Food Enzymes Market to Reach $3.66 Billion by 2030

Food Enzymes Market by Type (Carbohydrases [Amylases, Cellulases], Proteases, Lipases), Form (Solid, Liquid), Source (Microorganisms, Plants, Animals), Application (Bakery, Dairy, Beverages, Grain & Oilseed Processing) – Global Forecast to 2030

According to this latest publication from Meticulous Research®, the food enzymes market is projected to reach $3.66 billion by 2030, at a CAGR of 7.3% from 2023 to 2030. The growth of the food enzymes market is mainly driven by the growing demand for fermented food & beverage products, nutraceuticals, and fortified food, coupled with technological innovations in the enzymatic food processing industry. However, stringent regulations and restrictive temperatures and pH levels of enzymes are expected to restrain the growth of this market.