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Food Enzymes Market in Canada 2024-2028

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    Report

  • 147 Pages
  • December 2024
  • Region: Canada
  • TechNavio
  • ID: 5547436
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The food enzymes market in canada is forecasted to grow by USD 31.2 million during 2023-2028, accelerating at a CAGR of 4% during the forecast period. The report on the food enzymes market in canada provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rise in awareness about healthy and nutritional food, growth in food and beverage industry, and benefits of enzymes.

The food enzymes market in canada is segmented as below:

By Product

  • Carbohydrase
  • Protease
  • Lipase
  • Others

By Application

  • Bakery
  • Confectionery
  • Beverages
  • Dairy and frozen desserts
  • Meat products

By Geographical Landscape

  • North America
This study identifies the growing demand from food processing applications as one of the prime reasons driving the food enzymes market in canada growth during the next few years. Also, use of protein engineering for producing industrial enzymes and capacity expansions and new plants will lead to sizable demand in the market.

The report on the food enzymes market in canada covers the following areas:

  • Food Enzymes Market in Canada sizing
  • Food Enzymes Market in Canada forecast
  • Food Enzymes Market in Canada industry analysis
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading food enzymes market in canada vendors that include Associated British Foods Plc, BASF SE, BRENNTAG SE, DuPont de Nemours Inc., Jiagen Biotechnologies Inc., Kerry Group Plc, Koninklijke DSM NV, Novo Holdings AS, Puratos, and Ultra Bio Logics Inc. Also, the food enzymes market in canada analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Country Market Characteristics
Executive Summary - Chart on Market Segmentation by Product
Executive Summary - Chart on Market Segmentation by Application
Executive Summary - Chart on Company Market Positioning
2 Market Analysis
2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
Overview on factors of disruption
2.4 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
3 Market Landscape
3.1 Market ecosystem
Parent Market
Data Table on - Parent Market
3.2 Market characteristics
Market characteristics analysis
3.3 Value chain analysis
Value chain analysis
4 Market Sizing
4.1 Market definition
Offerings of companies included in the market definition
4.2 Market segment analysis
Market segments
4.3 Market size 2023
4.4 Market outlook: Forecast for 2023-2028
Chart on Canada - Market size and forecast 2023-2028 ($ million)
Data Table on Canada - Market size and forecast 2023-2028 ($ million)
Chart on Canada: Year-over-year growth 2023-2028 (%)
Data Table on Canada: Year-over-year growth 2023-2028 (%)
5 Historic Market Size
5.1 Food Enzymes Market in Canada 2018 - 2022
Historic Market Size - Data Table on Food Enzymes Market in Canada 2018 - 2022 ($ million)
5.2 Product segment analysis 2018 - 2022
Historic Market Size - Product Segment 2018 - 2022 ($ million)
5.3 Application segment analysis 2018 - 2022
Historic Market Size - Application Segment 2018 - 2022 ($ million)
6 Qualitative Analysis
6.1 The impact of AI in Food Enzymes Market in Canada
7 Five Forces Analysis
7.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
7.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
7.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
7.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
7.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
7.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
7.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
8 Market Segmentation by Product
8.1 Market segments
Chart on Product - Market share 2023-2028 (%)
Data Table on Product - Market share 2023-2028 (%)
8.2 Comparison by Product
Chart on Comparison by Product
Data Table on Comparison by Product
8.3 Carbohydrase - Market size and forecast 2023-2028
Chart on Carbohydrase - Market size and forecast 2023-2028 ($ million)
Data Table on Carbohydrase - Market size and forecast 2023-2028 ($ million)
Chart on Carbohydrase - Year-over-year growth 2023-2028 (%)
Data Table on Carbohydrase - Year-over-year growth 2023-2028 (%)
8.4 Protease - Market size and forecast 2023-2028
Chart on Protease - Market size and forecast 2023-2028 ($ million)
Data Table on Protease - Market size and forecast 2023-2028 ($ million)
Chart on Protease - Year-over-year growth 2023-2028 (%)
Data Table on Protease - Year-over-year growth 2023-2028 (%)
8.5 Lipase - Market size and forecast 2023-2028
Chart on Lipase - Market size and forecast 2023-2028 ($ million)
Data Table on Lipase - Market size and forecast 2023-2028 ($ million)
Chart on Lipase - Year-over-year growth 2023-2028 (%)
Data Table on Lipase - Year-over-year growth 2023-2028 (%)
8.6 Others - Market size and forecast 2023-2028
Chart on Others - Market size and forecast 2023-2028 ($ million)
Data Table on Others - Market size and forecast 2023-2028 ($ million)
Chart on Others - Year-over-year growth 2023-2028 (%)
Data Table on Others - Year-over-year growth 2023-2028 (%)
8.7 Market opportunity by Product
Market opportunity by Product ($ million)
Data Table on Market opportunity by Product ($ million)
9 Market Segmentation by Application
9.1 Market segments
Chart on Application - Market share 2023-2028 (%)
Data Table on Application - Market share 2023-2028 (%)
9.2 Comparison by Application
Chart on Comparison by Application
Data Table on Comparison by Application
9.3 Bakery - Market size and forecast 2023-2028
Chart on Bakery - Market size and forecast 2023-2028 ($ million)
Data Table on Bakery - Market size and forecast 2023-2028 ($ million)
Chart on Bakery - Year-over-year growth 2023-2028 (%)
Data Table on Bakery - Year-over-year growth 2023-2028 (%)
9.4 Confectionery - Market size and forecast 2023-2028
Chart on Confectionery - Market size and forecast 2023-2028 ($ million)
Data Table on Confectionery - Market size and forecast 2023-2028 ($ million)
Chart on Confectionery - Year-over-year growth 2023-2028 (%)
Data Table on Confectionery - Year-over-year growth 2023-2028 (%)
9.5 Beverages - Market size and forecast 2023-2028
Chart on Beverages - Market size and forecast 2023-2028 ($ million)
Data Table on Beverages - Market size and forecast 2023-2028 ($ million)
Chart on Beverages - Year-over-year growth 2023-2028 (%)
Data Table on Beverages - Year-over-year growth 2023-2028 (%)
9.6 Dairy and frozen desserts - Market size and forecast 2023-2028
Chart on Dairy and frozen desserts - Market size and forecast 2023-2028 ($ million)
Data Table on Dairy and frozen desserts - Market size and forecast 2023-2028 ($ million)
Chart on Dairy and frozen desserts - Year-over-year growth 2023-2028 (%)
Data Table on Dairy and frozen desserts - Year-over-year growth 2023-2028 (%)
9.7 Meat products - Market size and forecast 2023-2028
Chart on Meat products - Market size and forecast 2023-2028 ($ million)
Data Table on Meat products - Market size and forecast 2023-2028 ($ million)
Chart on Meat products - Year-over-year growth 2023-2028 (%)
Data Table on Meat products - Year-over-year growth 2023-2028 (%)
9.8 Market opportunity by Application
Market opportunity by Application ($ million)
Data Table on Market opportunity by Application ($ million)
10 Customer Landscape
10.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
11 Drivers, Challenges, and Opportunity/Restraints
11.1 Market drivers
11.2 Market challenges
11.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
11.4 Market opportunities/restraints
12 Competitive Landscape
12.1 Overview
12.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
12.3 Landscape disruption
Overview on factors of disruption
12.4 Industry risks
Impact of key risks on business
13 Competitive Analysis
13.1 Companies profiled
Companies covered
13.2 Company ranking index
Company ranking index
13.3 Market positioning of companies
Matrix on companies position and classification
13.4 Associated British Foods Plc
Associated British Foods Plc - Overview
Associated British Foods Plc - Business segments
Associated British Foods Plc - Key offerings
Associated British Foods Plc - Segment focus
SWOT
13.5 BASF SE
BASF SE - Overview
BASF SE - Business segments
BASF SE - Key news
BASF SE - Key offerings
BASF SE - Segment focus
SWOT
13.6 BRENNTAG SE
BRENNTAG SE - Overview
BRENNTAG SE - Business segments
BRENNTAG SE - Key news
BRENNTAG SE - Key offerings
BRENNTAG SE - Segment focus
SWOT
13.7 DuPont de Nemours Inc.
DuPont de Nemours Inc. - Overview
DuPont de Nemours Inc. - Business segments
DuPont de Nemours Inc. - Key news
DuPont de Nemours Inc. - Key offerings
DuPont de Nemours Inc. - Segment focus
SWOT
13.8 Jiagen Biotechnologies Inc.
Jiagen Biotechnologies Inc. - Overview
Jiagen Biotechnologies Inc. - Product / Service
Jiagen Biotechnologies Inc. - Key offerings
SWOT
13.9 Kerry Group Plc
Kerry Group Plc - Overview
Kerry Group Plc - Business segments
Kerry Group Plc - Key news
Kerry Group Plc - Key offerings
Kerry Group Plc - Segment focus
SWOT
13.10 Koninklijke DSM NV
Koninklijke DSM NV - Overview
Koninklijke DSM NV - Business segments
Koninklijke DSM NV - Key news
Koninklijke DSM NV - Key offerings
Koninklijke DSM NV - Segment focus
SWOT
13.11 Novo Holdings AS
Novo Holdings AS - Overview
Novo Holdings AS - Product / Service
Novo Holdings AS - Key offerings
SWOT
13.12 Puratos
Puratos - Overview
Puratos - Product / Service
Puratos - Key offerings
SWOT
13.13 Ultra Bio Logics Inc.
Ultra Bio Logics Inc. - Overview
Ultra Bio Logics Inc. - Product / Service
Ultra Bio Logics Inc. - Key offerings
SWOT
14 Appendix
14.1 Scope of the report
14.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
14.3 Currency conversion rates for US$
Currency conversion rates for US$
14.4 Research methodology
Research methodology
14.5 Data procurement
Information sources
14.6 Data validation
Data validation
14.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
14.8 Data synthesis
Data synthesis
14.9 360 degree market analysis
360 degree market analysis
14.10 List of abbreviations
List of abbreviations
Strong financial performance
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Country Market Characteristics
Exhibits 4: Executive Summary - Chart on Market Segmentation by Product
Exhibits 5: Executive Summary - Chart on Market Segmentation by Application
Exhibits 6: Executive Summary - Chart on Company Market Positioning
Exhibits 7: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 8: Overview on criticality of inputs and factors of differentiation
Exhibits 9: Overview on factors of disruption
Exhibits 10: Impact of drivers and challenges in 2023 and 2028
Exhibits 11: Parent Market
Exhibits 12: Data Table on - Parent Market
Exhibits 13: Market characteristics analysis
Exhibits 14: Value chain analysis
Exhibits 15: Offerings of companies included in the market definition
Exhibits 16: Market segments
Exhibits 17: Chart on Canada - Market size and forecast 2023-2028 ($ million)
Exhibits 18: Data Table on Canada - Market size and forecast 2023-2028 ($ million)
Exhibits 19: Chart on Canada: Year-over-year growth 2023-2028 (%)
Exhibits 20: Data Table on Canada: Year-over-year growth 2023-2028 (%)
Exhibits 21: Historic Market Size - Data Table on Food Enzymes Market in Canada 2018 - 2022 ($ million)
Exhibits 22: Historic Market Size - Product Segment 2018 - 2022 ($ million)
Exhibits 23: Historic Market Size - Application Segment 2018 - 2022 ($ million)
Exhibits 24: Five forces analysis - Comparison between 2023 and 2028
Exhibits 25: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 26: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 27: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 28: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 29: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 30: Chart on Market condition - Five forces 2023 and 2028
Exhibits 31: Chart on Product - Market share 2023-2028 (%)
Exhibits 32: Data Table on Product - Market share 2023-2028 (%)
Exhibits 33: Chart on Comparison by Product
Exhibits 34: Data Table on Comparison by Product
Exhibits 35: Chart on Carbohydrase - Market size and forecast 2023-2028 ($ million)
Exhibits 36: Data Table on Carbohydrase - Market size and forecast 2023-2028 ($ million)
Exhibits 37: Chart on Carbohydrase - Year-over-year growth 2023-2028 (%)
Exhibits 38: Data Table on Carbohydrase - Year-over-year growth 2023-2028 (%)
Exhibits 39: Chart on Protease - Market size and forecast 2023-2028 ($ million)
Exhibits 40: Data Table on Protease - Market size and forecast 2023-2028 ($ million)
Exhibits 41: Chart on Protease - Year-over-year growth 2023-2028 (%)
Exhibits 42: Data Table on Protease - Year-over-year growth 2023-2028 (%)
Exhibits 43: Chart on Lipase - Market size and forecast 2023-2028 ($ million)
Exhibits 44: Data Table on Lipase - Market size and forecast 2023-2028 ($ million)
Exhibits 45: Chart on Lipase - Year-over-year growth 2023-2028 (%)
Exhibits 46: Data Table on Lipase - Year-over-year growth 2023-2028 (%)
Exhibits 47: Chart on Others - Market size and forecast 2023-2028 ($ million)
Exhibits 48: Data Table on Others - Market size and forecast 2023-2028 ($ million)
Exhibits 49: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibits 50: Data Table on Others - Year-over-year growth 2023-2028 (%)
Exhibits 51: Market opportunity by Product ($ million)
Exhibits 52: Data Table on Market opportunity by Product ($ million)
Exhibits 53: Chart on Application - Market share 2023-2028 (%)
Exhibits 54: Data Table on Application - Market share 2023-2028 (%)
Exhibits 55: Chart on Comparison by Application
Exhibits 56: Data Table on Comparison by Application
Exhibits 57: Chart on Bakery - Market size and forecast 2023-2028 ($ million)
Exhibits 58: Data Table on Bakery - Market size and forecast 2023-2028 ($ million)
Exhibits 59: Chart on Bakery - Year-over-year growth 2023-2028 (%)
Exhibits 60: Data Table on Bakery - Year-over-year growth 2023-2028 (%)
Exhibits 61: Chart on Confectionery - Market size and forecast 2023-2028 ($ million)
Exhibits 62: Data Table on Confectionery - Market size and forecast 2023-2028 ($ million)
Exhibits 63: Chart on Confectionery - Year-over-year growth 2023-2028 (%)
Exhibits 64: Data Table on Confectionery - Year-over-year growth 2023-2028 (%)
Exhibits 65: Chart on Beverages - Market size and forecast 2023-2028 ($ million)
Exhibits 66: Data Table on Beverages - Market size and forecast 2023-2028 ($ million)
Exhibits 67: Chart on Beverages - Year-over-year growth 2023-2028 (%)
Exhibits 68: Data Table on Beverages - Year-over-year growth 2023-2028 (%)
Exhibits 69: Chart on Dairy and frozen desserts - Market size and forecast 2023-2028 ($ million)
Exhibits 70: Data Table on Dairy and frozen desserts - Market size and forecast 2023-2028 ($ million)
Exhibits 71: Chart on Dairy and frozen desserts - Year-over-year growth 2023-2028 (%)
Exhibits 72: Data Table on Dairy and frozen desserts - Year-over-year growth 2023-2028 (%)
Exhibits 73: Chart on Meat products - Market size and forecast 2023-2028 ($ million)
Exhibits 74: Data Table on Meat products - Market size and forecast 2023-2028 ($ million)
Exhibits 75: Chart on Meat products - Year-over-year growth 2023-2028 (%)
Exhibits 76: Data Table on Meat products - Year-over-year growth 2023-2028 (%)
Exhibits 77: Market opportunity by Application ($ million)
Exhibits 78: Data Table on Market opportunity by Application ($ million)
Exhibits 79: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 80: Impact of drivers and challenges in 2023 and 2028
Exhibits 81: Overview on criticality of inputs and factors of differentiation
Exhibits 82: Overview on factors of disruption
Exhibits 83: Impact of key risks on business
Exhibits 84: Companies covered
Exhibits 85: Company ranking index
Exhibits 86: Matrix on companies position and classification
Exhibits 87: Associated British Foods Plc - Overview
Exhibits 88: Associated British Foods Plc - Business segments
Exhibits 89: Associated British Foods Plc - Key offerings
Exhibits 90: Associated British Foods Plc - Segment focus
Exhibits 91: SWOT
Exhibits 92: BASF SE - Overview
Exhibits 93: BASF SE - Business segments
Exhibits 94: BASF SE - Key news
Exhibits 95: BASF SE - Key offerings
Exhibits 96: BASF SE - Segment focus
Exhibits 97: SWOT
Exhibits 98: BRENNTAG SE - Overview
Exhibits 99: BRENNTAG SE - Business segments
Exhibits 100: BRENNTAG SE - Key news
Exhibits 101: BRENNTAG SE - Key offerings
Exhibits 102: BRENNTAG SE - Segment focus
Exhibits 103: SWOT
Exhibits 104: DuPont de Nemours Inc. - Overview
Exhibits 105: DuPont de Nemours Inc. - Business segments
Exhibits 106: DuPont de Nemours Inc. - Key news
Exhibits 107: DuPont de Nemours Inc. - Key offerings
Exhibits 108: DuPont de Nemours Inc. - Segment focus
Exhibits 109: SWOT
Exhibits 110: Jiagen Biotechnologies Inc. - Overview
Exhibits 111: Jiagen Biotechnologies Inc. - Product / Service
Exhibits 112: Jiagen Biotechnologies Inc. - Key offerings
Exhibits 113: SWOT
Exhibits 114: Kerry Group Plc - Overview
Exhibits 115: Kerry Group Plc - Business segments
Exhibits 116: Kerry Group Plc - Key news
Exhibits 117: Kerry Group Plc - Key offerings
Exhibits 118: Kerry Group Plc - Segment focus
Exhibits 119: SWOT
Exhibits 120: Koninklijke DSM NV - Overview
Exhibits 121: Koninklijke DSM NV - Business segments
Exhibits 122: Koninklijke DSM NV - Key news
Exhibits 123: Koninklijke DSM NV - Key offerings
Exhibits 124: Koninklijke DSM NV - Segment focus
Exhibits 125: SWOT
Exhibits 126: Novo Holdings AS - Overview
Exhibits 127: Novo Holdings AS - Product / Service
Exhibits 128: Novo Holdings AS - Key offerings
Exhibits 129: SWOT
Exhibits 130: Puratos - Overview
Exhibits 131: Puratos - Product / Service
Exhibits 132: Puratos - Key offerings
Exhibits 133: SWOT
Exhibits 134: Ultra Bio Logics Inc. - Overview
Exhibits 135: Ultra Bio Logics Inc. - Product / Service
Exhibits 136: Ultra Bio Logics Inc. - Key offerings
Exhibits 137: SWOT
Exhibits 138: Inclusions checklist
Exhibits 139: Exclusions checklist
Exhibits 140: Currency conversion rates for US$
Exhibits 141: Research methodology
Exhibits 142: Information sources
Exhibits 143: Data validation
Exhibits 144: Validation techniques employed for market sizing
Exhibits 145: Data synthesis
Exhibits 146: 360 degree market analysis
Exhibits 147: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the food enzymes market in canada: Associated British Foods Plc, BASF SE, BRENNTAG SE, DuPont de Nemours Inc., Jiagen Biotechnologies Inc., Kerry Group Plc, Koninklijke DSM NV, Novo Holdings AS, Puratos, and Ultra Bio Logics Inc..

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is growing demand from food processing applications."

According to the report, one of the major drivers for this market is the rise in awareness about healthy and nutritional food.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Associated British Foods Plc
  • BASF SE
  • BRENNTAG SE
  • DuPont de Nemours Inc.
  • Jiagen Biotechnologies Inc.
  • Kerry Group Plc
  • Koninklijke DSM NV
  • Novo Holdings AS
  • Puratos
  • Ultra Bio Logics Inc.