Industrial Enzymes Market - Global Forecast 2022

1. MarketsandMarkets™ Presents Industrial Enzymes Market- Global Forecast to 2022 https://www.marketsandmarkets.com/Market-Reports/industrial-enzymes-market-237327836.html

2. The report "Industrial Enzymes Market by Type (Amylases, Cellulases, Proteases, Lipases, and Phytases), Application (Food & Beverages, Cleaning Agents, and Animal Feed), Source (Microorganism, Plant, and Animal), and Region - Global Forecast to 2022", The global industrial enzymes market is projected to reach USD 6.30 Billion by 2022 in terms of value, at a CAGR of 5.8% from 2017.. The global industrial enzymes market has grown exponentially in the last few years and this trend is projected to continue. With the advent of strong R&D capabilities, companies are developing industrial enzymes that are of organic & natural origin and can act as alternatives to chemicals whose usage is strictly regulated by government agencies.   The leading players in the industrial enzymes market are considered for this study. A brief description of the company and their products are mentioned in the company profiles. Detailed insights about the key strategies and recent developments of the companies in attaining a strong position in the dairy ingredients market provided. The key players in this market are BASF SE (Germany), DowDuPont (US), Associated British Foods plc (UK), Koninklijke DSM N.V. (Netherlands), and Novozymes A/S (Germany). These companies use strategies such as mergers & acquisitions, expansions & investments, and new product launches to strengthen their position in the market. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=237327836

3. Proteases projected to be the largest segment • Proteases accounted for the largest market share in the industrial enzymes market due to their wide range of applications in food & beverage, detergent, and biofuel industries. Protease enzymes have been used in food processing for centuries in traditional applications such as deriving cheese, curd, and whey from milk. The use of protease in animal feed contributes significantly to the growth of the animal feed enzyme market. • Food & beverages: The most widely preferred industrial enzymes • The food & beverages segment accounted for the largest share in the industrial enzymes market, in terms of value, in 2016. The extensive requirement of carbohydrases in food processing, brewing, baking, and biofuel manufacturing has been one of the key drivers of the industrial enzymes market. With recent developments in enzyme technology and the introduction of several enzyme blends and genetically modified enzymes, industrial manufacturers are compelled to optimize their yield and processing capabilities, to achieve the desired result. Industrial enzymes play a significant role in accelerating industrial processes and optimizing yield (5% to 8%) from the same quantity of raw materials, making them a crucial part of the food processing industry. • Asia-Pacific projected to be the most lucrative market for industrial enzymes • In 2016, the Asia-Pacific region accounted for a significant share of the global industrial enzymes market and is projected to grow at the highest CAGR during the forecast period. The rise in population, per capita income, healthcare expenditure, increase in awareness of diseases, buying power of population, and rapid growth in technologies have led to the growth in opportunities in Asia-Pacific region for industrial enzymes. • Make an Inquiry: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=237327836

4. This report is targeted at the existing players in the industry, which include the following: • Enzyme manufacturers • Enzyme importers and exporters • Enzyme traders, distributors, and suppliers • Food & beverages, animal feed, cleaning agents & detergent manufacturers • Government and research organizations • Associations and industry bodies such as Food and Drug Administration (FDA), Association of Manufacturers & Formulators (AMFEP), and Enzyme Technical Associations (ETA) • Raw material producers, suppliers, and distributors • Research and consulting firms • Scope Of The Report • On the basis of type, the industrial enzymes market has been segmented into: • Amylases • Cellulases • Proteases • Lipases • Phytases • Others • On the basis of source, the industrial enzymes market has been segmented into: • Micro-organisms • Plants • Animals

5. On the basis of Application, the industrial enzymes market has been segmented into: • Food & beverages • Baked goods • Dairy • Others • Cleaning agents • Laundry detergents • automatic dishwashing detergent • Others • Animal feed • Other enzymes • On the basis of region, the industrial enzymes market has been segmented into: • North America • Europe • Asia Pacific   • RoW (South America and Middle East & African countries) • Request Sample: https://www.marketsandmarkets.com/requestsampleNew.asp?id=237327836

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