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Enzymes Market share trends segmentation and forecast by 2025

12-09-2020 08:37 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Coherent market insights

Enzymes Market

Enzymes Market

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 to 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. Oxidoreductases help in oxidation reduction, a process in which a specific atom donates its electron to a different atom, while transferases help in the transfer of chemical groups from one substance to another.

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Factors such as growing demand for specialty enzymes and blooming pharmaceutical 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, and biological detergents. They are also used in molecular biology and in food processing and brewing industries.

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

On the basis of application, the global market is classified into:
Digestive Enzymes
Metabolic Enzymes
Cleaning Enzymes

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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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Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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