Food Enzymes Market Outlook, Trends and Forecast to 2026| COVID-19 Impact on Food Enzymes Market

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MarketsandMarkets Presents
Food Enzymes Market - Forecast to
2026 https//www.marketsandmarkets.com/Market-Repo
rts/food-enzymes-market-800.html

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The report "Food Enzymes Market by Type
(Carbohydrases, Proteases, Lipases, Polymerases
Nucleases), Source, Application (Food
Beverages), Formulation, and Region(North
America, Europe, Asia Pacific, and South America)
Global Forecast to 2026" The food enzymes
market is estimated to be valued at USD 2.2
billion in 2021 and is projected to reach USD 3.1
billion by 2026, recording a CAGR of 6.4, in
terms of value. The growing demand for diverse
range of food products, clean label trend, and
increase in disposable income are the factors
that are projected to drive the growth of the
food enzymes market globally. Browse 435 market
data Tables and 46 Figures spread through 383
Pages and in-depth TOC on "Food Enzymes Market
Global Forecast to 2026 The North American
region dominated the food enzymes market with the
largest share in 2020, whereas Asia Pacific is
expected to witness the highest growth rate. The
food enzymes market in North America was dominant
due to the increasing demand for enzymes in food
applications. Technological innovations in
machinery, optimization of production, logistics,
and globalization of business have made the food
beverage industry one of the essential sectors
in North America. However, the shift of food
operations from developed regions, such as North
America and Europe, to Asia Pacific, has further
contributed to the growth of the food enzymes
market in the Asia Pacific region.   Download
PDF Brochure https//www.marketsandmarkets.com/pd
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• Report Objectives
• To describe and forecast the food enzymes market,
  in terms of type, source, application,
  formulation, and region  
• To describe and forecast the food enzymes market,
  in terms of value, by regionNorth America,
  Europe, Asia Pacific, and South Americaalong
  with their respective countries  
• To provide detailed information regarding the
  major factors influencing the market growth
  (drivers, restraints, opportunities, and
  challenges)
• To strategically analyze micro-markets with
  respect to individual growth trends, prospects,
  and contributions to the overall market
• To study the complete value chain of the food
  enzymes market
• To analyze opportunities in the market for
  stakeholders by identifying the high-growth
  segments of the food enzymes market
• To strategically profile the key players and
  comprehensively analyze their market positions,
  in terms of ranking and core competencies, along
  with details on the competitive landscape of
  market leaders
• Secondary Research
• In the secondary research process, various
  secondary sources, such as Hoovers, Bloomberg
  BusinessWeek, and Dun Bradstreet, were referred
  to, to identify and collect information for this
  study. These secondary sources included annual
  reports, press releases investor presentations
  of companies, white papers, certified
  publications, articles by recognized authors,
  gold silver standard websites, regulatory
  bodies, trade directories, and databases.  
• Request for sample Pages https//www.marketsandma
  rkets.com/requestsampleNew.asp?id800

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COVID-19 Analysis The impact of COVID-19 food
enzymes is expected to be significant, as the
current pandemic has highlighted the significance
of safe, healthy, and nutritious eating. While
ingredient sales span across the countries, key
companies in the food enzymes market have also
begun to establish regional production. RD and
sales department and are also optimizing supply
chains for the distribution of raw materials.
Amidst the COVID-19 outbreak, food ingredient
companies are facing significant challenges to
address the increased demand for food enzymes to
include changing tastes and preferences. A rapid
and unexpected spike in demand for functional
foods during the pandemic resulted in
manufacturers, suppliers, and retailers
struggling to ensure a continued supply of raw
materials in the market. Disruptions in the
supply chain during the COVID-19 lockdown across
the countries were challenging for the food
enzymes market. Restraints Restricted
temperature and pH operational range The action
of food enzymes is largely influenced by the
surrounding environmental conditions. A decrease
in temperature causes the reaction rate to drop
drastically, while thermal agitation denatures
the food enzyme (deteriorates the food enzyme
structure), thereby making it non-functional.
Varying the pH outside the operational range of
the food enzyme also reduces the enzyme activity
and can ultimately lead to permanent
denaturation. Food enzyme manufacturers are
striving to produce enzymes that can operate in a
wide temperature and pH range however, there is
still a long way to go if enzyme use has to be
universally implemented in all food beverage
manufacturing processes. Make an Inquiry
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• Key Market Players
• Key players in the food enzymes market include
  DuPont (US), Associated British Foods plc (UK),
  DSM (Netherlands), Novozymes (US), and Kerry
  Group (Ireland), Advanced Enzyme Technologies Ltd
  (India), Amano Enzyme Inc. (Japan) and CHR.
  Hansen Holdings A/S (Denmark). These major
  players in this market focus on increasing their
  presence through expansions, mergers
  acquisitions, partnerships, joint ventures, and
  agreements. These companies have a strong
  presence in North America, Asia Pacific, and
  Europe. They also have manufacturing facilities,
  along with strong distribution networks across
  these regions.
• Recent Developments
• In April 2021, IFF (a part of DuPont) announced
  today the launch of Nurica enzyme in China,
  offering a new solution for dairy producers to
  create a premium product to fulfil consumer
  health needs while increasing profitability.
  Nurica is IFFs latest innovation for the Chinese
  market and is marketed under the Danisco range of
  food ingredients.
• In March 2021, IFF announced the launch of
  Enovera 3001, an enzyme for the bakery industry
  in North America. It allows industrial bakers to
  formulate without compromising dough strength,
  texture or taste.
• In January 2021, DuPont Nutrition Biosciences
  (DuPont) launched NovaGARD NR 100-G, part of the
  DuPont Danisco range of antimicrobials, keeps
  meat products safe and high in quality throughout
  shelf life in the Middle East and Africa (MEA).
• In November 2020, DuPont Nutrition Biosciences
  (DuPont) has undertaken a new partnership between
  its Food Beverage platform and the Institute
  for the Future (IFTF), the worlds leading
  futures organization. The collaboration seeks to
  drive far-sighted food and beverage innovation
  that anticipates shifts in market needs.
• Speak to Analyst https//www.marketsandmarkets.co
  m/speaktoanalystNew.asp?id800

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