The global food enzymes market to grow at a CAGR of 7.42% during the period 2016-2020.
Global Food Enzymes Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. To calculate the market size, the report considers a top-down approach in different application segments.
Developments in protein engineering will be a key trend for market growth. Protein engineering refers to the design of new enzymes or proteins with new functions by changing amino acid sequences by employing recombinant DNA technology. Food enzymes are gaining momentum in the manufacture of products in the different application sectors because of their effective catalytic properties. New developments in biotechnology and protein engineering are providing a platform for the efficient development of enzymes with improved properties.
According to the report, one of the key drivers for market growth will be prospects for food enzymes in dairy industry. The production of dairy products such as cheese and lactose-free milk products requires many enzymes. Lipases, lactase, proteases, esterases, and catalase are used significantly in the dairy industry. Proteases such as chymosin are used for coagulating milk proteins for the production of cheese. These enzymes accelerate cheese ripening and aid in the modification of characteristics of cheese such as texture, hardness, and taste.
Further, the report states that the global food enzymes market faces a major challenge because of the stringent rules and regulations, especially in developed regions such as the US and Europe. These regulations pertain to permits, regulations for the entry of new players, residual management issues, and expiry dates for certain food products. The objective of imposing these rules and regulations is to ensure safety and protection for consumers.
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
- DuPont Danisco
Other prominent vendors
- AB Enzymes
- Aum Enzymes
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by product type
Part 07: Market segmentation by application
Part 08: Market segmentation by geography
Part 09: Market drivers
Part 10: Impact of drivers
Part 11: Market challenges
Part 12: Impact of drivers and challenges
Part 13: Market trends
Part 14: Vendor landscape
Part 15: Key vendor analysis
For more information about this report visit http://www.researchandmarkets.com/research/frrfp7/global_food
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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-food-enzymes-market-growth-at-cagr-of-742-2016-2020-despite-stringent-rules-and-regulations-in-developed-regions---research-and-markets-300339817.html
SOURCE Research and Markets