Food Enzymes Market Size – Global Opportunities & Forecast, 2021-2028
Food Enzymes Market
The Food Enzymes Market pace will surge up at a CAGR of 6.09% over the forecast period. This is because of the increasing demand for superior food & beverages in terms of nutritional content and taste. The increasing usage of food enzymes to enhance the raw material processing for dairy and alcohol fermentation will strengthen the market growth.
Food Enzymes Market Dynamics
The increasing inclination of consumers from chemical synthesis required for food processing to intrinsic enzymes is the key force stimulating the growth of the global food enzyme market. For example, renin procured from the stomachs of juvenile animals such as calves & lambs is used in the production of cheese & hydrolysed protein in the dairy industry. Lipases are discharged at the time of producing Roquefort cheese to improve the ripening of the blue mold cheese. Also, to combat metabolic disorders among people, carbohydrates play a crucial role. Moreover, the global Food Enzymes market report states that the surge in the demand for green technology has elevated the production of specified enzymes and in the usage of available enzymes. For instance, biodiesel produced from the disintegration of triglycerides and is also used as an additive in fossil diesel. In accordance with the U.S. Energy Information Administration, the United States produced nearly 41 million barrels in the year 2019, imported approximately 4 million barrels and exported about 2.7 million barrels with a consumption of nearly 43 million barrels of biodiesel, all as synthesis with petroleum diesel.
However, the food enzymes have some constraints. Their low cohesion in organic solvents and at excessive temperatures may restrain the Food Enzymes market size.
Based on the regional analysis, the North America region is anticipated to cater a remarkable growth in the market over the coming years. This is because of the increasing consciousness among consumers towards organic food enzymes which makes the food innocuous and pesticide-free instead of chemical stuff used to process the food. For instance, FDA, in the year 2018 accepted a mixture of carbohydrase and protease enzyme product for its use in hydrolysed proteins and carbohydrates. However, as projected by the Food Enzymes market forecast the Asia Pacific region is anticipated to seize a remarkable share in the market. The enzymes are extensive used in dairy products which propel the market growth.
About GMI Research
GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.
Company Name: GMI RESEARCH
Contact Person: Sarah Nash
Phone: Europe – +353 1 442 8820; US – +1 860 881 2270
Address: Dublin, Ireland
For More Info:
India Pet Food Market
Sparkling Water Market
APAC Baby Food Market