Based on application, it is classified into animal feed; aquaculture; cleaning; dietary supplements; food, beverage & ingredients; and waste treatment. Based on region, it market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The global hemicellulase market is driven by increase in disposable income leading to high demand for processed food, growth in urbanization, technological advancements in food & beverage industry, surge in demand for longer shelf life for products, rise in fitness-related concerns, and increase in awareness about the benefits of organic foods. However, lack of awareness about hemicellulase and high processing costs may hamper the market growth. The development of hemicellulose-associated products and penetration of key vendors in developing countries provide new opportunities for market expansion.
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Key players operating in this market include Schlumberger Limited, Halliburton, AB Enzymes, DPO International, Merck & Co., Inc., Meteoric Exim Private Limited, Biocon Ltd., Novozymes, Aum Enzymes, and Sdzucker.
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Key Benefits
• Market analysis for the global hemicellulase market is provided with region-specific assessments and competition analysis on the global and regional scale.
• The report provides an extensive information about the current and upcoming trends in the market through 2016-2023, which help to determine the potential growth opportunities.
• Key drivers and restraints impacting the market are listed in the report.
• Identification of factors instrumental in changing the market scenario, prospective opportunities, and key companies that can influence this market is presented.
• A wide-ranging knowledge and insights about major players in this industry and the key strategies adopted by them to sustain and grow are analyzed.
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