Press release
Biocatalysis and Biocatalysts Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2023 to 2029)
The global biocatalysis and biocatalysts market is anticipated to grow at a CAGR of 6.9% during the forecast period (2023-2030). Biocatalysts are widely used in the food and beverage industry for several years as food enzymes for instance in dairy products, bakeries, and beverages. Biocatalysts may be of different types and are used in various applications. Proteases and amylases are widely used to remove food-related stains. These enzymes have applications in both the food & beverage and laundry detergent industry. Enzymes such as lipases and peroxidase are used in the personal care industry as they have anti-microbial applications.The rising spending capacity of people and increasing awareness about sustainability is fueling the demand for the biocatalysis and biocatalysts market. The high level of selectivity, high catalytic efficiency, and ability to operate in mild reaction conditions is the nature of biocatalysis enzymes and this is driving the biocatalysis market in developed as well as developing regions. The increasing demand for ethanol is fueling the demand for biocatalysts to produce biofuels. According to the U.S. Department of Agriculture, The United States consumed nearly 14 billion gallons of ethanol in 2021. According to biofuel UK, the US, Brazil, and China are the major producers of biofuels followed by Argentina and India. The use of enzymes in the laundry detergent industry especially in liquid detergents is growing in countries such as China and India. The increasing health-conscious population of developing countries in the Asia-Pacific region is demanding healthy drinks and processed canned foods. This is driving the biocatalysts market in developing regions. Growing biofuel production in developing regions along with the advancement in biocatalysis technology is offering ample opportunity for the steady growth of the biocatalysis and biocatalysts market.
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Market Coverage
The market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030
Segment Covered -
By Type
By Application
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape - Unilever PLC, EnginZyme AB, Arzeda Corporation, Ingenza, Zymtronix Catalytic Systems Inc, Debut Biotechnology, Inc., and others.
Biocatalysis and Biocatalysts Market Report Segment
By Type
Hydrolases
Oxidoreductases
Transferases
Others
By Application
Food & Beverages
Cleaning Agents
Biofuel Production
Agriculture & Feed
Biopharmaceuticals
Others
A full Report of Biocatalysis and Biocatalysts Market is Available @ https://www.omrglobal.com/industry-reports/biocatalysis-and-biocatalysts-market
Biocatalysis and Biocatalysts Market Report Segment by Region
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Latin America
Middle East and Africa
Company Profiles
AB Enzymes
Afton Chemical
Amano Enzyme Inc.
Arzeda Corporation
BASF SE
Chr Hansen Holding A/S
Codexis Inc.
Debut Biotechnology, Inc.
DSM
DuPont de Nemours, Inc.
Dyadic International, Inc.
EnginZyme AB
Ingenza
Lonza Group Ltd.
Novozymes
Piramal Enterprises Ltd.
RP Management LLC
Soufflet Agro Rus, LLC
Unilever PLC
Zymtronix Catalytic Systems Inc
Reasons to buy from us -
We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.
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Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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