Press release
Enzyme Stabilizer Market: Growing Emphasis on Biodiesel Production Creating Opportunities || Key Players: Evonik Industries, Bio World, Hayashibara Co Ltd, Diarect AG
The Fact.MR study opines that demand for enzyme stabilizers is also likely to grow on account of prevailing health and wellness trend. Growing demand of fruit juices has influenced brands to optimize the quality without significantly raising the costs. The use of enzymes as competent biocatalysts in fruit juice manufacturing process is witnessing a surge, creating opportunities for stakeholders in the enzyme stabilizer market. According to the report, among the various enzymes used for fruit juice production, demand is especially strong for pectinases as the pectin structure breakdown supports the purification process.
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Market Structure
The report offers a comprehensive analysis and forecast on the enzyme stabilizer market on the basis of segmental analysis. Main segments identified in the enzyme stabilizer market report include region, product type, source, end-use application, and form. The analysts at Fact.MR have analyzed the enzyme stabilizer market segments, thereby, offering a crystal clear comparison between vital market information, including Y-o-Y growth, the market share, revenue, and volume.
Top Players Hold 50-55% of Enzyme Stabilizer Market Revenues, Expansion of Production Capacity Remains a Key Strategy
Tier 1 companies, including Cargill Inc., Archer Daniels Midland, and Roche Diagnostics International Limited account for nearly 50-55% market share. This indicates a high consolidation of the enzyme stabilizer market at the top. The tier 2 and tier 3 market players account for 25-30% and 15-25% market share respectively. The prominent market players in enzyme stabilizer market are focusing on maintaining their hegemony. Expansion of production capacities and vertical integration for business development are among the key strategies of Tier 1 players.
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Wide-Ranging Applications Fuelling Growth
A wide range of industries, including food and beverage, pharmaceutical, detergent, and biofuel, have reaped the benefits of enzyme catalysis in commercial-scale applications, whereas, other industries, like fine chemical production and natural gas conversion have recently realized its use. The advantages of biocatalysis are usually multifaceted in industrial-scale chemical production, whereas, enzymes prove to be impressive catalysts, due to mild reaction conditions, low environmental impact, and high product selectivity.
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