• Wed. Nov 30th, 2022

Food Enzymes Market Size, Share, Growth, Trends, Industry Analysis and Forecast to 2026

ByStephanie M. Akbar

Nov 15, 2022

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“MarketsandMarkets™”

Growing demand for a diverse range of food products, clean label trend and increasing disposable income are the factors that are expected to drive the growth of the global food enzymes market.

According to MarketsandMarkets, the food enzymes market the size is estimated at USD 2.3 billion in 2021 and is expected to reach USD 3.1 billion by 2026, registering a CAGR of 5.1% during the forecast period in terms of value. Enzymatic treatment of various food products such as meat products and dairy products has been proven to preserve nutritional values ​​and mitigate adverse effects of foods, which is one of the main reasons for the increasing need for food enzymes in the world. In recent years, the increasing global awareness of the population about healthy foods with high nutritional value will drive the food enzymes market.

food enzymes market

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The carbohydrase type segment is estimated to hold the largest market share in the food enzymes market.

Increasing industrial use of carbohydrase enzymes such as amylase, cellulase, lactase and pectinase in various food and beverage applications such as bakery products, dairy products and fruit juices is driving the market for the type carbohydrase. Enzymes are widely used in the food industry due to various factors such as cost effectiveness, reduced time consumption, and ease of process modification and optimization. Most of the carbohydrases used in various industries are obtained from microbial sources, such as bacteria, yeasts, and fungi, as they provide maximum consistency.

By application, the food segment holds the largest share in the estimated year.

Enzymes play a complex role in food production with many applications in the food and beverage industry and are used in a wide range of food applications such as meat products, bakery and confectionery products, dairy products and nutraceuticals. Enzymes have helped improve quality while reducing processing time and production costs. For example, food enzymes increase the tenderness of meat products while enzymes change the structure of dough and therefore improve the functional properties of flour. Hence, food industries are widely adopting this technology.

Lyophilized powder formulation is estimated to be the largest segment for food enzymes.

The formulation is carried out at a temperature below 30°C, which reduces the thermal damage of the proteins during the process. This process has the ability to produce clean, whole and nutritious food ingredients with a long shelf life, making the products versatile, accessible and convenient. This type of formulation retains nutritional value better than other drying methods, without affecting the actual color and shape of the original raw material, reassuring consumers that they are getting real fruits and vegetables.

The plant source is estimated to experience a steady growth rate during the forecast period.

Plant-derived food enzymes are economically produced from inexpensive raw materials such as agricultural waste and are considered more efficient than an animal source when it comes to digestion. Papain, bromelain and ficin are proteases isolated from plants and used for various applications such as meat tenderizing and protein hydrolysis.

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Asia-Pacific is estimated to be the fastest growing region during the forecast period.

Asia-Pacific is estimated to be the fastest growing region in the global food enzymes market during the forecast year. Growing consumer preference for healthy and nutritious food products, rising demand for fermented and dairy-based dairy products, and high demand for meat and seafood are some of the major factors driving the rise in production of these products in the region. Furthermore, the presence of key players such as Novozymes (USA), DSM (Netherlands) and Chr, Hansen A/S (Denmark) shows promising growth for the food enzymes market.

This report includes a study on marketing and development strategies, as well as product portfolios of leading companies. It consists of profiles of leading companies, such as Associated British Foods plc. (UK), DuPont (USA), Novozymes (USA), DSM (Netherlands), Kerry Group (Ireland), Chr. Hansen (Denmark), Advanced Enzymes Technologies (India) and Puratos Group (Belgium).

Related reports:

Technical Enzymes Market by type (amylases, cellulases, proteases and lipases), industry (biofuels, starch, textiles and leather, and paper and pulp), source (microorganism, plant and animal), form (liquid and dry) and region – Global Forecast to 2026

Industrial Enzymes Market by type (carbohydrases, proteases, lipases, polymerases and nucleases), application (food and beverages, bioethanol, animal feed, detergents, wastewater, soil and oil treatment), source, formulation and region – global forecast until 2026

food enzymes market by type (phytase, carbohydrase and protease), livestock (poultry, swine, ruminants and aquatic animals), source (microorganism, plant and animal), form (dry and liquid) and region – Global forecast to 2025

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