Press release
Enzymes Market Size 2022, Top Companies Analysis, Share, Trends, Business Model and Forecast by 2027
COVID-19 Impact on Market: (Positive Impact)
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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Industry Definition and Application:
Enzymes refer to biological catalysts that accelerate the rate of chemical reaction in the cell and aid in building metabolism and breaking down proteins, carbohydrates and fats to support digestion. They help in nerve function, remove toxins from the body, build muscles, provide assistance in the production of cellular macromolecules, and prevent diseases.
Global Enzymes Market Trends and Drivers:
One of the primary factors driving the market is the extensive application of enzymes in the pharmaceutical industry to synthesize intermediaries in active pharmaceutical ingredient (API) production for effectual medicines. In addition, there has been an increasing utilization of these enzymes in the food and beverage industry (F&B) for converting starch into glucose.
Besides this, the rising usage of enzymes in producing biofuel that is environmental-friendly and less energy-intensive is catalyzing the market growth. Furthermore, the growing application of these enzymes in protein engineering technology and the utilization of enzymes in detergents for removing oil stains and fats is bolstering the market growth. Other major growth-inducing factors are the increasing use of enzymes in the paper and pulp industry to enhance bleaching properties and extensive product adoption in research and biotechnology
Global Enzymes Market 2022-2027 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these top key players include:
Advanced Enzyme Technologies Limited, Amano Enzyme Inc., Associated British Foods plc, Aumgene Biosciences, BASF SE, Chr. Hansen Holding A/S, Codexis Inc., DuPont de Nemours Inc., Koninklijke DSM N.V., Novozymes A/S, Novus International Inc. (Mitsui & Co. Ltd.) and Thermo Fisher Scientific Inc.
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The report has segmented the market on the basis of region, type, source, reaction type and application.
Breakup by Type:
• Protease
• Carbohydrase
• Lipase
• Polymerase and Nuclease
• Others
Breakup by Source:
• Microorganisms
• Plants
• Animals
Breakup by Reaction Type:
• Hydrolase
• Oxidoreductase
• Transferase
• Lyase
• Others
Breakup by Application:
• Food and Beverages
• Household Care
• Bioenergy
• Pharmaceutical and Biotechnology
• Feed
• Others
Breakup by Region:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa
If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
Key highlights of the report:
• Market Performance (2016-2021)
• Market Outlook (2022- 2027)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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