Press release
Enzymes Market 2020 is Expected to Reach at USD 17.34 billion by 2027 with a CAGR of 7.20% | Global Players Like- BASF SE, DSM, Chr. Hansen Holding A/S, Enmex, Advanced Enzyme Technologies
Enzymes
Enzymes market will reach an estimated valuation of USD 17.34 billion by 2027, while registering this growth at a rate of 7.20% for the forecast period of 2020 to 2027. Data Bridge Market Research report on enzymes market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
The rising advancements in enzyme engineering and green chemistry and the introduction of genetically is the factor for the increasing demand for the enzymes market. The rising environmental concerns and increasing demand for biofuel, advancements in R&D activities for technical enzymest, increase in global populations, increasing demand from the animal feed industry, penetration in enzyme engineering, growing awareness of improved food quality among consumers along with rising application scope in biofuels as well as pulp and paper industry are also projected to act as major growth drivers fueling the growth of the market over the forecast period of 2020 to 2027. In addition, the high demand for an alternative to synthetic chemicals and significant consumption of dietary requirements are expected to offer lucrative opportunities which will flourish the growth of the enzymes market in the above mentioned forecast period.
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The strict regulatory framework along with the lack of standardized regulatory guidelines are acting as major limitation towards the growth of the enzymes market in the above mentioned forecast period, whereas the rising concerns over safety, quality and consumer perception toward enzymes is amongst the biggest challenges towards the growth of the enzymes market.
Major Market Players Covered in The Enzymes Market Are:
The major players covered in the enzymes market report are BASF SE, DSM, Chr. Hansen Holding A/S, Enmex, Advanced Enzyme Technologies, DuPont, Aumgene Biosciences, Novus International, Lumis Biotech Pvt. Ltd., Codexis, Hayashibara Co. Ltd., Pharma Corporation, AB Enzymes, Novozymes A/S, Amano Enzyme Inc., Aum Enzymes, Enzyme Innovation, National Enzyme Company Inc., Lonza, Caprienzymes, Asahi Kasei Enzymatic Deinking Technologies LLC, PAC Bio Fungbact, BioResource International Inc., and Direvo Biotech AG, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
North America dominates enzymes the market due to the strong presence of several end-use industries along with high scope for research and development activities emerging economies in the region. Europe region is expected to hold the largest growth rate due over the forecast period of 2020 to 2027 owing to the shifting inclination toward reducing greenhouse emissions and promoting the production of biofuels in this region.
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Global Enzymes Market Scope and Segments
Enzymes market is segmented on the basis of product type, type, source, application and end user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
• On the basis of product type, the enzymes market is segmented into industrial enzymes and specialty enzymes.
• Based on type, the enzymes market is segmented into carbohydrases, proteases, lipases, polymerases and nucleases and other. Carbohydrases have further been segmented into amylases, cellulases and others.
• Based on source, the enzymes market is segmented into micro-organism, plant and animal.
• Enzymes market is segmented in terms of market value, volume, market opportunities, and niches into multiple applications. The application segment for enzymes market is segmented into food and beverages, bioethanol, textiles and leather, detergents, paper and pulp, wastewater treatment, feed and others.
• On the basis of end user, the enzymes market is segmented into pharmaceuticals, research and biotechnology, diagnostics and biocatalysts.
Regional Analysis
• Middle East and Africa
• North America
• South America
• Europe
• Asia-Pacific
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https://www.databridgemarketresearch.com/toc/?dbmr=global-enzymes-market
Strategic Points Covered in Table of Content of Global Enzymes Market:
1. Introduction
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. By Component
7. Product Type
8. Delivery
9. Industry Type
10. Geography
11. Company Landscape
12. Company Profiles
13. Related Reports
Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.
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