Market Share of Food Enzymes Industry
The global food enzyme market is highly fragmented in nature, attributed to a large number of players involved in the market. Active companies are involved in new product development, expansion, and acquisition to sustain the market competition. Some major players are expanding their global presence by acquiring manufacturers in foreign countries. The major players in the market include Novozymes A/S, International Flavors & Fragrances Inc., Koninklijke DSM N.V., Advanced Enzyme Technologies Limited, and Associated British Foods plc. Focus on bakery enzymes for gluten-free products, digestive enzymes for dietary supplements, and dairy enzymes are the key focus areas of the company's new product development
Food Enzymes Market Leaders
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Koninklijke DSM N.V.
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Novozymes A/S
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Advanced Enzyme Technologies Limited
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International Flavors & Fragrances Inc.
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Associated British Foods plc
*Disclaimer: Major Players sorted in no particular order