Forecast on Proteases Market to Significant Growth Foreseen by 2016-2026

The amino acids are organic compounds containing amine and carboxylic groups. In proteins are these amino acids are linked by peptide bonds. Proteases are the class of enzymes which catalyzes the hydrolysis reaction of peptide bonds in proteins. There are different types of proteases which differ on their source type, some of which includes ficain, asclepian, papain, clostripain etc. The mechanisms of proteases include serine proteases, cysteine proteases, metalloproteases, glutamic acid proteases etc. Generally, proteases from fungal and bacterial source are modified genetically by transfer of some genes or by deleting to enhance their performance.

Thus, genetically engineered proteases result in enhanced catalytic activities, stability, modified pH and temperature levels. Proteases are widely used in food applications such as in dairy it helps in milk coagulation, flavor modification whereas in a bakery it enhances gluten development. Other food applications include seafood processing, animal protein processing, in yeast hydrolysis, etc.The proteases market is primarily driven by the growth of food and detergent industries. The high demand for cleaning formulation drives the global proteases market. Besides, Protease is an important ingredient in the pharmaceutical application. This is also a factor for the growth of global proteases market.

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The global proteases market is segmented on the basis of source of organism, active pH range, application, and end user. Based on the organism source, global proteases market is segmented into: Plant source (chymosin, trypsin, pepsin), Animal source (bromelain, papain, ficin), Bacterial (subtilisin, bacillopeptidases), Fungal (Aspergillopepsin); Based on the active pH range, global proteases market is segmented into: Acid proteases, Alkaline proteases, High-alkaline proteases, Neutral proteases; Based on application, the global proteases market is segmented into: Pharmacology & drug manufacture, Industrial applications, Waste treatment, Hard surface cleaning formulations, Contact lens cleaning formulations, Animal feeds additives, Digestive supplements; Based on end user, the global proteases market is segmented into: Food Detergent, Industrial, Pharmaceutical, Others.

The global proteases market is geographically divided in to five key regions including North America, Latin America, Europe, Asia-Pacific and Middle East & Africa.North America and Europe holds maximum share in the global proteases market. The detergent, pharmaceutical industries contributes majorly in the consumption of proteases. However, in Asia Pacific proteases market is in its growth phase, where major industries include food and pharmaceutical. China, Korea, Japan, Taiwan, Vietnam are important countries for proteases market growth prospectus. Latin America and MEA are expected to grow quite slower during the forecast period due to economic conditions.

Key Players: Some of the key players identified in the global proteases market are Noor Enzymes Pvt Ltd, Novozymes, Associated British Foods plc, Chr. Hansen Holding A/S, DuPont, DSM N.V etc.

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