According to the recent study the enzymes in the global food additive market is projected to reach an estimated $3 billion by 2028 from $2.1 billion in 2023, at a CAGR of 7% from 2023 to 2028. Growth in this market is primarily driven by growing trend of natural ingredients and increasing demand for high-quality processed food along with changing consumer preferences.

A more than 150-page report is developed to understand trends, opportunities and forecast in enzymes in the global food additive market by type (carbohydrase, amylase, cellulase, lactase, pectinase, other carbohydrases [proteases, lipases, and polymerase & nuclease]), application (food and beverages), and region (North America, Europe, Asia Pacific, and the Rest of the World).

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“Carbohydrase market is expected to remain the largest segment during the forecast period.”

Based on type, the enzymes in the global food additive market is segmented into carbohydrase, amylase, cellulase, lactase, pectinase, other carbohydrases [proteases, lipases, and polymerase & nuclease]. Lucintel forecasts that the carbohydrase market is expected to remain the largest segment due to its usage in food applications to meet demand of various industries, such as bakery & confectionery, dairy, and processed food.

“Within the enzymes in the global food additive market, the food segment is expected to remain the largest application”

Based on application the food segment is expected to witness the highest growth over the forecast period due to rising application of enzymes in the food & beverage industry.

“Asia pacific will dominate the enzymes in the global food additive market in near future”

APAC region is expected to witness the highest growth during the forecast period due to changing consumer preferences and increasing demand for high-quality processed foods.

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Major players of enzymes in the global food additive market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. DuPont, Associated British Foods, DSM, Novozymes, Kerry Group, Advanced Enzyme Technologies, Amano Enzyme, and CHR. Hansen Holdings are among the major enzymes in the global food additive providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/enzymes-in-food-additive-market.aspx or [email protected]