Industrial Enzymes Market By Reports And Data
Industrial Enzymes Market Detailed
Analysis Report by Key Players and
Forecast 2027
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Market Summary
The rise in living standards and an increase in
disposable income is driving the growth of the
Industrial Enzymes Market.
Industrial Enzymes Market Size – USD 4.72 Billion
in 2018, Market Growth - CAGR of 3.8%, Market
Trends –
Rising demand for Bio-Fuel.
M a Orkuetr S Aumpmparroyach
The Global Industrial Enzymes market is forecasted to reach USD 6.41 Billion by 2026, according to a new
report by Reports and Data. The industrial enzyme market is fueled by the rising demand for food and
beverages due to the increase in disposable income and changing lifestyle. Introduction of bio-fuel as a
substitution for fossil fuels and a conventional source of energy is also encouraging the growth of the market.
Governments across the world are encouraging consumers to switch to bio-fuel to encourage a clean and
green environment. Another driving factor is the rising investment in food and beverages and pharmaceutical
industries. Advancement in biotechnology is also encouraging the growth of the market in the field of protein
engineering.
North America has the largest market share in the Industrial Enzyme Market. Increasing demand for food and
rise in disposable income of the people is driving the market. The region invests heavily in the food and
beverage industry. The Asia Pacific region is forecasted to be the highest growing market due to the rising
demand for food and beverage from the growing population in countries like India and China.
Key participants include AB Enzymes, Advanced Enzyme, Amano Enzyme Inc., BASF SE, Biocatalysts,
BioResource International Inc., Chr. Hansen Holdings AS, DowDuPont, DSM NV, and Novozymes, among
others.
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M a r kOeut Sru Ampmparyoach
Type Outlook (Volume, Kilo tons; 2018-2026 And Revenue, USD Billion; 2018-2026)
• Amylases
• Glucanases
• Cellulases
• Proteases
• Lipases
• Others
Source Outlook (Volume, Kilo tons; 2018-2026 And Revenue, USD Billion; 2018-2026)
• Microorganisms
• Plants
• Animals
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M a r kOeut Sru Ampmparyoach
Application Outlook (Volume, Kilo tons; 2018-2026 And Revenue, USD Billion; 2018-2026)
• Food Processing
• Animal Feed
• Healthcare
• Textiles
• Leather Processing
• Detergents and Cleaners
• Bio-Fuel
• Cosmetics
• Others
Regional Outlook (Volume, Kilo tons; 2018-2026 And Revenue, USD Billion; 2018-2026)
• North America
• Europe
• Asia Pacific
• Latin America
• MEA
M a r kOeut Sru Ampmparyoach
Further key findings from the report suggest
• With new innovations and advancement of technologies in the food industry, the market for industrial
enzyme has found a niche in fat modification and sweetener technology, hence driving the growth of the
market.
• Proteases hold the largest market share of 22% in the year 2018 and are forecasted to hold a market share of
23% in the year 2026 with an annual growth rate of 4.4% throughout the forecast period.
• Protease is an essential enzyme as it is used for digestion of protein. It can hydrolyze every type of protein as
long as they are not components of living cells.
• Lipases hold the market share of 19% in the year 2018 and are forecasted to hold a market share of 20% in
the year 2026 with an annual growth rate of 4.5% throughout the forecast period.
• Microorganisms are the primary source for industrial enzyme as they are economical, effective and are easily
available.
• Microorganisms hold the largest market share of 37% in the year 2018 and are forecasted to hold a market
share of 38% in the year 2026 with an annual growth rate of 4.2% throughout the forecast period.
Read More @ https://www.reportsanddata.com/report-detail/industrial-enzymes-market
A b oOuutr U Aspproach
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