PUBLISHER: Allied Market Research | PRODUCT CODE: 1298427
PUBLISHER: Allied Market Research | PRODUCT CODE: 1298427
The term "lipases" refers to enzymes that hydrolyze fats. They originate from a variety of organs, such as the pancreas, intestines, gastric fluids, adipose tissues, lysosomes, blood, etc. They hydrolyze dietary lipids such as triglycerides in order to create fatty acids and glycerol. They are a member of an enzyme class known as esterase, which changes ester into alcohol and acid.
The global lipase food enzymes market is analyzed based on source, form, application, and region. By source, the market is divided into microorganisms, animals, and plants. By form, the market is divided into powder and liquid. By application, it is classified into food & beverage processing, animal feed, and others. Furthermore, the food & beverage processing segment is classified into bakery products, dairy products, and others. Region wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy, Spain, Russia, Netherlands, Poland, and the rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, Indonesia, Thailand, Malaysia, and the rest of Asia-Pacific), and LAMEA (Brazil, Argentina, South Africa, Middle East, and the rest of LAMEA).
The impact of the COVID-19 outbreak was moderate on the growth of the global lipase food enzymes market. The trade restrictions and lockdown resulted in the halting of production and manufacturing units. Conversely, the recovery of the lipase food enzymes market is expected in the near future.
The popularity of nutrient-dense food products is rapidly expanding globally. This nutritional awareness is related to the increase in urbanization, pollution, diseases, and altered dietary practices. The factors such as government initiatives to educate rural population about nutrition, an increase in the proportion of educated and working women, and a lack of time for meal preparation are driving the need for nutrient-dense ready to eat meals. While population in the Asian countries is expanding, there is an increased need for nutrient-dense foods, which is influenced by the introduction of new food categories, exposure to western products, and an increase in nuclear families. The high nutritional value and assistance in food digestion and the breakdown of consumed food into essential proteins, fats, and carbohydrates for optimum nutrition. are the factors that have led to an increase in the demand for lipase food enzymes in the global market. As a result, growing consumer knowledge of the nutritional benefits of lipase food enzymes is fueling the expansion of the global market for these products.
The usage of lipase food enzymes as ingredients in food processing has led to ongoing improvement and evolution of the industry's safety regulatory framework. These frameworks include guidelines for the use of food enzymes, including lipases, in food processing, as well as regulations for their labeling and packaging. Lipase food enzymes fall into two categories under the food law: food additives and food processing aids. The classification of lipase food enzymes is essential since pre-market authorization, including safety review, is only necessary for additives in specific countries. Also, the definitions of additives and processing aids vary across different countries and regions, contributing to the regulatory uncertainty restricting market growth.
The major players operating in the global lipase food enzymes market are: Creative Enzymes, Enzyme Development Corporation, Infinita Biotech Private Limited, Laboratoire Therascience Luxembourg, AB Enzymes, Advanced Enzymes, Angel Yeast Co., Ltd., Antozyme Biotech Private Limited, BASF SE, Biocatalysts Limited, Bioven Ingredients, Chr. Hansen Holdings A/S, Novozymes A/S, Ultreze Enzymes Private Limited, and Yiming Biotechnology.