Enzymes Market by Type, Application and Reaction Type - Analysis and Forecast to 2025
Enzymes Market from Qurate’s Repository provides detailed information, in-depth analysis, and forecast which is developed by a team of experts and professionals
(EMAILWIRE.COM, August 29, 2018 ) Industry Outlook and Trend analysis
The global enzymes market was worth USD 4.56 billion in the year of 2016 and is foreseen to garner roughly USD 7.65 billion by 2025, while registering itself at a compound annual growth rate (CAGR) of 5.92% during the forecast period. This significant growth in the upcoming years is owing to growing utilization in food and beverages, detergents and pharmaceuticals. The enzymes market is anticipated to reflect substantial growth due to increasing utilization in converting starch into glucose, germination in breweries, processing of food, clarification of fruit juice, manufacturing of cheese, pre-digestion of baby food and tenderizing of meat. Additionally, the supportive policies initiated by the government of Sweden, Austria, Germany, United States and France with the aim of encouraging the production of biodiesel will spur the demand in the upcoming years. Increasing requirement of the product for applications such as cleaners of contact lenses, rubber, molecular biology, photography, biofuels and biological detergents is anticipated to expand the industry in the following years. Additionally, growing awareness among consumers in regard with high quality of food is said to fuel the growth of the market significantly.
Request for Free Sample@ https://www.qurateresearch.com/report/sample/CnM/QBI-CMR-CnM-54963
Application Outlook and Trend Analysis
The largest application was Food and Beverages in the enzymes market and is expected to reflect considerable growth in the coming years owing to increase in disposable income and rising requirement among consumers for a nutritional diet. Furthermore, rising application in industries such as dairy, sugar manufacturing and meat processing is anticipated to fuel the growth of this market. The leading application of specialty enzymes in the market was pharmaceuticals that was worth USD 1.63 billion in the year 2015 and is anticipated to encounter significant growth owing to booming pharmaceutical sector in Vietnam, Indonesia, Mexico, China, Malaysia and India. Additionally, the rising values of pharmaceutical products that are enzyme-based are beneficial for the treatment of chronic diseases like Aids and cancer which is said to fuel the growth of this market.
Type Insights
Industrial enzymes registered for 59.6 percent of the market and are anticipated to encounter substantial growth owing to increasing application of nutritional and digestive enzymes in the nutraceutical industry. Rising application of industrial enzymes in detergents on account of it significant properties as a stain removal and ability to be utilized in low temperatures is said to boost the growth of the market.
Product Outlook and Trend Analysis
Enhancements in technology in the engineering of enzymes are anticipated to boost the carbohydrates market. However, the limitation of carbohydrates to function under disciplined temperatures and pH may inhibit the growth of the market. Unpredictable rules associated with the utilization of enzymes as an additive may restrict the expansion of the industry in the following years. The leading product segment were proteases that registered for 27.4 percent of the global market in the year 2015 and is anticipated to reflect significant growth due to increasing application in chemical sectors, detergents, pharmaceuticals in emerging countries like Brazil, China and India. Additionally, increasing awareness associated with neglecting nutrition levels has hiked the consumption of protein which is anticipated to boost the demand of proteases in the food sector in the following years. Lipases will encounter considerable growth owing to increased usage in food products like cakes, cheese, yoghurt and fermentation.
Regional Outlook and Trend Analysis
Asia Pacific is anticipated to encounter substantial profit owing to the growth of the Food and Beverages and pharmaceutical sectors coupled with the accessibility to raw materials for the manufacturing of biofuels. Factors such as urbanization and rising sensitivity towards safety of food, increasing requirement of effective health solutions and escalating food consumption are anticipated to have a significant impact on the growth of this market. The second largest market was Europe which was worth USD 2.16 billion in the year 2015 and is will reflect advantageous growth due to increased manufacturing of biodiesel in the region. Additionally, rising demand for cattle feed is anticipated to contribute to the growth of this market.
Competitive Insights
Some of the major players in this market are Ab Enzymes GmbH, DSM, Roche Holding AG, DuPont Genencor, Advanced Enzymes, Lonza Group, Novozymes, BASF and Danisco. These companies provide numerous products that are useful for various applications like household, agricultural & feed, bioenergy, pharmaceuticals and technical and food & beverages.
Enquiry About Report@ https://www.qurateresearch.com/report/enquiry/CnM/QBI-CMR-CnM-54963
The global Enzymes market is segmented as follows-
By Type
Cellulases
Carbohydrates
Polymerases and nucleases
Phytases
Amylases
Lipases
Proteases
By Application
Food & Beverages
Bioenergy
Household Care
Feed
Biotechnology and Pharmaceutical
Other Application
By Reaction Type
Transferases
Hydrolases
Oxidoreductases
Lyases
Other Reaction Type
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Russia
Italy
Rest of Europe
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Rest of Asia-Pacific
South America
Brazil
Argentina
Columbia
South Africa
Rest of South America
Middle East and Africa
Saudi Arabia
UAE
Egypt
Nigeria
South Africa
Rest of MEA
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2023?
What will be the industry market growth from 2015 to 2023?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?
Click on the link to Buy Now@ https://www.qurateresearch.com/report/buy/CnM/QBI-CMR-CnM-54963
The global enzymes market was worth USD 4.56 billion in the year of 2016 and is foreseen to garner roughly USD 7.65 billion by 2025, while registering itself at a compound annual growth rate (CAGR) of 5.92% during the forecast period. This significant growth in the upcoming years is owing to growing utilization in food and beverages, detergents and pharmaceuticals. The enzymes market is anticipated to reflect substantial growth due to increasing utilization in converting starch into glucose, germination in breweries, processing of food, clarification of fruit juice, manufacturing of cheese, pre-digestion of baby food and tenderizing of meat. Additionally, the supportive policies initiated by the government of Sweden, Austria, Germany, United States and France with the aim of encouraging the production of biodiesel will spur the demand in the upcoming years. Increasing requirement of the product for applications such as cleaners of contact lenses, rubber, molecular biology, photography, biofuels and biological detergents is anticipated to expand the industry in the following years. Additionally, growing awareness among consumers in regard with high quality of food is said to fuel the growth of the market significantly.
Request for Free Sample@ https://www.qurateresearch.com/report/sample/CnM/QBI-CMR-CnM-54963
Application Outlook and Trend Analysis
The largest application was Food and Beverages in the enzymes market and is expected to reflect considerable growth in the coming years owing to increase in disposable income and rising requirement among consumers for a nutritional diet. Furthermore, rising application in industries such as dairy, sugar manufacturing and meat processing is anticipated to fuel the growth of this market. The leading application of specialty enzymes in the market was pharmaceuticals that was worth USD 1.63 billion in the year 2015 and is anticipated to encounter significant growth owing to booming pharmaceutical sector in Vietnam, Indonesia, Mexico, China, Malaysia and India. Additionally, the rising values of pharmaceutical products that are enzyme-based are beneficial for the treatment of chronic diseases like Aids and cancer which is said to fuel the growth of this market.
Type Insights
Industrial enzymes registered for 59.6 percent of the market and are anticipated to encounter substantial growth owing to increasing application of nutritional and digestive enzymes in the nutraceutical industry. Rising application of industrial enzymes in detergents on account of it significant properties as a stain removal and ability to be utilized in low temperatures is said to boost the growth of the market.
Product Outlook and Trend Analysis
Enhancements in technology in the engineering of enzymes are anticipated to boost the carbohydrates market. However, the limitation of carbohydrates to function under disciplined temperatures and pH may inhibit the growth of the market. Unpredictable rules associated with the utilization of enzymes as an additive may restrict the expansion of the industry in the following years. The leading product segment were proteases that registered for 27.4 percent of the global market in the year 2015 and is anticipated to reflect significant growth due to increasing application in chemical sectors, detergents, pharmaceuticals in emerging countries like Brazil, China and India. Additionally, increasing awareness associated with neglecting nutrition levels has hiked the consumption of protein which is anticipated to boost the demand of proteases in the food sector in the following years. Lipases will encounter considerable growth owing to increased usage in food products like cakes, cheese, yoghurt and fermentation.
Regional Outlook and Trend Analysis
Asia Pacific is anticipated to encounter substantial profit owing to the growth of the Food and Beverages and pharmaceutical sectors coupled with the accessibility to raw materials for the manufacturing of biofuels. Factors such as urbanization and rising sensitivity towards safety of food, increasing requirement of effective health solutions and escalating food consumption are anticipated to have a significant impact on the growth of this market. The second largest market was Europe which was worth USD 2.16 billion in the year 2015 and is will reflect advantageous growth due to increased manufacturing of biodiesel in the region. Additionally, rising demand for cattle feed is anticipated to contribute to the growth of this market.
Competitive Insights
Some of the major players in this market are Ab Enzymes GmbH, DSM, Roche Holding AG, DuPont Genencor, Advanced Enzymes, Lonza Group, Novozymes, BASF and Danisco. These companies provide numerous products that are useful for various applications like household, agricultural & feed, bioenergy, pharmaceuticals and technical and food & beverages.
Enquiry About Report@ https://www.qurateresearch.com/report/enquiry/CnM/QBI-CMR-CnM-54963
The global Enzymes market is segmented as follows-
By Type
Cellulases
Carbohydrates
Polymerases and nucleases
Phytases
Amylases
Lipases
Proteases
By Application
Food & Beverages
Bioenergy
Household Care
Feed
Biotechnology and Pharmaceutical
Other Application
By Reaction Type
Transferases
Hydrolases
Oxidoreductases
Lyases
Other Reaction Type
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Russia
Italy
Rest of Europe
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Rest of Asia-Pacific
South America
Brazil
Argentina
Columbia
South Africa
Rest of South America
Middle East and Africa
Saudi Arabia
UAE
Egypt
Nigeria
South Africa
Rest of MEA
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2023?
What will be the industry market growth from 2015 to 2023?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?
Click on the link to Buy Now@ https://www.qurateresearch.com/report/buy/CnM/QBI-CMR-CnM-54963
Contact Information:
Qurate Business Intelligence
Nehal Chinoy
Tel: +919881074592
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results
Qurate Business Intelligence
Nehal Chinoy
Tel: +919881074592
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results