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Europe Food Enzymes Market is segmented By Application into bakery, dairy and frozen products, oils and fats, confectionery, meat poultry and seafood, beverages and others and Geography.
Study Period:
2016 - 2026
Base Year:
2020
CAGR:
8.1 %
Largest Market:
Germany
Europe Food Enzymes Market is forecasted to grow at a CAGR of 8.1% during the forecast period.
Europe Food Enzymes Market is segmented by Application into bakery, dairy and frozen products, oils and fats, confectionery, meat poultry and seafood, beverages, and others. The market is also segmented by Geography.
By Application | |
Bakery | |
Dairy and Frozen Products | |
Oils and Fats | |
Confectionery | |
Beverages | |
Meat Poultry and Seafood Products | |
Others |
Geography | |||||||||
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The German national diet is very diverse and is one of Europe’s largest food and beverage markets. Increasing health awareness, an aging population, and the resulting demand for health and wellness products are driving the market for food enzymes in Germany. The German food enzyme market s expected to grow to USD 136.6 million by 2020.
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Europe's enzymes market value is increasing rapidly because of the increasing population and the consequent increasing consumption of processed foods. Enzymes are an important ingredient used in most bakery products. Recently enzymes have assumed an even greater role in baking, due to the restrictions on the use of chemical additives, especially in the manufacture of bread and other fermented products. The application of enzymes in dairy technology is well established. Rennets are used for proteases of various kinds, for acceleration of cheese ripening and for modification of functional properties.
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Some of the major players in the market are DuPont, Kerry Inc. MetGen, AST Enzymes and AB Enzymes. The market sees opportunities for growth in emerging and developed nations as food enzymes reduce water, energy and wastage costs. The market needs amendments to develop a set of guidelines to regulate the market.
1. INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
3.1 Market Overview
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 Application
5.1.1 Bakery
5.1.2 Dairy and Frozen Products
5.1.3 Oils and Fats
5.1.4 Confectionery
5.1.5 Beverages
5.1.6 Meat Poultry and Seafood Products
5.1.7 Others
5.2 Geography
5.2.1 Europe
5.2.1.1 Germany
5.2.1.2 United Kingdom
5.2.1.3 Italy
5.2.1.4 Spain
5.2.1.5 France
5.2.1.6 Russia
5.2.1.7 Rest of Europe
6. COMPETITIVE LANDSCAPE
6.1 Most Active Companies
6.2 Most Adopted Strategies
6.3 Market Share Analysis
6.4 Company Profiles
6.4.1 DuPont
6.4.2 Kerry Inc.
6.4.3 MetGen
6.4.4 AST Enzymes
6.4.5 AB Enzymes
6.4.6 Cargill Inc.
6.4.7 Chr. Hansen Holding A/S
6.4.8 Novozymes
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject to Availability