Global Food Carbohydrase Market By Application, Size, Share, And Forecast 2024-2032

Food Carbohydrase Market Size And Forecast

Food Carbohydrase Market size was valued at USD 2.83 Billion in 2024 and is projected to reach USD 4.7 Billion by 2031, growing at a CAGR of 6.3% during the forecast period 2024-2031.

Usage of food carbohydrate enzymes in a rapidly growing food & beverage industry, growth of the global pharmaceutical industry, and rising demand for food carbohydrase in various applications are expected to drive the market over the predicted years. The Global Food Carbohydrase Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Food Carbohydrase Market Definition

Food carbohydrate is an enzyme that catalyzes the breakdown of carbohydrates into sugar. They play a very important role in breaking insoluble & large food components into soluble & small molecules that are essential in the human digestive system. The digestive tract can easily absorb these small soluble molecules. Food carbohydrate is classified based on the product including Amylase, Cellulase, Lactase, Pectinase, and Others. They are used in various applications such as Beverages, Processed foods, Dairy products, Bakery products, Confectionery Products, and Others.

Global Food Carbohydrase Market Overview

Usage of food carbohydrate enzymes in a rapidly growing food & beverage industry is expected to drive the market over the predicted years. Also, the rising demand for food carbohydrase in applications such as bakery & confectionery, dairy products, and processed food expects a boost to the market in the coming years. Additionally, technological advancements in enzyme engineering and the growth of the global pharmaceutical industry are predicted to fuel the Food Carbohydrase Market during the forecasted years. There are certain restraints and challenges faced which can hinder market growth. Factors such as higher production cost and inefficiency in terms of action at a high pH are likely to act as market restraints.

Global Food Carbohydrase Market: Segmentation Analysis

The Global Food Carbohydrase Market is segmented on the basis of Product, Application, And Geography.

Food Carbohydrase Market, By Product

• Amylase• Cellulase• Lactase• Pectinase• Others

Based on Product, The market is bifurcated into Amylase, Cellulase, Lactase, Pectinase, and Others. The Lactase segment is expected to hold the largest market share. The factors can be attributed to the growing population suffering from lactose intolerance all over the globe.

Food Carbohydrase Market, By Application

• Beverages• Processed foods• Dairy products• Bakery products• Confectionery products• Others

Based on Application, The market is bifurcated into Beverages, Processed foods, Dairy products, Bakery products, Confectionery products, and Others. The Bakery products segment is anticipated to have the highest CAGR in the forecasted period due to an upsurge in the consumption of Bakery products.

Food Carbohydrase Market, By Geography

• North America• Europe• Asia Pacific• Rest of the world

On the basis of Regional Analysis, The Global Food Carbohydrase Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. The largest share in the market will be dominated by North America and the Asia Pacific owing to increasing per capita expenditure, an upsurge in the demand for processed food, and rising applications of food carbohydrates in bakeries and confectionery in these regions.

Key Players

The “Global Food Carbohydrase Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Dowdupont, Associated British Foods (ABF), DSM, Novozymes, Chr. Hansen, Kerry Group, Jiangsu Boli Bioproducts, Biocatalysts, Puratos Group, Advanced Enzyme Technologies, Amano Enzyme, Enzyme Development, Amex, Aumgene Biosciences, Brenntag. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally. 

Key Developments

Partnerships, Collaborations and Agreements

• In December 2021, Novozymes, a global leader in biological solutions entered into a partnership agreement with Saipem, advanced technology and engineering platform for suitable and sustainable complex structure plants, the formation of innovative solutions for enzymatic carbon capture. Saipem has a technology that can capture enzyme base CO2 and as a part of this agreement will be responsible for providing process, mechanical, and equipment design.

Product Launches and Product Expansions

• In October 2021, Novozymes, a global leader in biological solutions launched Innova Quantum which is an addition to its powerful Innova Yeast Platform, this new innovative form of yeast will allow ethanol plants with longer fermentation times for higher ethanol yields and greater processing efficiencies ever before. Innova Quantum is the highly specialized yeast available and has set a new benchmark for the highest yield.

Mergers and Acquisitions

• In November 2021, Novoenzymes acquire Snergia Life, the leader in developing and manufacturing of probiotics and vitamin K2-7, to strengthen and boost its bio health business. The vitamin K2-7 portfolio will be strong and complement the growth of Novozymes Bio health platform.

• In January 2022, The Puratos Group acquired THT, a Belgium supplier of probiotics in bulk or as finished products. THT has worked with more than 30 probiotic stains and has more than 30 finished products and is active in more than 30 countries, with this acquisition Puratos has shown its commitment towards the improved health and well-being of people.

Report Scope

Research Methodology of Market Research:

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Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

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