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Press release content from Business Wire. The AP news staff was not involved in its creation.

Global Food Enzymes Market Outlook and Forecast 2019-2024 - ResearchAndMarkets.com

November 22, 2019

DUBLIN--(BUSINESS WIRE)--Nov 22, 2019--

The “Food Enzymes Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024” report has been added to ResearchAndMarkets.com’s offering.

The global food enzymes market was worth US$ 1.8 Billion in 2018. Looking forward, the market is projected to reach a value of US$ 2.6 Billion by 2024, registering a CAGR of 5% during 2019-2024.

The thriving food processing industry, along with growing consumer awareness for nutritional products, is the key factor driving the growth of the market. There is an increasing demand for nutrient-rich and high-quality food and beverages. Also, shifting dietary preferences of consumer toward natural, organic and chemical-free food has alleviated the adoption of food enzymes.

Furthermore, the rising demand for frozen and processed food products is also favoring the market growth. Consumers are increasingly opting for on-the-go and convenience food products owing to their changing lifestyles and busy schedules.

Additionally, increasing beverage consumption, including both alcoholic and non-alcoholic, has enhanced the usage of food enzymes in the beverage industry. Various food enzymes are used for the extraction of fruit and vegetable juices. In the wine industry, they are utilized for the process of clarification and filtration and increasing juice yield.

Apart from this, extensive research and development (R&D) activities for waste reduction and enhancing food security and safety are further catalyzing the growth of the market.

Competitive Landscape

The report has also analyzed the competitive landscape of the market with some of the key players being DowDuPont, Amway, BASF, DSM, Novozymes, Chr. Hansen, Kerry Group, Biocatalysts, Puratos Group, Advanced Enzyme Tech, Sequence Biotech, Amano Enzyme, Aum Enzymes, Bioseutica, Dyadic International Inc., etc.

Key Questions Answered in this Report

Key Topics Covered

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global Food Enzymes Market

5.1 Market Overview

5.2 Market Performance

5.3 Market Breakup by Type

5.4 Market Breakup by Source

5.5 Market Breakup by Formulation

5.6 Market Breakup by Application

5.7 Market Breakup by Region

5.8 Market Forecast

6 Market Breakup by Type

6.1 Carbohydrase

6.2 Protease

6.3 Lipase

6.4 Others

7 Market Breakup by Source

7.1 Microorganisms

7.2 Bacteria

7.3 Fungi

7.4 Plants

7.5 Animals

8 Market Breakup by Formulation

8.1 Powder

8.2 Liquid

8.3 Others

9 Market Breakup by Application

9.1 Beverages

9.2 Processed Foods

9.3 Dairy Products

9.4 Bakery Products

9.5 Confectionery Products

9.6 Others

10 Market Breakup by Region

10.1 North America

10.2 Europe

10.3 Asia-Pacific

10.4 Middle East & Africa

10.5 Latin America

11 SWOT Analysis

11.1 Overview

11.2 Strengths

11.3 Weaknesses

11.4 Opportunities

11.5 Threats

12 Value Chain Analysis

13 Porter’s Five Forces Analysis

13.1 Overview

13.2 Bargaining Power of Buyers

13.3 Bargaining Power of Suppliers

13.4 Degree of Competition

13.5 Threat of New Entrants

13.6 Threat of Substitutes

14 Price Analysis

15 Competitive Landscape

15.1 Market Structure

15.2 Key Players

15.3 Profiles of Key Players

15.3.1 DowDuPont

15.3.2 Amway

15.3.3 BASF

15.3.4 DSM

15.3.5 Novozymes

15.3.6 Chr. Hansen

15.3.7 Kerry Group

15.3.8 Biocatalysts

15.3.9 Puratos Group

15.3.10 Advanced Enzyme Tech

15.3.11 Sequence Biotech

15.3.12 Amano Enzyme

15.3.13 Aum Enzymes

15.3.14 Bioseutica

15.3.15 Dyadic International Inc.

For more information about this report visit https://www.researchandmarkets.com/r/rtxbu3

View source version on businesswire.com:https://www.businesswire.com/news/home/20191122005265/en/

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SOURCE: Research and Markets

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