Global Enzymes Markets, 2020-2027: Size, Share and Trends Analysis Report - ResearchAndMarkets.com

DUBLIN--()--The "Enzymes Market Size, Share & Trends Analysis Report by Application (Industrial Enzymes, Specialty Enzymes), by Product (Carbohydrase, Proteases, Lipases), by Source, by Region, and Segment Forecasts, 2020-2027" report has been added to ResearchAndMarkets.com's offering.

The global enzymes market size is expected to reach USD 17.2 billion by 2027, registering a CAGR of 7.1% over the forecast period.

Increasing demand for enzymes from the food and beverage industry, especially for the production of brewing and bakery products is one of the key factors driving the market growth.

Food and beverage industry includes several applications such as baking, brewing, dairy, and starch and sugar, which find extensive use in daily human life. In the baking industry, these are used to provide specific properties to the flour or dough. In biscuits and crackers, the use of enzymes helps lower the protein content of flour while their use in bread improves or standardizes the quality and ensures uniform browning of the product. The product is extensively used in the food and beverage industry to improve the quality and productivity of products, which is anticipated to fuel the market growth.

Enzymes are also used as feed additives in the animal feed industry. Phytase, protease, and carbohydrase are used extensively in the animal feed industry. Phytase is an abundant source of phosphorus and a key ingredient required for the growth and repair of tissues and organs of animals. Carbohydrase is utilized for improving the digestion of carbohydrates present in the feed. They further breakdown starch into simple sugars such as fructose, maltose, and glucose. Increasing demand for the product in the animal feed industry due to their multi-functional attributes is anticipated to boost the enzymes market growth.

Enzymes used in industrial applications were traditionally extracted from animal organs such as calf stomach, plant materials, and microorganisms (bacteria, yeast, and fungi). With the emergence of technologies such as genetic engineering, manufacturers have a choice of producing required quantity of enzymes in selected production hosts such as microorganisms and transgenic plants. Market participants are focusing on backward integration by using suitable microorganisms such as bacteria, yeast, and fungi and further use those for the production on a commercial scale.

Further key findings from the report suggest:

  • In terms of revenue, the carbohydrase product segment is projected to dominate the market while expanding at a CAGR of 7.4% over the forecast period
  • The microorganisms source segment held the largest share of the market in terms of revenue and is anticipated to dominate the enzymes market in the forecast period
  • Asia Pacific is projected to witness a remarkable growth rate of 8.1% in the near future, owing to increasing consumption of food and beverage products, detergents, and animal feed in the region
  • The market is oligopolistic owing to the presence of three key players including Novozymes, DuPont Danisco, and BASF dominating the market
  • Some of the key companies present in the industry are BASF SE, Novozymes, DuPont Danisco, DSM, Associated British Foods plc, Chr. Hansen Holding A/S, and Advanced Enzyme Technologies

Key Topics Covered

Chapter 1 Methodology and Scope

Chapter 2 Executive Summary

2.1 Market Snapshot

2.2 Segment Outlook

2.3 Competitive Insights

Chapter 3 Enzymes Market: Variables, Trends & Scope

3.1 Market Lineage Outlook

3.2 Penetration & Growth Prospect Mapping

3.3 Industry Value Chain Analysis

3.3.1 Raw Material Trends

3.3.2 Manufacturing Trends

3.3.2.1 technology trends

3.4 Regulatory Framework

3.5 Market Dynamics

3.5.1 Market Driver Analysis

3.5.1.1 Increasing demand for food & beverages

3.5.1.2 Growing demand for animal feed

3.5.1.3 Focus on research & development in biotechnology

3.5.2 Market Restraint Analysis

3.5.2.1 Presence of stringent regulations

3.5.3 Industry Challenges

3.6 Business Environment Analysis

3.6.1 Industry Analysis: Porter's

3.6.2 Pestel Analysis

3.6.3 Major Deals & Strategic Alliances Analysis

Chapter 4 Enzymes Market: Application Estimates & Trend Analysis

4.1 Application movement analysis & market share, 2019 & 2027 (USD Million)

4.2 Enzymes Market Estimates & Forecasts by type, 2016-2027 (USD Million)

4.2.1 Industrial Enzymes

4.2.1.1 Food & Beverages

4.2.1.2 Detergent

4.2.1.3 Animal feed

4.2.1.4 Biofuels

4.2.1.5 Textiles

4.2.1.6 Paper & pulp

4.2.1.7 Nutraceutical

4.2.1.8 Personal care & cosmetics

4.2.1.9 Wastewater

4.2.1.10 Others

4.2.2 Specialty Enzymes

4.2.2.1 Pharmaceutical

4.2.2.2 Research & Biotechnology

4.2.2.3 Diagnostics

4.2.2.4 Biocatalysts

Chapter 5 Enzymes Market: Product Estimates & Trend Analysis

5.1 Product movement analysis & market share, 2019 & 2027 (USD Million)

5.2 Enzymes Market Estimates & Forecasts by product, 2016-2027 (USD Million)

5.2.1 Carbohydrase

5.2.2 Proteases

5.2.3 Lipases

5.2.4 Polymerases & Nucleases

5.2.5 Others

Chapter 6 Enzymes Market: Source Estimates & Trend Analysis

6.1 Source movement analysis & market share, 2019 & 2027 (USD Million)

6.2 Enzymes Market Estimates & Forecasts by source, 2016-2027 (USD Million)

6.3 Plants

6.4 Animals

6.5 Microorganisms

Chapter 7 Regional Estimates & Trend Analysis

7.1 Market share, 2019 & 2027 (USD Million)

7.2 Market Estimates & Forecasts by region, 2016-2027 (USD Million)

7.2.1 North America

7.2.2 Europe

7.2.3 Asia-Pacific

7.2.4 Central & South America

7.2.5 Middle East & Africa

Chapter 8 Competitive Landscape

8.1 Competitive Heat Map Analysis

8.2 Key Company Categorization

8.3 Vendor Landscape

8.4 Strategy Framework

Chapter 9 Company Profiles

9.1 BASF SE

9.1.1 Company Overview

9.1.2 Financial Performance

9.1.3 Product Benchmarking

9.1.4 Recent Developments

9.2 Novozymes

9.3 DuPont Danisco

9.4 DSM

9.5 Novus International

9.6 Associated British Foods plc

9.7 Chr. Hansen Holding A/S

9.8 Advanced Enzyme Technologies

9.9 Lesaffre

9.10 Adisseo

9.11 Enzyme Development Corporation

9.12 BBI Solutions

9.13 Amano Enzyme Inc.

9.14 Lonza Group

9.15 Aum Enzymes

For more information about this report visit https://www.researchandmarkets.com/r/3qlcou

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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900