United Kingdom Food Enzymes Market Size, Share, and COVID-19 Impact Analysis, By Source (Microbes, Plants, and Animals), By Type (Carbohydrases, Proteases, Lipases, and Others), By Application (Bakery, Dairy, Beverages, Nutraceuticals, and Others), and United Kingdom Food Enzymes Market Insights, Industry Trend, Forecasts to 2033
Industry: Food & BeveragesUnited Kingdom Food Enzymes Market Insights Forecasts to 2033
- The U.K. Food Enzymes Market Size is Growing at a CAGR of 3.65% from 2023 to 2033
- The U.K. Food Enzymes Market Size is expected to hold a significant share by 2033
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The United Kingdom Food Enzymes Market Size is Anticipated to hold a significant share by 2033, Growing at a CAGR of 3.65% from 2023 to 2033. The growing need for bio-based additives in processed food & beverages and advancement in biotechnology are driving the growth of the food enzymes market in the UK.
Market Overview
Food enzymes market refers to the industry for enzymes that are used in the processing and production of foods, including bakery, dairy, beverages, and others. Enzymes are basically protein molecules that selectively catalyse chemical reactions as a part of essential life processes, including digestion, respiration, and metabolism in organisms. Enzymes have been used for centuries in food production, e.g., for cheese making, beer brewing, and dough leavening. Most of the enzymes used in industrial food processing are obtained by fermentation from microorganisms through more elaborate extraction processes. Advancement in technology including enzyme engineering and the introduction of genetically engineered enzymes are providing growth opportunities in the food industry sector. Benefits of food enzymes and technological innovations for reducing chemical consumption are driving the market. Innovation in technological platforms that provide an opportunity for producing programmable enzymes that can be scaled up to produce large volumes is escalating the market growth opportunity for food enzymes.
Report Coverage
This research report categorizes the market for the UK food enzymes market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the United Kingdom food enzymes market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the UK food enzymes market.
United Kingdom Food Enzymes Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2023 |
Forecast Period: | 2023 – 2033 |
Forecast Period CAGR 2023 – 2033 : | 3.65% |
Historical Data for: | 2019-2022 |
No. of Pages: | 250 |
Tables, Charts & Figures: | 107 |
Segments covered: | By Source, By Type, By Application |
Companies covered:: | Kerry Inc., DuPont, Koninklijke DSM N.V., Amano Enzyme Inc., Chr. Hansen Holding A/S, Associated British Foods plc, and Others |
Pitfalls & Challenges: | COVID-19 Impact Analysis and Forecast 2023 - 2033 |
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Driving Factors
The growing need for bio-based additives in processed food & beverages due to the growing need for sustainability, health, and natural alternatives to synthetic additives is propelling the food enzymes market. The rising need for food enzymes to improve the flavor, texture, and fragrance of the products is primarily driving the market demand. Further, the increasing demand for clean-label products and health consciousness among consumers are contributing to driving the market. In addition, the growing inclination toward natural, organic, and chemical-free food is responsible for market growth.
Restraining Factors
The regulatory uncertainties due to varying definitions for additives and processing aids are challenging the food enzymes market.
Market Segmentation
The United Kingdom Food Enzymes Market share is classified into source, type, and application.
- The microbes segment dominates the market with the largest market share and is expected to grow at a significant CAGR during the projected period.
The United Kingdom food enzymes market is segmented by source into microbes, plants, and animals. Among these, the microbes segment dominates the market with the largest market share and is expected to grow at a significant CAGR during the projected period. Microbial enzymes, being more than plant and animal enzymes, are produced through fermentation techniques, cost effectively, requiring less time, and space. Fungi, bacteria, and yeast are widely used for the biosynthesis of various enzymes for commercial application.
- The carbohydrases segment dominates the UK food enzymes market with the largest market share and is anticipated to grow at a significant CAGR during the projected period.
The United Kingdom food enzymes market is segmented by type into carbohydrases, proteases, lipases, and others. Among these, the carbohydrases segment dominates the UK food enzymes market with the largest market share and is anticipated to grow at a significant CAGR during the projected period. Carbohydrases, which have diverse applications in the food industry, such as the syrup and prebiotics production, function by breaking down complex carbohydrates into simpler sugars. The cost effectiveness, less space and time consumption, and ease in process modification and optimization are propelling the market.
- The bakery segment dominates the UK food enzymes market and is anticipated to grow at a significant CAGR during the projected period.
The United Kingdom food enzymes market is segmented by application into bakery, dairy, beverages, nutraceuticals, and others. Among these, the bakery segment dominates the UK food enzymes market and is anticipated to grow at a significant CAGR during the projected period. In bread manufacturing, enzymes are used for modifying dough rheology, gas retention, and crumb softness, modifying dough rheology in the manufacturing of pastry and biscuits, changing product softness in cake making, and reducing acrylamide formation in bakery products.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the U.K. food enzymes market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Kerry Inc.
- DuPont
- Koninklijke DSM N.V.
- Amano Enzyme Inc.
- Chr. Hansen Holding A/S
- Associated British Foods plc
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
- This study forecasts revenue at U.K., regional, and country levels from 2020 to 2033. Spherical Insights has segmented the United Kingdom Food Enzymes Market based on the below-mentioned segments
UK Food Enzymes Market, By Source
- Microbes
- Plants
- Animals
UK Food Enzymes Market, By Type
- Carbohydrases
- Proteases
- Lipases
- Others
UK Food Enzymes Market, By Application
- Bakery
- Dairy
- Beverages
- Nutraceuticals
- Others
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