Juices Processing Enzymes Market Report Overview
-
Request a Free Sample to learn more about this report
The global juices processing enzymes market size was USD 529.32 million in 2021 and is projected to touch USD 964.37 million by 2031 at CAGR 6.18% during the forecast period.
The global COVID-19 pandemic has been unprecedented and staggering, with the juices processing enzymes market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels.
As people are becoming more and more health conscious, there is a rising demand for fruit juices. The majority of juice extraction techniques do not result in juices of sufficient quantity or quality. Juices produce more when they are extracted enzymatically. Cellulase, Pectinase, and others are the principal enzymes employed. Along with facilitating juice extraction, adding enzymes also causes the juice's different phenolic as well as other nutritionally significant components to release more quickly. Enzymatic clearing also enhances juice appearance. Juice quality has been enhanced in terms of lower turbidity, reduced viscosity, and increased filterability. In order to prevent juice from darkening and to debitter citrus fruit juices, enzymes are also utilized.
The rising popularity of processed juices and growing knowledge of their positive effects on health are two factors that have contributed to the market's expansion. Due to the rising need for the clarity and stability of fruit juices, the pectinase market is anticipated to expand at the greatest CAGR over the forecast period. Since amylase is heavily utilized in starch hydrolysis processes in numerous industries, including food and beverage, pharmaceuticals, and the production of biofuels, it accounted for a significant portion of the global market for juices processing enzymes.
COVID-19 Impact: Suspension of Operations Impacted the Enzymes Industry
The market for juices processing enzymes has suffered significantly as a result of the COVID-19 epidemic. The market for processing enzymes has been impacted by the suspension of operations in the production and end-use sectors. The epidemic has impeded the industry's overall expansion. The COVID-19 pandemic's sudden emergence in 2020 and the beginning of 2021 had prompted the adoption of strict lockdown laws in a number of countries, which had disrupted the import and export of juices processing enzymes.
Latest Trends
"Develop Ideas so that Customers can Switch Out Conventional Chemicals with Environmentally Friendly Ones"
The frontrunner in bioinnovation globally is Novozymes. They collaborate with others to develop fresh ideas and rethink several global sectors. Customers can utilize raw resources more effectively, switch out conventional chemicals for more environmentally friendly ones, consume less energy, and provide higher-quality goods thanks to their industrial enzymes, microbes, biopolymers, and other proteins. Each day, they reconsider commonplace items. A novel, cutting-edge enzyme solution for cleansing surgical instruments and devices, for instance, was announced by Novozymes on June 30, 2020.
Juices Processing Enzymes Market Segmentation
-
Request a Free Sample to learn more about this report
- By Type Analysis
According to type, the market can be segmented into Amylase, Pectinase, Protease and Cellulase
- By Application Analysis
Based on application, the market can be divided into Food & Beverage, Chemical, Commercial and Others
Driving Factors
"Rise in Preferences for Healthy Ingredients will Steer the Juice Processing Industry"
Consumers have recently become more interested in entire meals with good nutrition that have been fortified with dietary supplements. In emerging nations, rising consumer knowledge and rising population numbers have influenced customers' choice for functional foods made with healthy ingredients. A study from the Rochester Institute of Technology (U.S.) found that consumers favor goods with health claims on the package. As a result, businesses have altered their labeling to highlight the substances' positive effects on health. Governments have launched programmes all around the world to encourage food producers to add items with nutritional qualities. Nearly 1,600 consumers participated in the 2018 food and beverage survey conducted by L.E.K. Consulting, and the results show that 63% of consumers attempt to eat healthily most of the time, while 93% of customers wish to do so at least some of the time. Consumers' views and preferences toward wholesome, environmentally friendly meals and beverages were surveyed.
"Increase in Consumption of Processed Fruits and Juices will Propel the Market Growth"
Vitamins, minerals, and soluble fiber are abundant in fresh juices, supporting the growth of healthy bacteria and digestive health. They make an effort to control cholesterol levels, blood sugar levels, and how quickly food moves through the digestive system. Nuts, oats, and beans provide soluble fiber, while fruit and vegetable juice is a healthy way to achieve your recommended daily intake. Apple juice and orange juice both provide nearly three grams of beneficial soluble fiber. The body will receive more vitamins, nutritional components, and minerals from freshly squeezed juice than from the majority of canned or bottled alternatives. Natural sugars in freshly squeezed juice assist the body manufacture energy. Fructose, a type of cane sugar found in fruit, helps control blood glucose levels and curbs hunger. These factors will drive the demand for the juices processing enzymes market growth during the anticipated time frame.
Restraining Factors
"The Limitations of using Enzymes to Process Juices will Prevent the Market from Expanding"
Fruit juices are the liquid that the edible section of the fruit presses out under pressure or through other mechanical ways. They often have a turbid or hazy appearance and contain colloidal suspensions of insoluble cellular components together with varying amounts of finely split tissue. In general, fruit juices have a solid matter percentage of 5-20%. (fresh weight). Some juices are drunk as they are, which is naturally foggy. They might include waxy or greasy components as well as carotenoid pigments originating from the fruit's rind or skin. Clarification of these liquids would damage their flavor and appearance since they are linked to insoluble cellular components. Certain fruits are not suited for straight processing into juice due to their flavor or color pigments since they are mostly linked to the pulp particles, which are occasionally too thick to be ingested. By pulverizing the entire fruit to produce purees, they are frequently transformed into pulp goods. Other fruits are not ideal for immediate consumption as they are either too acidic or have a flavor that is overpowering.
Juices Processing Enzymes Market Regional Insights
-
Request a Free Sample to learn more about this report
"Rising Demand for the Enzymes from Various Industries is Driving the Regional Market"
The rise of the processed food and beverage industry is mostly to blame for North America's dominance of the juices processing enzymes market share and market revenue in 2021. Additionally, a rise in demand across a number of industries, such as juice production, brewing, and food processing, is expected to drive the growth of the processing enzymes North America market. Additionally, the government has also taken action to promote technological advancements in North America that are crucial components in the market for enzymes used in the processing of juice.
During the projected timeline, Asia Pacific is anticipated to experience the quickest CAGR. The market expansion for juices processing enzymes in Asia Pacific is being driven by the rising use of juices processing enzymes in processed products as well as the rising number of food processing businesses. In addition, increasing industrialization and a rise in the number of companies producing and supplying the enzymes used during juice processing, especially in the region's emerging countries, are having an impact on the market for juice enzymes.
Key Industry Players
"Key Players Focus on Research and Development to Satisfy the Demands of the Customers "
Due to a small number of dominant businesses, the industry structure is extremely concentrated. By creating novel items and acquiring smaller industry participants, the manufacturers are attempting to further consolidate the market. The market's largest share is anticipated to be held by the powerful firms already in place. The market is fiercely cutthroat and heavily dependent on technology. To produce high-quality products that satisfy the demands of contemporary consumers for clean-label products, the major manufacturers are increasing their research and development spending. One of the important methods used by the top companies to enhance their market position is the addition of unique enzymes to their product portfolios for the industry of food and beverages.
List of Market Players Profiled
- Group Soufflet (France)
- Novozymes A/S (Denmark)
- AB Enzymes (Germany)
- Wilmar BioEthanol (Singapore)
- Chemzyme Biotechnology Co.,Ltd (China)
- DuPont (U.S.)
- Associated British Foods Plc (U.K.)
- Koninklijke DSM N.V. (Netherlands)
- Biotech, spol s.r.o. (Czech Republic)
Report Coverage
This report covers the juices processing enzymes market. The CAGR expected to be in during the forecast period, and also the USD value in 2024 and what it is expected to be in 2031. The effect COVID-19 had on the market in the beginning of the pandemic. The latest trends taking place in this industry. The factors that are driving this market as well as the factors that are restraining the growth of industry. The segmentation of this market based on type and applications. The region leading in the industry and why they will continue to do so during the forecast period. Further, the key market players, what all is being done by them to stay ahead of their competition as well as retain their market positions. All these details are covered in the report.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 529.32 Million in 2021 |
Market Size Value By |
US$ 964.37 Million by 2031 |
Growth Rate |
CAGR of 6.18% from 2021 to 2031 |
Forecast Period |
2024-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Types & Application |
Frequently Asked Questions
-
What value is the global juices processing enzymes market expected to touch by 2031?
The global juices processing enzymes market is expected to touch USD 964.37 million by 2031.
-
What CAGR is the juices processing enzymes market expected to exhibit during 2024-2031?
The juices processing enzymes market is expected to exhibit a CAGR of 6.18% over 2024-2031.
-
Which are the driving factors of the juices processing enzymes market?
Rise in preferences for healthy ingredients will steer the juice processing industry and increase in consumption of processed fruits and juices will propel the market growth are the driving factors of the juices processing enzymes market.
-
Which are the top companies operating in the juices processing enzymes market?
Group Soufflet, Novozymes A/S, AB Enzymes, Wilmar BioEthanol and Chemzyme Biotechnology Co.,Ltd are the top companies operating in the juices processing enzymes market.