Global food enzymes market expected to reach approximately USD 2.60 billion by 2024, growing at a CAGR of around 7.2% between 2018 and 2024. Food enzymes are used in food preservation and production of specific ingredients aimed at the formulation. Traditionally, these enzymes are isolated from mammalian tissues, plants, or microorganisms.
The report covers a detailed analysis and forecast for the food enzymes market on a global and regional level. The study offers historical data from 2015 to 2017 along with a forecast from 2018 to 2024 based on revenue (USD Million). The study comprises a comprehensive view of the market with the review of market drivers, restraints and opportunities. It also provides the level of impact of drivers and restraints on the food enzymes market between 2017 and 2024.
The study included a detailed competitive scenario and product portfolio of key vendors. The report evaluates Porter’s Five Forces model to analyze the different factors affecting the growth of the food enzymes market. Moreover, the study encompasses a market attractiveness analysis, which provides the most attractive and least attractive market segments information by type, application, source, and region.
The report includes detailed segmentation of food enzymes market based on type, application, source, and region. On the basis of type, the market can be fragmented into protease, carbohydrase, lipase, and others. Based on application, the market can be segmented into bakery & confectionery, beverage, dairy, and convenience food. Based on the source, the market can be divided into animal, plant, and microorganism. Major regional segment analyzed in this report include North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa with its further divided into major countries including the U.S., Germany, France, the UK, China, Japan, India, and Brazil.
The report offers comprehensive competitive outlook including company profiles and market shares of the key players functioning in the global food enzymes market. The key players included in the report are Royal DSM N.V., Chr. Hansen Holding A/S, Nagase Chemtex Corporation, Biocatalysts Limited, Amano Enzyme Inc., Rossari Biotech Limited, Dyadic International Inc., AB Enzymes GmbH, Shenzhen Leveking Bio-Engineering Co. Ltd., E.l. Du Pont de Nemours & Company, Novozymes A/S, Puratos Group NV, Jiangsu Boli Bioproducts Co. Ltd., Sunson Industry Group Company Limited, Lumis Biotech Private Limited, Engrain, Enmex SA DE CV, Maps Enzyme Limited, AUM Enzymes, and Advanced Enzymes Technologies Limited.
This report segments the global food enzymes market as follows:
Global Food Enzymes Market: Type Segment Analysis
Global Food Enzymes Market: Application Segment Analysis
Global Food Enzymes Market: Source Segment Analysis
Global Food Enzymes Market: Regional Segment Analysis
List of Figures
1. Market research process
2. Market research methodology
3. Global Food Enzymes market revenue, 2015 – 2024 (USD Billion)
4. Porter’s five forces analysis
5. Food Enzymes market attractiveness analysis, by type segment
6. Food Enzymes market attractiveness analysis, by application segment
7. Food Enzymes market attractiveness analysis, by application segment
8. Food Enzymes market: market attractiveness analysis, by regional segment
9. Company market share analysis, 2017
10. Global Food Enzymes market revenue share by type, 2017 and 2024
11. Global Food Enzymes market for Enzymes, 2015 – 2024 (USD Billion)
12. Global Food Enzymes market for Protease, 2015 – 2024 (USD Billion)
13. Global Food Enzymes market for Carbohydrase, 2015 – 2024 (USD Billion)
14. Global Food Enzymes market for Lipase, 2015 – 2024 (USD Billion)
15. Global Food Enzymes market for Others, 2015 – 2024 (USD Billion)
16. Global Food Enzymes market revenue share by application, 2017 and 2024
17. Global Food Enzymes market for Bakery & Confectionery, 2015 – 2024 (USD Billion)
18. Global Food Enzymes market for Beverages, 2015 – 2024 (USD Billion)
19. Global Food Enzymes market for Dairy, 2015 – 2024 (USD Billion)
20. Global Food Enzymes market for Convenience Foods, 2015 – 2024 (USD Billion)
21. Global Food Enzymes market revenue share by source, 2017 and 2024
22. Global Food Enzymes market for plant, 2015 – 2024 (USD Billion)
23. Global Food Enzymes market for microorganism, 2015 – 2024 (USD Billion)
24. Global Food Enzymes market for animal, 2015 – 2024 (USD Billion)
25. North America Food Enzymes market, 2015-2024 (USD Billion)
26. Europe Food Enzymes market, 2015-2024 (USD Billion)
27. Asia Pacific Food Enzymes market, 2015-2024 (USD Billion)
28. Latin America Food Enzymes market, 2015-2024 (USD Billion)
29. Middle East and Africa Food Enzymes market, 2015-2024 (USD Billion)
List of Tables
1. Global Food Enzymes market: Market snapshot
2. Drivers of global Food Enzymes market: Impact analysis
3. Restraints of global Food Enzymes market: Impact analysis
4. North America Food Enzymes market revenue, by type, 2015 - 2024(USD Billion)
5. North America Food Enzymes market revenue, by Enzymes, 2015 - 2024(USD Billion)
6. North America Food Enzymes market revenue, by Protease, 2015 - 2024(USD Billion)
7. North America Food Enzymes market revenue, by Carbohydrase, 2015 - 2024(USD Billion)
8. North America Food Enzymes market revenue, by Lipase, 2015 - 2024(USD Billion)
9. North America Food Enzymes market revenue, by Others, 2015 - 2024(USD Billion)
10. North America Food Enzymes market revenue, by application, 2015 - 2024(USD Billion)
11. North America Food Enzymes market revenue, by Bakery & Confectionery, 2015 - 2024(USD Billion)
12. North America Food Enzymes market revenue, by Beverages, 2015 - 2024(USD Billion)
13. North America Food Enzymes market revenue, by Dairy, 2015 - 2024(USD Billion)
14. North America Food Enzymes market revenue, by Convenience Foods, 2015 - 2024(USD Billion)
15. North America Food Enzymes market revenue, by source, 2015 - 2024(USD Billion)
16. North America Food Enzymes market revenue, by plant, 2015 - 2024(USD Billion)
17. North America Food Enzymes market revenue, by microorganism, 2015 - 2024(USD Billion)
18. North America Food Enzymes market revenue, by animal, 2015 - 2024(USD Billion)
19. U.S. Food Enzymes market revenue, by type, 2015 - 2024(USD Billion)
20. U.S. Food Enzymes market revenue, by Enzymes, 2015 - 2024(USD Billion)
21. U.S. Food Enzymes market revenue, by Protease, 2015 - 2024(USD Billion)
22. U.S. Food Enzymes market revenue, by Carbohydrase, 2015 - 2024(USD Billion)
23. U.S. Food Enzymes market revenue, by Lipase, 2015 - 2024(USD Billion)
24. U.S. Food Enzymes market revenue, by Others, 2015 - 2024(USD Billion)
25. U.S. Food Enzymes market revenue, by application, 2015 - 2024(USD Billion)
26. U.S. Food Enzymes market revenue, by Bakery & Confectionery, 2015 - 2024(USD Billion)
27. U.S. Food Enzymes market revenue, by Beverages, 2015 - 2024(USD Billion)
28. U.S. Food Enzymes market revenue, by Dairy, 2015 - 2024(USD Billion)
29. U.S. Food Enzymes market revenue, by Convenience Foods, 2015 - 2024(USD Billion)
30. U.S. Food Enzymes market revenue, by source, 2015 - 2024(USD Billion)
31. U.S. Food Enzymes market revenue, by plant, 2015 - 2024(USD Billion)
32. U.S. Food Enzymes market revenue, by microorganism, 2015 - 2024(USD Billion)
33. U.S. Food Enzymes market revenue, by animal, 2015 - 2024(USD Billion)
34. Europe Food Enzymes market revenue, by type, 2015 - 2024(USD Billion)
35. Europe Food Enzymes market revenue, by Enzymes, 2015 - 2024(USD Billion)
36. Europe Food Enzymes market revenue, by Protease, 2015 - 2024(USD Billion)
37. Europe Food Enzymes market revenue, by Carbohydrase, 2015 - 2024(USD Billion)
38. Europe Food Enzymes market revenue, by Lipase, 2015 - 2024(USD Billion)
39. Europe Food Enzymes market revenue, by Others, 2015 - 2024(USD Billion)
40. Europe Food Enzymes market revenue, by application, 2015 - 2024(USD Billion)
41. Europe Food Enzymes market revenue, by Bakery & Confectionery, 2015 - 2024(USD Billion)
42. Europe Food Enzymes market revenue, by Beverages, 2015 - 2024(USD Billion)
43. Europe Food Enzymes market revenue, by Dairy, 2015 - 2024(USD Billion)
44. Europe Food Enzymes market revenue, by Convenience Foods, 2015 - 2024(USD Billion)
45. Europe Food Enzymes market revenue, by source, 2015 - 2024(USD Billion)
46. Europe Food Enzymes market revenue, by plant, 2015 - 2024(USD Billion)
47. Europe Food Enzymes market revenue, by microorganism, 2015 - 2024(USD Billion)
48. Europe Food Enzymes market revenue, by animal, 2015 - 2024(USD Billion)
49. Germany Food Enzymes market revenue, by type, 2015 - 2024(USD Billion)
50. Germany Food Enzymes market revenue, by Enzymes, 2015 - 2024(USD Billion)
51. Germany Food Enzymes market revenue, by Protease, 2015 - 2024(USD Billion)
52. Germany Food Enzymes market revenue, by Carbohydrase, 2015 - 2024(USD Billion)
53. Germany Food Enzymes market revenue, by Lipase, 2015 - 2024(USD Billion)
54. Germany Food Enzymes market revenue, by Others, 2015 - 2024(USD Billion)
55. Germany Food Enzymes market revenue, by application, 2015 - 2024(USD Billion)
56. Germany Food Enzymes market revenue, by Bakery & Confectionery, 2015 - 2024(USD Billion)
57. Germany Food Enzymes market revenue, by Beverages, 2015 - 2024(USD Billion)
58. Germany Food Enzymes market revenue, by Dairy, 2015 - 2024(USD Billion)
59. Germany Food Enzymes market revenue, by Convenience Foods, 2015 - 2024(USD Billion)
60. Germany Food Enzymes market revenue, by source, 2015 - 2024(USD Billion)
61. Germany Food Enzymes market revenue, by plant, 2015 - 2024(USD Billion)
62. Germany Food Enzymes market revenue, by microorganism, 2015 - 2024(USD Billion)
63. Germany Food Enzymes market revenue, by animal, 2015 - 2024(USD Billion)
64. France Food Enzymes market revenue, by type, 2015 - 2024(USD Billion)
65. France Food Enzymes market revenue, by Enzymes, 2015 - 2024(USD Billion)
66. France Food Enzymes market revenue, by Protease, 2015 - 2024(USD Billion)
67. France Food Enzymes market revenue, by Carbohydrase, 2015 - 2024(USD Billion)
68. France Food Enzymes market revenue, by Lipase, 2015 - 2024(USD Billion)
69. France Food Enzymes market revenue, by Others, 2015 - 2024(USD Billion)
70. France Food Enzymes market revenue, by Bakery & Confectionery, 2015 - 2024(USD Billion)
71. France Food Enzymes market revenue, by Beverages, 2015 - 2024(USD Billion)
72. France Food Enzymes market revenue, by Dairy, 2015 - 2024(USD Billion)
73. France Food Enzymes market revenue, by Convenience Foods, 2015 - 2024(USD Billion)
74. France Food Enzymes market revenue, by source, 2015 - 2024(USD Billion)
75. France Food Enzymes market revenue, by plant, 2015 - 2024(USD Billion)
76. France Food Enzymes market revenue, by microorganism, 2015 - 2024(USD Billion)
77. France Food Enzymes market revenue, by animal, 2015 - 2024(USD Billion)
78. UK Food Enzymes market revenue, by type, 2015 - 2024(USD Billion)
79. UK Food Enzymes market revenue, by Enzymes, 2015 - 2024(USD Billion)
80. UK Food Enzymes market revenue, by Protease, 2015 - 2024(USD Billion)
81. UK Food Enzymes market revenue, by Carbohydrase, 2015 - 2024(USD Billion)
82. UK Food Enzymes market revenue, by Lipase, 2015 - 2024(USD Billion)
83. UK Food Enzymes market revenue, by Others, 2015 - 2024(USD Billion)
84. UK Food Enzymes market revenue, by application, 2015 - 2024(USD Billion)
85. UK Food Enzymes market revenue, by Bakery & Confectionery, 2015 - 2024(USD Billion)
86. UK Food Enzymes market revenue, by Beverages, 2015 - 2024(USD Billion)
87. UK Food Enzymes market revenue, by Dairy, 2015 - 2024(USD Billion)
88. UK Food Enzymes market revenue, by Convenience Foods, 2015 - 2024(USD Billion)
89. UK Food Enzymes market revenue, by source, 2015 - 2024(USD Billion)
90. UK Food Enzymes market revenue, by plant, 2015 - 2024(USD Billion)
91. UK Food Enzymes market revenue, by microorganism, 2015 - 2024(USD Billion)
92. UK Food Enzymes market revenue, by animal, 2015 - 2024(USD Billion)
93. Asia Pacific Food Enzymes market revenue, by type, 2015 - 2024(USD Billion)
94. Asia Pacific Food Enzymes market revenue, by Enzymes, 2015 - 2024(USD Billion)
95. Asia Pacific Food Enzymes market revenue, by Protease, 2015 - 2024(USD Billion)
96. Asia Pacific Food Enzymes market revenue, by Carbohydrase, 2015 - 2024(USD Billion)
97. Asia Pacific Food Enzymes market revenue, by Lipase, 2015 - 2024(USD Billion)
98. Asia Pacific Food Enzymes market revenue, by Others, 2015 - 2024(USD Billion)
99. Asia Pacific Food Enzymes market revenue, by application, 2015 - 2024(USD Billion)
100. Asia Pacific Food Enzymes market revenue, by Bakery & Confectionery, 2015 - 2024(USD Billion)
101. Asia Pacific Food Enzymes market revenue, by Beverages, 2015 - 2024(USD Billion)
102. Asia Pacific Food Enzymes market revenue, by Dairy, 2015 - 2024(USD Billion)
103. Asia Pacific Food Enzymes market revenue, by Convenience Foods, 2015 - 2024(USD Billion)
104. Asia Pacific Food Enzymes market revenue, by source, 2015 - 2024(USD Billion)
105. Asia Pacific Food Enzymes market revenue, by plant, 2015 - 2024(USD Billion)
106. Asia Pacific Food Enzymes market revenue, by microorganism, 2015 - 2024(USD Billion)
107. Asia Pacific Food Enzymes market revenue, by animal, 2015 - 2024(USD Billion)
108. China Food Enzymes market revenue, by type, 2015 - 2024(USD Billion)
109. China Food Enzymes market revenue, by Enzymes, 2015 - 2024(USD Billion)
110. China Food Enzymes market revenue, by Protease, 2015 - 2024(USD Billion)
111. China Food Enzymes market revenue, by Carbohydrase, 2015 - 2024(USD Billion)
112. China Food Enzymes market revenue, by Lipase, 2015 - 2024(USD Billion)
113. China Food Enzymes market revenue, by Others, 2015 - 2024(USD Billion)
114. China Food Enzymes market revenue, by application, 2015 - 2024(USD Billion)
115. China Food Enzymes market revenue, by Bakery & Confectionery, 2015 - 2024(USD Billion)
116. China Food Enzymes market revenue, by Beverages, 2015 - 2024(USD Billion)
117. China Food Enzymes market revenue, by Dairy, 2015 - 2024(USD Billion)
118. China Food Enzymes market revenue, by Convenience Foods, 2015 - 2024(USD Billion)
119. China Food Enzymes market revenue, by source, 2015 - 2024(USD Billion)
120. China Food Enzymes market revenue, by plant, 2015 - 2024(USD Billion)
121. China Food Enzymes market revenue, by microorganism, 2015 - 2024(USD Billion)
122. China Food Enzymes market revenue, by animal, 2015 - 2024(USD Billion)
123. Japan Food Enzymes market revenue, by type, 2015 - 2024(USD Billion)
124. Japan Food Enzymes market revenue, by Enzymes, 2015 - 2024(USD Billion)
125. Japan Food Enzymes market revenue, by Protease, 2015 - 2024(USD Billion)
126. Japan Food Enzymes market revenue, by Carbohydrase, 2015 - 2024(USD Billion)
127. Japan Food Enzymes market revenue, by Lipase, 2015 - 2024(USD Billion)
128. Japan Food Enzymes market revenue, by Others, 2015 - 2024(USD Billion)
129. Japan Food Enzymes market revenue, by application, 2015 - 2024(USD Billion)
130. Japan Food Enzymes market revenue, by Bakery & Confectionery, 2015 - 2024(USD Billion)
131. Japan Food Enzymes market revenue, by Beverages, 2015 - 2024(USD Billion)
132. Japan Food Enzymes market revenue, by Dairy, 2015 - 2024(USD Billion)
133. Japan Food Enzymes market revenue, by Convenience Foods, 2015 - 2024(USD Billion)
134. Japan Food Enzymes market revenue, by source, 2015 - 2024(USD Billion)
135. Japan Food Enzymes market revenue, by plant, 2015 - 2024(USD Billion)
136. Japan Food Enzymes market revenue, by microorganism, 2015 - 2024(USD Billion)
137. Japan Food Enzymes market revenue, by animal, 2015 - 2024(USD Billion)
138. India Food Enzymes market revenue, by type, 2015 - 2024(USD Billion)
139. India Food Enzymes market revenue, by Enzymes, 2015 - 2024(USD Billion)
140. India Food Enzymes market revenue, by Protease, 2015 - 2024(USD Billion)
141. India Food Enzymes market revenue, by Carbohydrase, 2015 - 2024(USD Billion)
142. India Food Enzymes market revenue, by Lipase, 2015 - 2024(USD Billion)
143. India Food Enzymes market revenue, by Others, 2015 - 2024(USD Billion)
144. India Food Enzymes market revenue, by application, 2015 - 2024(USD Billion)
145. India Food Enzymes market revenue, by Bakery & Confectionery, 2015 - 2024(USD Billion)
146. India Food Enzymes market revenue, by Beverages, 2015 - 2024(USD Billion)
147. India Food Enzymes market revenue, by Dairy, 2015 - 2024(USD Billion)
148. India Food Enzymes market revenue, by Convenience Foods, 2015 - 2024(USD Billion)
149. India Food Enzymes market revenue, by source, 2015 - 2024(USD Billion)
150. India Food Enzymes market revenue, by plant, 2015 - 2024(USD Billion)
151. India Food Enzymes market revenue, by microorganism, 2015 - 2024(USD Billion)
152. India Food Enzymes market revenue, by animal, 2015 - 2024(USD Billion)
153. Latin America Food Enzymes market revenue, by type, 2015 - 2024(USD Billion)
154. Latin America Food Enzymes market revenue, by Enzymes, 2015 - 2024(USD Billion)
155. Latin America Food Enzymes market revenue, by Protease, 2015 - 2024(USD Billion)
156. Latin America Food Enzymes market revenue, by Carbohydrase, 2015 - 2024(USD Billion)
157. Latin America Food Enzymes market revenue, by Lipase, 2015 - 2024(USD Billion)
158. Latin America Food Enzymes market revenue, by Others, 2015 - 2024(USD Billion)
159. Latin America Food Enzymes market revenue, by application, 2015 - 2024(USD Billion)
160. Latin America Food Enzymes market revenue, by Bakery & Confectionery, 2015 - 2024(USD Billion)
161. Latin America Food Enzymes market revenue, by Beverages, 2015 - 2024(USD Billion)
162. Latin America Food Enzymes market revenue, by Dairy, 2015 - 2024(USD Billion)
163. Latin America Food Enzymes market revenue, by Convenience Foods, 2015 - 2024(USD Billion)
164. Latin America Food Enzymes market revenue, by source, 2015 - 2024(USD Billion)
165. Latin America Food Enzymes market revenue, by plant, 2015 - 2024(USD Billion)
166. Latin America Food Enzymes market revenue, by microorganism, 2015 - 2024(USD Billion)
167. Latin America Food Enzymes market revenue, by animal, 2015 - 2024(USD Billion)
168.
169. Brazil Food Enzymes market revenue, by type, 2015 - 2024(USD Billion)
170. Brazil Food Enzymes market revenue, by Enzymes, 2015 - 2024(USD Billion)
171. Brazil Food Enzymes market revenue, by Protease, 2015 - 2024(USD Billion)
172. Brazil Food Enzymes market revenue, by Carbohydrase, 2015 - 2024(USD Billion)
173. Brazil Food Enzymes market revenue, by Lipase, 2015 - 2024(USD Billion)
174. Brazil Food Enzymes market revenue, by Others, 2015 - 2024(USD Billion)
175. Brazil Food Enzymes market revenue, by application, 2015 - 2024(USD Billion)
176. Brazil Food Enzymes market revenue, by Bakery & Confectionery, 2015 - 2024(USD Billion)
177. Brazil Food Enzymes market revenue, by Beverages, 2015 - 2024(USD Billion)
178. Brazil Food Enzymes market revenue, by Dairy, 2015 - 2024(USD Billion)
179. Brazil Food Enzymes market revenue, by Convenience Foods, 2015 - 2024(USD Billion)
180. Brazil Food Enzymes market revenue, by source, 2015 - 2024(USD Billion)
181. Brazil Food Enzymes market revenue, by plant, 2015 - 2024(USD Billion)
182. Brazil Food Enzymes market revenue, by microorganism, 2015 - 2024(USD Billion)
183. Brazil Food Enzymes market revenue, by animal, 2015 - 2024(USD Billion)
184. Middle East and Africa Food Enzymes market revenue, by type, 2015 - 2024(USD Billion)
185. Middle East and Africa Food Enzymes market revenue, by Enzymes, 2015 - 2024(USD Billion)
186. Middle East and Africa Food Enzymes market revenue, by Protease, 2015 - 2024(USD Billion)
187. Middle East and Africa Food Enzymes market revenue, by Carbohydrase, 2015 - 2024(USD Billion)
188. Middle East and Africa Food Enzymes market revenue, by Lipase, 2015 - 2024(USD Billion)
189. Middle East and Africa Food Enzymes market revenue, by Others, 2015 - 2024(USD Billion)
190. Middle East and Africa Food Enzymes market revenue, by application, 2015 - 2024(USD Billion)
191. Middle East and Africa Food Enzymes market revenue, by Bakery & Confectionery, 2015 - 2024(USD Billion)
192. Middle East and Africa Food Enzymes market revenue, by Beverages, 2015 - 2024(USD Billion)
193. Middle East and Africa Food Enzymes market revenue, by Dairy, 2015 - 2024(USD Billion)
194. Middle East and Africa Food Enzymes market revenue, by Convenience Foods, 2015 - 2024(USD Billion)
195. Middle East and Africa Food Enzymes market revenue, by source, 2015 - 2024(USD Billion)
196. Middle East and Africa Food Enzymes market revenue, by plant, 2015 - 2024(USD Billion)
197. Middle East and Africa Food Enzymes market revenue, by microorganism, 2015 - 2024(USD Billion)
198. Middle East and Africa Food Enzymes market revenue, by animal, 2015 - 2024(USD Billion)
Food enzymes are the biological catalysts. Food enzymes accelerate biochemical reactions within human cells and affect every function of the body. They facilitate cellular reactions, by lowering the threshold of energy required for those reactions to take place. These enzymes are helpful in improving the food quality by simplifying the food processing steps. Enzymes are widely used in food processing for mitigation of potential health risks. With the advanced technology novel enzymes have been developed with a wide range of applications.
The increasing applications of food enzymes in various end-user industries across the world are contributing to the growth of the global market for food enzymes. The rising incline towards convenience food along with an increasing working population in emerging countries is expected to fuel the growth of the global food enzymes market during the period of the forecast. Evolving trends in food processing technology and rapid development in the beverage industry is anticipated to increase the demand for the food enzymes in the respective industry.
On the basis of product type, the market for food enzymes is classified into protease, carbohydrase, lipase, and others. Carbohydrase is the most popular type of food enzyme and is broadly used to improve the appearance and taste of the dairy products and sports drinks. Lipase is the second important segment, showing a significant growth due to its high usage in food & beverage industry. Based on application, the market for food enzymes is divided into bakery & confectionery, beverage, dairy, and convenience food. Bakery & confectionery segment accounted for the major market share in terms of revenue in 2017. High consumption of cakes, candies, chocolates, and expanding demand for home-baked and local bakery products is projected to boost the market for food enzymes over the forecast period. Based on the source, the food enzymes market is divided into plant, microorganisms, and animal. Plant-based food enzyme is the dominant segment and is expected to register considerable growth rate in the forecast period. Microorganism-based enzymes are anticipated to gain a significant market share during the forecast period.
On the basis of geography, the global market for food enzymes is segmented into North America, the Middle East, and Africa, Europe, Asia Pacific, and Latin America. With the largest market share in terms of revenue, North America was the dominant region in 2017. The region is expected to be followed by Asia Pacific with the maximum number of companies in the processed food industry. China and India are the major countries contributing to the growth of the food enzymes market in Asia Pacific. Europe is another important region and is projected to demonstrate considerable growth within the forecast period. The market for food enzymes in Europe is mainly driven by the increasing demand for various confectionery products such as chocolates and gums. In Latin America, the market for food enzymes is estimated to driven by the increased consumption of nutricosmetics and health-related ingredients. The growing penetration of packaged and convenience food items is expected to fuel the expansion of the food enzymes market in the Middle East and Africa during the forecast period.
The key players operating in the global market for food enzymes accounted for a significant market share in 2017. The companies are investing in R&D projects and are focusing on technological advancements in order to develop new products for catering varying needs of end-use industries. Some of the major companies incorporated in the global food enzymes market report are Royal DSM N.V., Chr. Hansen Holding A/S, Nagase Chemtex Corporation, Biocatalysts Limited, Amano Enzyme Inc., Rossari Biotech Limited, E.l. Du Pont de Nemours & Company, Dyadic International Inc., AB Enzymes GmbH, Shenzhen Leveking Bio-Engineering Co. Ltd., Novozymes A/S, Enmex SA DE CV, Puratos Group NV, Jiangsu Boli Bioproducts Co. Ltd., Maps Enzyme Limited, Sunson Industry Group Company Limited, AUM Enzymes, Lumis Biotech Private Limited, Engrain, and Advanced Enzymes Technologies Limited.
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