India Food Enzymes Market
India Food Enzymes Market, By Type (Carbohydrases, Lipases, Proteases, Others); By Application (Bakery, Beverages, Confectionery, Dairy and Frozen Desserts, Meat Poultry and Sea Food Products, Others); By Source (Animals, Microorganisms, Plants); By Region (North India, Central and West India, South India, East India), Trend Analysis, Competitive Landscape & Forecast, 2018–2028
- Published Date: October 2022
- Report ID: BWC22431
- Available Format: PDF
- Page: 114
Report Overview
Rapidly increasing demand for processed foods, food industry's extensive use of enzymes, advancements in food technology, and the public's growing awareness of higher-quality goods are expected to drive India food enzymes market growth during the forecast period between 2022 and 2028.
India Food Enzymes Market - Industry Trends & Forecast Report, 2028
India Food Enzymes Market is expected to grow at a CAGR of 5.7% during the forecast period (2022–2028). Main drivers of the market's expansion are a booming food processing sector and rising consumer interest in nutritional goods. Demand for nutrient-dense, high-quality foods and beverages is rising. Consumer shift toward natural, organic, and chemical-free foods has also increased the uptake of food enzymes. Additionally, the market growth is being aided by the rising demand for frozen and processed food products. Due to their changing lifestyles and hectic schedules, consumers are increasingly choosing convenience and on-the-go food products. The use of food enzymes in the beverages industry has also increased as beverage consumption, including alcoholic and non-alcoholic beverages, has increased. Fruit and vegetable juices are extracted using a variety of food enzymes. They are used in the wine industry for the purposes of clarification, filtration, and boosting juice yield. In addition, extensive research and development (R&D) projects aimed at reducing waste and improving food security and safety are driving the expansion of India food enzymes market.
Food Enzymes - Overview
Food enzymes are biocatalysts used to convert complex nutrients, such as proteins, carbohydrates, fats, and vitamins into simpler ones. Protease, amylase, and lipase enzymes are also used to preserve, coagulate, and tenderize dairy, bakery, and beverage products. They are mainly produced using plants, animals, and microbes like yeast through the fermentation process, which helps to improve the flavor, texture, and fragrance of the products. These sources help in improving food's nutritional value and create appealing aromas in a variety of edible products.
India Food Enzymes Market Forecast and Trends
Growth Drivers
Growing demand for processed food
Due to changing consumer lifestyles and a significant impact on the consumption of convenience foods, the processed food market has seen a significant increase in recent years. Additionally, consumers want a variety of tastes in their food as well as products that are healthy. As a result, many players are marketing a number of processed foods that are high in calcium, fiber, and protein as they are thought to be suitable for diabetics. These products' functional qualities include being free of gluten, cholesterol, GMOs, and sodium.
High demand for enzymes from bakery industry
The bakery industry has the most enzyme applications in India, and its market is expected to grow over the forecast period. Furthermore, due to restrictions on the use of chemical additives, particularly in the manufacture of bread and other fermented products, enzymes have assumed an even more significant role in baking in recent years. The bakery enzyme for gluten-free products is companies’ main focus for new product development. Food enzyme manufacturers expect an increased demand for enzymes from food manufacturers to maintain the freshness, safety, taste, appearance, and texture of processed foods. While some enzymes act as anti-staling agents in bread and cakes and lengthen the shelf life of the product, others, like asparaginase, aid in lowering the toxic acrylamide content in bakery products. As a result, the rising demand for enzyme applications has consistently been aided by the increasing demand for bakery goods.
Increasing awareness about food’s nutritional value
Knowledge of nutrient-dense foods is increasing quickly, due to the availability of information on Internet. Deepening penetration of mobile internet due to increasing use of smartphones has enabled users to gain knowledge on the nutritional values of foods they consume. Governments’ efforts to educate rural population about nutrition, the rise in the number of educated people and working women, and the lack of time for food preparation have all contributed to the demand for nutrient-dense food. The introduction of new food categories, exposure to western products, and an increase in nuclear families coincide with an increase in population in Asian countries including India, which increases the demand for nutrient-dense foods. All of these factors contribute to the increase in demand for food enzymes from producers of nutrient-dense food products because these products have high nutritional value and aid in both food digestion and the breakdown of consumed food into essential proteins, fats, and carbohydrates for optimum nutrition. Additionally, population is constantly shifting toward food categories with more value-added ingredients, and their pursuit of health and wellness is having a significant impact on food’s nutritional values. It results in consumers’ growing preference for nutrient-dense, healthy food. This, in turn, drives food processors to produce more of it. This growing trend is expected to fuel the growth of India food enzymes market.
Restraints
Effects of temperature and pH on enzymes
Food enzyme activity is significantly influenced by local environmental factors. Reaction rate is drastically reduced when the temperature is lowered, but the food enzyme is rendered inactive by thermal agitation because it is denatured (its structure is damaged). Activity of the food enzyme is also decreased when the pH is changed outside of its functional range, and this can eventually result in permanent denaturation. There is still a long way to go before using enzymes in all food and beverage manufacturing processes, despite the food enzyme industry's efforts to create enzymes that can function in a wide temperature and pH range.
Impact of COVID-19 on India Food Enzymes Market
Due to the COVID-19 outbreak, the supply chain was disrupted by the nationwide lockdown and ongoing restrictions, which presented difficulties for producers in the food enzymes market. The market is being driven by fierce competition, pricing issues, and changing consumer preferences. As food enzymes are used in a variety of industries, such as brewing, fruit juice, and cheese production, India food enzymes market is expanding amid COVID-19 pandemic. The need to ensure food security and safety is driving the demand for packaged and processed foods. However, to maintain nutritional value and shelf life, food additives must be added due to the complexity of the food supply chain. In addition, India food enzymes market is being driven by the growing presence of organized retail in both urban and rural areas across the country.
India Food Enzymes Market - By Type
Based on type, India food enzymes market is segmented into Carbohydrases, Lipases, Proteases, and Others. Carbohydrase held the highest share in India food enzymes market. They are further subdivided into amylase, cellulase, lactase, pectinase, hemicellulase, and other enzymes like galactosidase and glucomylases. Carbohydrase's high market share is primarily due to increased applications in the beverage and dairy industries, as well as technological advances. However, lipase is expected to grow at the fastest CAGR during the forecast period due to its low extraction cost, growing demand from dairy manufacturers, ease of handling, and favorable properties, such as high temperature and solvent stability, wide pH range, and broad substrate tolerance.
India Food Enzymes Market – By Application
Based on application, India food enzymes market is segmented into Bakery, Beverages, Confectionery, Dairy and Frozen Desserts, Meat Poultry and Sea Food Products, and Others. The dairy and frozen desserts application segment is expected to grow at the fastest, as food enzymes are used in dairy fermented products as well as the process of converting milk to lactic acid and coagulated milk to curd. Amylase, lipase, and protease are important food enzymes for dairy and frozen desserts as they help to degrade milk into monomeric molecules, such as oligosaccharides, amino acids, and fatty acids, which are the main molecules responsible for cheese flavors. Also, rising milk output, increasing trend of eating healthier food products, increased health awareness, and a growing lactose-intolerant population influence the dairy segment to grow fastest during the forecast period.
India Food Enzymes Market - By Region
Geographically, India food enzymes market is segmented into North India, Central and West India, South India, and East India.
Competitive Landscape
Leading players in India food enzymes market include Advanced Enzyme Technologies, Anthem Cellutions Ltd., Koninklijke DSM NV, Lumis Enzymes, Maps Enzymes Ltd., and Novozymes AS. India food enzymes market is highly fragmented with the presence of several manufacturing companies. The market leaders retain their supremacy by spending on research and development, incorporating innovative technology into their goods, and releasing upgraded items for customers. These companies follow various strategies, including strategic alliances, agreements, mergers, and partnerships, to expand their reach in India food enzymes market.
Scope of the Report
Attributes |
Details |
Years Considered |
Historical data – 2018–2021 |
Base Year – 2021 |
|
Estimated Year - 2022 |
|
Forecast – 2022–2028 |
|
Facts Covered |
Revenue in USD Million |
Product/ Service Segmentation |
Type, Application, Source, Region |
Key Players |
Advanced Enzyme Technologies, Anthem Cellutions Ltd., Koninklijke DSM NV, Lumis, Maps Enzymes Ltd., Novozymes AS |
By Type
- Carbohydrases
- Lipases
- Proteases
- Others
By Application
- Bakery
- Beverages
- Confectionery
- Dairy and Frozen Desserts
- Meat Poultry and Sea Food Products
- Others
By Source
- Animals
- Microorganisms
- Plants
By Region
- North India
- Central and West India
- South India
- East India
- Research Framework
- Research Objective
- Market Overview
- Market Segmentation
- Executive Summary
- India Food Enzymes Market Insights
- Industry Value Chain Analysis
- DROC Analysis
- Growth Drivers
- Demand for high-performance, environmentally friendly manufacturing processes
- Growing demand for processed foods
- Innovative developments in biotechnology
- Restraints
- Effects of temperature and pH on enzymes
- Excessive costs associated with research and development activities
- Opportunities
- Increasing involvement of enzymes in protein engineering
- Increased awareness of nutritional needs
- India rising to become mass consumer of nutritional products
- Challenges
- Shortages due to increased demand for commercial vehicle tire
- Involvement of enzymes in protein engineering
- Growth Drivers
- Technology Advancements/Recent Developments
- Regulatory Framework
- Porter’s Five Forces Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of New Entrants
- Threat of Substitutes
- Intensity of Rivalry
- India Food Enzymes Market Overview
- Market Size & Forecast, by Value, 2018–2028
- By Value (USD Billion)
- Market Share & Forecast
- By Type
- Carbohydrases
- Lipases
- Proteases
- Others
- By Application
- Bakery
- Beverages
- Confectionery
- Dairy and Frozen Desserts
- Meat Poultry and Sea Food Products
- Others
- By Source
- Animals
- Microorganisms
- Plants
- By Region
- North India
- Central and West India
- South India
- East India
- By Type
- Market Size & Forecast, by Value, 2018–2028
- North India Food Enzymes Market Overview
- Market Size & Forecast, by Value, 2018–2028
- By Value (USD Billion)
- Market Share & Forecast
- By Type
- By Application
- By Source
- Market Size & Forecast, by Value, 2018–2028
- Central & West India Food Enzymes Market Overview
- Market Size & Forecast, by Value, 2018–2028
- By Value (USD Billion)
- Market Share & Forecast
- By Type
- By Application
- By Source
- Market Size & Forecast, by Value, 2018–2028
- South India Food Enzymes Market Overview
- Market Size & Forecast, by Value, 2018–2028
- By Value (USD Billion)
- Market Share & Forecast
- By Type
- By Application
- By Source
- Market Size & Forecast, by Value, 2018–2028
- East India Food Enzymes Market Overview
- Market Size & Forecast, by Value, 2018–2028
- By Value (USD Billion)
- Market Share & Forecast
- By Type
- By Application
- By Source
- Market Size & Forecast, by Value, 2018–2028
- Competitive Landscape
- List of Key Players and Their Offerings
- India Food Enzymes Company Market Share Analysis, 2021
- Competitive Benchmarking, By Operating Parameters
- Key Strategic Developments (Mergers, Acquisitions, Partnerships, and others)
- Impact of Covid-19 on India Food Enzymes Market
- Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT)
- Advanced Enzyme Technologies
- Anthem Cellutions Ltd.
- Koninklijke DSM NV
- Lumis
- Maps Enzymes Ltd.
- Novozymes AS
- Other Prominent Players
- Key Strategic Recommendations
- Research Methodology
- Qualitative Research
- Primary & Secondary Research
- Quantitative Research
- Market Breakdown & Data Triangulation
- Secondary Research
- Primary Research
- Breakdown of Primary Research Respondents, By Region
- Assumptions & Limitations
- Qualitative Research
*Financial information in case of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.
List Of Figures
Figure 1 India Food Enzymes Market Segmentation
Figure 2 India Food Enzymes Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2021
Figure 4 India Food Enzymes Market Size, By Value (USD Million), 2018-2028
Figure 5 India Food Enzymes Market Share, By Type, By Value, 2018-2028
Figure 6 India Food Enzymes Market Share, By Application, By Value, 2018-2028
Figure 7 India Food Enzymes Market Share, By Source, By Value, 2018-2028
Figure 8 India Food Enzymes Market Share, By Region, By Value, 2018-2028
Figure 8 North India Food Enzymes Market Size, By Value (USD Million), 2018-2028
Figure 9 North India Food Enzymes Market Share, By Type, By Value, 2018-2028
Figure 10 North India Food Enzymes Market Share, By Application, By Value, 2018-2028
Figure 11 North India Food Enzymes Market Share, By Source, By Value, 2018-2028
Figure 12 Central and West India Food Enzymes Market Size, By Value (USD Million), 2018-2028
Figure 13 Central and West India Food Enzymes Market Share, By Type, By Value, 2018-2028
Figure 14 Central and West India Food Enzymes Market Share, By Application, By Value, 2018-2028
Figure 15 Central and West India Food Enzymes Market Share, By Source, By Value, 2018-2028
Figure 16 South India Food Enzymes Market Size, By Value (USD Million), 2018-2028
Figure 17 South India Food Enzymes Market Share, By Type, By Value, 2018-2028
Figure 18 South India Food Enzymes Market Share, By Application, By Value, 2018-2028
Figure 19 South India Food Enzymes Market Share, By Source, By Value, 2018-2028
Figure 20 East India Food Enzymes Market Size, By Value (USD Million), 2018-2028
Figure 21 East India Food Enzymes Market Share, By Type, By Value, 2018-2028
Figure 22 East India Food Enzymes Market Share, By Application, By Value, 2018-2028
Figure 23 East India Food Enzymes Market Share, By Source, By Value, 2018-2028
List Of Tables
Table 1 India Food Enzymes Market Size, By Type, By Value, 2018-2028
Table 2 India Food Enzymes Market Size, By Application, By Value, 2018-2028
Table 3 India Food Enzymes Market Size, By Source, By Value, 2018-2028
Table 4 India Food Enzymes Market Size, By Type, By Value, 2018-2028
Table 5 India Food Enzymes Market Size, By Application, By Value, 2018-2028
Table 6 India Food Enzymes Market Size, By Source, By Value, 2018-2028
Table 7 India Food Enzymes Market Size, By Region, By Value, 2018-2028
Table 8 North India Food Enzymes Market Size, By Type, By Value, 2018-2028
Table 9 North India Food Enzymes Market Size, By Application, By Value, 2018-2028
Table 10 North India Food Enzymes Market Size, By Source, By Value, 2018-2028
Table 11 Central and West India Food Enzymes Market Size, By Type, By Value, 2018-2028
Table 12 Central and West India Food Enzymes Market Size, By Application, By Value, 2018-2028
Table 13 Central and West India Food Enzymes Market Size, By Source, By Value, 2018-2028
Table 14 South India Food Enzymes Market Size, By Type, By Value, 2018-2028
Table 15 South India Food Enzymes Market Size, By Application, By Value, 2018-2028
Table 16 South India Food Enzymes Market Size, By Source, By Value, 2018-2028
Table 17 East India Food Enzymes Market Size, By Type, By Value, 2018-2028
Table 18 East India Food Enzymes Market Size, By Application, By Value, 2018-2028
Table 19 East India Food Enzymes Market Size, By Source, By Value, 2018-2028
Table 20 Advanced Enzyme Technologies Company Overview
Table 21 Advanced Enzyme Technologies Financial Overview
Table 22 Anthem Cellutions Ltd. Company Overview
Table 23 Anthem Cellutions Ltd. Financial Overview
Table 24 Koninklijke DSM NV Company Overview
Table 25 Koninklijke DSM NV Financial Overview
Table 26 Lumis Company Overview
Table 27 Lumis Financial Overview
Table 28 Maps Enzymes Ltd. Company Overview
Table 29 Maps Enzymes Ltd. Financial Overview
Table 30 Novozymes AS Company Overview
Table 31 Novozymes AS Financial Overview
Market Segmentation
By Type
- Carbohydrases
- Lipases
- Proteases
- Others
By Application
- Bakery
- Beverages
- Confectionery
- Dairy and Frozen Desserts
- Meat Poultry and Sea Food Products
- Others
By Source
- Animals
- Microorganisms
- Plants
By Region
- North India
- Central and West India
- South India
- East India
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