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Global Food Enzymes Market: By Type: Carbohydrase, Protease, Lipase; By Source: Microorganisms, Bacteria, Fungi, Plants, Animals; By Formulation: Powder, Liquid; By Application; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Food Enzymes Market Outlook 

The global food enzymes market reached a value of almost USD 2 billion in the year 2020. The industry is further expected to grow at a CAGR of 5.3% between 2021 and 2026 to reach a value of almost USD 2.7 billion by 2026. 

 

Global Food Enzymes Market

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The global food enzymes market is being driven by the changing consumer lifestyle and inflating disposable income, particularly in the emerging economies. The growing health awareness among consumers is leading the manufacturers to focus on the development of products having high nutrition content as well as great taste.

The lipase segment, among other types, is anticipated to grow at the highest CAGR during the forecast period owing to its increased use in cheese and yoghurt fermentation. It mainly finds use in the bakery, dairy, and oil and fat industries. The thriving food and beverage industry is aiding the growth of this segment, which in turn, is supporting the growth of the overall food enzymes industry.

Region-wise, while North America accounts for the largest share in the global market, the Asia Pacific is expected to be the fastest-growing region, especially India and China, owing to the rising influence of the western taste and rising awareness regarding health benefits of food enzymes consumption.

 

Properties and Applications

Food enzymes are the enzymes that occur in raw food and are responsible for initiating the process of digestion when present in the diet. Food enzyme acts as a catalyst and breaks down nutrients like vitamins, fats, and others, into simpler forms, further promoting healthy digestion. It is used in beverages, bakery, and dairy products as it can enhance its flavour, texture, and fragrance. It is used for preservation, coagulation, and tenderisation of such products.

 

Food Enzymes Market by Type

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The different sources of the product are:

  • Microorganisms
  • Bacteria
  • Fungi
  • Plants
  • Animals

The various types of the product available in the market are:

  • Carbohydrase
    • Amylase
    • Cellulase
    • Lactase
    • Pectinase
    • Others 
  • Protease
  • Lipase
  • Others

On the basis of formulation, the industry is divided into:

  • Powder
  • Liquid
  • Others

On the basis of application, the food enzymes market is divided into:

  • Beverages
  • Processed Foods
  • Dairy Products
  • Bakery Products
  • Confectionery Products
  • Others

The report also covers the regional food enzymes markets like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Food Enzymes Market by Region

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Market Analysis 

The global food enzymes market is driven by its growing use in processed food and high-quality food products. The market is aided by the inflating income levels, shifting lifestyles of consumers, and their growing preference for processed food. The accelerating urbanisation and prevalent availability of food enzymes and derived products are expected to boost the market over the forecast period.

Bakery products like bread, biscuits, pastries, doughnuts and rolls involve the use of food enzymes during their production as they act as a catalyst for biochemical reactions, further offering quality improvement in such products. The bakery products form one of the largest application markets for food enzymes. While the consumption of bakery products is prominent in North America and Western Europe, the Asia Pacific is the fastest growing region for bakery foods, with India and China being the major drivers. With rising consumer awareness regarding healthy and nutritional food, the demand for food with high quality has increased. Further, with the increasing demand for environment-friendly manufacturing processes, the overall food enzymes market is witnessing an increased demand. 

Food enzymes provides high nutritional content and enhances the texture and quality of the food product, thus, its demand to produce various packaged food has increased. Moreover, the growing influence of western taste and rising disposable incomes, particularly in the emerging economies is expected to aid the industry growth. The wide range of new applications of the enzymes within food and confectionery products are expected to drive the market growth over the forecast period. 

 

Competitive Landscape 

The report gives a detailed analysis of the following key players in the global food enzymes market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Amway Corp.
  • Kerry Inc.
  • Puratos 
  • BASF SE
  • Amano Enzyme Inc.
  • Bioseutica
  • Others 

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis. 

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2016-2020
Forecast Period 2021-2026
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Source, Formulation, Application, Region
Breakup by Type Carbohydrase, 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 Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Price Analysis Historical and Forecast Price Trends- Regional
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Amway Corp., Kerry Inc., Puratos, BASF SE, Amano Enzyme Inc., Bioseutica, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Food Enzymes Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Food Enzymes Historical Market (2016-2020) 
    8.3    Global Food Enzymes Market Forecast (2021-2026)
    8.4    Global Food Enzymes Market by Type
        8.4.1    Carbohydrase
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
            8.4.1.4    Market by Type
                8.4.1.4.1    Amylase 
                8.4.1.4.2    Cellulase 
                8.4.1.4.3    Lactase 
                8.4.1.4.4    Pectinase 
                8.4.1.4.5    Others
        8.4.2    Protease
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
        8.4.3    Lipase
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2016-2020)
            8.4.3.3    Forecast Trend (2021-2026)
        8.4.4    Others
    8.5    Global Food Enzymes Market by Source
        8.5.1    Microorganisms
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2016-2020)
            8.5.1.3    Forecast Trend (2021-2026)
        8.5.2    Bacteria
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2016-2020)
            8.5.2.3    Forecast Trend (2021-2026)
        8.5.3    Fungi
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2016-2020)
            8.5.3.3    Forecast Trend (2021-2026)
        8.5.4    Plants
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2016-2020)
            8.5.4.3    Forecast Trend (2021-2026)
        8.5.5    Animals
            8.5.5.1    Market Share
            8.5.5.2    Historical Trend (2016-2020)
            8.5.5.3    Forecast Trend (2021-2026)
    8.6    Global Food Enzymes Market by Formulation
        8.6.1    Powder
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2016-2020)
            8.6.1.3    Forecast Trend (2021-2026)
        8.6.2    Liquid
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2016-2020)
            8.6.2.3    Forecast Trend (2021-2026)
        8.6.3    Others
    8.7    Global Food Enzymes Market by Application
        8.7.1    Beverages
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2016-2020)
            8.7.1.3    Forecast Trend (2021-2026)
        8.7.2    Processed Foods
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2016-2020)
            8.7.2.3    Forecast Trend (2021-2026)
        8.7.3    Dairy Products
            8.7.3.1    Market Share
            8.7.3.2    Historical Trend (2016-2020)
            8.7.3.3    Forecast Trend (2021-2026)
        8.7.4    Bakery Products
            8.7.4.1    Market Share
            8.7.4.2    Historical Trend (2016-2020)
            8.7.4.3    Forecast Trend (2021-2026)
        8.7.5    Confectionery Products
            8.7.5.1    Market Share
            8.7.5.2    Historical Trend (2016-2020)
            8.7.5.3    Forecast Trend (2021-2026)
        8.7.6    Others
    8.8    Global Food Enzymes Market by Region
        8.8.1    Market Share
            8.8.1.1    North America
            8.8.1.2    Europe
            8.8.1.3    Asia Pacific
            8.8.1.4    Latin America
            8.8.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Price Analysis
13    Competitive Landscape

    13.1    Market Structure
    13.2    Key Players
    13.3    Company Profiles
        13.3.1    Amway Corp.
            13.3.1.1    Company Overview
            13.3.1.2    Product Portfolio
            13.3.1.3    Demographic Reach and Achievements
            13.3.1.4    Certifications
        13.3.2    Kerry Inc.
            13.3.2.1    Company Overview
            13.3.2.2    Product Portfolio
            13.3.2.3    Demographic Reach and Achievements
            13.3.2.4    Certifications
        13.3.3    Puratos 
            13.3.3.1    Company Overview
            13.3.3.2    Product Portfolio
            13.3.3.3    Demographic Reach and Achievements
            13.3.3.4    Certifications
        13.3.4    BASF SE
            13.3.4.1    Company Overview
            13.3.4.2    Product Portfolio
            13.3.4.3    Demographic Reach and Achievements
            13.3.4.4    Certifications
        13.3.5    Amano Enzyme Inc.
            13.3.5.1    Company Overview
            13.3.5.2    Product Portfolio
            13.3.5.3    Demographic Reach and Achievements
            13.3.5.4    Certifications
        13.3.6    Bioseutica
            13.3.6.1    Company Overview
            13.3.6.2    Product Portfolio
            13.3.6.3    Demographic Reach and Achievements
            13.3.6.4    Certifications
    13.3.7    Others
14    Industry Events and Developments


List of Figures and Tables

1.    Global Food Enzymes Market: Key Industry Highlights, 2016 and 2026
2.    Global Food Enzymes Historical Market: Breakup by Type (USD Billion), 2016-2020
3.    Global Food Enzymes Market Forecast: Breakup by Type (USD Billion), 2021-2026
4.    Global Food Enzymes Historical Market: Breakup by Source (USD Billion), 2016-2020
5.    Global Food Enzymes Market Forecast: Breakup by Source (USD Billion), 2021-2026
6.    Global Food Enzymes Historical Market: Breakup by Formulation (USD Billion), 2016-2020
7.    Global Food Enzymes Market Forecast: Breakup by Formulation (USD Billion), 2021-2026
8.    Global Food Enzymes Historical Market: Breakup by Application (USD Billion), 2016-2020
9.    Global Food Enzymes Market Forecast: Breakup by Application (USD Billion), 2021-2026
10.    Global Food Enzymes Historical Market: Breakup by Region (USD Billion), 2016-2020
11.    Global Food Enzymes Market Forecast: Breakup by Region (USD Billion), 2021-2026
12.    North America Food Enzymes Historical Market: Breakup by Country (USD Billion), 2016-2020
13.    North America Food Enzymes Market Forecast: Breakup by Country (USD Billion), 2021-2026
14.    Europe Food Enzymes Historical Market: Breakup by Country (USD Billion), 2016-2020
15.    Europe Food Enzymes Market Forecast: Breakup by Country (USD Billion), 2021-2026
16.    Asia Pacific Food Enzymes Historical Market: Breakup by Country (USD Billion), 2016-2020
17.    Asia Pacific Food Enzymes Market Forecast: Breakup by Country (USD Billion), 2021-2026
18.    Latin America Food Enzymes Historical Market: Breakup by Country (USD Billion), 2016-2020
19.    Latin America Food Enzymes Market Forecast: Breakup by Country (USD Billion), 2021-2026
20.    Middle East and Africa Food Enzymes Historical Market: Breakup by Country (USD Billion), 2016-2020
21.    Middle East and Africa Food Enzymes Market Forecast: Breakup by Country (USD Billion), 2021-2026
22.    Global Food Enzymes Market Structure

Key Questions Answered in the Report

In 2020, the global food enzymes market attained a value of nearly USD 2 billion. 

The market is projected to grow at a CAGR of 5.3% between 2021 and 2026.

The market is estimated to grow in the forecast period of 2021-2026 to reach about USD 2.7 billion by 2026. 

The major drivers of the industry, such as rising disposable incomes, increasing health awareness, growing demand for processed and high-quality food products, increased consumption of dairy and baked products, and growing technological advancements, are expected to aid the market growth.

The key market trends guiding the growth of the industry include the wide range of new applications of food enzymes within the confectionary sector, and growing R&D activities by the manufacturers.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific, with North America accounting for the largest share in the market. 

Microorganisms, bacteria, fungi, plants, and animals are the major sources of food enzymes in the industry.

Carbohydrase, protease, and lipase are the significant types of the product in the industry.  

The major formulation types of the product include powder and liquid, among others. 

The significant end use segments of the product include beverages, processed foods, dairy products, bakery products, and confectionery products, among others.  

The major players in the industry are Amway Corp., Kerry Inc., Puratos, BASF SE, Amano Enzyme Inc., and Bioseutica, among others.

Analyst Review

The global food enzymes market attained a value of USD 2 billion in 2020, driven by the growing consciousness regarding health and rapid technological advancements. Aided by the growing research and development activities, the market is expected to witness a further growth in the forecast period of 2021-2026, growing at a CAGR of 5.3%. The food enzymes market is projected to reach USD 2.7 billion by 2026. 

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its source, the industry can be segmented into microorganisms, bacteria, fungi, plants, and animals. On the basis of types, the industry is divided into carbohydrase, protease, and lipase, among others. On the basis of formulation, the industry is segregated into powder, liquid, and others. On the basis of end use segments, the industry is categorised into beverages, processed foods, dairy products, bakery products, and confectionery products, among others. The major regional markets for the product are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with North America accounting for the largest share of the market. The key players in the above market include Amway Corp., Kerry Inc., Puratos, BASF SE, Amano Enzyme Inc., and Bioseutica, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.  

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