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 biocatalysts that help break down nutrients, including proteins, carbohydrates, fats, and vitamins, into simpler forms. They are available in various types, such as protease, amylase, lipase, and cellulase, and can be derived from plant, animal, and microbial sources. They play a crucial role in enhancing the flavor, texture, and aroma of food products and are commonly used in making bakery items, cheese and starch processing, meat tenderizing, and fruit juice production. Food enzymes aid in biochemical reactions, due to which they are specifically used in the food industry for the processing and manufacturing of food products.
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India Food Enzymes Market Trends:
The market for food enzymes in India is experiencing significant growth, driven by the increasing demand for nutrient-rich food and beverages due to changing lifestyles and dietary patterns. Additionally, food and beverage manufacturers are adopting food enzymes to enhance the quality of their products, which, in turn, is boosting the market growth. Furthermore, the widespread product application for fruit and vegetable juice extraction, clarification, and filtration is contributing to the market growth. Apart from this, burgeoning research and development (R&D) activities by poultry producers on protease to improve protein digestion and the advent of innovative techniques to naturally synthesize food enzymes are propelling the market growth in 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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This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.
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.
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