Market Overview:
The global food enzymes market was worth US$ 2 Billion in 2019. Food enzymes are biocatalysts that are used to break down nutrients such as proteins, carbohydrates, fats and vitamins, into simpler forms. Enzymes such as protease, amylase and lipase are also used for preservation, coagulation and tenderization of beverages, bakery and dairy products. They aid in improving the flavor, texture and fragrance of the products and are primarily manufactured using plants, animals and microbes such as yeast through the process of fermentation. These sources are considered to enhance the nutritive value of the food and produce desirable aromas in various edible products.
The thriving food processing industry, along with growing consumer awareness for nutritional products, is the key factor driving the growth of the market. There is an increasing demand for nutrient-rich and high-quality food and beverages. Also, shifting dietary preferences of consumer toward natural, organic and chemical-free food has alleviated the adoption of food enzymes. Furthermore, the rising demand for frozen and processed food products is also favoring the market growth. Consumers are increasingly opting for on-the-go and convenience food products owing to their changing lifestyles and busy schedules. Additionally, increasing beverage consumption, including both alcoholic and non-alcoholic, has enhanced the usage of food enzymes in the beverage industry. Various food enzymes are used for the extraction of fruit and vegetable juices. In the wine industry, they are utilized for the process of clarification and filtration and increasing juice yield. Apart from this, extensive research and development (R&D) activities for waste reduction and enhancing food security and safety are further catalyzing the growth of the market. Looking forward, IMARC Group expects the global food enzymes market to exhibit moderate growth during the next five years.
Report Coverage:
- Historical, Current and Future Market Trends
- Market Breakup by Type:
- Carbohydrase
- Amylase
- Cellulase
- Lactase
- Pectinase
- Others
- Protease
- Lipase
- Others
- Market Breakup by Source:
- Microorganisms
- Plants
- Animals
- Market Breakup by Formulation:
- Market Breakup by Application:
- Beverages
- Processed Foods
- Dairy Products
- Bakery Products
- Confectionery Products
- Others
- Market Breakup by Region:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
Competitive Landscape:
The report has also analyzed the competitive landscape of the market with some of the key players being DowDuPont, Amway, BASF, DSM, Novozymes, Chr. Hansen, Kerry Group, Biocatalysts, Puratos Group, Advanced Enzyme Tech, Sequence Biotech, Amano Enzyme, Aum Enzymes, Bioseutica, Dyadic International Inc., etc.
Key Questions Answered in This Report:
- How has the global food enzymes market performed so far and how will it perform in the coming years?
- What are the key regional markets in the global food enzymes industry?
- What has been the impact of COVID-19 on the global food enzymes industry?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the source?
- What is the breakup of the market based on the formulation?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the global food enzymes industry?
- What are the key driving factors and challenges in the global food enzymes industry?
- What is the structure of the global food enzymes industry and who are the key players?
- What is the degree of competition in the global food enzymes industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Food Enzymes Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Type
5.5 Market Breakup by Source
5.6 Market Breakup by Formulation
5.7 Market Breakup by Application
5.8 Market Breakup by Region
5.9 Market Forecast
6 Market Breakup by Type
6.1 Carbohydrase
6.1.1 Market Trends
6.1.2 Major Types
6.1.2.1 Amylase
6.1.2.2 Cellulase
6.1.2.3 Lactase
6.1.2.4 Pectinase
6.1.2.5 Others
6.1.3 Market Forecast
6.2 Protease
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Lipase
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Others
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by Source
7.1 Microorganisms
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Plants
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Animals
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Formulation
8.1 Powder
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Liquid
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Others
8.3.1 Market Trends
8.3.2 Market Forecast
9 Market Breakup by Application
9.1 Beverages
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Processed Foods
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Dairy Products
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Bakery Products
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Confectionery Products
9.5.1 Market Trends
9.5.2 Market Forecast
9.6 Others
9.6.1 Market Trends
9.6.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Europe
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Asia Pacific
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 Middle East and Africa
10.4.1 Market Trends
10.4.2 Market Forecast
10.5 Latin America
10.5.1 Market Trends
10.5.2 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porter’s Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 DowDuPont
15.3.2 Amway
15.3.3 BASF
15.3.4 DSM
15.3.5 Novozymes
15.3.6 Chr. Hansen
15.3.7 Kerry Group
15.3.8 Biocatalysts
15.3.9 Puratos Group
15.3.10 Advanced Enzyme Tech
15.3.11 Sequence Biotech
15.3.12 Amano Enzyme
15.3.13 Aum Enzymes
15.3.14 Bioseutica
15.3.15 Dyadic International Inc.
List of Figures
Figure 1: Global: Food Enzymes Market: Major Drivers and Challenges
Figure 2: Global: Food Enzymes Market: Sales Value (in Billion US$), 2014-2019
Figure 3: Global: Food Enzymes Market: Breakup by Type (in %), 2019
Figure 4: Global: Food Enzymes Market: Breakup by Source (in %), 2019
Figure 5: Global: Food Enzymes Market: Breakup by Formulation (in %), 2019
Figure 6: Global: Food Enzymes Market: Breakup by Application (in %), 2019
Figure 7: Global: Food Enzymes Market: Breakup by Region (in %), 2019
Figure 8: Global: Food Enzymes Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 9: Global: Food Enzymes Industry: SWOT Analysis
Figure 10: Global: Food Enzymes Industry: Value Chain Analysis
Figure 11: Global: Food Enzymes Industry: Porter’s Five Forces Analysis
Figure 12: Global: Food Enzymes (Carbohydrase) Market: Sales Value (in Billion US$), 2014 & 2019
Figure 13: Global: Food Enzymes (Carbohydrase) Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 14: Global: Food Enzymes (Protease) Market: Sales Value (in Billion US$), 2014 & 2019
Figure 15: Global: Food Enzymes (Protease) Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 16: Global: Food Enzymes (Lipase) Market: Sales Value (in Billion US$), 2014 & 2019
Figure 17: Global: Food Enzymes (Lipase) Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 18: Global: Food Enzymes (Other Types) Market: Sales Value (in Billion US$), 2014 & 2019
Figure 19: Global: Food Enzymes (Other Types) Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 20: Global: Food Enzymes (Microorganisms) Market: Sales Value (in Billion US$), 2014 & 2019
Figure 21: Global: Food Enzymes (Microorganisms) Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 22: Global: Food Enzymes (Plants) Market: Sales Value (in Billion US$), 2014 & 2019
Figure 23: Global: Food Enzymes (Plants) Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 24: Global: Food Enzymes (Animals) Market: Sales Value (in Billion US$), 2014 & 2019
Figure 25: Global: Food Enzymes (Animals) Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 26: Global: Food Enzymes (Powder) Market: Sales Value (in Billion US$), 2014 & 2019
Figure 27: Global: Food Enzymes (Powder) Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 28: Global: Food Enzymes (Liquid) Market: Sales Value (in Billion US$), 2014 & 2019
Figure 29: Global: Food Enzymes (Liquid) Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 30: Global: Food Enzymes (Other Formulations) Market: Sales Value (in Billion US$), 2014 & 2019
Figure 31: Global: Food Enzymes (Other Formulations) Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 32: Global: Food Enzymes (Beverages) Market: Sales Value (in Billion US$), 2014 & 2019
Figure 33: Global: Food Enzymes (Beverages) Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 34: Global: Food Enzymes (Processed Foods) Market: Sales Value (in Billion US$), 2014 & 2019
Figure 35: Global: Food Enzymes (Processed Foods) Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 36: Global: Food Enzymes (Dairy Products) Market: Sales Value (in Billion US$), 2014 & 2019
Figure 37: Global: Food Enzymes (Dairy Products) Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 38: Global: Food Enzymes (Bakery Products) Market: Sales Value (in Billion US$), 2014 & 2019
Figure 39: Global: Food Enzymes (Bakery Products) Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 40: Global: Food Enzymes (Confectionery Products) Market: Sales Value (in Billion US$), 2014 & 2019
Figure 41: Global: Food Enzymes (Confectionery Products) Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 42: Global: Food Enzymes (Other Applications) Market: Sales Value (in Billion US$), 2014 & 2019
Figure 43: Global: Food Enzymes (Other Applications) Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 44: North America: Food Enzymes Market: Sales Value (in Billion US$), 2014 & 2019
Figure 45: North America: Food Enzymes Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 46: Europe: Food Enzymes Market: Sales Value (in Billion US$), 2014 & 2019
Figure 47: Europe: Food Enzymes Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 48: Asia Pacific: Food Enzymes Market: Sales Value (in Billion US$), 2014 & 2019
Figure 49: Asia Pacific: Food Enzymes Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 50: Middle East and Africa: Food Enzymes Market: Sales Value (in Billion US$), 2014 & 2019
Figure 51: Middle East and Africa: Food Enzymes Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 52: Latin America: Food Enzymes Market: Sales Value (in Billion US$), 2014 & 2019
Figure 53: Latin America: Food Enzymes Market Forecast: Sales Value (in Billion US$), 2020-2025
List of Tables
Table 1: Global: Food Enzymes Market: Key Industry Highlights, 2019 and 2025
Table 2: Global: Food Enzymes Market Forecast: Breakup by Type (in Billion US$), 2020-2025
Table 3: Global: Food Enzymes Market Forecast: Breakup by Source (in Billion US$), 2020-2025
Table 4: Global: Food Enzymes Market Forecast: Breakup by Formulation (in Billion US$), 2020-2025
Table 5: Global: Food Enzymes Market Forecast: Breakup by Application (in Billion US$), 2020-2025
Table 6: Global: Food Enzymes Market Forecast: Breakup by Region (in Billion US$), 2020-2025
Table 7: Global: Food Enzymes Market Structure
Table 8: Global: Food Enzymes Market: Key Players