Europe Food Enzymes Market Growth, Trends, Share, Industry Analysis by 2027

[Business Point 2021]

According to the latest report by IMARC Group, titled “Europe Food Enzymes Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the Europe food enzymes market size reached US$ 620 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 910 Million by 2027, exhibiting a growth rate (CAGR) of 6.4% during 2022-2027.

Market Outlook:

Food enzymes represent additives that assist in converting complex nutrients into easily digestible forms. They are included in food items to their enhance shelf-life. In line with this, some of the commonly available food enzymes are amylase, protease, lipase, cellulase, etc. These enzymes are extensively utilized in bakery products that consist of high-sugar and vegetable oils. Carbohydrase, a form of amylase enzyme, finds wide-ranging applications in the food and beverage (F&B) industry for manufacturing wines, artificial sweeteners, and fruit as well as vegetable juices. As such, food enzymes produce desirable aromas in numerous edible goods.

Industry Trends:

The expanding food and beverage (F&B) industry and the escalating demand for packaged, ready-to-eat, and baked products are primarily driving the Europe food enzymes market. Additionally, the growing consumer awareness towards food quality is propelling the adoption of these additives, which is further catalyzing the market growth.

Besides this, the rising utilization of food enzymes to process meat and improve its tenderness, the changing lifestyles and dietary patterns of individuals, and the inflating need for high-performance meals are acting as significant growth-inducing factors. Moreover, the introduction of organic nutraceuticals that are manufactured by using high-quality natural enzymes is positively influencing the regional market.

Apart from this, several food enzymes are used for the process of clarification and filtration and increasing juice yield, which is also augmenting the market growth. Furthermore, extensive R&D activities for waste reduction and enhancing food safety are anticipated to fuel the Europe food enzymes market over the forecasted period.

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Competitive Analysis and Segmentation:

Competitive Landscape with Key Players:

The competitive landscape of the Europe food enzymes market has been studied in the report with the detailed profiles of the key players operating in the market.

Key Market Segmentation:

The report has segmented the market on the basis of type, source, formulation, application and country.

Breakup by Type:

Carbohydrase
Protease
Lipase
Others

Breakup by Source:

Microorganisms
Bacteria
Fungi
Plants
Animals

Breakup by Formulation:

Powder
Liquid
Others

Breakup by Application:

Beverages
Processed Foods
Dairy Products
Bakery Products
Confectionery Products
Others

Breakup by Country:

Germany
France
United Kingdom
Italy
Spain
Others

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Key Highlights of the Report:               

Market Performance (2016-2021)
Market Outlook (2022-2027)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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