Food enzymes have high demand from food sector which is projected to drive growth of the global food enzymes market significantly during the forecast period.
The global food enzymes market report has been segmented on the basis of type, source, application, and region.
On the basis of type, the global food enzymes market has been segmented into carbohydrase, protease, lipase, and others (isomerases and transferases). The carbohydrase segment further sub divided into amylase, cellulase, lactase, pectinase, and other carbohydrase. The carbohydrase segment is estimated to account for significant share in the global food enzymes market in terms of revenue.
On the basis of source, the global food enzymes market has been segmented into plant, microorganism, and animal. The microorganism segment further sub divided into fungi and bacteria. The animal segment is expected to account for major share in the global food enzymes market in terms of revenue.
On the basis of application, the global food enzymes market has been segmented into beverage, processed food, dairy, bakery, confectionery, and others (fish, meat, and poultry tenderizing). The processed food segment is expected to account for significant share in the global food enzymes market in terms of revenue. In addition, the processed food segment is also anticipated to register fastest growth over the forecast period.
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On the basis of region, the global food enzymes market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Market in North America is estimated to account for major revenue share in the global food enzymes market, owing to increasing demand for food and beverages products in the countries in the region. The food enzymes market in Asia Pacific is projected to register fastest growth in terms of revenue in the next five years.
Key players operating in the global market include Novozymes, E. I. du Pont de Nemours and Company, Koninklijke DSM N.V., Chr. Hansen Holding A/S, Nagase ChemteX Corporation, AB Enzymes, Amano Enzyme Inc., Kimberlite Softwares Pvt. Ltd., Specialty Enzymes, and Advanced Enzymes Technologies Limited.