Asia-Pacific Food Enzymes Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

Market Overview

Asia-Pacific food enzymes market is projected to grow at a CAGR of 8.35% during the forecast period.

• Increased demand for enzymes with rise in consumption of beverages primarily of alcoholic drinks in the region, remains a major factor driving Asia-Pacific food enzymes market. China, Japan, and India being the major alcohol consuming countries in the region, hold a prominent share in the market studied.
• Technological innovations related to enzymes-based food processing is anticipated to propel the growth of regional food enzymes market, as it will make processes cost effective and reduce the duration of the process.

Scope of the report

The market is segmented based on by type -carbohydrases, proteases, lipases, and Other and application which includes bakery, confectionery, dairy and frozen desserts, meat poultry and sea food products, beverages, and others. By geography, the market covers major economies of the region Asia-Pacific that is China, Japan, India, and Australia.

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Key Market Trends

Bakery Enzymes Drive the Market

Most to all breads in the region are produced with enzymes, portraying significant consumption of enzymes through the industry, majorly in countries with greater bakery consumption. Moreover, after prohibition of the usage of chemical whiteners like benzoyl peroxide, in many developed countries like China, the manufacturers of steamed bread raised concerns of the final product not being as appealing as customers have learned to accept. The concern was well-acknowledged by Lipase, that can reduce the betacarotene in flour and thus produce whiter steamed bread. The trend even raised the demand for enzymes in the industry. Fungal amylase and xylanase are said to produce steamed bread with a smoother surface, which gives a shiny impression.

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