Vietnam Industrial Enzymes Market, By Type (Amylases, Cellulases, Proteases, Lipases, Phytases and Others), By Source (Micro-Organisms, Plants and Animals), By Application (Food & Beverages, Cleaning Agents, Animal Feed and Others), By Company and By Geography, Forecast & Opportunities, 2025

Vietnam Industrial Enzymes Market is anticipated to post robust growth by 2025, owing to the rising use of industrial enzymes for fermentation of milk to produce dairy products like curd, yogurt, cheese etc. The flourishing dairy industry and widespread production of cheeses in Vietnam is anticipated to have a positive impact on the demand for industrial enzyme in the coming years. Moreover, the increasing popularity of recombinant enzymes across various industries like detergents, pharmaceuticals etc as a result of constant innovations in R&D to increase the yield, improve enzyme specificity as well as stability will propel the growth of the market further. Additionally, the rising use of proteases in detergents coupled with the growing use in animal feed is projected to drive the growth of the market during the forecast period. Based on the application, the pharmaceutical segment is expected to lead the market during the forecast period owing to the rising R&D in recombinant techniques that have enabled in improving the yields of enzymes through fermentation, increased stability and altered specificity.

Years considered for this report:

Historical Years: 2015-2018

Base Year: 2019

Estimated Year: 2020

Forecast Period: 2021–2025

Objective of the Study:

• To analyse and forecast the market size of Vietnam Industrial Enzymes Market, in terms of value.
• To classify and forecast Vietnam Industrial Enzymes based on type, source, application and regional distribution.
• To identify drivers and challenges for Vietnam Industrial Enzymes Market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Vietnam Industrial Enzymes Market.
• To conduct the pricing analysis for Vietnam Industrial Enzymes Market.
• To identify and analyse the profile of leading manufacturers in the Vietnam Industrial Enzymes Market.

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Some of the leading players in the Vietnam 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 Vietnam. 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 Vietnam.

TechSci Research calculated the market size of Vietnam 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, Vietnam 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
• Baked Goods
• Dairy
• Others
• Cleaning Agents
• Laundry Detergents
• Automatic Dishwashing Detergent
• Others
• Animal Feed
• Others
• Market, by Region:
• North Vietnam
• South Vietnam
• Central Vietnam

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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