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The Italy food enzymes market is segmented By Type (Amylases, Carbohydrases, Protease, Lipase, and Others) and By Application (Bakery, Confectionery, Dairy and Frozen Desserts, Meat Poultry and Sea Food Products, Beverages, and Others).
Italy food enzymes market is projected to grow at a CAGR of 7.56% during the forecast period (2020-2025).
The Italy food enzymes market is available as amylases, carbohydrases, protease, lipase and others. By application, the market is segmented into bakery, confectionery, dairy and frozen desserts, meat poultry and seafood products, beverages and others.
|Dairy and Frozen Desserts|
|Meat Poultry and Sea Food Products|
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The country’s inclination towards convenient and packed food is drastically driving the market studied owing to its wide application in bakery, soups and other processed foods. In many instances, the use of enzymes has been proved to decrease the volumes and toxicity of byproducts and effluents. Therefore, the players are investing a huge amount on research and developments to introduce innovative enzymes in order to provide good-quality processed food to satiate the growing demand put up by Italian consumers. Pectinases are the most commonly used enzyme in the fruit juice industry of the country because they increase juice yields and accelerate juice clarification, thus, increasing its role in beverage industry applications.
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In Italy, the demand for bakery products is very high, especially for bread. In bread production, alpha-amylase used as an ingredient offers several benefits such as improved softness, longer shelf-life, and even reduced baking time, as in the case of pre-baked bread. Food enzymes inclusive of lipases, proteases, cellulases, amylases, and others are widely used in the other bakery products as it accelerates yeast fermentation and boost leavening for optimum dough expansion during proofing and baking and also to improve dough stability and shelf life of end products.
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The market studied is competitive owing to the presence of several global players trying hard to maintain their position in the Italian food enzymes market. The players are adopting strategies such as product innovation and mergers and acquisitions. The market sees growth opportunities in the country as food enzymes reduce water, energy and wastage costs and thus, aiding in the convenient processing of the food products.
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
6. COMPETITIVE LANDSCAPE
6.1 Most Adopted Strategies
6.2 Market Position Analysis
6.3 Company Profiles
6.3.1 Kerry Inc
6.3.2 Novozymes Group
6.3.3 Koninklijke DSM N.V.
6.3.4 Chr. Hansen Holding GmbH
6.3.5 BASF SE
6.3.6 Biochem Srl
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject to Availability