The global food enzymes market was valued at USD 3 billion in 2022 and grew at a CAGR of 7% from 2023 to 2032. The market is expected to reach USD 5.90 billion by 2032. The increasing demand for chemical-free foods and beverages will drive the growth of the global food enzymes market.
Enzymes are proteins that quicken chemical reactions. They act as biological catalysts in the human body to speed up life processes like digestion. They also aid in accelerating chemical reactions or the human body's metabolism. Enzymes are present in all living organisms and are naturally produced by human bodies. food and manufactured goods also contain enzymes. Food businesses use food enzymes to increase food safety, quality, and process efficiency during food preparation. These enzymes are safe for ingestion. These enzymes' primary applications include fruit peeling, fruit juice clarification, fruit juice viscosity reduction, fruit juice rate increase, fruit juice stability enhancement, and vegetable juice production. They also prolong fruit and vegetable shelf life and minimize nutrient loss. The food industries use enzymes to process raw materials to make many common goods, including dairy, meat, fruit, beer, and wine, as well as bakery and dairy items. A wide range of food products, including alcoholic beverages, are produced using enzymes.
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The increasing demand for chemical-free foods and beverages – the increasing awareness about proper nutrition and health has increased the demand for chemical-free foods and beverages. This demand is also seen in the processed and packaged food and beverage industry, which relies heavily on chemical additives to prolong the shelf life of the products. The increasing demand for chemical-free products has encouraged manufacturers to turn to enzymes that are an ideal substitute for chemical catalysts. They help improve the texture, viscosity, taste and shelf life of products without the negative effects of chemical additives. Additionally, they are cheaper to produce, saving costs and more efficient, thereby increasing business productivity. Therefore, the increasing demand for chemical-free foods and beverages will drive the market's growth.
The production requires a controlled environment – enzymes need to be produced in a controlled environment. They do not survive or perform beyond certain conditions or a range of physical conditions. Therefore, production can become expensive, limiting the market's growth.
Advancements in biotechnology – technological advancements in biotechnology have improved or enhanced the extraction processes for producing enzymes. The process is much faster and cheaper now with modern technology. Additionally, biotechnological advancements have enabled the production of genetically modified microbial enzymes that widen the scope of application in the food and beverage industry. Therefore, technological advancements in biotechnology will properly affect the growth of the market in the future.
The regions analyzed for the market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. North America emerged as the most significant global food enzymes market, with a 38% market revenue share in 2022.
The high demand for processed food and beverages, given the population's high disposable income and food habits, will drive the market's growth. The presence of multiple fast-food chains also contributes to the growing demand for processed food and beverages. The demand for confectionery and bakery products is also high in the regional market, thereby contributing to the market's demand. The drinking culture contributes to the growing beer, wine, and whiskey market and augments its growth.
North America Region Food Enzymes Market Share in 2022 - 38%
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The type segment is divided into carbohydrase, cellulase, pectinase, proteases, polymerase and nuclease, amylase, lactase, lipases and others. The carbohydrase segment dominated the market, with a market share of around 28% in 2022. carbohydrases can hydrolyze complicated carbs into simple sugars. They have a variety of uses in many industrial processes. Carbohydrases are widely used in industrial products and processes, primarily in the food sector. These enzymes can be used to produce various sugar syrups, including glucose, fructose, and inverted sugar syrups, as well as prebiotics. For instance, processing fruit juices and wine, specifically for flavour, and syrups use carbohydrase. Using carbohydrases can reduce costs, increase sustainability, and boost productivity. Carbohydrase and its wide application to give sweetness, consistency, texture, and browning to various food products drive its market dominance.
The source segment is divided into plants, animals and microorganisms. The microorganisms segment dominated the market, with a market share of around 52% in 2022. The primary reason for the segment's dominance is the scalability offered in the production of enzymes. They can be cultivated in great quantities in a short amount of time. Additionally, they can be genetically modified to increase the synthesis of enzymes. Furthermore, they are more stable and easier to handle, cultivate, and manipulate than other sources, making them the ideal choice for the production of enzymes. Microorganisms are employed in the production and enhancement of food, as well as in food additives, to enhance flavour and improve function and fortification to promote general health. Therefore, the easy, scalable and economical production and a wide variety of applications will contribute to the segment's dominance in the market.
The application segment is divided into bakery products, dairy products, beverages and others. The beverages segment dominated the market, with a market share of around 39% in 2022. Enzymes are crucial to the manufacturing of beer and malted spirits. Enzymes facilitate the production of sugars during fermentation. They also help with controlling the viscosity of beverages and chill-proofing. Enzymes are also known to help in food processing in many different ways, such as cheese, vinegar, and wine production. Enzymes increase efficiency and contribute to resource and energy conservation in these processes. Enzymes enhance the extraction and clarity of fruit juices and wine during processing. Enzyme addition boosts the release of several phenolic and other nutritionally significant components in the juice, aiding in juice extraction. Enzymatic clearing also improves the look of the juice. The numerous benefits enzymes offer for beverages drive its demand in the industry and contribute to the segment's dominance in the market.
Report Description:
Attribute | Description |
---|---|
Market Size | Revenue (USD Billion) |
Market size value in 2022 | USD 3 Billion |
Market size value in 2032 | USD 5.90 Billion |
CAGR (2023 to 2032) | 7% |
Historical data | 2019-2021 |
Base Year | 2022 |
Forecast | 2023-2032 |
Region | The regions analyzed for the market are Asia Pacific, Europe, South America, North America, and Middle East and Africa. Furthermore, the regions are further analyzed at the country level. |
Segments | Type, Source and Application |
As per The Brainy Insights, the size of the global food enzymes market was valued at USD 3 billion in 2022 to USD 5.90 billion by 2032.
Global food enzymes market is growing at a CAGR of 7% during the forecast period 2023-2032.
The market's growth will be influenced by the increasing demand for chemical free foods and beverages.
The production requires a controlled environment could hamper the market growth.
This study forecasts revenue at global, regional, and country levels from 2019 to 2032. The Brainy Insights has segmented the global food enzymes market based on below mentioned segments:
Global Food Enzymes Market by Type:
Global Food Enzymes Market by Source:
Global Food Enzymes Market by Application:
Global Food Enzymes Market by Region:
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