Market Analysis
The market value of Fruit and Vegetable Processing Enzymes is expected to reach USD 75.69 billion by 2030, with a notable growth rate of 7.65% between 2022 and 2030.
The global fruit and vegetable enzymes market is predicted to have an impressive growth over the estimated years (2022-2030). Enzymes are a crucial part of fruit vegetable processing. It helps to increase yield, intensify juice color, shorten production times, clarify fruit juice and firm up fruit. Besides, it also helps in retaining the nutritional value and good flavor, boost the consistency and color of fruit applications, extend shelf life and reduce the danger of microbial spoilage. The extensive utilization of enzymes that are vegetable and fruit derived, found in the powdered or liquid form are used in diverse industries namely dietary supplements, pharmaceuticals, food and beverages and more. It has gained immense popularity amid manufacturers of diverse processed vegetables and fruits for diverse reasons. During the processing of fruits and vegetables, enzymes are used to make sauces, wines, juices and salads and also help in the processing of various natural products such as botanical extracts that makes the process economically viable and environmentally friendly.
There are abundant factors that is propelling the growth of the fruit and vegetable enzymes market. These factors as per the MRFR (Market Research Future) report include increasing demand for convenience foods, growing awareness for healthy foods, improved quality as well as yield for beverages, vegetable and fruit juices, increasing growth potential in untapped regions and emerging markets, specificity of enzymes especially in biochemical reactions, change in the preference of consumers with rapid urbanization that has fueled the need for natural products, healthy diet and products that are fruit and vegetable based. The additional factors include growing health concerns amid increasing global population, increasing awareness regarding the perks of fruit vegetable enzymes, higher private investments, technological advancement and enhancement of products. On the contrary, safety regulations concerning the utilization of such enzymes in beverage and food products, low stability, side effects related to canned and preserved juices, high research and development costs and stringent regulatory framework concerning the packaging such as maintenance of both pH and temperature are factors that may dampen the growth of the fruit and vegetable enzymes market.
Market Segmentation
MRFR report offers a broad segmental analysis of the Fruit and Vegetable Processing Enzymes Market Insights on the basis of type, application and form.
Based on type, it is segmented into cellulase, protease, amylase, pectinase and others. Of these, amylase will have the largest share followed by protease owing to its affordable price. Amylase is widely used in the food and beverage industry.
Based on application, it is segmented into vegetables and fruits. Of these, fruits will dominate the fruit and vegetable enzymes market over the estimated years. Growing beverage industry has resulted in the growing demand for fruit juices that in turn is boosting up the need for enzymes.
Based on form, the fruit and vegetable enzymes market is segmented into liquid, powder and others. Of these, liquid will lead the market owing to its direct utilization in different beverage formulations.
Regional Analysis
By region, the Fruit and Vegetable Processing Enzymes Market Outlook cover growth opportunities and latest trends across North America, Europe, Asia Pacific and Rest of the World. Of these, North America will have lion’s share followed by the APAC region due to the burgeoning need for fruit vegetable juices amid the developed countries here. China, the US, the UK, Germany and Canada are the key importers of fruit and vegetable enzymes. Besides, the leading players are involved actively in the RD of the product as per the North American regulations for utilization of fruit vegetable enzymes. Moreover, the growing need for fruit vegetable beverages too are also propelling the market growth in North America including countries namely Canada and the US.
Key Players
Leading players profiled in the fruit and vegetable enzymes market include Amano Enzyme Inc. (Japan), Biocatalysts Limited (U.K), Sunson Industry Group Co Ltd. (China), Jiangsu Boli Bioproducts Co., Ltd. (China), Groupe Soufflet (France), Advanced Enzyme Technologies Ltd. (India), Novozymes A/S (Denmark), Koninklijke DSM N.V. (the Netherlands), Associated British Foods plc (U.K), and E. I. du Pont de Nemours and Company (U.S.).
Nov 2018- Amano Enzyme has introduced a new enzyme which will improve the protein solubility at lower pH levels, thereby helping manufacturers in making fruity protein shakes as well as other beverages devoid of any technical glitch the moment the pH falls below a specific level.
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