LONDON--(BUSINESS WIRE)--According to the latest market study released by Technavio, the global biocatalysis and biocatalysts market is expected to grow at a CAGR of more than 6% during the forecast period.
This research report titled ‘Global Biocatalysis and Biocatalysts Market 2017-2021’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. This market research report also includes up to date analysis and forecasts for various market segments and all geographical regions.
Biocatalysts are not only used to catalyze reactions of natural compounds with living systems but are also used to catalyze synthetic compounds. They are used in the production of pharmaceuticals, fine chemicals, and agricultural chemicals. For instance, nitrile hydratase from Rhodococcuss rhodochrous strain is developed for the hydrolysis of acrylonitrile to acrylamide for use in plastics.
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Technavio’s analysts categorize the global biocatalysis and biocatalysts market into six major segments by application. They are:
- Food and beverages industry
- Detergents industry
- Biofuel production industry
- Agriculture and feed industry
- Biopharmaceutical industry
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The top three segments based on application for the global biocatalysis and biocatalysts market are discussed below:
Global biocatalysis and biocatalysts market for food and beverages industry
The global biocatalysis and biocatalysts market in food and beverages industry will grow at a faster pace during the forecast period due to the rise in health consciousness among customers. Biocatalysts can help in the production of healthy food at a lower cost while decreasing the processing time and improved production quality.
According to Ajay Adhikari, a lead bio-chemicals and bio-materials research analyst from Technavio, “Biocatalysts, particularly carbohydrates, are used in fortification of breakfast cereals. The use of baking catalysts reduced the consumption of chemical additives in the confectionary and baking industry. The four main types of biocatalysts used in the baking industry are amylases, which convert starch to sugar and produce dextrin; oxidases, which help to strengthen and to bleach the dough; hemicellulase, which improves the gluten strength; and protease, which reduces the gluten elasticity.”
Global biocatalysis and biocatalysts market by detergents industry
The global biocatalysis and biocatalysts market in the detergents industry will grow at a steady pace during the forecast period due to the increasing use of biocatalysts, such as amylases, lipases, and proteases, in detergents to help remove stains from fibers. These enzymes allow stain removal in low temperature, short washing cycle, and minimal water usage.
“These biocatalysts are stapled ingredients in powder and liquid detergents, automatic dishwashing detergents, laundry pre-spotter, stain removers, and industrial/medical cleaning products. Biocatalysts are used to dye textiles and have several benefits such as powerful stain-removing techniques and fabric care,” says Ajay.
Global biocatalysis and biocatalysts market by biofuel production industry
The global biocatalysis and biocatalysts market in the biofuel production industry will grow at a moderate pace during the forecast period. Biocatalysts are used to overcome the drawbacks associated with the use of conventional chemical catalysts. When compared with the production using standard alkaline-catalyzed process, biocatalysts are less energy-intensive and eco-friendly.
Biofuels are produced from plants and other renewable sources, which require the breakdown of chemical cellulose. To break this cellulose, a ubiquitous microorganism called Clostridium thermocellum is required, which works efficiently in a high-temperature environment without oxygen.
The top vendors highlighted by Technavio’s research analysts in this report are:
- Royal DSM
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