Food Enzyme Market By Type (Carbohydrase, Protease, Lipase, and Others), By Application (Bakery, Confectionery, Dairy and Frozen Desserts, Meat, Poultry and Sea Food Products, Beverages, and Others) and By Region - Market Trends, Analysis, and Forecast till 2030

The Food Enzyme Market account revenue of USD 1.76 Billion in the year 2020 globally and has been foreseen to yield USD 3.17 Billion by the year 2030 at a compound annual growth (CAGR) of 6.1% over the forecast period.

Enzymes have long been important in various parts of life science. Food enzymes are becoming more widely recognised as an important component of the food and beverage industry, prompting new developments in response to the pressing need to improve their flavour and texture attributes. The market for food enzymes is growing as they become a more important part of the manufacturing process for a variety of food and beverage goods, including bakery, drinks, and dairy.

Broad application scope will drive the growth of the Market

Protein molecules found in plants, animals, and microbes make up food enzymes. The substance serves as a catalyzer in biological reactions and is widely used in food processing to increase diversity and improve quality. Market expansion will be aided by a broad application scope that includes beverages, processed foods, dairy, bread, and confectionary.

Food enzymes are commonly employed as food additives to improve digestion, texture, and shelf life of processed foods. The rate of product adoption will be boosted by increased consumption of processed food and beverage goods. Furthermore, because processed meals contain complex compounds that are difficult to digest naturally, the use of food enzyme in the creation of processed foods is critical. To increase market share, food and beverage manufacturers are focusing their product line by producing frozen and chilled variants with unusual flavours.

The Global Food Enzyme Market is segmented based on type, application and region.

On the basis of Type, the Global Food Enzyme Market is segmented into Carbohydrase, Protease, Lipase and Others. Based on Application, the target market is segmented into Bakery, Confectionery, Dairy and Frozen Desserts, Meat, Poultry and Sea Food Products, Beverages, and Others.

Regional Insights:

On region the Global Food Enzyme Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The greatest market for enzyme uses in the food industry is North America. One of the primary factors driving the food enzymes market is the region's high consumption of meat and animal products. At the regional and worldwide levels, the United States is the market leader in enzyme production and consumption, owing to increased consumer spending on high-quality products and a preference for processed meals including naturally sourced components.

Report Scope:

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029. For the purpose of this study, has segmented the Global Food Enzyme Market report based on Type, Application and region.

Global Food Enzyme Market, By Region:

• North America
  • Middle East & Africa
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • U.S.
  • Canada

Major industry players include Royal DSM, Danisco, BASF, Lumis, Aumgene Biosciences, Enmex, Advanced Enzymes, AB Group, Chr. Hansen, Enzyme Innovation, Thermo Fisher Scientific, Hayashibara Co., and Enzymes Solutions. The key strategies observed among the industry participants includes new product development, acquisitions, and technical collaborations.

• In December 2022, Novozymes and Chr. Hansen, a Danish manufacturer of enzymes and food ingredients, has announced plans for a merger to increase its presence in the global enzyme market.
• In February 2021, DuPont's Biosciences and Nutrition business merged with International Flavors & Fragrances. The merged company continues to operate under the name IFF. The merger consolidated IFF's position as one of the most important companies in the ingredients sector.
• In May 2021, Spanish enzyme maker DR Healthcare Espaa was acquired by Associated British Foods Plc's AB Biotek Ingredients division. Diamine oxidase (DAO), an essential intestinal enzyme, was added to the company's portfolio as part of the acquisition, which is expected to bolster AB Biotek's already robust commercial probiotic product line.

• Royal DSM
• Danisco
• BASF
• Lumis
• Aumgene Biosciences
• Enmex
• Advanced Enzymes
• AB Group