Food Enzymes Market Size, Share, Growth Report 2024

IMARC Group, a leading market research company, has recently released a report titled “Food Enzymes Market Report by Type (Carbohydrase, Protease, Lipase, and Others), Source (Microorganisms, Plants, Animals), Formulation (Powder, Liquid, and Others), Application (Beverages, Processed Foods, Dairy Products, Bakery Products, Confectionery Products, and Others), and Region 2024-2032”. The study provides a detailed analysis of the industry, including the global food enzymes market share, trends, size, and industry trends forecast. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

The global food enzymes market size reached US$ 3.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 6.3 Billion by 2032, exhibiting a growth rate (CAGR) of 6.1% during 2024-2032.

Global Food Enzymes Market Trends:

The growing demand for food enzymes, as they help in improving production processes, reducing production time, and enhancing yields, thereby lowering costs, is boosting the market growth.

Additionally, the rising product adoption as it contributes to sustainable food production by reducing energy consumption and waste generation, is supporting the market growth. Besides this, the widespread product utilization in a variety of food products, such as dairy, bakery, beverages, and meat processing, is fueling the market growth.

Furthermore, recent advances in enzyme technology, including improved stability and activity under diverse conditions, which are expanding application possibilities, are stimulating the market growth.

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Factors Affecting the Growth of the Food Enzymes Industry:

• Demand for Processed Foods:

The increasing consumer preference for processed foods is a significant factor accelerating the market growth. As lifestyles become busier and urbanization rises, consumers seek convenient and ready-to-eat (RTE) food options. Food enzymes play a crucial role in food processing by facilitating efficient and cost-effective production processes. Enzymes help in breaking down complex molecules like starches, proteins, and fats into simpler compounds, thereby enhancing the flavor, texture, and nutritional profiles of processed foods.

Moreover, food enzymes enable manufacturers to streamline production, reduce cooking times, and improve overall product consistency, meeting the demand for quality and standardized food products in global markets.

• Clean Label Trends:

Clean label trends are reshaping the food industry landscape, with consumers increasingly scrutinizing ingredient lists for natural and minimally processed additives. Food enzymes are perceived favorably in this context because they are derived from natural sources and are often considered cleaner alternatives to synthetic additives. They enable food manufacturers to achieve desired functionalities such as texture enhancement, fat reduction, and shelf-life extension without compromising on product quality or safety. As regulatory bodies globally tighten controls on chemical additives, enzymes offer a viable solution to meet clean label requirements while maintaining product efficacy and consumer appeal.

• Health and Wellness Trends:

The growing emphasis on health and wellness is driving the demand for food products that offer nutritional benefits without compromising on taste or convenience. Food enzymes play a pivotal role in supporting these trends by enabling manufacturers to reformulate products with reduced levels of sugar, fat, and sodium while enhancing their nutritional profiles. Food enzymes aid in breaking down nutrients for better absorption, improving digestive health, and promoting overall wellness.

Furthermore, they contribute to the production of gluten-free and allergen-free foods, catering to the rising prevalence of dietary restrictions and preferences among consumers. As awareness of dietary impact on health increases, food enzymes are becoming indispensable tools for food manufacturers striving to meet consumer demands for healthier, yet flavorful and convenient, food options.

Food Enzymes Market Report Segmentation:

By Type:

Carbohydrase

• Amylase
• Cellulase
• Lactase
• Pectinase
• Others

Protease

Lipase 

Others

Carbohydrase holds the majority of the market share due to their pivotal role in breaking down complex carbohydrates into simpler sugars, crucial for enhancing flavor, texture, and nutritional profiles in a wide array of processed foods, thereby driving their extensive use in the food industry.

By Source:

• Microorganisms
• Plants 
• Animals

Microorganisms accounted for the largest market share due to their scalability, cost-effectiveness, and ability to produce a diverse range of enzymes suitable for various food processing applications.

By Formulation:

• Powder
• Liquid
• Others

Powder represented the largest segment because it offers ease of handling, stability, and uniform dispersion in food processing applications.

By Application:

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

Processed foods hold the majority of the market share, driven by urbanization, busy lifestyles, and increasing consumer preference for convenience.

Regional Insights:

• North America
• Europe
• Asia Pacific
• Middle East and Africa
• Latin America

North America’s dominance in the market is attributed to high consumer demand for innovative and healthier food products, stringent food safety regulations encouraging enzyme usage, and robust investments in food technology and research.

Competitive Landscape with Key Players:

The competitive landscape of the food enzymes market size has been studied in the report with the detailed profiles of the key players operating in the market.

Some of These Key Players Include:

• DuPont de Nemours, Inc.
• Amway
• BASF
• DSM
• Novozymes
• Chr. Hansen
• Kerry Group
• Biocatalysts
• Puratos Group
• Advanced Enzyme Tech
• Sequence Biotech
• Amano Enzyme
• Aum Enzymes
• Bioseutica
• Dyadic International Inc.

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Key Highlights of the Report:

• Market Performance (2018-2023)
• Market Outlook (2024-2032)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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