United States Food Enzymes Market to Reach US$ 840.8 Million by 2032, Stimulated by Growing Popularity of Plant-Based Diets

August 18, 2023 | Food & Beverages

According to the latest report by IMARC Group, titled “United States 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 Region 2024-2032,” the United States food enzymes market size reached US$ 540.1 Million in 2023. Food enzymes are biochemical catalysts that play an important role in the food and beverage industry, aiding various processes such as fermentation, preservation, and flavor enhancement. These specialized proteins accelerate chemical reactions, enabling the breakdown of complex nutrients into simpler, more digestible forms. They are instrumental in the manufacturing of dairy products, baked goods, alcoholic beverages, and confectioneries, transforming complex raw materials into consumer-friendly products. Enzymes such as amylase, protease, and lipase are extensively used to modify fats, proteins, and carbohydrates during food processing. Additionally, food enzymes help enhance the quality and nutritional content of food, extend shelf life, and reduce food waste, positioning them as critical components in sustainable food production. With their diverse applications and sustainable credentials, food enzymes are a cornerstone of the contemporary food and beverage industry.

United States Food Enzymes Market Trends:

In the United States, the food enzymes market is experiencing significant growth, propelled by the increasing consumer demand for processed foods and beverages and the need for sustainable, cost-effective production methods. Food enzymes assist in reducing manufacturing costs by increasing process efficiency and output. Hence, they are witnessing growing adoption in industrial food processing. Along with this, rising health consciousness among American consumers is encouraging the use of enzymes to improve the nutritional content and digestibility of food. With trends favoring plant-based diets and clean-label products, the use of food enzymes to improve the texture, flavor, and nutritional profile of such products is on the rise. In addition, innovations in enzyme technology, including the development of genetically modified enzymes, further offer improved performance and stability, boosting their application across the food sector. Apart from this, the escalating need to reduce food waste contributes to market growth as food enzymes can significantly extend the shelf life of products. Furthermore, regulatory support from bodies for the safe use of food enzymes is another key growth driver. All these factors, combined with the rise of innovative and eco-friendly enzyme solutions, point to a robust growth trajectory for the U.S. food enzymes market. Looking forward, the market value is projected to reach US$ 840.8 Million by 2032, expanding at a CAGR of 4.9% during 2024-2032.

Market Summary:

  • Based on the type, the market has been segmented into carbohydrase (amylase, cellulase, lactase, pectinase, and others), protease, lipase, and others.
  • On the basis of the source, the market is segregated into microorganisms, bacteria, fungi, plants, and animals.
  • Based on the formulation, the market has been segmented into powder, liquid, and others.
  • On the basis of the application, the market is segregated into beverages, processed foods, dairy products, bakery products, confectionery products, and others.
  • Region-wise, the market has been segmented into Northeast, Midwest, South, and West.
  • The competitive landscape of the market has also been examined, with some of the key players operating in the market. 
     

Report Scope:

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, Region
Region Covered Northeast, Midwest, South, West
Customization Scope 10% Free Customization
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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.


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United States Food Enzymes Market to Reach US$ 840.8 Million by 2032, Stimulated by Growing Popularity of Plant-Based Diets
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