
According to a new market research report " Food Enzymes Market By Type (Carbohydrase, Protease, Lipase), Application (Beverage, Processed Food, Dairy, Bakery, Confectionery), Source (Plant, Microorganism, Animal), Form (Lyophilized Powder, Liquid), & By Region - Global Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2016–2021)", published by MarketDataForecast™, the market is expected to reach USD 2.97 Billion by 2021 from USD 2.06 Billion in 2016, at a CAGR of 7.7%. Factors such as increasing use of food enzymes in the process of fermentation and knowing about the health benefits of using food enzymes are driving the growth of this market.