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

Published: October 2016
No. of Pages: 164
    ReportsandReports

“Industrial enzymes market projected to grow at a CAGR of 5.8%.”

The industrial enzymes market is projected to grow at a CAGR of 5.8% from 2017 and reach USD 6.30 billion by 2022. The demand for industrial enzymes is projected to grow, owing to the increase in demand for biofuel, advancements in R&D activities for industrial enzymes, growth in demand for consumer products, and multi-functionality of industrial enzymes. Stringent government rules & regulations and lack of transparency in patent protection laws are the major restraints for the industrial enzymes market.

“Bio-friendly applications of cellulase make it the fastest growing industrial enzyme globally”

In terms of value, the cellulases segment is projected to grow at the highest rate between 2017 and 2022, due to the growing importance of these enzymes in the production of biofuels, environment-friendly biological washing powders, and the juice and puree processing industry, which act as drivers for the enzymes. The market for cellulases for application in the beverage industry is driven by health-conscious consumers who prefer natural, organic, and environment-friendly ingredients in their diets. Furthermore, a trend toward healthier diet choices by consumers has caused the food & beverage industry to include enzymes such as cellulases in their product offerings.

“Asia-Pacific projected to be the fastest-growing region in the market.”

The Asia-Pacific region accounted for the fastest growing region, in terms of value, in the global industrial enzymes market, in 2015. This region comprises developing economies such as China, Japan, and India, which are the largest consumers of industrial enzymes in the world. The increase in population and per capita income in India and China are is expected to drive the demand from end-use segments such as food & beverages, detergents, and consumer goods. North America accounted for the largest share in the industrial enzymes market mainly due to the increase in use of enzymes in the production of biofuels, detergents, and food processing industries in the region.

Break-up of primaries:

  • By Company Type: Tier 1 – 50 %, Tier 2 – 30%, and Tier 3 – 20%
  • By Designation: C level – 28%, Director level – 22%, and Others – 50%
  • By Region: North America - 40%, Europe – 30%, Asia-Pacific – 21%, and RoW – 09%

The global market for industrial enzymes is dominated by large players such BASF SE (Germany), E.I. du Pont de Nemours and Company (U.S.), Associated British Foods plc (U.K.), Koninklijke DSM N.V. (Netherlands), and Novozymes A/S (Denmark). Other players in this segment include Dyadic International Inc. (U.S.), Advanced Enzyme Technologies Ltd (India), Adisseo (China), Chr. Hansen Holding A/S (Denmark), and Amano Enzyme Inc. (Japan).

Research Coverage

The industrial enzymes market has been segmented on the basis of type, application, source, and region. In terms of insights, this research report has focused on various levels of analyses—industry analysis, market share analysis of top players, and company profiles, which together comprise and discuss the basic views on the competitive landscape, emerging & high-growth segments of the global industrial enzymes market, high-growth regions, countries, and their respective regulatory policies, government initiatives, drivers, restraints, opportunities, and challenges.

Reasons to buy this report:

  • To get an overview of the global industrial enzymes market
  • To get an overview of the key players of the industrial enzymes industry and product portfolios and key strategies adopted by key players to attain the market presence
  • To gain insights of the major region in which the industrial enzymes market is growing
  • To gain knowledge of the growth of various enzymes

Published By: MarketsandMarkets
Product Code: MarketsandMarkets1719


Did you find what you are/were looking for ? If not, read below and browse through other relevant pages for similar market research reports OR get in touch with us through the form/contact info in your right navigation panel and well share relevant market report titles for you to explore.

Related Reports:

  • Global Nylon String Trimmer Line Market Professional Survey Report 2017

    This report studies Nylon String Trimmer Line in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to...

  • Global Non Dairy Creamer Market Professional Survey Report 2017

    This report studies Non Dairy Creamer in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022. ...

  • Global Beta Carotene Market Professional Survey Report 2017

    This report studies Beta Carotene in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022. Th...

  • Global Soybean Milk Market Professional Survey Report 2017

    This report studies Soybean Milk in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022. Thi...

  • United States STV Series Stevia Market Report 2017

    In this report, the United States STV Series Stevia market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report splits the Unite...

  • United States Stevia Blends Market Report 2017

    In this report, the United States Stevia Blends market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report splits the United St...

  • United States Specialty Snacks Market Report 2017

    In this report, the United States Specialty Snacks market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report splits the United...

  • United States Smart Agriculture/Farming Market Report 2017

    In this report, the United States Smart Agriculture/Farming market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report splits t...

  • United States Reb-A Series Stevia Market Report 2017

    In this report, the United States Reb-A Series Stevia market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report splits the Uni...

  • United States Organic Milk Replacers Market Report 2017

    In this report, the United States Organic Milk Replacers market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report splits the ...


Why ReportsnReports.com?

  • 500,000 market research reports and growing.
  • Top Fortune 500 Organizations trust us for research data.
  • 24/7 support on call as well as emails.
  • Your Details are safe with us.
  • Free support for your research requirements.
  • Report Delivery: Email
  • Delivery Time:
    • Upto 24 hrs - working days
    • Upto 48 hrs max - weekends and public holidays

Research Support / Custom Research

If this business study does not have the data and information analysis you need, contact us with your research requirements. We explore available market research reports to map your needs and share report titles with you. Alternatively, we can also offer custom research that suits your budget and timelines. Share your information requirements here.
Connect With Us
Email: sales@reportsandreports.com Call : + 1 888 391 5441

Subscription Option

Using our subscription option, you get access to market research reports and industry data of Consumer Goods market as per your needs. Get the best of Consumer Goods research reports by utilizing your research budgets in an optimum way.

More about our Subscription option
Report Alerts

Get Email alerts about market research reports from industries and publishers of your interest: