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Global food enzymes market is segmented by Application into bakery, confectionery, dairy and frozen desserts, meat poultry and sea food products, beverages, and others & by Geography
Fastest Growing Market:
The global food enzymes market is forecasted to grow at a CAGR of 8% during the forecast period (2020 - 2025).
Global food enzymes market offers a range of enzymes applicable to bakery, confectionery, dairy and frozen desserts, meat poultry and sea food products, beverages, and other industries. The study also covers the global level analysis of the major regions North America, Europe, Asia-Pacific, South America, and the Middle East & Africa.
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Bakery products consist of several products like bread, pastries, doughnuts and rolls. Food enzymes act as a catalyst for biochemical reactions which offer quality improvements in bakery products. The bakery is the largest application market for food enzymes. Bakery products are prominent in North America and Western Europe. Asia-Pacific is the fastest growing region for bakery foods, with Australia, India and China being the main drivers. In Australia, there is an increase in demand for Food enzymes in bakery applications due to restrictions in the use of chemical additives, especially in the manufacture of bread and other fermented products.
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North America is the largest market for enzyme applications in food industries. High consumption of meat and meat products in the region is one of the key factors augmenting the food enzymes market. The United States is the market leader of enzyme production and consumption at the regional and global level attributed to increased expenditure in premium quality products and consumer preference for processed foods incorporated with naturally sourced ingredients.
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Global food enzymes market is fragmented attributed to a large number of players involved in the market. Active companies involve in new product development, expansion and acquisition, to sustain with the market competition. Some of the major players are expanding their global presence by acquiring manufacturers in foreign countries. While companies such as DuPont, are investing in marketing and branding to increase their product promotion and achieve a strong sale.
1.1 Study Deliverables
1.2 Study Assumptions
1.3 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 Application
5.1.3 Dairy and Frozen Desserts
5.1.4 Meat Poultry and Sea Food Products
5.2.1 North America
18.104.22.168 United States
22.214.171.124 Rest of North America
126.96.36.199 United Kingdom
188.8.131.52 Rest of Europe
5.2.3 Asia Pacific
184.108.40.206 Rest of Asia-Pacific
5.2.4 South America
220.127.116.11 Rest of South America
5.2.5 Middle East and Africa
18.104.22.168 South Africa
22.214.171.124 United Arab Emirates
126.96.36.199 Rest of Middle East and Africa
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 Kerry Inc.
6.4.3 Koninklijke DSM N.V.
6.4.4 Chr. Hansen Holding A/S
6.4.5 Jiangsu Boli Bioproducts Co., Ltd.
6.4.7 ABF Ingredients
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject to Availability