The food enzymes market is estimated to be valued at USD 2.2 billion in 2021 and is projected to reach USD 3.1 billion by 2026, recording a CAGR of 6.4%
The food enzymes market is projected to grow at a CAGR of 6.9% from 2018, to reach USD 3.23 billion by 2023
The food enzymes market is projected to grow at a CAGR of 6.9% from 2018, to reach USD 3.23 billion by 2023.
The Asia Pacific market is projected to grow at the highest CAGR during the forecast period. The growth is majorly attributed to the increasing demand from China and India, as the food & beverage industry in these countries is growing at a rapid pace.
The Food Enzymes Market Is Projected To Account for a Value of USD 3.2 Billion By 2023 With the increasing prevalence of diseases among consumers, manufacturers focus on offering high-quality food products that are nutrition-dense.
The food enzymes market is driven by factors such as waste reduction and energy savings in food processing and the demand for environment-friendly manufacturing processes and improved food quality.
Food Enzymes Market report categorizes the global market by Type (Carbohydrase, Protease, Lipase), Application (Beverage, Processed Food, Dairy, Bakery, Confectionery), Source (Plant, Microorganism, Animal), Form (Lyophilised Powder, Liquid), & by Region