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The China Food Enzymes Market is Segmented by Type (Carbohydrases, Proteases, Lipases, and Other Types) and Application (Bakery, Confectionery, Dairy and Frozen Desserts, Meat, Poultry and Seafood Products, Beverages, and Other Applications).
The Chinese food enzymes market is expected to register a CAGR of 5.6% during the forecast period (2020 - 2025).
The Chinsese food enzymes market is segmented by type (which includes carbohydrates, proteases, lipases, and other types). Based on application, the market is segmented into bakery, confectionery, dairy, and frozen desserts, meat, poultry and seafood products, beverages, and other applications.
|Dairy and Frozen Desserts|
|Meat, Poultry and Seafood Products|
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Specialty ingredients are the most important products, which guarantee the shelf life of the vast range of processed foods. They range from a wide variety of macro ingredients, such as fibers, carbohydrates, fats, and specific proteins, to other micro-ingredients, including minerals, vitamins, and enzymes. They typically perform various functional activities to enhance the quality and taste of the products. The health- related, nutritional, and technological functions of these products make the diet pleasant for consumption, tasty, safe, healthy, and even affordable. Manufacturers are focusing on providing all-natural specialty ingredients that increase the shelf-life of the product and enable them to label their products as “100% all-natural”, addressing consumer demand for “clean labels”. Functional food ingredients, including enzymes, are the dominant specialty ingredients that are used in a wide range of applications. Moreover, they are growing at a robust pace.
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The key drivers of growth of the baking enzymes market include the declining use of emulsifiers, uncovering health and nutritional value,s and high disposable income among consumers. Bakers are increasingly using enzymes to improve the softness, moistness, and shelf life of their products. The adoption of bakery enzymes for bread accounts for relatively high revenue share. Moreover, their growing applications in cakes and pastries are opening a wide window of opportunities for market players. Nowadays, consumers increasingly embrace convenient foods, like bread. Thus, realizing the challenges in fulfilling all consumer needs, from improving texture to longer-lasting freshness, the market players are directing their investments toward product innovation.
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The Chinese food enzymes market is fragmented, with a large number of players involved in the market. The active companies are involved in new product developments, expansions, mergers and acquisitions, and partnerships, in order to sustain the market competition. The key players in the market are Kerry Group, Novozymes, Koninklijke DSM NV, Chr. Hansen Holding A/S, and Amano Enzymes Inc.
1.1 Study Assumptions & Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Porter's Five Forces Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 By Type
5.2 By Application
5.2.3 Dairy and Frozen Desserts
5.2.4 Meat, Poultry and Seafood Products
6. COMPETITIVE LANDSCAPE
6.1 Most Adopted Strategies
6.2 Market Position Analysis
6.3 Company Profiles
6.3.2 Chr. Hansen Holding A/S
6.3.3 Kerry Group
6.3.4 Jiangsu Boli Bioproducts Co., Ltd.
6.3.5 Koninklijke DSM N.V.
6.3.6 Amano Enzymes
7. MARKET OPPORTUNITIES AND FUTURE TRENDS