ENZYMES MARKET ANALYSIS

Enzymes MarketSize and Trends

Factors such as growing demand for specialty enzymes and blooming pharmaceutical industry is expected to drive growth of the global enzymes market over the forecast period (2016 – 2024).

Growing health concerns due to increasing sedentary lifestyle among the populace has led to a greater emphasis on creating and perpetuating health awareness by various government and private organizations. Enzymes are used to manufacture functional foods. Consumption of functional foods can reduce the risk of several diseases, thereby increasing their demand.  These factors are expected to drive growth of the enzymes market over the forecast period. Enzymes such as protease, lipase, amylase, and cellulose are used in functional foods to enhance their functional attributes such as improvement in digestion, anti-oxidation, decreased cell aging, and nutrient properties. For instance, in order to lower cholesterol count, omega 3 fatty acids and probiotic yogurts are used as functional foods. Many scientists and researchers claim that omega 3 fatty acids also improve brain functioning.

Enzymes Market Outlook – Consumer Preference towards Functional Food to Drive the Market Growth

The global functional food market is estimated to reach US$ 65 billion by 2024 and is estimated to exhibit at a CAGR of over 15% over the forecast period.

Enzymes Market Outlook – Consumer Preference towards Functional Food to Drive the Market Growth