A research study titled, “Enzymes Market by Product
Type, Application and Reaction Type -
Global Industry Analysis and Forecast to 2025” published by Crystal Market
Research, states that the Enzymes Market is projected to be around $7.65 billion
by 2025.
The global
Enzymes market was worth USD 4.56 billion in the year of 2016 and is
expected to reach approximately USD 7.65 billion by 2025,
while registering itself at a compound annual growth rate (CAGR) of 5.92%
during the forecast period. Enzymes are macromolecular organic impetuses.
Chemical reactions are escalated by enzymes. The molecules that the enzymes act
as are known as substrates and the enzymes transform the substrate into various
molecules known as products. Mostly all metabolic procedures in the cell
require enzymes to develop at rates that are fast enough to preserve life. The study
of enzymes is known as Enzymology. Enzymes catalyze more than 5,000 types of
biochemical reactions. Most of the enzymes are proteins although some of them
are catalytic ribonucleic acid enzymes molecules. Certain enzymes are utilized
commercially, like in the synthesis of antibiotics. Some household
products make the use of enzymes to fasten the chemical reactions. The enzymes
present in biological washing powders help to break down fat, protein or starch
stains from clothes and the enzymes that are present in the meat tenderizer
assists in breaking down the proteins and makes the meat easier to chew.
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Increasing utilization of enzymes in
detergents, food & beverages and pharmaceuticals is one of the major
factors that boost the growth of this market. In addition, the usage of enzymes
in the germination in breweries, for the clarification of fruit juices, food
processing and manufacturing of cheese is anticipated to have a significant
impact on the growth of the global enzymes market. Increasing requirement of
enzymes for applications like photography, contact lens cleaners, molecular
biology and rubber are said to fuel the demand of the product, thereby driving
the enzymes market. Additionally, rising awareness among consumers regarding
high quality food is one of the prime factors that drive the growth of this
market.
On the basis
of type the global enzymes market is segmented into Amylases,
Cellulase, Protease, Lipase and Phytase. On the basis of applications the
market is segmented into Food & beverages, Animal feed and cleaning agents.
On the basis of target audience the market is segmented into Government and
research organizations, Food & beverage, animal feed, cleaning agent &
detergent manufacturers, Enzyme importers and exporters and Enzyme traders,
distributors, and suppliers. Some of the prominent players in the enzymes
market are Roche Holding AG, Advanced Enzymes, DSM, Danisco, DuPont Genencor,
Lonza Group, Ab Enzymes GmbH and Novozymes. Geographically, the market is
segmented into Asia Pacific, North America, Europe and Rest of the world.
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Competitive
Insights
Some of the major players in this market are Ab Enzymes GmbH,
DSM, Roche Holding AG, DuPont Genencor, Advanced
Enzymes, Lonza Group, Novozymes, BASF and Danisco. These companies provide
numerous products that are useful for various applications like household,
agricultural & feed, bioenergy, pharmaceuticals and technical and food
& beverages.
The global
Enzymes market is segmented as follows-
By
Type
- Cellulases
- Carbohydrates
- Polymerases and nucleases
- Phytases
- Amylases
- Lipases
- Proteases
By
Application
- Food & Beverages
- Bioenergy
- Household Care
- Feed
- Biotechnology and Pharmaceutical
- Other Application
By
Reaction Type
- Transferases
- Hydrolases
- Oxidoreductases
- Lyases
- Other Reaction Type
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