Global Industrial Enzymes Market showed crucial growth in the recent years and is anticipated to witness a steep rise by generating an estimated revenue of US$ xx.xx over the forecast period. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 7.1% during the forecast period, i.e. 2017-2025.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

Industrial enzymes are produced from living organisms such as plants, animals and other micro-organisms, which are natural protein molecules that are used in industries to speed up the production processes, which in return helps to reduce time, low pressures and temperatures and cheaper starting materials could be used. The industrial enzymes are widely used in various industries such as food and beverages, starch processing for brewing and bakery products, detergents for textiles among other industries. For instance, Bayer AG, provides bio-bleaching for textiles, which is applicable to all kinds of color and is more environment friendly, which contains industrial enzymes such as lipase and amylase. Owing to these factors the global industrial enzymes market is expected to generate high revenue during the forecast period.

Market Dynamic

Industrial enzymes market is majorly driven by its application in dairy, bakery, brewing and other food and beverage products which helps in better yield of glucose from starch, juices, wines and others. The application of industrial enzymes in food helps to reduce 30 percent of steam cost, 90 percent of by-product production, and reduction of ash production by 55 percent. The use of amylase helps to extend shelf-life of cakes and breads, production of dairy products by lipase, derived protease, lysozyme, and others. The protease helps to improve the tenderness of meat along with improvement in emulsification, foaming and solubility of various food products. The detergent industry however is the major end user of industrial enzymes which aids in removing dirt’s and stains by usage of biological detergent powder which majorly contains enzymes such as cellulases, amylase, and lipase. In recent developments, International Organization of Vine and Wine (OIV), in 2015, approved the use of industrial enzyme urease for removal of urea from wine. New industrial enzymes such as hydantoinase, nitrile hydratase, reductase, and lactonase has its application in pharmaceuticals, which are applied to medicines that react faster than normal medicines, these major innovations in the field of biotechnology is expected to propel the industrial enzymes market during the forecast period.

Regional Analysis

North America is expected to dominate the global industrial enzymes market throughout the forecast period from 2018 to 2025 due to increasing demand forpackaged food, and rise in consumption of bio-fuel among others is expected to boost the market. Industrial enzymes helps to increase the shelf life of packaged food, thus maintaining its appearance and texture for a longer period. According to the Food and Drug Administration (FDA), in 2017, revenue generation for packaged food and beverages accounted for US$ 378 billion coupled with the approval of international free trade agreements from the U.S. government opened up various opportunities for the players in food and beverage industry, which in return is expected to boost the global industrial enzymes market during the forecast period.

Global Industrial Enzymes Market Study Objective

1. To forecast the market size of industrial enzymes market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

2. Market analysis and forecast of industrial enzymes market on the basis of region, substrate and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

3. To analyze and elaborate significant factors that will have major impact on the growth of industrial enzymes market, such as drivers, restraints, challenges and opportunities.

4. Regional analysis of industrial enzymes market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa and Asia Pacific.

5. Strategic analysis of micromarkets, in terms of individual prospects, opportunities, growth trends and their involvement in overall market.

6. To provide detailed analysis of competitive and strategic developments in the industrial enzymes market like new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

Key Players Landscape

Major players operating in the field of industrial enzymes market include AB Enzymes, Advanced Enzymes, BASF SE, Bioresource International, Inc., Buckman Laboratories International, Inc., Direvo Industrial Biotechnology Gmbh, Dowdupont, Koninklijke Dsm N.V., Lesaffre, Novozymes A/S, among others.

Global Industrial Enzymes Market Study Report Offer You!

The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.