Food Enzymes Market: Global Industry Analysis and Opportunity Assessment 2017-2024 GMI Estimate - PowerPoint PPT Presentation

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Food Enzymes Market: Global Industry Analysis and Opportunity Assessment 2017-2024 GMI Estimate


Food Enzymes Market Size By Product (Proteases, Lipases, Carbohydrases [Amylases, Xylanases/Hemicellulase, Cellulase, Pectinase, Lactases], Polymerases & Nucleases, Phytases, Catalases), By Application (Beverages, Processed Food, Dairy, Bakery, Confectionary), Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024 – PowerPoint PPT presentation

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Title: Food Enzymes Market: Global Industry Analysis and Opportunity Assessment 2017-2024 GMI Estimate

Food Enzymes Market to exceed 3.6bn by 2024
Key Insights from Food Enzymes Market
  • Food enzymes Market size will surpass USD 3.6
    billion by 2024 according to a new research
    report by Global Market Insights, Inc. 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. This leads to a considerable
    reduction in raw material wastage, resulting in
    shifting preference of the end-users.
  • FB industry has witnessed various trends,
    significantly impacting the global market growth.
    Fermentation of food is an emerging trend, that
    has gained traction among the industry
    participants. 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.
    However, excessive RD costs and strict and
    critical guidelines to handle enzymes production
    and usage may hamper the industry growth over the
    next eight years.

  • Beverages applications of food enzymes market are
    likely to dominate the industry, registering over
    50 kilotons demand by 2024. Rising consumption of
    beverages among different class of societies
    across the globe will result in increased product
    penetration. Provision of benefits such as
    increased processing capacity and economy
    enhancement in beverage industry will further
    propel the industry growth.
  • North America is expected to capture highest
    share in the global market and witness over 6.1
    CAGR up to 2024. Rising trend for nutritional
    diet patterns, especially in U.S. will
    essentially support the regional growth.
  • Asia Pacific food enzymes market will grow
    rapidly, witnessing over 7.5 CAGR from 2017 to
    2024. Rising acceptance from various applications
    such as beverages, dairy, and RTE items along
    with high demand for convenience products will
    primarily drive the regional industry growth.
  • Royal DSM, Danisco, BASF, Lumis, Aumgene
    Biosciences, Enmex, Advanced Enzymes, and AB
    Group, Chr. Hansen, Enzyme Innovation, Thermo
    Fisher Scientific, Hayashibara Co., and Enzymes
    Solutions. Competitors are indulging in
    partnerships to strengthen their position in the

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


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