Americas Enzymes Market

Americas Enzymes Market Overview

Enzymes are innocuous proteins extracted from microbes, plant materials, and animals. Americas enzymes market is anticipated to grow at higher CAGR during the forecast period due to increasing demand for wide range of enzymes in the processed food industry. For centuries, enzymes have been used unknowingly in food production, such as dough making.

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Major Americas Enzymes Market Drivers

The growing health awareness among consumers, ongoing technological innovations in the enzyme industry, and the increasing use of enzymes in the food processing industry are some of the major factors fuelling the America Enzymes Market. Also, with the rising demand for exotic food items, producers are emphasizing customizing the product to enhance their properties. Enzymes also find their application across different end-use verticals such as paper and pulp, detergent, and the pharmaceutical industry. Further, the strong presence of leading companies such as BASF SE and Novozymes are focusing on research and development activities to use enzymes across unexplored applications. The sudden outbreak of the coronavirus pandemic has inclined consumers towards in-house food. Thus, the surge in the use of enzymes in nutritional and immunity-boosting foods has driven the market growth.

Restraint in the Americas Enzymes Market

However, enzymes may cause allergic reactions for some people, which acts as a major factor restraining the market growth.

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Source – Segment Analysis

Based on the source, the microorganism segment is forecast to expand at a higher CAGR during the forecast period owing to their easy availability and low production costs. Microorganisms help with the fermentation method used to prepare most food items, thus serving a crucial role in the food industry. Also, microorganisms help in the production of processed foods, dairy items, beer, and food items.

Application – Segment Analysis

Based on the application, the bakery is expected to expand at a faster rate over the forecast period. The use of enzymes in wheat flour helps to minimize the impact of changing weather conditions. Flour starch includes long chains of sugar units that get entangled. Also, enzymes decrease the bread staling rate as starch changes during storage.

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Key Developments:

• • In 2021, Amano Enzyme Inc launched non- GMO enzyme i.e, umamizyme pulse, which is designed for use of plant protein products to make a pleasant, savory flavor, as well as a sense of richness and complexity.
  • In 2019, Kerry officially launched non-GMO yeast as a natural solution for reducing acrylamide. It is a clean-label non-GMO yeast which can reduce acrylamide levels by 90% for various food and beverage products such as infant food, french fries and coffee.

Segments covered in the Report:

The Americas enzymes market has been segmented on the basis of product, source, application, and countries. Based on product, the market is segmented into carbohydrase, lipase, protease, and others. Based on source, the market is segmented into plants, animals, and microorganisms. Based on application, the market is segmented into bakery, confectionary, diary and frozen dessert, meat poultry, seafood products, beverages, and others.

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Market Segmentation

Americas Enzymes Market by Product

• • Carbohydrase
  • Lipase
  • Protease
  • Others

Americas Enzymes Market by Source

• • Plants
  • Animals
  • Microorganisms

Americas Enzymes Market by Application

• • Bakery
  • Confectionary
  • Diary and Frozen Dessert
  • Meat Poultry
  • Seafood Products
  • Beverages
  • Others

Americas Enzymes Market by Countries

• • US Enzymes Market All-Up
  • Canada Enzymes Market All-Up
  • Mexico Enzymes Market All-Up
  • Brazil Enzymes Market All-Up
  • Rest of Americas Enzymes Market All-Up