Germany Food Enzymes Market 2020 Outlook and Forecasts 2025 By Top Manufacturers, Production, Consumption, Trade Statistics, and Growth Analysis


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Feb 23, 2021, 02:41 EST


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The German food enzymes market is projected to register a CAGR of 5.2% during the forecast period (2020-2025)

- The German national diet is very diverse, and the country is one of Europe’s largest food and beverage markets. Increasing health awareness, an aging population, and the resulting demand for health and wellness products are driving the market for food enzymes in Germany.
- The demand for processed and packaged foods is rising with the need to provide food security and safety. However, due to complexities in the global food supply chain, there is a need to add food additives to keep the nutritional content intact and maintain the shelf-life. Food enzymes are major food additives that convert complex molecules into simpler ones in diets.

Key Market Trends

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Increasing Application in the Bakery Sector

The growing popularity of low-carbohydrate diets is one of the major factors driving the increasing per capita consumption of baked goods as well as frozen baked goods among consumers, under different demographics in the country. As the per capita consumption of bakery goods is increasing, it is actively accelerating the demand for different food enzymes, primarily amylases, proteases, lipases, and others. Manufacturers, such as DuPont, offer a range of food enzymes with applications in different baked products, such as bread, buns, rolls and sweet goods, tortillas, cakes, and other sweet bakery goods. The presence of a wide range of food enzymes, particularly for bakery products, and increasing sales of baked products are the two major factors that have led to the increasing application of food enzymes in this segment.

Increasing Demand for Non-GMO Food Enzymes

The on-going trend of clean-labeled food products, with non-GMO being one of the fastest-growing claims in the country, is one of the major factors driving the demand for non-GMO food ingredients, including food additives such as food enzymes, in the market. There is a substantial increase in the sales of organic food and beverage products which is yet another segment driving the demand for non-genetically modified food enzymes across the country. The strong demand for clean-labeled and organic food and beverages among German consumers is primarily due to increasing awareness about the negative effects associated with the consumption of genetically modified food ingredients. This provides a great platform for the food enzymes manufacturers to expand their non-GMO product offerings and tap into this highly potential market.

Competitive Landscape

Some of the major players in the market are DuPont, BASF, Chr. Hansen AS, Associated British Foods PLC (AB Enzymes), Archer Daniels Midland Company, and others. There is a need for amendments to develop a set of guidelines to regulate the market. Some of the major players are expanding their presence in the country by acquiring domestic manufacturers. Companies, such as DuPont, are investing in marketing and branding to increase their product promotion and achieve strong sales.

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1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Porter's Five Forces Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry

5 MARKET SEGMENTATION
5.1 By Application
5.1.1 Bakery
5.1.2 Confectionery
5.1.3 Dairy and Frozen Desserts
5.1.4 Meat, Poultry, and Seafood Products
5.1.5 Beverages
5.1.6 Other Applications

6 COMPETITIVE LANDSCAPE
6.1 Most Adopted Strategies
6.2 Market Position Analysis
6.3 Company Profiles
6.3.1 BASF SE
6.3.2 DuPont
6.3.3 Associated British Foods PLC (AB Enzymes)
6.3.4 Archer Daniels Midland Company
6.3.5 Chr. Hansen AS
6.3.6 Enzymicals AG
6.3.7 Koninklijke DSM NV
6.3.8 SternEnzym GmbH & Co. KG

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

 

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