymes Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 51. South Korea Food Enzymes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 52. South Korea Food Enzymes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 53. Australia Food Enzymes Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 54. Australia Food Enzymes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 55. Australia Food Enzymes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 56. RoAPAC Food Enzymes Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 57. RoAPAC Food Enzymes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 58. RoAPAC Food Enzymes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 59. Brazil Food Enzymes Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 60. Brazil Food Enzymes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 61. Brazil Food Enzymes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 62. Mexico Food Enzymes Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 63. Mexico Food Enzymes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 64. Mexico Food Enzymes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 65. RoLA Food Enzymes Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 66. RoLA Food Enzymes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 67. RoLA Food Enzymes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 68. Row Food Enzymes Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 69. Row Food Enzymes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 70. Row Food Enzymes Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 71. List of secondary sources, used in the study of global Food Enzymes Market
TABLE 72. List of primary sources, used in the study of global Food Enzymes Market
TABLE 73. Years considered for the study
TABLE 74. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

List of figures

FIG 1. Global Food Enzymes Market, research methodology
FIG 2. Global Food Enzymes Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Food Enzymes Market, key trends 2021
FIG 5. Global Food Enzymes Market, growth prospects 2022-2029
FIG 6. Global Food Enzymes Market, porters 5 force model
FIG 7. Global Food Enzymes Market, pest analysis
FIG 8. Global Food Enzymes Market, value chain analysis
FIG 9. Global Food Enzymes Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Food Enzymes Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Food Enzymes Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Food Enzymes Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Food Enzymes Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Food Enzymes Market, regional snapshot 2019 & 2029
FIG 15. North America Food Enzymes Market 2019 & 2029 (USD Billion)
FIG 16. Europe Food Enzymes Market 2019 & 2029 (USD Billion)
FIG 17. Asia pacific Food Enzymes Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Food Enzymes Market 2019 & 2029 (USD Billion)
FIG 19. Global Food Enzymes Market, company Market share analysis (2021)