The global industrial enzymes market has grown exponentially in the last few years and this trend is projected to continue. With the advent of strong R&D capabilities, companies are developing industrial enzymes that are of organic & natural origin and can act as alternatives to chemicals whose usage is strictly regulated by government agencies.

Download the PDF brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=237327836

Food & beverages: The most widely preferred industrial enzymes-

The food & beverages segment accounted for the largest share in the industrial enzymes market, in terms of value, in 2016. The extensive requirement of carbohydrases in food processing, brewing, baking, and biofuel manufacturing has been one of the key drivers of the industrial enzymes market. With recent developments in enzyme technology and the introduction of several enzyme blends and genetically modified enzymes, industrial manufacturers are compelled to optimize their yield and processing capabilities, to achieve the desired result. Industrial enzymes play a significant role in accelerating industrial processes and optimizing yield (5% to 8%) from the same quantity of raw materials, making them a crucial part of the food processing industry.

Asia-Pacific projected to be the most lucrative market for industrial enzymes-

In 2016, the Asia-Pacific region accounted for a significant share of the global industrial enzymes market and is projected to grow at the highest CAGR during the forecast period. The rise in population, per capita income, healthcare expenditure, increase in awareness of diseases, buying power of population, and rapid growth in technologies have led to the growth in opportunities in Asia-Pacific region for industrial enzymes.

The major restraining factor for the Industrial enzymes market is stringent regulations in this industry and lack of transparency in patent protection laws.

Increasing use of cellulases in bio-fuel production; amylases in dairy production; and lipases for detergents and other industrial applications have fueled the growth of the industrial enzymes market.

Read more: https://www.marketsandmarkets.com/Market-Reports/industrial-enzymes-market-237327836.html