Global Fruit And Vegetable Processing Enzymes Market Report By Size, Share And Forecast To 2024-2033

The fruit and vegetable processing enzymes market size has grown strongly in recent years. It will grow from $40.52 billion in 2023 to $43.99 billion in 2024 at a compound annual growth rate (CAGR) of 8.6%. The growth in the historic period can be attributed to growth of food and beverage industry, consumer demand for natural ingredients, focus on healthy and functional foods, improvement in processing efficiency, regulatory approvals for enzyme use..

The fruit and vegetable processing enzymes market size is expected to see strong growth in the next few years. It will grow to $60.42 billion in 2028 at a compound annual growth rate (CAGR) of 8.3%. The growth in the forecast period can be attributed to demand for clean label products, application in novel food products, advancements in enzyme engineering, shift towards plant-based proteins, emergence of clean meat processing, application in fermentation processes.. Major trends in the forecast period include technological advancements in enzyme production, enzymes for textural improvement, cold-pressed juice processing, integration with industry 4.0 technologies, customized enzyme blends..

Market Overview -
Fruit and vegetable processing enzymes refer to special proteins that act as biological catalysts and can speed up chemical reactions. These enzymes ripen the fruit, which gives the fruit a brown color. Processing increases the shelf life of fruits and vegetables.

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Rising Vegetarian Population Fuels Growth In The Fruit And Vegetable Processing Enzymes Market
The growing vegetarian population is expected to propel the fruit and vegetable processing enzyme market. A vegetarian refers to a person whose diet consists of vegetables, fruits, grains, and sometimes eggs or dairy products. Fruit and vegetable processing enzymes help vegetarians by improving the storage period of processed food products, as fruits and vegetables are the only source of food for vegetarians, these processing enzymes are helpful for them to store food. For instance, in March 2022, according to The Conversation, an Australia-based network of not-for-profit media outlets, about 10% of Americans over the age of 18 considered themselves vegan or vegetarian as of January 2022. Therefore, the growing vegetarian population is driving the fruit and vegetable processing enzyme market.

Competitive Landscape -
Major companies operating in the fruit and vegetable processing enzymes market report are E I du Pont de Nemours and Company, Associated British Foods plc., Koninklijke DSM N, Novozymes A/S, Group Soufflet, Advanced Enzymes, Jiangsu Boli Bioproducts Co Ltd., Biocatalysts, Amano Enzyme, F Hoffmann-La Roche Ltd., Sunson Industry Group, Amway Corporation, BASF SE, AB Enzymes, Royal Ridge Fruits, Biovet Private Limited, Chr Hansen Holding A/S, DowDuPont Inc., DSM NV, Enzyme Development Corporation, Enzymes Inc., Enzymology Research Center Inc, Enzymotec Ltd., Lonza Group AG, Novus International Inc., Kerry Group plc., Tate & Lyle PLC, Naturex SA .

Product Development In The Fruits And Vegetable Processing Enzymes Market
Product innovation is a key trend in the fruit and vegetable processing enzymes market. Major companies operating in the fruit and vegetable processing enzymes market are developing innovative products to strengthen their position in the market. For instance, in April 2021, Biocatalysts Ltd., a UK-based biotechnology company operating in the fruits and vegetables processing enzymes market, launched a new enzyme, Promod 517MDP (P517MDP), extending its range of Kosher and Halal licensed enzymes mainly concentrated on the dairy protein market. The unique features of Promod 517MDP include a highly active exopeptidase with broad specificity, and it can be used to achieve more than 40% degree of hydrolysis (DH) in casein protein.

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Key Segments -
The fruit and vegetable processing enzymes market covered in this report is segmented -
1) By Type: Amylase, Pectinase, Protease, Cellulase
2) By Source: Fungi, Bacteria
3) By Form: Liquid, Powder
4) By Application: Fruits, Vegetables

Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics

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