What Has Been the Growth of the Food Enzymes Market So Far?
The food enzymes market has seen considerable growth due to a variety of factors.
• The food enzymes market has grown significantly in recent years. It will increase from $2.58 billion in 2024 to $2.77 billion in 2025, with a compound annual growth rate (CAGR) of 7.6%.
Contributing factors include heightened awareness of the health benefits of enzyme-enriched products, the expansion of the global food and beverage industry, regulatory approvals for enzyme use, advancements in enzyme production, and a focus on sustainability and cost-effectiveness in food production.
How Will the Food Enzymes Market?
The food enzymes market is expected to maintain its strong growth trajectory in upcoming years.
• The food enzymes market is projected to grow strongly, reaching $3.66 billion by 2029 at a CAGR of 7.2%.
Growth drivers include demand for clean-label and plant-based products, health benefits of enzyme-rich diets, expanding applications in functional foods, growing adoption of enzyme technology for food preservation and waste reduction, and innovations in enzyme production. Key trends include enzyme engineering advancements, personalized nutrition solutions, new enzyme formulations, food waste reduction initiatives, and the integration of biotechnological techniques.
Which Factors Are Boosting Growth In The Food Enzymes Market?
The growth of the food enzyme market is attributed to the increasing demand for processed food products, driven by fast-paced lifestyles, technological advancements in food processing, and urbanization. Food enzymes accelerate chemical reactions in food processing. Agriculture and Agri-Food Canada reported that exports of processed food and beverages reached an all-time high of $54.3 billion in 2022, contributing to the growth of the food enzyme market.
What Key Areas Define The Segmentation Of The Global Food Enzymes Market?
The food enzymes market covered in this report is segmented –
1) By Type: Carbohydrase, Lipase, Protease, Other Types
2) By Source: Microorganisms, Animals, Plants
3) By Formulations: Powder, Liquid, Other Formulations
4) By Application: Bakery Products, Beverages, Dairy Products, Processed Foods, Confectionery Products, Other Applications
Subsegments:
1) By Carbohydrase: Amylase, Glucoamylase, Xylanase, Cellulase, Pectinase
2) By Lipase: Animal-Sourced Lipase, Plant-Sourced Lipase, Microbial Lipase
3) By Protease: Acid Protease, Alkaline Protease, Neutral Protease, Fungal Protease, Bacterial Protease
4) By Other Types: Lactase, Phytase, Protease Inhibitors, Esterase
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How Are Emerging Trends Reshaping The Dynamics Of The Food Enzymes Market?
Companies in the food enzyme market are working on advanced solutions such as lactase technology to improve lactose-free dairy production. Lactase technology involves using the lactase enzyme to break down lactose into simpler sugars like glucose and galactose. For example, in May 2023, DSM-Firmenich, a U.S.-based company, introduced Maxilact Next, an advanced lactase enzyme that is 25% faster than its predecessor, reducing hydrolysis time. This improvement allows lactose-free dairy producers to enhance production efficiency and expand capacity without sacrificing taste.
Who Are the Key Players In The Food Enzymes Market?
Major companies operating in the food enzymes market are:
• International Flavors & Fragrances Inc.
• Kerry Group
• Soufflet Group
• Koninklijke DSM N.V.
• Novozymes A/S
• Chr. Hansen Holding A/S
• MP Biomedicals
• Biocon Limited
• Advanced Enzymes Technologies Ltd.
• AB Enzymes GmbH
• Bioseutica B.V.
• Specialty Enzymes & Biotechnologies Co.
• Nagase America LLC
• Amano Enzyme Inc.
• SternEnzym GmbH & Co. KG
• Enzyme Development Corporation
• Sacco System Group
• Lumis Biotech Pvt. Ltd.
• Jiangsu Boli Bioproducts Co. Ltd.
• Dyadic International Inc.
• Aum Enzymes
• Creative Enzymes
• Sunson Industry Group Co. Ltd.
• Noor Enzymes Pvt. Ltd.
What Is The Most Dominant Region In The Food Enzymes Market?
North America was the largest region in the food enzymes market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the food enzymes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
