India Food Enzymes Market Share, Size, Growth, Opportunity and Forecast 2023-2028

India Food Enzymes Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Report Format: PDF+Excel | Report ID: SR112023A2857

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Market Overview:

The India food enzymes market size reached US$ 385.6 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 591.7 Million by 2028, exhibiting a growth rate (CAGR) of 7.3% during 2023-2028.

Food enzymes refer to biocatalysts that aid in the breakdown of nutrients, such as proteins, carbohydrates, fats and vitamins, into simpler forms. They are commonly available in the form of protease, amylase, lipase and cellulase. These enzymes are usually manufactured using plant, animal and microbial-sourced ingredients. They aid in improving the flavor, texture and fragrance of the food products and are widely used in the manufacturing of bakery products, cheese and starch processing, meat tenderizing and production of fruit juices.

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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The increasing demand for food enzymes from the food and beverage industry is one of the key factors favoring the market growth. Resulting from changing lifestyles and improving dietary patterns, there is a rising demand for nutrient-rich food and beverages across India. This has further led to the increasing adoption of food enzymes to enhance the quality of these products. Additionally, widespread utilization of food enzymes for the extraction, clarification and filtration of fruit and vegetable juices is also contributing to the market growth. Some of the other factors driving the growth of the market across the country include extensive research and development (R&D) by poultry producers on protease to improve protein digestion and the development of innovative techniques to synthesize these enzymes naturally.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the India food enzymes market report, along with forecasts at the country and regional level from 2023-2028. Our report has categorized the market based on type, source, formulation and application.

Breakup by Type:

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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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 Region:

North India
West and Central India
South India
East India

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	2022
Historical Period	2017-2022
Forecast Period	2023-2028
Units	US$ Million
Segment Coverage	Type, Source, Formulation, Application, Region
Region Covered	North India, West and Central India, South India, East India
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 2299 Five User License: US$ 3399 Corporate License: US$ 4499
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 India food enzymes market was valued at US$ 385.6 Million in 2022.

We expect the India food enzymes market to exhibit a CAGR of 7.3% during 2023-2028.

The rising demand for nutrient-rich beverages, along with the increasing utilization of food enzymes for the extraction, clarification, and filtration of fruit and vegetable juices, is primarily driving the India 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 the nation.

Based on the type, the India 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 India 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 India food enzymes market can be categorized into beverages, processed foods, dairy products, bakery products, confectionery products, and others. Currently, beverages account for the largest market share.

On a regional level, the market has been classified into North India, West and Central India, South India, and East India.

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