#Dairy enzymes market share

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Dairy Enzymes Market Growth Analysis & Forecast Report | 2024-2033

Dairy Enzymes Market size exceeded USD 609 Million in 2023 and is anticipated to cross USD 1.44 Billion by 2033, registering a CAGR of more than 9.9% during the forecast period.

Global demand for dairy products including cheese, yoghurt, and milk-based drinks grew. As a result, there has been a greater need for dairy processing methods that are both more efficient and sustainable. Enzymes like chymosin and rennet are used in the production of cheese to coagulate the proteins found in milk. There was a significant market for the dairy enzymes needed to make cheese, and there was a push to use microbial rennet and enzymes not derived from animals to manufacture vegetarian and vegan cheese. As lactose sensitivity and interest in plant-based dairy substitutes developed, so did the need for the enzymes used in lactose hydrolysis to produce lactose-free dairy products.

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The growing awareness of lactose intolerance among consumers led to an increase in the demand for dairy products with easier digestion. This trend is especially evident in places where lactose sensitivity is more prevalent. The market share of lactose-free dairy products was increasing quickly as more consumers looked for these options—not just because they were lactose intolerant, but also because of dietary preferences and possible health benefits. Producers of well-known dairy products, such as ice cream, milk, yoghurt, and cheese, were expanding their product ranges to include lactose-free options. Among other enzymes, lactase was necessary for the production of these products.

Dairy enzymes are quite important in the making of cheddar cheese. Well-known cheddar cheese is renowned for having a unique flavour and texture. Enzymes are used in the production of cheddar cheese to aid in the coagulation of milk, the formation of curd, and the development of taste. The growing demand for cheddar cheese in developing nations has led to an increase in global sales. Producers utilize dairy enzymes to make Cheddar cheese that suits local preferences and tastes. Enzymes play a major role in giving Cheddar cheese its particular taste.

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Enzyme technological advancements can be impeded by too burdensome regulations. Enzyme companies may be less inclined to invest in developing novel enzymes or improving existing ones if they anticipate regulatory barriers. This could keep longer-lasting and more potent enzymes from reaching the market. Depending on the nation and area, different regulatory policies may apply to dairy enzymes. This could cause problems for the international commerce in dairy products and enzymes since manufacturers have to manage intricate and sometimes contradictory regulations. Some of the major players in Global Dairy Enzymes Market are Koninklijke DSM N.V,DuPont de Nemours, Inc, Novozymes A/S, Wilbur-Ellis Holdings, Inc, Kerry Group Plc, Infinita Biotech Private Limited, BASF SE, Associated British Foods plc, Advanced Enzyme Technologies, Chr. Hansen Holding A/S, Phythozymes, Biocatalysts, Amano Enzyme Inc, STERN-WYWIOL GRUPPE GMBH CO. KG, Aumenzymes.

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Partial chapters of report table of contents (TOC):

Chapter 3. Global Dairy Enzymes Market Insights

Market Overview

Market Drivers & Opportunity

Market Restrains & Challenges

Regulatory Landscape

Ecosystem Analysis

Technology & Innovation Outlook

Key Industry Developments

Partnership

Merger/Acquisition

Investment

Product Launch

Supply Chain Analysis

Porter's Five Forces Analysis

Threat of New Entrants

Threat of Substitutes

Industry Rivalry

Bargaining Power of Suppliers

Bargaining Power of Buyers

COVID-19 Impact

PESTLE Analysis

Political Landscape

Economic Landscape

Social Landscape

Technology Landscape

Legal Landscape

Environmental Landscape

Competitive Landscape

Introduction

Company Market Share

Competitive Positioning Matrix

Chapter 4. Global Dairy Enzymes Market Statistics, by Segments

Key Trends

Market Estimates and Forecasts

Table

Chart

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The global dairy enzymes market size is estimated to be $565.4M in 2018 with an estimated CAGR of 7% during the forecast period 2019-2024. The growth of the market can be primarily attributed to the increase in consumption of dairy products that are associated with healthy eating. Changes in the lifestyles of the people can also affect the market significantly as an increasing number of people worldwide are choosing to have a healthy diet over their typical meals.

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Innovating for Efficiency: The Growing Role of Industrial Enzymes in Modern Manufacturing

The global industrial enzymes market was valued at USD 7.42 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 6.3% from 2024 to 2030. This growth is driven by several factors, with the increasing consumption of bakery products, fruit juices, and other processed food items being among the primary contributors to the demand for industrial enzymes. As enzymes play a crucial role in improving product quality, shelf life, and processing efficiency, their use is expected to expand across various industries, particularly the food and beverage sector.

Key Drivers of Market Growth

Rising Consumption of Processed Food and Beverages One of the most significant factors driving the demand for industrial enzymes is the growing global consumption of processed food and beverages. Industrial enzymes are used extensively in the production of bakery items, dairy, juices, and other consumables to improve product quality and consistency. For example, enzymes are essential in the brewing and baking processes, where they help in enhancing the texture, flavor, and overall quality of products like bread, biscuits, crackers, and cakes. In addition to improving the browning of bread and reducing protein content in flour for biscuits and crackers, enzymes play a role in making the final product more uniform and appealing to consumers.

Food Quality and Shelf Life Enhancement Enzymes contribute to better preservation and extended shelf life of food products. For example, in dairy products, enzymes like lactase help in the breakdown of lactose, making dairy products more digestible. Enzymes also assist in the starch and sugar production processes, ensuring consistency and higher yields. In fruit juice production, enzymes are used to clarify the juice and enhance its flavor profile.

Population Growth and Increasing Demand for Food A significant driver of the industrial enzymes market is the anticipated growth of the global population. The United Nations Department of Economic and Social Affairs (UN DESA) estimates that by 2050, the global population will exceed 9.7 billion, with projections indicating a population of 11 billion by 2100. This growth will lead to higher food demand, particularly in developing regions where urbanization and changes in dietary preferences are expected to increase the consumption of processed food. As the need for food production increases, industrial enzymes will be crucial in helping manufacturers meet this growing demand efficiently and sustainably.

Continued Innovation in the Food & Beverage Sector The food industry continues to innovate, developing new products and improving existing ones to cater to changing consumer preferences. For instance, enzymes are increasingly being used in the production of gluten-free products, as well as in the formulation of low-sugar, low-fat, and health-conscious options. The trend towards healthier eating, along with the increased focus on functional foods, is expected to continue driving the demand for enzymes that can enhance product properties such as digestibility, flavor, and nutritional value.

Sustainability Concerns Industrial enzymes are also seen as a more sustainable alternative to traditional chemical processes. For example, enzymes are used in the production of biofuels, textiles, and detergents, helping reduce the reliance on harsh chemicals and contributing to environmentally friendly production processes. As sustainability becomes an increasing priority across industries, the demand for enzyme-based solutions is expected to rise.

Regional Insights

North America:

North America led the industrial enzymes market with a revenue share of 37.65% in 2023. The region’s dominance is driven by the strong presence of major end-use industries, including food and beverage, laundry detergents, pharmaceuticals, and personal care & cosmetics. These industries are significant consumers of industrial enzymes, where they enhance product quality, processing efficiency, and shelf life. The region also boasts substantial research and development activities, which foster technological advancements in enzyme production. For example, the use of genetically modified organism (GMO) strains sourced from microorganisms is advancing the capabilities of enzymes, improving their efficiency in food production, particularly in improving the quality of processed food items. This innovation, alongside the growing demand from diverse sectors, ensures sustained growth in the North American market.

Europe:

Europe's industrial enzymes market is experiencing growth, spurred by the European Commission's commitment to sustainability. The focus on reducing greenhouse gas emissions and promoting the production of biofuels is expected to positively influence the demand for industrial enzymes used in biofuel production. Additionally, Russia's meat production is anticipated to rise due to improving economic conditions, which will drive the need for enzymes in meat processing. Enzymes are widely used in the meat industry to enhance tenderness and improve the quality of products. As Europe remains a major consumer of meat products, this growing demand in the food processing sector will further contribute to the market’s expansion in the region.

Asia Pacific:

The Asia Pacific region is projected to witness the fastest growth in the industrial enzymes market, driven by increasing meat production, particularly in China. According to the United Nations Food and Agriculture Organization (FAO), China produced approximately 77.92 million tons of beef in 2020. This growing production has spurred the demand for industrial enzymes, particularly in meat processing. The Chinese government's decision to authorize the export of frozen and chilled Australian beef in 2017 further boosted the demand for enzymes used in meat processing applications. With rising meat consumption and production, the need for enzymes that improve food quality and processing efficiency is expected to expand significantly across the region.

Browse through Grand View Research's Category Catalysts & Enzymes Industry Research Reports.

The global ionic liquids market size was valued at USD 53.46 million in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 8.2% from 2024 to 2030. 

The global chromium phosphate market was valued at USD 133.2 million in 2023 and is expected to grow at a CAGR of 10.1% from 2024 to 2030.

Key Industrial Enzymes Companies:

BASF SE

Novozymes

DuPont Danisco

DSM

NOVUS INTERNATIONAL

Associated British Foods Plc

Chr. Hansen Holding A/S

Advanced Enzyme Technologies

Lesaffre

Adisseo

BioProcess Algae, LLC

Koninklijke DSM N.V.

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Global Enzymes Market: Key Drivers, Challenges, and Future Outlook

The enzymes market size is expected to grow from USD 14.0 billion in 2024 to USD 20.4 billion by 2029, reflecting a CAGR of 7.8% during this period. This growth is driven by increasing global demand for enzymes across various industries. In the food and beverage sector, enzymes improve product quality and consistency, while in biofuels, they promote more efficient and sustainable production methods. The pharmaceutical industry leverages enzymes for drug formulation and disease treatment. Furthermore, the rising emphasis on eco-friendly and cost-effective industrial processes is boosting enzyme applications in detergents and textiles. Innovations in biotechnology are also leading to the development of specialized enzymes for targeted uses, enhancing their demand. Overall, the versatility and effectiveness of enzymes across multiple sectors are fueling their increasing global demand, with market players actively engaging in partnerships for industrial and specialty enzymes.Enzymes Market

Enzymes Market Trends

Here are some trends currently shaping the enzymes market:

Increased Demand in Food and Beverage: The rise in health-conscious consumers has led to higher demand for enzymes in food processing, enhancing flavor, texture, and nutritional content.

Biotechnology Advancements: Innovations in biotechnology are leading to more efficient enzyme production processes, improving yield and reducing costs.

Sustainable Practices: There’s a growing emphasis on sustainability, driving the use of enzymes in eco-friendly applications like biofuels, biodegradable plastics, and waste management.

Pharmaceutical Applications: The use of enzymes in drug formulation and as therapeutic agents is expanding, particularly in personalized medicine and biosimilars.

Animal Feed Enzymes: The demand for animal feed additives, particularly enzymes that improve nutrient absorption and digestion, is on the rise due to the growing livestock industry.

Personal Care Products: Enzymes are increasingly being incorporated into personal care and cosmetics for their ability to enhance product efficacy and skin benefits.

Specialty Enzymes Expected to Capture a Major Enzymes Market Share During the Forecast Period.

Specialty enzymes are crucial in the pharmaceutical and biotechnology sectors, particularly in biopharmaceutical production involving monoclonal antibodies and gene therapies, where precision and specificity are vital. For example, proteinase K is commonly used in DNA and RNA extraction for genomic research, a field that has seen heightened demand due to advancements in personalized medicine and diagnostics. This segment of specialty enzymes benefits from substantial R&D investments and innovations. Companies such as Novozymes A/S (Denmark) and dsm-firmenich (Switzerland) are focused on creating novel enzymes with enhanced stability and activity tailored for specific industrial uses. A notable example is dsm-firmenich’s launch of Maxilact Next in May 2023, which improves lactose-free dairy production efficiency by 25% without compromising taste. Additionally, supportive regulatory frameworks for biopharmaceuticals and the rising incidence of chronic diseases that require advanced treatments further drive the growth of specialty enzymes, reinforcing their market leadership.

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Plant-Derived Enzymes Capture a Major Share of the Enzymes Market.

Amylase, derived from barley and wheat, plays a vital role in the brewing industry by breaking down starches into fermentable sugars, enhancing both the efficiency and quality of beer production. In the juice and wine sectors, pectinase sourced from fruits such as apples and oranges is widely used to clarify beverages and boost juice yield. Plant enzymes are also essential in the expanding market for plant-based and vegan products. For example, transglutaminase from plant sources improves texture and binding in meat alternatives, addressing the growing consumer demand for sustainable and ethical food choices. This trend is reinforced by the increasing popularity of plant-based diets, which further drives the demand for plant-derived enzymes. Companies like Novozymes have made significant investments in developing enzyme solutions tailored to specific industry needs. In March 2020, Novozymes A/S (Denmark) launched Saphera Fiber, a plant-derived lactase enzyme aimed at increasing fiber content in dairy products while lowering sugar levels, catering to health-conscious consumers.

Enzymes Market Forecast: Asia Pacific to Experience the Highest Growth Rate

The Asia-Pacific region is poised for significant growth in the enzyme market, influenced by unique industry dynamics and regional trends. A major driver is the biopharmaceutical sector, especially in countries like South Korea and Singapore, where the demand for enzymes in drug manufacturing and bioprocessing is rising. These enzymes are vital for processes such as protein expression, purification, and modification, which are crucial for producing biologics like monoclonal antibodies and vaccines. Additionally, the burgeoning healthcare and diagnostic sectors in the region are rapidly increasing the need for specialty enzymes, particularly for diagnostic assays, genetic testing, and therapeutic applications, fueled by heightened investments in healthcare infrastructure and research. Moreover, the thriving textile and detergent industries in countries like Bangladesh and Vietnam present promising opportunities for enzyme manufacturers. Enzymes are increasingly utilized in textile processing for fabric softening, de-sizing, and denim finishing, as well as in detergent formulations for enhanced stain removal and fabric care. As these sectors evolve in response to changing consumer preferences and regulatory standards, the demand for enzymes is expected to rise sharply, establishing the Asia-Pacific region as a key driver of growth in the global enzyme market.

Top Enzymes Companies

Key players in this market include BASF SE (Germany), International Flavors & Fragrances Inc. (US), dsm-firmenich (Switzerland), Associated British Foods plc (England), Novozymes A/S (Denmark), Kerry Group plc. (Ireland), Dyadic International Inc. (US), Advanced Enzyme Technologies (India), Aumgene Biosciences (India), Amano Enzyme Inc. (Japan), F. Hoffmann-La Roche Ltd (Switzerland), Codexis, Inc. (US), Sanofi (France), Merck KGaA (Germany), Adisseo (China).

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Driving Efficiency with Specialty Enzymes: A Look at Technological Advancements

Specialty enzymes are specific proteins designed to catalyse biochemical reactions for specialized applications in various industries. These enzymes are tailored to meet the unique requirements of different industrial processes, enhancing efficiency, specificity, and performance. The global specialty enzymes market size is estimated to be valued at USD 6.1 billion in 2024 and is projected to reach USD 9.2 billion by 2029, recording a CAGR of 8.5%.

Key Applications of Specialty Enzymes:

Food and Beverage Industry:

Baking: Enzymes like amylases and proteases improve dough handling and bread quality.

Dairy: Lactases break down lactose, aiding in the production of lactose-free products.

Brewing: Proteases and beta-glucanases improve filtration and clarity in beer production.

Pharmaceuticals:

Therapeutic Enzymes: Used to treat diseases such as enzyme replacement therapies for lysosomal storage disorders.

Diagnostic Enzymes: Enzymes like glucose oxidase are used in biosensors for blood glucose monitoring.

Biofuels:

Cellulases and Hemicellulases: Break down plant biomass into fermentable sugars for ethanol production.

Lipases: Enhance biodiesel production by breaking down fats and oils.

Textile Industry:

Amylases: Remove starch-based sizing agents from fabrics.

Cellulases: Provide a soft finish to fabrics and improve color brightness.

Agriculture:

Phytases: Improve the bioavailability of phosphorus in animal feed, enhancing nutrition.

Proteases: Enhance the digestibility of feed proteins for better animal growth.

Enzymes sourced from animals hold a significant specialty enzymes market share

Animal-derived enzymes are often preferred for their high specificity and efficiency in catalyzing biochemical reactions, which is essential in various specialized processes. Pancreatic enzymes, such as trypsin and chymotrypsin, are extensively used in drug formulation and the production of biologics. These enzymes facilitate the precise cleavage of peptide bonds, crucial for developing and manufacturing therapeutic proteins and peptides. Their specificity and activity levels make them indispensable in pharmaceutical applications, significantly contributing to their market share.

Moreover, animal-derived enzymes are essential in clinical diagnostics. For example, rennet, obtained from the stomachs of calves, is used in the coagulation process for cheese production, highlighting their importance in the food industry. In clinical settings, enzymes like lactase, derived from animal sources, are used in diagnostic kits to test for lactose intolerance, demonstrating their versatility and utility in both food processing and medical diagnostics.

A notable example of the significance of animal-sourced enzymes is the use of thrombin, derived from bovine sources, in surgical procedures. Thrombin is crucial for promoting blood clotting and is used in topical hemostatic agents to control bleeding during surgeries. The high efficacy and reliability of thrombin in medical applications underscore the importance of animal-derived enzymes in the specialty enzymes market.

Factors Driving the Specialty Enzymes Market Growth

Public funding and incentives for biotechnological research are critical drivers of growth and innovation in the specialty enzymes market. The EU’s Horizon Europe program, with a budget of USD 103.6 billion for 2021-2027, is focused on research and innovation, including biotechnology. This program supports projects aimed at developing advanced biotechnological processes and products. In the United States, the National Institutes of Health (NIH) allocated over USD 42.0 billion for biomedical research in 2022, with part of this funding directed towards biotechnology research, including the development of novel enzymes for medical and industrial applications.

In India, the Biotechnology Industry Research Assistance Council (BIRAC) plays a significant role in fostering innovation and growth within the specialty enzymes market. Established by the Department of Biotechnology (DBT), Government of India, BIRAC actively supports biotech startups and research institutions through various funding schemes. One of the key initiatives is the Biotechnology Ignition Grant (BIG) scheme, which provides early-stage funding to startups and entrepreneurs with innovative ideas in biotechnology. In July 2020, BIRAC allocated Rs. 50 crores (approximately USD 6.7 million) under the BIG scheme to support around 100 startups and entrepreneurs in the biotechnology sector. This funding aims to catalyze innovation, encourage entrepreneurship, and accelerate the development of novel enzyme-based solutions for various applications in biotechnology and pharmaceuticals. By providing financial support and fostering a conducive ecosystem for research and development, initiatives like BIRAC’s BIG scheme contribute significantly to the growth and competitiveness of the enzyme market in India.

Top Specialty Enzymes Companies

BRAIN Biotech AG (Germany)

Novozymes A/S (Denmark)

Codexis, Inc. (US)

Sanofi (France)

Merck KGaA (Germany)

Dyadic International Inc (US)

Advanced Enzyme Technologies (India)

Amano Enzyme Inc (Japan)

F. Hoffmann-La Roche Ltd (Switzerland)

New England Biolabs (US)

BBI Solutions (UK)

North America region to dominate the specialty enzymes industry during the forecast period.

North America holds the highest market share in the specialty enzymes market due to several key factors. The region is home to a robust pharmaceutical and biotechnology industry, characterized by significant investments in research and development. This investment landscape fosters innovation, leading to the development of advanced enzyme-based solutions. For instance, companies like Codexis, Inc. (US), are at the forefront of enzyme engineering, continuously developing new enzymes for pharmaceutical and industrial applications.

Moreover, the presence of well-established healthcare infrastructure and a high demand for diagnostic tools contribute to the market’s growth. Specialty enzymes are crucial in various diagnostic applications, including ELISA (Enzyme-Linked Immunosorbent Assay) tests, which are widely used in medical diagnostics. The increasing prevalence of chronic diseases such as cancer and diabetes in North America drives the demand for these advanced diagnostic tools, further propelling the specialty enzymes industry.

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Animal Feed Organic Trace Mineral Market Trends and Analysis: Comprehensive Overview of Market Size, Share, and Growth

We all are encouraged to have a healthy diet in our lives. Milk and other dairy items, along with meat and poultry products, are all said to help us in maintaining a fit lifestyle. What the most crucial aspect is here, is that the health of the animals, who are the source of these products, should be optimum, and this is where animal feed organic trace minerals come into the picture. We may not know a thing about them; however, this is a very important part in a farmer’s handbook. How, you might ask?

The answer is, organic trace minerals are added to animal feed in order to improve its quality. They are made by connecting minerals to organic molecules such as polysaccharides and amino acids, and are also referred to as chelates. Animal feed organic trace minerals offer multiple benefits, in terms of immunity, reproduction, growth and digestion. They are found in both organic and inorganic sources, and include zinc, manganese, copper and cobalt. When added to animal feed, they provide enhanced gut absorption and improved bioavailability.

A Boon For Animals!

Animal feed organic trace minerals, when fed to cows, can lead to birth of healthy calves with string immune systems. Additionally, they can also help in production of optimal quality colostrum, while also helping cows in recovering from calving quicker. These minerals are of greater importance during stressful events or when the environment conditions are not suitable. These conditions include pre-calving, when a cow transfers nutrient to her developing calf; during bull development and pre-breeding for improving the quality and quantity of semen.

So, which are the major products involved in the animal feed organic trace minerals market? The important ones include:

 - Zinc, in the form of zinc oxide, can be used as a trace element for livestock. Zinc, besides iron, is the most important trace element and plays a critical role in the functioning of more than 300 hormones and enzymes, while also having an important function in defense enzymes. Deficiency of zinc causes poor growth, appetite loss, and poor feed conversion rate.

 - Is an important animal feed organic trace mineral. It is found in ample amount in most of the animal feeds, and is necessary for hemoglobin formation. Iron deficiency can be an issue in young suckling pigs, who require an iron injection or fresh soil access in order to meet their iron needs.

 - A very vital component for enzyme systems that are involved in iron transport and metabolism, immune function and red blood cell formation in animals. Countries such as United States have made it a common practice to supplement broiler and swine diets with 125-250 ppm additional copper to enhance growth and health.

 - This has become an essential trace mineral for ruminants, as it is essential for fertility and normal growth, as well as preventing health disorders such as mastitis and calf scours. Selenium being a component of glutathione peroxidase which prevents cell damage, is necessary in animal feeds. However, a large dosage of selenium as an animal feed organic trace mineral can prove toxic, so proper care should be taken.

 - This animal feed organic trace mineral is commonly used in the form of its oxide in mineral mixes. It is necessary for normal reproduction in the animals, and fetal and udder development.

 - This mineral is very necessary in the diet of ruminants such as sheep, cattle and goats, for the synthesis of vitamin B12, which is essential for energy metabolism and red blood cell production. Cobalt deficiency in soil causes vitamin B12 deficiency in livestock.

A large number of raw material suppliers are present in the animal feed organic trace minerals market. Korea Zinc Group, Nyrstar, Codelco, and BHP Billiton Ltd. supply raw materials, such as zinc, copper, iron, and manganese, to this industry. The market is driven by the growing demand for animal feed. Increasing per capita consumption of meat was one of the major factors propelling the growth of animal feed organic trace minerals. In 2016, the U.S. led the market in per capita meat consumption with 97.1 kg, and was followed by Australia with 94.8 kg. Argentina, Uruguay and Israel rounded off the top 5 per capita meat consumption countries.

A Necessity For Cattle All Across The Globe

Asia Pacific witnessed the highest demand for organic trace minerals in animal feed in 2016 owing to high demand from the poultry and swine segments. This region was characterized by the availability of cheap labor and abundant raw materials. An increase in the demand for organic trace minerals from China, India, and Japan has played a key role in the growth of the animal feed organic trace minerals market in this region.  North America was one of the largest consumers of compound feed in the dairy cattle segment in 2016.

Certain factors such as production efficiency, cost control, and scale of operation determine the profitability of this industry. New technologies and systematic supply chain management have driven the dairy industry globally. Growing market for products such as butter, yogurt, ice cream, and cheese has provided a boost to this segment, which, in turn, has positively impacted the demand for animal feed organic trace minerals.

Feed law in Europe allows for a wide range of trace mineral additives to be used in cattle nutrition, while also regulating the maximum inclusion level in the final feed. Even though the past few years have seen multiple reductions in the maximum feed inclusion levels of some trace minerals, there have been factors which have led to increased demand for animal feed organic trace minerals: teat canal keratinization, regeneration after calving, and physiological and environmental stress. The European market has seen the introduction of several categories of animal feed organic trace minerals of manganese, copper, zinc and iron since the 1990s.

Industry Developments

The global animal feed organic trace minerals market is characterized by the presence of a large number of manufacturers having a strong technical know-how and dense distribution networks. Biochem; Tanke Biosciences Corp.; Mercer Milling Co., Inc.; Novus International, Inc.; Royal DSM NV; and Zinpro Corp. are some of the well-known players. Major organic trace mineral manufacturers, including Alltech, Inc.; Archer Daniels Midland Company; Cargill, Inc.; and Kemin Industries, are headquartered in the United States.

Some of the major developments in the animal feed organic trace minerals industry include:

Alltech launched an in-vitro fermentation laboratory, called the Alltech IFM™, in collaboration with the Harper Adams University, in the U.K., in February 2020. Alltech IFM is a nutritional tool that simulates rumen fermentation and evaluates digestibility of forages and feed within the animal. The tool can help farmers and feed manufacturers identify barriers to achieving the optimal rumen function, while helping to reduce energy losses and feed wastage.

Kemin Industries announced its Ruminant Essentialities portfolio of products for the Europe, Middle East and North Africa region. The company had completed the portfolio with its KESSENT product range and the CholiGEM in October 2019, with the former making them the only provider of Methionine and Lysine, while the latter supports animal health improvement.

In October 2019, Nutreco signed a deal to acquire the compound feed business of Cargill in Portugal. The deal involves Cargill’s compound feed production for the Portugese market, while its two plants in the country will also be transferred to Nutreco as part of the deal. The business would become a part of Nanta, which is Nutreco’s Iberian animal feed business.

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Enzymes Market to Surpass USD 16.3 billion by 2031

The global market for enzymes was estimated to be worth US$ 7.7 billion in 2021. The market is anticipated to advance with a 7.6% CAGR from 2022 to 2031 and by 2031, the market is likely to gain US$ 16.3 billion.

In the enzymes market, ingredient producers are vying to create biofuel enzymes that are utilized in the fermentation of ethanol generation. These new enzymes are replacing alpha-amylase in several applications because of their lower viscosity. To take advantage of new potential in the broader bioenergy sector, companies intend to begin customer trials employing biofuel enzymes. They are utilizing their understanding of the industry, their technical proficiency, and their customer laboratory services in order to increase biodiesel stability with enzymes.

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Global Enzymes Market: Key Players

A few large-scale vendors hold the majority of the market share for enzymes on a worldwide basis. The majority of businesses invest a lot in research and development, mostly to create environmentally friendly products.

Some of the key manufacturers profiled in this report are:

Novozymes A/S

BASF SE

DowDuPont Inc.

AB Enzymes GmbH

Biocatalysts Ltd

Chr. Hansen Holding A/S

Codexis, Inc.

Koninklijke DSM N.V.

Advanced Enzyme Technologies Limited

Market Trends for Enzymes

The market for enzymes has been divided into technical grade and speciality grade based on grade. The technical grade segment's market share is anticipated to reach 60.5% by 2031. During the projected period, the segment is anticipated to increase at a pace greater than 7.3%, maintaining its upward trend in market gain.

The growth in demand for food, dairy, and meat products is the main factor driving the rise in the need for enzymes in industrial applications.

The global enzymes market has been divided based on type into lipases, phytases, polymerases & nucleases, carbohydrases, and others. The agricultural enzyme is proteases. The market for enzymes in 2021 was dominated by the sector of carbohydrases. Proteases, polymerases, and nucleases segments came next.

It is anticipated that the carbohydrases market will record a CAGR of 7.8% from 2022 to 2031. The main applications of this type of enzymes in the food sector include the hydrolysis of sucrose, the generation of fructose syrup, as well as the hydrolysis of lactose in milk.

Enzymes Regional Market Outlook

Various reasons are propelling the growth of the enzymes market in different regions. These are:

In 2021, in terms of volume, North America accounted for 38.4% of the global enzymes market. The increased demand for enzymes within the food and dairy products sector, which accounted for 30.8% of the market share in North America in 2021, was mostly attributable for the high consumption of enzymes in the area.

The consumers in Europe and the Asia-Pacific region consume a lot of food and drink. In 2021, these regions represented a value share of the global market of 27.8% and 25.1%, respectively. The enzymes market in these areas is seeing tremendous growth in the applications for dairy and bread goods. Alcohol enzymes are widely used in the Asia Pacific region, which in 2021 accounted for 27.8% of the global market.

The Middle East and Africa has greater number of consumers for enzymes, when compared to Latin America.

Global Enzymes Market Segmentation

Grade

Technical Grade

Specialty Grade

Type

Carbohydrases

Proteases

Polymerases & Nucleases

Lipases

Phytases

Others

Application

Food & Beverages Processing

Dairy Products

Bakery Products

Others

Personal & Household Care

Animal Feed

Bioenergy

Pharmaceutical & Diagnostic

Textiles

Others

By Region

North America

Europe

Asia Pacific

Middle East & Africa

South America

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[pranalip]

Cattle Feed Market Share, Trends, and Growth Reports | Global Insight Services

Cattle feed is a type of agricultural feed specifically designed for cattle. The main types of cattle feed include hay, silage, grain, and a variety of other supplements. Hay is the most common type of cattle feed, and is typically made from grasses or legumes. Silage is another common type of cattle feed, and is made from fermented, high-moisture plant materials. Grain is typically used as a supplement to other types of cattle feed, and can include corn, soybeans, oats, and barley. A variety of other supplements are also available for cattle, and can include minerals, vitamins, and protein sources such as soybean meal or cottonseed meal.

Key Trends

Cattle feed technology is constantly evolving in order to meet the ever-changing needs of the cattle industry. Some of the key trends in cattle feed technology include:

Increased focus on nutrition and feed formulation: There is an increasing focus on providing cattle with the proper nutrition in order to improve their overall health and productivity. This has led to advances in feed formulation and ingredients, including the use of alternative ingredients such as enzymes and probiotics.

Improved feed delivery methods: There have been significant advances in the way that cattle feed is delivered, including the use of automated feeders and self-feeders. This has made it easier for farmers to provide their cattle with the right amount of feed, and has also helped to reduce waste.

Greater emphasis on safety and quality control: With the increasing popularity of organic and natural beef, there is a greater emphasis on ensuring that cattle feed is safe and of high quality. This has led to advances in feed testing and quality control procedures.

Increased focus on environmental sustainability: There is a growing awareness of the impact that cattle farming can have on the environment. As a result, there is an increased focus on developing cattle feed products that are more environmentally sustainable. This includes the use of alternative ingredients such as by-products from other industries, and the use of more environmentally friendly packaging materials.

Key Drivers

The key drivers of the cattle feed market are the increasing demand for meat and dairy products, the growing population, and the changing lifestyle of people. The demand for meat and dairy products is increasing due to the growing population and the changing lifestyle of people. The growing population is leading to the increased demand for meat and dairy products. The changing lifestyle of people is resulting in the increased demand for healthy and nutritious food.

The major drivers of the cattle feed market are the increasing demand for meat and dairy products, the growing population, and the changing lifestyle of people. The demand for meat and dairy products is increasing due to the growing population and the changing lifestyle of people. The growing population is leading to the increased demand for meat and dairy products. The changing lifestyle of people is resulting in the increased demand for healthy and nutritious food.

The other drivers of the cattle feed market are the government policies and regulations, the technological advancements, and the increasing awareness about the animal health and welfare. The government policies and regulations are playing a significant role in the growth of the cattle feed market. The policies and regulations related to the animal husbandry are encouraging the farmers to use the cattle feed for the better growth and development of the animals. The technological advancements are helping the farmers to improve the quality of the cattle feed. The increasing awareness about the animal health and welfare is resulting in the increased demand for the cattle feed.

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Research Objectives

Estimates and forecast the overall market size for the total market, across product, service type, type, end-user, and region

Detailed information and key takeaways on qualitative and quantitative trends, dynamics, business framework, competitive landscape, and company profiling

Identify factors influencing market growth and challenges, opportunities, drivers and restraints

Identify factors that could limit company participation in identified international markets to help properly calibrate market share expectations and growth rates

Trace and evaluate key development strategies like acquisitions, product launches, mergers, collaborations, business expansions, agreements, partnerships, and R&D activities

Thoroughly analyze smaller market segments strategically, focusing on their potential, individual patterns of growth, and impact on the overall market

To thoroughly outline the competitive landscape within the market, including an assessment of business and corporate strategies, aimed at monitoring and dissecting competitive advancements.

Identify the primary market participants, based on their business objectives, regional footprint, product offerings, and strategic initiatives

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Market Segments

The cattle feed market report is bifurcated on the basis of source, application, distribution channel, and region. On the basis of source, it is segmented into organic and conventional. Based on application, it is analyzed across agriculture and industrial. By distribution channel, it is categorized into direct sales and indirect sales. Region-wise, it is studied across North America, Europe, Asia-Pacific, and the rest of the World.

Key Player

The cattle feed market report includes players such as BASF SE, DSM, Cargill, Inc., ADM, Animal Nutrition, Kemin Industries, Inc., Biomin Holding GmbH, Nutreco, Land O’Lakes, Inc., and Farmer’s Grain Company.

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Research Scope

Scope – Highlights, Trends, Insights. Attractiveness, Forecast

Market Sizing – Product Type, End User, Offering Type, Technology, Region, Country, Others

Market Dynamics – Market Segmentation, Demand and Supply, Bargaining Power of Buyers and Sellers, Drivers, Restraints, Opportunities, Threat Analysis, Impact Analysis, Porters 5 Forces, Ansoff Analysis, Supply Chain

Business Framework – Case Studies, Regulatory Landscape, Pricing, Policies and Regulations, New Product Launches. M&As, Recent Developments

Competitive Landscape – Market Share Analysis, Market Leaders, Emerging Players, Vendor Benchmarking, Developmental Strategy Benchmarking, PESTLE Analysis, Value Chain Analysis

Company Profiles – Overview, Business Segments, Business Performance, Product Offering, Key Developmental Strategies, SWOT Analysis.

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[thebusinessmagnate]

Aylon and Thomas: Chef-Crafted Extra-Creamy Plant-Based Dairy-Free Ice Creams at Eclipse Foods

Do you like eating Ice Cream? That creamy, cold, velvety, sweet, deliciousness? Yes, count me in, please! I am a huge sucker for Ice Creams. Be it tubs, pints, single serves, scoops, cones, bars, bonbons, cakes, chocolates. The different flavors and ingredients in Ice Creams are an added tasty indulgence, taking this cold dessert to another level. 

Don’t come at me but, I would love an Ice Cream scoop, maybe two or three more scoops, any day and at any time! 

I recall how I spent my childhood summers licking off the melting Choco-Bar on my hands after a long day at the park, it’s both a fond memory, and the taste of this delicious cold dessert will always be a cherished feeling and moment. 

In this era, there are many people, mostly in the newer generation (Gen Alpha), who seem to have an increased case of being lactose-intolerant. The condition ‘lactose intolerance’ occurs due to the digestive system losing its capability to produce enough lactase enzyme, to break down and digest lactose – a sugar that is found widely in milk and dairy products. Abdominal pains, diarrhea, nausea, and bloating are some of the main side effects of being lactose intolerant, and unfortunately also losing the ability to consume dairy products.  

Additionally, with growing global environmental concerns requiring people to be more sustainable and eco-friendly, the market trends and consumer preferences drive the food and beverage manufacturing industry to shift toward being more inclusive of ‘veganism’ and plant-based food products in their meals, while also considering how the generation is becoming more lactose intolerant as well. 

To also save our dairy-producing animals like cows, buffalos, sheep, and goats, the inclusive idea of manufacturing and producing plant-based food and beverage products sustainably is the new strategy adopted for clean, green, free, safe, and healthy consumption. This way our planet and its inhabitants can be protected, preserved, and conserved. 

Therefore in this article, we will be sharing deep insights into an American company – Eclipse Foods, co-founded by Aylon Steinhart and Thomas Bowman in 2019, in California, USA. This company specializes in Ice Cream that is manufactured and produced by using Corn, Cassava, Rapeseed, and Potato – for a chef-crafted, extra-creamy, plant-based, and dairy-free that is a delicious, safe, vegan, and healthy indulgence for all. 

The Two Taste Buds Behind Eclipse Foods’ Ice Creams – Aylon and Thomas:

The two co-founders who together started and established Eclipse Foods are – Aylon Steinhart and Thomas Bowman. 

Aylon Steinhart is the Chief Executive Officer at the company and is also a vegan entrepreneur from Berkeley. Aylon has put in a lot of effort in consulting, encouraging, advising, and convincing companies and start-up businesses in the Consumer Packaged Goods (CPG) sector like Kellogg’s and Heinz, to be more inclusive of alternative protein solutions. Aylon holds a Bachelor of Science Degree in Business Administration from the University of California – Haas School of Business. The co-founder started his career as a Startup Analyst/Writer at Vator, a Software Analyst at Digilabs Pro, a Corporate Account Manager at AT&T, a Founder and CEO at Photopaz, Co-founded and became Marketing Director at BrideBox, a Senior Advisor at The Good Food Institute, a Y-Combinator, and lastly in the year 2019 co-founded and established Eclipse Foods with Thomas Bowman. 

Thomas Bowman is the Chief Technology Officer at the company and is an award-winning chef from Chicago, totaling 16 Michelin Stars and twice nominated for a James Beard Award. Thereafter Thomas started to focus on product development and food science. Here, he created some of the best-selling plant-based food products at JUST. 

Sharing a passion for food, Aylon and Thomas set out together to integrate culinary strategies with food technology. Making food and beverage products that are safe and healthy, while also making impactful choices in protecting the planet we all call home, the co-founders succeeded in manufacturing and producing a protein alternative solution that is vegan and consumable by all, and delivered Ice Creams that are extra-creamy, dairy-free, plant-based, and GMO-free. 

About Eclipse Foods:

Eclipse Foods Ice Creams is “not another pint of frozen plant milk. We dug in and mimicked milk’s creamy molecular structure and functionality using plants like corn, cassava, rapeseed, and potato”. 

To put an end to industrial animal agriculture, Eclipse Foods has successfully manufactured and produced animal-free products as your favorite dairy treat. 

On a mission “to create a more sustainable, healthy, and humane food system with plant-based products that taste better and do better for people, animals, and the planet”, the company acts as the change we have all been craving. 

Co-founded by Aylon and Thomas in the year 2019, in Alameda, California, USA – Eclipse Foods “tastes great, does good” through Ice Creams that are chef-crafted, dairy’s lick-a-like, and an appetite for the better. 

The company retails its Ice Cream delicacy in 4 convenient formats. Bonbons. Pints of different dairy-free flavors, 3-Gallon Tubs,  Soft Serves, and Single Serve Cups. “Doing our part, one pint at a time”, Eclipse Foods drives toward a sustainable future with eco-friendly practices and initiatives. Reduced consumption of water, reduced land space, and decreased production of greenhouse gases have helped the company hugely in overcoming the detrimental strategy of using conventional dairy-produced methods and products. As a result, Eclipse Foods’ Ice Creams sees 65% fewer emissions than dairy, which means that over 190,509 metric tons of CO2 is reduced and over 15 million gallons of water is saved. 

Acknowledging as the “next massive plant-based food company revolutionizing the 500 billion dollar dairy sector”, Eclipse Foods has raised 60 million+ from investors like Y-Combinator, Forerunner Ventures, Chairman of Beyond Meat, and more. The company promises that “Anything dairy can do, Eclipse can do better”.

Visit More : https://thebusinessmagnate.com/aylon-and-thomas-chef-crafted-extra-creamy-plant-based-dairy-free-ice-creams-at-eclipse-foods/

[uptothetrendblogs]

Global Food Enzymes Market Analysis by Size, Share, Growth, Trends (2024-2032)

Introduction

Global Food Enzymes Market is expected to foresee significant growth during the forecast period. North America to witness the highest growth.

Global Food Enzymes Market is expected to reach the market valuation of US$ million by 2027 expanding at a reasonable CAGR during the forecast period (2021-2027) from US$ million in 2020 Enzymes are proteins with highly specialized catalytic functions, produced by all living organisms. Enzymes are responsible for many essential biochemical reactions in microorganisms, plants, animals, and human beings. Enzymes are not alive but are essential for all metabolic processes. Although like all other proteins, enzymes are composed of amino acids, they differ in function in that they have the unique ability to facilitate biochemical reactions without undergoing change themselves. This catalytic capability is what makes enzymes unique

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Market Dynamics

A rise in awareness about healthy food, lifestyle changes, and hectic schedule are some of the prime factors driving the demand for healthy and processed organic food. As per a report by WHO, healthy diets cost 60% more than diets that only meet the requirements for essential nutrients and almost 5 times as much as diets that meet only the dietary energy needs through a starchy staple. Moreover, the cost of a diet increases incrementally as the diet quality increases which is from a basic energy-sufficient diet to a nutrient adequate diet and then a healthy diet including more diversified and desirable food groups/ across all regions and country income groups globally. The cost of a healthy diet is much higher than the international poverty line, established at USD 1.90 purchasing power parity (PPP) per day. This puts healthy diets beyond the reach of those living in poverty or just above the poverty line.

Moreover, the trending culture of partying out or dining out is acting as a growth catalyst to the market growth. According to the Centers for Disease Control and Prevention, between 2013 and 2016, 36% of adult Americans consumed fast food on any given day. Also, People who earned more money dined on fast food more frequently than lower-income people. Among higher-income people, 42% chose to eat fast food on any given day; the figures were 36% for middle-income people and 31% for lower-income people.

The coronavirus pandemic has affected many aspects of life in an unprecedented way. Many essential sectors around the world were at stake due to the pressure this crisis represents. The lockdown in countries, supply chain disruption, and the global recession also impacted the food enzyme business across the globe. Trade disruptions potentially affect future access to inputs for low-income countries that purchase their fertilizers, chemicals, and improved seeds from abroad. Highly concentrated markets on the input supply side (especially for fertilizers) can, at that point, amplify the risk to input importers.

Based on the Type, the market is mainly fragmented into Carbohydrase, Protease, Lipase, and Other.  The carbohydrase segment dominated the market in 2020 and gathered XX% in 2020. Moreover, the segment is anticipated to maintain its dominance during the analyzed period. The demand for this segment is witnessing an uptick owing to the several benefits such as carbohydrase such as amylases, cellulases, pectinases, lactases, mannanases, and pullulanase are used in food applications, to cater to various industries such as bakery & confectionery, dairy, and processed food. They have added advantages to various food applications due to their cost-effectiveness, less time & space consumption, and ease in modification and optimization of the process.

According to UnivDatos Market Insights (UMI)’ research report “Global Food Enzymes Market Analysis, 2020”, the Global Food Enzymes market is projected to grow at a CAGR of during 2021-27F. A rise in disposable income and a rise in awareness about healthy food, the demand for processed and organic food are some of the factors driving the growth of the global market. 

Demographics

Additionally, the report provides detailed initiatives that are being taken in the field of Food Enzymes. The market is classified into distinct regions including North America (the U.S, Canada, Rest of North America), Europe (Germany, France, Spain, Italy, and United Kingdom and Rest of Europe), Asia-Pacific (China, Japan, Australia, India, South Korea, and the Rest of APAC), Rest of World has been conducted. North America region dominated the market with US$ million in 2020. However, the Asia-Pacific region is expected to witness the highest CAGR during the forecast period on account of rising health awareness among end-users in the countries such as China, India, and Japan.

For a detailed analysis of the COVID-19 Impact on Food Enzymes browse through - https://univdatos.com/report/food-enzymes-market/get-a-free-sample-form.php?product_id=8807

Competitive Landscape

The degree of competition among prominent regional companies has been elaborated by analyzing several leading key players operating worldwide. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in Food Enzymes Market. The leading players have been analysed by using research methodologies for getting insight views on global competition

Conclusion

Consumer increasingly prefers nutritionally rich healthy food, which in turn leads to its increased production by food processors. Hence, with the growing need to meet the nutritional requirement of the population, nutritional food manufactures are increasingly incorporating enzymes into their products, thereby driving the growth of the global food enzymes market. As per a survey on food and nutrition attitudes, 54% of Americans said people in the U.S. pay more attention to eating healthy foods today compared with 20 years ago. 

The lockdown in countries, supply chain disruption, and the global recession also impacted the food enzyme business across the globe. Trade disruptions potentially affect future access to inputs for low-income countries that purchase their fertilizers, chemicals, and improved seeds from abroad. Highly concentrated markets on the input supply side (especially for fertilizers) amplify the risk to input importers. According to data published on a finance blog in April 2020, the impact on revenue generation of specialty enzymes companies will experience a massive decline during the first quarter of 2021.

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[downincmi]

Digestive Health Market Trends: Insights and Future Outlook

The digestive health products industry comprises probiotics, prebiotics, food enzymes, and fiber & bran supplements consumed to maintain optimal digestive health. Digestive health products provide essential benefits like improving nutrient absorption, supporting healthy digestion, strengthening gut immunity, and reducing bloating, constipation, and other gastrointestinal issues. Probiotics containing live microorganisms like Lactobacillus, Bifidobacterium, and Streptococcus thermophilus help restore the balance of gut microbiota. Prebiotics serve as a food source for probiotic bacteria in the colon. Food enzymes aid in breaking down food molecules into simpler forms for better absorption of nutrients. The global digestive health products market is estimated to be valued at US$ 47.02 billion in 2024 and is expected to exhibit a CAGR of 7.2% over the forecast period of 2023 to 2030. Rapid urbanization, increasing awareness about gut health, and growing health consciousness are fueling the demand for digestive health supplements. Moreover, people are preferring these products to pharmaceutical drugs due to lower side effects. Key Takeaways

Key players operating in the digestive health products market are Danone S.A., Arla Foods amba, Nestlé, Chr. Hansen Holding A/S, Yakult Honsha Co., Ltd., General Mills Inc., Meiji Holdings Co., Ltd, Mondelēz International, PepsiCo, Inc., and Kellogg NA Co. These companies are focusing on new product launches, mergers, and acquisitions to expand their market share. The demand for digestive health products is growing significantly worldwide due to changing lifestyles leading to digestive issues. The increasing prevalence of gastrointestinal disorders and digestive infections caused by pathogens is propelling the need for digestive supplements. Moreover, growing health awareness due to the COVID-19 pandemic has boosted the sales of immunity-boosting probiotics and prebiotics. Major companies are expanding their global footprint by entering emerging markets in Asia Pacific, South America, Africa, and the Middle East through collaborations and distribution agreements. Leading players have established manufacturing and distribution facilities across different countries to cater to the rising local demand. Market Key Trends

The digestive health products market is being increasingly influenced by the trend of gut-brain connectivity. Research is providing evidence that prebiotics and probiotics play a significant role in mood, cognition, mental health, and neurological conditions through their impact on the gut-brain axis. This is fueling innovations to develop products focused on mental wellness in addition to digestive health benefits. Moreover, the growing popularity of plant-based and vegan dietary preferences is steering innovations to introduce more plant-based and dairy-free probiotic supplements. Players are also investing in clinical trials to substantiate health claims and differentiate products, focusing on novel delivery systems like gummies, powders, and chewable tablets for improved consumer experience.

Porter's Analysis

Threat of new entrants: There is moderate threat as new companies can easily enter the market with new products. Bargaining power of buyers: Buyers have moderate bargaining power as they can choose from various substitutable products available. Bargaining power of suppliers: Suppliers have low to moderate bargaining power as there are many suppliers in the market providing raw materials. Threat of new substitutes: There is high threat of new substitutes coming like probiotic food items. Competitive rivalry: The market is highly competitive as existing major players compete on the basis of product quality, innovation, marketing and brand value. Geographical Regions

North America region accounts for the largest share in the digestive health products market in terms of value owing to increasing health consciousness and changing lifestyles among consumers. Rise in healthcare expenditure and availability of various digestive health products have further augmented the market in the region. Asia Pacific region is expected to witness the fastest growth in the digestive health products market during the forecast period. Factors such as growing digestive issues due to changing dietary patterns and sedentary lifestyle coupled with rising disposable income are driving the market in the region. Increasing awareness about digestive health through various promotional activities by manufacturers is also supporting the market growth.

[rupalic]

Specialty Enzymes Market to Witness Unprecedented Growth in Coming Years

Specialty enzymes are specific proteins designed to catalyze biochemical reactions for specialized applications in various industries. These enzymes are tailored to meet the unique requirements of different industrial processes, enhancing efficiency, specificity, and performance. The global specialty enzymes market size is estimated to be valued at USD 6.1 billion in 2024 and is projected to reach USD 9.2 billion by 2029, recording a CAGR of 8.5%.

Key Applications of Specialty Enzymes:

Food and Beverage Industry:

Baking: Enzymes like amylases and proteases improve dough handling and bread quality.

Dairy: Lactases break down lactose, aiding in the production of lactose-free products.

Brewing: Proteases and beta-glucanases improve filtration and clarity in beer production.

Pharmaceuticals:

Therapeutic Enzymes: Used to treat diseases such as enzyme replacement therapies for lysosomal storage disorders.

Diagnostic Enzymes: Enzymes like glucose oxidase are used in biosensors for blood glucose monitoring.

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Biofuels:

Cellulases and Hemicellulases: Break down plant biomass into fermentable sugars for ethanol production.

Lipases: Enhance biodiesel production by breaking down fats and oils.

Textile Industry:

Amylases: Remove starch-based sizing agents from fabrics.

Cellulases: Provide a soft finish to fabrics and improve color brightness.

Agriculture:

Phytases: Improve the bioavailability of phosphorus in animal feed, enhancing nutrition.

Proteases: Enhance the digestibility of feed proteins for better animal growth.

Cosmetics and Personal Care:

Proteases and Lipases: Used in skin care products for exfoliation and moisturizing.

Hyaluronidases: Enhance the effectiveness of anti-aging treatments by breaking down hyaluronic acid.

Factors Driving the Specialty Enzymes Market Growth

Public funding and incentives for biotechnological research are critical drivers of growth and innovation in the specialty enzymes market. The EU’s Horizon Europe program, with a budget of USD 103.6 billion for 2021-2027, is focused on research and innovation, including biotechnology. This program supports projects aimed at developing advanced biotechnological processes and products. In the United States, the National Institutes of Health (NIH) allocated over USD 42.0 billion for biomedical research in 2022, with part of this funding directed towards biotechnology research, including the development of novel enzymes for medical and industrial applications.

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In India, the Biotechnology Industry Research Assistance Council (BIRAC) plays a significant role in fostering innovation and growth within the specialty enzymes market. Established by the Department of Biotechnology (DBT), Government of India, BIRAC actively supports biotech startups and research institutions through various funding schemes. One of the key initiatives is the Biotechnology Ignition Grant (BIG) scheme, which provides early-stage funding to startups and entrepreneurs with innovative ideas in biotechnology. In July 2020, BIRAC allocated Rs. 50 crores (approximately USD 6.7 million) under the BIG scheme to support around 100 startups and entrepreneurs in the biotechnology sector. This funding aims to catalyze innovation, encourage entrepreneurship, and accelerate the development of novel enzyme-based solutions for various applications in biotechnology and pharmaceuticals. By providing financial support and fostering a conducive ecosystem for research and development, initiatives like BIRAC’s BIG scheme contribute significantly to the growth and competitiveness of the enzyme market in India.

Enzymes sourced from animals hold a significant specialty enzymes market share

Animal-derived enzymes are often preferred for their high specificity and efficiency in catalyzing biochemical reactions, which is essential in various specialized processes. Pancreatic enzymes, such as trypsin and chymotrypsin, are extensively used in drug formulation and the production of biologics. These enzymes facilitate the precise cleavage of peptide bonds, crucial for developing and manufacturing therapeutic proteins and peptides. Their specificity and activity levels make them indispensable in pharmaceutical applications, significantly contributing to their market share.

Moreover, animal-derived enzymes are essential in clinical diagnostics. For example, rennet, obtained from the stomachs of calves, is used in the coagulation process for cheese production, highlighting their importance in the food industry. In clinical settings, enzymes like lactase, derived from animal sources, are used in diagnostic kits to test for lactose intolerance, demonstrating their versatility and utility in both food processing and medical diagnostics.

A notable example of the significance of animal-sourced enzymes is the use of thrombin, derived from bovine sources, in surgical procedures. Thrombin is crucial for promoting blood clotting and is used in topical hemostatic agents to control bleeding during surgeries. The high efficacy and reliability of thrombin in medical applications underscore the importance of animal-derived enzymes in the specialty enzymes market.

North America region to dominate the specialty enzymes industry during the forecast period.

North America holds the highest market share in the specialty enzymes market due to several key factors. The region is home to a robust pharmaceutical and biotechnology industry, characterized by significant investments in research and development. This investment landscape fosters innovation, leading to the development of advanced enzyme-based solutions. For instance, companies like Codexis, Inc. (US), are at the forefront of enzyme engineering, continuously developing new enzymes for pharmaceutical and industrial applications.

Moreover, the presence of well-established healthcare infrastructure and a high demand for diagnostic tools contribute to the market’s growth. Specialty enzymes are crucial in various diagnostic applications, including ELISA (Enzyme-Linked Immunosorbent Assay) tests, which are widely used in medical diagnostics. The increasing prevalence of chronic diseases such as cancer and diabetes in North America drives the demand for these advanced diagnostic tools, further propelling the specialty enzymes industry.

Top Specialty Enzymes Companies

BRAIN Biotech AG (Germany)

Novozymes A/S (Denmark)

Codexis, Inc. (US)

Sanofi (France)

Merck KGaA (Germany)

Dyadic International Inc (US)

Advanced Enzyme Technologies (India)

Amano Enzyme Inc (Japan)

F. Hoffmann-La Roche Ltd (Switzerland)

New England Biolabs (US)

BBI Solutions (UK)

Creative Enzymes (US)

Bioseutica (Netherland)

SEKISUI Diagnostics (US)

[marketinsight1234]

Alfalfa Market: Global Industry Analysis and Forecast 2023 – 2030

Global Alfalfa Market Size Was Valued at USD 265.33 metric tons In 2022 And Is Projected to Reach USD 426.11 metric tons By 2030, Growing at A CAGR of 16.2% From 2023 To 2030.

Alfalfa is a tonic plant rich in proteins, minerals, enzymes, and vitamins. A bulk quantity of the whole plant is required in the pharmaceutical industries, especially for homeopathic pharmacies. The increasing awareness regarding animal nutrition among the people is one of the important key factors driving the growth of the market. This can be attributed to the increasing consumer demand for chemical-free meat and milk-based products. Product manufacturers are using innovative processing and harvesting machinery to produce long-fiber hay cubes and hay products with enhanced fiber content.

In the US, beef industries have the most influence over alfalfa and hay prices. In terms of regional analysis, North America, particularly the US is the largest producer as well as exporter of alfalfa owing to the country's excellent geographical conditions. The country is known for its various best-quality alfalfa products.

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The latest research on the Alfalfa market provides a comprehensive overview of the market for the years 2023 to 2030. It gives a comprehensive picture of the global Alfalfa industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Alfalfa market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.

Leading players involved in the Alfalfa Market include:

S&W Seed (US), Hay USA Inc. (US), Oxbow Animal Health (US), Bailey Farms International (US), Haykingdom Inc (US), Mc Cracken Hay (US), Cubeit Hay (US), Standlee Hay (US), Al Dahra ACX Global Inc. (US), Anderson Hay & Grain (US), Green Prairie International Inc- (Canada), Carli Group (Italy), Border Valley (India), Riverina (Australia) 

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Segmentation of Alfalfa Market:

By Feed Type

Hays

Bales

Pellets

Cubes

By Application

Dairy Cow Feed

Cattle and Sheep Feed

Pig Feed

Horse Feed

Poultry Feed

By Animal Type

Cattle

Horse

By Regions: -

North America (US, Canada, Mexico)

Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)

Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)

Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)

Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)

South America (Brazil, Argentina, Rest of SA)

What to Expect in Our Report?

(1) A complete section of the Alfalfa market report is dedicated for market dynamics, which include influence factors, market drivers, challenges, opportunities, and trends.

(2) Another broad section of the research study is reserved for regional analysis of the Alfalfa market where important regions and countries are assessed for their growth potential, consumption, market share, and other vital factors indicating their market growth.

(3) Players can use the competitive analysis provided in the report to build new strategies or fine-tune their existing ones to rise above market challenges and increase their share of the Alfalfa market.

(4) The report also discusses competitive situation and trends and sheds light on company expansions and merger and acquisition taking place in the Alfalfa market. Moreover, it brings to light the market concentration rate and market shares of top three and five players.

(5) Readers are provided with findings and conclusion of the research study provided in the Alfalfa Market report.

Our study encompasses major growth determinants and drivers, along with extensive segmentation areas. Through in-depth analysis of supply and sales channels, including upstream and downstream fundamentals, we present a complete market ecosystem.

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Enzymes Market to Reach USD 77.1 Bn by 2031

The last decade has witnessed an increase in the health-conscious population, which has increased the demand for healthy food products among consumers. Apart from food products, some of the other end-use industries that have utilized enzymes include textiles, pharmaceuticals, animal feed, and personal care.

The global enzymes market is anticipated to expand at CAGR of 7.5% during the forecast period between 2022 and 2031.

Enzymes have been deployed in the manufacturing process of these products since they have proven beneficial in protein breakdown. New enzyme launches are helping prominent market players create revenue streams and gain a competitive edge over other players.

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Key Findings of Enzymes Market Study

Rising Product Demand in Biomass Fermentation Augmenting Growth in Enzymes Market: Enzymes are increasingly deployed in fermentation of biomass, which is used in biofuel production. Biofuel is witnessing increased demand owing to its high sustainability and energy-efficiency features. Rising production of biofuel is increasing the demand for biomass which is catalyzing enzyme demand, thereby propelling overall enzymes market

Rising Carbohydrases Demand in Food Production Units Triggering Growth in Overall Enzymes Market: Carbohydrases type of enzymes witnessed massive demand in 2021 and are projected to remain in high demand, during the forecast period, too. Carbohydrases have been used in food production units in the hydrolysis process of sucrose as well as in the manufacturing of fructose syrup. Increasing carbohydrases demand is augmenting the growth in global enzymes market

Enzymes Market: Key Drivers

Rising consumer demand for food and dairy products is a key growth driver of global enzymes market

Rising enzymes demand in drug development process in biotechnology industry is propelling overall market

Increasing need to accelerate chemical reactions in a bid to obtain improved end-products is catalyzing demand and augmenting the growth in enzymes market

Enzymes Market: Regional Market Insights

North America emerged as the most lucrative market in 2021. Rising enzymes demand in production of dairy products and presence of numerous prominent players in countries such as the U.S. and Canada have helped North America emerge as the dominant region in global market

Asia Pacific is projected to account for a large share in overall market during the forecast period. Factors such as rising enzymes demand in manufacturing of bakery products and increased demand for alcohol enzymes in countries such as India and China are expected to play key roles in market growth. Furthermore, manufacturers in Asia Pacific countries are expanding their output capacities for food enzymes in a bid to meet the requirements of consumers in these countries

Enzymes Market: Key Players

Presence of fewer prominent players has ensured that the competition landscape in global enzymes market is consolidated. Entry of new players, however, could intensify the competition in global enzymes market during the forecast period.

Growth strategies such as signing collaborative agreements with smaller players are helping leading enzymes market players in expanding their market presence and increasing their revenue shares.

Some of the leading players in global market include Novozymes A/S, BASF SE., AB Enzymes GmbH, Biocatalysts Ltd., and Asahi Kasei Corporation.

The global enzymes market is segmented as follows:

By Grade

Technical Grade

Specialty Grade

By Type

Carbohydrases

Proteases

Polymerases & Nucleases

Lipases

Phytases

Others

By Application

Food & Beverages Processing

Dairy Products

Bakery Products

Personal & Household Care

Animal Feed

Bioenergy

Pharmaceutical & Diagnostic

Textiles

Others

By Region

North America

Latin America

Europe

Asia Pacific

Middle East & Africa

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[bizworldinsights]

Pineapple Powder

The global Pineapple Powder market is estimated to be valued at over US$ 375 million in 2019, projecting an impressive growth of 6.7% to create a 1.8X revenue opportunity by 2028. Functioning as a nutritional supplement, Pineapple Powder is often marketed as a standalone product or used as a dusting agent in desserts, sauces, and smoothies. This natural ingredient is favored over artificial alternatives, with increased usage as a nutritional/dietary supplement for better health outcomes. Consequently, numerous food ingredient companies are actively expanding their reach in this segment, which is currently dominated by small-scale enterprises. Organic growth remains pivotal for market expansion in the Pineapple Powder sector.

The sales of Pineapple Powder are primarily influenced by the rising number of cafes and the consumption of sweets and confectionery products. Consumers are increasingly leaning towards products enriched with high nutrients and appealing flavors, making fruit powders, like Pineapple Powder, a preferred choice for dusting. The presence of the enzyme 'bromelain' in Pineapple Powder makes it an excellent source of natural colors. Consumption is expected to rise further with increasing awareness and the growth of the middle-class population. In terms of types, conventional Pineapple Powder held a substantial 95.7% market share in 2018, but this is anticipated to decline by 370 basis points during the forecast period, while organic product consumption is expected to increase.

Global Pineapple Powder Market Size and Forecast: Regional Analysis

In 2018, North America recorded the highest sales of Pineapple Powder, accounting for over 37% of net sales, primarily driven by consumption as food additives. The region's high population and urbanization levels played crucial roles in this consumption pattern. Asia Pacific is poised to experience the fastest growth during the forecast period, with India and China expected to register double-digit CAGR between 2019 and 2028. The region is witnessing the emergence of new players, fostering a significant competitive landscape.

Global Pineapple Powder Market Size and Forecast: Competition Landscape

Key players in the Pineapple Powder market include:

Aarkay Food Products Ltd.

DAMCO Phytochem & Research LLP

Modernist Pantry LLC

Harmony House Foods, Inc.

Shaanxi Dongyu Bio-Tech Co. Ltd

NutraDry

Morriko Pure Foods Pvt. Ltd

Foods & Inns

Paradiesfrucht GmbH

Hainan Nicepal Industry Co. Ltd

Research Scope:

By Ingredient Type:

Conventional

Organic

By Application:

Medical Foods

Pet Foods

Bakery and Confectionaries

Dairy Products

Nutrient Supplements

General Purpose

Infant

Others

By Distribution Channel:

B2B

Food & Beverage Processing Companies

Independent Outlets (Restaurants, Cafes, Others)

B2C

General Stores

Convenience Stores

Hypermarkets and Supermarkets

Pharma/Drug Stores

Others

[industryforecastnews]

Enzymes Market Size To Reach $20.31 Billion By 2030 | CAGR: 4.9%

Enzymes Market Growth & Trends

The global enzymes market size was estimated at USD 20.31 billion in 2030 and is expected to grow at a compound annual growth rate (CAGR) of 4.9% from 2024 to 2030. The rising consumption of products on the account of the increasing awareness regarding an individual’s health is likely to positively influence the product demand over the forecast period.

Carbohydrase is bifurcated as cellulose, amylase, pectinase, xylanase, and lactase. It is widely used as an ingredient in the formulation of carbonated drinks. The growing usage of different kinds of carbohydrases in the animal feed and pharmaceutical industry is further projected to boost the overall industry demand in the coming years.

In North America, the U.S. is dominating the market for enzymes across the region on the account of the changing consumer preferences and rising demand for organic and nutritional food items from the food & beverage industry. Furthermore, the escalating market growth from the pharmaceutical and nutraceutical industry is anticipated to fuel the industry growth over the forecast period.

The market is an oligopolistic market with major players dominating the marketspace such as DSM, Novozymes, and DuPont Danisco among others. There is a significant rise in the demand for high-quality specialty enzymes across the globe. Thus, raw material distributors and manufacturers are witnessing a spike in lucrative opportunities to offer uniform and superior quality products via a systematic supply chain network.

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Enzymes Market Report Highlights

Food & Beverages segment accounted for more than 22.9% in 2022of the industrial type share due to the rising usage of enzymes in bakery and functional food products

Industrial emerged as the largest type segment in 2022 and is estimated to generate revenue of over USD 11.42 billion by 2030

Microorganisms emerged as the largest source segment in 2022 and are estimated to generate revenue over USD 17.47 billion by 2030

North America is projected to witness the fastest growth rate of 6.6% from 2023 to 2030 due to the rising R&D activities across the developed countries coupled with the presence of numerous end-use application manufacturers in the pharmaceuticals, food & beverage, and personal care & cosmetics sector

Pharmaceutical emerged as the largest specialty type segment with a revenue share of 40.6% in 2022, due to the increasing usage of the product in different applications including wound healing, diagnosing diseases, and killing disease-causing bacteria

Enzymes Market Segmentation

Grand View Research has segmented the global enzymes market report based on type, product, source, and region

Enzymes Type Outlook (Revenue, USD Million, 2018 - 2030)

Industrial Enzymes

Food & Beverages

Meat Processing

Dairy Products

Beverages

Bakery & Confectionery

Other Food Products

Detergents

Animal Feed

Ruminants

Swine

Poultry

Aquafeed

Others

Biofuels

Textiles

Pulp & Paper

Nutraceutical

Personal Care & Cosmetics

Wastewater

Others

Specialty Enzymes

Pharmaceutical

Research & Biotechnology

Diagnostics

Biocatalyst

Enzymes Product Outlook (Revenue, USD Million, 2018 - 2030)

Carbohydrase

Proteases

Lipases

Polymerases & nucleases

Others

Enzymes Source Outlook (Revenue, USD Million, 2018 - 2030)

Plants

Animals

Microorganisms

Enzymes Regional Outlook (Revenue, USD Million, 2018 - 2030)

North America

U.S.

Canada

Mexico

Europe

UK

Germany

France

Spain

Italy

Asia Pacific

China

India

Japan

South Korea

Indonesia

Australia

Central & South America

Brazil

Argentina

Middle East & Africa

Saudi Arabia

Turkey

List of Key Players in the Enzymes Market

BASF

Novozymes

DuPont Danisco

DSM

NOVUS International

Associated British Foods Plc

Chr. Hansen Holding A/S

Advanced Enzyme Technologies

Lesaffre

Adisseo

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