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Enzymes Market Predicted to Reach $10.2 Billion by 2031: Allied Market Research Says
Enzymes market generated $5.8 billion in 2021, and is estimated to reach $10.2 billion by 2031, witnessing a CAGR of 6% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario. The report is a helpful source of information for leading market players, new entrants, investors, and stakeholders in devising strategies for the future and taking steps to strengthen their position in the market.๐๐ข๐ฌ๐ญ ๐จ๐ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ :
Leading players of the global enzymes market analyzed in the research include Novozymes A/S, Koninklijke DSM N.V., DuPont de Nemours, Inc., BASF SE, Advanced Enzyme Technologies Ltd., AB Enzymes GmbH, Codexis, Inc., Amano Enzyme, Inc., F. Hoffmann-La Roche Ltd., and Thermo Fisher Scientific Inc.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ https://www.alliedmarketresearch.com/request-sample/708
๐๐ผ๐๐ถ๐ฑ-๐ญ๐ต ๐ฆ๐ฐ๐ฒ๐ป๐ฎ๐ฟ๐ถ๐ผ:
โข The COVID-19 pandemic had a positive impact on the enzymes market, owing to increase in demand for enzymes in nutritional & immunity boosting products along with rise in consumer focus on household care and upsurge in in-house food consumption.
โข Companies in the market faced obstructions due to intermittent supply chain activities and uncertain market conditions owing to trade restrictions and lockdowns. This negative impact is expected to be remunerated by surge in demand for enzymes in the food & beverages and pharmaceutical industries.
โข However, the market is slowly gaining traction.
๐ ๐จ๐ซ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ https://www.alliedmarketresearch.com/purchase-enquiry/708
The report offers detailed segmentation of the global enzymes market based on source, reaction type, application, type and region. The report provides an analysis of each segment and sub-segment with the help of tables and figures. This analysis helps market players, investors and new entrants in determining the sub-segments to be tapped on to achieve growth in the coming years.
Based on source, the microorganisms segment held the highest share in 2021, contributing to more than half of the global enzymes market, and is likely to maintain its leadership status during the forecast period. However, the plants segment is expected to manifest the highest CAGR of 7.0% from 2022 to 2031. The report also provides an analysis of animals segment under this category.
Based on reaction type, the hydrolase segment held the highest share in 2021, contributing to more than two-thirds of the global enzymes market, and is likely to maintain its leadership status during the forecast period. However, the transferase segment is expected to manifest the highest CAGR of 7.6% from 2022 to 2031. The report also provides an analysis of the segments such as oxidoreductase, lyase, and others under this category.
๐๐ญ๐ก๐๐ซ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
Minimally Invasive Surgical Market -- https://www.alliedmarketresearch.com/minimally-invasive-surgical-instruments-market
Shoulder Arthroplasty Market -- https://www.alliedmarketresearch.com/shoulder-arthroplasty-market
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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