Food Enzymes Market

Food Enzymes Market was valued at USD 2.4 billion in 2021 and is forecast to touch USD 3.9 billion in 2029, and the market is expected to grow at a CAGR of 6.2% from 2022-2029.

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Key Drivers

Some key drivers accelerating the growth of the global food enzymes market mainly include consumer shift from chemical synthetics used for food processing to natural enzymes. For instance, in the dairy industry, renin derived from the stomachs of young animals like calves & lambs is used to manufacture cheese & hydrolyse protein. Lipases are implemented during the production of Roquefort cheese to enhance the ripening of the blue mold cheese. Secondly, to counter metabolic syndromes among people, carbohydrate-based products play a vital role. Moreover, the demand for green technology is driving new breakthroughs in both the production of specific enzymes and in the use of available enzymes. For instance, biodiesel is produced from the breakdown of triglycerides and is used as an additive in fossil diesel. According to the U.S. Energy Information Administration, in the year 2019, the United States produced about 41 million barrels, imported about 4 million barrels. exported about 2.7 million barrels and consumed about 43 million barrels of biodiesel, nearly all as blends with petroleum diesel.

Restraint in the Global Food Enzymes Market

However, food enzymes have some limitations. Due to their low stability in organic solvents and at high temperatures might restrain the growth of the global food enzymes market.

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Type – Segment Analysis

Based on the type, carbohydrase is expected to have significant growth in the global food enzymes market during the forecast period owing to their vast applications in the industry. For instance, they are used to obtain different sugar syrups like glucose, fructose etc. Isomaltose, an interesting sweetener substitute for sucrose to improve the sensory properties of juices and wines and reduce the sensory properties and lactose in milk. In addition to it, protease will also have a strong growth in the global food enzymes market due to its extensive usage in the food & dairy industry. For instance, during cheese production from milk, proteases are added to hydrolyse kappa casein to prevent coagulation by stabilizing micelle formation. Also, in the baking industry, for quicker dough preparation, its gluten is partially hydrolysed by a heat-labile fungal protease because of its early inactivation in subsequent baking. Furthermore, lipase might also witness good growth due to its use in the cleaning industry, pulp & paper industry, and the leather industry.

Application – Segment Analysis

Based on the application, the dairy & frozen desserts market is expected to capture the highest market growth over the forecast period in the global food enzymes due to food enzymes in cheese, ice cream processing & other dairy products processing. For instance, lipase enhances cheese flavour, cheese ripening, and lipolysis of vegetable oils to obtain specific flavours. Bakery & beverages will also observe good growth during the forecast period. Amylase is used in making dough for bread to make it soft and improve its quality.

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Regional – Segment Analysis:

Based on the region, North America is expected to capture significant market growth in the global food enzymes market over the forecast period. This is due to the rising awareness among consumers for natural food enzymes that make food safe and chemical-free instead of chemical synthetics used to process the food. For instance, in the year 2018 FDA approved mixed carbohydrase and protease enzyme product for use in hydrolysing proteins and carbohydrates in the manufacture of alcoholic beverages, nutritive sweeteners, and candy. Asia Pacific region is projected to hold a considerable growth in the global food enzymes market during the forecast period owing to one of the largest dairy industries in the world, India. The enzymes will find extensive use in dairy products which will play a vital role in the global food enzymes market.

Top Market Players

Various notable players operating in the market, include, DowDuPont, Amway, Novozymes, Kerry Group, Amano Enzyme, Aum Enzymes, Bioseutica, Biocatalysts, Puratos Group and Advanced Enzyme Tech among others. 

Key Developments: 

• • In April 2021, Amano Enzymes launched a new plant-based enzyme called Umamizyme Pulse for use by manufacturers looking to amplify the savoury and umami flavour profiles of plant-based protein applications. The company said its enzyme can be added to foods like soups, broth, snacks and plant-based meat or egg substitutes.

Segments covered in the Report:

The global food enzymes market has been segmented based on type, application, and regions. Based on type, the market is segmented into carbohydrase, protease, lipase, and others. Based on application, the market is segmented into bakery, confectionery, dairy & frozen desserts, meat, poultry & sea food products, beverages, and others. 

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Key questions answered in this research report:

• • At what pace is global food enzymes market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in food enzymes market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global food enzymes market?
  • Which type generated maximum revenues in 2021 and identify the most promising type during the forecast period?
  • What are the various application areas of global food enzymes market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Market Segmentation

Global Food Enzymes Market by Type

• • Carbohydrase
  • Protease
  • Lipase
  • Others

Global Food Enzymes Market by Application

• • Bakery
  • Confectionery
  • Dairy & Frozen Products
  • Meat, Poultry & Sea Food Products
  • Beverages
  • Others

Global Food Enzymes Market by Region

• • North America Food Enzymes Market (Option 1: As a part of the free 25% customization)
    • By Type
    • By Application
    • US Market All-Up
    • Canada Market All-Up
  • Europe Food Enzymes Market (Option 2: As a part of the free 25% customization)
    • By Type
    • By Application
    • UK Market All-Up
    • Germany Market All-Up
    • France Market All-Up
    • Spain Market All-Up
    • Rest of Europe Market All-Up
  • Asia-Pacific Food Enzymes Market (Option 3: As a part of the free 25% customization)
    • By Type
    • By Application
    • China Market All-Up
    • India Market All-Up
    • Japan Market All-Up
    • Rest of APAC Market All-Up
  • RoW Food Enzymes Market (Option 4: As a part of the free 25% customization)
    • By Type
    • By Application
    • Brazil Market All-Up
    • South Africa Market All-Up
    • Saudi Arabia Market All-Up
    • UAE Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Market All-Up

Major Players Operating in the Global Food Enzymes Market (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • DowDuPont
  • Amway
  • Novozymes
  • Kerry Group
  • Amano Enzyme
  • Aum Enzymes
  • Bioseutica
  • Biocatalysts
  • Puratos Group
  • Advanced Enzyme Tech