Market Size of Russia Food Enzymes Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 5.30 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Russia Food Enzymes Market Analysis
The Russia Food Enzymes Market is expected to grow at a CAGR of 5.3% over the forecast period, 2020 to 2025.
- The growing demand for processed foods and increasing health consciousness in the people is driving the food & beverage industry which in turn is driving the food enzymes market. Food enzymes are major food additives that convert complex molecules into simpler ones in the diet.
- Food enzymes find major applications in Bakery, Dairy & Frozen products, Enzymes, Meat products, Oils and Fats among others. The bakery is the largest application market, as food enzymes 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 the dairy industry, which is the second-largest application market followed by the beverages industry.
