Press release
Enzymes Market Set to Boom in Coming Years 2026| Key Players include Sanofi S.A., BASF, Roche Holding AG, BBI Enzymes Ltd., Codexis Inc., Affymetrix Inc., and AB Enzymes.
Enzymes are molecular catalysts that accelerate chemical reactions to produce the desired end-result. Enzymes include most proteins and RNA molecules. Enzyme activity can be regulated by activators and inhibitors, which help increase and decrease the activity of enzymes, respectively. Among product types, Lyases help in catalyzing the structural formation of bonds within an atomic structure by adding or removing chemical groups. The ligases can catalyze the bonding between different substrates with the help of an energy source. Isomerases activate the restructuring of chemicals within a particular molecule.Download PDF Brochure Of This Report @ https://www.coherentmarketinsights.com/insight/request-pdf/257
Europe, followed by North America is expected to lead the global enzymes market over the forecast period, owing to high demand for functional food and presence of large end-use industries such as food and pharmaceuticals in these developed regions. However, rampant economic growth in emerging economies of India and China, along with burgeoning growth of various end-use industries in Asia Pacific are expected to position the region as the fastest-growing region in the global enzymes market over the forecast period. Asia Pacific is expected to be the most lucrative region in the enzymes market due to the growing population, which stirs the demand for food and pharmaceuticals, and the increasing inclination towards functional food among the populace.
Enzymes Market Taxonomy
On the basis of source, the global market is classified into:
Plant
Animal
Microorganisms
On the basis of product type, the global market is classified into:
Ligases
Isomerases
Lyases
Oxidoreductases
Transferases
Factors including growing demand for specialty enzymes, blooming pharmaceutical industry and focus on increased production in every end-use industry is expected to drive growth of the global enzymes market over the forecast period (2016 – 2024).
Enzymes are widely used in the manufacturing of biofuels, paper, starch, dairy products, biological detergents, while they are also used in molecular biology and in the food processing and brewing industries, among others.
Skin allergies triggered by detergents containing enzymes, coupled with high costs associated with the safe handling of enzymes act as barriers for growth of the global enzymes market. Enzymes used in detergents such as sodium tripolyphosphate, sodium alkane carboxylates, and bacillus protease reportedly cause skin and eye infections. Key players operating in the global enzymes market include Sanofi S.A., BASF, Roche Holding AG, BBI Enzymes Ltd., Codexis Inc., Affymetrix Inc., and AB Enzymes.
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