Food, Nutrition & Animal Feed Food enzymes Market - PDF

Food enzymes Market share to exceed $ 3.6 Bn by
2024: Global Market Insights Inc.
The research report Food Enzymes Market Size By Product (Proteases, Lipases,
Carbohydrases [Amylases, Xylanases/Hemicellulase, Cellulase, Pectinase,
Lactases], Polymerases & Nucleases, Phytases, Catalases), By Application
(Beverages, Processed Food, Dairy, Bakery, Confectionary), Industry Analysis
Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Sweden,
Austria, Poland, Russia, Spain, China, India, Japan, South Korea, Indonesia,
Thailand, Malaysia, Australia, Brazil, Argentina, Mexico, South Africa, UAE,
Saudi Arabia, Kuwait, Egypt), Growth Potential, Price Trends, Competitive
Market Share & Forecast, 2017 – 2024 by Global Market Insights, Inc. says, Global
Food enzymes Market size is set to exceed USD 3.6 Billion by 2024
Increasing consumer awareness regarding nutritional benefits offered by enzymes has
resulted in increased product demand, thus driving the food enzymes market
penetration. The strong application outlook for the food & beverage industry for
product quality enhancement along with high acceptance from the bakery and
confectionery applications to bread quality standardization and flour reduction level
will escalate demand.
Numerous food processing units are extensively using these additives to attain
environment-friendly processes, as these extracts are used as biocatalysts to increase
the production rate. This leads to a considerable reduction in raw material wastage,
resulting in shifting preference of the end-users. Several applications such as bakery,
dairy, and confectionary are witnessing high adoption of protease, lactase, and
carbohydrase owing to rising demand for extended product shelf-life and uniformity.
F&B industry has witnessed various trends, significantly impacting the global market
growth. Fermentation of food is an emerging trend, that has gained traction among the
industry participants. These products are fermented, that results in creation of a
number of enzymes, intensifying their strength. Moreover, high usage of these
additives for stabilizing the beverages and minimizing the off-odors will instigate
immense growth potential in the coming years. However, excessive R&D costs and
strict and critical guidelines to handle enzymes production and usage may hamper the
industry growth over the next eight years.
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