PUBLISHER: IMARC | PRODUCT CODE: 1308511
PUBLISHER: IMARC | PRODUCT CODE: 1308511
Food Enzymes Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Overview:
The global food enzymes market size reached US$ 3.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 5.1 Billion by 2028, exhibiting a growth rate (CAGR) of 6.9% during 2023-2028.
Food enzymes are biocatalysts that are used to break down nutrients such as proteins, carbohydrates, fats and vitamins, into simpler forms. Enzymes such as protease, amylase and lipase are also used for preservation, coagulation and tenderization of beverages, bakery and dairy products. They aid in improving the flavor, texture and fragrance of the products and are primarily manufactured using plants, animals and microbes such as yeast through the process of fermentation. These sources are considered to enhance the nutritive value of the food and produce desirable aromas in various edible products.
The thriving food processing industry, along with growing consumer awareness for nutritional products, is the key factor driving the growth of the market. There is an increasing demand for nutrient-rich and high-quality food and beverages. Also, shifting dietary preferences of consumer toward natural, organic and chemical-free food has alleviated the adoption of food enzymes. Furthermore, the rising demand for frozen and processed food products is also favoring the market growth. Consumers are increasingly opting for on-the-go and convenience food products owing to their changing lifestyles and busy schedules. Additionally, increasing beverage consumption, including both alcoholic and non-alcoholic, has enhanced the usage of food enzymes in the beverage industry. Various food enzymes are used for the extraction of fruit and vegetable juices. In the wine industry, they are utilized for the process of clarification and filtration and increasing juice yield. Apart from this, extensive research and development (R&D) activities for waste reduction and enhancing food security and safety are further catalyzing the growth of the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global food enzymes market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on type, source, formulation and application.
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:
Global Food Enzymes Market Share, By Region (in %)
North America
Latin America
Europe
Asia-Pacific
Middle East & Africa
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North America
Europe
Asia Pacific
Middle East and Africa
Latin America
Competitive Landscape:
The report has also analyzed the competitive landscape of the market with some of the key players being DuPont de Nemours, Inc., Amway, BASF, DSM, Novozymes, Chr. Hansen, Kerry Group, Biocatalysts, Puratos Group, Advanced Enzyme Tech, Sequence Biotech, Amano Enzyme, Aum Enzymes, Bioseutica and Dyadic International Inc., etc.
Key Questions Answered in This Report:
- How has the global food enzymes market performed so far and how will it perform in the coming years?
- What are the key regional markets in the global food enzymes industry?
- What has been the impact of COVID-19 on the global food enzymes industry?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the source?
- What is the breakup of the market based on the formulation?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the global food enzymes industry?
- What are the key driving factors and challenges in the global food enzymes industry?
- What is the structure of the global food enzymes industry and who are the key players?
- What is the degree of competition in the global food enzymes industry?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Food Enzymes Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Breakup by Type
- 5.5 Market Breakup by Source
- 5.6 Market Breakup by Formulation
- 5.7 Market Breakup by Application
- 5.8 Market Breakup by Region
- 5.9 Market Forecast
6 Market Breakup by Type
- 6.1 Carbohydrase
- 6.1.1 Market Trends
- 6.1.2 Major Types
- 6.1.2.1 Amylase
- 6.1.2.2 Cellulase
- 6.1.2.3 Lactase
- 6.1.2.4 Pectinase
- 6.1.2.5 Others
- 6.1.3 Market Forecast
- 6.2 Protease
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Lipase
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Others
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
7 Market Breakup by Source
- 7.1 Microorganisms
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Plants
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Animals
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
8 Market Breakup by Formulation
- 8.1 Powder
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Liquid
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Others
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
9 Market Breakup by Application
- 9.1 Beverages
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Processed Foods
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 Dairy Products
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
- 9.4 Bakery Products
- 9.4.1 Market Trends
- 9.4.2 Market Forecast
- 9.5 Confectionery Products
- 9.5.1 Market Trends
- 9.5.2 Market Forecast
- 9.6 Others
- 9.6.1 Market Trends
- 9.6.2 Market Forecast
10 Market Breakup by Region
- 10.1 North America
- 10.1.1 Market Trends
- 10.1.2 Market Forecast
- 10.2 Europe
- 10.2.1 Market Trends
- 10.2.2 Market Forecast
- 10.3 Asia Pacific
- 10.3.1 Market Trends
- 10.3.2 Market Forecast
- 10.4 Middle East and Africa
- 10.4.1 Market Trends
- 10.4.2 Market Forecast
- 10.5 Latin America
- 10.5.1 Market Trends
- 10.5.2 Market Forecast
11 SWOT Analysis
- 11.1 Overview
- 11.2 Strengths
- 11.3 Weaknesses
- 11.4 Opportunities
- 11.5 Threats
12 Value Chain Analysis
13 Porter's Five Forces Analysis
- 13.1 Overview
- 13.2 Bargaining Power of Buyers
- 13.3 Bargaining Power of Suppliers
- 13.4 Degree of Competition
- 13.5 Threat of New Entrants
- 13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
- 15.1 Market Structure
- 15.2 Key Players
- 15.3 Profiles of Key Players
- 15.3.1 DuPont de Nemours, Inc.
- 15.3.2 Amway
- 15.3.3 BASF
- 15.3.4 DSM
- 15.3.5 Novozymes
- 15.3.6 Chr. Hansen
- 15.3.7 Kerry Group
- 15.3.8 Biocatalysts
- 15.3.9 Puratos Group
- 15.3.10 Advanced Enzyme Tech
- 15.3.11 Sequence Biotech
- 15.3.12 Amano Enzyme
- 15.3.13 Aum Enzymes
- 15.3.14 Bioseutica
- 15.3.15 Dyadic International Inc.
List of Figures
- Figure 1: Global: Food Enzymes Market: Major Drivers and Challenges
- Figure 2: Global: Food Enzymes Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Food Enzymes Market: Breakup by Type (in %), 2022
- Figure 4: Global: Food Enzymes Market: Breakup by Source (in %), 2022
- Figure 5: Global: Food Enzymes Market: Breakup by Formulation (in %), 2022
- Figure 6: Global: Food Enzymes Market: Breakup by Application (in %), 2022
- Figure 7: Global: Food Enzymes Market: Breakup by Region (in %), 2022
- Figure 8: Global: Food Enzymes Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 9: Global: Food Enzymes Industry: SWOT Analysis
- Figure 10: Global: Food Enzymes Industry: Value Chain Analysis
- Figure 11: Global: Food Enzymes Industry: Porter's Five Forces Analysis
- Figure 12: Global: Food Enzymes (Carbohydrase) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 13: Global: Food Enzymes (Carbohydrase) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 14: Global: Food Enzymes (Protease) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 15: Global: Food Enzymes (Protease) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 16: Global: Food Enzymes (Lipase) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 17: Global: Food Enzymes (Lipase) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 18: Global: Food Enzymes (Other Types) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 19: Global: Food Enzymes (Other Types) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 20: Global: Food Enzymes (Microorganisms) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 21: Global: Food Enzymes (Microorganisms) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 22: Global: Food Enzymes (Plants) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 23: Global: Food Enzymes (Plants) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 24: Global: Food Enzymes (Animals) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 25: Global: Food Enzymes (Animals) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 26: Global: Food Enzymes (Powder) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 27: Global: Food Enzymes (Powder) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 28: Global: Food Enzymes (Liquid) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 29: Global: Food Enzymes (Liquid) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 30: Global: Food Enzymes (Other Formulations) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 31: Global: Food Enzymes (Other Formulations) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 32: Global: Food Enzymes (Beverages) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 33: Global: Food Enzymes (Beverages) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 34: Global: Food Enzymes (Processed Foods) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 35: Global: Food Enzymes (Processed Foods) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 36: Global: Food Enzymes (Dairy Products) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 37: Global: Food Enzymes (Dairy Products) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 38: Global: Food Enzymes (Bakery Products) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 39: Global: Food Enzymes (Bakery Products) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 40: Global: Food Enzymes (Confectionery Products) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 41: Global: Food Enzymes (Confectionery Products) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 42: Global: Food Enzymes (Other Applications) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 43: Global: Food Enzymes (Other Applications) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 44: North America: Food Enzymes Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 45: North America: Food Enzymes Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 46: Europe: Food Enzymes Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 47: Europe: Food Enzymes Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 48: Asia Pacific: Food Enzymes Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 49: Asia Pacific: Food Enzymes Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 50: Middle East and Africa: Food Enzymes Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 51: Middle East and Africa: Food Enzymes Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 52: Latin America: Food Enzymes Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 53: Latin America: Food Enzymes Market Forecast: Sales Value (in Billion US$), 2023-2028
List of Tables
- Table 1: Global: Food Enzymes Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Food Enzymes Market Forecast: Breakup by Type (in Billion US$), 2023-2028
- Table 3: Global: Food Enzymes Market Forecast: Breakup by Source (in Billion US$), 2023-2028
- Table 4: Global: Food Enzymes Market Forecast: Breakup by Formulation (in Billion US$), 2023-2028
- Table 5: Global: Food Enzymes Market Forecast: Breakup by Application (in Billion US$), 2023-2028
- Table 6: Global: Food Enzymes Market Forecast: Breakup by Region (in Billion US$), 2023-2028
- Table 7: Global: Food Enzymes Market Structure
- Table 8: Global: Food Enzymes Market: Key Players
