Press release
Industrial Enzymes Market to Witness Huge Growth by Key Players: BASF, Novozymes, DuPont, DSM, Kerry Group, Dyadic International, Advanced Enzymes, Amano Enzymes, Megazyme, Biocatalysts and Others.
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The Industrial Enzymes Market is estimated to be valued at USD 5.9 Billion in 2020 and is projected to reach USD 8.7 Billion by 2026, recording a CAGR of 6.5%, in terms of value. This report spread across 202 pages, profiling 20 companies and supported with 119 tables and 50 figures are now available in this research.
Top Key Players Profiled in the Industrial Enzymes Market:
o BASF (Germany)
o Novozymes (Denmark)
o DuPont (US)
o DSM (Netherlands)
o Kerry Group (Ireland)
o Dyadic International (US)
o Advanced Enzymes (India)
o Chr. Hansen (Denmark)
o Amano Enzymes (Japan)
o Megazyme (Ireland)
o Aumgene Biosciences (India)
o Biocatalysts (UK)
o Enzyme Supplies (UK)
o Creative Enzymes (US)
o Enzyme Solutions (US)
o Enzymatic Deinking Technologies (US)
o Sunson Industry Group (China)
o MetGen (Finland)
o Denykem (UK)
o Tex Biosciences (India)
"By type, the proteases segment is projected to grow at the highest CAGR during the forecast period."
Proteases are essential enzymes for the digestion of protein and have become significant for use in the food & beverage industry. Proteases can hydrolyze all types of proteins, provided that they are not components of living cells. These enzymes can be obtained from plants, animals, and microorganisms in several conditions, such as high salt concentrations.
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"By source, the microorganism segment is estimated to account for the largest share."
Based on source, the industrial enzymes market is segmented into microorganism, plant, and animal. The microorganism segment is estimated to account for the largest share of the industrial enzymes market as it is a primary source due to its special characteristics and other biochemical properties. In addition, microbial enzymes are an important source of raw materials for industrial applications due to their diversity.
"The Asia Pacific region is projected to grow at the highest CAGR during the forecast period"
The industrial enzymes market in the Asia Pacific region is largely driven by industrial shift and technological advancements that have made enzymes available for a wide range of applications. Developed markets such as North America and Western Europe are becoming mature, which has led to faster growth in developing markets such as Asia Pacific. Furthermore, the changing consumer preference in the food & beverage industry has contributed to the growth of the industrial enzymes market in this region.
Breakdown of primary participants' profile:
o By Value Chain: Supply side - 57% and Demand side - 43%
o By Designation: CXOs - 29%,Managers-21%, and Executives-50%
o By Region: North America - 34%, Europe - 37%,Asia Pacific - 16%,and RoW - 13%
Competitive Landscape of Industrial Enzymes Market:
1 Introduction
2 Competitive Leadership Mapping (Overall Market)
2.1 Visionary Leaders
2.2 Dynamic Differentiators
2.3 Innovators
2.4 Emerging Companies
3 Strength Of Product Portfolio (Overall Market)
4 Business Strategy Excellence (Overall Market)
5 Competitive Leadership Mapping (Start-Up/Sme)
5.1 Progressive Companies
5.2 Starting Blocks
5.3 Responsive Companies
5.4 Dynamic Companies
6 Strength Of Product Portfolio (Start-Up/Sme)
7 Business Strategy Excellence (Start-Up/Sme)
8 Industrial Enzymes: Market Share Analysis
9 Competitive Scenario
9.1 Expansions & Investments
9.2 Agreements, Collaborations, And Joint Ventures
9.3 New Product Launches
9.4 Mergers & Acquisitions
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Research Coverage:
This report segments the industrial enzymes market on the basis of type, source, form, application, and region. In terms of insights, this research report focuses on various levels of analyses--competitive landscape, pricing insights, end-use analysis, and company profiles--which together comprise and discuss the basic views on the emerging & high-growth segments of the industrial enzymes market, high-growth regions, countries, industry trends, drivers, restraints, opportunities, and challenges.
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