Saudi Arabia Industrial Enzymes Market
is anticipated to post robust growth by 2023, due to the growing demand of
industrial enzymes in the food & beverage industry for different uses such
as enhancing flavour, imparting texture and minimize the use of synthetic
chemicals. Moreover, the widespread use of enzymes in the manufacturing of
animal feed to ensure high quality nutrition for animals is expected to drive
the growth of the market during the forecast period. The increasing demand of
industrial enzymes derived from micro-organisms as the output and enzymatic
content can be controlled coupled with the ethical issues associated with
animal enzymes is anticipated to propel the demand for industrial enzymes in
the next five years. Based on the type, the amylases segment is expected to
grow at the highest CAGR by 2023, due to widespread use in fermentation of food
products, manufacture of beverages, and for research in pharmaceuticals and
healthcare industry. Based on the application, the food & beverage segment
leads the market in 2017 and is expected to maintain its position during the
forecast period owing to the rising adoption of industrial enzymes in the food
and beverage industry for developing new dairy products, beverages, and food
items for the consumers.
Years
considered for this report:
Historical Years: 2013-2016
Base Year: 2017
Estimated Year: 2018
Forecast Period: 2018–2023
Objective of the Study:
- To analyse and forecast the market size of Saudi
Arabia Industrial Enzymes Market, in terms of value.
- To classify and forecast Saudi Arabia Industrial
Enzymes based on type, source, application and regional distribution.
- To identify drivers and challenges for Saudi
Arabia Industrial Enzymes Market.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in Saudi
Arabia Industrial Enzymes Market.
- To conduct the pricing analysis for Saudi
Arabia Industrial Enzymes Market.
- To identify and analyse the profile of leading
manufacturers in the Saudi Arabia Industrial Enzymes Market.
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Some of the leading players in the Saudi
Arabia Industrial Enzymes Market are BASF SE, Associated British Foods PLC, Koninklijke
DSM N.V., E. I. Du Pont De Nemours and Company, Novozymes A/S, Dyadic
International Inc., Advanced Enzyme Technologies Ltd, Adisseo, Chr. Hansen Holding
A/S, Amano Enzyme Inc. etc.
TechSci Research performed both primary as well as exhaustive secondary
research for this study. Initially, TechSci Research sourced a list of Industrial
Enzymes manufacturers in Saudi Arabia. Subsequently, TechSci Research conducted
primary research surveys with the identified companies. While interviewing, the
respondents were also enquired about their competitors. Through this technique,
TechSci Research could include the Industrial Enzymes manufacturers which could
not be identified due to the limitations of secondary research. TechSci
Research analysed the retailers, distribution
channels and presence of all major Industrial Enzymes manufacturers in Saudi
Arabia.
TechSci
Research calculated the market size of Saudi Arabia Industrial Enzymes Market using a bottom-up approach, where data for various product types were
recorded and forecast for the future years. TechSci Research sourced these
values from the industry experts and company representatives and externally
validated through analysing historical data of these product types and
applications for getting an appropriate, overall market size. Various secondary
sources such as company website, news articles, press releases, company annual
reports, investor presentations and financial reports were also used by TechSci
Research.
Key Target Audience:
- Industrial
Enzymes Manufacturers
- Industrial
Enzymes Dealers and Suppliers
- Traders
and Distributors
- Food
& Beverages Industries
- Biotechnology
Industries
- Regulatory
organizations.
- Raw
material suppliers and distributors.
- Research
organizations and consulting companies.
- Market
research and consulting firms.
The study is useful in providing answers to several critical questions
that are important for the industry stakeholders such as manufacturers,
distributors and partners, end users, etc., besides allowing them in
strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, Saudi Arabia Industrial Enzymes Market has
been segmented into following categories, in addition to the industry trends
which have also been detailed below:
- Market, By Type:
- Amylases
- Cellulases
- Proteases
- Lipases
- Phytases
- Others
- Market, By Source:
- Micro-Organisms
- Plants
- Animals
- Market, By Application:
- Food & Beverages
- Cleaning Agents
- Laundry Detergents
- Automatic Dishwashing Detergent
- Others
- Animal Feed
- Others
- Market, by Region:
- Northern Region
- Southern Region
- Eastern Region
- Western Region
- Central Region
Competitive Landscape
Company Profiles: Detailed analysis of the major
companies present in Industrial Enzymes Market segment.
Available Customizations:
With the given market data, TechSci Research offers customizations
according the 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).
Profit
Margin Analysis
- Profit margin analysis in case of direct and
indirect sales channel.
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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]