Xylanase Market Estimated to Flourish by 2024
Xylanase belongs to the enzyme class which degrades or break down the hemicellulose and thus converts in to a simple sugar called as xylose. Xylanase are produced by fungi, bacteria, yeast etc. where filamentous fungi produces more quantity of xylanase. Alkaliphilic and thermophilic organism are important for industrial class of xylanases, where former is beneficial for pulp and Kraft bleaching. Principally xylanase are of two grades, feed grade and food grade. Commercially xylanase is used as ingredient in paper and pulp industry. Besides, some of the important uses of microbial xylanase includes, as a food additive ingredient for poultry, in baked products, coffee extractions, agriculture silage etc. The xylanase market is expected to be robust during the forecast period due to increase requirement in animal feed industry.
The global xylanase market is segmented on the basis of grade, application and end user industry.
Based on the grade, global xylanase market is segmented into:
• Feed grade
• Food grade
Based on the application, the global xylanase market is segmented into:
• Feed and livestock
• Bleaching of wood pulp
• Additive (in poultry)
• Agro waste treatment
Based on the end user industry, the global xylanase market is segmented into:
• Paper and Pulp
• Food and Feed industry
The global xylanase market is geographically divided in to five key regions including North America, Latin America, Europe, Asia-Pacific and Middle East & Africa. Asia Pacific, especially China, Indonesia holds maximum share of xylanase market due to major poultry production. Followed by Asia Pacific is North America, Europe, Latin America and MEA. In Europe, the presence of poultry companies such as PHW-Gruppe Lohmann & CO. AGxylanase, Plukon Food Group, LDC Group momentous the growth of xylanase market. The global xylanase market is expected to be robust due to poultry industries and other industrial applications during the forecast period.
Some of the key players identified in the global xylanase market are Habio. Net, BioResource International, Inc, Royal DSM, Enzyme Development Corporation, Elanco, Shandong Longda Bio-Products Co., Ltd. Shenzhen Leveking Bio-Engineering Co., LTD., Beijing Smile Feed Sci. & Tech. Co., Ltd. etc.
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