Uploaded on Nov 11, 2021
However, the strict regulatory framework and limitations observed in the usage of enzymes which include limited thermo stability, and narrow substrate scope will hamper the growth of the industrial enzymes market in the above mentioned forecast period.
What is Industrial Enzymes Market And Opportunities and Challenges
What is Industrial Enzymes Market ? And
Opportunities and Challenges
Industrial Enzymes Market By Type (Carbohydrases, Proteases, Phytases, Polymerases
and Nucleases, Lipases, Others), Form (Liquid, Dry), Source (Plant, Animal, Micro-
organism), Application (Food Processing, Animal Feed, Healthcare, Textiles, Leather
Processing, Detergents and Cleaners, Bio-Fuel, Others) Country (U.S., Canada, Mexico,
Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain,
Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South
Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-
Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and
Africa)Industry Trends and Forecast to 2027
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Market Analysis and Insights
The rising environmental concerns along with increasing demand for bioethanol will help
impact the market growth in the forecast period of 2020 to 2027. The high adoption of
enzymes from food industry for making various dairy products, increasing demand for
digestive and nutritional enzymes, rise in the usage due to numerous eco-friendly
industrial activities, rising product usage in manufacturing detergents owing to its
properties, such as superior stain removal and ability to in low temperatures,
advancement such as new production and extraction techniques in microbial enzymes
by escalating their productivity through genetic modification techniques along with
progression in R&D activities for industrial enzymes are also expected to positively
influence the growth of the market.
In addition, high demand for an alternative to synthetic chemicals along with
technological innovations and wide industry scope are creating ample new opportunities
that will lead to the growth of the industrial enzymes market in the above mentioned
forecast period.
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Major Key Players
Some of the major players operating in this market are :
• BASF SE
• Novozymes, Dupont
• DSM, Kerry Group
• Dyadic International Inc.
• Advanced Enzyme Techologies
• Chr. Hansen Holding A/S, Amano Enzyme Inc.
• Aumgene Biosciences
• Megazyme Ltd
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Market Segmentation
• By Type (Carbohydrases, Proteases, Phytases, Polymerases and Nucleases,
Lipases, Others)
• By Source (Plant, Animal, Micro-organism)
• By Application (Food Processing, Animal Feed, Healthcare, Textiles, Leather
Processing, Detergents and Cleaners, Bio-Fuel, Others)
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Regional Analysis
Based on geography, the market is segmented into five geographical
regions
North America
Europe
Asia-Pacific
South America
Middle East
Africa
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