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Food Enzymes Market Will Reach USD 4.17 Billion By 2028 With A CAGR of 7.5%

Global Food Enzymes Market was valued at USD 2.51 billion in 2021 and is expected to reach USD 4.17 billion by the year 2028, at a CAGR of 7.5%.

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Food Enzymes Market

Food Enzymes

Global Food Enzymes Market was valued at USD 2.51 billion in 2021 and is expected to reach USD 4.17 billion by the year 2028, at a CAGR of 7.5%.

Increasing health consciousness and rising food & beverage sector demand are two major drivers propelling the worldwide food enzymes market’s revenue. Food Enzymes are protein molecules that exist in all living things. They speed up and target chemical reactions, in many cases increasing the rate of reactions by millions of times. For example, they aid digestion, metabolise and eliminate waste in humans and animals, and play a crucial role in muscle contraction.

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Enzymes are used in various applications such as in cheese making, bakery items, production of fruit, starch processing, and beverages and drinks. These ingredients enhance texture, nutritional value, appearance, and generate desirable aroma and flavor. Enzymes are used as an alternative to existing chemical-based technologies and are replacing synthetic chemicals in various processes. Enzymes also help in enabling eco-friendly production processes, through biodegradability and lower energy consumption during production.

Players Covered in Food Enzymes Market are:

  • DuPont (US)
  • Associated British Foods plc (UK)
  • DSM (Netherlands)
  • Novozymes (US)
  • Hansen (Denmark)
  • Kerry Group (Ireland)
  • Jiangsu Boli Bioproducts Co.Ltd. (China)
  • Biocatalysts Ltd. (UK)
  • Puratos Group (Belgium)
  • Advanced Enzyme Technologies Ltd (India)
  • Amano Enzyme Inc. (Japan)
  • Enzyme Development Corporation (US)
  • ENMEX
  • A. de C.V. (Mexico)
  • Enzyme Bioscience Private Limited
  • Aumgene Biosciences (India)
  • Creative Enzymes (US)
  • SUNSON Industry Group Co. Ltd (China)
  • AUM Enzymes (India)
  • Xike Biotechnology Co. Ltd. (China)
  • Antozyme Biotech Pvt Ltd (India) other major players.

Market Segmentation

Food Enzymes Market Segment by type, Estimates, and Forecast by 2028

  • Carbohydrases
  • Proteases
  • Lipases
  • Polymerases
  • Nucleases
  • Others

Food Enzymes Market Segment by Applications, Estimates, and Forecast by 2028

  • Processed Food
  • Dairy Products
  • Bakery & Confectionary
  • Meat Processing
  • Beverages
  • Others

Regional Analysis for COVID-19 Outbreak-Global Food Enzymes Market:

  • APAC (Japan, China, South Korea, Australia, India, and Rest of APAC)
  • Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
  • North America (U.S., Canada, and Mexico)
  • South America (Brazil, Chile, Argentina, Rest of South America)
  • MEA (Saudi Arabia, UAE, South Africa)

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COVID-19 Impact on the Global Food Enzymes Market:

Due to the present pandemic’s emphasis on the significance of a secure, wholesome, and nutrient-rich diet, the COVID-19 food enzymes market is anticipated to have a sizable impact. The increased demand for food enzymes, as well as shifting tastes and preferences, provide a significant challenge for food ingredient firms during the COVID-19 pandemic. The sudden increase in demand for functional foods during the pandemic caused producers, suppliers, and retailers to struggle to maintain the availability of their raw materials in the market.

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Table Of Content:

Chapter 1: Introduction

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment

Chapter 4: Market Landscape

Chapter 5: Food Enzymes Market by Type

Chapter 6: Food Enzymes Market by Application

Chapter 7: Company Profiles and Competitive Analysis

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