Food Enzymes Market by Size, Share & Forecasts 2028

The Food Enzymes Market is expected to reach USD 4,200 Million by 2028, growing at a CAGR of 4.7% over the forecast period (2021-2028).

The factors driving the growth of Food Enzymes Market includes strict regulations regarding the use of chemical additives in bakery products, growing consumers preference for clean labelled food products, increasing application of Carbohydrase enzymes in the brewing industry and improvements in the living standards. In addition, growing adoption of advanced technologies by manufacturers to enhance the production of enzymes, rising demand for safe and nutritious food products, and increasing use of enzymes for preparing cheese, cooking win and leavened bread, are some of the additional factors supplementing the Global Food Enzymes Market. In addition, the increasing investments by leading players on research and development, rise in the launch of innovative products and rapid urbanization, are further contributing towards the market growth.

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However, growth of the Food Enzymes Market is hindered due to low stability of enzymes in organic solvents.

The leading players operating in the market are Bioseutica, Biocatalysts, Puratos Group, DowDuPont, Amway, Novozymes, Advanced Enzyme Tech, Kerry Group, Amano Enzyme and Aum Enzymes, among other.

Based on Type, the Carbohydrase segment is predicted to grow at a robust CAGR during the forecast period

Increasing application of carbohydrase in bakery & confectionery and processed food products owing to its cost-effectiveness and it requires less space and time, are some of the factors propelling Food Enzymes Market share.

Based on Application, the Dairy & Frozen Products segment is projected to capture the largest market share over the forecast period

Growing demand for cheese, ice cream processing & other dairy products across the globe, are pushing growth of the segment.

Based on Region, the North American region is anticipated to expand at a remarkable CAGR during the forecast period

As per the Food Enzymes Market Trends, rising awareness about the benefits of natural food enzymes, increasing population growth rates and high per capita incomes, are some of the important factors augmenting the market growth in North American region.

Key Development

• In April 2021, Amano Enzymes developed a new plant-based enzyme called Umamizyme Pulse for use by manufacturers looking to amplify the savoury and umami flavour profiles of plant-based protein applications.

Market Segmentation

Segmentation by Type

• Carbohydrase

• Protease

• Lipase

• Others

Segmentation by Application

• Bakery

• Confectionery

• Dairy & Frozen Products

• Meat, Poultry & Sea Food Products

• Beverages

• Others

Segmentation by Region

• Asia Pacific

  • China

  • Japan

  • India

  • Rest of APAC

• North America

  • United States of America

  • Canada

• Europe

  • United Kingdom

  • Germany

  • France

  • Spain

  • Rest of Europe

• RoW

  • Brazil

  • South Africa

  • Saudi Arabia

  • UAE

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