Industrial Enzymes Market By Global Market Share, Size, Demand, Sales, Price, Revenue, Gross Margin Forecast Till 2027

  

Industrial Enzymes Market 2020-2027

 

Market Highlights

The global Industrial Enzymes Market accounted for USD 6.2 billion in 2018 and is expected to register a CAGR of 5.6% during the forecast period of 2019 to 2024. There is an increasing demand for the enzymes in various industries such as food & beverages, feed, textiles, pharmaceuticals and nutraceuticals, and biofuel. The ability of enzymes to increase production is one of the major factors boosting the demand for industrial enzymes. Furthermore, the development of genetically modified enzymes has created lucrative opportunities for industrial enzymes manufacturers.

 

Access Complete Report @ https://www.marketresearchfuture.com/reports/industrial-enzymes-market-8094

 

Regional Analysis

On the basis of region, the global Industrial Enzymes Market has been divided into North America, Europe, Asia-Pacific, and the rest of the world.

The market in North America is expected to dominate the global Industrial Enzymes Market. Growing food processing industry in the region has boosted the demand for the industrial enzymes. The market in Asia-Pacific region is expected to record the fastest growth during the forecast period.

Segmentation

Based on type, the global Industrial Enzymes Market has been divided into carbohydrases, proteases, lipases, and others. The carbohydrases segment is further categorized as amylase, glucanase, cellulase, and others. The carbohydrases segment accounted for the largest market share in 2018 owing to the growing application in the food & beverages and pharmaceutical industries. Cellulase enzyme market is also contributing significantly to the growth of the carbohydrases market due to its growing application in the biofuel industry. However, the others segment is projected to register the highest growth rate owing to high demand and potential for polymerases, nucleases, and various genetically engineered enzymes.

Key Players

Some of the key players in the global Industrial Enzymes Market are BASF SE (Germany), DowDuPont (US), Associated British Foods PLC (UK), Koninklijke DSM N.V. (Netherlands), Novozymes A/S (Denmark), Dyadic International Inc. (US), Advanced Enzyme Technologies Ltd (India), Adisseo (China), Chr. Hansen Holding A/S (Denmark), Amano Enzyme Inc. (Japan), Codexis Incorporated (US), AB Enzymes (Germany), BioResource International Inc. (US), Lesaffre (France), and Cargill Inc. (US).

 

NOTE: Our Team of Researchers is Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.

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