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Food Enzymes Market

Global Food Enzymes Market Size, Share, Trends, Forecast: By Type: Carbohydrase, Protease, Lipase, Others; By Source: Microorganisms, Bacteria, Fungi, Plants, Animals; By Formulation: Powder, Liquid, Others; By Application: Beverages, Processed Foods, Dairy Products, Others; Regional Analysis; Competitive Landscape; 2024-2032

Global Food Enzymes Market Outlook 

The global food enzymes market reached a value of almost USD 2.33 billion in the year 2023. The industry is further expected to grow at a CAGR of 5.1% between 2024 and 2032 to reach a value of almost USD 3.65 billion by 2032.

 

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.

 

Market Segmentation

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 market based on the Porter's five forces model along with giving a SWOT analysis. 

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
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
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
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.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR 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    Opportunities and Challenges in the Market
8    Global Food Enzymes Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Food Enzymes Historical Market (2018-2023) 
    8.3    Global Food Enzymes Market Forecast (2024-2032)
    8.4    Global Food Enzymes Market by Type
        8.4.1    Carbohydrase
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
            8.4.1.3    Market by Type
                8.4.1.3.1    Amylase 
                8.4.1.3.2    Cellulase 
                8.4.1.3.3    Lactase 
                8.4.1.3.4    Pectinase 
                8.4.1.3.5    Others
        8.4.2    Protease
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Lipase
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
        8.4.4    Others
    8.5    Global Food Enzymes Market by Source
        8.5.1    Microorganisms
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Bacteria
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Fungi
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Plants
            8.5.4.1    Historical Trend (2018-2023)
            8.5.4.2    Forecast Trend (2024-2032)
        8.5.5    Animals
            8.5.5.1    Historical Trend (2018-2023)
            8.5.5.2    Forecast Trend (2024-2032)
    8.6    Global Food Enzymes Market by Formulation
        8.6.1    Powder
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Liquid
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Others
    8.7    Global Food Enzymes Market by Application
        8.7.1    Beverages
            8.7.1.1    Historical Trend (2018-2023)
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Processed Foods
            8.7.2.1    Historical Trend (2018-2023)
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    Dairy Products
            8.7.3.1    Historical Trend (2018-2023)
            8.7.3.2    Forecast Trend (2024-2032)
        8.7.4    Bakery Products
            8.7.4.1    Historical Trend (2018-2023)
            8.7.4.2    Forecast Trend (2024-2032)
        8.7.5    Confectionery Products
            8.7.5.1    Historical Trend (2018-2023)
            8.7.5.2    Forecast Trend (2024-2032)
        8.7.6    Others 
    8.8    Global Food Enzymes Market by Region
        8.8.1    North America
            8.8.1.1    Historical Trend (2018-2023)
            8.8.1.2    Forecast Trend (2024-2032)
        8.8.2    Europe
            8.8.2.1    Historical Trend (2018-2023)
            8.8.2.2    Forecast Trend (2024-2032)
        8.8.3    Asia Pacific
            8.8.3.1    Historical Trend (2018-2023)
            8.8.3.2    Forecast Trend (2024-2032)
        8.8.4    Latin America
            8.8.4.1    Historical Trend (2018-2023)
            8.8.4.2    Forecast Trend (2024-2032)
        8.8.5    Middle East and Africa
            8.8.5.1    Historical Trend (2018-2023)
            8.8.5.2    Forecast Trend (2024-2032)
9    North America Food Enzymes Market Analysis
    9.1    United States of America
        9.1.1    Historical Trend (2018-2023)
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023)
        9.2.2    Forecast Trend (2024-2032)
10    Europe Food Enzymes Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023)
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023)
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023)
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023)
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Food Enzymes Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023)
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023)
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023)
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023)
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023)
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Food Enzymes Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023)
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023)
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023)
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Food Enzymes Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023)
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023)
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023)
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023)
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Price Analysis
17    Competitive  Landscape

    17.1    Market Structure
    17.2    Company Profiles
        17.2.1    Amway Corp.
            17.2.1.1    Company Overview
            17.2.1.2    Product Portfolio
            17.2.1.3    Demographic Reach and Achievements
            17.2.1.4    Certifications
        17.2.2    Kerry Inc.
            17.2.2.1    Company Overview
            17.2.2.2    Product Portfolio
            17.2.2.3    Demographic Reach and Achievements
            17.2.2.4    Certifications
        17.2.3    Puratos
            17.2.3.1    Company Overview
            17.2.3.2    Product Portfolio
            17.2.3.3    Demographic Reach and Achievements
            17.2.3.4    Certifications
        17.2.4    BASF SE
            17.2.4.1    Company Overview
            17.2.4.2    Product Portfolio
            17.2.4.3    Demographic Reach and Achievements
            17.2.4.4    Certifications
        17.2.5    Amano Enzyme Inc.
            17.2.5.1    Company Overview
            17.2.5.2    Product Portfolio
            17.2.5.3    Demographic Reach and Achievements
            17.2.5.4    Certifications
        17.2.6    Bioseutica
            17.2.6.1    Company Overview
            17.2.6.2    Product Portfolio
            17.2.6.3    Demographic Reach and Achievements
            17.2.6.4    Certifications
        17.2.7    Others
18    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    Global Food Enzymes Market: Key Industry Highlights, 2018 and 2032
2.    Global Food Enzymes Historical Market: Breakup by Type (USD Billion), 2018-2023
3.    Global Food Enzymes Market Forecast: Breakup by Type (USD Billion), 2024-2032
4.    Global Food Enzymes Historical Market: Breakup by Source (USD Billion), 2018-2023
5.    Global Food Enzymes Market Forecast: Breakup by Source (USD Billion), 2024-2032
6.    Global Food Enzymes Historical Market: Breakup by Formulation (USD Billion), 2018-2023
7.    Global Food Enzymes Market Forecast: Breakup by Formulation (USD Billion), 2024-2032
8.    Global Food Enzymes Historical Market: Breakup by Application (USD Billion), 2018-2023
9.    Global Food Enzymes Market Forecast: Breakup by Application (USD Billion), 2024-2032
10.    Global Food Enzymes Historical Market: Breakup by Region (USD Billion), 2018-2023
11.    Global Food Enzymes Market Forecast: Breakup by Region (USD Billion), 2024-2032
12.    North America Food Enzymes Historical Market: Breakup by Country (USD Billion), 2018-2023
13.    North America Food Enzymes Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.    Europe Food Enzymes Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    Europe Food Enzymes Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    Asia Pacific Food Enzymes Historical Market: Breakup by Country (USD Billion), 2018-2023
17.    Asia Pacific Food Enzymes Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.    Latin America Food Enzymes Historical Market: Breakup by Country (USD Billion), 2018-2023
19.    Latin America Food Enzymes Market Forecast: Breakup by Country (USD Billion), 2024-2032
20.    Middle East and Africa Food Enzymes Historical Market: Breakup by Country (USD Billion), 2018-2023
21.    Middle East and Africa Food Enzymes Market Forecast: Breakup by Country (USD Billion), 2024-2032
22.    Global Food Enzymes Market Structure

Key Questions Answered in the Report

In 2023, the global food enzymes market attained a value of nearly USD 2.33 billion. 

The market is projected to grow at a CAGR of 5.1% between 2024 and 2032.

The market is estimated to grow in the forecast period of 2024-2032 to reach about USD 3.65 billion by 2032. 

The major market drivers include increasing health awareness, growing demand for processed and high-quality food products, surging consumption of dairy and baked products, and technological advancements and innovations.

The key trends guiding the market include growing applications of food enzymes in the confectionary sector, growing R&D activities by manufacturers, and growing demand for high-quality processed food.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

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

Carbohydrase, protease, and lipase, among others, are the significant types of food enzymes.

The various formulations of food enzymes considered in the market report are powder and liquid, among others.

Beverages, processed foods, dairy products, bakery products, and confectionery products, among others, are the major applications of food enzymes.

The major players in the market 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 2.33 billion in 2023, 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 2024-2032, growing at a CAGR of 5.1%. The food enzymes market is projected to reach USD 3.65 billion by 2032. 

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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