Food Enzymes Market Updates

Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to food enzymes market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.

Food Enzymes Market News

To provide animal protein producers with high-performance enzyme solutions, BASF and Cargill extended their collaboration in January 2023. They provide consumers with animal feed with unique value and introducing cutting-edge enzyme-based solutions to the market.
Researchers from The University of Hong Kong (HKU) School of Biological Sciences led by Dr. Clive LO found a new enzyme in sorghum (a type of plant) in July 2023. The enzyme is known as stilbene O-methylase (SbSOMT). The synthesis of O-methylated stilbenes, which are intriguing substances with possible health advantages, is catalyzed by this enzyme.
Nestle revealed a novel technology in July 2023 with the goal of lowering the sugar level of substances used in product development. The use of this cutting-edge technology will help to address the growing worries about the health effects of excessive sugar consumption.

Food Enzymes Market Report Snapshots

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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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Food Enzymes Market Updates

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