Press release
What's Driving Enzymes Market Trends? Key Company Profiled In Sanofi S.A., BASF, Roche Holding AG, BBI Enzymes Ltd., Codexis Inc., Affymetrix Inc., and AB Enzymes.
Enzymes
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.
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.
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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
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.
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.
Growing health concerns due to the increasing sedentary lifestyle among the populace, has led to a greater emphasis on creating and perpetuating healthcare awareness by various government and private organizations. This, in turn, has resulted in consumer awareness of the reduced disease risk attributes of functional foods, thus increasing the demand for it.
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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