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Food Enzymes Market is estimated to exhibit over 7.5% CAGR from 2017 to 2024

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Presentation on theme: "Food Enzymes Market is estimated to exhibit over 7.5% CAGR from 2017 to 2024"— Presentation transcript:

1 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Global Food Enzymes Market to reach $3.6bn by 2024: Global Market Insights Inc.

2 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Increasing consumer awareness regarding nutritional benefits offered by enzymes has resulted in increased product demand, thus driving the food enzymes market penetration  The strong application outlook for the food & beverage industry for product quality enhancement along with high acceptance from the bakery and confectionery applications to bread quality standardization and flour reduction level will escalate demand.  Numerous food processing units are extensively using these additives to attain environment- friendly processes, as these extracts are used as biocatalysts to increase the production rate.  F&B industry has witnessed various trends, significantly impacting the food enzymes market growth.  These products are fermented, that results in creation of a number of enzymes, intensifying their strength. Moreover, high usage of these additives for stabilizing the beverages and minimizing the off-odors will instigate immense growth potential in the coming years. Key Insights from Food Enzymes Market:

3 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Carbohydrases will acquire a major share in the industry crossing USD 1.8 billion sales by 2024.  Phytase will exhibit over 7% CAGR till 2024 owing to its benefits in absorption of vital materials including magnesium and calcium, as well as and reduction of phytic acid.  Beverages applications of food enzymes market are likely to dominate the industry, registering over 50 kilotons demand by 2024.  North America is expected to capture highest share in the global food enzymes market and witness over 6.1% CAGR up to 2024.  Asia Pacific food enzymes market will grow rapidly, witnessing over 7.5% CAGR from 2017 to 2024.  Royal DSM, Danisco, BASF, Lumis, Aumgene Biosciences, Enmex, Advanced Enzymes, and AB Group are among the noticeable participants in the food enzymes market. Continued...

4 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com North America Proteases Enzymes Market, By Application, 2016 & 2024, (Kilo tons)

5 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Browse Full Market Research Report On Food Enzymes Market @ http://bit.do/edXZu http://bit.do/edXZu Request for a Sample of this Research Report @ https://www.gminsights.com/request-sample/detail/2477 https://www.gminsights.com/request-sample/detail/2477 https://www.gminsights.com/request-sample/detail/49

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