Lucintel Forecasts Moderate Growth for Food and Beverage Processing Enzyme Market over 2013-2018


   January 1 2013
The worldwide enzyme market for food and beverage industry is expected to reach $1.69 billion by 2018, with a moderate growth over the next five years. The use of enzyme is growing in food and beverage processing industry as it is an essential ingredient in food items. Because of their protein nature in food items, the demand for enzyme has increased. Food and beverage processing enzyme market is highly consolidated as four key players contribute approximately 90% of the market.

Lucintel, a leading global Management Consulting and market research firm, has conducted a competitive analysis on the enzyme market and presents its findings in “The Global Food and Beverage Processing Enzyme Market 2013-2018: Trends, Forecast, and Opportunity Analysis”. Increasing health concerns and declining use of emulsifier in food and beverage products provide growth opportunities to food and beverage processing enzyme manufacturers to produce more innovative products.

Lucintel analyses the challenges faced by the industry. The industry is facing growing challenges from government regulation as according to government rules, enzymes need to be certified as safe by FDA before applying it in food processing. The industry has also endured such challenges as significant drop in bakery segment and increased cost of food and beverage processing enzyme feedstock.

The report highlights the key drivers of the industry. Now-a-days, changing lifestyle has changed the food habits too. Consumers prefer ready-to-eat products. To procure them, enzymes are used. One of the biggest drivers is reduction in the use of emulsifier in baking segment. Enzymes are cost-effective and provide better food safety, thus increasing its demand in the food industry.

The report presents key insights on the food and beverage processing enzyme market with drivers and challenges which will help the manufacturers to find out their strengths and weaknesses to face the challenges.

For a detailed table of contents and pricing information on these timely, insightful reports, contact Lucintel at +1-972-636-5056 or via email at helpdesk@lucintel.com. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, insight, and cost efficiency. To learn more, visit www.lucintel.com.
 

Lucintel Corporate Customers

Market Entry, M & A, Opportunity Screening,...

Private Equity Customers

Buy Side Services (target screening, due diligence, ..)

Customer Quotes

"With more than 20 years experience in the industry, this is the first time we have come across such an extensive market analysis for our industry." Ven Cote, CEO, ZCL

"The insights we gained from Lucintel work helped with our business plan…a wonderful professional job…" Mike Jackson, Stahlin

"The report from Lucintel is useful not only for business planners, but also for the technology officers wanting to create a roadmap …" Dr. Giulio Ranzo, Booz Allen

"The information is so comprehensive, it has allowed us to identify & focus our business development efforts. It saved months of leg-work." Bill Barz, L&L Products

"We bought Lucintel report because it is the best report about our industry…a complete and appropriate analysis." Cesare Andrenacci, Ferretti

Quick Query

Solvay Divests Formulated Resins Business to ALTANA AG...
Teijin Acquires Continental Structural Plastics...
SGL Group Focuses Carbon Fiber Production at Two Major Sites...
Ube Industries and Mitsubishi Heavy Industries Merge their Group Companies in Injection Molding Machine Businesses...
Sicomin Elects Swiss Distributor Suter Kunststoffe AG...
Growth opportunities for polyurethane resin in the Global composites industry: Lucintel anticipates growth of end-use industries, demand of light-weight materials, and fast cure property of PU resin t...
Opportunities for global prepreg market to reach $6.6 billion by 2021...
Opportunity in the global foam core material market: Lucintel anticipates increasing demand for foam core material in wind energy, marine, and transportation industries to catalyze the growth within t...
Opportunity in the global water treatment chemicals market: Lucintel anticipates improving water quality standard and increasing demand for clean water to catalyze growth within the next five years...
The thermoset resin market in the global composites industry is expected to reach $13.8 billion by 2021...

Follow us on