Amylase Price Trend and Forecast

Amylase Regional Price Overview

Get the latest insights on price movement and trend analysis of Amylase in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Amylase Price Trend for the Second Half of 2023

The enzyme amylase has important industrial applications in many different fields. It makes starch liquefaction and saccharification easier in the food sector for making syrups, sweeteners, and fermented goods like bread and beer. It is also used in the detergent business to remove stains made of starch. Amylase is also used in the paper and pharmaceutical industries, demonstrating its versatility as an essential enzyme in many industrial processes.
 

Amylase Price Chart

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However, among these downstream industries, the food additive sector is the most significant driver of the amylase price trends. In the third and fourth quarters of 2023, the amylase market faced several challenges. A number of food giants across the globe have faced the imposition of bans on several food additivities which led to a slowing down in their production activities. This halt in the market led to only limited procurement of amylase and thus caused fluctuations in its prices. Additionally, the persistent inflation in the food market amid a limited budget forced the consumers to adopt a wait-and-see approach, negatively influencing the amylase price trend.

Analyst Insight

According to Procurement Resource, the price of Amylase is expected to fall in the footsteps of the downstream food and flavor industries. Along with this, the rise in sanctions on the food additives industries might also contribute to determining the trajectory of amylase prices.

Procurement Resource provides latest prices of Amylase. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.