Market Overview:
The global orange juice processing enzymes market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for convenience foods and rising awareness about the health benefits of orange juice. The single preparation type segment is expected to dominate the global orange juice processing enzymes market during the forecast period, owing to its ease of use and high performance. However, compound preparation type is projected to grow at a higher CAGR than single preparation type over the forecast period, as it offers better performance and efficiency than single preparations. Among applications, fresh segment dominates the global orange juice processing enzymes market with highest share in terms of revenue; however, concentrate segment is projected to grow at a higher CAGR than fresh segment over the forecast period due in part to its growing demand for convenience foods across regions.
Product Definition:
An enzyme is a protein that catalyzes a chemical reaction in the body. Enzymes are important because they are responsible for most of the chemical reactions that occur in the body. Orange juice processing enzymes are used to make orange juice more shelf-stable.
Single Preparation:
Single preparation is a process in which the food ingredients are treated with one or more enzymes to improve their taste, appearance, and other sensory attributes. The most common types of single-preparation are citrus juice processing and orange juice processing.
Citrus juices contain high levels of flavonoids that possess antioxidant properties; these properties help prevent cardiovascular diseases, cancer tumors as well as neurodegenerative conditions like Alzheimer’s disease.
Compound Preparation:
Compound preparation is a group of enzymes that are used to prepare juice from oranges and other citrus fruits. Compound preparation contains various types of enzymes such as cellulase, pectinase, amylase, and ligninase among others. These help in the process of breaking down cell walls which makes the cell contents accessible for digestion by stomach acids and enzymes or microorganisms living in the gut.
Application Insights:
Other applications include pulp and paper, cosmetics, animal feed and pharmaceuticals. The other application segment accounted for a share of over 50% in 2017. Over the past few years, there has been an increasing demand for processed orange juice across the globe owing to its health benefits as well as its use in various food products such as cocktails and desserts. Furthermore, orange juice is used extensively in cosmetic formulations due to its antioxidant properties that help prevent skin damage caused by free radicals present during UV exposure. This is expected to drive product demand over the forecast period.
Regional Analysis:
North America accounted for the largest share of over 35.0% in 2017, owing to high consumption levels and increasing demand from the fresh orange juice market. The presence of major orange juice processors including Fresh Del Monte Produce Inc., Dole Food Company, Chiquita Brands International, and Florida Crystals Corporation is expected to boost industry growth in this region.
The Asia Pacific is anticipated to witness significant growth during the forecast period due to rising disposable income levels among consumers coupled with an increase in their spending on food products such as juices. Furthermore, favorable government regulations aimed at promoting investments through FDI are expected to open new avenues for industry participants over the next eight years.
Growth Factors:
- Increasing demand for convenience foods: The growing demand for convenience foods is one of the key growth drivers for the orange juice processing enzymes market. Convenience foods are those that can be prepared or cooked quickly and easily, without much effort. This has led to an increase in the number of people who are looking for products that can help them save time in the kitchen.
- Rising awareness about health benefits of orange juice: Another key growth driver for this market is the increasing awareness about the health benefits of orange juice among consumers worldwide. Orange juice is a rich source of Vitamin C and other nutrients, which makes it a healthy drink option. It helps boost immunity, improve skin complexion, and reduce inflammation levels in the body, among others things.
- Growing popularity of smoothies: The growing popularity of smoothies is also contributing to the growth of this market as many people prefer to include smoothies as part their daily diet routine owing to their numerous health benefits.. Smoothies made with fresh fruits and vegetables are a great way to get essential nutrients into your diet easily and quickly.. And since orange juice is one if its main ingredients, its popularity will continue to grow in years to come..
Scope Of The Report
Report Attributes
Report Details
Report Title
Orange Juice Processing Enzymes Market Research Report
By Type
Single Preparation, Compound Preparation
By Application
Fresh, Concentrate, Other
By Companies
Novozymes, DuPont, DSM, AB Enzymes, Amano Enzyme, BIO-CAT, Advanced Enzymes, Infinita Biotech, Novozymes
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Orange Juice Processing Enzymes Market Report Segments:
The global Orange Juice Processing Enzymes market is segmented on the basis of:
Types
Single Preparation, Compound Preparation
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Fresh, Concentrate, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Novozymes
- DuPont
- DSM
- AB Enzymes
- Amano Enzyme
- BIO-CAT
- Advanced Enzymes
- Infinita Biotech
- Novozymes
Highlights of The Orange Juice Processing Enzymes Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Single Preparation
- Compound Preparation
- By Application:
- Fresh
- Concentrate
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Orange Juice Processing Enzymes Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Orange juice processing enzymes are used to break down the fruit's cell walls, which makes the juice more digestible and easier to consume.
Some of the major companies in the orange juice processing enzymes market are Novozymes, DuPont, DSM, AB Enzymes, Amano Enzyme, BIO-CAT, Advanced Enzymes, Infinita Biotech, Novozymes.
The orange juice processing enzymes market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Orange Juice Processing Enzymes Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Orange Juice Processing Enzymes Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Orange Juice Processing Enzymes Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Orange Juice Processing Enzymes Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Orange Juice Processing Enzymes Market Size & Forecast, 2018-2028 4.5.1 Orange Juice Processing Enzymes Market Size and Y-o-Y Growth 4.5.2 Orange Juice Processing Enzymes Market Absolute $ Opportunity
Chapter 5 Global Orange Juice Processing Enzymes Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Orange Juice Processing Enzymes Market Size Forecast by Type
5.2.1 Single Preparation
5.2.2 Compound Preparation
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Orange Juice Processing Enzymes Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Orange Juice Processing Enzymes Market Size Forecast by Applications
6.2.1 Fresh
6.2.2 Concentrate
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Orange Juice Processing Enzymes Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Orange Juice Processing Enzymes Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Orange Juice Processing Enzymes Analysis and Forecast
9.1 Introduction
9.2 North America Orange Juice Processing Enzymes Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Orange Juice Processing Enzymes Market Size Forecast by Type
9.6.1 Single Preparation
9.6.2 Compound Preparation
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Orange Juice Processing Enzymes Market Size Forecast by Applications
9.10.1 Fresh
9.10.2 Concentrate
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Orange Juice Processing Enzymes Analysis and Forecast
10.1 Introduction
10.2 Europe Orange Juice Processing Enzymes Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Orange Juice Processing Enzymes Market Size Forecast by Type
10.6.1 Single Preparation
10.6.2 Compound Preparation
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Orange Juice Processing Enzymes Market Size Forecast by Applications
10.10.1 Fresh
10.10.2 Concentrate
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Orange Juice Processing Enzymes Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Orange Juice Processing Enzymes Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Orange Juice Processing Enzymes Market Size Forecast by Type
11.6.1 Single Preparation
11.6.2 Compound Preparation
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Orange Juice Processing Enzymes Market Size Forecast by Applications
11.10.1 Fresh
11.10.2 Concentrate
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Orange Juice Processing Enzymes Analysis and Forecast
12.1 Introduction
12.2 Latin America Orange Juice Processing Enzymes Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Orange Juice Processing Enzymes Market Size Forecast by Type
12.6.1 Single Preparation
12.6.2 Compound Preparation
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Orange Juice Processing Enzymes Market Size Forecast by Applications
12.10.1 Fresh
12.10.2 Concentrate
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Orange Juice Processing Enzymes Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Orange Juice Processing Enzymes Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Orange Juice Processing Enzymes Market Size Forecast by Type
13.6.1 Single Preparation
13.6.2 Compound Preparation
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Orange Juice Processing Enzymes Market Size Forecast by Applications
13.10.1 Fresh
13.10.2 Concentrate
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Orange Juice Processing Enzymes Market: Competitive Dashboard
14.2 Global Orange Juice Processing Enzymes Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Novozymes
14.3.2 DuPont
14.3.3 DSM
14.3.4 AB Enzymes
14.3.5 Amano Enzyme
14.3.6 BIO-CAT
14.3.7 Advanced Enzymes
14.3.8 Infinita Biotech
14.3.9 Novozymes