Enzymes are macromolecular biological catalysts. Enzymes accelerate chemical reactions. The molecules upon which enzymes may act are called substrates and the enzyme converts the substrates into different molecules known as products. Almost all metabolic processesin the cell need enzyme catalysis in order to occur at rates fast enough to sustain life.
Due to the COVID-19 pandemic, the global Food and Beverage Processing Enzyme market size is estimated to be worth US$ 1417.7 million in 2021 and is forecast to a readjusted size of US$ 1657.3 million by 2028 with a CAGR of 2.2% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe Food and Beverage Processing Enzyme market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Food and Beverage Processing Enzyme landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
The North America region was the largest market for food enzymes in 2017, in terms of value, followed by Europe and then Asia-Pacific in terms of market size.
This report focuses on Food and Beverage Processing Enzyme volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Food and Beverage Processing Enzyme market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan, etc.
Global Food and Beverage Processing Enzyme Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Carbohydrase
Protease
Lipase
Segment by Application
Beverage
Processed Food
Dairy
Bakery
Confectionery
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
By Company
DowDuPont
Associated British Foods
Koninklijke
Novozymes
Chr. Hansen
Dyadic
Advanced Enzymes
Puratos
Amano Enzyme