Enzymes Market Segmentation and Analysis by Recent Trends and Development 2024

Felton, California , USA, Jan 22, 2021 — /EPR Network/ — 

Global Enzymes Market is anticipated to reach USD 17.50 billion by 2024. Enzymes are fundamental protein molecules that act as a biological Enzymes in the metabolic reaction. Enzymes have several properties such as ability to react with a particular reactant and it increases the rate of reaction. Market is anticipated to grow at a significant CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe.

Enzymes Market may be explored by product type, type, industrial enzyme application, Specialty enzyme application and geography. The market may be explored by product type as Protease, Carbohydras, Lipase, Polymerase, Nuclease and other Types. The “Carbohydrase” segment led the Enzymes Market in 2016 and is anticipated to maintain its dominance by 2024. The Enzymes Market could be explored based on type as Specialty enzymes, and Industrial enzymes. The “Industrial enzymes” segment led the Enzymes Market in 2016 and is anticipated to maintain its dominance by 2024 owing to increasing application of digestive and nutritional enzymes in nutraceutical segment.

Access Enzymes Market Report with TOC @ https://www.millioninsights.com/industry-reports/enzymes-market

Global Enzymes Type Outlook (Revenue, USD Million, 2013 – 2024)

  • Industrial enzymes
  • Specialty enzymes

Global Enzymes Product Outlook (USD Million, 2013 – 2024)

  • Carbohydras
  • Proteases
  • Lipases
  • Polymerases & nucleases
  • Others

Global Industrial Enzymes Application Outlook (Revenue, USD Million; 2012 – 2022)

  • Food & Beverages
  • Detergents
  • Animal Feed
  • Textile
  • Paper & Pulp
  • Nutraceutical
  • Personal Care & Cosmetics
  • Wastewater

Global Specialty Enzymes Application Outlook (Revenue, USD Million; 2012 – 2022)

  • Pharmaceuticals
  • Research & biotechnology
  • Diagnostics
  • BioEnzymes

Some of the key players that fuel the growth of the Enzymes Market comprise Koninklijke DSM N.V., Novozymes A/S, DowDuPont Inc., Advanced Enzyme Technologies Ltd., BASF SE, AB Enzymes GmbH, Amano Enzyme, Inc., Codexis, Inc., Thermo Fisher Scientific Inc., F. Hoffmann-La Roche Ltd., Chr. Hansen A/S, Procter & Gamble Co., BBI Enzymes Ltd., Novus International, Inc., and Puratos Group. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

Request a Sample Copy of Enzymes Market Report @ https://www.millioninsights.com/industry-reports/enzymes-market/request-sample

Asia-Pacific accounted for the major share of the Enzymes Market Size in 2016 and will continue to lead in the forecast period. The factors that could be attributed to the growth include development of the pharmaceutical and food & beverage segments along with the accessibility of raw materials for biofuel manufacturing. In addition, rising food consumption, growing need for effective health solutions, and development and rising sensitivity to food protection is anticipated to create immense manufacturing likely in the forecast period.

Visit Our Blog: https://marketreportsassistance.wordpress.com

Get in touch

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.

Contact Person:

Ryan Manuel

Research Support Specialist, USA

Email: ryan@millioninsights.com

Million Insights

Office No. 302, 3rd Floor, Manikchand Galleria,

Model Colony, Shivaji Nagar, Pune, MH, 411016 India

Phone: 91-20-65300184

Email: sales@millioninsights.com


Matched content

Editor’s pick

Express Press Release Distribution