Food Enzymes Market by Type, Application, Source, and Region - 2023

1. MarketsandMarkets™ Presents Food Enzymes Market - Forecast to 2023 https://www.marketsandmarkets.com/Market-Reports/food-enzymes-market-800.html

2. The report "Food Enzymes Market by Type (Carbohydrase, Protease, Lipase), Application (Beverages, Bakery Products, Dairy Products, Confectionery Products, Processed Foods), Formulation (Lyophilized Powder and Liquid), Source, and Region - Global Forecast to 2023" The Food Enzymes Market Is Projected To Account for a Value of USD 3.2 Billion By 2023 With the increasing prevalence of diseases among consumers, manufacturers focus on offering high-quality food products that are nutrition-dense. In addition, retailers prefer accommodating shelves for food products with an enhanced shelf life. Due to the increasing demand for food products that are rich in nutrition and have extended shelf life, manufacturers are increasingly utilizing food enzymes. According to MarketsandMarkets, the food enzymes market is projected to account for a value of USD 3.2 billion by 2023, recording a CAGR of 6.9%. Browse 139 market data Tables and 34 Figures spread through 193 Pages and in-depth TOC on "Food Enzymes Market - Global Forecast to 2023“ North America is projected to account for the largest share of the global food enzymes market by 2023 Technological advancements have made food enzymes available for a wide range of applications in the food & beverage sector, which is estimated to drive growth in this region. Companies such as DowDuPont (US) and Archer Daniels Midland Company (US) play a vital role in meeting the growing demand for processed food in this region, which has resulted in the increased demand for food enzymes.  Asia Pacific is projected to be the fastest-growing in the global food enzymes market during the forecast period, owing to the rising awareness, market potential for existing products, and unexplored application segments. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=800

3. The years considered for the study are as follows: • Base year: 2017 • Estimated year: 2018 • Projected year: 2023 • Forecast period: 2018–2023 • Objectives of the study: • Determining and projecting the size of the food enzymes market with respect to type, application, source, formulation, and regional presence over a five-year period, ranging from 2018 to 2023 • Identifying attractive opportunities in the market by determining the largest and fastest-growing segments across regions • Understanding the competitive landscape and identifying the major growth strategies adopted by the players across the key regions • Analyzing the regulatory frameworks across regions and their impact on the prominent market players • Providing insights on key investments in product innovations and technology • The key players in the global food enzymes market include DowDuPont (US), Associated British Foods (UK), DSM (Netherlands), Novozymes (Denmark), and Chr. Hansen (Denmark), Brenntag Pte. (Germany), Kerry Group (Ireland), Jiangsu Boli Bioproducts (China), Biocatalysts (UK), Puratos Group (Belgium), Advanced Enzymes Technologies (India), Amano Enzyme (Japan), and Enzyme Development Corporation (US). • Make an Inquiry: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=800

4. The Carbohydrase Segment To Be a Leading Revenue Contributor in the Food Enzymes Market During the Forecast Period For enhanced digestion of food products, manufacturers are focusing on utilizing food enzymes such as carbohydrase. Of the various types, carbohydrase is considered one of the major enzymes and witnesses a high demand in the food & beverage industry. It helps to break down carbohydrates into simple sugar, which improves digestion. Owing to these factors, the carbohydrates segment is projected to dominate the food enzymes market during the forecast period. he Demand for Food Enzymes To Remain Concentrated in the Bakery Segment During the Forecast Period High consumption of bakery products among consumers has led to the increasing demand for ingredients such as gluten lipids, enzymes, wheat flour, non-starch polysaccharides, and starch. With the addition of enzymes to the dough, manufacturers focus on shortening the baking period and prevent early staling of bread. Due to these factors, food enzymes continue to remain a preferred alternative to chemical additives in the bakery industry. The Food Enzymes Market To Record the Fastest Growth in Asia Pacific Throughout 2023 In parallel to the growing population in various countries of Asia Pacific, the demand for different food products is projected to remain high. As manufacturers focus on catering to the increasing demand from consumers for high-quality food products in a shorter period, the market for food enzymes is projected to increase in this region over the coming years. Request Sample: https://www.marketsandmarkets.com/requestsampleNew.asp?id=800

5. Overall, the food enzymes market is projected to witness significant growth during the forecast period. With the increasing demand for food products in retail outlets, manufacturers are focusing on utilizing feed additives to shorten the production time and offer premium-quality products. These factors are projected to contribute to the growth of the market significantly. • Target Audience: • Raw material suppliers • Regulatory bodies, which include the following: • Agencies and authorities such as the United States Department of Agriculture (USDA), the Food and Agriculture Organization (FAO), and the Environmental Protection Agency (EPA) • Government regulatory bodies and NGOs • End users, which include the following: • Food & beverage manufacturers/suppliers • Companies (manufacturers/suppliers) that use food enzymes as the main ingredient • Research centers, laboratories, and scientific institutes • Retailers • Commercial research & development (R&D) institutions and financial institutions • Importers and exporters of food enzyme products • Traders, distributors, and suppliers • Government and research organizations • Trade associations and industry bodies • Speak to Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=800

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