The India food enzymes market size reached US$ 178.4 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 330.8 Million by 2032, exhibiting a growth rate (CAGR) of 7.1% during 2024-2032.
Report Attribute
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Key Statistics
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Base Year
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2023
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Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Size in 2023
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US$ 178.4 Million |
Market Forecast in 2032
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US$ 330.8 Million |
Market Growth Rate 2024-2032 | 7.1% |
Food enzymes refer to biocatalysts that aid in the breakdown of nutrients, such as proteins, carbohydrates, fats and vitamins, into simpler forms. They are commonly available in the form of protease, amylase, lipase and cellulase. These enzymes are usually manufactured using plant, animal and microbial-sourced ingredients. They aid in improving the flavor, texture and fragrance of the food products and are widely used in the manufacturing of bakery products, cheese and starch processing, meat tenderizing and production of fruit juices.
The increasing demand for food enzymes from the food and beverage industry is one of the key factors favoring the market growth. Resulting from changing lifestyles and improving dietary patterns, there is a rising demand for nutrient-rich food and beverages across India. This has further led to the increasing adoption of food enzymes to enhance the quality of these products. Additionally, widespread utilization of food enzymes for the extraction, clarification and filtration of fruit and vegetable juices is also contributing to the market growth. Some of the other factors driving the growth of the market across the country include extensive research and development (R&D) by poultry producers on protease to improve protein digestion and the development of innovative techniques to synthesize these enzymes naturally.
IMARC Group provides an analysis of the key trends in each sub-segment of the India food enzymes market report, along with forecasts at the country and regional level from 2024-2032. Our report has categorized the market based on type, source, formulation and application.
Breakup by Type:
Breakup by Source:
Breakup by Formulation:
Breakup by Application:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Features | Details |
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Base Year of the Analysis | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Units | US$ Million |
Segment Coverage | Type, Source, Formulation, Application, Region |
Region Covered | North India, West and Central India, South India, East India |
Customization Scope | 10% Free Customization |
Report Price and Purchase Option | Single User License: US$ 2699 Five User License: US$ 3699 Corporate License: US$ 4699 |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
The India food enzymes market was valued at US$ 178.4 Million in 2023.
We expect the India food enzymes market to exhibit a CAGR of 7.1% during 2024-2032.
The rising demand for nutrient-rich beverages, along with the increasing utilization of food enzymes for the extraction, clarification, and filtration of fruit and vegetable juices, is primarily driving the India food enzymes market.
The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of food enzymes across the nation.
Based on the type, the India food enzymes market can be segmented into carbohydrase, protease, lipase, and others. Currently, carbohydrase holds the majority of the total market share.
Based on the source, the India food enzymes market has been divided into microorganisms, bacteria, fungi, plants, and animals. Among these, microorganisms currently exhibit a clear dominance in the market.
Based on the application, the India food enzymes market can be categorized into beverages, processed foods, dairy products, bakery products, confectionery products, and others. Currently, beverages account for the largest market share.
On a regional level, the market has been classified into North India, West and Central India, South India, and East India.