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Enzymes Market size was valued at USD 11.47 billion in 2021 and is poised to grow from USD 12.28 billion in 2022 to USD 20.31 billion by 2030, growing at a CAGR of 6.5% in the forecast period (2023-2030).
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Global Enzymes Market Size, Share, Growth Analysis, By Type By Application - Industry Forecast 2023-2030 Enzymes Market size was valued at USD 11.47 billion in 2021 and is poised to grow from USD 12.28 billion in 2022 to USD 20.31 billion by 2030, growing at a CAGR of 6.5% in the forecast period (2023-2030). Enzymes are responsible for managing or speeding up the reaction, providing various advantages over traditional chemical processes in terms of process efficiency and sustainability. As a result, enzymes are becoming increasingly popular in industrial applications. Enzyme catalysis has been scaled up for a variety of industrial operations, including the food and beverage business, textiles, detergents, paper & pulp, waste management, leather processing, biofuel sector, pharmaceuticals & biotechnology industry, and agriculture. Enzyme demand is expected to rise across all industry verticals due to their extremely efficient bio- catalysis, product selectivity, and lower physiological and environmental toxicity. Furthermore, the use of less energy (temperature) and total time reduction in the manufacturing process has resulted in significant cost
savings. As a result, global enzyme uptake and use are expected to rise. The increasing consumer awareness of one's health is attributable to the increased demand for food and beverage goods, which is predicted to favourably affect product demand throughout the forecast period. Enzymes are taken from various animal tissues, including the calf stomach, bacteria, and plant components, among others. With the advent of new technology, product makers may now select their desired host for manufacturing, such as transgenic plants or microorganisms.
Global Enzymes Market Segmental Analysis The global Enzymes market is segmented based on type, application and region. Based on type, the market is segmented into Carbohydrase, Lipase, Protease, Others. Based on application, the Enzymes market is segmented into dietary nutrition, functional nutrients, sports nutrition, infant nutrition, others. Based on region, the Enzymes market is categorized into North America, Europe, Asia-Pacific, and MEA. View-more https://www.skyquestt.com/report/enzymes-market Enzymes market Top Players Company Profiles •Novozymes •DSM •BASF SE •DowDuPont Inc. •Chr. Hansen Holding A/S •Kerry Group plc •Roche Holding AG •Amano Enzyme Inc.
•Advanced Enzyme Technologies Ltd. •AB Enzymes GmbH •Enzyme Development Corporation •Specialty Enzymes & Biotechnologies Co. •Biovet Private Limited •Biocatalysts Ltd. •Creative Enzymes •Dyadic International Inc. •Lumis Biotech Pvt. Ltd. •Megazyme International Ireland Ltd. •Nagase America LLC •Nutriteck Inc. About Us: SkyQuest Technology is leading growth consulting firm providing market intelligence, commercialization and technology services. It has 450+ happy clients globally. Address: 1 Apache Way, Westford, Massachusetts 01886
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