Market Research Report
Europe Food Enzymes Market Forecast 2019-2027
|Published by||Inkwood Research||Product code||904355|
|Published||Content info||77 Pages
Delivery time: 2-3 business days
|Europe Food Enzymes Market Forecast 2019-2027|
|Published: August 7, 2019||Content info: 77 Pages||
The Europe food enzymes market was valued at $XX million in 2018 and is expected to generate a revenue of $XX million by 2027. The market is expected to flourish with CAGR of 3.44% for the forecast period of 2019-2027. The technological advancements, together with changing lifestyles & food habits of people, attribute to the massive growth of the food enzymes market.
The Europe food enzymes market is primarily influenced by the market trends across European countries such as Russia, Germany, United Kingdom, France, Italy, Spain, and Rest of Europe. The increasing demand for processed foods, the growing beverages sector, especially the beer industry, is driving the need for enzymes in the economies of Spain & Italy, in turn fuelling the market growth in the region. On the other hand, the surging demand for diversified packaged food products with increased shelf-life and nutritional value is driving the food enzymes demand in Russia, thereby boosting its market growth. Also, the presence of leading companies in the region is further elevating the growth of food enzymes market.
DowDuPont, Aum Enzymes, Novozymes A/S., Amano Enzyme Co., Ltd., BASF, Royal Dsm N.V., Advanced Enzyme Technologies Ltd., Associated British Foods PLC, Kerry Group PLC (Kerry Group), and Chr. Hansen Holding A/S are some of the significant companies operating in the market. These eminent players are investing hugely into the R&D activities and formulating innovative crafty products to serve the consumers' demand.