Global Industrial Enzymes Market – Industry Outlook and Forecast 2019-2026 The global industrial enzymes market was valued at USD 5.3 billion in 2018 and is expected to reach USD 8.1 billion in 2026, growing at a CAGR of 5.8% during the forecast period. Get Exclusive Sample of Report on Industrial Enzymes market is available at https://www.alltheresearch.com/sample-request/192 Industrial enzymes are biological catalysts used to boosts the production processes and increase chemical reactions. The industrial enzymes are used in various industrial and chemical applications which include brewing, tanning, baking, and animal feed & biofuel production. Based on applications, different types of enzymes such as cellulases, amylases, proteases, phytases, and lipases are used. The growth of the industrial enzymes market is primarily driven by the rising enzymes demand from food & beverage, nutraceutical, and textile applications, increase in the consumption of processed food and packaged food across the globe, and multi-functionality of industrial enzymes. The major players operating in the global industrial enzymes market are BASF SE (Germany), DowDuPont (US), Associated British Foods plc (UK), Koninklijke DSM N.V. (Netherlands), and Novozymes A/S (Germany), Dyadic International Inc. (US), Advanced Enzyme Technologies Ltd (India), Adisseo (China), Chr. Hansen Holding A/S (Denmark), and Amano Enzyme Inc. (US) among others. Based on the type, the global industrial enzymes market has been segmented into amylases, cellulases, proteases, lipases, phytases, and others. The protease segment accounted for approximately 37% of the share in the global industrial enzymes market in 2018. Based on the application, the market has been segmented into food & beverages, cleaning agents, animal feed, and others. The food & beverages segment accounts of the largest share in the market and are expected to grow at a CAGR of around 6.2% during the forecast period.
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https://www.alltheresearch.com/customization/192 North America accounted for nearly 35% share of the global industrial enzymes market in 2018 and is expected to dominate the market throughout the forecast period. The rapid consumption of enzymes in various end-user industries enhanced productivity, and better product value is the major driving factor for the region in the global market. Major Points from Table of Contents Chapter Chapter Chapter Chapter Chapter Chapter Chapter Chapter
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