Global Food Enzymes Market: Emerging Trends, Major Key Players DuPont (US) and Associated British Foods plc (UK)

According to the report, the food enzymes market is estimated to be valued at USD 2.2 billion in 2021 and is projected to reach USD 3.1 billion by 2026, recording a CAGR of 6.4%. The major driver for the food enzymes market has been the shift in consumers' dietary preferences over the years towards healthier food products. Healthy food products that are rich in nutrients not only help in improving physical health but also the health of the mind. Furthermore, food enzymes help in the digestion of food and can also act as a digestive aid. Several consumers are aware of the benefits of food enzymes, and this is further fueling the demand for food enzymes in food products.

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The latest research report published by Evolve Business Intelligence examines the impacts of numerous market aspects on the global FOOD ENZYMES industry including a look at the current market size and forecasts for key segments and regions, the driving forces behind the market, the probable effects from key trends, how all these will affect the business plan, SWOT analysis of critical sectors for each of the key competitors, customers and more! Providing valuable data about conglomerations that are most likely going to have an impact on this industry is essential to any company who plans to properly invest for next 5 years. These findings supplement our initial quantitative study in order to facilitate any new investments or planning traits against threats in existing sectors through a strategic business plan.

Impact of COVID-19

The on-going COVID-19 pandemic has had a significant impact on the industry. Several financial impacts and disruptions have been felt over a long period of time. Our research has interviewed numerous delegates from this industry, across geographical markets to collect information that is helpful for addressing potential challenges the COVID-19 pandemic may cause going forward.
In terms of COVID 19 impact, the Food Enzymes market report also includes the following data points:
• Impact of COVID-19
• Government Aids and Policies for Industry Revival
• Companies Recent Developments to Tackle Negative Impact
• Opportunity Window & Post COVID Trend

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Key Players
Some of the major Food Enzymes players holding highest market share include DuPont (US), Associated British Foods plc (UK), DSM (Netherlands) and Novozymes (US). These players use new product development as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:
• DuPont (US)
• Associated British Foods plc (UK)
• DSM (Netherlands)
• Novozymes (US)
• CHR. Hansen (Denmark)
• Kerry Group (Ireland)
• Jiangsu Boli Bioproducts Co., Ltd. (China)
• Biocatalysts Ltd. (UK)
• Puratos Group (Belgium)
• Advanced Enzyme Technologies Ltd (India)
• Amano Enzyme Inc. (Japan)

Segmental Analysis

Market Segment By Type with focus on market share, consumption trend, and growth rate of FOOD ENZYMES Market:
• Carbohydrase
• Amylase
• Cellulase
• Lactase
• Pectinase
• Other carbohydrases
• Proteases
• Lipases
• Polymerase & nuclease
• Other types

Market Segment By Source with focus on market share, consumption trend, and growth rate of FOOD ENZYMES Market:
• Microorganism
• Plant
• Animal

Market Segment By Application with a focus on market share, consumption trend, and growth rate of FOOD ENZYMES Market:
• Food
o Meat products
o Bakery & confectionery products
o Dairy products
o Nutraceuticals
o Other food products
• Beverages
o Juices
o Brewing
o Other Beverages

Market Segment By Form with a focus on market share, consumption trend, and growth rate of FOOD ENZYMES Market:
• Lyophilized powder
• Liquid
• Other formulations

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Global Food Enzymes Geographic Coverage:
• North America
o US
o Canada

• Europe
o UK
o Germany
o France
o Italy
o Spain
o Rest of Europe

• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Rest of Asia Pacific

• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America

• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA

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