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Thanks to a range of applications in the food industry and beyond, the demand for food enzymes will grow steadily over the next few years. In addition to being used in food for nutrition enhancement, food enzymes are also used in non-alcoholic and alcoholic beverages to improve quality, in animal feeds to aid in the digestion process, and in nutraceutical products. According to analysts at Technavio, the global food enzyme market is poised to grow at a CAGR of over 7% by 2020. Expect to see increased consolidation of vendors in the market in the next several years, as well as the emergence of private labels, which will fuel competition to a great extent.
In this blog, we identify the key and prominent vendors in the market.
Key vendors
Amway
Amway, founded in 1959 and based in Michigan, is an American company that sell a variety of products, primarily in the health, beauty, and home care markets. Its product lines include home care products, personal care products, jewelry, electronics, Nutrilite dietary supplements, water purifiers, air purifiers, insurance, and cosmetics. Amway conducts business through a number of affiliated companies in more than a hundred countries around the world.
BASF
BASF SE is the largest chemical producer in the world and is headquartered in Germany. The BASF Group comprises subsidiaries and joint ventures in more than 80 countries and operates six integrated production sites and 390 other production sites in Europe, Asia, Australia, Americas and Africa. The company’s broad portfolio ranges from chemicals, plastics, performance products and crop protection products to oil and gas. In 2015, BASF posted sales of €70 billion and income from operations before special items of approximately €6.7 billion.
Dupont Danisco
DuPont Nutrition & Health combines in-depth knowledge of food and nutrition with current research and expert science to deliver unmatched value to the food, beverage and dietary supplement industries. The DuPont™ Danisco® range of food ingredients has the largest food ingredient portfolio – covering everything from hydrocolloids to dairy cultures and food.
DSM
Royal DSM is a global science-based company active in health, nutrition and materials. DSM delivers innovative solutions that nourish, protect and improve performance in global markets such as food and dietary supplements, personal care, feed, medical devices, automotive, paints, electrical and electronics, life protection, alternative energy and bio-based materials. DSM and its associated companies deliver annual net sales of about €10 billion with approximately 25,000 employees.
Novozymes
Novozymes is a global biotechnology company headquartered in Copenhagen, Denmark. The company’s focus is on the research, development and production of industrial enzymes, microorganisms, and biopharmaceutical ingredients. As of 2013, the company holds an estimated 48% of the global enzyme market, making it the world’s largest producer of industrial enzymes.
Other prominent vendors
AB Enzymes
AB Enzymes is an industrial biotech company specialized in enzymes and their applications. Since 1907, the company has developed, manufactured and supplied enzyme preparations for industrial applications worldwide. AB Enzymes’ products range from food grade enzymes for baking and beverages, grains and vegetable oil seeds processing, to enzymes for animal feed and technical applications: pulp & paper, textiles and laundry detergents. The company is part of Associated British Foods and is represented worldwide.
Aum Enzymes
Aum Enzymes is a metabolic engineering firm specializing in industrial technical grade enzymes produced by solid state fermentation and submerge fermentation. The firm’s core skills are total enzymes solutions under one roof. Aum enzymes has been serving the needs of technical grade enzymes users in various fields, including the textile and animal feeds industries.
Roche
Roche is a leader in providing pharmaceutical and diagnostic solutions that make a profound difference in people’s lives. The company serves a broad base of healthcare facilities and practitioners across the country, working in partnership with them to ensure the diagnostics and therapies it delivers meet the medical needs of today and of the future.
Amano
Amano Enzyme Inc., along with its subsidiaries, develops, produces, and sells enzymes for pharmaceutical, food processing, dietary supplement, nutraceutical, biotransformation, and diagnostic industries in Japan. It offers medical and food processing enzymes that are used in digestive aid products, antiinflammatory enzyme preparations, chiral synthesis, diagnostic kits, dairy products, seasonings, alcoholic drinks, and breads. The company also offers non-animal and non-GMO enzymes in the United States, Canada, and Central and South America.
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