Europe Food Enzymes Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Europe Food Enzymes Market is segmented By Application into bakery, dairy and frozen products, oils and fats, confectionery, meat poultry and seafood, beverages and others and Geography.

Europe Food Enzymes Market Size

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Europe Food Enzymes Market Size
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 8.10 %
Market Concentration High

Major Players

Europe Food Enzymes Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Europe Food Enzymes Market Analysis

Europe Food Enzymes Market is forecasted to grow at a CAGR of 8.1% during the forecast period.

  • The genetically modified enzymes are usually associated with health effects; in the long-term, this has resulted in a setback for the growth of the industry. However, as the food safety authorities are issuing standards for enzyme consumption, the consumers have started accepting the products treated with GM enzymes.
  • The demand for processed and packaged foods is growing with the need to provide food security and safety. However, due to complexities in the global food supply chain, there is a need to add food additives to keep intact the nutritional content and maintain the shelf life. Food enzymes are major food additives that convert complex molecules into simpler ones in our diet.

Europe Food Enzymes Market Trends

This section covers the major market trends shaping the Europe Food Enzymes Market according to our research experts:

Germany has the Largest Market Share

The German national diet is very diverse and is one of Europe’s largest food and beverage markets. Increasing health awareness, an aging population, and the resulting demand for health and wellness products are driving the market for food enzymes in Germany. The German food enzyme market s expected to grow to USD 136.6 million by 2020.

Europe Food Enzymes Market Share

Bakery has the Highest Usage of Enzymes among all the Applications

Europe's enzymes market value is increasing rapidly because of the increasing population and the consequent increasing consumption of processed foods. Enzymes are an important ingredient used in most bakery products. Recently enzymes have assumed an even greater role in baking, due to the restrictions on the use of chemical additives, especially in the manufacture of bread and other fermented products. The application of enzymes in dairy technology is well established. Rennets are used for proteases of various kinds, for acceleration of cheese ripening and for modification of functional properties.

Europe Food Enzymes Market Growth

Europe Food Enzymes Industry Overview

Some of the major players in the market are DuPont, Kerry Inc. MetGen, AST Enzymes and AB Enzymes. The market sees opportunities for growth in emerging and developed nations as food enzymes reduce water, energy and wastage costs. The market needs amendments to develop a set of guidelines to regulate the market.

Europe Food Enzymes Market Leaders

  1. DuPont

  2. Kerry Inc.

  3. MetGen

  4. AST Enzymes

  5. AB Enzymes

*Disclaimer: Major Players sorted in no particular order

 DuPont, Kerry Inc. MetGen, AST Enzymes and AB Enzymes.
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Europe Food Enzymes Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Deliverables
  • 1.2 Study Assumptions
  • 1.3 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

  • 3.1 Market Overview

4. MARKET DYNAMICS

  • 4.1 Market Drivers
  • 4.2 Market Restraints
  • 4.3 Porter's Five Forces Analysis
    • 4.3.1 Threat of New Entrants
    • 4.3.2 Bargaining Power of Buyers/Consumers
    • 4.3.3 Bargaining Power of Suppliers
    • 4.3.4 Threat of Substitute Products
    • 4.3.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 By Application
    • 5.1.1 Bakery
    • 5.1.2 Dairy and Frozen Products
    • 5.1.3 Oils and Fats
    • 5.1.4 Confectionery
    • 5.1.5 Beverages
    • 5.1.6 Meat Poultry and Seafood Products
    • 5.1.7 Others
  • 5.2 Geography
    • 5.2.1 Europe
    • 5.2.1.1 Germany
    • 5.2.1.2 United Kingdom
    • 5.2.1.3 Italy
    • 5.2.1.4 Spain
    • 5.2.1.5 France
    • 5.2.1.6 Russia
    • 5.2.1.7 Rest of Europe

6. COMPETITIVE LANDSCAPE

  • 6.1 Most Active Companies
  • 6.2 Most Adopted Strategies
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles
    • 6.4.1 DuPont
    • 6.4.2 Kerry Inc.
    • 6.4.3 MetGen
    • 6.4.4 AST Enzymes
    • 6.4.5 AB Enzymes
    • 6.4.6 Cargill Inc.
    • 6.4.7 Chr. Hansen Holding A/S
    • 6.4.8 Novozymes
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Europe Food Enzymes Industry Segmentation

Europe Food Enzymes Market is segmented by Application into bakery, dairy and frozen products, oils and fats, confectionery, meat poultry and seafood, beverages, and others. The market is also segmented by Geography.

By Application Bakery
Dairy and Frozen Products
Oils and Fats
Confectionery
Beverages
Meat Poultry and Seafood Products
Others
Geography Europe Germany
United Kingdom
Italy
Spain
France
Russia
Rest of Europe
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Europe Food Enzymes Market Research FAQs

The Europe Food Enzymes Market is projected to register a CAGR of 8.10% during the forecast period (2024-2029)

DuPont, Kerry Inc., MetGen, AST Enzymes and AB Enzymes are the major companies operating in the Europe Food Enzymes Market.

The report covers the Europe Food Enzymes Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe Food Enzymes Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Europe Food Enzymes Industry Report

Statistics for the 2024 Europe Food Enzymes market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Europe Food Enzymes analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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Europe Food Enzymes Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)