(Entertainment-NewsWire.com, September 27, 2017 ) According to the report Europe Fruit & Vegetable Processing Enzymes Market, published by Market Data Forecast, the Market was worth USD 7.36 billion in 2016 and is estimated to be growing at a CAGR of 6.9%, to reach USD 10.27 billion by 2021. The process of inducing changes deliberately in the food before the consumption is called food processing. As fruits and vegetables get spoiled after certain amount of time and as they are not available throughout the year, they are processed and packed as frozen or dried foods.
Enzymes are used in the processing of fruits and vegetables to improve the product quality reducing processing time and expenditure. Enzymes are used to produce nectars, pulps and juices from fruits and vegetables with increased yields and also to reduce wastage. Pectinase enzymes in conjunction with amylases, proteinases and other enzymes reduce viscosity of juices and also to prevent sedimentation.
Advances in enzyme production technologies resulting in reduction of costs of enzymes are boosting the market. Increase in demand for nutritional and low calorie diets in developed countries, changing lifestyles demanding readily available food without preparation and increasing application of fruit processing enzymes in beverages industry are also driving the market. Market consolidation due to buyouts and acquisitions made by major companies and regulations on packaged foods are restraining the market.
The Europe Fruit & Vegetable Processing Enzymes Market is segmented on the basis of type, application, product type, form, source and region. On the basis of type of enzymes, the market is segmented into Amylase, Pectinase, Protease, Cellulase and other enzymes. Pectinase segment holds the largest market share in this segment as it is most commonly used enzyme in fruit juice industry. On the basis of application, the market is segmented into fruits and vegetables. On the basis of product types, the market is segmented into Juices, wines and ciders, pastes and purees and others. Based on form, the market is segmented into liquid and powder forms. Both forms are almost equally preferred in various industries. The source of enzymes is segmented into bacteria and fungi. Fungi such as yeast are widely used in various processing industry but genetically modified bacteria are used for certain enzyme production.
Europe Fruit & Vegetable Processing Enzymes Market is geographically segmented into U.K, Germany, France, Spain and Italy. The market is significant in this region only next to North America. It is due to the growth in disposable incomes in developed countries of this region and increasing focus on healthy diet.
Some of the major companies in fruit and vegetable processing enzymes market are E. I. du Pont de Nemours and Company, Associated British Foods Plc, Novozymes A/S, Group Soufflet, Koninklijke DSM N.V., Biocatalysts, Amano Enzyme Inc., Sunson Industry Group and Advanced Enzymes.
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