Food enzyme Market Will Reach USD 3,125.1 Million by 2024: Meticulous Research®

The global food enzymes market is expected to grow at a CAGR of 7.5% to reach $3,125.1 million by 2024 from $2,176.9 million in 2019.

Food enzyme market has shown strong growth pattern in recent year’s majorly due to growing awareness about nutritional requirements, demand for high performance and environment-friendly manufacturing process, increasing demand for processed food products, and innovative developments in biotechnology. In addition, emergence of developing countries as a strong consumer for nutritional products also provides significant opportunities for the enzyme manufacturers in the global food enzymes market.

Meticulous Research® in its latest publication on food enzyme market states that the global food enzyme market will increase at a CAGR of 7.5% from 2019 to 2024 to reach USD 3,125.1 million by 2024. Wherein, geographically, North America commanded the largest share in this market followed by Europe. The major share of North America is mainly attributed to increased consumption of protease and lipase due to huge demand for healthy and highly nutritional diet products. This increased consumption in the region is providing new opportunities for vendors to expand their product portfolio in the market.

Download free sample report and gain crucial industry insights @

The report provides meticulous analysis of global food enzyme market by segmenting it on the basis of source (microorganisms, animals, plant), type (carbohydrase, protease, lipase), forms (liquid, solid), and application (bakery, dairy, beverage, meat processing).

Wherein, among sources, microorganism segment commanded the largest share in this market majorly due to their lower production costs; possibility of large-scale production in industrial fermenters; wide range of application in the beverage, bakery, dairy, and meat industry; and approval from leading organizations for their use in various food products.

The key players analyzed in the global food enzyme market are AB Enzymes GmbH (Germany), Novozymes A/S (Denmark), Koninklijke DSM N.V. (The Netherlands), Dupont Industrial Bioscience (U.S.), Biocatalysts Limited (U.K.), Kerry Group (Ireland), Amano enzyme Inc. (Japan), Chr. Hansen Holding A/S (Denmark), Aum Enzymes (India), Advance Enzyme Technologies Ltd.(India), Enzyme Development Corporation (U.S.), Enmex S.A. de C.V. (Mexico), Jiangsu Boli Bioproducts Co., Ltd. (China), and Leveking (China).

Browse in-depth Report on:

Key Topics Covered in This Report:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Market Insights
5 Global Food Enzyme Market, by Source
6 Global Food Enzyme Market, by Type
7 Global Food Enzyme Market, by Formulation
8 Global Food Enzyme Market, by Application
9 Global Food Enzyme Market, by Geography
10 Competitive Landscape
11 Company Profiles (includes Business Overview, Financial Overview, Product Portfolio, Strategic Developments)
12 Appendix

Download free sample report and gain crucial industry insights @

Contact Info:
Name: Khushal
Email: Send Email
Organization: Meticulous Market Research Pvt. Ltd.
Address: Pune, India
Phone: +91-744-7780008

Release ID: 88889718