Food & Beverage Market Research News

US' food enzymes market is expected to grow at a CAGR of 5.8% during 2018 to 2023 illuminated by new report

Food & Beverage Market Research

US is the market leader for enzyme production and consumption globally. It accounts for the 65% of the market share in North America.

The total enzyme market was estimated to be USD 351 million in 2015 and is expected to grow at a CAGR of 5.8%. The market is driven by the increased consumption of processed food products, increased expenditure in premium quality products and consumer preference for the natural ingredients used in the products.