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Food Enzymes Market, Global Forecast, Impact of COVID-19, Industry Trends, by Types, Growth, Opportunity Company Analysis

August 2021 | 125 pages | ID: F76DB0DEC41AEN
Renub Research

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Food enzymes are complex constituents that act as catalysers, which increase diversity, variety, and quality during food processing. The enzymes in the food industry are primarily used for preserving and purifying beverages, overcoming ripening time in dairy and meat products, enhancing loaf volume of bread, advancing quality and yield of products, modifying fats, and tenderizing meats. According to the Renub Research Analysis, the Food Enzymes Market was valued at US$ 2.3 Billion in 2020.

The food enzymes are produced from different sources like microorganisms, plants and animals are used in the food industry for broad applications. In addition, by type, the food enzymes market is bifurcated, such as carbohydrates, lipases, and proteases. Innovation has allowed the players to exploit diverse application industries such as bakery products, beverages and dairy products, consequently triggering the opportunities in the Food Enzymes Industry to be progressing at a CAGR of 6.20% through the forecast period 2020-2026.

Furthermore, to develop production means while optimizing costs and ensuring quality, the food industry is constantly looking for new and innovative constituents to obtain the most high-grade quality products. Thus, the growing importance of enzymes in the food industry is fuelling the growth of the food enzymes market.

The report covers a competitive panorama based on an extensive assessment of the industry's key company initiatives adopted by driving market participants (2017-2020). The key players profiled in the Food Enzymes Market are BASF SE, Advanced Enzyme Technologies, Novozymes, DuPont Danisco, DSM and Kerry Group PLC. According to Renub Research, the Global Food Enzymes Market Size is projected to reach US$ 3.3 Billion by 2026.

COVID-19 Impact on Global Food Enzymes Industry

The impact of COVID-19 in the Food Enzymes Market is anticipated to be vital, as the current pandemic has highlighted the consequence of safe, healthy, and nutritious eating. The key companies in the food enzymes market have begun establishing regional production for ingredient sales across the countries. R&D and sales departments and are also optimizing supply chains for the distribution of raw materials.

Amidst the COVID-19 outbreak, food ingredient companies encountered significant challenges in addressing the inflated demand for food enzymes, including changing tastes and preferences. A rapid and unforeseen spike in desire for functional foods during the pandemic ended in manufacturers, suppliers, and retailers struggling to ensure a continued supply of raw materials in the market. Disturbances in the supply chain during the pandemic lockdown across the countries were challenging for the market.

Renub Research latest report “Food Enzymes Market, Global Forecast by Types (Carbohydrase, Lipase, Protease, Others), Source (Microorganism, Plant, Animal), Application (Bakery Products, Beverages, Dairy Products, Others), Region (North America, Europe, Asia Pacific, Middle East and Rest of the World), Company (BASF SE, Advanced Enzyme Technologies, Novozymes, DuPont Danisco, DSM, Kerry Group PLC)' provides a detailed analysis of Food Enzymes Market globally.

By Types market has been covered from 4 viewpoints:

1. Carbohydrase
2. Lipase
3. Protease
4. Others

By Applications has been covered from 4 viewpoints:

1. Bakery Products
2. Beverages
3. Dairy Products
4. Others

By Source market has been covered from 3 viewpoints:

1. Microorganism
2. Plant
3. Animal

By Regions market has been covered from 5 viewpoints:

1. North America
2. Europe
3. Asia -Pacific’s
4. Middle East
5. ROW

Company Insights:
  • Overview
  • Company Initiatives
  • Sales Analysis
Companies Covered:

1. BASF SE
2. Advanced Enzyme Technologies
3. Novozymes
4. DuPont Danisco
5. DSM
6. Kerry Group PLC
1. INTRODUCTION

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

4.1 Growth Drivers
4.2 Challenges

5. SURVEY – UNITED STATES PLANT BASED MEAT MARKET

5.1 Household Age
5.2 Household Education
5.3 Household Ethnicity
5.4 Household Income
5.5 Household Kids
5.6 Factors to Choose Plant Based Meat Products

6. UNITED STATES PLANT BASED MEAT MARKET

7. MARKET SHARE – UNITED STATES PLANT BASED MEAT MARKET

7.1 By Products
7.2 By Products Types
7.3 By Source
7.4 By Storage Technique
7.5 By Distribution (2019)
7.6 By Region

8. PRODUCTS – UNITED STATES PLANT BASED MEAT MARKET

8.1 Burgers
8.2 Sausages
8.3 Patties
8.4 Nuggets Tenders & Cutlets
8.5 Grounds
8.6 Others

9. PRODUCTS TYPES – UNITED STATES PLANT BASED MEAT MARKET

9.1 Textured Vegetable Protein
9.2 Tofu & Tofu Ingredients
9.3 Mycoprotein
9.4 Seitan
9.5 Other Soy Products
9.6 Tempeh
9.7 Others

10. SOURCE – UNITED STATES PLANT BASED MEAT MARKET

10.1 Soy
10.2 Wheat
10.3 Pea
10.4 Others

11. STORAGE TECHNIQUE – UNITED STATES PLANT BASED MEAT MARKET

11.1 Frozen
11.2 Refrigerated
11.3 Self-Stable

12. REGION – UNITED STATES PLANT BASED MEAT MARKET

12.1 West
12.2 North Central
12.3 North East
12.4 South

13. INVESTMENT

14. COMPANY ANALYSIS

14.1 Beyond Meat
  14.1.1 Overview
  14.1.2 Recent Development
  14.1.3 Financial Insight
14.2 Maple Leaf Foods
  14.2.1 Overview
  14.2.2 Recent Development
  14.2.3 Financial Insight
14.3 Gardein Protein International (Pinnacle Foods)
  14.3.1 Overview
  14.3.2 Recent Development
  14.3.3 Financial Insight
14.4 Morningstar Farms (Kellogg Company)
  14.4.1 Overview
  14.4.2 Recent Development
  14.4.3 Financial Insight
14.5 Tyson Foods Inc
  14.5.1 Overview
  14.5.2 Recent Development
  14.5.3 Financial Insight

LIST OF FIGURES:

Figure-01: United States Plant Based Meat Market (Million US$), 2017 – 2020
Figure-02: Forecast for – United States Plant Based Meat Market (Million US$), 2021 – 2027
Figure-03: Products – Burgers Market (Million US$), 2017 – 2020
Figure-04: Products – Forecast for Burgers Market (Million US$), 2021 – 2027
Figure-05: Products – Sausages Market (Million US$), 2017 – 2020
Figure-06: Products – Forecast for Sausages Market (Million US$), 2021 – 2027
Figure-07: Products – Patties Market (Million US$), 2017 – 2020
Figure-08: Products – Forecast for Patties Market (Million US$), 2021 – 2027
Figure-09: Products – Nuggets Tenders & Cutlets Market (Million US$), 2017 – 2020
Figure-10: Products – Forecast for Nuggets Tenders & Cutlets Market (Million US$), 2021 – 2027
Figure-11: Products – Grounds Market (Million US$), 2017 – 2020
Figure-12: Products – Forecast for Grounds Market (Million US$), 2021 – 2027
Figure-13: Products – Others Market (Million US$), 2017 – 2020
Figure-14: Products – Forecast for Others Market (Million US$), 2021 – 2027
Figure-15: Products Types – Textured Vegetable Protein Market (Million US$), 2017 – 2020
Figure-16: Products Types – Forecast for Textured Vegetable Protein Market (Million US$), 2021 – 2020
Figure-17: Products Types – Tofu & Tofu Ingredients Market (Million US$), 2017 – 2020
Figure-18: Products Types – Forecast for Tofu & Tofu Ingredients Market (Million US$), 2021 – 2027
Figure-19: Products Types – Mycoprotein Market (Million US$), 2017 – 2020
Figure-20: Products Types – Forecast for Mycoprotein Market (Million US$), 2021 – 2027
Figure-21: Products Types – Seitan Market (Million US$), 2017 – 2020
Figure-22: Products Types – Forecast for Seitan Market (Million US$), 2021 – 2027
Figure-23: Products Types – Other Soy Products Market (Million US$), 2017 – 2020
Figure-24: Products Types – Forecast for Other Soy Products Market (Million US$), 2021 – 2027
Figure-25: Products Types – Tempeh Market (Million US$), 2017 – 2020
Figure-26: Products Types – Forecast for Tempeh Market (Million US$), 2021 – 2027
Figure-27: Products Types – Others Market (Million US$), 2017 – 2020
Figure-28: Products Types – Forecast for Others Market (Million US$), 2021 – 2027
Figure-29: Source – Soy Plant Based Meat Market (Million US$), 2017 – 2020
Figure-30: Source – Forecast for Soy Plant Based Meat Market (Million US$), 2021 – 2027
Figure-31: Source – Wheat Plant Based Meat Market (Million US$), 2017 – 2020
Figure-32: Source – Forecast for Wheat Plant Based Meat Market (Million US$), 2021 – 2027
Figure-33: Source – Pea Plant Based Meat Market (Million US$), 2017 – 2020
Figure-34: Source – Forecast for Pea Plant Based Meat Market (Million US$), 2021 – 2027
Figure-35: Source – Other Plant Based Meat Market (Million US$), 2017 – 2020
Figure-36: Source – Forecast for Other Plant Based Meat Market (Million US$), 2021 – 2027
Figure-37: Storage Technique – Frozen Plant Based Meat Market (Million US$), 2017 – 2020
Figure-38: Storage Technique – Forecast for Frozen Plant Based Meat Market (Million US$), 2021 – 2027
Figure-39: Storage Technique – Refrigerated Plant Based Meat Market (Million US$), 2017 – 2020
Figure-40: Storage Technique – Forecast for Refrigerated Plant Based Meat Market (Million US$), 2021 – 2027
Figure-41: Storage Technique – Self Stable Plant Based Meat Market (Million US$), 2017 – 2020
Figure-42: Storage Technique – Forecast for Self Stable Plant Based Meat Market (Million US$), 2021 – 2027
Figure-43: West – Plant Based Meat Market (Million US$), 2017 – 2020
Figure-44: West – Forecast for Plant Based Meat Market (Million US$), 2021 – 2027
Figure-45: North Central – Plant Based Meat Market (Million US$), 2017 – 2020
Figure-46: North Central – Forecast for Plant Based Meat Market (Million US$), 2021 – 2027
Figure-47: North East – Plant Based Meat Market (Million US$), 2017 – 2020
Figure-48: North East – Forecast for Plant Based Meat Market (Million US$), 2021 – 2027
Figure-49: South – Plant Based Meat Market (Million US$), 2017 – 2020
Figure-50: South – Forecast for Plant Based Meat Market (Million US$), 2021 – 2027
Figure-51: Beyond Meat – Global Revenue (Million US$), 2017 – 2020
Figure-52: Beyond Meat – Forecast for Global Revenue (Million US$), 2021 – 2027
Figure-53: Maple Leaf Foods – Global Revenue (Billion US$), 2017 – 2020
Figure-54: Maple Leaf Foods – Forecast for Global Revenue (Billion US$), 2021 – 2027
Figure-55: Gardein Protein International (Pinnacle Foods) – Global Revenue (Billion US$), 2017 – 2020
Figure-56: Gardein Protein International (Pinnacle Foods) – Forecast for Global Revenue (Billion US$), 2021 – 2027
Figure-57: Morningstar Farms (Kellogg Company) – Global Revenue (Billion US$), 2017 – 2020
Figure-58: Morningstar Farms (Kellogg Company) – Forecast for Global Revenue (Billion US$), 2021 – 2027
Figure-59: Tyson Foods Inc. – Global Revenue (Billion US$), 2017 – 2020
Figure-60: Tyson Foods Inc. – Forecast for Global Revenue (Billion US$), 2021 – 2027

LIST OF TABLES:

Table-01: United States – Household Age Index
Table-02: United States – Household Education Index
Table-03: United States – Household Ethnicity Index
Table-04: United States – Household Income Index
Table-05: United States – Household Kids Index
Table-06: United States – Factors to Choose Plant Based Meat Products, (Percent)
Table-07: United States – Plant Based Meat Market Share by Product (Percent), 2017 – 2020
Table-08: United States – Forecast for Plant Based Meat Market Share by Product (Percent), 2021 – 2027
Table-09: United States – Plant Based Meat Market Share by Products Types (Percent), 2017 – 2020
Table-10: United States – Forecast for Plant Based Meat Market Share by Products Types (Percent), 2021 – 2027
Table-11: United States – Plant Based Meat Market Share by Source (Percent), 2017 – 2020
Table-12: United States – Forecast for Plant Based Meat Market Share by Source (Percent), 2021 – 2027
Table-13: United States – Plant Based Meat Market Share by Storage Technique (Percent), 2017 – 2020
Table-14: United States – Forecast for Plant Based Meat Market Share by Storage Technique (Percent), 2021 – 2027
Table-15: United States – Plant Based Meat Market Share by Distribution (Percent)
Table-16: United States – Plant Based Meat Market Share by Region (Percent), 2017 – 2020
Table-17: United States – Forecast for Plant Based Meat Market Share by Region (Percent), 2021 – 2027
Table-18: Investment Companies & Invested Capital (Million US$)


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