DUBLIN, Dec. 7, 2023 /PRNewswire/ -- The "Industrial Enzymes Market Report 2023-2033" report has been added to ResearchAndMarkets.com's offering.
The global industrial enzymes industry is on the brink of a significant expansion with projections that world revenue will exceed US$6.82 billion by 2023.
The surge is attributed to myriad factors including the burgeoning food and beverage industry, innovative product applications, and geographical market evolutions. This comprehensive 318-page analysis provides a deep dive into the vibrant industrial enzymes market, elucidating the key dynamics that are envisaged to steer the industry from 2023 to 2033. With a strong focus on the growth drivers, the report offers invaluable insights into how the market is adapting post-COVID-19 pandemic and identifies lucrative opportunities across diverse segments.
Substantial Growth Expected in Food and Beverage Applications
The report underscores the exponential expansion of the food and beverage sector as a principal factor fueling the demand for industrial enzymes. These biological catalysts are pivotal in enhancing product quality and nutritional value, with enzymes such as amylase and protease playing a critical role in bakeries and the dairy industry. The forecast period is poised to witness increased adoption of these enzymes, aligning with consumer trends towards healthier and more sustainable food choices.
Market Segments Under the Spotlight Market Segment Breakdown
- By Formulation: The intriguing dynamics between lyophilized, liquid, and dry formulations.
- By Source: Microorganism-derived enzymes versus those extracted from plants and animals.
- By Type: A detailed look into carbohydrases, proteases, lipases, among others.
- By Application: In-depth market prospects in segments such as biofuels, paper & pulp, and animal feed.
Regional Analysis
The report provides detailed revenue forecasts and market share analysis not only on a global scale but also for specific regions, including North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. A keen focus is given to countries such as the United States, Canada, Brazil, Germany, and China, which are expected to be pivotal in the overall market growth.
Industrial Enzymes: A Competitive Landscape
This essential industry guide encapsulates the competitive environment, detailing profiles of leading companies poised for expansion and offering foresight into their market strategies. The report harnesses both quantitative and qualitative analyses, presenting a multifaceted understanding of current market dynamics, cost structures, and forecasted trends. Organizations seeking a detailed and nuanced view of the industrial enzymes market, along with potential investment opportunities, will find this report to be an indispensable tool. With this current analysis at hand, stakeholders across various industries will be informed and poised to make strategic decisions that align with the anticipated market development over the next decade.
Key Insights at the Forefront
- Original analyses on market dynamics and opportunities post-pandemic recovery
- Segment-wise growth trends and revenue opportunities geared for strategic planning
- Highlights of successful industry trajectories and future revenue projections
Market Dynamics
Market Driving Factors
- Growing Demand for Sustainable and Eco-Friendly Products Across Various Industries
- Increasing Demand for Processed Foods and Beverages Is Fuelling the Growth of the industrial enzymes market
- Technological Advancements and Innovations in Enzyme Engineering and Biotechnology
Market Restraining Factors
- The High Cost of Research and Development and the Complex Regulatory Environment
- Limited Consumer Awareness About the Benefits of Industrial Enzymes and their Applications
- The Potential Health and Safety Risks Associated with the Use of Enzymes in Industrial Processes
Market Opportunities
- The Growing Demand for Enzyme-Based Solutions in the Textile and Personal Care Industries
- The Rise of Precision Medicine and Personalized Healthcare Is Creating New Opportunities
- The Increasing Demand for Biofuels and Renewable Energy Sources Is Creating New Opportunities
This robust market research report provides a detailed forecast stretching to 2033, showcasing original analyses, business outlooks, and anticipated developments. The insights delivered are concocted to enable industry leaders to stay ahead of the curve, cementing their market position and pinpointing emerging avenues for revenue.
With the global industrial enzymes market poised for significant growth, this publication emerges as a critical resource for those looking to grasp the future market landscape and align with the upcoming decade's prospects.
Select company profiles include
- Advanced Enzyme Technologies
- Amano Enzyme Inc.
- Associated British Foods
- Aumgene Biosciences
- BASF
- Chr. Hansen
- Creative Enzymes
- DSM (Dutch Multinational Corporation)
- DuPont de Nemours, Inc
- EDT-Enzymatic Deinking Technologies, LLC
- Enzyme Supplies Limited
- Kerry Group plc
- Megazyme Limited
- Novozymes A/S
- Sunson Industry Group Co., Ltd
- Advanced Enzymes Technologies
- AUM Enzymes
- Biocatalysts
- Biocon
- BioResource International
- Codexis
- Dyadic International
- Enmex
- Enzymatic Deinking Technologies
- Enzyme Development Corporation
- Enzyme Supplies Limited
- Ginkgo Bioworks
- GlaxoSmithKline
- Iogen
- Kaneka Corporation
- Kemin Industries
- Lonza
- Lumis Biotech
- MetGen
- Roche
- Sanofi S.A.
- Shandong Longda Bio-Products
- Specialty Enzymes & Probiotics
- Strem Chemicals
- Suntory
- Thermo Fisher Scientific
- Tianjin Tailida Biotechnology
- Verenium Corporation
- Wacker Chemie
- Zhejiang Deyer Chemicals
- Zhejiang New Huadong Chemical
- Zoetis
For more information about this report visit https://www.researchandmarkets.com/r/3m4tkf
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