Europe Food Enzymes Market Report by Type (Carbohydrase, Protease, Lipase, and Others), Source (Microorganisms, Bacteria, Fungi, Plants, Animals), Formulation (Powder, Liquid, and Others), Application (Beverages, Processed Foods, Dairy Products, Bakery Products, Confectionery Products, and Others), and Country 2024-2032
The Europe food enzymes market size reached US$ 710 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 1,150 Million by 2032, exhibiting a growth rate (CAGR) of 5.4% during 2024-2032.
Report Attribute
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023
US$ 710 Million
Market Forecast in 2032
US$ 1,150 Million
Market Growth Rate 2024-2032
5.4%
Food enzymes are additives that aid in converting complex nutrients into easily digestible forms. These enzymes are included in food products to retain the nutrients and enhance the product’s shelf-life. Some of the commonly available food enzymes include protease, amylase, lipase and cellulase. These enzymes are used in bakery products and foods that consist of high-sugar and vegetable oils. Carbohydrase, a form of amylase enzyme, is widely used in the food and beverage industry for producing artificial sweeteners and manufacturing wines and fruit and vegetable juices.
The Europe food enzyme market is primarily driven by significant growth in the food and beverage industry, along with the rising demand for ready-to-eat, packaged and baked food products. Furthermore, the increasing awareness among consumers regarding food quality is providing a thrust to the market growth. Food enzymes are widely used to enhance the quality of the food. In line with this, they are extensively utilized to process meat and improve its tenderness across Europe, which is one of the largest producers of meat. Additionally, the increasing demand for organic nutraceuticals manufactured using high-quality natural enzymes is also favoring the market growth. The market is further driven by the growing demand for high-performance food products and the changing lifestyles and dietary patterns of consumers.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the Europe food enzymes market report, along with forecasts at the regional and country levels from 2024-2032. Our report has categorized the market based on type, source, formulation and application.
Breakup by Type:
Carbohydrase
Amylase
Cellulase
Lactase
Pectinase
Others
Protease
Lipase
Others
Breakup by Source:
Microorganisms
Bacteria
Fungi
Plants
Animals
Breakup by Formulation:
Powder
Liquid
Others
Breakup by Application:
Beverages
Processed Foods
Dairy Products
Bakery Products
Confectionery Products
Others
Breakup by Country:
Germany
France
United Kingdom
Italy
Spain
Others
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Coverage:
Report Features
Details
Base Year of the Analysis
2023
Historical Period
2018-2023
Forecast Period
2024-2032
Units
US$ Million
Segment Coverage
Type, Source, Formulation, Application, Country
Countries Covered
Germany, France, United Kingdom, Italy, Spain, Others
Customization Scope
10% Free Customization
Report Price and Purchase Option
Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699
Post-Sale Analyst Support
10-12 Weeks
Delivery Format
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)
Key Questions Answered in This Report
The Europe food enzymes market was valued at US$ 710 Million in 2023.
We expect the Europe food enzymes market to exhibit a CAGR of 5.4% during 2024-2032.
The rising demand for ready-to-eat, packaged, and baked food products, along with the growing adoption of food enzymes to retain the nutrients and enhance the product’s shelf-life, is primarily driving the Europe food enzymes market.
The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of food enzymes across several European nations.
Based on the type, the Europe food enzymes market can be segmented into carbohydrase, protease, lipase, and others. Currently, carbohydrase holds the majority of the total market share.
Based on the source, the Europe food enzymes market has been divided into microorganisms, bacteria, fungi, plants, and animals. Among these, microorganisms currently exhibit a clear dominance in the market.
Based on the application, the Europe food enzymes market can be categorized into beverages, processed foods, dairy products, bakery products, confectionery products, and others. Currently, bakery products account for the largest market share.
On a regional level, the market has been classified into Germany, France, United Kingdom, Italy, Spain, and others, where Germany currently dominates the Europe food enzymes market.
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