Biocatalysis and Biocatalysts Market Revenue, Insights, Overview, Outlook, Analysis | Valuates Reports

Biocatalysis and Biocatalysts Market

Biocatalysis is defined as a chemical process through which enzymes and other biological catalysts conduct reaction between organic components. Advancements in the biocatalysis technique have eventually increased the utility and penetration of biocatalysts in several application areas.

The global Biocatalysis and Biocatalysts market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.

Get Free Sample: https://reports.valuates.com/request/regional/QYRE-Auto-22N8526/Global_Biocatalysis_Biocatalysts_Market_Insights_and_Forecast_to_2028

Rising demand from the food and beverages industry will be one of the major factors that will have a positive impact on the growth of the market. The changing lifestyle of people and the increase in per capita income led to a shift in food habits, there is an increasing preference for healthier diet and food. This in turn, will fuel the growth prospects of the market since the food industry uses biocatalysts such as carbohydrases, proteases, and lipases due to their properties such as anti-staling and softening that raises the shelf life of food products and beverages. The global biocatalysis and biocatalysts market in the detergents industry will grow at a steady pace during the forecast period due to the increasing use of biocatalysts, such as amylases, lipases, and proteases, in detergents to help remove stains from fibers. These enzymes allow stain removal in low temperature, short washing cycle, and minimal water usage. Europe is the largest market for biocatalysis currently and the same is expected to continue till 2019. This is because of high environmental regulations in Europe which is resulting in high demand for biocatalysts in the production of biofuel. The North American market is expected to register second highest growth rate after Europe. The Asia-Pacific market is expected to show a steady growth rate but the market is currently lower than North America and Europe. The U.S., Germany, and China are the hub of biocatalysts manufacturing in the world and are the major consumers of biocatalysts.

This report aims to provide a comprehensive presentation of the global market for Biocatalysis and Biocatalysts, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Biocatalysis and Biocatalysts.

Report Scope

The Biocatalysis and Biocatalysts market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Biocatalysis and Biocatalysts market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Biocatalysis and Biocatalysts manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

By Type
• Protease
• Lipase
• Carbohydrase

By Application
• Food and Beverages Industry
• Detergents Industry
• Biofuel Production Industry
• Agriculture and Feed Industry
• Biopharmaceutical Industry

Key Players
BASF, Codexis, Novozymes, Royal DSM

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-22N8526/global-biocatalysis-biocatalysts

Phone:
U.S. (TOLL FREE) : +1 (315) 215-3225
India: +91 8040957137

Email Id:
Please reach us at sales@valuates.com

Valuates offers an extensive collection of market research reports that helps companies to take intelligent strategical decisions based on current and forecasted Market trends.

This release was published on openPR.