Lucintel's latest market report analyzed that protease food enzyme provides attractive opportunities in the food and beverage industries. The protease food enzyme market is expected to reach $1.4 billion by 2028 with a CAGR of 5.6%. In this market, lyophilized powder is the largest segment by form, whereas food is largest by application.

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Based on form, the protease food enzyme market is segmented into lyophilized powder, liquid, and others. The lyophilized powder 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 more durable and less prone to degradation as compared to liquid enzymes.

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The Protease Food Enzyme Market is marked by the presence of several big and small players. Some of the prominent players offering protease food enzyme include DuPont, Associated British Foods, DSM, Novozymes, CHR. Hansen, Kerry Group, Puratos Group, Advanced Enzyme Technologies, and Amano Enzyme.

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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.