Industrial Enzymes Market | Analysis By Top Industry Players, Trends And Forecast Up to 2023

PS-LOGO
Some of the drivers behind the growing demand of global industrial enzymes market include increase in demand of consumer goods, surge in demand for biofuel, increase research and development investment of industrial enzymes, and need of cost reduction and resource optimization in the production process of bakery products, animal feed, cleaning agents and others.
Industrial enzymes can be used in several environmental friendly industrial purposes, as they are highly efficient, selective, accelerate and speed up reactions by forming transition state complex with their substrate, which reduces the activation energy of the reaction.
Based on type, the global industrial enzymes market is segmented into carbohydrases, protease, non-starch polysaccharides (NSP), and others. Based on application, the global industrial enzymes market is segmented into food and beverages, cleaning agents, animal feed, and others.
Geographically, North America is the largest market for industrial enzymes. During the forecast period, the Asia-Pacific industrial enzymes market is expected to grow at the fastest rate. China, Japan, and India are expected to dominate the industrial enzymes market in Asia-Pacific.
Some of the major competitors in the global industrial enzymes market include BASF SE, E. I. Du Pont De Nemours and Company, Koninklijke DSM N.V., Amano Enzyme Incorporated, Novozymes A/S, Chr. Hansen A/S, Codexis Incorporated. and Associated British Foods PLC.
Global Industrial Enzymes Market Segmentation

 By Industrial Enzyme Type

  • Carbohydrases
    • Cellulases
    • Amylases
    • Others
  • Protease
  • Non-Starch Polysaccharides (NSP)
  • Others

By Application

  • Food and beverages
  • Cleaning Agents
  • Animal Feed
  • Others

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

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