Why Industrial Enzymes Market are Booming So Rapidly? Industry in-Depth Analysis with Booming Trends ||DSM N.V. (The Netherlands), F. Hoffmann-La Roche AG (Switzerland), AB Enzymes GmbH (Germany), Advanced Enzyme Technologies Ltd. (India), Sigma-Aldrich C

Published on 27 Jun 2019:

Meticulous Research® – leading global market research company studying a market titled “Industrial Enzymes Market by Type (Carbohydrases, Proteases, Lipases, Phytases), Source (Plant, Animal, Microorganism), by Form (Liquid, Solid), Application (Food processing, Detergents and Cleaners, Biofuel, Textiles, Pulp and Paper, Animal Feed), and Region - Global Forecast to 2024’’.

Synthetic chemicals are used to produce everything from fertilizers and detergents to processed foods, cosmetics, and pharmaceuticals. The synthesis chemical industry is huge, and production is expensive and time consuming, and often leads to toxic waste streams. Many synthetic chemical cause unacceptable side effects such as skin or respiratory systems problem, damage to central nervous system, immune system etc. However, industrial enzymes are sustainable option to the use of harmful chemicals in the industry because they work under mild conditions, thus, reducing energy consumption, and thereby, decreasing greenhouse gas emissions. In addition, industrial enzymes reduce water consumption and chemical waste and minimize by-products generation, posing minimal risk to humans and the ecosystem. Thus, the use of enzymes is regarded as safe, cost-effective, and an environmentally friendly.

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The industrial enzymes market study presents historical market data in terms of value (2017 and 2018), estimated current data (2019), and forecasts for 2024 - by type, source, and end user industries. The study also evaluates industry competitors and analyzes the market at regional and country level.

Carbohydrases segment Dominate the Global Industrial Enzymes Market, by Type

Carbohydrases segment accounted for the largest market share of the global industrial enzymes market in 2018. The large share of this segment is attributed to their increasing usage in food and beverages. Amylase is the most common type of carbohydrases, which finds applications in various industrial processes, such as food, fermentation, etc.

Food Processing Segment Dominate the Global Industrial Enzymes Market, by Application

Food processing segment accounted for the largest market share in 2018. The large share of this segment is mainly attributed to the rising demands for food, disposable income, and health awareness.

Asia-Pacific: The Fastest Growing Regional Market

North America commanded the largest share of the global industrial enzymes market in 2018, followed by Asia-Pacific, Europe, Latin America, and Middle East & Africa. However, during the forecast period, Asia-Pacific will be the fastest growing regional market due to the rising population, high disposable income, rising demand for food and beverages, changing lifestyle of people in developing economies such as China and India, growing food processing industry, and rapid industrialization.

Key Topics Covered in This Report:
1 Introduction
2 Research Methodology
3 Market Environment
4 Industry Structure
5 Executive Summary
6 Market Insights
7 Industrial Enzyme Market, by Type
8 Industrial Enzyme Market, by Source
9 Global Industrial Enzyme Market, By Formulation
10 Industrial Enzyme Market, by End-use Industries
11 Industrial Enzyme Market, by Geography
12 Competitive Landscape

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Key Players in the Industrial Enzymes Market

The report includes an extensive assessment of the key strategic developments adopted by leading market participants in the industry over the past 4 years (2016-2019). For instance, in September, 2018, Novozymes A/S and DSM N.V. launched the world’s first enzyme to improve gut functionality for broiler chickens. It enables broilers to better take up nutrients, and poultry farmers can use less feed and move towards a more sustainable production.

Company Profiles (Business Overview, Financial Overview, Products Portfolio, Strategic Developments)
13.1. Koninklijke DSM N.V.
13.2. F. Hoffmann-La Roche AG
13.3. AB Enzymes GmbH
13.4. Advanced Enzyme Technologies Ltd.
13.5. Sigma-Aldrich Corporation
13.6. Adisseo France SAS
13.7. AEB Africa (Pty) Ltd.
13.8. Zymetech ehf
13.9. Enzymatica AB
13.10. Novus International, Inc.
13.11. Bioresource International, Inc.
13.12. Biocatalysts Limited
13.13. Lesaffre et Compagnie, SA
13.14. Qingdao Vland Biotech Co., Ltd.
13.15. Aum Enzymes
13.16. Novozymes A/S
13.17. Nature Bioscience Pvt.Ltd.
13.18. E. I. Du Pont De Nemours and Company
13.19. BASF SE
13.20. Dyadic International Inc.
13.21. Chr. Hansen Holding A/S

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Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, with the help of its unique research methodologies, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa regions.

This release was published on openPR.