According to IMARC Group’s latest report, titled “India Food Enzymes Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, The India food enzymes market size reached US$ 355.0 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 552.8 Million by 2027, exhibiting a growth rate (CAGR) of 7.57% during 2022-2027.
Food enzymes refer to biocatalysts that aid in the breakdown of nutrients, including proteins, carbohydrates, fats, vitamins, etc., into simpler forms. They are commonly available in the form of protease, amylase, lipase, cellulase, etc. Food enzymes are generally manufactured by using plant, animal, and microbial-sourced ingredients. They also assist in improving the flavor, texture, and fragrance of food products.
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India Food Enzymes Market Trends:
The expanding food processing sector and the increasing utilization of these biocatalysts in the preparation of bakery products, cheese and starch processing, meat tenderizing, etc., are among the key factors stimulating the India food enzymes market. Moreover, the growing consumer inclination towards natural, organic, and chemical-free edibles is acting as another significant growth-inducing factor. Besides this, the escalating demand for on-the-go and convenience food items among the working population, on account of their busy lifestyles and hectic schedules, and the development of innovative techniques to synthesize these enzymes naturally are augmenting the market growth. Furthermore, the widespread adoption of alcoholic and non-alcoholic beverages, changing lifestyles, and improving dietary patterns of individuals are also propelling the market growth across the country. Apart from this, the elevating usage of these enzymes for extraction, clarification, and filtration of fruit and vegetable juices is further bolstering the market growth across the country. Additionally, extensive investments in R&D activities for waste reduction and enhancing food security and the rising focus of key market players on protease to improve protein digestion are anticipated to fuel the India food enzymes market over the forecasted period.
India Food Enzymes Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the India food enzymes market has been studied in the report with the detailed profiles of the key players operating in the market.
Key Market Segmentation:
The report has segmented the India food enzymes market on the basis of type, source, formulation, application and region.
Breakup by Type:
- Carbohydrase
- Amylase
- Cellulase
- Lactase
- Pectinase
- Others
- Protease
- Lipase
- Others
Breakup by Source:
- Microorganisms
- Bacteria
- Fungi
- Plants
- Animals
Breakup by Formulation:
- Powder
- Liquid
- Others
Breakup by Application:
- Beverages
- Processed Foods
- Dairy Products
- Bakery Products
- Confectionery Products
- Others
Breakup by Region:
- North India
- West and Central India
- South India
- East India
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Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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