NEW YORK, July 30, 2021 /PRNewswire/ --
Technavio's latest offering, Food Enzymes Market report provides a detailed analysis on the competitive scenario, the pre- and post-COVID-19 impact on businesses, and the market growth across various regions.
NEW YORK, July 30, 2021 /PRNewswire/ --
Technavio's latest offering, Food Enzymes Market report provides a detailed analysis on the competitive scenario, the pre- and post-COVID-19 impact on businesses, and the market growth across various regions.
The food enzymes market is estimated to grow by USD 1.29 billion during 2020-2024, growing at a CAGR of almost 8%.
Market Dynamics
Factors such as demand from the beverage industry and the high demand for food enzymes from the dairy industry will drive the growth of the food enzymes market during 2020-2024. However, the availability of substitutes might hamper the market growth.
The rise in awareness about healthy and nutritional food is expected to open multiple growth opportunities for players in the market. But the safety regulations for food enzymes might impact the business of vendors during the forecast period.
Company Profiles
Some of the companies covered in this report are Advanced Enzyme Technologies Ltd., Alticor Inc., Associated British Foods Plc, BASF, Chr. Hansen Holding AS, DowDuPont Inc., Maps Enzymes Ltd., Novozymes AS, Puratos NV, and Royal DSM, etc.
Competitive Analysis
The report includes the competitive analysis which analyzes and evaluates the position of companies based on their market performance. Some of the factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Market Segmentation
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Key Topics Covered:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Product
Market Segmentation by Application
Customer landscape
Geographic Landscape
Drivers, Challenges, and Trends
Vendor Landscape
Vendor Analysis
Appendix
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
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Website: www.technavio.com
Report: www.technavio.com/report/food-enzymes-market-industry-analysis
SOURCE Technavio
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