Industrial Enzymes Market Report Overivew
The Industrial Enzymes Market Research Report covers a detailed analysis of strategy, micro and macro market trends and scenarios, pricing analysis, and short-term market circumstances, as well as an in-depth look at the main rivals. The report covers future trends that are expected to drive the development of the Industrial Enzymes market.
𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐜𝐞𝐧𝐚𝐫𝐢𝐨:
Industrial Enzymes Market was valued at USD 7.09 Bn in 2022, and it is expected to reach USD 10.96 Billion by 2029, exhibiting a CAGR of 6.4 % during the forecast period (2023-2029).
Industrial Enzymes Market Report Scope and Research Methodology
The global Industrial Enzymes market report delineates both past and present growth trajectories, offering insights into the market's Compound Annual Growth Rate (CAGR), size, forecasts, revenue share, and pricing trends. Within the report, industry-specific challenges, lucrative opportunities, and technological advancements are expounded upon, aiding key players in enhancing their revenue and fostering growth. The report not only captures prevailing trends but also anticipates those driving the evolution of the Industrial Enzymes market. Encompassing a competitive landscape, the report delves into prospective technical and financial aspects within the Industrial Enzymes industry. It also encompasses comprehensive company profiles, encompassing details like capacity, manufacturing, pricing, costs, revenue, and relevant statistics. Utilizing a bottom-up approach, the report estimates the Industrial Enzymes market size in terms of both value and volume.
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Industrial Enzymes Market Regional Insights
The Industrial Enzymes market study includes company profiles from various regions, as well as information on their business strategies and statistics. The analysis of dynamics and the Industrial Enzymes market size has been provided at local, regional and global levels.
Industrial Enzymes Market Segmentation
by Types
• Carbohydrases
• Amylases
• Cellulases
• Proteases
• Lipases
In terms of product type, the market was dominated by the carbohydrases segment, which in 2022 accounted for over 47.0% of global revenue. Animal feed, food and drink, pharmaceuticals, and other industries all use carbohydrase enzymes. The main application of carbohydrases is as a catalyst to change carbohydrates into sugar syrup, such as glucose and fructose, which is then utilized in the food and beverage, pharmaceutical, and food industries.
Increased protein consumption as a result of consumers' growing awareness of their declining nutritional status is expected to drive demand for proteases in the food industry over the course of the forecast period. In addition, sector growth is anticipated throughout the projected period due to the expansion of the chemical, detergent, and pharmaceutical end-use industries in developing nations like China, India, and Brazil.
by Application
• Food & Beverages
• Cleaning agents
• Animal feed
• Detergents
• Waste water treatment
• others
By Application, with over 22.0% of worldwide sales, the food and beverage segment led the market in 2022. Production of nutritious food and beverage products requires the use of industrial enzymes. Customized solutions and distinct enzyme products are needed by the cheese, fruit and vegetable, fats and oils, grain, and protein processing industries, as well as by the baking, dairy, cereal extraction, and brewing sectors of the food processing industry. Food and beverage industries may reduce waste, maximize production, optimize resources, save expenses, minimize environmental damage, and improve end product quality with the help of specialized enzyme solutions.
by Source
• Microorganisms
• Plants
• Yeast
• Animals
• Fungal
According to Source, the microorganisms category accounted for more than 60% of total sales in 2022. There are three categories of microorganism-derived enzymes: yeast, fungus, and bacteria. Enzymes used in industry that are obtained from mushrooms include hydrolases, esterases, and phenol oxidases. The most popular source of bacterial enzymes is Bacillus. The food and beverage, pharmaceutical, and detergent industries use the majority of industrial enzymes. Products made from fungi are becoming more and more common since they can be found in a wide range of end industries. Since they are crucial to the production and preparation of many different food items, including beer, soy sauce, dairy products, processed fruits, and baked goods, fungus enzymes have a wide range of uses.
Industrial Enzymes Market Key Players
• Chr. Hansen,
• Novozymes A/S,
• Novus International Inc.,
• Associated British Foods (ABF) plc.
• AB Enzymes GmbH,
• E.I.du Pont de Nemours and Company,
• Advanced Enzyme Technologies Ltd.,
• Koninklijke DSM N.V.
• Amano Enzyme Inc.,
• BASF SE,
• DSM,
• DowDuPontInc,
• Roche
• Amano Enzymes Inc.
• Adisseo
• Codexis, Inc.
• F. Hoffmann-La Roche Ltd.
• Thermo Fisher Scientific Inc. (Affymetrix, Inc.)
• Amicogen Inc.
• AUM Enzymes
• Biocatalysts Ltd.
• Inofea AG
• Direvo industrial Biotechnology GMBH
• Dyadic International
• Enginzyme AB
• Enzymicals AG
• Genofocus, Inc.
• Maps Enzymes ltd.
• Speciality Enzymes and Biotechnologies company
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Key questions answered in the Industrial Enzymes Market are:
- What are the Industrial Enzymes Market segments?
- Who are the top players in the Industrial Enzymes industry?
- What is the expected Industrial Enzymes Market size by 2029?
- What was the Industrial Enzymes Market size in 2022?
- Which region held the largest Industrial Enzymes market share in 2022?
Key Offerings:
- Market Overview
- Market Share
- Market Size
- Forecast by Revenue | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis by segments, sub-segments and region
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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Table of content for the Industrial Enzymes Market includes:
Global Industrial Enzymes Market: Research Methodology
Global Industrial Enzymes Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3.Global Industrial Enzymes Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
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