Market Overview

Global Food Enzymes Market 2018-2022| Product Innovations to Boost Growth| Technavio

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The global food enzymes market is expected to post a CAGR of nearly 8%
during the period 2018-2022, according to the latest market research
report by Technavio.

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Technavio has published a new market research report on the global food enzymes market from 2018-202 ...

Technavio has published a new market research report on the global food enzymes market from 2018-2022. (Graphic: Business Wire)

A key factor driving the growth of this market is the increasing demand
from the beverage industry. 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.

This market research report on the global
food enzymes market 2018-2022
also provides an analysis of the
most important trends expected to impact the market outlook during the
forecast period. Technavio classifies an emerging trend as a major
factor that has the potential to significantly impact the market and
contribute to its growth or decline.

This report is available at a USD 1,000 discount for a limited time
only:
View
market snapshot before purchasing

In this report, Technavio highlights product innovations as one of the
key emerging trends in the global food enzymes market:

Global food enzymes market: Product innovations

An increase in the demand and high penetration of food enzymes in the
food and beverage industry have enabled the food enzymes manufacturers
to actively invest in R&D activities to gain competitive advantage
through new product developments, reduction in costs, and reduced
environmental impact. Researchers in the food enzymes market are
focusing on products and technologies that can differentiate their
product portfolio from other competitors and offer them lucrative growth
opportunities.

"Companies such as DSM introduced PreventASe XR, an enzymatic
solution that prevents the formation of acrylamide in high-pH
applications such as corn chips, biscuits, and crackers. Food
manufacturers are facing a challenge to deliver acrylamide-reduced
versions of their products with the same taste and texture. PreventASe
XR is an ideal product for more alkaline applications,"
says a
senior analyst at Technavio for research on additives, adhesives, and
sealants.

Global food enzymes market: Segmentation
analysis

This market research report segments the global food enzymes market by
application (processed foods, beverages, animal feed and poultry, dairy,
and bakery) and geographical regions (APAC, EMEA, and the Americas).

The processed foods segment held the largest market share in 2017,
accounting for nearly 44% of the market. This application segment is
expected to dominate the global market throughout the forecast period.

The Americas led the market in 2017 with a market share of nearly 45%.
The region is expected to dominate the market through 2022, however,
there will be a decrease in its market share.

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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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