Market Trends

Food Enzymes Market Overview : To capitalize over the growing demand for convenience food, the F&B sector added an additional front into its product portfolio with the advent of frozen, packaged, and processed food. Packaged foods items are comprised of complex molecules, which are difficult to digest naturally. With the growth in uptake of packaged foods globally, application of food enzymes developed as an inevitability for F&B companies. Food enzymes are generally used as food additives to enrich digestibility, texture, and shelf life of food and beverages. Flourishing packaged food industry combined with increased awareness among consumers regarding nutritional and health benefits of natural food enzymes has boosted the global  food enzymes market  size to $1,610 million as of 2018. Food Enzymes Market Outlook: The food enzymes market is bifurcated by type into variants such as carbohydrates, lipases, and proteases. Innovation has enabled the players to exploit several end-

Food Allergens and Intolerance Testing Market Overview: According to the World Allergy Organization (WAO), anaphylaxis in emergency rooms ranged from 222, 300-350, and 3,000 episodes on an annual basis in Hungary, Japan, and China respectively. Furthermore, the organization estimates the prevalence rate of anaphylaxis to be 2%, 0.1%, and 0.6-1% of the population in the U.S., Korea, and Australia. [1]  Evidently, anaphylaxis is caused majorly due to food allergy, and the growing rates have been offering opportunities in the  food allergen and intolerance testing market , which had an impressive valuation of $467.74m in 2018. The market is poised to grow at a profitable compound annual growth rate (CAGR) of 11.20% from 2019 to 2025. Request Sample The Food Drugs Administration (FDA) has made food safety an imperative aspect of the food industry, which is making up for the thriving North America food intolerance testing market. Furthermore, there has been a discernible increase in the num