India Food Enzymes Market 2023: Size, Share, Demand, Growth Factors, Regional Analysis and Forecast to 2028

According to IMARC Group’s latest report, titled “India Food Enzymes Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, The India food enzymes market size reached US$ 385.6 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 591.7 Million by 2028, exhibiting a growth rate (CAGR) of 7.3% during 2023-2028.

Food enzymes are natural proteins that act as catalysts to help break down complex food molecules into simpler ones. They are commonly used in the food industry to enhance the quality of food products, improve their texture, flavor, and nutritional value, and increase their shelf life. Some of the common food enzymes include amylase, which breaks down starches into simple sugars, protease, which breaks down proteins, and lipase, which breaks down fats. Food enzymes can be sourced from plant, animal, or microbial sources and can be added to food products during processing or naturally occur in some raw foods.

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India Food Enzymes Market Trends:

The increasing demand for processed food products represents one of the key factors driving the market growth across the country. Apart from this, the rising demand for bakery, dairy, and meat products is facilitating the growth of the market in India. The market is also being driven by the steadily expanding food and beverage (F&B) in the country, the increasing popularity of convenience foods, and the rising demand for food products with high nutritional content. Other factors, such as extensive research and development (R&D) activities and significant technological innovations, are creating a positive outlook for the market further across the country.

India Food Enzymes Market 2023-2028 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the India food enzymes market has been studied in the report with the detailed profiles of the key players operating in the market.

Key Market Segmentation:

The report has segmented the India food enzymes market on the basis of type, source, formulation, application and region.

Breakup by Type:

• Carbohydrase
  • Amylase
  • Cellulase
  • Lactase
  • Pectinase
  • Others
• Protease
• Lipase
• Others

Breakup by Source:

• Microorganisms
• Bacteria
• Fungi
• Plants
• Animals

Breakup by Formulation:

• Powder
• Liquid
• Others

Breakup by Application:

• Beverages
• Processed Foods
• Dairy Products
• Bakery Products
• Confectionery Products
• Others

Breakup by Region:

• North India
• West and Central India
• South India
• East India

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Key Highlights of the Report:

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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