The Latin America, Middle East and Africa Lipase Food Enzymes Market would witness market growth of 12.8% CAGR during the forecast period (2023-2029).
The development of new food categories and the increase in the number of nuclear families. The requirement for food enzymes from healthy food product manufacturers is driven by various factors. Enzyme-assisted products have high nutritional value and aid in the digestion of food. They also facilitate the breakdown of the food consumed into essential proteins, fats, and carbohydrates, providing optimal nutrition.
The evolving population is increasingly gravitating towards value-added food categories and prioritizing health, resulting in an important effect on the nutritional products demand like lipase food products. The growing demand for nutritionally rich and healthy food among consumers has increased the manufacturing of food processors. The lipase food enzymes market is experiencing growth due to the increasing demand for nutritional food products that meet the dietary needs of the population. Nutritional food manufacturers include enzymes in their goods to meet this demand.
The Middle East and Africa's rising dietary demand for products made from animals is anticipated to fuel market expansion throughout the forecast period. A rise in the demand for more effective animal health services to promote food safety has also been brought on by the region's large increase in animal farming. The regional demand for lipase in animal feed has expanded due to the microbiology field's quick advances. In addition, the demand for lipase in animal feed will be influenced by rising consumer awareness of the advantages of animal health. As a result, the regional lipase food enzymes market will grow exponentially in the coming years.
The Brazil market dominated the LAMEA Lipase Food Enzymes Market by Country in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $15.5 million by 2029. The Argentina market is estimated to grow a CAGR of 13.4% during (2023 - 2029). Additionally, The UAE market would showcase a CAGR of 12.5% during (2023 - 2029).
Based on Application, the market is segmented into Food & Beverage Processing, Animal Feed, and Others. Based on Food & Beverage Processing Type, the market is segmented into Bakery Products, Dairy Products, and Others. Based on Form, the market is segmented into Powder and Liquid. Based on Source, the market is segmented into Microorganisms, Animals and Plants. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Lipase Food Enzymes Market is Projected to reach USD 679.5 Million by 2029, at a CAGR of 6.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Chr. Hansen Holding A/S, Associated British Foods PLC (Wittington Investments Limited), Biocatalysts Limited (Brain Biotech AG), Novozymes A/S (Novo Holdings A/S), BASF SE, Infinita Biotech Private Limited, Antozyme Biotech Pvt Ltd, Jiangsu Yiming Biological Technology Co., Ltd., Creative Enzymes and Enzyme Development Corporation.
Scope of the Study
Market Segments Covered in the Report:
By Application
- Food & Beverage Processing
- Bakery Products
- Dairy Products
- Others
- Animal Feed
- Others
By Form
By Source
- Microorganisms
- Animals
- Plants
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Chr.Hansen Holding A/S
- Associated British Foods PLC (Wittington Investments Limited)
- Biocatalysts Limited (Brain Biotech AG)
- Novozymes A/S (Novo Holdings A/S)
- BASF SE
- Infinita Biotech Private Limited
- Antozyme Biotech Pvt Ltd
- Jiangsu Yiming Biological Technology Co., Ltd.
- Creative Enzymes
- Enzyme Development Corporation
TABLE 1 LAMEA Lipase Food Enzymes Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Lipase Food Enzymes Market, 2023 - 2029, USD Million
TABLE 3 LAMEA Lipase Food Enzymes Market by Application, 2019 - 2022, USD Million
TABLE 4 LAMEA Lipase Food Enzymes Market by Application, 2023 - 2029, USD Million
TABLE 5 LAMEA Food & Beverage Processing Market by Country, 2019 - 2022, USD Million
TABLE 6 LAMEA Food & Beverage Processing Market by Country, 2023 - 2029, USD Million
TABLE 7 LAMEA Lipase Food Enzymes Market by Food & Beverage Processing Type, 2019 - 2022, USD Million
TABLE 8 LAMEA Lipase Food Enzymes Market by Food & Beverage Processing Type, 2023 - 2029, USD Million
TABLE 9 LAMEA Bakery Products Market by Country, 2019 - 2022, USD Million
TABLE 10 LAMEA Bakery Products Market by Country, 2023 - 2029, USD Million
TABLE 11 LAMEA Dairy Products Market by Country, 2019 - 2022, USD Million
TABLE 12 LAMEA Dairy Products Market by Country, 2023 - 2029, USD Million
TABLE 13 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 14 LAMEA Others Market by Country, 2023 - 2029, USD Million
TABLE 15 LAMEA Animal Feed Market by Country, 2019 - 2022, USD Million
TABLE 16 LAMEA Animal Feed Market by Country, 2023 - 2029, USD Million
TABLE 17 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 18 LAMEA Others Market by Country, 2023 - 2029, USD Million
TABLE 19 LAMEA Lipase Food Enzymes Market by Form, 2019 - 2022, USD Million
TABLE 20 LAMEA Lipase Food Enzymes Market by Form, 2023 - 2029, USD Million
TABLE 21 LAMEA Powder Market by Country, 2019 - 2022, USD Million
TABLE 22 LAMEA Powder Market by Country, 2023 - 2029, USD Million
TABLE 23 LAMEA Liquid Market by Country, 2019 - 2022, USD Million
TABLE 24 LAMEA Liquid Market by Country, 2023 - 2029, USD Million
TABLE 25 LAMEA Lipase Food Enzymes Market by Source, 2019 - 2022, USD Million
TABLE 26 LAMEA Lipase Food Enzymes Market by Source, 2023 - 2029, USD Million
TABLE 27 LAMEA Microorganisms Market by Country, 2019 - 2022, USD Million
TABLE 28 LAMEA Microorganisms Market by Country, 2023 - 2029, USD Million
TABLE 29 LAMEA Animals Market by Country, 2019 - 2022, USD Million
TABLE 30 LAMEA Animals Market by Country, 2023 - 2029, USD Million
TABLE 31 LAMEA Plants Market by Country, 2019 - 2022, USD Million
TABLE 32 LAMEA Plants Market by Country, 2023 - 2029, USD Million
TABLE 33 LAMEA Lipase Food Enzymes Market by Country, 2019 - 2022, USD Million
TABLE 34 LAMEA Lipase Food Enzymes Market by Country, 2023 - 2029, USD Million
TABLE 35 Brazil Lipase Food Enzymes Market, 2019 - 2022, USD Million
TABLE 36 Brazil Lipase Food Enzymes Market, 2023 - 2029, USD Million
TABLE 37 Brazil Lipase Food Enzymes Market by Application, 2019 - 2022, USD Million
TABLE 38 Brazil Lipase Food Enzymes Market by Application, 2023 - 2029, USD Million
TABLE 39 Brazil Lipase Food Enzymes Market by Food & Beverage Processing Type, 2019 - 2022, USD Million
TABLE 40 Brazil Lipase Food Enzymes Market by Food & Beverage Processing Type, 2023 - 2029, USD Million
TABLE 41 Brazil Lipase Food Enzymes Market by Form, 2019 - 2022, USD Million
TABLE 42 Brazil Lipase Food Enzymes Market by Form, 2023 - 2029, USD Million
TABLE 43 Brazil Lipase Food Enzymes Market by Source, 2019 - 2022, USD Million
TABLE 44 Brazil Lipase Food Enzymes Market by Source, 2023 - 2029, USD Million
TABLE 45 Argentina Lipase Food Enzymes Market, 2019 - 2022, USD Million
TABLE 46 Argentina Lipase Food Enzymes Market, 2023 - 2029, USD Million
TABLE 47 Argentina Lipase Food Enzymes Market by Application, 2019 - 2022, USD Million
TABLE 48 Argentina Lipase Food Enzymes Market by Application, 2023 - 2029, USD Million
TABLE 49 Argentina Lipase Food Enzymes Market by Food & Beverage Processing Type, 2019 - 2022, USD Million
TABLE 50 Argentina Lipase Food Enzymes Market by Food & Beverage Processing Type, 2023 - 2029, USD Million
TABLE 51 Argentina Lipase Food Enzymes Market by Form, 2019 - 2022, USD Million
TABLE 52 Argentina Lipase Food Enzymes Market by Form, 2023 - 2029, USD Million
TABLE 53 Argentina Lipase Food Enzymes Market by Source, 2019 - 2022, USD Million
TABLE 54 Argentina Lipase Food Enzymes Market by Source, 2023 - 2029, USD Million
TABLE 55 UAE Lipase Food Enzymes Market, 2019 - 2022, USD Million
TABLE 56 UAE Lipase Food Enzymes Market, 2023 - 2029, USD Million
TABLE 57 UAE Lipase Food Enzymes Market by Application, 2019 - 2022, USD Million
TABLE 58 UAE Lipase Food Enzymes Market by Application, 2023 - 2029, USD Million
TABLE 59 UAE Lipase Food Enzymes Market by Food & Beverage Processing Type, 2019 - 2022, USD Million
TABLE 60 UAE Lipase Food Enzymes Market by Food & Beverage Processing Type, 2023 - 2029, USD Million
TABLE 61 UAE Lipase Food Enzymes Market by Form, 2019 - 2022, USD Million
TABLE 62 UAE Lipase Food Enzymes Market by Form, 2023 - 2029, USD Million
TABLE 63 UAE Lipase Food Enzymes Market by Source, 2019 - 2022, USD Million
TABLE 64 UAE Lipase Food Enzymes Market by Source, 2023 - 2029, USD Million
TABLE 65 Saudi Arabia Lipase Food Enzymes Market, 2019 - 2022, USD Million
TABLE 66 Saudi Arabia Lipase Food Enzymes Market, 2023 - 2029, USD Million
TABLE 67 Saudi Arabia Lipase Food Enzymes Market by Application, 2019 - 2022, USD Million
TABLE 68 Saudi Arabia Lipase Food Enzymes Market by Application, 2023 - 2029, USD Million
TABLE 69 Saudi Arabia Lipase Food Enzymes Market by Food & Beverage Processing Type, 2019 - 2022, USD Million
TABLE 70 Saudi Arabia Lipase Food Enzymes Market by Food & Beverage Processing Type, 2023 - 2029, USD Million
TABLE 71 Saudi Arabia Lipase Food Enzymes Market by Form, 2019 - 2022, USD Million
TABLE 72 Saudi Arabia Lipase Food Enzymes Market by Form, 2023 - 2029, USD Million
TABLE 73 Saudi Arabia Lipase Food Enzymes Market by Source, 2019 - 2022, USD Million
TABLE 74 Saudi Arabia Lipase Food Enzymes Market by Source, 2023 - 2029, USD Million
TABLE 75 South Africa Lipase Food Enzymes Market, 2019 - 2022, USD Million
TABLE 76 South Africa Lipase Food Enzymes Market, 2023 - 2029, USD Million
TABLE 77 South Africa Lipase Food Enzymes Market by Application, 2019 - 2022, USD Million
TABLE 78 South Africa Lipase Food Enzymes Market by Application, 2023 - 2029, USD Million
TABLE 79 South Africa Lipase Food Enzymes Market by Food & Beverage Processing Type, 2019 - 2022, USD Million
TABLE 80 South Africa Lipase Food Enzymes Market by Food & Beverage Processing Type, 2023 - 2029, USD Million
TABLE 81 South Africa Lipase Food Enzymes Market by Form, 2019 - 2022, USD Million
TABLE 82 South Africa Lipase Food Enzymes Market by Form, 2023 - 2029, USD Million
TABLE 83 South Africa Lipase Food Enzymes Market by Source, 2019 - 2022, USD Million
TABLE 84 South Africa Lipase Food Enzymes Market by Source, 2023 - 2029, USD Million
TABLE 85 Nigeria Lipase Food Enzymes Market, 2019 - 2022, USD Million
TABLE 86 Nigeria Lipase Food Enzymes Market, 2023 - 2029, USD Million
TABLE 87 Nigeria Lipase Food Enzymes Market by Application, 2019 - 2022, USD Million
TABLE 88 Nigeria Lipase Food Enzymes Market by Application, 2023 - 2029, USD Million
TABLE 89 Nigeria Lipase Food Enzymes Market by Food & Beverage Processing Type, 2019 - 2022, USD Million
TABLE 90 Nigeria Lipase Food Enzymes Market by Food & Beverage Processing Type, 2023 - 2029, USD Million
TABLE 91 Nigeria Lipase Food Enzymes Market by Form, 2019 - 2022, USD Million
TABLE 92 Nigeria Lipase Food Enzymes Market by Form, 2023 - 2029, USD Million
TABLE 93 Nigeria Lipase Food Enzymes Market by Source, 2019 - 2022, USD Million
TABLE 94 Nigeria Lipase Food Enzymes Market by Source, 2023 - 2029, USD Million
TABLE 95 Rest of LAMEA Lipase Food Enzymes Market, 2019 - 2022, USD Million
TABLE 96 Rest of LAMEA Lipase Food Enzymes Market, 2023 - 2029, USD Million
TABLE 97 Rest of LAMEA Lipase Food Enzymes Market by Application, 2019 - 2022, USD Million
TABLE 98 Rest of LAMEA Lipase Food Enzymes Market by Application, 2023 - 2029, USD Million
TABLE 99 Rest of LAMEA Lipase Food Enzymes Market by Food & Beverage Processing Type, 2019 - 2022, USD Million
TABLE 100 Rest of LAMEA Lipase Food Enzymes Market by Food & Beverage Processing Type, 2023 - 2029, USD Million
TABLE 101 Rest of LAMEA Lipase Food Enzymes Market by Form, 2019 - 2022, USD Million
TABLE 102 Rest of LAMEA Lipase Food Enzymes Market by Form, 2023 - 2029, USD Million
TABLE 103 Rest of LAMEA Lipase Food Enzymes Market by Source, 2019 - 2022, USD Million
TABLE 104 Rest of LAMEA Lipase Food Enzymes Market by Source, 2023 - 2029, USD Million
TABLE 105 Key information – Chr. Hansen Holding A/S
TABLE 106 Key Information – Associated British Foods PLC
TABLE 107 Key Information – Biocatalysts Limited
TABLE 108 key Information – Novozymes A/S
TABLE 109 Key Information – BASF SE
TABLE 110 Key Information – Infinita Biotech Private Limited
TABLE 111 Key Information – Antozyme Biotech Pvt Ltd
TABLE 112 Key Information – Jiangsu Yiming Biological Technology Co., Ltd.
TABLE 113 Key Information – Creative Enzymes
TABLE 114 Key Information – Enzyme Development Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments:Chr. Hansen Holding A/S