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“The Global Fruits Vegetables Processing Enzymes Market was valued around US$ 38.4 Bn by 2018 and growing at a significant CAGR of 7.2% over next seven years 2019-2025 due to growing demand for convenience foods”

The global fruits vegetables processing enzymes market accounted for US$ 38.4 Bn in 2018 and burgeoning over the forthcoming years. Some of the key factors influencing the market growth include growth in demand for convenience foods, high specificity of enzymes in biochemical reactions, surge in awareness regarding healthy drinks and growing demand for processed juices and canned juices. However, barriers in the brewing industry, high R&D costs and strict regulations regarding food enzymes are some factors hampering the market. Further, high growth in emerging economies provides huge growth opportunity for the market growth.

Global fruits vegetables processing enzymes market segmented on the basis of source, type of enzyme, form, product and region.

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Pectinase dominate the Global Fruits Vegetables Processing Enzymes Market

Based on type of enzyme, global fruits vegetables processing enzymes market is segmented into Pectinase, Cellulases and hemicellulases, Amylase, Proteases, Lactases, Carbohydrase, Lipases and Others. Pectinase held considerable market growth during estimated period. Pectinase is a collective term that refers to a group of enzymes that degrade pectic substances in the cell wall of higher plants. Pectinases are present in fruits of plants where they play a natural role in the ripening process; but microbial sources are used for large-scale production, due to their ease of multiplication and maintenance, under controlled conditions. Pectinases have been used in various processes, such as plant fiber processing, tea and coffee fermentation, treatment of industrial wastewater, and so forth.

North America Leads the Global Fruits Vegetables Processing Enzymes market 

PBI’s global fruits vegetables processing enzymes market report analyses the market in different regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. According to regional analysis. North America accounted for larger revenue share in global fruits vegetables processing enzymes market with considerable CAGR. The growth in this region is due to wide range of applications in the food & beverage sector, increasing awareness regarding health benefits of fruit & vegetable processing enzymes and growing investments by manufactures in the region. Asia Pacific held substantial market share during estimated period owing to rising demand from emerging countries like India and China as there is a industrial growth for food & beverages. There is a huge investment opportunity for the manufacturers in the region. 

Strategic New Product Launches are the Key Strategies Adopted by Market Players 

Global fruits vegetables processing enzymes market further reveals that the key players increasingly adopting strategies such as launch of newer products, frequent product approvals, and long term alliance to improve market revenue share and gaining significant geographic presence across the region. For Instance, In July 2014, DSM launched new enzyme for production of industrial berry juice.

Key player’s profiles in the report are Associated British Foods Plc (U.K.), Novozymes A/S (Denmark), E. I. du Pont de Nemours and Company (U.S.), Group Soufflet (France)., and Koninklijke DSM N.V. (The Netherlands).

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Precision Business Insights (PBI) in its report titled “Global Fruits Vegetables Processing Enzymes Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2014-2018 and Forecast 2019-2025” assesses the market performance over seven years forecast period over 2019-2025. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period. Moreover, the report also includes the total revenue and volume for the market.

Detailed Segmentation 

By Source           

Fungi
Yeast
Bacteria 

By Type of Enzyme         

Pectinase
Cellulases and hemicellulases
Amylase
Proteases
Lactases
Carbohydrase
Lipases
Others 

By Form              

Powder
Semi-solid
Liquid 

By Product         

Juices
Wine
Ketchups
Pickles
Jellies

By Geography

North America

US
Canada

Europe

Germany
France
UK
Italy
Spain
Russia
Poland
Rest of Europe

Asia-Pacific

Japan
China
India
Australia & New Zealand
ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
South Korea
Rest of Asia-Pacific

Latin America

Brazil
Mexico
Argentina
Rest of Latin America

Middle East and Africa (MEA)

Gulf Cooperation Council (GCC) Countries
Israel
South Africa
Rest of MEA

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