openPR Logo
Press release

Global Industrial Enzymes Market accounted for 60% of the overall industry demand by 2024 : Global Market Insights Inc

04-03-2017 09:05 AM CET | Health & Medicine

Press release from: Global Market Insights Inc.

Global Enzymes market size, may witness over 9% growth. Ban on lifting by China government to import frozen and chilled beef from Australia should positively drive product demand in food & beverages applications. Enzymes Market size is poised to hit USD 10.7 billion by 2024; according to a new research report by Global Market Insights, Inc.

Growing demand for high nutrition diet along with lifestyle & demographic dynamics will stimulate global enzymes market size. Predominantly, consumers today expect packaged and processed foods to have strong nutritional benefit along with excellent shelf-life, which makes enzyme use critical.

U.S. enzymes market size, led by strong demand for processed foods & RTD beverages, generated more than USD 1 billion in sales for 2015. Positive indicators from molecular, biological and forensic research associations may also spur industry growth.

Request for a sample of this research report @

Proteases continue to be widely used across detergent, food & animal feed applications face growth expectation of more than 7% CAGR. Major proteases include serine, cysteine, threonine, aspartate, glutamic acid, papain, and metalloproteases.

In terms of applications, food & beverages continued to dominate the industry and accounted for about 35% of the enzymes market share in 2015. Rising high quality food demand coupled with increasing meat consumption across Russia, China, Canada, and Australia may escalate demand.
Bovine Spongiform Encephalopathy (BSE) and Porcine Epidemic Diarrhea virus (PEDv) are potential reasons driving lipase and carbohydrase demand in animal feed. Meeting regulatory standards for food safety along with increase in meat production output are other lucrative factors propelling industry growth.
Biofuel enzymes market was worth over USD 500 million in 2015. The application expects significant growth due to its competence to process fatty acids and glycerides by esterification and transesterification reactions. Strong government support, particularly in Brazil, Germany, and France should favor industry growth. Also, these products are biodegradable and don’t have any adverse environmental effect may give new avenues of growth.

Ambiguous EU and FDA standards about enzyme use in diverse applications due to consumer safety concerns regarding side-effects such as abdominal pain, rashes, and swelling may threaten industry growth. High initial investment cost to pass tests and acquire approval to commercialize product use in food & feed applications may impact enzymes market price trend.

Browse key industry insights spread across 150 pages with 123 market data tables & 10 figures& charts from the report, “Enzymes Market Size By Product (Proteases, Lipases, Carbohydrases, Polymerases & Nucleases), By Application (Detergents, Food & beverages, Animal Feed, Biofuels), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Sweden, Austria, Poland, Russia, China, India, Japan, Indonesia, Thailand, Malaysia, Australia, Brazil, Argentina, Mexico, South Africa, UAE, Saudi Arabia, Kuwait, Egypt), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024” in detail along with the table of contents:

Key insights from the report include:
o Europe animal feed enzymes market size was over USD 270 million in 2015. Rising beef consumption in Russia, France, and Germany along with growing cattle feed demand should fuel regional growth.

o Detergent applications may observe significant gains and surpass USD 2 billion in value by 2024. Rise in per capita income has result in increasing consumer expenditure on detergents and food products.

o Carbohydrases led the product segment and valued at over USD 2 billion in 2015. The product used to catalyze carbohydrates into fructose and glucose for food & beverages application.

o APAC may observe notable growth, increasing at over 9% CAGR. High population density along with increasing beef import particularly in China and South Korea should propel regional demand.

o Global enzymes market share is consolidated as top three companies accounted for over 60% of the overall industry demand. Novozymes, Danisco, and DSM are major industry players. Collaborations and acquisitions are among key strategies to strengthen company position. Other participants include AB Enzymes, BASF, Roche, Chr. Hansen, and ADM.

Make an inquiry for purchasing this report @

Global Market Insights has segmented the enzymes industry on the basis of product, application and region:
Enzymes product Analysis (Volume; Revenue, 2013 - 2024)
o Proteases
o Carbohydrases
o Lipases
o Polymerases & nucleases
o Others
Enzymes application Analysis (Volume; Revenue, 2013 - 2024)
o Proteases
o Carbohydrases
o Lipases
o Polymerases & nucleases
o Others
Enzymes Regional Analysis (Volume; Revenue, 2013 - 2024)
o North America
• U.S.
• Canada
o Europe
• Germany
• UK
• France
• Italy
• Sweden
• Austria
• Poland
• Russia
o Asia Pacific
• China
• India
• Japan
• Malaysia
• Thailand
• Indonesia
• Australia
o Latin America
• Brazil
• Mexico
• Argentina
• Saudi Arabia
• Kuwait
• South Africa
• Egypt

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Connect with us: Facebook | Google+ | LinkedIn | Twitter

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Industrial Enzymes Market accounted for 60% of the overall industry demand by 2024 : Global Market Insights Inc here

News-ID: 489524 • Views: 282

More Releases from Global Market Insights Inc.

Steam Autoclaves Market | Insights and Forecast Research Report 2024
The steam autoclave market size is expected to exceed more than US$ 3.1 Billion by 2024, Growing at a CAGR of more than 8.7% in the given forecast period. The extensive use of sterilizing surgical equipment in pharmaceutical and biomedical applications has been propelling steam autoclaves market share over the last few years. The primary reason for the massive deployment of these products in medical applications is the nontoxic and
Advanced Wound Care Market 2019 | Growth, Status and Forecast by 2025
The global advanced wound care market size is expected to reach USD 13.5 billion by 2025, at a CAGR of 5.0% during the forecast period, according to a new report by Global market insights, Inc. Europe advanced wound care market will experience 5.0% growth during the analysis period. Germany, UK, and France represents mature markets in Europe while Spain, Netherland, Belgium, Austria are forecasted to witness high CAGR. Aging demographics
Vascular Graft Market | Industry Analysis, Size, Share, Growth by 2024
Vascular graft market size is anticipated to exceed US$ 3.6 bn by 2024, states Global Market Insights, Inc. in its latest research report. Prominent industries involved in vascular graft market are Becton Dickinson (C.R. Bard), B. Braun, Cryolife (Jotec), Cook Medical, Endologix, Getinge AB, LeMaitre Vascular, Medtronic PLC, Terumo GmbH and W.L. Gore and Associates. These prominent business players are focusing on strategic mergers, new product launch and acquisitions to
Pharmacovigilance Outsourcing Market 2019 | Dynamics, Forecast, Analysis and Sup …
U.S. pharmacovigilance outsourcing market size dominated North America region and was valued at USD 783.2 million revenue in 2017 and is estimated to witness similar trend during the forthcoming years. The high growth is attributed to strong foothold of major pharma and medical device companies coupled with extensive drug development activities in the U.S. Moreover, high healthcare expenditure in the country and growing concern regarding drug safety and adverse drug

All 5 Releases

More Releases for Enzymes

Bakery Enzymes Market || Key Player - Amano Enzymes, Advanced Enzymes, Novozymes …
A new report titled “Bakery Enzymes Market Growth Prospects and Industry Trends Analyzed till 2028” has been included in the enormous research repository of Market Research Reports Search Engine (MRRSE) that compiles various facets of the Bakery Enzymes Market at a global level portraying a holistic analysis of the marketplace along with intelligence on key participants. The report covers an unbiased analysis on various market aspects, emphasizing major trends giving
Food Enzymes Market - Key Players - Danisco, DSM and AB Enzymes
Enzymes are the protein produced by live cells which helps in the chemical reactions without being itself changed. Enzymes are used in food processing for various purposes such as to enhance nutritive value, to produce desirable aromas and flavors and mainly to control food appearance and texture. Food processing industry is presently the largest user of industrial enzymes acquiring almost around 40% of the USD 400 million markets. Enzymes such
Pulp & Paper Enzymes Market
APAC pulp & paper enzymes market will witness gains over 6.5% by 2024. Increasing enzymes adoption in manufacturing facilities due to its enhanced benefits will stimulate the regional demand. Easy availability of resources and labor coupled with environment regulations on industrial wastages are driving the industry, as the product reduce pollutants in waste water. Request for a sample of this research report @ Global pulp & paper enzymes industry share
Animal Feed Enzymes Market Overview on Top Manufactures - AB Enzymes, DSM, Aum E …
The Best in class analysis give a record of global Animal Feed Enzymes market depicts a point by point current market study which is loaded with huge research to familiarize the clients with most recent market trends, current market outline, and market improvement status expected during the estimated time frame from 2018-2023. Animal feed enzymes are gaining importance as they play an important role in improving feed digestibility, cost reduction, nutrient
Latest Development of Global Protein Hydrolysis Enzymes Market 2025 : AB Enzymes …
Researchmoz added Most up-to-date research on "Global Protein Hydrolysis Enzymes Market Insights, Forecast to 2025" to its huge collection of research reports. This report researches the worldwide Protein Hydrolysis Enzymes market size (value, capacity, production and consumption) in key regions like North America, Europe, Asia Pacific (China, Japan) and other regions. This study categorizes the global Protein Hydrolysis Enzymes breakdown data by manufacturers, region, type and application, also analyzes the market status,
Market Overview: Global Diagnostic Specialty Enzymes Market 2026 - Codexis, Aman …
Researchmoz added Most up-to-date research on "Diagnostic Specialty Enzymes Market - Global Industry Analysis, Size, Share, Volume, Growth, Trends, and Forecast 2018 - 2026" to its huge collection of research reports. Enzymes are natural biocatalysts, produced and harvested from living organisms such as plants, animals, bacteria, and fungi. Diagnostic specialty enzymes are used in low volume and high value-added applications. Applications of diagnostic specialty enzymes include clinical chemistry, molecular diagnostics, immunoassays,