Industrial Enzymes Market Overview
Maximize Market Research has published a report on the global Industrial Enzymes Market, providing a comprehensive overview of the market, its dynamics, regional insights, and competitive landscape. The report is a valuable resource for investors and key players, providing insights that can be used to make informed decisions about the market.
Expected Expansion for Industrial Enzymes Market:
Industrial Enzymes Market was valued at USD 7.09 Bn in 2022, and it is expected to reach USD 10.96 Billion by 2029, exhibiting a CAGR of 6.4 % during the forecast period (2023-2029)
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Industrial Enzymes Market Report Segmentation:
by Types
• Carbohydrases
• Amylases
• Cellulases
• Proteases
• Lipases
by Application
• Food Beverages
• Cleaning agents
• Animal feed
• Detergents
• Waste water treatment
• others
In 2022, the food and beverage category dominated the market, accounting for more than 22.0% of total sales. Industrial enzymes play an important role in the manufacture of nutritious foods and beverages. Cheese processing, fruit and vegetable processing, fats and oils processing, grain processing, protein processing, and other food processing industries such as baking, dairy, cereal extraction, and brewing necessitate customized solutions and distinct enzyme products. Specialized enzyme solutions help food and beverage firms improve end-product quality, increase production, optimize resources, save costs, reduce environmental contamination, and reduce waste.
by Source
• Microorganisms
• Plants
• Yeast
• Animals
• Fungal
According to Source, in 2022, the microorganisms category will account for more than 60% of revenue. Enzymes generated from microorganisms are divided into three types: bacterial, fungal, and yeast. Industrial enzymes developed from mushrooms include phenol oxidases, esterases, and hydrolases. Bacillus is the most prevalent producer of bacterial enzymes. The majority of industrial enzymes are utilized in the detergent, pharmaceutical, and food and beverage industries. Fungi-based products are becoming increasingly popular as they are used in a wide range of end-use sectors. Fungal enzymes have several applications since they play a significant role in the production and preparation of a wide range of food products, including beer, soy sauce, dairy products, processed fruits, and baked goods.
Industrial Enzymes Market Report Leading Players:
• Chr. Hansen,
• Novozymes A/S,
• Codexis Inc.,
• Novus International Inc.,
• Associated British Foods (ABF) plc.
• AB Enzymes GmbH,
• E.I.du Pont de Nemours and Company,
• Advanced Enzyme Technologies Ltd.,
• Koninklijke DSM N.V.
• Amano Enzyme Inc.,
• BASF SE,
• DSM,
• DowDuPontInc,
• Roche
• Amano Enzymes Inc.
• Adisseo
• Codexis, Inc.
• F. Hoffmann-La Roche Ltd.
• Thermo Fisher Scientific Inc. (Affymetrix, Inc.)
• Amicogen Inc.
• AUM Enzymes
• Biocatalysts Ltd.
• Inofea AG
• Direvo industrial Biotechnology GMBH
• Dyadic International
• Enginzyme AB
• Enzymicals AG
• Genofocus, Inc.
• Maps Enzymes ltd.
• Speciality Enzymes and Biotechnologies company
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Industrial Enzymes Market Report Scope and Research Methodology
The Industrial Enzymes market report provides a comprehensive assessment of the global market, including insights into the industry's stakeholders. The report includes detailed information on the Industrial Enzymes market's value, revenue, production, and sales. It clearly shows the historical and current status of the market, as well as the forecasted trends and Industrial Enzymes market size.
The report employed several research methodologies to understand consumer behavior, including interviews and surveys. MMR's report is the result of a multi-method study that included Porter's, PESTLE, and SWOT analyses, as well as a bottom-up approach to estimating the Industrial Enzymes market size. Primary and secondary research methodologies were used to collect the data for the Industrial Enzymes market report. These methods were used to shed light on the key financial considerations of Industrial Enzymes key players.
Industrial Enzymes Market Regional Insights
A detailed analysis of all five regions including North America, Asia Pacific, Europe, Middle East and Africa and South America is provided in the Industrial Enzymes market report.
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Key Questions answered in the Industrial Enzymes Market Report are:
- What is the forecast period of the Industrial Enzymes market report?
- What was the Industrial Enzymes market size in 2023?
- What is the expected Industrial Enzymes market size by 2029?
- What is the expected Industrial Enzymes market size by the end of the forecast period?
- Which segment in the Industrial Enzymes market is expected to grow rapidly during the forecast period?
- Who are the Industrial Enzymes key players in the industry?
- What key trends are expected to emerge in the Industrial Enzymes market during the forecast period?
- Which region dominated the global Industrial Enzymes market?
- Which regional market is expected to grow at a high rate during the forecast period?
Key Offerings:
- A detailed Market Overview
- Market Share, Size Forecast by Revenue
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis of segments and sub-segments
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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