Global Industrial Enzymes Market was valued US$ XX Bn in 2019 and is expected to reach US$ XX Bn by 2026, at CAGR of 5.8% during forecast period of 2019 to 2027.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
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Enzyme is a substance that boosts the rate of chemical reaction in a living organism without changing itself. Industrial Enzymes are those enzymes that are used for commercial purposes in number of industries for example pharmaceuticals, chemicals, biofuels, food & beverage, biotechnology, biopolymers, textile, paper & pulp, and leather industry.
The global industrial enzymes market is driven by stringent environmental norms curbing the usage of chemicals, growing diversity in enzyme applications and niche products. Advancement of technology and consumer awareness for higher quality of food Types has created huge potential for this industrial growth. However, factors like harsh rules and regulations regarding this market has slowed down the speed of growth.
Global Industrial Enzymes Market Segment Analysis:
The industrial enzymes market is segmented into type, application, source and Geography. On the basis of type, the industrial enzymes market is classified into Carbohydrases, amylases, cellulases, proteases, lipases, phytases, and others. Carbohydrasesholds the largest market share and are used to separate simple sugars. Also it has a major application of conversion into sugar syrups.
Based on application, industrial enzymes market is segmented into three different applications such as food & beverages, cleaning agents, animal feed detergents, waste water treatment, and others.
Geographically, the Industrial enzyme market is segmented into North America, Europe, Asia-Pacific, Latin America and Middle East Africa. Among these, North America accounted for the XX% market share of the industrial enzymes market in 2019, followed by Europe and Asia-Pacific. The market in Asia Pacific is expected to expand at a high CAGR of XX% during the forecast period.
The objective of the report is to present a comprehensive analysis of Global Industrial Enzymes Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants by region.
PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market are presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Industrial Enzymes Market dynamics, structure by analyzing the market segments and project the Global Industrial Enzymes Market size. Clear representation of competitive analysis of key players By Type, Price, Financial position, Product portfolio, Growth strategies, and regional presence in the Global Industrial Enzymes Market make the report investor’s guide.
Global Industrial Enzymes Market, Key Highlights:
• Global Industrial Enzymes Market analysis and forecast, in terms of value.
• Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global Industrial Enzymes Market
• Global Industrial Enzymes Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.
• Global Industrial Enzymes Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study.
• Global Industrial Enzymes Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation.
• Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.
• Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global Industrial Enzymes Market are also profiled.
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Global Industrial Enzymes Market, by Types:
Global Industrial Enzymes Market, by Application:
• Food & Beverages
• Cleaning agents
• Animal feed
• Waste water treatment
Global Industrial Enzymes Market, by Source:
Global Industrial Enzymes Market, by Geography:
• North America
• Rest of the world
Global Industrial Enzymes Market Key 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,
• Amano Enzymes Inc.
• 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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