Title: Food Enzymes Market is estimated to exhibit over 7.5% CAGR from 2017 to 2024
1Global Food Enzymes Market to reach 3.6bn by
2024 Global Market Insights Inc.
2Key Insights from Food Enzymes Market
- Increasing consumer awareness regarding
nutritional benefits offered by enzymes has
resulted in increased product demand, thus
driving the food enzymes market penetration - The strong application outlook for the food
beverage industry for product quality enhancement
along with high acceptance from the bakery and
confectionery applications to bread quality
standardization and flour reduction level will
escalate demand. - Numerous food processing units are extensively
using these additives to attain
environment-friendly processes, as these extracts
are used as biocatalysts to increase the
production rate. - FB industry has witnessed various trends,
significantly impacting the food enzymes market
growth. - These products are fermented, that results in
creation of a number of enzymes, intensifying
their strength. Moreover, high usage of these
additives for stabilizing the beverages and
minimizing the off-odors will instigate immense
growth potential in the coming years.
3Continued...
- Carbohydrases will acquire a major share in the
industry crossing USD 1.8 billion sales by 2024. - Phytase will exhibit over 7 CAGR till 2024 owing
to its benefits in absorption of vital materials
including magnesium and calcium, as well as and
reduction of phytic acid. - Beverages applications of food enzymes market are
likely to dominate the industry, registering over
50 kilotons demand by 2024. - North America is expected to capture highest
share in the global food enzymes market and
witness over 6.1 CAGR up to 2024. - Asia Pacific food enzymes market will grow
rapidly, witnessing over 7.5 CAGR from 2017 to
2024. - Royal DSM, Danisco, BASF, Lumis, Aumgene
Biosciences, Enmex, Advanced Enzymes, and AB
Group are among the noticeable participants in
the food enzymes market.
4North America Proteases Enzymes Market, By
Application, 2016 2024, (Kilo tons)
5 Browse Full Market Research Report On Food
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