Market Trends of Africa Food Enzymes Industry
This section covers the major market trends shaping the Africa Food Enzymes Market according to our research experts:
Acquisitive Demand of Carbohydrases in Food Industries
Carbohydrases can be classified into amylase, cellulase, xylanase, and pectinase, based on the specific class of carbohydrase that is required to break down the cell walls of different plants, made up of different structural carbohydrates. These facilitate the formation of different types of sugar syrups, such as glucose, fructose, and inverted sugar syrups, prebiotics, and isomaltulose, a substitute for sucrose, to improve the sensory properties of juices and wines and to reduce lactose in milk. Industrial carbohydrase used in the manufacturing of food products helps to increases the energy value of cereals and cereal by-products, improve nutrient release in full-fat vegetable protein seeds and in vegetable protein meals, enhance the digestibility of starch in corn-based diets, and increase the utilization of corn, especially amylase, in dairy diets, thus improving the efficiency of milk production.
Owing to its increasing application in food industries, nowadays, companies have established their own R&D centers to cater to the needs of the industry and thus remain competitive in the market. For instance, enzyme manufacturers of Africa have developed innovative thermostable enzymes, which are free-flowing and result in reduced waste generation as well. These factors have also resulted into the rising imports of enzymes for its usage in food and beverage industries in the country.
South Africa to Hold the Major Share
South Africa has one of the largest and most well-established food enzyme markets in the Africa region. The large demand is attributed to the increased expenditure in premium quality products by the consumers of South Africa, along with the shift in preference for processed foods incorporated with naturally sourced ingredients. Furthermore, the government's support, through enabling policies, has positively impacted the growth of the food enzyme market in the country. Many South African companies have formed associations with international companies, giving South Africa access to the latest technology, expertise, and distribution. For instance, In August 2019, Barentz International, a leading global distributor of a comprehensive portfolio of specialty ingredients (including food enzymes), announced a joint venture with SK Chemtrade Services, to continue its expansion in South Africa.
Moreover, technological innovation and upgradations of the South African-based companies and the global companies having manufacturing facilities in South Africa are the few other key driving factors for market growth in the country. In addition, rapid urbanization coupled with rising living standards are also anticipated to be the drivers for change in consumer taste and preferences in the South Africa.
