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Food Enzymes Market Trends Research Report 2021 to 2027: Industry Analysis, Forecast by Type and Application, Revenue and Volume
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Market Overview
The demand for Food Enzymes is witnessing an uptick on account of the increasing urbanization, pollution, health diseases, and changing dietary habits. As per WBCSD, 66% of the world’s population is expected to live in cities by 2030. Moreover, the awareness about nutritional food products is increasing rapidly especially among millennium, which is driving the global market of food enzymes. Also, a rise in the working populations is leading to less time for food preparation due to hectic schedules and lifestyle changes. Therefore, the demand for nutritional food is on rising. Also, the introduction of new food categories, exposure to western products, and the rising number of nuclear families lead to a boost in the demand for nutritional food.
COVID-19 Impact
During the COVID-19 pandemic, the prices of food products and the ingredients used in making food products witnessed a hart rise owing to the supply chain disruptions, lockdown in countries, and robust growth in the demand. As per FAO, in approximately three months from February 14–May 18, 2020,11 the global average prices for a variety of food products increased by 2 to 9% with half of the tracked goods rising by 7% or more. For example, in these three months, bread prices went up by 80% in Côte d’Ivoire, the price of rice doubled in the Maldives, and potato prices rose by 133% in Guyana. Similarly, there appears to be pronounced variability of price changes within countries.
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The Food Enzymes Market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.
By Type, the market is primarily bifurcated into
• Carbohydrase
• Protease
• Lipase
• Others
By Form, the market is primarily bifurcated into
• Solid
• Liquid
The Liquid segment grabbed the major market share in 2020 dominated the from the segment.
By Source, the market is primarily segmented into
• Microorganisms
• Animals
• Plant
Based on the Source, the market is fragmented into Microorganisms, Animals, and Plant. The microorganism segment accounted for the largest share and is expected to grow at --% CAGR during the forecast period 2021-2027. In 2020, the microorganism segment generated a revenue of US$ -- million.
By Application, the market is primarily bifurcated into
• Bakery
• Confectionery
• Dairy and Frozen Desserts
• Meat
• Poultry and Sea Food Products
• Beverages
• Others
The bakery segment grabbed --% of the Food Enzymes Market in 2020. Moreover, the market of this segment is expected to grow at --% CAGR to reach US$ -- million by the year 2027.
Food Enzymes Market Geographical Segmentation Includes:
• North America
• Europe
• Asia-Pacific
• Rest of the World
Based on the estimation, the North America region grabbed --% market share in 2020 and gathered almost US$ -- million in revenue in 2020. The market of the region would proliferate owing to the surging end-users awareness.
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The major players targeting the market includes
• DuPont
• Associated British Foods Plc (ABF)
• Novozymes
• DSM
• Hansen Holding A/S
• Kerry Group
• Jiangsu Boli Bioproducts Co., Ltd.
• Biocatalysts Ltd.
• Puratos Group
• Amano Enzyme Inc.
Competitive Landscape
The degree of competition among prominent regional companies has been elaborated by analyzing several leading key players operating worldwide. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in Food Enzymes Market. The leading players have been analysed by using research methodologies for getting insight views on global competition.
Key questions resolved through this analytical market research report include:
• What are the latest trends, new patterns, and technological advancements in the Food Enzymes Market?
• Which factors are influencing the Food Enzymes Market over the forecast period?
• What are the global challenges, threats, and risks in Food Enzymes Market?
• Which factors are propelling and restraining the Food Enzymes Market?
• What are the demanding global regions of the Food Enzymes Market?
• What will be the global market size in the upcoming years?
• What are the crucial market acquisition strategies and policies applied by global companies?
We understand the requirement of different businesses, regions, and countries, we offer customized reports as per your requirements of business nature and geography. Please let us know If you have any custom needs.
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Table Of Content:
1 Market Introduction
2 Research Methodology Or Assumption
3 Industry Performance
4 Executive Summary
5 Covid-19 Impact
6 Global Food Enzymes Market Revenue
7 Market Insights By Type
8 Market Insights By Form
9 Market Insights By Source
10 Market Insights By Application
11 Market Insights By Region
12 Food Enzymesmarket Dynamics
13 Demand And Supply Side Analysis
14 Value Chain Analysis
15 Food Enzymes Market Opportunities
16 Food Enzymes Market Trends & Insights
17 Competitive Scenario
18 Company Profiled
19 Disclaimer
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About UnivDatos Market Insights
UnivDatos Market Insights (UMI) is a passionate market research firm and a subsidiary of Universal Data Solutions. We believe in delivering insights through Market Intelligence Reports, Customized Business Research, and Primary Research. Our research studies are spread across topics across the world, we cover markets in over 100 countries using smart research techniques and agile methodologies. We offer in-depth studies, detailed analysis, and customized reports that help shape winning business strategies for our clients.
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