Global Fruit and Vegetable Processing Enzymes Market is projected to grow at a significant rate of 7.1% from 2019 to 2024 to reach a market value of USD 42.3 billion by the end of 2024. The surge in the demand for fruit and beverage products due to the growth of the food & beverage industry in the developing economies, such as India and China have uplifted the Fruit and Vegetable Processing Enzymes market in this region. Further, beverage industries have a high demand for Fruit and Vegetable Processing Enzymes as they enhance the overall nutritional value of the product. However, restricted use of these enzymes due to thermal instability is likely to hamper the market growth over the review period.
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Fruit and Vegetable Processing Enzymes Market Key Players
This report includes a study of strategies such as mergers, acquisitions, and product launches by the major Fruit and Vegetable Processing Enzymes players. It further includes product portfolios, developments of leading players, which includes
Some of the key players profiled in the Global Fruit and Vegetable Enzymes Market E. I. du Pont de Nemours and Company (U.S.), Advanced Enzyme Technologies Ltd. (India), Associated British Foods plc (U.K), Koninklijke DSM N.V. (the Netherlands), Novozymes A/S (Denmark), Groupe Soufflet (France), Jiangsu Boli Bioproducts Co., Ltd. (China), Sunson Industry Group Co Ltd. (China), Biocatalysts Limited (U.K) and Amano Enzyme Inc. (Japan)
Fruit and Vegetable Processing Enzymes Market Key Findings
Fruit and Vegetable Processing Enzymes have a massive opportunity in the beverage industry
Fruit and Vegetable Processing Enzymes Market Segments
Global Fruit and Vegetable Enzymes Market is segmented into type, application, and form.
On the basis of the type, it is segmented into pectinase, amylase, protease, cellulase, and others. Among all, the amylase enzyme segment is dominating the market followed by protease enzyme due to its low cost. Amylase is mainly used in food & beverages industry.
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Fruit and Vegetable Processing Enzymes Market Regional Analysis
Fruit and Vegetable Processing Enzymes Market is segmented into Europe, North America, Asia Pacific, and rest of the world (RoW). The North American region is dominating the market followed by Asia Pacific owing to the increasing demand for fruit and vegetable juices among the developed countries in these regions. Canada, Germany, the U.K, the U.S., and China are the major importers of Fruit and Vegetable Processing Enzymes. Additionally, the major key players are actively involved in the research & developments of the product conforming to North American regulations for the use of Fruit and Vegetable Processing Enzymes.
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