Increasing Requirement for Waste Reduction and Food Security to Fuel Food Enzyme Market

A new market research report by Transparency Market Research, titled ?Food Enzyme Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 ? 2019,? provides a detailed evaluation of the market for food enzymes. An evaluation has been provided for market drivers, opportunities, and restraints impacting the growth of the market. Porter?s five forces model and SWOT analysis have been utilized and strategic developments of major market players have also been included under this research report. The study is a compilation of quantitative and qualitative assessment by top industry players across the value chain. The report also presents the current, projected, and historical market size on the basis of both value and volume. It comprises information about the niche and potential segments within the market along with presenting the current developments and industry trends prevalent in the market.

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As per the report, factors such as the increasing demand for packaged and processed food, increasing requirement for waste reduction and food security, and the rising proliferation of organized retail within urban and rural centers are amongst the chief factors fuelling the market for food enzymes. In addition, the launch of new technologies and the rising awareness among consumers on nutrition-rich diets have also augmented the growth of the global food enzyme market. On the other hand, the soaring costs of research and development and restricted temperature and pH operational conditions are amongst the chief factors restraining the growth of the market for food enzymes.

In terms of type, the market for food enzymes is segmented into protease, carbohydrates, and lipase. These enzymes are majorly utilized in bakery products and confectionaries, meat products, frozen products, dairy, and oil and fats, among others.

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In terms of geography, the global food enzymes market is segmented into North America, Europe, Asia Pacific, and Rest of the World (RoW). Amongst these, North America led the market for food enzymes owing to increasing demand from the U.S. Factors such as the increasing disposable incomes, the increasing demand for convenience foods, and the rising awareness about nutrition-enabled food products have stimulated the food enzymes market in Latin America, Africa, and Asia Pacific. On the other hand, the Europe food enzyme market is poised to experience sluggish growth in the forecast horizon from 2013 to 2019.

The major players operating in the market are Puratos Group NV, Rossari Biotech Limited, Chr. Hansen Holding A/S, Biocatalysts Limited, Jiangsu Boli Bioproducts Co. Ltd, Sunson Industry Group Company Limited, Royal DSM N.V., Amano Enzyme Inc., Lumis Biotech Private Limited, Dyadic International Inc., and AB Enzymes GMBH, among others.

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