DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/ff5s3v/world_enzymes) has announced the addition of the "World Enzymes Market - Opportunities and Forecasts, 2014 -2020" report to their offering.
The increasing use of functional food and beverages (which contain enzymes), increasing demand for cellulosic and amylase biofuels along with effective pharmaceuticals & cosmetics, are some of the key factors that drive the growth of the global enzymes market during the analysis period. Furthermore, the increasing adoption of technology such as protein engineering is significantly fueling the demand for the enzyme market. Factors restraining the market growth are high sensitivity of enzymes to temperature and pH and risk of contamination.
The global enzymes market is segmented based on the application, source, type, reaction type and geography. Based on the applications, the market is segmented into food and beverages, household care, bioenergy, pharmaceutical and biotechnology, feed and others. Based on the source, the market is segmented into three types namely microorganisms, animals and plants. Microorganism segment holds the dominant share in the market due to its easy availability, feasibility for large scale production and cost-effectiveness. Based on the product type, the market is segmented into proteases, carbohydrases, lipases, polymerases & nucleases and others. Based on the reaction type, the market is segmented into hydrolases, oxidoreductases, transferases, lyases and others.
Geographically, the global enzyme market is segmented into North America, Europe, Asia-Pacific and LAMEA. North American market is the largest market for the enzymes due to the availability of large manufacturing base and favorable government policies. However, the manufacturing base of almost all sectors such as pharmaceutical and biotechnology sector (diagnostics, drug development, clinical research and as bio-catalysts), food & animal feed, textiles, detergents, agriculture, pulp/paper processing, and leather processing is gradually shifting to the Asia-Pacific region making it more lucrative.
The key companies profiled in this report includes Novozymes, DuPont, Roche Holdings AG, BASF, Life technologies, Advance enzyme Technologies Ltd, Affymetrix Inc, and Codexis Inc.
KEY MARKET SEGMENTS:
The Global Enzymes Market is segmented as below:
Global Enzymes Market By Application
- Food and Beverages
- Household Care
- Pharmaceutical and Biotechnology
Global Enzymes Market By Source
Global Enzymes Market By Type
- Polymerases & nucleases
Global Enzymes Market By Reaction Type
- AB Enzymes
- Advanced Enzyme Technology Ltd.
- Affymetrix Inc.
- BBI Enzymes Ltd.
- Codexis Inc.
- Roche Holding AG
- Sanofi S.A.
For more information visit http://www.researchandmarkets.com/research/ff5s3v/world_enzymes