Pune, India -- (SBWire) -- 05/03/2019 --Our latest research report entitled Food Enzymes Market (by type (carbohydrase, lipase, protease, and other types), source (animals, plants, and microorganisms), application (bakery, Confectionery, dairy, food & beverages, and other applications)) provides complete and deep insights into the market dynamics and growth of food enzymes. Latest information on market risks, industry chain structure food enzymes cost structure and opportunities are offered in this report. The past, present and forecast market information will lead to investment feasibility by studying the essential food enzymes growth factors. The global food enzymes market is projected to grow at a CAGR of 7.5% over the forecast period of 2019-2025.
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Food Enzymes Market: Industry Insights
Enzymes are protein molecules in cells which work as catalysts and accelerate chemical reactions in the body. Enzymes speed up chemical reactions in the body but do not get used up in the process. Some of the major roles of the enzyme in the human body include digestive system - enzymes which help to break down larger complex molecules into smaller molecules, such as glucose, for easy utilization in the body. In DNA replication enzymes help to unwind the DNA strands which helps to copy the DNA sequence during a cell multiplication. One of the important roles of the liver in the body is to break down the toxins and remove them from the body enzymes help to catalyze this reaction in the liver. Moreover, enzymes present in plants are capable of digesting food in the living being before the body start own digestion process. Food enzymes are derived for extraction from animal and plant tissues or by fermentation of microorganisms.
Food Enzymes Market: Drivers and Restraints
Increasing demand for the processed food and enhancing the quality of food are the driving factor for the growth of global food enzymes market. Rising awareness for health consciousness and demand for the healthy and nutritional food tend to the growth of the food enzymes market. Changing government regulations in different countries and approvals by the government on the new product launch may hamper the growth of the global food enzymes market. High cost for the research and development and food products may hinder the growth of the market.
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Food Enzymes Market: Segmentation
Food Enzymes Market is segmented on the basis of Application, Source, and Type. Applications are further segmented into Bakery, Confectionary, Dairy, and Food& Beverages, in which bakery segment holds significant market share in the global Food Enzymes market. Increasing consumption of bakery products and improving the shelf life contributing to increase in the Food Enzymes market. Based on the source, the market is bifurcated into Animals, Plants, and Microorganisms. By types, the market is segmented into Carbohydrase, Lipase, Protease, and other types, in which Carbohydrase holds highest market share due to increased consumption of beverages and cost-effectiveness are the factor tend to rise the growth of Food Enzymes market.
Food Enzymes Market: Regional Insights
Geographically Food Enzymes Market is segmented into North America, Europe, Asia-Pacific and Rest of World (RoW). North America holds the highest market share in the Global Food Enzymes Market owing to increasing demand for the processed food for the Food Enzymes market. In North America, the U.S. dominates the market followed by Canada and Mexico. Asia-Pacific is expected to grow with the highest CAGR during 2018-2025 with increasing awareness for the health consciousness and healthy food demand in the APAC region.
Food Enzymes Market: Competitive Analysis
The Global Food Enzymes Market comprises with the players, AB Enzymes GmbH, Advanced Enzymes Technologies Ltd., Amano Enzyme Inc., Associated British Foods Plc, AUM Enzymes, Chr. Hansen Holding A/S, Danisco (DuPont), Dyadic International Inc., Jiangsu Boli Bioproducts Co. Ltd, Koninklijke DSM NV, Novozymes A/S, and Puratos Group NV. Product innovation and acquisitions & mergers are the key parameters to remain competitive and to gain greater market share.
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Report Findings
1) Drivers
- Increasing Awareness Nutritional Benefits of Enzymes.
- Growing Demand in Bakery, Confectionary, Dairy, Food & Beverages Industries.
- Increasing Demand for Carbohydrase.
- Technological Innovations.
2) Restraints
- Counterfeit Packaging.
- Stringent Regulations.
- High Costs in Research & Development.
3) Opportunities
- Alcoholic and Non-Alcoholic Beverages.
- New Applications in Nutraceuticals Industry.
