Renub

    Food Enzymes Market, Size, Global Forecast 2024-2030, Industry Trends, Share, Growth, Insight, Impact of Inflation, Company Analysis

    Excel: 8 Hours
    PDF: 24 Hours
    Jan 2024
    Pages: 190

    Food Enzymes Market Outlook

    Food Enzymes Market size is expected to hit round US$ 3.31 Billion by 2030, as per Renub Research. Enzymes act as biocatalysts in metabolic and biochemical reactions and are important for sustainable increase and development of life. They are used in food upkeep and to enhance meals production's quality, stability, and efficiency. Enzymes additionally resource in nutrient extraction and recovery. Microbial enzymes are being developed to fulfill the growing demand for sustainable food.

    Enzymes are getting used increasingly more in different industries these days. The meals industry, as an instance, uses enzymes to make food products. Traditionally, enzymes used within the food industry came from plants, animals, and microbes. They are implemented in the manufacturing of dairy, meat, cereal, and confectionery products, as well as in liquids and bakery items. The use of enzymes in numerous food products has helped improve quality whilst reducing processing time and manufacturing costs.

    The meals market is incorporating foods additives to ensure meals protection and protection, leading to the surge of the food enzymes market share. Enzymes have various packages, just like the production of bread, tortillas, and trending products. Due to multiplied demand and growth of industries, the demand for food enzymes is anticipated to surpass other business enzymes. Companies focus on advertising or developing new foods enzyme compositions to cater to the rising demand.

     

    Global Food Enzymes Market Size, 2024-2030 (Billion US$)

     

    food-enzymes-market

     

    Note: The chart above shows dummy data and is only for illustration purposes. Please get in touch with us for the actual market size and trends.


    Food Enzymes Market will grow at a CAGR of 5.94% during the forecast duration 2024 to 2030

    Consumers globally are increasingly more involved approximately the importance of healthful food due to pollution, health problems, and changing consuming behavior. Food manufacturers are responding to this demand via adding enzymes to their products, which allows break down of food into vital vitamins the body needs. The demand for healthy meals is also because of government programs that teach human beings on nutrients, due to an increase in the number of working ladies, and a lack of time for meal preparation.

    The food enzyme market is specially driven by consumers' growth demand and adaptation of packaged foods products. In addition, the application of Whole Foods Market Digestive Enzymes within the fermentation market, dairy products, meat processing, and alcoholic beverages is anticipated to boost the foods enzymes market throughout the forecast period. Moreover, technological advancements in the food industry led to new types of food preparations that act as positive factors for the growth of the Digestive Enzyme Supplements market.

    Furthermore, the rising population and food requirements and growing awareness about healthy food and beverage intake are expected to propel the global food enzymes market in the coming period. However, some of the side effects associated with Whole Foods Market Digestive Enzymes and regulatory issues may be restraints for the market growth over the forecast period. Additionally, the growing population in Asia-Pacific countries has led to increased demand for Western products, new food categories, and more nuclear families. All these factors contribute to the need for enzymes in food products. As a result, nutritious food manufacturers are progressively adding enzymes into their offerings, propelling the global food enzymes market forward. Food Enzymes Market was valued at US$ 2.21 Billion in 2023.


    Carbohydrate segment will dominate the food enzymes market throughout the forecast period

    By Type, the Global Food Enzymes Market is segmented into carbohydrase, lipase, prostate, and others. The food enzymes market forecasts the continued dominance of the carbohydrate segment. This anticipation underscores the sustained demand for enzymes that facilitate the breakdown of carbohydrates, aligning with diverse applications in the food industry. As consumer preferences drive the demand for various processed foods, carbohydrates are pivotal in enhancing product quality. With their huge use in sectors like baking, brewing, and dairy, the carbohydrate segment is anticipated to stay a key participant, responding to the evolving needs of the food industry and contributing to the market's enduring growth.


    Bakery enzyme demand is rising due to consumers preferring healthy, tasty, and convenient food with good texture

    By Application, the Global Food Enzymes Market is divided into Beverages, Bakery Products, Dairy Products, and Others. The food enzymes market sturdy growth propelled with the aid of the global expansion of the bakery market. This surge reflects the growing customer demand for bakery products globally. The foods market is developing extensively due to different factors which include converting lifestyles, increasing disposable earning, and a choice for numerous and convenient food alternatives. The bakery sector's continuous innovation and an array of product offerings drive market expansion. This trend indicates the marketplace's responsiveness to evolving customer tastes and life-style styles, positioning the industry as a pivotal contributor to the overall increase and dynamics of the worldwide marketplace.


    Microorganisms are cost effective and dependable substitutes for animal and plant enzymes in various industries

    By Source, the Global Food Enzymes Market is classified into Microorganisms, Plants, and Animals. Microorganisms have emerged as cost effective and dependable alternatives to animal and plant enzymes in numerous industries. Their versatility makes them precious in meals processing, prescribed drugs, and biofuel production. With the advantage of scalability and efficient production tactics, microorganisms make contributions to sustainable and economically feasible enzyme application. This shift in the direction of microbial sources aligns with a emerging emphasis on sustainable practices, offering industries a dependable and aid-efficient option for enzyme manufacturing, fostering innovation, and meeting the evolving need of diverse sectors.


    United States of America is anticipated to preserve its dominant position inside the Food Enzymes market

    By Country, Global Food Enzymes Market is split into North America (United States, Canada), Europe (Germany, United Kingdom, France, Italy, Spain, Switzerland), Asia Pacific (Japan, China, India, Australia, South Korea, Indonesia), South America (Mexico, Brazil, Argentina), Middle East & Africa (South Africa, Saudi Arabia, United Arab Emirates), and Rest of world. The United States has the most important market percentage of the foods enzyme industry and is projected to stay dominant for the foreseeable future. This is because of the growing demand of organic foods, which has resulted in a robust market growth in the USA. Consumers increasingly more believe that natural additives are healthful and secure, which has caused an upward thrust in demand for foods enzymes within the country. The demand for premium processed foods free of chemical components has additionally increased the usage of enzymes in diverse food systems. Significant players' investments in modern solutions, such as actual enzymes, fuel the market's growth.

    The Asian-Pacific area, specially China, has emerged as the fastest-growing market for food enzymes due to several factors. One of the primary causes for this growth is the growing adoption of Western diets, which has brought about a surge in the demand for bakery products, dairy products, and drinks. Food enzyme utilization is growing to satisfy this demand as it's considered a more sustainable and safer opportunity to artificial chemical.

    Furthermore, concerns about foods safety and sustainability have caused a preference for foods enzymes over synthetic chemical substances inside the food industry. This trend is expected to continue as an increasing number of customers come to be privy to the impact of artificial components on their health and the environment. The food enzyme market in China is growing due to two main reasons. One is the better demand for processed foods because of the growing working populace. As a result, food enzymes are getting used more often to enhance processed foods high-quality and shelf existence.


    Key Player

    Advanced Enzyme Technologies, Novozymes, DuPont Danisco, Kerry Group PLC, Associated British Foods Plc, Chr. Hansen Holding A/S, Enzyme Development Corporation (EDC), and Dyadic International Inc. are the leadingplayers within the Food Enzymes market.

    BASF and Cargill have partnered up to provide enzyme solutions to animal protein producers in Jan 2023. They intention to convey modern enzyme-primarily based solutions to the market and generate value for animal feed customer.


    Renub Research latest report “Food Enzymes Market, Global Forecast by Types (Carbohydrase, Lipase, Prostate, and Others), Source (Microorganisms, Plants, and Animals), Application (Beverages, Bakery Products, Dairy Products, and Others), Country (North America (United States, Canada), Europe (Germany, United Kingdom, France, Italy, Spain, Switzerland), Asia Pacific (Japan, China, India, Australia, South Korea, Indonesia), South America (Mexico, Brazil, Argentina), Middle East & Africa (South Africa, Saudi Arabia, United Arab Emirates), and Rest of world), Company (Advanced Enzyme Technologies, Novozymes, DuPont Danisco, Kerry Group PLC, Associated British Foods Plc, Chr. Hansen Holding A/S, Enzyme Development Corporation (EDC), and Dyadic International Inc)” provides a detailed analysis of Food Enzymes Market globally.

     

    Global Food Enzymes Market Share, By Application (Percentage)

     

    food-enzymes-market-share

     

     

    Note: The chart above shows dummy data and is only for illustration purposes. Please get in touch with us for the actual market size and trends.


    By Types market has been covered from 4 viewpoints:

    1.    Carbohydrase
    2.    Lipase
    3.    Protease
    4.    Others


    By Applications has been covered from 4 viewpoints:

    1.    Beverages
    2.    Bakery Products
    3.    Dairy Products
    4.    Others


    By Source market has been covered from 3 viewpoints:

    1.    Microorganisms
    2.    Plants
    3.    Animals


    Company- Market has been covered from 21 Country Food Enzymes Industry viewpoints:

    1.    North America

    1.1    United States
    1.2    Canada

    2.    Europe

    2.1    Germany
    2.2    United Kingdom
    2.3    France
    2.4    Italy
    2.5    Spain
    2.6    Switzerland

    3.    Asia Pacific

    3.1    Japan
    3.2    China
    3.3    India
    3.4    South Korea
    3.5    Indonesia
    3.6    Australia

    4.    Latin America

    4.1    Mexico
    4.2    Brazil
    4.3    Argentina

    5.    Middle East & Africa

    5.1    Saudi Arabia
    5.2    United Arab Emirates
    5.3    South Africa

    6.    Rest of World


    Company Insights:

    •    Overview
    •    Company Initiatives
    •    Sales Analysis


    Companies Covered:

    1.    Advanced Enzyme Technologies
    2.    Novozymes
    3.    DuPont Danisco
    4.    Kerry Group PLC
    5.    Associated British Foods Plc
    6.    Chr. Hansen Holding A/S
    7.    Enzyme Development Corporation (EDC)
    8.    Dyadic International In


    Report Details:

    Report Features Details
    Base Year 2023
    Historical Period 2018 - 2023
    Forecast Period 2024 - 2030
    Market US$ Billion
    Segment Covered Type, Application, Source, and Countries
    Countries Covered United States, Canada, Germany, United Kingdom, France, Italy, Spain, Switzerland, Japan, China, India, South Korea, Indonesia, Australia, Mexico, Brazil, Argentina, Saudi Arabia, United Arab Emirates, South Africa, and Rest of World
    Companies Covered Advanced Enzyme Technologies, Novozymes, DuPont Danisco, Kerry Group PLC, Associated British Foods Plc, Chr. Hansen Holding A/S, Enzyme Development Corporation (EDC), and Dyadic International Inc
    Customization Scope 20% Free Customization
    Post-Sale Analyst Support 1 Year (52 Weeks)
    Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on request)

    1.    Introduction

    2.    Research Methodology

    3.    Executive Summary

    4.    Market Dynamics

    4.1    Growth Drivers
    4.2    Challenges


    5.    Global Food Enzymes Market

    6.    Market Share – Global Food Enzymes Market

    6.1    By Types
    6.2    By Application
    6.3    By Source
    6.4    By Countries


    7.    Types – Global Food Enzymes Market

    7.1    Carbohydrase
    7.2    Lipase
    7.3    Protease
    7.4    Others


    8.    Application –Global Food Enzymes Market

    8.1    Beverages
    8.2    Bakery Products
    8.3    Dairy Products
    8.4    Others


    9.    Source – Global Food Enzymes Market

    9.1    Microorganisms
    9.2    Animals
    9.3    Plants


    10.    Countries – Global Food Enzymes Market

    10.1    North America

    10.1.1    United States
    10.1.2    Canada

    10.2    Europe

    10.2.1    Germany
    10.2.2    United Kingdom
    10.2.3    France
    10.2.4    Italy
    10.2.5    Spain
    10.2.6    Switzerland

    10.3    Asia Pacific

    10.3.1    Japan
    10.3.2    China
    10.3.3    India
    10.3.4    South Korea
    10.3.5    Indonesia
    10.3.6    Australia

    10.4    Latin America

    10.4.1    Mexico
    10.4.2    Brazil
    10.4.3    Argentina

    10.5    Middle East & Africa

    10.5.1    Saudi Arabia
    10.5.2    United Arab Emirates
    10.5.3    South Africa

    10.6    Rest of World


    11.    Porter’s Five Forces

    11.1    Bargaining Power of Buyer
    11.2    Bargaining Power of Supplier
    11.3    Threat of New Entrants
    11.4    Rivalry among Existing Competitors
    11.5    Threat of Substitute Products


    12.    SWOT Analysis

    12.1    Strengths
    12.2    Weaknesses
    12.3    Opportunities
    12.4    Threats


    13.    Key Players Analysis

    13.1    Advanced Enzyme Technologies

    13.1.1    Overviews
    13.1.2    Recent Developments
    13.1.3    Revenues

    13.2    Novozymes

    13.2.1    Overviews
    13.2.2    Recent Developments
    13.2.3    Revenues

    13.3    DuPont Danisco

    13.3.1    Overviews
    13.3.2    Recent Developments
    13.3.3    Revenues

    13.4    Kerry Group PLC

    13.4.1    Overviews
    13.4.2    Recent Developments
    13.4.3    Revenues

    13.5    Associated British Foods Plc.

    13.5.1    Overviews
    13.5.2    Recent Developments
    13.5.3    Revenues

    13.6    Chr. Hansen Holding A/S

    13.6.1    Overviews
    13.6.2    Recent Developments
    13.6.3    Revenues

    13.7    Enzyme Development Corporation (EDC)

    13.7.1    Overviews
    13.7.2    Recent Developments
    13.7.3    Revenues

    13.8    Dyadic International, Inc

    13.8.1    Overviews
    13.8.2    Recent Developments
    13.8.3    Revenues


    List of Figures:

    Figure-01:    Global – Food Enzymes Market (Billion US$), 2019 – 2023
    Figure-02:    Global – Forecast for Food Enzymes Market (Billion US$), 2024 – 2030
    Figure-03:    Type – Carbohydrase Market (Million US$), 2019 – 2023
    Figure-04:    Type – Forecast for Carbohydrase Market (Million US$), 2024 – 2030
    Figure-05:    Type – Lipase Market (Million US$), 2019 – 2023
    Figure-06:    Type – Forecast for Lipase Market (Million US$), 2024 – 2030
    Figure-07:    Type – Protease Market (Million US$), 2019 – 2023
    Figure-08:    Type – Forecast for Protease Market (Million US$), 2024 – 2030
    Figure-09:    Type – Others Market (Million US$), 2019 – 2023
    Figure-10:    Type – Forecast for Others Market (Million US$), 2024 – 2030
    Figure-11:    Application – Beverages Market (Million US$), 2019 – 2023
    Figure-12:    Application – Forecast for Beverages Market (Million US$), 2024 – 2030
    Figure-13:    Application – Bakery Products Market (Million US$), 2019 – 2023
    Figure-14:    Application – Forecast for Bakery Products Market (Million US$), 2024 – 2030
    Figure-15:    Application – Dairy Products Market (Million US$), 2019 – 2023
    Figure-16:    Application – Forecast for Dairy Products Market (Million US$), 2024 – 2030
    Figure-17:    Application – Others Market (Million US$), 2019 – 2023
    Figure-18:    Application – Forecast for Others Market (Million US$), 2024 – 2030
    Figure-19:    Source – Microorganisms Market (Million US$), 2019 – 2023
    Figure-20:    Source – Forecast for Microorganisms Market (Million US$), 2024 – 2030
    Figure-21:    Source – Animals Market (Million US$), 2019 – 2023
    Figure-22:    Source – Forecast for Animals Market (Million US$), 2024 – 2030
    Figure-23:    Source – Plants Market (Million US$), 2019 – 2023
    Figure-24:    Source – Forecast for Plants Market (Million US$), 2024 – 2030
    Figure-25:    United States – Food Enzymes Market (Million US$), 2019 – 2023
    Figure-26:    United States – Forecast for Food Enzymes Market (Million US$), 2024 – 2030
    Figure-27:    Canada – Food Enzymes Market (Million US$), 2019 – 2023
    Figure-28:    Canada – Forecast for Food Enzymes Market (Million US$), 2024 – 2030
    Figure-29:    Germany – Food Enzymes Market (Million US$), 2019 – 2023
    Figure-30:    Germany – Forecast for Food Enzymes Market (Million US$), 2024 – 2030
    Figure-31:    United Kingdom – Food Enzymes Market (Million US$), 2019 – 2023
    Figure-32:    United Kingdom – Forecast for Food Enzymes Market (Million US$), 2024 – 2030
    Figure-33:    France – Food Enzymes Market (Million US$), 2019 – 2023
    Figure-34:    France – Forecast for Food Enzymes Market (Million US$), 2024 – 2030
    Figure-35:    Italy – Food Enzymes Market (Million US$), 2019 – 2023
    Figure-36:    Italy – Forecast for Food Enzymes Market (Million US$), 2024 – 2030
    Figure-37:    Spain – Food Enzymes Market (Million US$), 2019 – 2023
    Figure-38:    Spain – Forecast for Food Enzymes Market (Million US$), 2024 – 2030
    Figure-39:    Switzerland – Food Enzymes Market (Million US$), 2019 – 2023
    Figure-40:    Switzerland – Forecast for Food Enzymes Market (Million US$), 2024 – 2030
    Figure-41:    Japan – Food Enzymes Market (Million US$), 2019 – 2023
    Figure-42:    Japan – Forecast for Food Enzymes Market (Million US$), 2024 – 2030
    Figure-43:    China – Food Enzymes Market (Million US$), 2019 – 2023
    Figure-44:    China – Forecast for Food Enzymes Market (Million US$), 2024 – 2030
    Figure-45:    India – Food Enzymes Market (Million US$), 2019 – 2023
    Figure-46:    India – Forecast for Food Enzymes Market (Million US$), 2024 – 2030
    Figure-47:    South Korea – Food Enzymes Market (Million US$), 2019 – 2023
    Figure-48:    South Korea – Forecast for Food Enzymes Market (Million US$), 2024 – 2030
    Figure-49:    Indonesia – Food Enzymes Market (Million US$), 2019 – 2023
    Figure-50:    Indonesia – Forecast for Food Enzymes Market (Million US$), 2024 – 2030
    Figure-51:    Australia – Food Enzymes Market (Million US$), 2019 – 2023
    Figure-52:    Australia – Forecast for Food Enzymes Market (Million US$), 2024 – 2030
    Figure-53:    Mexico – Food Enzymes Market (Million US$), 2019 – 2023
    Figure-54:    Mexico – Forecast for Food Enzymes Market (Million US$), 2024 – 2030
    Figure-55:    Brazil – Food Enzymes Market (Million US$), 2019 – 2023
    Figure-56:    Brazil – Forecast for Food Enzymes Market (Million US$), 2024 – 2030
    Figure-57:    Argentina – Food Enzymes Market (Million US$), 2019 – 2023
    Figure-58:    Argentina – Forecast for Food Enzymes Market (Million US$), 2024 – 2030
    Figure-59:    Saudi Arabia – Food Enzymes Market (Million US$), 2019 – 2023
    Figure-60:    Saudi Arabia – Forecast for Food Enzymes Market (Million US$), 2024 – 2030
    Figure-61:    United Arab Emirates – Food Enzymes Market (Million US$), 2019 – 2023
    Figure-62:    United Arab Emirates – Forecast for Food Enzymes Market (Million US$), 2024 – 2030
    Figure-63:    South Africa – Food Enzymes Market (Million US$), 2019 – 2023
    Figure-64:    South Africa – Forecast for Food Enzymes Market (Million US$), 2024 – 2030
    Figure-65:    Rest of world – Food Enzymes Market (Million US$), 2019 – 2023
    Figure-66:    Rest of world – Forecast for Food Enzymes Market (Million US$), 2024 – 2030
    Figure-67:    Advanced Enzyme Technologies – Global Revenue (Million US$), 2019 – 2023
    Figure-68:    Advanced Enzyme Technologies – Forecast for Global Revenue (Million US$), 2024 – 2030
    Figure-69:    Novozymes – Global Revenue (Million US$), 2019 – 2023
    Figure-70:    Novozymes – Forecast for Global Revenue (Million US$), 2024 – 2030
    Figure-71:    DuPont Danisco – Global Revenue (Million US$), 2019 – 2023
    Figure-72:    DuPont Danisco – Forecast for Global Revenue (Million US$), 2024 – 2030
    Figure-73:    Kerry Group PLC – Global Revenue (Million US$), 2019 – 2023
    Figure-74:    Kerry Group PLC – Forecast for Global Revenue (Million US$), 2024 – 2030
    Figure-75:    Associated British Foods Plc. – Global Revenue (Million US$), 2019 – 2023
    Figure-76:    Associated British Foods Plc. – Forecast for Global Revenue (Million US$), 2024 – 2030
    Figure-77:    Chr. Hansen Holding A/S – Global Revenue (Million US$), 2019 – 2023
    Figure-78:    Chr. Hansen Holding A/S – Forecast for Global Revenue (Million US$), 2024 – 2030
    Figure-79:    Enzyme Development Corporation (EDC) – Global Revenue (Million US$), 2019 – 2023
    Figure-80:    Enzyme Development Corporation (EDC) – Forecast for Global Revenue (Million US$), 2024 – 2030
    Figure-81:    Dyadic International, Inc – Global Revenue (Million US$), 2019 – 2023
    Figure-82:    Dyadic International, Inc – Forecast for Global Revenue (Million US$), 2024 – 2030


    List of Tables:

    Table-01:    Global – Food Enzymes Market Share by Type (Percent), 2019 – 2023
    Table-02:    Global – Forecast for Food Enzymes Market Share by Type (Percent), 2024 – 2030
    Table-03:    Global – Food Enzymes Market Share by Application (Percent), 2019 – 2023
    Table-04:    Global – Forecast for Food Enzymes Market Share by Application (Percent), 2024 – 2030
    Table-05:    Global – Food Enzymes Market Share by Source (Percent), 2019 – 2023
    Table-06:    Global – Forecast for Food Enzymes Market Share by Source (Percent), 2024 – 2030
    Table-07:    Global – Food Enzymes Market Share by Countries (Percent), 2019 – 2023
    Table-08:    Global – Forecast for Food Enzymes Market Share by Countries (Percent), 2024 – 2030

    Related Reports