Middle East and Africa Food Enzymes Market was worth $0.19 billion in 2022 and estimated to be growing at a CAGR of 9.7%, to reach $0.31 billion by 2028.
Enzymes are biochemical catalysts that are produced by human body. Some enzymes which are vital for digestion process like pepsin is produced by human body. But, not all the enzymes required by the body are produced. Some are obtained from external sources.
With the increase in awareness of nutritional diet and also the demand for packaged food increased the demand for food enzymes which enhance the digestion process by breaking down the complex carbohydrates and fats in to simpler molecules. Previously enzymes were considered to be non-toxic for people as they are already present in the food. But, extraction of enzymes from genetically engineered animals and microorganisms required the enzymes to be tested for safety.
The increased application of food enzymes in fermentation to produce alcoholic and non-alcoholic beverages, increased demand for food enzymes by food product manufacturers to use in the processing of food are the major factors driving the market. Many technological advancements taking place in the food industry and the invention of different applications of food enzymes are also driving the market growth. High cost of research and development activities and consolidation of markets due to the buyouts made by major companies are retraining the market.
The food enzymes market is divided into Carbohydrases, Proteases and Lipases based on the type of enzymes. Carbohydrases dominate Food Enzymes Market in this segment as it is used to convert starch into sugar during alcohol production. On the basis of application of food enzymes, the market is divided into Beverage, Processed Food, Dairy, Bakery and Confectionery. Bakery products hold the largest market in this segment. It is mainly due to the application of food enzymes in bakery products such as increasing stability of dough and uniformity of brown bread etc. Food enzymes are divided into Lyophilized powder and liquid forms based on their forms. The food enzymes market is divided based on the source of the enzymes as Plants, Animals and microorganisms.
Geographically the Middle East and Africa Food Enzymes Market is segmented into KSA, UAE, Israel, rest of GCC countries, South Africa, Ethiopia, Kenya, Egypt, Sudan and Rest of MEA. The growth rate of food enzyme market in this region is somewhat slow. Due to engaging in constant warfare many regions are not available to do business. With the investment of large private organizations in this region is helping the growth of market. Developing countries like South Africa has huge potential for the growth of food enzymes market.
Key Players in the Market:
Major Key Players in the MEA Food Enzymes Market are
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