Global Food Enzymes Market 2020-2024 | Evolving Opportunities With BASF and DowDuPont Inc. | Technavio

Technavio has announced its latest market research report titled global food enzymes market 2020-2024 (Graphic: Business Wire)

LONDON--()--The global food enzymes market is poised to grow by USD 1.29 billion during 2020-2024, progressing at a CAGR of over 8% during the forecast period. Request Free Sample Pages

Read the 120-page research report with TOC on "Food Enzymes Market Analysis Report by Product (Carbohydrases, Protease, Lipase, and Others), Application (Processed foods, Beverages, Animal feed and poultry, Dairy, and Bakery), by Geography (APAC, North America, Europe, MEA, and South America), and Segment Forecasts, 2020 – 2024."

https://www.technavio.com/report/food-enzymes-market-industry-analysis

The market is driven by the increasing demand from the beverage industry. In addition, rise in awareness about healthy and nutritional food is also anticipated to drive the food enzymes market growth during the forecast period.

The beverage industry is witnessing the extensive use of food enzymes owing to their rapid use in the production of alcoholic and non-alcoholic drinks. The use of enzymes is a crucial component in the brewing industry. The four most common food enzymes used in brewing are beta-glucanase, protease, alpha-amylase, and beta-amylase. Food enzymes help to produce beer with signature attributes such as clarification, color, texture, and flavor. Additionally, food enzymes are used in the beverage industry for the extraction of fruit and vegetable juices.

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.

View market snapshot before purchasing

Major Five Food Enzymes Market Companies:

BASF

BASF operates in key business segments including Chemicals, Performance products, Functional materials and solutions, Agricultural solutions, Oil and gas, and Others. Nutrilife AM 100 and Natugrain TS are some of the key food enzymes offered by the company.

DowDuPont Inc.

DowDuPont Inc. operates in key segments including Agriculture, Performance materials and coatings, Industrial intermediates and infrastructure, Packaging and specialty plastics, Electronics and imaging, and Others. Key products offered by the company include POWERBake 6000 and DIAZYME.

Novozymes AS

Novozymes AS offers a wide portfolio of products and services through key business segments including Household care, Food and beverages, Bioenergy, Agriculture and feed, and Technical and pharma. Key products offered by the company include Acrylaway and Frontia.

Royal DSM

Royal DSM offers a varied range of products and services through key business segments including Nutrition and Materials. The company offers nutritional products and food specialties for various industries such as food and beverage, animal feed, pharmaceuticals, and infant nutrition. It also offers engineering plastics, resins, and functional materials. Key products offered by the company include BakeZyme and Filtrase.

Chr. Hansen Holding AS

The company operates in the following key business segments: Food cultures and enzymes, Health and nutrition, and Natural colors. Key products offered by the company include SAFEPRO and YIELDMAX.

Register for a free trial today and gain instant access to 17,000+ market research reports.

Technavio's SUBSCRIPTION platform

Food Enzymes Product Outlook (Revenue, USD Million, 2020 – 2024)

  • Carbohydrases
  • Protease
  • Lipase
  • Others

Food Enzymes Application Outlook (Revenue, USD Million, 2020 – 2024)

  • Processed foods
  • Beverages
  • Animal feed and poultry
  • Dairy
  • Bakery

Food Enzymes Regional Outlook (Revenue, USD Million, 2020 – 2024)

  • APAC
  • Europe
  • North America
  • South America
  • MEA

Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more. Request a free sample report

Related Reports on Consumer Staples are:

Global Brewing Enzymes Market 2020-2024 – Brewing Enzymes Market by Product (Amylase, Beta-glucanase, and Others), Formulation (Liquid and Powder), and Geography (APAC, Europe, MEA, North America, and South America).

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Website: www.technavio.com
Email: media@technavio.com

Release Summary

The global food enzymes market is poised to grow by USD 1.29 billion during 2020-2024, progressing at a CAGR of over 8% during the forecast period.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Website: www.technavio.com
Email: media@technavio.com