Thumbnail

Russia Food Enzymes Market-Growth, Trends and Forecast (2020 - 2025)

Looking to buy the report?

The growing demand for processed foods and increasing health consciousness in the people is driving the food & beverages industry which in turn is driving the food enzymes market. Food enzymes are a major food additives which convert complex molecules in to simpler ones in our diet. The food enzymes market was valued is expected to reach USD 2.7 billion by 2022, with a CAGR of 8.1% for the forecast period of 2017-2022.

The demand for processed and packaged foods is growing with the need to provide food security and safety. However, due to complexities in the global food supply chain, there is a need to add food additives to keep intact the nutritional content and maintain the shelf life. Apart from these reasons, the increasing penetration of organized retail in urban and rural centers globally seem to drive the need for food enzymes. The key restrains the market faces is in terms of unclear regulatory process and high Research and development costs.

The report is segmented based on enzymes types which include Carbohydrases, proteases and Lipases. , carbohydrases dominate the market followed by proteases and lipases. Food enzymes find major application in Bakery, Dairy & Frozen products, Enzymes, Meat products, Oils and Fats among others. Bakery is the largest application market, as food enzyme are used to improve dough stability and shelf life of end products. Increased use of enzymes in cheese processing is driving the use of enzymes in dairy industry, which is the second largest application market followed by the beverages industry.

Europe constitutes 28% of the global food enzymes share.  The Carbohydrase Europe market was valued at USD 503 billion in 2015, and is estimated to grow at a CAGR of 6.4% during 2017-2022.  Europe carbohydrases market account for nearly 20% of the global carbohydrases market. Europe is expected to see a slow growth as the European Union has recently imposed a legislation to assess the risks associated with the use of enzymes in food industry. 

 Some of the players who have been profiled in this report include AB Enzymes, Novozymes, Sunson Industry group, Cargill, Tate & Lyle among others. 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.

In this report we offer, 

1 Market Definition for the specified topicalong with,identification of key drivers and restraints for the market.
2 Market analysis for the Russia Food Enzymes Market, with region specific assessments and competition analysis on a global and regional  scale.
3 Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies which can influence the market on a global and regional  scale.
4 Extensively researched competitive landscape section with profiles of major companies along with their share of markets. 
5 Identification and analysis of the Macro and Micro factors that affect the Russia Food Enzymes Market on both global and regional scale.
6 A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information. 

Why should you buy this report?

1 For getting a comprehensive overview of the Russia Food Enzymes  Market.
2 To gain wide ranging information about the major players in this industry and the strategies adopted by them. 
3 To gain an insight about the major countries/regions in which this industry is blooming and also identify the regions which are untapped.

 

Looking to buy the report?

Want some specific customizations?

Our clients include:

prev-arrow
next-arrow

Looking to Customize Report?

Please Enter Email ID

Please Enter Message