Market Size of Italy Food Enzymes Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 1.86 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Italy Food Enzymes Market Analysis
Italy food enzymes market is projected to grow at a CAGR of 7.56% during the forecast period (2020-2025).
- Enzymes have become an important area of biotechnology; the use of enzymes has expanded rapidly into a variety of food applications owing to their effectiveness, accuracy, and possibility of replacing additives.
- Numerous public and private investments on research and developments of these enzymes have widely catered to the market studied. Although there are still enormous opportunities for development, especially in the bakery and beverage segment. Moreover, the rising consumer awareness towards natural enzymes paved a way for the market growth in the country.
- On the other hand, stringent government regulations restrict the market for regulation 1332/2008 on food enzymes introduced harmonized rules for their scientific evaluation and authorization in the EU. Articles 10-13 of Regulation 1332/2008 set out specific labeling requirements.
