Food Enzymes market is expected to grow at a CAGR of 6.25 % during the forecast period (2022-2029)
Global Food Enzymes Market
An enzyme is a protein with catalytic properties due to its power of specific activation. Food enzymes speed up and target chemical reactions in food and beverages. They can be extracted from plants or animals or by fermentation from micro-organisms. They aid many processes such as digestion, metabolism. These enzymes have the ability to improve digestion, decrease inflammation, ease arthritis pain and reduce related to IBS. Enzymes play a crucial role in processing of many food/beverages products produced at industrial level. Food enzymes are mainly used in baking industry, in manufacturing of juices, wine processing and in cheese manufacturing. The usage of food enzymes in production process can improve environmental performance of production process through lower energy consumption and biodegradability.
Growth in food & beverage industry along with rising interest towards food flavoring, texture, and quality are driving the global food enzymes market
Increasing production of processed food & beverages and growing adoption of food enzymes as a key ingredient in production process is major factor driving the global food enzymes market. Changing lifestyle and food habits led consumer to prefer processed food over home-made food. These enzymes pivotal role in production of beer and other types of malted liquor such as whiskey. Food enzymes support brewers in reducing production time and cost through delivering same quality of products. Increasing government regulations over reduction of Co2 emissions from industrial centers and changing beverages manufacturer interests towards adoption of innovative ingredients is further expected to boost the consumption of food enzymes globally during forecast period.
High cost and health-related side effects through excessive consumption of food enzymes are primary factors hindering the growth of food enzymes market globally. Excessive consumption of food enzymes may result in severe conditions such as allergies, abdominal pain, gas and diarrhea.
Development of human milk fat substitutes is expected to boost lipase market
Commercial lipases are used as a flavor development agent in dairy products and processing of other foods such as meat, vegetables, fruit, baked foods, milk products and beer. New lipases are being developed to create new functional ingredients and functional foods such as human milk ft equivalents. Increasing utilization of lipase as a key ingredient in the production of dairy products, baking, human milk substitutes, egg processing and edible oil is expected to boost food lipase market globally during forecast. Furthermore, growing developments of high value products such as human milk fat substitutes, and other functional lipids in the food and nutraceutical segments is predicted to boost the lipase market globally during forecast period.
North America to dominate the global food enzymes market
DMI segments the Global Food Enzymes Market into – North America, South America, Europe, Asia-Pacific (APAC), and Middle East and Africa.
North America is dominating the global food enzymes market owing to high presence of food and beverages industries and increasing adoption of future sustainable food technologies by these manufacturers. Increasing production of fruit juices across the U.S and increased consumption of enzyme technology by the producer to boost yield, capacity and product quality is further expected to drive the market for food enzymes globally during forecast period. Additionally, presence of well-established bakery and confectionery industry and increasing adoption of food enzymes to produce high quality, fresh and high-shelf is expected to boost consumption of food enzymes in North America during forecast period.
The global food enzymes market is consolidated and is experiencing new innovation in food-specific enzymes
The global food enzymes market is consolidated with 3-4 major companies occupying significant amount of market share. Key market players include – Advanced Enzyme Tech, AB Enzymes, DuPont Industrial Biosciences, Koninklijke DSM N.V., Amway, BIO-CAT, and Novozymes A/S.
New product launches with novel technologies to cater growing demand of product specific enzymes are the key strategies adopted by the prominent players in the global food enzymes market. In September 2019, Dupont Nutrition & Biosciences launched Dupont Danisco Powerpasta to cater growing consumer demand for cost-effective ingredients in global pasta sector. Powerpasta helps in maintaining serving and texture qualities, authenticity pastas from pack to plate.
Food Enzymes Market Taxonomy:
By Product Type
Get free insights report on Food Enzymes Market
About: DataM Intelligence
DataM Intelligence was established on an elemental idea of publishing Advanced Market Research Reports with precise data points & utmost accuracy that will accelerate the decision making in designing disruptive solutions. This aids us in providing the detail scenario of the present and future of the market.
For more insights, please visit, https://www.datamintelligence.com/
Tags: #foodenzymesmarket, #foodenzymessize, #foodenzymesoutlook, #foodenzymesshare, #foodenzymesforecast, #foodenzymesanalysis, #foodenzymestrends, #foodenzymesgrowth