Top 5 Vendors in the Specialty Enzymes Market from 2017 to 2021: Technavio

Technavio has published a new report on the global specialty enzymes market from 2017-2021. (Graphic: Business Wire)

???pagination.previous??? ???pagination.next???

LONDON--()--Technavio has announced the top five leading vendors in their recent global specialty enzymes market report. This research report also lists four other prominent vendors that are expected to impact the market during the forecast period.

The specialty enzymes market is expected to grow rapidly owing to the increasing demand from the pharmaceutical sector and other fast-growing applications in the diagnostics sector. The biotechnology sector is one of the fastest growing sectors that are impacting the specialty enzymes market.

Competitive vendor landscape

The global specialty enzymes market is consolidated due to the presence of a few vendors. Growing pharmaceutical sector coupled with demand for specialty enzymes for diagnostics has spurred the demand for growth in specialty enzymes.

The focus on R&D, expansion strategies, customization of product offerings, and engagement of existing customers to attract potential customers has increased. Customers seek innovative and efficient enzymatic solutions while being price sensitive,” says Hitesh Bhatia, a lead specialty chemicals research analyst from Technavio.

Global and local players are trying to hold a competitive position in the market by focusing on novel application enzymes. Global expansions are on the rise to tap growth prospects in developing economies. Strategic alliances with local manufacturers will aid global manufacturers to increase their offering and gain a regional foothold.

This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.

Top five specialty enzymes market vendors

AST Enzymes

AST Enzymes engages in the manufacture of pharmaceutical-grade enzyme supplements for cardiovascular, anti-inflammatory, joint, digestive, and colon health. It formulates and creates enzyme supplements that are manufactured using non-genetically modified (non-GM) natural ingredients.

BASF

BASF engages in the production of enzymes for human and animal nutrition and for detergents and cleaners. The acquisition of Verenium (now BASF Enzymes), was the biggest strategic decision taken by BASF. It enabled the company to access an enzyme technology platform for industrial enzymes.

Codexis

Codexis has a proprietary protein engineering platform, CodeEvolver. It offers specialty enzymes and screening kits. The enzymes manufactured from CodeEvolver platform are used to produce key ingredients in various blockbuster drugs, including atorvastatin, sitagliptin, simvastatin, esomeprazole, rivastigmine, and crizotinib.

DSM

DSM is a life sciences and material sciences company that caters to a wide range of markets, including animal nutrition and health, automotive and transportation, building and construction, crop protection, electrical and electronics, energy, marine, manufacturing and equipment, life protection, furniture, food and beverages, dietary supplements, flavors and fragrances, medical, packaging and graphic arts, paints and coatings, personal care, pharmaceuticals, sports, leisure and consumer goods, and textiles and clothing industries.

Novozymes

Novozymes is one of the leading manufacturers of industrial enzymes. It designs, manufactures, and markets industrial enzymes, biopolymers, and microorganisms. The company offers its products to various industries and operates through five market segments: Household care, food and beverages, agriculture and feed, and technical and pharmaceutical.

Browse Related Reports:

Become a Technavio Insights member and access all three of these reports for a fraction of their original cost. As a Technavio Insights member, you will have immediate access to new reports as they’re published in addition to all 6,000+ existing reports covering segments like glass and ceramics, industrial gases, and paints, coatings, and pigments. This subscription nets you thousands in savings, while staying connected to Technavio’s constant transforming research library, helping you make informed business decisions more efficiently.

About Technavio

Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.

Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.

If you are interested in more information, please contact our media team at media@technavio.com.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 630 333 9501
UK: +44 208 123 1770
www.technavio.com

Release Summary

Technavio has announced the top five leading vendors in their recent global specialty enzymes market report from 2017-2021.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 630 333 9501
UK: +44 208 123 1770
www.technavio.com