LIPASE MARKET - GROWTH, TRENDS, COVID-19 IMPACT, AND FORECASTS (2021 - 2027)

1. Title: Global Microbial Lipase Market – Industry Trends and Forecast to 2027. Keywords: Microbial Lipase Market, Microbial Lipase Industry, Microbial Lipase Market Size, Microbial Lipase Market Share, Microbial Lipase Market Trends Description: Microbial Lipase Market by Application (Cleaning Agents, Animal Feed, Dairy Products, Bakery Products, and Confectionery Products), Form (Powder and Liquid), Source (Fungi and Bacteria), and Region - Global Forecast to 2027. Market Overview It is estimated that the global microbial lipase market is likely to show significant growth during the forecast period from 2021 to 2027. Microbial lipase is currently paid attention with rapid development in enzyme technology and its widespread industrial applications. Microbial lipase finds application in foods, oil & fat, soap & detergent, pulp & paper, leather, textile, cosmetics, and biodiesel. This makes microbial lipases the most widely used class of enzymes in different industrial activities. The microbial lipase market is largely driven by increasing awareness about animal health, need for better quality of animal feed products and increasing consumption of enzyme- modified cheese and other dairy ingredients. Microbial enzymes provide various advantages over the plant or animal-based enzymes such as a variety of catalytic activity, high production capacity within a short period and ease of genetic manipulation. However, microbial lipase show stability under various chemical and physical conditions and can be extracted easily, which reduces cost of production and makes it source preferable over plant or animal source. Competitive Landscape Some of the key players in the global microbial lipase market are Novozymes A/S(Denmark), Chr.Hansen Holding A/S (Denmark), Koninklijke DSM N.V (The Netherlands), Associated British Foods plc.(U.K), Dowdupont Inc.(U.S.), Amano Enzymes Inc.(Japan), Advanced Enzymes Technologies Limited(India), Enzyme Development Corporation(U.S.), Aumgene Biosciences (India), Biocatalysts Limited (U.K.), Creative Enzymes (U.S). Market Segmentation The global microbial lipase market has been segmented into application, source, form, and region. Based on application, the market has been segmented into cleansing agent, animal feed, dairy product, bakery products, confectionery products, and others. While the cleansing agent and confectionery segments are likely to be fastest growing segment during the forecast period. Based on source, the market has been segmented into fungi and bacteria, among which the demand for fungal lipase is growing across the world, especially

2. in developing countries. Based on form, the market has been segmented into powder and liquid . Access Full Report Details and Order this Premium Report @ https://www.marketresearchfuture.com/press-release/microbial-lipase-market Regional Analysis Geographically, Asia-Pacific is anticipated to dominate the global microbial lipase market during the forecast period owing to increasing demand for better quality feed for livestock and increased consumption of dairy products in the region. However, growth in concern regarding the spread of infectious diseases the market for microbial lipases in the cleaning agent segment is projected to grow in this region. NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details. About Market Research Future At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. Contact Market Research Future

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