Press release
Enzymes Global Market By Type, By Product, By Source, By Reaction Type, By Application, Regional Outlook And Forecast 2023-2032 | Sanofi, AbbVie Inc., Alexion Pharmaceuticals Inc, Horizon Pharma, Allergan plc
As per the enzymes market report by The Business Research Company, the growing prevalence of cancer requiring drug-metabolizing enzymes (DMEs) for chemotherapy is expected to drive the growth of the enzyme market in the coming years. The activation of enzymes in the human body help destroy the cancer cells and breaks down the tumor.
The global enzymes market grew from $10.25 billion in 2022 to $11.63 billion in 2023 at a compound annual growth rate (CAGR) of 13.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The enzymes market is expected to grow from $19.73 billion in 2027 at a CAGR of 14.1%.
Read More On The Enzymes Market Report Here:
https://www.thebusinessresearchcompany.com/report/enzyme-global-market-report
Major competitors in the enzymes market include Sanofi, AbbVie Inc., Alexion Pharmaceuticals Inc, Horizon Pharma, Allergan plc, Pfizer Inc., Vivus, Digestive Care, Leadiant Biosciences, Roche Holdings AG and Codexis Inc.
The enzymes market is segmented -
• By Product Type: Asparginase, Lipase, Protease, Nattokinase, Chitinase, Serratiopeptidase, Collagenase, Ligase, Other Products
• By Application: Leukemia, Stomach Disorders, Antitumor, Skin Ulcers, Gaucher Disease, Fabry Disease, Other Applications
• By End User: Drug Manufacturers, Hospitals, Private Clinics, Research Laboratories
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. North America was the largest region in the Enzymes market.
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https://www.thebusinessresearchcompany.com/sample.aspx?id=3425&type=smp
Enzyme refers to a protein that almost usually serves as a biological catalyst. It accelerates a certain chemical reaction in the cell. It is a substance that serves as a catalyst in living things, controlling the speed at which chemical processes take place without undergoing any changes.
The Table Of Content For The Enzymes Market Include:
1. Executive Summary
2. Enzymes Market Characteristics
3. Enzymes Market Trends And Strategies
4. Enzymes Market - Macro Economic Scenario
5. Enzymes Market Size And Growth
.....
27. Enzymes Market Competitive Landscape And Company Profiles
28. Enzymes Pipeline Analysis
29. Key Mergers And Acquisitions In The Enzymes Market
30. Enzymes Market Future Outlook and Potential Analysis
31. Appendix
The "Global Enzymes Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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