Functional Enzyme Blends Market Expected to Expand at a High CAGR By End of 2028

“Functional Enzyme Blends Market – Global Industry Trend Analysis 2013 to 2017 and Forecast 2018 – 2028”

Market Outlook: Functional Enzyme Blends

In the current scenario, the demand of consumers towards food has increased in terms of the higher level of quality, nutritional contents, natural taste and also the food that helps to maintain a functional system of the body in a healthier manner. This trend has triggered the need for a food manufacturer to develop the functional enzymes having application in food processing. Currently, the demand for functional enzyme blends is increasing the global market owing to rising number of health related problems such as digestion, immune related problems, and many others. For instance, in the U.S. around one in three people are experiencing digestive related problems. Functional Enzyme blends are comprised of some unique proprietary enzymes such as lipase, protease, cellulase, and others. Functional enzyme help in digestion of nutrients in the body helps to produce energy and also aid in the immune system.

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Reasons for covering Functional Enzyme Blends as a Title

Functional enzyme blends are employed in health supplements, pharmaceutical, bakery, confectionery, dairy, meat processing, fat and oil processing alcoholic and non-alcoholic beverages, and others. Currently, the demand for functional enzyme blends is rising among dietary supplements and food industry.  Functional enzyme blends is a relatively young market and possess high potential growth owing to the wide application in health supplements, the pharmaceutical industry, and others. Further, the demand for functional enzyme blends is primarily led by higher demand among in applications such as immunity development, obesity management, digestive management, and others.

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Global Functional Enzyme Blends Market: Segmentation

On the basis of source, the global functional enzyme blend market has been segmented as –

  • Bacterial Enzymes

  • Plant Enzymes

  • Animal Enzymes

  • Fungal Enzymes

On the basis of end-use, the global functional enzyme blend market has been segmented as –

  • Food

    • Bakery and Confectionery

    • Dairy

    • Meat Processing

    • Oil & Fat Processing

    • Others

  • Beverages

    • Alcoholic

    • Non-Alcoholic

  • Health Supplements

  • Pharmaceuticals

  • Industrial

  • Animal Feed

  • Other uses of functional enzyme blend

Global Functional Enzyme Blends Market: Key Players

Some of the key players operating in the business of functional enzyme blends market are National Enzyme Company, Advanced Enzyme Tech, Vitabase, Bioseutica, American Laboratories, Inc, Novozymes, Advanced Bio-Agro Tech Ltd., Sabinsa Corporation, Associated British Foods plc, BIO-CAT Inc., E. I. Du Pont De Nemours and Company, Enzymology Research Center, Inc., AVEVE Biochem NV, Deerland Enzymes, Enzyme Solutions, Inc., Allied Blending LP, Inc., Archer Daniels Midland Company, and others.

Estimated Global Enzyme Demand Analysis and Production Cluster, 2017

Opportunities for Market Participants in Global Functional Enzymes Blends Market

Enzyme industry is growing at much faster rate owing to increasing demand for the functional enzyme in health supplement products, food industry, textile industry, and in many other products. Companies are also seeking to expand their product portfolio in other niche areas. For instance, Advanced Enzyme Technologies Ltd.  (AETL)  is working on newer applications of enzymes in non-food based industry category.  Advanced Enzyme Technologies Ltd. is working on the application of enzymes in palm oil extraction and biodiesel, development of such enzymatic product will help in product solutions related to biodiesel and biocatalysis. Currently, in global enzymes market, North America accounts more than 40% market share in the global enzymes demand followed by Europe. Being a matured market North America and Europe, companies are targeting consumers of Asia Pacific as a primary target market in enzyme industry as rising number of consumers seeking for the healthy lifestyle and also as a preventive measure.

Global Functional Enzymes Blend Market: Key Product Launch

Below some of the product launches in functional enzyme blends market is stated

  • Functional Enzyme Blends: In 2017, Novozymes, one of the largest enzyme manufacturers has launched three new functional enzyme blends especially for liquid laundry detergent product range Medley Solutions. By using functional blend enzymes, Medley helps in removing complex stains and helps to preserve colors and fabric. Currently, Novozymes has eight regionalized products in its product category Medley Solutions.

  • Functional Enzyme Blends: In 2013, Deerland Enzymes launched two new products to target consumers seeking gluten and lactose intolerance. The Company launched Dairylytic a functional blend of enzymes for protein degradation. It is a combination of lactose and protease enzyme blend. Another product launched by Deerland Enzymes was Glutalytic to target internal and external peptide bonds which help in the formation of gluten protein.

Brief Approach to Research

Our analysis will follow a modelling-based approach and triangulation methodology to estimate data covered in this report. A detailed market understanding and assessment of the applications, types, forms and end uses of the product segments covered in the study is followed by carrying out a demand-side approach to estimate the sales of target product segments, which is then cross-referenced with a supply-side assessment of value generated over a pre-defined period. The statistics and data is collected at a regional level, consolidated and synthesized at a global level to estimate the overall market sizes.

MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

The report provides the following information:

  • Tailwinds and headwinds molding the market’s trajectory

  • Market segments based on products, technology, and applications

  • Prospects of each segment

  • Overall current and possible future size of the market

  • Growth pace of the market

  • Competitive landscape and key players’ strategies

The main aim of the report is to:

  • Enable key stakeholder’s in the market bet right on it

  • Understand the opportunities and pitfalls awaiting them

  • Assess the overall growth scope in the near term

  • Strategize effectively with respect to production and distribution

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