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Latin America Food Enzymes Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The Latin America food enzymes market size reached US$ 177.4 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 235.8 Million by 2027, exhibiting a growth rate (CAGR) of 4.8% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Food enzymes are additives that assist in the breaking down of indigestible nutrients into easily digestible forms. Enzymes, such as proteases, lipases, and carbohydrase, are widely used in the production of various beverages and bakery and confectionary products, thus forming a quintessential part of the food and beverage industry. The utilization of food enzymes in edible products not only adds flavor but also aids in increasing their shelf-life while maintaining their nutritional content.

The presence of a well-established food and beverage industry is one of the primary factors driving the market for food enzymes in the Latin American region. In line with this, the enzymes find extensive application in various bakery products for stabilizing the dough and facilitating the fermentation of bread. Moreover, the rising demand for packaged and ready-to-eat food items, due to hectic lifestyles led by a steadily increasing working population, is contributing to the market growth. Food enzymes are widely utilized in these products to increase their shelf-life without compromising on the nutritional quotient. Other factors, such as the significant growth in the food processing industry and improving infrastructural facilities, including transportation, and increasing investments in the establishment of technologically advanced cold chain facilities, are driving the market further in the region.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the Latin America food enzymes market report, along with forecasts at the regional and country level from 2022-2027. 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:

  • Brazil
  • Mexico
  • Argentina
  • Colombia
  • Chile
  • Peru
  • 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 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Million
Segment Coverage Type, Source, Formulation, Application, Country
Countries Covered Argentina, Brazil, Mexico, Colombia, Chile, Peru, Others
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699
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:

  • How has the Latin America food enzymes market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the Latin America food enzymes market?
  • What are the key regional markets?
  • 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 industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the Latin America food enzymes market and who are the key players?
  • What is the degree of competition in the 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   Latin America Food Enzymes Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    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    Bacteria
        7.2.1    Market Trends
        7.2.2    Market Forecast
    7.3    Fungi
        7.3.1    Market Trends
        7.3.2    Market Forecast
    7.4    Plants
        7.4.1    Market Trends
        7.4.2    Market Forecast
    7.5    Animals
        7.5.1    Market Trends
        7.5.2    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 Country
    10.1    Brazil
        10.1.1 Market Trends
        10.1.2 Market Breakup by Type
        10.1.3 Market Breakup by Source
        10.1.4 Market Breakup by Formulation
        10.1.5 Market Breakup by Application
        10.1.6 Market Forecast
    10.2    Mexico
        10.2.1 Market Trends
        10.2.2 Market Breakup by Type
        10.2.3 Market Breakup by Source
        10.2.4 Market Breakup by Formulation
        10.2.5 Market Breakup by Application
        10.2.6 Market Forecast
    10.3    Argentina
        10.3.1 Market Trends
        10.3.2 Market Breakup by Type
        10.3.3 Market Breakup by Source
        10.3.4 Market Breakup by Formulation
        10.3.5 Market Breakup by Application
        10.3.6 Market Forecast
    10.4    Colombia
        10.4.1 Market Trends
        10.4.2 Market Breakup by Type
        10.4.3 Market Breakup by Source
        10.4.4 Market Breakup by Formulation
        10.4.5 Market Breakup by Application
        10.4.6 Market Forecast
    10.5    Chile
        10.5.1 Market Trends
        10.5.2 Market Breakup by Type
        10.5.3 Market Breakup by Source
        10.5.4 Market Breakup by Formulation
        10.5.5 Market Breakup by Application
        10.5.6 Market Forecast
    10.6    Peru
        10.6.1 Market Trends
        10.6.2 Market Breakup by Type
        10.6.3 Market Breakup by Source
        10.6.4 Market Breakup by Formulation
        10.6.5 Market Breakup by Application
        10.6.6 Market Forecast
    10.7    Others
        10.7.1 Market Trends
        10.7.2 Market Breakup by Type
        10.7.3 Market Breakup by Source
        10.7.4 Market Breakup by Formulation
        10.7.5 Market Breakup by Application
        10.7.6 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  Porters 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  Policy and Regulatory Landscape
16  Competitive Landscape

    16.1    Market Structure
    16.2    Key Players
    16.3    Profiles of Key Players

List of Figures

Figure 1: Latin America: Food Enzymes Market: Major Drivers and Challenges
Figure 2: Latin America: Food Enzymes Market: Sales Value (in Million US$), 2016-2021
Figure 3: Latin America: Food Enzymes Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 4: Latin America: Food Enzymes Market: Breakup by Type (in %), 2021
Figure 5: Latin America: Food Enzymes Market: Breakup by Source (in %), 2021
Figure 6: Latin America: Food Enzymes Market: Breakup by Formulation (in %), 2021
Figure 7: Latin America: Food Enzymes Market: Breakup by Application (in %), 2021
Figure 8: Latin America: Food Enzymes Market: Breakup by Country (in %), 2021
Figure 9: Latin America: Food Enzymes (Carbohydrase) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Latin America: Food Enzymes (Carbohydrase) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Latin America: Food Enzymes (Protease) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Latin America: Food Enzymes (Protease) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Latin America: Food Enzymes (Lipase) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Latin America: Food Enzymes (Lipase) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Latin America: Food Enzymes (Other Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Latin America: Food Enzymes (Other Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Latin America: Food Enzymes (Microorganisms) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Latin America: Food Enzymes (Microorganisms) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Latin America: Food Enzymes (Bacteria) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Latin America: Food Enzymes (Bacteria) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Latin America: Food Enzymes (Fungi) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Latin America: Food Enzymes (Fungi) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Latin America: Food Enzymes (Plants) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Latin America: Food Enzymes (Plants) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Latin America: Food Enzymes (Animals) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Latin America: Food Enzymes (Animals) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Latin America: Food Enzymes (Powder) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Latin America: Food Enzymes (Powder) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Latin America: Food Enzymes (Liquid) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Latin America: Food Enzymes (Liquid) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Latin America: Food Enzymes (Other Formulations) Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Latin America: Food Enzymes (Other Formulations) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Latin America: Food Enzymes (Beverages) Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Latin America: Food Enzymes (Beverages) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: Latin America: Food Enzymes (Processed Foods) Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: Latin America: Food Enzymes (Processed Foods) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Latin America: Food Enzymes (Dairy Products) Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Latin America: Food Enzymes (Dairy Products) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Latin America: Food Enzymes (Bakery Products) Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Latin America: Food Enzymes (Bakery Products) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Latin America: Food Enzymes (Confectionery Products) Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: Latin America: Food Enzymes (Confectionery Products) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: Latin America: Food Enzymes (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: Latin America: Food Enzymes (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: Brazil: Food Enzymes Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: Brazil: Food Enzymes Market: Breakup by Type (in %), 2021
Figure 47: Brazil: Food Enzymes Market: Breakup by Source (in %), 2021
Figure 48: Brazil: Food Enzymes Market: Breakup by Formulation (in %), 2021
Figure 49: Brazil: Food Enzymes Market: Breakup by Application (in %), 2021
Figure 50: Brazil: Food Enzymes Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Mexico: Food Enzymes Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Mexico: Food Enzymes Market: Breakup by Type (in %), 2021
Figure 53: Mexico: Food Enzymes Market: Breakup by Source (in %), 2021
Figure 54: Mexico: Food Enzymes Market: Breakup by Formulation (in %), 2021
Figure 55: Mexico: Food Enzymes Market: Breakup by Application (in %), 2021
Figure 56: Mexico: Food Enzymes Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: Argentina: Food Enzymes Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: Argentina: Food Enzymes Market: Breakup by Type (in %), 2021
Figure 59: Argentina: Food Enzymes Market: Breakup by Source (in %), 2021
Figure 60: Argentina: Food Enzymes Market: Breakup by Formulation (in %), 2021
Figure 61: Argentina: Food Enzymes Market: Breakup by Application (in %), 2021
Figure 62: Argentina: Food Enzymes Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Colombia: Food Enzymes Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Colombia: Food Enzymes Market: Breakup by Type (in %), 2021
Figure 65: Colombia: Food Enzymes Market: Breakup by Source (in %), 2021
Figure 66: Colombia: Food Enzymes Market: Breakup by Formulation (in %), 2021
Figure 67: Colombia: Food Enzymes Market: Breakup by Application (in %), 2021
Figure 68: Colombia: Food Enzymes Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: Chile: Food Enzymes Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: Chile: Food Enzymes Market: Breakup by Type (in %), 2021
Figure 71: Chile: Food Enzymes Market: Breakup by Source (in %), 2021
Figure 72: Chile: Food Enzymes Market: Breakup by Formulation (in %), 2021
Figure 73: Chile: Food Enzymes Market: Breakup by Application (in %), 2021
Figure 74: Chile: Food Enzymes Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: Peru: Food Enzymes Market: Sales Value (in Million US$), 2016 & 2021
Figure 76: Peru: Food Enzymes Market: Breakup by Type (in %), 2021
Figure 77: Peru: Food Enzymes Market: Breakup by Source (in %), 2021
Figure 78: Peru: Food Enzymes Market: Breakup by Formulation (in %), 2021
Figure 79: Peru: Food Enzymes Market: Breakup by Application (in %), 2021
Figure 80: Peru: Food Enzymes Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 81: Others: Food Enzymes Market: Sales Value (in Million US$), 2016 & 2021
Figure 82: Others: Food Enzymes Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 83: Latin America: Food Enzymes Industry: SWOT Analysis
Figure 84: Latin America: Food Enzymes Industry: Value Chain Analysis
Figure 85: Latin America: Food Enzymes Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: Latin America: Food Enzymes Market: Key Industry Highlights, 2021 and 2027
Table 2: Latin America: Food Enzymes Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Latin America: Food Enzymes Market Forecast: Breakup by Source (in Million US$), 2022-2027
Table 4: Latin America: Food Enzymes Market Forecast: Breakup by Formulation (in Million US$), 2022-2027
Table 5: Latin America: Food Enzymes Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 6: Latin America: Food Enzymes Market Forecast: Breakup by Country (in Million US$), 2022-2027
Table 7: Latin America: Food Enzymes Market: Competitive Structure
Table 8: Latin America: Food Enzymes Market: Key Players


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