Food Enzymes Market is estimated to exhibit over 7.5% CAGR from 2017 to 2024 - PowerPoint PPT Presentation

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Food Enzymes Market is estimated to exhibit over 7.5% CAGR from 2017 to 2024


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Title: Food Enzymes Market is estimated to exhibit over 7.5% CAGR from 2017 to 2024

Global Food Enzymes Market to reach 3.6bn by
2024 Global Market Insights Inc.
Key Insights from Food Enzymes Market
  • Increasing consumer awareness regarding
    nutritional benefits offered by enzymes has
    resulted in increased product demand, thus
    driving the food enzymes market penetration
  • The strong application outlook for the food
    beverage industry for product quality enhancement
    along with high acceptance from the bakery and
    confectionery applications to bread quality
    standardization and flour reduction level will
    escalate demand.
  • Numerous food processing units are extensively
    using these additives to attain
    environment-friendly processes, as these extracts
    are used as biocatalysts to increase the
    production rate.
  • FB industry has witnessed various trends,
    significantly impacting the food enzymes market
  • These products are fermented, that results in
    creation of a number of enzymes, intensifying
    their strength. Moreover, high usage of these
    additives for stabilizing the beverages and
    minimizing the off-odors will instigate immense
    growth potential in the coming years.

  • Carbohydrases will acquire a major share in the
    industry crossing USD 1.8 billion sales by 2024.
  • Phytase will exhibit over 7 CAGR till 2024 owing
    to its benefits in absorption of vital materials
    including magnesium and calcium, as well as and
    reduction of phytic acid.
  • Beverages applications of food enzymes market are
    likely to dominate the industry, registering over
    50 kilotons demand by 2024.
  • North America is expected to capture highest
    share in the global food enzymes market and
    witness over 6.1 CAGR up to 2024.
  • Asia Pacific food enzymes market will grow
    rapidly, witnessing over 7.5 CAGR from 2017 to
  • Royal DSM, Danisco, BASF, Lumis, Aumgene
    Biosciences, Enmex, Advanced Enzymes, and AB
    Group are among the noticeable participants in
    the food enzymes market.

North America Proteases Enzymes Market, By
Application, 2016 2024, (Kilo tons)


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