Product Code: RP-ID-10347498 |
Published Date: 21 Oct 2022 |
Region: NA |
Category: Chemicals |
Report ID: 10347498
Market Overview:
Global Enzymes Market Size study, by Application (Industrial Enzymes and Specialty Enzymes), Product (Carbohydrase, Proteases, Lipases, Polymerases & Nucleases and Others), Source (Plants, Animals and Microorganisms) and Regional Forecasts 2020-2027
Global Enzymes Market is valued approximately USD 9.9 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 7.1% over the forecast period 2020-2027. Enzymes are proteins that acts as a catalyst in all living organisms such as animals, plants, humans and microorganisms. They serve as compounds that increase chemical reactions in biological systems. The increasing demand for high quality food products, paper processing, biofuels, rubber processing, molecular biology and others is expected to fuel the growth in the market along with increasing investments in research and biotechnology by prominent market players. For Instance: in 2020, Chr. Hansen Holding A/S acquires Jennewein Biotechnologie GmbH for the expanding and strengthening its microbial and fermentation technology platforms. However, regulatory scenarios and regional jurisdiction is expected to impede the growth of the market over the forecast period of 2020-2027. Also, with the growing awareness concerning the application of enzymes in protein engineering technology is likely to increase the market growth during the forecast period.
The regional analysis of global Enzymes market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is the leading/significant region across the world in terms of market share owing to inclination toward reducing greenhouse emissions and promoting the production of biofuels. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as increasing consumption of animal feed, detergent, food and beverages products in the region would create lucrative growth prospects for the Enzymes market across Asia-Pacific region.
Major market player included in this report are:
BASF SE
DuPont Danisco
Novozymes A/S
DSM N.V.
Novus International
Associated British Foods plc
Chr. Hansen Holding A/S
Advanced Enzyme Technologies
Lesaffre Group
BBI Solutions
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Application:
Industrial Enzymes
Specialty Enzymes
By Product:
Carbohydrase
Proteases
Lipases
Polymerases & Nucleases
Others
By Source:
Plants
Animals
Microorganisms
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027
Target Audience of the Global Enzymes Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
DuPont Danisco
Novozymes A/S
DSM N.V.
Novus International
Associated British Foods plc
Chr. Hansen Holding A/S
Advanced Enzyme Technologies
Lesaffre Group
BBI Solutions
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Proof of Quality & Reliability
