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Enzymes in the Global Food Additive Market: Trends, Opportunities and Competitive Analysis 2023-2028

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    Report

  • 150 Pages
  • March 2023
  • Region: Global
  • Lucintel
  • ID: 5778429
The future of enzymes in the food additive market looks promising with opportunities in the food and beverages. The global enzymes in food additive market is expected to reach an estimated $3.0 billion by 2028 with a CAGR of 7.0% from 2023 to 2028. The major drivers for this market are growing trend of natural ingredients and increasing demand for high-quality processed food along with changing consumer preferences.

Enzymes in the Global Food Additive Market by Segment

The study includes a forecast for enzymes in the global food additive market by type, application, and region, as follows:

Enzymes in the Food Additive Market by Type [Value ($B) Shipment Analysis from 2017 to 2028]:

  • Carbohydrase
  • Amylase
  • Cellulase
  • Lactase
  • Pectinase
  • Other Carbohydrases [Proteases, Lipases, and Polymerase & Nuclease]

Enzymes in the Food Additive Market by Application [Value ($B) Shipment Analysis from 2017 to 2028]:

  • Food
  • Beverages

Enzymes in the Food Additive Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of Enzymes in the Global Food Additive Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies enzymes in the food additive companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of enzymes in the global food additive companies profiled in this report include.
  • DuPont
  • Associated British Foods
  • DSM
  • Novozymes
  • Kerry Group
  • Advanced Enzyme Technologies
  • Amano Enzyme
  • CHR. Hansen Holdings

Enzymes in the Global Food Additive Market Insights

  • The analyst forecasts that carbohydrase will remain the largest segment over the forecast period due to its usage in food applications to meet demand of various industries, such as bakery & confectionery, dairy, and processed food.
  • Food segment is the highest growth segment due to rising application of enzymes in the food & beverage industry.
  • APAC region is expected to witness the highest growth during the forecast period due to changing consumer preferences and increasing demand for high-quality processed foods.

Features of Enzymes in the Global Food Additive Market

  • Market Size Estimates: Enzymes in the global food additive market size estimation in terms of value ($B)
  • Trend And Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
  • Segmentation Analysis: Enzymes in the global food additive market size by various segments, such as by type, application, and region
  • Regional Analysis: Enzymes in the global food additive market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth Opportunities: Analysis on growth opportunities in different by type, application, and regions for enzymes in the global food additive market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape for enzymes in the global food additive market.
  • - Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQS

Q1. What are the enzymes in the global food additive market size?
Answer: Enzymes in the global food additive market are expected to reach an estimated $3.0 billion by 2028.

Q2. What is the growth forecast for enzymes in the global food additive market?
Answer: Enzymes in the global food additive market are expected to grow with a CAGR of 7.0% from 2023 to 2028.

Q3. What are the major drivers influencing the growth of enzymes in the global food additive market?
Answer: The major drivers for this market are growing trend of natural ingredients and increasing demand for high-quality processed food along with changing consumer preferences.

Q4. What are the major segments for enzymes in the global food additive market?
Answer: The future of enzymes in the global food additive market looks promising with opportunities in the food and beverages market.

Q5. Who are the key enzymes companies in the food additive market?
Answer: Some of the key enzymes companies in the food additive market are as follows:
  • DuPont
  • Associated British Foods
  • DSM
  • Novozymes
  • Kerry Group
  • Advanced Enzyme Technologies
  • Amano Enzyme
  • CHR. Hansen Holdings
Q7. Which segment of enzymes in the food additive will be the largest in future?
Answer: The analyst forecasts that carbohydrase will remain the largest segment over the forecast period due to its usage in food applications to meet demand of various industries, such as bakery & confectionery, dairy, and processed food.

Q8. In enzymes in the food additive market, which region is expected to be the largest in next 5 years?
Answer: APAC region is expected to witness the highest growth during the forecast period due to changing consumer preferences and increasing demand for high-quality processed foods.

Q9. Do we receive customization in this report?
Answer: Yes, the analyst provides 10% Customization Without any Additional Cost.

This report answers following 11 key questions

Q1. What are some of the most promising, high-growth opportunities for enzymes in the global food additive market by type (carbohydrase, amylase, cellulase, lactase, pectinase, other carbohydrases [proteases, lipases, and polymerase & nuclease]), application (food and beverages), and region (North America, Europe, Asia Pacific, and the Rest of the World)
Q2. Which segments will grow at a faster pace and why?
Q3. Which region will grow at a faster pace and why?
Q4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q5. What are the business risks and competitive threats in this market?
Q6. What are the emerging trends in this market and the reasons behind them?
Q7. What are some of the changing demands of customers in the market?
Q8. What are the new developments in the market? Which companies are leading these developments?
Q9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?


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Table of Contents

1. Executive Summary

2. Enzymes in the Global Food Additive Market: Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2017 to 2028
3.1: Macroeconomic Trends (2017-2022) and Forecast (2023-2028)
3.2: Enzymes in the Global Food Additive Market Trends (2017-2022) and Forecast (2023-2028)
3.3: Enzymes in the Global Food Additive Market by Type
3.3.1:Carbohydrase
3.3.2: Amylase
3.3.3: Cellulase
3.3.4: Lactase
3.3.5: Pectinase
3.4: Enzymes in the Global Food Additive Market by Application
3.4.1:Food
3.4.2:Beverages

4. Market Trends and Forecast Analysis by Region from 2017-2028
4.1: Enzymes in the Global Food Additive Market by Region
4.2: North American Enzymes in the Food Additive Market
4.2.1: North American Enzymes in the Food Additive Market by Type
4.2.2: North American Enzymes in the Food Additive Market by Application
4.3: European Enzymes in the Food Additive Market
4.3.1: European Enzymes in the Food Additive Market by Type
4.3.2: European Enzymes in the Food Additive Market by Application
4.4: APAC Enzymes in the Food Additive Market
4.4.1: APAC Enzymes in the Food Additive Market by Type
4.4.2: APAC Enzymes in the Food Additive Market by Application
4.5: ROW Enzymes in the Food Additive Market
4.5.1: ROW Enzymes in the Food Additive Market by Type
4.5.2: ROW Enzymes in the Food Additive Market by Application

5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis

6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for Enzymes in the Global Food Additive Market by Type
6.1.2: Growth Opportunities for Enzymes in the Global Food Additive Market by Application
6.1.3: Growth Opportunities for Enzymes in the Global Food Additive Market by Region
6.2: Strategic Analysis
6.2.1: New Product Development
6.2.2: Capacity Expansion of Enzymes in the Global Food Additive Market
6.2.3: Mergers, Acquisitions, and Joint Ventures in Enzymes in the Global Food Additive Market
6.2.4: Certification and Licensing

7. Company Profiles of Leading Players
7.1: DuPont
7.2: Associated British Foods
7.3: DSM
7.4: Novozymes
7.5: Kerry Group
7.6: Advanced Enzyme Technologies
7.7: Amano Enzyme
7.8: CHR. Hansen Holdings

Companies Mentioned

  • DuPont
  • Associated British Foods
  • DSM
  • Novozymes
  • Kerry Group
  • Advanced Enzyme Technologies
  • Amano Enzyme
  • CHR. Hansen Holdings

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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