DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Lipase Market: Trends Analysis & Forecasts up to 2022" report to their offering.
The global lipase market is expected to surpass USD 650 million by 2022, expanding at a CAGR of 6.5% to 70% over the forecast period of 2016 to 2022. Lipase is a pancreatic enzyme, which breaks down fats into glycerol and fatty acids. It plays a role in regulation of cholesterol levels and controlling the appetite of humans and animals. Moreover, Lipases can be a catalyst for esterification, interestification as well as transesterification reactions in mediums, which are nonaqeuous. Hence, it has wider applications in various industries.
Animal feed industry adopted lipase as a healthy alternative to chemical ingredients to augment growth of livestocks, poultry and aquatic animals naturally at lesser cost. The growth in the market is fuelled by the rising consumption of dairy, meat and other food products. Moreover, the increasing awareness among people about the need for healthy and non-chemical ingredients is driving several industries to use enzymes such as lipase. However, the lack of clarity in the laws and regulations regarding lipase patents across the world is a primary restraining factor hampering the growth prospects of the market.
The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. Asia-Pacific region leads the global lipase market followed by North America, Europe and South America. China, Japan and India drive the Asia-Pacific region with increase in consumption of food and beverages, dairy and other industrial products.
Companies Mentioned
- AB Enzymes
- Amano Enzyme
- Associated British Foods Plc
- Clerici-Sacco Group
- E. I. du Pont de Nemours and Company
- Enzyme Development Corporation
- Koninklijke DSM N.V
- Novozymes
- Renco Newzealand
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Sun HY
Key Topics Covered:
1. Preface
2. Executive Summary
3. Global Lipase Market Overview
4. Global Lipase Market Analysis, by Source (USD million) 2014-2021
5. Global Lipase Market Analysis, by Application (USD million) 2014-2021
6. Global Lipase Market Analysis, by Region (USD million) 2014-2021
7. Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/2hxzhq/global_lipase
