North America is expected to capture highest share in the global market and witness over 6.1 % CAGR up to 2024. Rising trend for nutritional diet patterns, especially in U. S. will essentially support the regional growth. Increasing consumption of fortified meat, processed and canned products across the region has resulted in proliferating enzymes demand among the food manufacturer.
Asia Pacific food enzymes market will grow rapidly, witnessing over 7.5 % CAGR from 2017 to 2024. Rising acceptance from various applications such as beverages, dairy, and RTE items along with high demand for convenience products will primarily drive the regional industry growth.
Royal DSM, Danisco, BASF, Lumis, Aumgene Biosciences, Enmex, Advanced Enzymes, and AB Group are among the noticeable participants in the food enzymes market. Other prominent industry players include Chr. Hansen, Enzyme Innovation, Thermo Fisher Scientific, Hayashibara Co., and Enzymes Solutions. Competitors are indulging in partnerships to strengthen their position in the industry.
Segmentation of Food enzymes Market:
Global Market Insights has segmented the Food enzymes industry on the basis of following segments
Food Enzymes Market, By Product
• Proteases
• Lipases
• Carbohydrases
• Amylases
• Xylanases / Hemicellulase
• Cellulase
• Pectinase
• Lactases
• Polymerases & Nucleases
• Phytases
• Catalases
• Others
Food Enzymes Market, By Application
• Beverages
• Processed Food
• Dairy
• Bakery
• Confectionary
• Others
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