Lucintel Blog: Lucintel Forecasts Lipase Food Enzyme Market to Reach $1.5 Billion by 2028

Tuesday, April 11, 2023

Lucintel Forecasts Lipase Food Enzyme Market to Reach $1.5 Billion by 2028

According to the recent study the lipase food enzyme market is projected to reach an estimated $1.5 billion by 2028 from $1.1 billion in 2023, at a CAGR of 5.4% from 2023 to 2028. Growth in this market is primarily driven by growing demand for processed food products and increasing adoption of food enzymes over emulsifiers by manufacturers so as to enhance the quality of baked products.

A more than 150-page report is developed to understand trends, opportunities and forecast in lipase food enzyme market by source (microbial, animal, and plant), application (food and beverages), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Download sample report by clicking on below link

https://www.lucintel.com/lipase-food-enzyme-market.aspx

“Microbial market is expected to remain the largest segment during the forecast period.”

Based on source, the lipase food enzyme market is segmented into microbial, animal, and plant. Lucintel forecasts that the microbial market is expected to remain the largest segment due to as it is used majorly in wide range of food processing and feed ingredients applications.

“Within the lipase food enzyme market, the food segment is expected to remain the largest application.”

Based on application the food segment is expected to witness the highest growth over the forecast period due to increasing application of enzymes in the food & beverage industry, so as to enhance the quality of products.

“Asia pacific will dominate the lipase food enzyme market in near future.”

Asia Pacific will remain the largest region due to the increasing consumer awareness regarding health benefits of fermented food products and rising demand for high-quality processed food without chemical additives.

Download Brochure of this report by clicking on https://www.lucintel.com/lipase-food-enzyme-market.aspx.

Major players of lipase food enzyme market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. DuPont, DSM, Novozymes, Kerry Group, Advanced Enzyme Technologies, Amano Enzyme, and CHR. Hansen Holdings are among the major lipase food enzyme providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/lipase-food-enzyme-market.aspx or helpdesk@lucintel.com.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056

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