Global
Food Enzyme Market: Overview
The
food enzyme market is in growth mode due to the increasing awareness
about the health and nutritional benefits of food enzymes. This has
led to the increasing adoption of food enzymes across several food
applications such as frozen foods manufacturing industries and
packaged foods units among others. In food manufacturing units, the
use of food enzymes facilitates the process to be more
environment-friendly, thereby resulting in reduced wastage of raw
material and reduced greenhouse gas emissions.
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Food
enzymes are removed from micro-organisms using new technologies and
impart anti-stale, digestive, and softening properties to food,
thereby increasing their shelf life. Enzymes such as protease,
lipases, and carbohydrates are commonly used in bakery, meat
products, dairy and frozen foods, confectioneries, oils and fats, and
others.
The
report presents a detailed assessment of the global food enzyme
market analyzing the market indicators, market trends, and growth
opportunities that will impact the progression of the market during
the 2016-2024 period. The report is presented after an extensive
research phase and after receiving useful insights from industry
experts. The report is compiled in a chapter-wise format, with each
chapter discussing a specific aspect at length.
A
detailed analysis of the current vendor landscape is included in the
report. This includes a competitive profile of the key market players
and indices of their strengths, weakness, opportunities, and threats
during the forecast period. The report also examines the business
growth strategies and R&D activities that these companies are
engaged in by means of partnerships and alliances.
Global
Food Enzyme Market: Drivers and Restraints
The
rising demand for processed and packaged food, increasing need for
food security and waste reduction, rising consumer awareness of
nutrition-rich diet, rising penetration of organized retail channels
in urban and rural areas, and the introduction of new technologies
are the major factors driving the global
food enzyme market. However, factors such as high costs of R&D,
counterfeiting of food packaging, unclear and inconsistent regulatory
processes, restrictions pertaining to temperature and pH range, and
constraints in the brewing industry are restraining the growth of the
food enzyme market.
Global
Food Enzyme Market: Regional Overview
The
regional segments of the global food enzymes market are North
America, Asia Pacific, Europe, and Rest of the World. North America
is the largest regional market for food enzymes due to the strong
demand for healthy foods that are high in nutrition, with maximum
demand exhibited from the U.S. Asia Pacific and the rapidly
developing economies of Latin America and Africa are expected to
emerge as significant markets for food enzymes. This is mainly due to
the increasing awareness about nutrition-fortified food products and
the increasing consumption of ready to eat convenience foods.
However, Europe is expected to witness slow growth in the food
enzymes market due to the recent implementation of legislation that
gauges the risks associated with food enzymes.
Major
Companies Mentioned in Report
Some
of the leading companies operating in the global food enzyme market
are Rossari Biotech Limited, Chr. Hansen Holding A/S, Biocatalysts
Limited, Amano Enzyme Inc., Dyadic International Inc., AB Enzymes
GmbH, Shenzhen Leveking Bio-Engineering Co. Ltd., E.l. Du Pont de
Nemours & Company, Nagase Chemtex Corporation, Novozymes A/S,
Puratos Group NV, Jiangsu Boli Bioproducts Co. Ltd., Sunson Industry
Group Company Limited, Royal DSM N.V., Lumis Biotech Private Limited,
Enmex SA DE CV, Advanced Enzymes Technologies Limited, Maps Enzyme
Limited, Engrain, and AUM Enzymes.
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