Market Trends of Spain Food Enzymes Industry
This section covers the major market trends shaping the Spain Food Enzymes Market according to our research experts:
Healthy Food Consumption Drives the Market
In Spain, the demand for healthy eating is increasing at a faster pace, owing to consumer preferences towards a healthy lifestyle for the country is considered one of the most healthy countries in the world. With the growing trend towards sustaining youth, fitness, and health, consumers are increasingly buying healthy and functional foods, leading to the growth of the market. The players of the market study are investing a significant amount to produce new healthy ingredients, including food enzymes. For instance, Spanish player Fitoplancton Marino became the first company to introduce microalgae enzyme TetraSOD® for aging and sports nutrition. Moreover, the demand for healthy food provides the player with a growth opportunity, thus, the Spain market is projected to boost in the forecast period.
Beverage Application Dominates the Market
Sourced from manly microorganisms and plants, specialty enzymes are used in various foods and beverages, especially in brewing, crafting alcohol, etc. All of the main enzymes such as amylases, proteases, glucanase, and cellulase are crucial for the beer production process. The role of α-and β-amylase is vital in the process of malting and mashing of barley. Also, it has a significant role in increasing the sugar yield for fermentation. The Spanish Brewing market is dominated by the domestic players and they hold over two-third share in the Spanish Beer Market. Thus, owing to the benefits of enzymes and the demand for locally-produced beer, the demand for the food enzymes is high in the brewing industry in the country, which is expected to drive the market in the near future.
