Title: Industrial Enzymes Market Trends, Global Industry Scenario, Outlook and Growth Strategies Forecast 2020-2027
1Industrial Enzymes Market Detailed Analysis
Report by Key Players and Forecast 2027
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2 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.
3 Our Approach
Market Summary
- 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. - To Get Sample Copy of Report visit
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4 Our Approach
Market Summary
- 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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5 Our Approach
Market Summary
- 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
6 Our Approach
Market Summary
- 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 _at_ https//www.reportsanddata.com/report-
detail/industrial-enzymes-market
7 Our Approach
About Us
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consulting company that provides syndicated
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research offerings to ensure our clients are
aware about the latest trends existent in the
market. Reports and Data has a strong base of
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