The global food enzymes market was valued at USD 1.69 billion in 2019 and is projected to reach approximately USD 3.24 billion by 2032, registering a CAGR of 5.34% over the forecast period. In the U.S., the market is forecasted to expand significantly, reaching nearly USD 839.88 million by 2032. This growth is largely fueled by the rising consumption of processed foods and the steady development of innovative enzyme-based solutions. North America led the market in 2019, capturing 36.6% of the total share.
The use of enzymes across the food and beverage industry is increasing rapidly due to their multifunctional role in enhancing product quality. Factors such as consumer preference for clean-label offerings, a shift toward natural ingredients, and advancements in biotechnology are key contributors to market expansion worldwide.
According to the International Monetary Fund (IMF), the global economy contracted by -3.0% in 2020, compared to 2.9% growth in 2019, primarily due to the COVID-19 pandemic. During this period, leading food corporations including Nestlé, Unilever, Olam, and PepsiCo worked alongside NGOs, farming communities, and research institutions to strengthen food system resilience. However, restrictive trade measures across Southeast Asia disrupted supply chains, leading to an estimated 8–10% impact on the food ingredients and additives industry. While short-term demand for food enzymes declined, the market is expected to recover steadily during the forecast horizon.
Information Source: https://www.fortunebusinessinsights.com/food-enzymes-market-102835
Market Insights
This report provides a comprehensive evaluation of the market, outlining the drivers, restraints, challenges, and opportunities shaping its trajectory. It further delivers regional analysis supported by both qualitative and quantitative insights across major countries. The competitive scenario is also detailed, with a focus on strategies such as acquisitions, mergers, alliances, and joint ventures adopted by top players.
Market Drivers and Restraints
Growing Preference for Clean-Label Products
The European Food Safety Authority (EFSA) highlights potential health risks associated with prolonged exposure to synthetic chemicals in food. Rising consumer awareness of these risks is accelerating demand for naturally processed, clean-label alternatives—creating significant opportunities for food enzymes. For instance, in October 2019, U.S.-based Tiny Organics launched organic, plant-based toddler meals featuring dishes like coconut curry, pumpkin spice oatmeal, and baby burrito bowls.
Regional Overview
North America: Market Leader Supported by High Processed Food Demand
North America is expected to retain its leading position in the market, supported by strong consumer appetite for natural ingredients and premium-quality processed foods. Increasing investments in advanced enzyme technologies by food manufacturers will further drive growth in this region. Meanwhile, Asia-Pacific is anticipated to see steady growth, particularly due to higher demand for bakery and dairy products.
Competitive Landscape
Partnerships Driving Market Growth
In November 2019, DSM and Cargill launched a joint venture—Avansya—investing around USD 50 million in a large-scale fermentation-based stevia sweetener facility in Nebraska. This partnership underlines the broader industry trend of collaboration, innovation, and product diversification to align with evolving consumer preferences.
Key Players in the Food Enzymes Market
- Novozymes (Denmark)
- DuPont (U.S.)
- Hoffmann-La Roche Ltd. (Switzerland)
- AB Enzymes (Germany)
- Koninklijke DSM N.V. (Netherlands)
- Chr. Hansen Holding A/S (Denmark)
- BASF SE (Germany)
- Nutritech Enzymes (Finland)
- Amano Enzymes, Inc. (China)
- Biocatalysts (UK)
Recent Developments
- March 2019: AB Enzymes introduced ROHALASE, a new enzyme designed to minimize chemical dependency during oil extraction from seeds such as sunflower, soy, and canola, while simultaneously boosting efficiency and yield.
