Food Enzymes Market Analysis North America,APAC,Europe,South America,Middle East and Africa - US,China,India,Germany,UK - Size and Forecast 2024-2028

Published: Jan 2024 Pages: 185 SKU: IRTNTR40529

Food Enzymes Market Forecast Report 2024-2028

The Food Enzymes Market size is projected to increase by USD 991.08 million, at a CAGR of 6.45% between 2023 and 2028. The growth of the market depends on several factors, including the increasing demand from the beverage industry, the rise in awareness about healthy and nutritional food, and the high demand for food enzymes from the dairy industry

Market: Overview

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 Market Growth Analysis Driver 

A rise in awareness about healthy and nutritional food is the key factor driving market growth. Factors such as a rise in concern about health consciousness and food safety increased per capita income and spending expenditure, and rapid economic development have led to a significant increase in the demand for processed foods. This rise in demand for processed food products is also attributed to the increasing expenditure on health and nutritional foods, radical changes in lifestyle and food habits of individuals, growing disposable income, urbanization, and an increase in the young population, nuclear families, and working women population. The modern lifestyle is characterized by time constraints and the preference for convenience foods.

In addition, the consumption of fat-rich and calorie-laden foods that lack essential micronutrients impedes normal metabolism in humans. Therefore, the use of food enzymes in processed food manufacturers products is increasing as these enzymes break down the complex carbohydrates and fats present in foods, thus supporting digestion and metabolism. Hence, the increasing demand for processed foods, such as breakfast cereals, tinned vegetables, bread, and convenience foods, such as microwave meals or ready meals, is anticipated to drive market growth during the forecast period.

 Market Growth and Trends 

Capacity expansions and new plants are the primary trend shaping market growth. Align with the market trends and analysis, the market in China and India has developed at a rapid pace with the continuous increase in production capacities by producers. It is expected that both the supply and consumption of food enzymes will continue to grow in the next decade across the world. The rise in demand for food enzymes from food and beverage manufacturers has compelled the producers to expand their production capacities.

For example, in January 2022, BASF SE announced its plan to expand the production capacity for feed enzymes in Ludwigshafen, Germany. The number of possible fermentation runs per year has significantly increased because of the expansion of the existing plant. Therefore, the development of new production facilities and capacity expansion of the existing production facilities will present a major opportunity for the growth of the market during the forecast period.

Market Challenge 

High prices affecting product consumption is a major challenge that affects market growth. Even though the enzyme market is characterized by the presence of a significant number of small players, only the major players can afford to use technological leverage and sophistication to maintain the best quality. These major market players support their R&D efforts and secure their discoveries by patenting their products. This has led to an increase in the cost of enzymes for primary users, such as the dairy, brewery, and convenience food industries, thereby increasing the price of their products.

Furthermore, primary consumers in the developing regions often refrain from using enzymes or use medium- to low-quality products. This can be prevented by an increase in joint research and development (R&D) efforts and strategic partnerships to lower the price for primary consumers. Thus, the fluctuations in food enzyme prices may impede the growth of the market during the forecast period.

Market Segmentation by Product 

Carbohydrases were the largest segment of the market in 2023. Carbohydrases include alpha- and beta-amylase, glucoamylase, cellulases, lactase, hemicellulases (including xylanases and others), glucose isomerase, pectinase, and other enzymes that can break down carbohydrates such as cornstarch into simpler units. Additionally, alpha-amylase converts the starch in fruits into fermentable sugars. Starches such as grain and potatoes are used as raw materials in the production of ethyl alcohol. In addition, manufacturers of ice cream, yogurt, and frozen desserts use lactase extensively to enhance scoop and creaminess, sweetness, and digestibility. Hence, the increasing use of carbohydrates in different end-user industries, such as F and B, will augment the growth of the global market through the carbohydrate segment during the forecast period.

 Market Segmentation by Application

The market share growth by the processed foods segment will be significant during the forecast period. Processed foods, like breakfast cereals, tinned vegetables, bread, and convenience foods, such as microwave meals or ready meals, use food-grade enzymes to break down proteins, carbohydrates, and starch into simpler units. The consumption of processed foods has gained prominence owing to the hectic lifestyles of individuals coupled with rising expenditures. This has led to higher consumption of cereal grains as the staple foods for the majority of the world's population.

The processed foods segment was valued at USD 1,018.24 million in 2018.

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Additionally, the rise in population, especially in developing countries such as China and India, is expected to increase the demand for cereals and grains, which will drive the demand for food enzymes. Moreover, food enzymes are added to frozen foods to aid in the digestion of complex carbohydrates present in these foods. Thus, the increasing demand for frozen foods, driven by the changes in lifestyle and dietary preferences, accelerates the demand for food enzymes. Thus, such factors are expected to drive the market through the processed foods segment during the forecast period.

Key Regions for the Market

North America is estimated to contribute 35% to the growth of the global market during the forecast period

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Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market growth analysis during the forecast period. The US, Canada, and Mexico are the key contributing countries in the region. The market in North America is offering market players several opportunities to expand their product portfolio. The market growth is mainly driven by the increasing consumption of proteases and lipases. The US contributed the majority share of the total revenue share of the market in the region. The rise in health consciousness among individuals is boosting the use of enzymes in fortified foods and premium foods in the country. Furthermore, North America is one of the largest consumers and exporters of meat products. Thus, with the rising consumption of meat, the regional  market is expected to grow during the forecast period.

Company Overview

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

  • Key Offering-  Advanced Enzyme Technologies Ltd.: The company offers food enzymes such as Starzyme Super Conc, SEBake Pro, SEBStar HTL, SEBMash R, and others.
  • Key Offering- Associated British Foods Plc: The company offers food enzymes such as VERON MAXIMA enzyme solution for the baking industry.

The market research and growth report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:

  • Amano Enzyme Inc.
  • Aum Enzymes
  • BASF SE
  • Biocatalysts Ltd.
  • Chr Hansen Holding AS
  • Deerland Probiotics and Enzymes Inc.
  • DuPont de Nemours Inc.
  • Dyadic International Inc.
  • Jiangsu Boli Bioproducts Co. Ltd.
  • Koninklijke DSM NV
  • Maps Enzymes Ltd.
  • Nagase and Co. Ltd.
  • Noor Enzymes Pvt. Ltd.
  • Novozymes AS
  • Puratos Group NV
  • Specialty Enzymes and Probiotics
  • Sunson Industry Group Co. Ltd.
  • VTT Technical Research Centre of Finland Ltd.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Market Analyst Overview

The food enzymes market is propelled by environmental concerns, spurring R&D activities in enzyme engineering and genetically engineered enzymes. Technological innovations address chemical consumption, benefiting the food industry with multifunctional advantages. Growing economies, particularly in the Asian continent, witness increased demand, driven by the expanding middle-class population. Enzymes play a vital role in extending shelf life and enhancing flavor, color, and texture, with operational adaptability to temperature and pH ranges.

Manufacturers in Denmark and across the EU adhere to legislation, especially in the carbohydrate segment encompassing amylases, pectinases, lactases, and others, vital in bakery & confectionery. Enzymes optimize production, offering cost-effective modifications in meat processing, dairy, bakery, nutraceuticals, and processed fruits & vegetables. Enzymatic hydrolysis yields peptides and amino acids, serving as taste enhancers in soups, sauces, ready-to-eat, canned, and frozen food products, addressing consumer preferences globally.

Segment Overview

The market analysis and report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest market growth and trends opportunities from 2018 to 2028. 

  • Application Outlook 
    • Processed foods
    • Beverages
    • Animal feed and poultry
    • Dairy
    • Bakery
  • Product Outlook
    • Carbohydrases
    • Protease
    • Lipase
    • Others
  • Region Outlook
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile
      • Brazil
      • Argentina
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Food Enzymes Market Industry Scope

Report Coverage

Details

Page number

185

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 6.45%

Market Growth 2024-2028

USD 991.8 million

Market structure

Fragmented

YoY growth 2023-2024(%)

6.0

Regional analysis

North America, APAC, Europe, South America, and Middle East and Africa

Performing market contribution

North America at 35%

Key countries

US, China, India, Germany, and UK

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Advanced Enzyme Technologies Ltd., Amano Enzyme Inc., Archer Daniels Midland Co., Associated British Foods Plc, Aum Enzymes, BASF SE, Chr Hansen Holding AS, DuPont de Nemours Inc., Dyadic International Inc., Jiangsu Boli Bioproducts Co. Ltd., Koninklijke DSM NV, Lumis Biotech Pvt. Ltd., Maps Enzymes Ltd., Nagase and Co. Ltd., Noor Enzymes Pvt. Ltd., Novozymes AS, Puratos Group NV, Sunson Industry Group Co. Ltd., VTT Technical Research Centre of Finland Ltd., and BRAIN Biotech AG

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period. 

Customization purview

If our market forecasting report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market forecast between 2023 and 2027
  • Precise estimation of the market size and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market across North America, APAC, Europe, South America, and Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global food enzymes market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global food enzymes market 2018 - 2022 ($ million)
    • 4.2 Application Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – Application Segment 2018 - 2022 ($ million)
    • 4.3 Product Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – Product Segment 2018 - 2022 ($ million)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ million)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by Application

    • 6.1 Market segments
      • Exhibit 30: Chart on Application - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on Application - Market share 2023-2028 (%)
    • 6.2 Comparison by Application
      • Exhibit 32: Chart on Comparison by Application
      • Exhibit 33: Data Table on Comparison by Application
    • 6.3 Processed foods - Market size and forecast 2023-2028
      • Exhibit 34: Chart on Processed foods - Market size and forecast 2023-2028 ($ million)
      • Exhibit 35: Data Table on Processed foods - Market size and forecast 2023-2028 ($ million)
      • Exhibit 36: Chart on Processed foods - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Processed foods - Year-over-year growth 2023-2028 (%)
    • 6.4 Beverages - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Beverages - Market size and forecast 2023-2028 ($ million)
      • Exhibit 39: Data Table on Beverages - Market size and forecast 2023-2028 ($ million)
      • Exhibit 40: Chart on Beverages - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Beverages - Year-over-year growth 2023-2028 (%)
    • 6.5 Animal feed and poultry - Market size and forecast 2023-2028
      • Exhibit 42: Chart on Animal feed and poultry - Market size and forecast 2023-2028 ($ million)
      • Exhibit 43: Data Table on Animal feed and poultry - Market size and forecast 2023-2028 ($ million)
      • Exhibit 44: Chart on Animal feed and poultry - Year-over-year growth 2023-2028 (%)
      • Exhibit 45: Data Table on Animal feed and poultry - Year-over-year growth 2023-2028 (%)
    • 6.6 Dairy - Market size and forecast 2023-2028
      • Exhibit 46: Chart on Dairy - Market size and forecast 2023-2028 ($ million)
      • Exhibit 47: Data Table on Dairy - Market size and forecast 2023-2028 ($ million)
      • Exhibit 48: Chart on Dairy - Year-over-year growth 2023-2028 (%)
      • Exhibit 49: Data Table on Dairy - Year-over-year growth 2023-2028 (%)
    • 6.7 Bakery - Market size and forecast 2023-2028
      • Exhibit 50: Chart on Bakery - Market size and forecast 2023-2028 ($ million)
      • Exhibit 51: Data Table on Bakery - Market size and forecast 2023-2028 ($ million)
      • Exhibit 52: Chart on Bakery - Year-over-year growth 2023-2028 (%)
      • Exhibit 53: Data Table on Bakery - Year-over-year growth 2023-2028 (%)
    • 6.8 Market opportunity by Application
      • Exhibit 54: Market opportunity by Application ($ million)
      • Exhibit 55: Data Table on Market opportunity by Application ($ million)

    7 Market Segmentation by Product

    • 7.1 Market segments
      • Exhibit 56: Chart on Product - Market share 2023-2028 (%)
      • Exhibit 57: Data Table on Product - Market share 2023-2028 (%)
    • 7.2 Comparison by Product
      • Exhibit 58: Chart on Comparison by Product
      • Exhibit 59: Data Table on Comparison by Product
    • 7.3 Carbohydrases - Market size and forecast 2023-2028
      • Exhibit 60: Chart on Carbohydrases - Market size and forecast 2023-2028 ($ million)
      • Exhibit 61: Data Table on Carbohydrases - Market size and forecast 2023-2028 ($ million)
      • Exhibit 62: Chart on Carbohydrases - Year-over-year growth 2023-2028 (%)
      • Exhibit 63: Data Table on Carbohydrases - Year-over-year growth 2023-2028 (%)
    • 7.4 Protease - Market size and forecast 2023-2028
      • Exhibit 64: Chart on Protease - Market size and forecast 2023-2028 ($ million)
      • Exhibit 65: Data Table on Protease - Market size and forecast 2023-2028 ($ million)
      • Exhibit 66: Chart on Protease - Year-over-year growth 2023-2028 (%)
      • Exhibit 67: Data Table on Protease - Year-over-year growth 2023-2028 (%)
    • 7.5 Lipase - Market size and forecast 2023-2028
      • Exhibit 68: Chart on Lipase - Market size and forecast 2023-2028 ($ million)
      • Exhibit 69: Data Table on Lipase - Market size and forecast 2023-2028 ($ million)
      • Exhibit 70: Chart on Lipase - Year-over-year growth 2023-2028 (%)
      • Exhibit 71: Data Table on Lipase - Year-over-year growth 2023-2028 (%)
    • 7.6 Others - Market size and forecast 2023-2028
      • Exhibit 72: Chart on Others - Market size and forecast 2023-2028 ($ million)
      • Exhibit 73: Data Table on Others - Market size and forecast 2023-2028 ($ million)
      • Exhibit 74: Chart on Others - Year-over-year growth 2023-2028 (%)
      • Exhibit 75: Data Table on Others - Year-over-year growth 2023-2028 (%)
    • 7.7 Market opportunity by Product
      • Exhibit 76: Market opportunity by Product ($ million)
      • Exhibit 77: Data Table on Market opportunity by Product ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 78: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 79: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 80: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 81: Chart on Geographic comparison
      • Exhibit 82: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2023-2028
      • Exhibit 83: Chart on North America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 84: Data Table on North America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 85: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.4 APAC - Market size and forecast 2023-2028
      • Exhibit 87: Chart on APAC - Market size and forecast 2023-2028 ($ million)
      • Exhibit 88: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
      • Exhibit 89: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.5 Europe - Market size and forecast 2023-2028
      • Exhibit 91: Chart on Europe - Market size and forecast 2023-2028 ($ million)
      • Exhibit 92: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
      • Exhibit 93: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.6 South America - Market size and forecast 2023-2028
      • Exhibit 95: Chart on South America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 96: Data Table on South America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 97: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 99: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Exhibit 100: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Exhibit 101: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.8 US - Market size and forecast 2023-2028
      • Exhibit 103: Chart on US - Market size and forecast 2023-2028 ($ million)
      • Exhibit 104: Data Table on US - Market size and forecast 2023-2028 ($ million)
      • Exhibit 105: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 106: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.9 China - Market size and forecast 2023-2028
      • Exhibit 107: Chart on China - Market size and forecast 2023-2028 ($ million)
      • Exhibit 108: Data Table on China - Market size and forecast 2023-2028 ($ million)
      • Exhibit 109: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 110: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.10 Germany - Market size and forecast 2023-2028
      • Exhibit 111: Chart on Germany - Market size and forecast 2023-2028 ($ million)
      • Exhibit 112: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
      • Exhibit 113: Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Exhibit 114: Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • 9.11 India - Market size and forecast 2023-2028
      • Exhibit 115: Chart on India - Market size and forecast 2023-2028 ($ million)
      • Exhibit 116: Data Table on India - Market size and forecast 2023-2028 ($ million)
      • Exhibit 117: Chart on India - Year-over-year growth 2023-2028 (%)
      • Exhibit 118: Data Table on India - Year-over-year growth 2023-2028 (%)
    • 9.12 UK - Market size and forecast 2023-2028
      • Exhibit 119: Chart on UK - Market size and forecast 2023-2028 ($ million)
      • Exhibit 120: Data Table on UK - Market size and forecast 2023-2028 ($ million)
      • Exhibit 121: Chart on UK - Year-over-year growth 2023-2028 (%)
      • Exhibit 122: Data Table on UK - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 123: Market opportunity by geography ($ million)
      • Exhibit 124: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 125: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 126: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 127: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 128: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 129: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 130: Matrix on vendor position and classification
            • 12.3 Advanced Enzyme Technologies Ltd.
              • Exhibit 131: Advanced Enzyme Technologies Ltd. - Overview
              • Exhibit 132: Advanced Enzyme Technologies Ltd. - Business segments
              • Exhibit 133: Advanced Enzyme Technologies Ltd. - Key offerings
              • Exhibit 134: Advanced Enzyme Technologies Ltd. - Segment focus
            • 12.4 Amano Enzyme Inc.
              • Exhibit 135: Amano Enzyme Inc. - Overview
              • Exhibit 136: Amano Enzyme Inc. - Product / Service
              • Exhibit 137: Amano Enzyme Inc. - Key offerings
            • 12.5 Archer Daniels Midland Co.
              • Exhibit 138: Archer Daniels Midland Co. - Overview
              • Exhibit 139: Archer Daniels Midland Co. - Business segments
              • Exhibit 140: Archer Daniels Midland Co. - Key offerings
              • Exhibit 141: Archer Daniels Midland Co. - Segment focus
            • 12.6 Associated British Foods Plc
              • Exhibit 142: Associated British Foods Plc - Overview
              • Exhibit 143: Associated British Foods Plc - Business segments
              • Exhibit 144: Associated British Foods Plc - Key offerings
              • Exhibit 145: Associated British Foods Plc - Segment focus
            • 12.7 Aum Enzymes
              • Exhibit 146: Aum Enzymes - Overview
              • Exhibit 147: Aum Enzymes - Product / Service
              • Exhibit 148: Aum Enzymes - Key offerings
            • 12.8 BASF SE
              • Exhibit 149: BASF SE - Overview
              • Exhibit 150: BASF SE - Business segments
              • Exhibit 151: BASF SE - Key news
              • Exhibit 152: BASF SE - Key offerings
              • Exhibit 153: BASF SE - Segment focus
            • 12.9 BRAIN Biotech AG
              • Exhibit 154: BRAIN Biotech AG - Overview
              • Exhibit 155: BRAIN Biotech AG - Product / Service
              • Exhibit 156: BRAIN Biotech AG - Key offerings
            • 12.10 Chr Hansen Holding AS
              • Exhibit 157: Chr Hansen Holding AS - Overview
              • Exhibit 158: Chr Hansen Holding AS - Business segments
              • Exhibit 159: Chr Hansen Holding AS - Key news
              • Exhibit 160: Chr Hansen Holding AS - Key offerings
              • Exhibit 161: Chr Hansen Holding AS - Segment focus
            • 12.11 DuPont de Nemours Inc.
              • Exhibit 162: DuPont de Nemours Inc. - Overview
              • Exhibit 163: DuPont de Nemours Inc. - Business segments
              • Exhibit 164: DuPont de Nemours Inc. - Key news
              • Exhibit 165: DuPont de Nemours Inc. - Key offerings
              • Exhibit 166: DuPont de Nemours Inc. - Segment focus
            • 12.12 Jiangsu Boli Bioproducts Co. Ltd.
              • Exhibit 167: Jiangsu Boli Bioproducts Co. Ltd. - Overview
              • Exhibit 168: Jiangsu Boli Bioproducts Co. Ltd. - Product / Service
              • Exhibit 169: Jiangsu Boli Bioproducts Co. Ltd. - Key offerings
            • 12.13 Koninklijke DSM NV
              • Exhibit 170: Koninklijke DSM NV - Overview
              • Exhibit 171: Koninklijke DSM NV - Business segments
              • Exhibit 172: Koninklijke DSM NV - Key news
              • Exhibit 173: Koninklijke DSM NV - Key offerings
              • Exhibit 174: Koninklijke DSM NV - Segment focus
            • 12.14 Maps Enzymes Ltd.
              • Exhibit 175: Maps Enzymes Ltd. - Overview
              • Exhibit 176: Maps Enzymes Ltd. - Product / Service
              • Exhibit 177: Maps Enzymes Ltd. - Key offerings
            • 12.15 Nagase and Co. Ltd.
              • Exhibit 178: Nagase and Co. Ltd. - Overview
              • Exhibit 179: Nagase and Co. Ltd. - Business segments
              • Exhibit 180: Nagase and Co. Ltd. - Key offerings
              • Exhibit 181: Nagase and Co. Ltd. - Segment focus
            • 12.16 Noor Enzymes Pvt. Ltd.
              • Exhibit 182: Noor Enzymes Pvt. Ltd. - Overview
              • Exhibit 183: Noor Enzymes Pvt. Ltd. - Product / Service
              • Exhibit 184: Noor Enzymes Pvt. Ltd. - Key offerings
            • 12.17 Novozymes AS
              • Exhibit 185: Novozymes AS - Overview
              • Exhibit 186: Novozymes AS - Business segments
              • Exhibit 187: Novozymes AS - Key news
              • Exhibit 188: Novozymes AS - Key offerings
              • Exhibit 189: Novozymes AS - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 190: Inclusions checklist
                • Exhibit 191: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 192: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 193: Research methodology
                • Exhibit 194: Validation techniques employed for market sizing
                • Exhibit 195: Information sources
              • 13.5 List of abbreviations
                • Exhibit 196: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

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              food enzymes market market

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              • What are the key global market and the regional market share?
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              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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