Food Enzymes Market Size to grow by USD 991.8 million between 2024-2028
According to a research report “ Food Enzymes Market” by Application (Processed foods, Beverages, Animal feed and poultry, Dairy, Bakery) Product (Carbohydrases, Protease, Lipase, Others) Geography (North America, APAC, Europe, South America, Middle East and Africa)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 991.8 million, at a CAGR of almost 6.45% during the forecast period. The food enzymes market holds significant potential in the beverage industry due to their efficacious role in the production of both alcoholic and non-alcoholic beverages. In the brewing sector, enzymes such as beta-glucanase, protease, alpha-amylase, and beta-amylase are extensively utilized. These enzymes contribute to enhancing beer quality by facilitating clarification, color improvement, texture optimization, and flavor development. Furthermore, food enzymes are indispensable in the extraction of fruit and vegetable juices. Pectinases, for instance, are employed in the production of apple, pear, and various other fruit juices, as well as in the extraction of juice from berries and tropical fruits.
Browse market data tables, figures, and in-depth TOC on “Food Enzymes Market” by Application (Processed foods, Beverages, Animal feed and poultry, Dairy, Bakery) Product (Carbohydrases, Protease, Lipase, Others) Geography (North America, APAC, Europe, South America, Middle East and Africa) Global Forecast to 2028. Download Free Sample
By Application, the Processed foods segment is projected to dominate the market size in 2024
In the global food enzymes market, carbohydrases held the largest market share in 2023 and are projected to maintain this position throughout the forecast period. Carbohydrases, which include alpha- and beta-amylase, glucoamylase, cellulases, lactase, hemicellulases (including xylanases and others), glucose isomerase, pectinase, and other enzymes, are essential for breaking down complex carbohydrates into simpler units. These units serve as key ingredients in the food and beverage, nutraceuticals, and animal feed industries. The continuous expansion of the brewery and dairy sectors, coupled with the increasing demand for enzymes such as amylase, alpha-galactosidase, and lactase, is driving the growth of the carbohydrases segment in the food enzymes market.
By Product, Carbohydrases segment is expected to hold the largest market size for the year 2024
The processed food sector represents the largest market segment for food enzymes, accounting for significant revenue share throughout the forecast period. Food-grade enzymes are employed extensively in the production of processed foods, including breakfast cereals, canned vegetables, bread, and convenience meals, to break down proteins, carbohydrates, and starch into simpler components. The increasing preference for convenient and time-saving food options, coupled with hectic lifestyles and rising disposable incomes, has fueled the consumption of processed foods. Cereal grains, such as wheat, barley, maize, corn, and sorghum, form the basis of many processed foods due to their high protein and carbohydrate content. These nutrients contribute to the prevention of various health issues, including cancer, colon disorders, and diabetes, while providing essential lipids, minerals, and vitamins.
North America is forecasted to hold the largest market size by region in 2024
The North American region dominates the global food enzymes market in 2023, accounting for the largest market share. This trend is anticipated to continue throughout the forecast period. The region's leadership position can be attributed to its robust food and beverage industry, which fosters demand for food enzymes. Additionally, changing lifestyles and increasing disposable income of consumers in the US, Canada, and Mexico further fuel market growth. Key players, including Archer Daniels Midland Co., DuPont de Nemours Inc., BASF SE, and Dyadic International Inc., capitalize on these opportunities to expand their market presence in the region.
The Food Enzymes Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:
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Research Analysis Overview
Food enzymes play a crucial role in the processing of various food items, contributing to tenderization, coagulation, preservation, fragrance, and other essential qualities. These catalyzers, produced by genetically modified microbes or through enzyme synthesis, significantly impact the food industry. In baking, food enzymes enhance the production of doughnuts, pastries, bread, and cakes by improving texture, color, and flavor. In the alcohol industry, they are used for the conversion of starch into fermentable sugars. In convenience food production, they help extend shelf life and enhance reaction rates under specific pH, temperature, and thermal agitation conditions. Chemical additives like potassium bromates have been replaced by food enzymes to improve dough elasticity and strength. Food enzyme manufacturers ensure the highest quality and variety of enzymes to cater to diverse food applications. Enzymes influence texture, color, flavor, and preservation in processed foods, ensuring consumer satisfaction while maintaining food safety and quality. Food enzymes' role in preservation, coagulation, and tenderization is essential in various food applications, making them indispensable in the modern food industry.
Market Research Overview
The Food Enzymes Market is a significant sector in the food industry, involving the use of enzymes derived from animals, plants, and microorganisms such as yeast, fungi, and bacteria, for various applications in dairy products, beverages, baking, and other processed foods. The biosynthesis of these enzymes often involves fermentation techniques using microorganisms, which catalyze biochemical reactions and act as biocatalysts. Enzymes like Lipase, Protease, Amylase, and Carbohydrase play crucial roles in the conversion of raw materials, such as milk, starch, and proteins, into desired food products. For instance, Alcohol fermentation using yeast is essential in the beverage industry for beer formulation, while proteolytic enzymes are used in cheese manufacturing for coagulation and tenderization. The food enzymes market includes applications in various sectors like dairy, baking, and the beverage industry. Enzymes like Pullulanases, Mannanases, Lactases, Pectinases, Cellulases, and Amylases are widely used in starch processing, protein processing, and carbohydrate conversion. These enzymes improve the nutritional content, taste, texture, color, and shelf life of food products. The adoption of food enzymes is driven by consumer preferences for healthy food additives and processing aids, as well as the need for convenience food, frozen food products, canned food, and ready-to-eat meals. Regulations regarding food safety, toxicity, and the use of genetically modified microbes and chemical additives like potassium bromates are essential considerations in the food enzyme market. The food enzyme market is diverse, with a variety of applications and manufacturers, including C1 platform technology and companies specializing in enzyme synthesis. Factors such as pH stability, reaction rate, temperature, and environmental conditions influence the efficiency and effectiveness of food enzymes. Ultimately, food enzymes play a vital role in the processing of food, ensuring quality, variety, and consumer satisfaction.
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