According to the TechSci Research report titled “Global Food Enzymes Market – Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028,” the Global Food Enzymes Market attained a value of USD 2.45 Billion in 2022 and is projected to experience growth at a Compound Annual Growth Rate (CAGR) of 5.08% within the forecast period from 2024 to 2028. A discernible upswing in the demand for high-quality food and beverages on a global scale, with an emphasis on both taste and nutritional content, has been observed. Consumers are shifting their preferences from ordinary staple foods to nutrient-enhanced and healthful products, leading to an augmented requirement for enzymes within the food and beverages sector. Food enzymes play a pivotal role in various food processing activities, encompassing protein and starch processing, along with enhancing raw material processing for dairy and alcohol fermentation. Notably, enzymes have a significant role to play in baking. Consequently, the adoption of food enzymes is expected to witness substantial traction in the future, given their broad spectrum of applications and high production efficiency.
As the significance of health-conscious dietary choices steadily escalates among global consumers, it has led to an amplification in nutritional awareness. This awareness is intertwined with factors such as development, pollution, health issues, and evolving dietary habits.
Moreover, governmental initiatives aimed at imparting nutritional knowledge to rural populations, the rise in working women and qualified individuals, and time constraints influencing meal preparation have collectively contributed to the burgeoning demand for wholesome food options. Concurrently, the swelling population in Asia-Pacific nations, the introduction of novel food categories, the availability of Western products, and the rise of nuclear families have further propelled the appetite for nourishing foods.
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Each of these contributory factors underscores the necessity of enzymes in the production of nutritionally enriched food items. Enzymes serve to enhance nutrient content and facilitate food digestion, breaking down foods into recombinant proteins, lipids, and carbohydrates for enhanced nourishment. Furthermore, as the populace gravitates towards more substantial food categories and places heightened importance on health considerations, consumers are increasingly seeking nutritionally rich and wholehearted dietary alternatives. This shift has prompted heightened production efforts by food manufacturers, who are integrating enzymes into their offerings to address the nutritional needs of the populace. Consequently, the global food enzymes market is witnessing significant growth.
Fermented foods and beverages are derived through the process of fermentation, during which microorganisms such as yeast and bacteria break down components of food, such as sugars like glucose, into other products like organic acids, gases, or alcohol. This fermentation process imparts distinctive and desirable taste, aroma, texture, and appearance to these edibles.
In recent times, the growing awareness regarding health among consumers has engendered an escalating demand for fermented foods and beverages. The presence of beneficial bacteria in these fermented products affords various health benefits. Improved gut functionality stands as one of the advantages attributed to the consumption of fermented foods and beverages. Given that digestive disorders, obesity, and diabetes loom as significant concerns for consumers, they have adopted a more mindful approach towards their dietary habits and predilections.
The expeditiously expanding food processing industry, coupled with the increasing consumer consciousness regarding nutritional offerings, serves as the driving force behind market expansion. The demand for nutrient-dense, top-notch food and beverages is on the rise. Additionally, the shift in consumer dietary preferences towards natural, organic, and chemical-free foods has propelled the integration of food enzymes. Furthermore, the surging demand for frozen and processed food products is propelling the growth of the Food Enzymes Market. Moreover, the beverage industry is witnessing an augmented consumption of both alcoholic and non-alcoholic beverages, thereby amplifying the utilization of food enzymes.
The Global Food Enzymes Market is segmented based on type, application, source, regional distribution, and company. In terms of type, the carbohydrase segment is poised to dominate the global food enzymes market in the forecasted year. Among the various food enzyme categories, carbohydrases commanded the lion’s share of the market in 2022 and are anticipated to maintain their dominance throughout the forecast period. Carbohydrase enzymes, particularly crucial in the baking and brewing industries, facilitate the conversion of carbohydrates into simpler sugars. Amylase, a subtype of carbohydrase enzyme, is significantly employed in the production of bakery products and is also utilized in the beverage sector for beer formulation. In addition to carbohydrases, proteases and lipases find common applications in the dairy sector.
In terms of region, the North America segment is poised for growth during the forecast period. North America commands the highest market share in the food enzymes market, driven by the escalating adoption of naturally derived food items. The region is projected to maintain its dominance throughout the projected period. The mounting consumer perception that organic additives are both healthful and safe is propelling the demand for food enzymes in North America.
The demand for premium processed meals devoid of chemical additives has prompted the widespread incorporation of enzymes across various food systems. Key players in the industry are directing more investments into novel solutions, such as high-precision enzymes, thereby contributing to the market’s expansion within the region.
Furthermore, the Asia Pacific region is undergoing rapid growth in the food enzyme market, primarily owing to the flourishing food and beverage industry. The region’s adoption of Western diets, combined with the surging demand for bread items, dairy products, and beverages, is propelling the market forward. These products are anticipated to increasingly incorporate food enzymes rather than synthetic chemicals, reflecting growing concerns regarding sustainability and food safety. The burgeoning working population is also projected to bolster the demand for processed food, directly contributing to market growth in the Asia Pacific region.
Major companies operating in Global Food Enzymes Market are:
- DuPont de Nemours, Inc.
- Amway, BASF
- DSM, Novozymes
- Chr. Hansen
- Kerry Group
- Puratos Group
- Advanced Enzyme Tech
- Sequence Biotech
- Amano Enzyme
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“Food enzyme manufacturers are diligently working towards developing enzymes that can function effectively across a wide range of temperatures and pH levels. However, there is still considerable progress to be made before enzymes can be widely utilized in all food and beverage manufacturing processes, which is hindering market growth. Various technological licensors are providing small-scale manufacturers with the opportunity to produce programmable enzymes that can be scaled up to meet the demand for large volumes. One such licensor is Dyadic International Inc., which offers its C1 platform technology to smaller players, empowering them to produce substantial quantities of high-mobility food enzymes on-site.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.
“Global Food Enzymes Market By Type (Carbohydrase, Lipase, Protease, Others), By Application (Bakery Products, Beverages, Dairy Products, Others), By Source (Microorganisms, Animals, Plants), By Region, By Competition Forecast & Opportunities, 2018-2028F”, has evaluated the future growth potential of Global Food Enzymes Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Food Enzymes Market.
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