The Asia-Pacific Food Enzymes Market was worth $0.38 billion in 2021 and estimated to be growing at a CAGR of 9.9%, to reach $0.61 billion by 2026. Eating good food is equally important as being able to digest it. Human body is capable of producing some digestive enzymes but they cannot digest all the food we take. Food enzymes provide the solution to help you digest food which is previously indigestible.
Market Overview:
Enzymes act as catalysts for thousands of chemical reactions that happen in all the living cells. With the advancements in Biotechnology, enzymes are produced which can mimic the enzymatic process and also enhances the process if needed. As a result enzymes that occur in nature attain enhancing effects adding previously unattainable functions to food products. They can be extracted from plants and animals or fermented from microorganisms.
Drivers and Restraints:
Increasing awareness for diets which are rich in nutrition, tremendous rise in the retail channels which penetrated both urban and rural areas are the major factors driving the food enzymes market. The change in food habits of people all over the world and increase in demand for packaged food led to the increase in demand for food enzymes. Globalization of developing countries increased the demand for food processing industries. Unclear legislations regarding food enzymes and health risks due to the use of food enzymes are restraining the market.
Asia Pacific Food Enzymes Market Segmentation Analysis:
The food enzymes market is categorized based on the types of enzymes as Carbohydrases, Proteases and Lipases. Carbohydrases hold the largest share in Food Enzymes Market in this segment as it is used to convert carbohydrates into sugar syrups like fructose and glucose for food and beverage industries. Food enzymes are further segmented into Lyophilized powder and liquid forms based on their forms. On the basis of application of food enzymes, the market is segmented into Beverage, Processed Food, Dairy, Bakery and Confectionery. Bakery products hold the largest market in this segment. It is mainly due to the application of food enzymes in bakery products such as increasing stability of dough and uniformity of brown bread etc. The food enzymes market is segmented based on the source of the enzymes as Plants, Animals and microorganisms
Region Analysis:
Asia-Pacific region is geographically segmented into China, India, Japan, South Korea and Australia. Asia-Pacific is projected to be the fastest growing market for food enzymes market with India and China leading the market. Increase in awareness of nutritional diets is driving the market growth.
Key Players in the Market:
Major key players in the Asia Pacific Food Enzymes Market are
Some of the major players in food enzymes market include AB Enzymes GMBH, Advanced Enzymes Technologies Limited, AUM Enzymes, Dyadic International Inc., E.I. DUPONT DE Nemours & Company, Jiangsu Boli Bio products Co. Ltd, Novozymes A/S, Sunson Industry Group Company Limited, Nagase Chemtex Corporation, and Puratos Group NV.
1.Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Type
5.1.1 Introduction
5.1.2 Carbohydrase
5.1.3 Protease
5.1.4 Lipase
5.1.5 Y-o-Y Growth Analysis, By Type
5.1.6 Market Attractiveness Analysis, By Type
5.1.7 Market Share Analysis, By Type
5.2 Application
5.2.1 Introduction
5.2.2 Beverage
5.2.3 Processed Food
5.2.4 Dairy
5.2.5 Bakery
5.2.6 Confectionery
5.2.7 Y-o-Y Growth Analysis, By Application
5.2.8 Market Attractiveness Analysis, By Application
5.2.6 Market Share Analysis, By Application
5.3 Source
5.3.1 Introduction
5.3.2 Plant
5.3.3 Microorganism
5.3.4 Animals
5.3.5 Y-o-Y Growth Analysis, By Source
5.3.6 Market Attractiveness Analysis, By Source
5.3.7 Market Share Analysis, By Source
5.4 Form
5.4.1 Introduction
5.4.2 Lyophilized Powder
5.4.3 Lyophilized Liquid
5.4.4 Y-o-Y Growth Analysis, By Form
5.4.5 Market Attractiveness Analysis, By Form
5.4.6 Market Share Analysis, By Form
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Type
6.1.3.3 By Application
6.1.3.4 By Source
6.1.3.5 By Form
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Type
6.1.4.3 By Application
6.1.4.4 By Source
6.1.4.5 By Form
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Type
6.1.5.3 By Application
6.1.5.4 By Source
6.1.5.5 By Form
6.2 China
6.3 India
6.4 Japan
6.5 South Korea
6.6 Australia
7.Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8.Market Leaders' Analysis
8.1 Athersys
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 AB Enzymes GMBH
8.3 Advanced Enzymes Technologies Limited
8.4 AUM Enzymes
8.5 Dyadic International Inc
8.6 E.I. DUPONT DE Nemours & Company
8.7 Jiangsu Boli Bio products Co. Ltd
8.8 Novozymes A/S
8.9 Puratos Group NV
8.10 Nagase Chemtex Corporation
9.Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10.Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
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Apr 2021
