
Report ID: SQMIG30I2257
Skyquest Technology's expert advisors have carried out comprehensive research on the food enzymes market to identify the major global and regional market trends and growth opportunities for leading players and new entrants in this market. The analysis is based on in-depth primary and secondary research to understand the major market drivers and restraints shaping the future development and growth of the industry.
Increasing demand for Processed Food to bring Growth Opportunities for Players
Availability of Substitutes to Hinder Market Growth
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Food Enzymes Market size was valued at USD 1.96 Billion in 2023 and is poised to grow from USD 2.05 Billion in 2024 to USD 2.99 Billion by 2032, growing at a CAGR of 4.80% during the forecast period (2025-2032).
DSM (Netherlands)', 'Novozymes (Denmark)', 'DuPont (United States)', 'Amano Enzyme Inc. (Japan)', 'Chr. Hansen Holding A/S (Denmark)', 'Kerry Group (Ireland)', 'Jiangsu Boli Bioproducts Co., Ltd. (China)', 'AB Enzymes GmbH (Germany)', 'Specialty Enzymes & Biotechnologies Co. (United States)', 'Biocatalysts Ltd. (United Kingdom)', 'Advanced Enzymes Technologies Ltd. (India)', 'Nagase ChemteX Corporation (Japan)', 'Puratos Group (Belgium)', 'Enmex SA de CV (Mexico)', 'Dyadic International, Inc. (United States)', 'Novact Corporation (Spain)', 'Enzyme Innovation (United States)', 'Megazyme (Ireland)', 'Soufflet Biotechnologies (France)', 'Amicogen, Inc. (South Korea)', 'E.I. Dupont Canada Company (Canada)', 'Lumis Biotech Pvt. Ltd. (India)
The growing demand for processed food products is a key driver of the food enzyme market.
The development of new enzyme technologies, such as immobilized enzymes, microencapsulation, and directed evolution, is expected to improve the efficiency and performance of food enzymes.
In 2022, North America accounted for more than 35% of the global market for food enzymes.
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Report ID: SQMIG30I2257
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