The global Enzymes Market is expected to reach USD 16.69 Billion by 2027, according to a new report by Emergen Research. The growth of the market can be attributed due to the increasing demand for specialty and industrial enzymes from the pharmaceutical and food & beverage sectors. Increasing investments in the research and biotechnology sector to produce new medicines and diagnostic solutions is augmenting the demand for the industry.
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Key Highlights From The Report
- The Microorganism segment dominated the market with a share of 60.7% in 2019 due to the low production cost and easy availability.
- The Specialty enzymes are expected to register the highest CAGR of 7.0% over the forecast period due to the growing investments in the research & biotechnology sector and the pharmaceutical industry. Extensive research activities, growing demand for medicines, and increasing initiatives for funding are expected to drive the demand of the enzymes in the pharmaceutical industry and research & biotechnology sector.
- Asia-Pacific is expected to register the highest CAGR of 7.4% over the forecast period due to the increasing urban population in countries such as China, Malaysia, India, and Indonesia, growing awareness regarding chronic disorders and the rising disposable income of the consumers.
- Key participants include DuPont, Novozymes, DSM, Lonza Group, Amano Enzyme Inc., BASF SE, Advanced Enzyme Technologies, Hansen Holdings A/S, Associated British Foods plc, and Enzyme Development Corporation, among others.
The report further sheds light on the broad geographical fragmentation of the global Enzymes market, as well as various market segments and sub-segments categorized into product types, applications, and end-users. The regional overview in the global market report comprises the market size, value, share, volume, and cost analysis related to each region.
Emergen Research has segmented the global Enzymes Market on the basis of Source, Product, Application, and region:
- Source Outlook (Revenue, USD Billion; 2017-2027)
- Animals
- Microorganisms
- Plants
- Product Outlook (Revenue, USD Billion; 2017-2027)
- Proteases
- Carbohydrase
- Polymerases & Nucleases
- Lipases
- Others
- Application Outlook (Revenue, USD Billion; 2017-2027)
- Specialty Enzymes (Research & Biotechnology, Pharmaceuticals, Biocatalysts, Diagnostics)
- Industrial Enzymes (Food & Beverage, Animal Feed, Wastewater, Biofuels, Detergents)
Regional Bifurcation:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
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Focal Points of the Global Enzymes Market Report:
- Market Coverage: This section of the report covers significant details on the key manufacturers, vital market segments, product innovation scope, and the forecast years. Additionally, it describes in detail the range of the product and the global Enzymesmarket segmentation based on product type and application spectrum.
- Executive Summary: In this chapter, the global market growth rate, competitive landscape, drivers and constraints, trends, limitations, and the key market segments have been discussed at length.
- Regional Analysis: The report offers meaningful insights into the import and export trends, production and consumption capacities, estimated revenue share, and key players of each region dominating the market
- Competitive Landscape:The report also discusses the course of development of each market player in this industry vertical during the forecast period. It further details on the firms, industries, organizations, vendors, and local manufacturers engaged in this industry. The leading products and services to gain global and regional market shares form the competitive landscape of the Enzymes industry.
- Manufacturers’ portfolios: This section includes detailed information regarding the product portfolio of each local and global manufacturer, their strengths and weaknesses, product profiles, production value and capacity, and other vital information.
Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Enzymes Market Segmentation & Impact Analysis
4.1. Enzymes Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Growing Environmental Awareness
4.2.2.2. Increasing R&D for technical enzymes
4.2.2.3. Increasing demand for biofuel
4.2.3. Market restraints analysis
4.2.3.1. Growing Budget constraints
4.2.3.2. Stringent regulatory framework
4.2.3.3. Present challenging economic conditions due to the pandemic
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Enzymes Market By Source Insights & Trends, Revenue (USD Million), Volume (Kilo Tons)
5.1. Source Dynamics & Market Share, 2019 & 2027
5.1.1. Animals
5.1.2. Microorganisms
5.1.3. Plants
CONTINUED…!!
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