Enzymes Market : Key Insights, Profiling Companies and Growth Strategies 2027

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Enzymes Market

• Global Industry Analysis, Size, Share, Growth,
  Trends and Forecast, 2027

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Enzymes Market Key Highlights

• The global enzymes market was valued at
  approximately US 6.4 Bn in 2018 and is
  anticipated to expand at a CAGR of more
  than 7 from 2019 to 2027
• Rise in demand for enzymes for use in the food
  beverages processing application is driving the
  global enzymes market. North America accounted
  for a major share of the global enzymes market
  in 2018.
• In terms of demand, the U.S. held a dominant
  share of the North America enzymes market
  in 2018. The enzymes market in North America is
  expected to expand at a CAGR of 7 during the
  forecast period.

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Key Drivers of Global Enzymes Market

• Innovation in the field of specialty and
  technical enzymes is projected to replace
  polluting chemical processes and provide
  environmental sustainability
• Properties of enzymes, such as excellent ability
  of enzymes to function at different pH levels and
  accelerating rate of reaction have led to their
  increased demand in food beverages processing
  and animal feed applications
• Rise in competition among beer producers for
  improving the quality and flavor of alcoholic
  beverages is likely to drive the beverages
  industry to manufacture new beers with improved
  flavors. This, in turn, would increase the demand
  for high purity grade of enzymes, thus boosting
  the market for enzymes.

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Technical Grade to Dominate Global Enzymes
Market

• Among grades, the technical grade segment held a
  major share of the enzymes market in 2018.
  Technical grade enzymes include carbohydrases,
  proteases, lipases, phytases, etc.
• The ability of technical enzymes to operate at
  mild conditions and their low cost are expected
  to drive the demand for these enzymes from a wide
  range of industries, including chemical
  production, biofuels, food beverages, and
  personal care household products.

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Leading Players in Global Enzymes Market

• BASF SE
• Novozymes A/S
• DowDuPont Inc.
• AB Enzymes GmbH
• Biocatalysts Ltd, Chr.
• Hansen Holding A/S
• Koninklijke DSM N.V.
• F. Hoffmann-La Roche Ltd.
• Advanced Enzyme Technologies Limited

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