Enzymes Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented by Type (Industrial Enzymes, Specialty Enzymes), By Source (Plant, Animal, Microbial), By Application (Food & Beverage, Biotechnology & Pharmaceuticals, Animal Feed, Others), By Region and Competition

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Summary

Report Description

Global Enzymes market is anticipated to witness a growth of steady CAGR in the forecast period, 2024-2028. and The growing demand for food and beverage products along increasing consumer awareness related to individuals health is expected to create a lucrative growth of Global Enzymes Market during the forecast period. Similarly, growing emergence of advanced technologies, product manufacturers can choose their required host for production such as transgenic plants or microorganisms as enzyme producing yeast will further drive the growth of the market over the years. The key players are now using eco-friendly technologies for different uses such as product modification and enhancement of product properties will further enhance the demand for Global Enzymes Market over the years. In May 2023 dsm-firmenich launched MaxilactNext – the quickest pure lactase enzyme in the industry for enhanced and lactose-free dairy production.

 Growing Demand for Sustainable Solutions

The growing demand for sustainable solutions has a significant impact on the growth of the Global Enzymes Market. Enzymes are inherently sustainable and eco-friendly catalysts, making them a preferred choice for industries seeking greener alternatives. Governments and regulatory bodies worldwide are implementing stricter environmental regulations to reduce pollution, waste, and carbon emissions. Industries are required to adopt sustainable practices and minimize their environmental impact. Enzymes offer a sustainable solution by providing an eco-friendlier alternative to traditional chemical catalysts. The demand for enzymes increases as industries seek to comply with these regulations and align their operations with sustainability goals. There is a growing awareness among consumers about the environmental impact of products and processes.

Consumers are increasingly seeking sustainable and eco-friendly options across various sectors, including food, textiles, cosmetics, and personal care.  In 2021, AB Enzymes recently introduced "Veron Maxima," an enzyme product specifically designed for denim processing that they claim will improve the colorfastness and functionality of denim clothing. Enzymes, being natural and biodegradable, resonate well with environmentally conscious consumers. As a result, manufacturers are incorporating enzymes in their products to meet the rising demand for sustainable solutions. Industries are actively shifting towards greener technologies and processes to reduce their carbon footprint and improve their sustainability credentials. Enzymes play a crucial role in this transition. They enable more efficient and sustainable production processes with lower energy consumption, reduced waste generation, and fewer hazardous chemicals. The demand for enzymes grows as industries prioritize sustainability and seek innovative solutions to replace traditional methods. N

 Growing Advancements in Biotechnology and Enzyme Engineering

Advancements in biotechnology and enzyme engineering have a profound impact on the growth of the Global Enzymes Market. These advancements have opened up new possibilities for enzyme applications, improved their performance, and expanded their use across various industries. Biotechnology and enzyme engineering techniques allow for the optimization and improvement of enzyme performance. Through genetic engineering, enzymes can be modified to exhibit enhanced catalytic activity, stability, and specificity. This enables the development of enzymes that are better suited for specific industrial applications, leading to improved efficiency and performance. As a result, industries across sectors such as healthcare, biofuels, textiles, and food processing can achieve better outcomes by utilizing these advanced enzymes.

Advancements in biotechnology and enzyme engineering have broadened the scope of enzyme applications. Enzymes can now be engineered to perform new functions and catalyze reactions that were previously difficult or impossible. This allows enzymes to be utilized in a wider range of industrial processes, from the production of biofuels and pharmaceuticals to wastewater treatment and bioremediation. The ability to tailor enzymes to specific needs and applications expands their market potential. Biotechnology and enzyme engineering enable the customization of enzymes to meet specific industry requirements. Biotechnological advancements have led to the development of enzymes with improved stability and functionality. Advances in biotechnology have contributed to the reduction in enzyme production costs. Techniques such as recombinant DNA technology, protein expression systems, and fermentation optimization have made enzyme production more efficient and scalable. The increased production yields and streamlined manufacturing processes help to lower the overall costs of enzymes. This cost reduction enhances the competitiveness of enzymes compared to alternative catalysts, driving their adoption in various industries.

Growing Food and Beverage Industry will further drive the growth of Global Enzymes Market over the years.

The growing food and beverage industry has a significant influence on the growth of the Global Enzymes Market. Enzymes play a crucial role in various aspects of food processing, offering numerous benefits in terms of improved quality, enhanced functionality, and increased efficiency. Enzymes are widely used in the food and beverage industry to enhance flavor and texture. They help break down complex molecules, such as proteins and starches, into smaller components, resulting in improved taste, aroma, and mouthfeel. Enzymes are used in applications like cheese making, brewing, baking, and meat processing to achieve desired flavor profiles and enhance the sensory attributes of food products. Enzymes play a crucial role in extending the shelf life of food and beverage products. Enzymatic processes can help control spoilage microorganisms, inhibit browning reactions, and prevent the degradation of essential nutrients. Enzymes are employed in the production of preservatives, antioxidants, and antimicrobial agents, contributing to the development of longer lasting and safer food products. In April 2021, Biocatalysts ltd announced the launch of a new dairy enzyme Promod 517MDP in order to expand its Kosher and Halal certified dairy protein enzymes.

Enzymes are instrumental in the production of specialty ingredients used in the food and beverage industry. For example, enzymes are utilized in the production of sweeteners, such as high-fructose corn syrup, as well as in the conversion of starch into syrups for various applications. Enzymes also play a crucial role in the production of specialty proteins, including enzymes used in the dairy industry for cheese and yogurt production. Enzymes help optimize food processing operations, leading to increased efficiency and cost savings. Enzymatic processes are typically more efficient than traditional methods, requiring milder processing conditions, shorter processing times, and reduced energy consumption. Enzymes enable food manufacturers to achieve higher yields, reduce waste, and streamline their production processes. The growing consumer demand for clean label and natural food products is driving the adoption of enzymes in the food and beverage industry. Enzymes are perceived as natural and clean label ingredients, aligning with consumer preferences for fewer artificial additives and more sustainable food options. Enzymes provide a way to enhance food products while maintaining a clean label and meeting consumer demands for transparency and naturalness.


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Increasing Pharmaceutical Applications can accelerate the growth of Global Enzymes Market during the forecast period.

The increasing pharmaceutical applications of enzymes have a significant influence on the growth of the Global Enzymes Market. In July 2022, Researchers at IIT Madras have developed a bacterium that can turn agricultural waste into industrial enzymes through a cost effective and environment friendly process. r The demand for enzymes in drug synthesis drives the growth of the enzymes market. Enzyme replacement therapies (ERTs) involve the administration of exogenous enzymes to individuals with genetic enzyme deficiencies. ERTs are used to treat various rare genetic disorders, such as Gaucher's disease, Fabry disease, and lysosomal storage disorders. The development and availability of enzyme replacement therapies have increased the demand for therapeutic enzymes, driving the growth of the enzymes market in the pharmaceutical sector. Enzymes are utilized in drug delivery systems to improve the efficacy and targeted delivery of pharmaceutical compounds. Enzymes can be engineered to break down specific substrates, enabling controlled release of drugs at the desired site of action. In 2021, Amicus Therapeutics announced the European Commission’s approval of its Galafold treatment for adolescent Fabry Disease Patients which was designed for patients aged 12 years and older with Fabry Disease and an amenable mutation.

Enzyme-based drug delivery systems enhance drug stability, bioavailability, and therapeutic outcomes. The demand for enzymes in drug delivery applications contributes to the growth of the enzymes market. Enzyme assays and diagnostic kits play a crucial role in pharmaceutical research, drug development, and clinical diagnostics. Enzymes are used as analytical tools to measure enzymatic activity, assess drug interactions, and monitor disease markers. Enzyme-based diagnostic kits enable rapid and accurate detection of various diseases, including infectious diseases, cardiovascular disorders, and cancer. The demand for enzyme assays and diagnostic kits in the pharmaceutical sector drives the growth of the enzymes market.

Growing Agriculture Sector  can enhance the demand for Global Enzymes Market over the years.

The expansion of the agriculture sector has a significant influence on the growth of the Global Enzymes Market. Enzymes play a crucial role in various agricultural applications, offering benefits such as improved crop yields, enhanced soil health, and sustainable farming practices. Enzymes are used in agricultural practices to improve crop yield and productivity. Enzymes aid in seed treatment, enhancing seed germination, and promoting early plant growth. Enzymatic products help break down organic matter in the soil, releasing essential nutrients for plant uptake. They also facilitate nutrient absorption and improve nutrient use efficiency, leading to better crop development and increased yields. The demand for enzymes in agriculture for crop yield enhancement drives the growth of the enzymes market. Enzymes contribute to soil health and fertility in agricultural systems. Enzymatic products help break down organic matter, improving soil structure, and nutrient availability. Enzymes enhance the microbial activity in the soil, promoting nutrient cycling and improving soil fertility. They also aid in the decomposition of crop residues and organic waste, contributing to sustainable agricultural practices. The demand for enzymes for soil health and fertility drives the growth of the enzymes market in the agriculture sector. Enzymes are used in animal feed to improve digestion and nutrient utilization. According to FAO, in 2020, the United States was the largest pesticide-consuming country worldwide, with approximately 407.8 thousand metric tons. Brazil trailed in second, with 377.2 thousand tons consumed.

Enzymatic additives, such as carbohydrases, proteases, and phytases, break down complex molecules in feed ingredients, making nutrients more accessible to animals. Enzymes enhance the digestibility of feed, improve feed conversion efficiency, and promote better growth and health of livestock. The demand for enzymes in animal feed and nutrition contributes to the growth of the enzymes market in the agriculture sector. Enzymes play a role in crop protection and disease management in agriculture. Enzymatic products are used to control pests, pathogens, and plant diseases in a more sustainable and eco-friendly manner. Enzymes can break down the cell walls of pests and pathogens, disrupting their life cycle and reducing their impact on crops. Enzymes also stimulate the natural defense mechanisms of plants, enhancing their resistance to diseases. The demand for enzymes for crop protection and disease management drives the growth of the enzymes market in the agriculture sector. The expansion of the agriculture sector has seen an increasing focus on sustainable farming practices. Enzymes contribute to sustainable agriculture by promoting organic farming, reducing the use of synthetic fertilizers and pesticides, and minimizing the environmental impact of agricultural practices. Enzymes aid in nutrient recycling, waste management, and reducing soil erosion. The demand for enzymes in sustainable farming practices fosters the growth of the enzymes market.

Recent Development

  • In 2019, Novozymes launched Innova Fit, an enzyme solution designed for use in the brewing industry. Innova Fit helps brewers improve beer clarity and stability by breaking down haze-forming proteins. This product allows brewers to produce high-quality, haze-free beers while reducing the need for traditional beer clarification methods.
  • In 2020, Roche launched Elecsys GGT III, a diagnostic test that measures the enzyme gamma-glutamyl transferase (GGT) in the blood. GGT is an important biomarker for liver function and can help diagnose liver diseases, including hepatitis, alcoholic liver disease, and liver cancer. The Elecsys GGT III test provides accurate and reliable results for clinical laboratories.

 

Market Segmentation

Global Enzymes market can be segmented by type, Source, Application and by region. Based on type, the global enzymes market can be divided into Industrial Enzymes, Specialty Enzymes. Based on Source, the global enzymes market can be segmented into Plant, Animal, Microbial. Based on application, the global enzymes market can be differentiated into Food & Beverage, Biotechnology & Pharmaceuticals, Animal Feed, Others.

 Market Players

BASF SE., Novozymes A/S., DuPont Danisco Cellulosic Ethanol LLC., Novus International Inc., Associated British Foods PLC., Chr Hansen Holding A/S., Advanced Enzyme Technologies Ltd., Enzyme Development Corp., Codexis Inc., Amano Enzyme USA Co Ltd. are some of the leading players operating in Global Enzymes Market.


Attribute

Details

Base Year

2022

Historic Data

2018 – 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million, and CAGR for 2018-2022 and 2023-2028

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

By Type

By Source

By Application

By Region

Regional scope

North America; Europe; Asia Pacific; South America; Middle East & Africa

Country scope

United States; Canada; Mexico; France; Germany; United Kingdom; Italy; Spain; China; India; Japan; South Korea; Australia; Brazil; Argentina; Colombia; South Africa; Saudi Arabia; UAE

Key companies profiled

BASF SE., Novozymes A/S., DuPont Danisco Cellulosic Ethanol LLC., Novus International Inc., Associated British Foods PLC., Chr Hansen Holding A/S., Advanced Enzyme Technologies Ltd., Enzyme Development Corp., Codexis Inc., Amano Enzyme USA Co Ltd.

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


 

Report Scope:

In this report, Global Enzymes market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Enzymes Market, By Type:

o      Industrial Enzymes

o      Specialty Enzymes

  • Enzymes Market, By Source:

o      Plant

o      Animal

o      Microbial

  • Enzymes Market, By Application:

o      Food & Beverage

o      Biotechnology & Pharmaceuticals

o      Animal Feed

o      Others

  • Enzymes Market, By Region:

o      North America

§  United States

§  Canada

§  Mexico

o      Europe

§  France

§  Germany

§  United Kingdom

§  Italy

§  Spain

o      Asia Pacific

§  China

§  India

§  Japan

§  South Korea

§  Australia

o      South America

§  Brazil

§  Argentina

§  Colombia

o      Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Global Enzymes Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Enzymes Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.     Markets Covered

1.2.2.     Years Considered for Study

1.2.3.     Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, Trends

4.    Voice of Customer

5.    Global Enzymes Market Outlook

5.1.  Market Size & Forecast

5.1.1.     By Value

5.2.  Market Share & Forecast

5.2.1.     By Type (Industrial Enzymes, Specialty Enzymes,)

5.2.2.     By Source (Plant, Animal, Microbial)

5.2.3.     By Application (Food & Beverage, Biotechnology & Pharmaceuticals, Animal Feed, Others)

5.2.4.     By Region (North America, Europe, Asia Pacific, South America, Middle East & Africa)

5.2.5.     By Company (2022)

5.3.  Market Map

5.3.1 By Type

5.3.2 By Source

5.3.3 By Application

5.3.4 By Region

6.    North America Enzymes Market Outlook

6.1.  Market Size & Forecast          

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Type (Industrial Enzymes, Specialty Enzymes,)

6.2.2.     By Source (Plant, Animal, Microbial)

6.2.3.     By Application (Food & Beverage, Biotechnology & Pharmaceuticals, Animal Feed, Others)

6.2.4.     By Country

6.3.  North America: Country Analysis

6.3.1.     United States Enzymes Market Outlook

6.3.1.1.         Market Size & Forecast

6.3.1.1.1.             By Value

6.3.1.2.         Market Share & Forecast

6.3.1.2.1.             By Type

6.3.1.2.2.             By Source

6.3.1.2.3.             By Application

6.3.2.     Canada Enzymes Market Outlook

6.3.2.1.         Market Size & Forecast

6.3.2.1.1.             By Value

6.3.2.2.         Market Share & Forecast

6.3.2.2.1.             By Type

6.3.2.2.2.             By Source

6.3.2.2.3.             By Application

6.3.3.     Mexico Enzymes Market Outlook

6.3.3.1.         Market Size & Forecast

6.3.3.1.1.             By Value

6.3.3.2.         Market Share & Forecast

6.3.3.2.1.             By Type

6.3.3.2.2.             By Source

6.3.3.2.3.             By Application

7.    Europe Enzymes Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Type (Industrial Enzymes, Specialty Enzymes,)

7.2.2.     By Source (Plant, Animal, Microbial)

7.2.3.     By Application (Food & Beverage, Biotechnology & Pharmaceuticals, Animal Feed, Others)

7.2.4.     By Country

7.3.  Europe: Country Analysis

7.3.1.     France Enzymes Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Type

7.3.1.2.2.             By Source

7.3.1.2.3.             By Application

7.3.2.     Germany Enzymes Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Type

7.3.2.2.2.             By Source

7.3.2.2.3.             By Application

7.3.3.     United Kingdom Enzymes Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Type

7.3.3.2.2.             By Source

7.3.3.2.3.             By Application

7.3.4.     Italy Enzymes Market Outlook

7.3.4.1.         Market Size & Forecast

7.3.4.1.1.             By Value

7.3.4.2.         Market Share & Forecast

7.3.4.2.1.             By Type

7.3.4.2.2.             By Source

7.3.4.2.3.             By Application

7.3.5.     Spain Enzymes Market Outlook

7.3.5.1.         Market Size & Forecast

7.3.5.1.1.             By Value

7.3.5.2.         Market Share & Forecast

7.3.5.2.1.             By Type

7.3.5.2.2.             By Source

7.3.5.2.3.             By Application

8.    Asia-Pacific Enzymes Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Type (Industrial Enzymes, Specialty Enzymes,)

8.2.2.     By Source (Plant, Animal, Microbial)

8.2.3.     By Application (Food & Beverage, Biotechnology & Pharmaceuticals, Animal Feed, Others)

8.2.4.     By Country

8.3.  Asia-Pacific: Country Analysis

8.3.1.     China Enzymes Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Type

8.3.1.2.2.             By Source

8.3.1.2.3.             By Application

8.3.2.     India Enzymes Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Type

8.3.2.2.2.             By Source

8.3.2.2.3.             By Application

8.3.3.     Japan Enzymes Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Type

8.3.3.2.2.             By Source

8.3.3.2.3.             By Application

8.3.4.     South Korea Enzymes Market Outlook

8.3.4.1.         Market Size & Forecast

8.3.4.1.1.             By Value

8.3.4.2.         Market Share & Forecast

8.3.4.2.1.             By Type

8.3.4.2.2.             By Source

8.3.4.2.3.             By Application

8.3.5.     Australia Enzymes Market Outlook

8.3.5.1.         Market Size & Forecast

8.3.5.1.1.             By Value

8.3.5.2.         Market Share & Forecast

8.3.5.2.1.             By Type

8.3.5.2.2.             By Source

8.3.5.2.3.             By Application

9.    South America Enzymes Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Type (Industrial Enzymes, Specialty Enzymes,)

9.2.2.     By Source (Plant, Animal, Microbial)

9.2.3.     By Application (Food & Beverage, Biotechnology & Pharmaceuticals, Animal Feed, Others)

9.2.4.     By Country

9.3.  South America: Country Analysis

9.3.1.     Brazil Enzymes Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Type

9.3.1.2.2.             By Source

9.3.1.2.3.             By Application

9.3.2.     Argentina Enzymes Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Type

9.3.2.2.2.             By Source

9.3.2.2.3.             By Application

9.3.3.     Colombia Enzymes Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Type

9.3.3.2.2.             By Source

9.3.3.2.3.             By Application

10.  Middle East and Africa Enzymes Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By Type (Industrial Enzymes, Specialty Enzymes,)

10.2.2.  By Source (Plant, Animal, Microbial)

10.2.3.  By Application (Food & Beverage, Biotechnology & Pharmaceuticals, Animal Feed, Others)

10.2.4.  By Country

10.3.              MEA: Country Analysis

10.3.1.  South Africa Enzymes Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Type

10.3.1.2.2.           By Source

10.3.1.2.3.           By Application

10.3.2.  Saudi Arabia Enzymes Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Type

10.3.2.2.2.           By Source

10.3.2.2.3.           By Application

10.3.3.  UAE Enzymes Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Type

10.3.3.2.2.           By Source

10.3.3.2.3.           By Application

11.  Market Dynamics

11.1.              Drivers

11.2.              Challenges

12.  Market Trends & Developments

12.1.              Recent Development

12.2.              Mergers & Acquisitions

12.3.              Product Launches

13.  Global Enzymes Market: SWOT Analysis

14.  Porter’s Five Forces Analysis

14.1.              Competition in the Industry

14.2.              Potential of New Entrants

14.3.              Power of Suppliers

14.4.              Power of Customers

14.5.              Threat of Substitute Products

15.  Competitive Landscape

15.1.              Business Overview

15.2.              Product Offerings

15.3.              Recent Developments

15.4.              Financials (As Reported)

15.5.              Key Personnel

15.6.              SWOT Analysis

15.6.1    BASF SE.

15.6.2    Novozymes A/S.

15.6.3    DuPont Danisco Cellulosic Ethanol LLC.

15.6.4    Novus International Inc.

15.6.5    Associated British Foods PLC.

15.6.6    Chr Hansen Holding A/S.

15.6.7    Advanced Enzyme Technologies Ltd.

15.6.8    Enzyme Development Corp.

15.6.9    Codexis Inc.

15.6.10 Amano Enzyme USA Co Ltd.

Strategic Recommendations

Figures and Tables

Frequently asked questions

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The growing demand for bakery and brewing applications and rising level of urbanization and global population largely contribute to the overall growth of the food & beverage industry are some of the major factors driving the growth of Global Enzymes market.

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BASF SE., Novozymes A/S., DuPont Danisco Cellulosic Ethanol LLC., Novus International Inc., Associated British Foods PLC., Chr Hansen Holding A/S., Advanced Enzyme Technologies Ltd., Enzyme Development Corp., Codexis Inc., Amano Enzyme USA Co Ltd. are some of the leading players operating in Global Enzymes Market.

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The microbial segment is expected to dominate Global Enzymes Market during the forecast period due to production cost is low and that is easy availability of this source.

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North American region is expected to hold the largest share of Global Enzymes Market Due to various technological advancements for protein engineering.

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