Lucintel's latest market report analyzed that lipase food enzyme provides attractive opportunities in the food and beverage segments. The lipase food enzyme market is expected to reach $1.5 billion by 2028 with a CAGR of 5.4%. In this market, microbial is the largest segment by source, whereas food is largest by application.
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Based on source, the lipase food enzyme market is segmented into microbial, animal, and plant. The microbial segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, as it is used majorly in wide range of food processing and feed ingredients applications.
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The Lipase Food Enzyme Market is marked by the presence of several big and small players. Some of the prominent players offering lipase food enzyme include DuPont, DSM, Novozymes, Kerry Group, Advanced Enzyme Technologies, Amano Enzyme, and CHR. Hansen Holdings.
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