Enzymes Market - The Industry Set to Grow Positively

Enzymes Market â&#x20AC;&#x201C; Opportunity, Forecast, 2014 - 2020

Published: Sept 2015

No of Pages: 133

Enzymes Market Scenario

 Enzymes Market is Expected to Reach $5.4 Billion, Globally, by 2020.  Global enzymes market is expected to register a CAGR of 7.8% during 2015-2020.  The household care segment holds about 1/3rd of the overall market share in 2014.

Enzymes Market Key Segments

By Type • Proteases • Carbohydrases • Lipases • Polymerases & nucleases By Reaction Type • Hydrolases • Oxidoreductases • Transferases • Lyases By Application • Food and Beverages • Household Care • Bioenergy • Pharmaceutical and Biotechnology • Feed

Enzymes market is further bifurcated based on

 Carbohydrates enzymes segment held a dominant position in 2014 and would continue to lead over the forecast period.  polymerases & nucleases segment is projected to be the fastest growing segment owing to its growing utilization in biotechnology and pharmaceutical research.  Rising adoption of enzymes in pharmaceutical formulations are the key factors fueling the market growth.  Use of feed enzymes in animal nutrition would further boost the market growth.  Hydrolases enzyme segment dominated the market with around 77.9% market share in 2014.  large scale use of hydrolytic enzymes for the hydrolysis of carbohydrates and proteins.

Dominating Applications of Enzymes Market

 Enzymes are witnessing high demand in various industries such as biofuels, food & beverages and detergents.  The growing popularity of enzymes for production of renewable fuels such as biodiesel, preference of enzymes for manufacturing mild detergents.  Rising adoption of enzymes in pharmaceutical formulations are the key factors fueling the market growth.  Use of feed enzymes in animal nutrition would further boost the market growth.

Key Benefits

 Pharma & biotech application is projected to deliver fastest growth during the forecast period  Plant derived enzymes segment would witness fastest adoption during the forecast period

 The Asia Pacific would exhibit fastest growth during the forecast period

Enzymes Market By Geography

North America, Europe, Asia Pacific, LAMEA

Key Players Operating in Enzymes Market 1.Novozymes 2.DuPont 3.Roche Holdings AG 4.BASF 5.Life technologies 6.Advance enzyme Technologies Ltd 7.Affymetrix Inc 8.Codexis Inc

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Enzymes Market - The Industry Set to Grow Positively

Published on Nov 3, 2016

Allied Market Research

Enzymes Market is Expected to Reach $5.4 Billion, Worldwide, by 2020. View at : https://www.alliedmarketresearch.com/enzymes-market Enzymes have gathered a special attention in the recent years due to its potential application in the several industries such as food & animal feed, textiles and Surfactants, pharmaceuticals & biotechnology R&D and manufacturing and others (paper and pulp processing, leather processing and agriculture). Enzymes are the proteins that act as biocatalysts to accelerate the reaction and produce the desired results in reactions. The use of enzymes in the manufacturing process, results in significant cost reductions due to limited energy (temperature) consumption, and better substrate activity.