Press release
DSM, Novus International, Inc., Profiled in Enzymes Market 2018-2024 | Prominent Players – Novozymes, BASF, Novozymes, CHR HANSEN GIDA A.Ş., AB Enzymes, Asahi Kasei Pharma America, BioResource International, Inc., Aumgene Biosciences Pvt Ltd, Genencor,
Enzymes Market
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Company Profiles
1. Novozymes
2. BASF
3. DSM
4. Novus International, Inc.
5. AB Enzymes
6. Asahi Kasei Pharma America
7. Novozymes
8. CHR HANSEN GIDA A.Ş.
9. Genencor, A Danisco Division
10. Codexis, Inc.
11. BioResource International, Inc.
12. Aumgene Biosciences Pvt Ltd
13. Hayashibara
14. National Enzyme Company
15. Roche
16. EDT-Enzymatic Deinking Technologies, LLC
17. DIREVO Biotech AG
18. DIREVO Biotech AG
19. Lumis Biotech
20. Aum Enzymes
21. Caprienzymes
22. PAC Bio Fungbact
23. Amano Enzyme Inc.
24. Specialty Enzymes & Probiotics
25. Advanced Enzymes
Enzymes enhance the chemical reactions involved in production process of detergents, textile, pulp & paper and personal care products. Enhancing the stain removal along with improved effectiveness of detergents are the key aspects driving the market growth.
Development of enzymes as cost effective alternative for synthetic catalyst has stimulated the industry demand. Improving product quality, reduced energy consumption & hazards, low chemical discharge along with multifunctionality properties will encourage the industrial applications.
Technological advancement in production process along with product innovations including psychrozymes will fuel the industry growth. Regulatory compliance for natural and biological solutions has enhanced the product demand. Additionally, rising product demand in curd, whey, yogurt and cheese production will support the enzymes market growth.
Proteases is estimated to value over USD 2.4 billion by 2024. Strong outlook in food processing, detergents, and biofuels due to high stability and wide range pH properties will drive the demand. However, increasing concerns on side effects including itching, cramps, nausea, & rashes along with stringent FDA standards on product usage may hamper the industry growth.
Browse key industry insights spread across 1270 pages with 1887 market data tables & 14 charts & figures from the report, “Enzymes Market Size By Product (Proteases, Lipases, Carbohydrases [Amylases, Xylanases/Hemicellulase, Cellulase, Pectinase], Polymerases & Nucleases, Phytases), By Application (Food & Beverages, Detergents, Animal Feed, Biofuels, Textile, Pulp & Paper, Personal Care & Cosmetics, Nutraceutical, Wastewater), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Sweden, Austria, Poland, Russia, Spain, China, India, Japan, South Korea, Indonesia, Thailand, Malaysia, Australia, Brazil, Argentina, Mexico, South Africa, UAE, Saudi Arabia, Kuwait, Egypt), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/enzymes-market
Carbohydrases dominated the global enzymes market accounting for more than 50% in 2016. Converting carbohydrates into beneficial glucose, fructose and other sugar syrups are the key factors fueling product demand. High application scope in pharmaceutical, animal feed and sport drinks will trigger the demand.
Food & beverages accounted for more than 36% of the overall industry share in 2016. Rising product consumption in food processing including bakery, beverages, dairy, meat, fruits and protein hydrolysis will propel the industry demand.
Biofuels market generated over 24 kilotons in terms of volume in 2016. High dependency on enzymes in biofuel industry will provide a positive outlook for industry demand. Growing biodiesel production particularly in the U.S. and Europe due to environmental regulations will support the industry growth.
The Asia Pacific enzymes market is predicted to record a CAGR of 9% over the forecast timeline owing to rise in population and growing beef import from countries like South Korea and China. Furthermore, expansion of pharmaceutical and detergents sectors in Indonesia, China, and Malaysia are predicted to contribute significantly towards the regional growth.
The Europe enzymes market worth USD 1 billion in 2015, is predicted to witness a substantial growth over the forecast period due to rise in demand for cattle feed and its hybrid variants.
The North American market is anticipated to grow at a rate of 8% over the period of 2016-2024 Rising need for processed foods coupled with the growth of food & beverages sector in the U.S. is projected to boost the regional growth.
Key market players include Roche Holding AG, Adisseo, DSM, Lonza Group, Danisco, Novozymes, BASF, and Chr. Hansen. Industry players will try to increase their market share through constant innovation and investments in R&D activities.
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