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Increasing consumption of processed food & beverage products will stimulate the product adoption rate.
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Food Enzymes Market Size to Cross USD 780 Mn by 2027 Global Market Insights Inc.
Overview of Food Enzymes Market • The global food enzymes market is expected to observe robust growth through 2027 driven by rising awareness of product benefits across the globe. • Food enzymes aid the digestion of fat, protein, fiber, and carbohydrates. They work in a wide pH range and help "pre-digest" food in the stomach. Through pre-digestion, food enzymes assist the digestive response of the body and relieve digestive symptoms. Increasing prevalence of poor digestion among people has been favorable for product uptake in recent years. • The global food enzymes market has been segmented in terms of product, application, and region. Based on product, the market has further been divided into lipases, proteases, carbohydrases, phytases, polymerases & nucleases, and catalases. • The lipases sub-segment held a sizable revenue share in the market and is anticipated to grow at a robust pace over 2021-2027. Increasing demand for lipases owing to its functions, such as cleaning agents, flavorants, texturants, and shelf life enhancers, is set to fuel segmental growth in the coming years. Global Market Insights Inc.
Continue… • The polymerases & nucleases sub-segment is estimated to reach a substantial valuation by 2027, expanding at a notable CAGR through the assessment timeframe. Polymerases & nucleases are witnessing an upsurge in demand due to their wide usage in food safety applications, which is set to propel segmental development over the review period. • The catalases sub-segment is projected to garner a significant share in the market by 2027, registering a steady CAGR through the study timeframe. Extensive utilization of catalases as food preservative and PH stabilizer in the food & beverage industry is slated to drive segmental demand in the upcoming years. • The food enzymes market has been categorized into processed food, bakery, beverages, dairy, and confectionary. The dairy sub-segment is likely to observe optimistic growth at a solid CAGR through the forecast period. Rising demand for dairy and dairy processed foods is foreseen to drive segmental adoption in the forthcoming years. • The confectionary sub-segment is expected to attain a considerable share in the market by the end of 2027. Growing usage of amylase enzymes in confectionary applications for processing starches and syrups is speculated to drive segmental uptake over the following years. Global Market Insights Inc.
Continue… • South America accounted for a significant share in the overall industry revenue in 2020 and is likely to progress at a stable pace over 2021-2027. Surging need for processed foods in the region is projected to drive regional market growth through the review timeline. • The Middle East & Africa food enzymes industry is speculated to witness sturdy expansion at a notable CAGR through the forecast period. Increasing application of food enzymes in alcoholic and non-alcoholic beverage fermentation is calculated to foster regional market outlook in the future. • Notable participants in the Food Enzymes market includeBASF, Royal DSM, Chr. Hansen, Enmex, Advanced Enzymes, Danisco A/S, Specialty Enzymes and Probiotics, Aumgene Biosciences, Lumis Biotech, Codexis, Hayashibara, Enzyme Innovation Global Market Insights Inc.
Browse Full Research Report On Food Enzymes Market@ https://bit.ly/3PymvMK Request for a sample of this research report @ https://bit.ly/3Pqm1IM Global Market Insights Inc.
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