Global Industrial Enzymes Market Overview

Global Industrial Enzymes Market is expected to reach USD 6.39 Billion by 2023, witnessing growth at a CAGR of over 6%, in value terms, owing to the increasing demand of industrial enzymes from the dairy industry in the production of dairy products like milk, curd and cheese. Moreover, the growing use of enzymes in the manufacture of beverages like packaged juices and milkshakes, alcoholic beverages like beer and vine coupled with the rising popularity of genetically modified enzymes across various industries like detergents, pharmaceuticals etc will propel the growth of the market further. Based on the type, the proteases segment is expected to grow at the highest CAGR by 2023, due to widespread use in food, beverage, detergents, and pharmaceuticals. Based on the application, the food & beverage segment leads the market and is expected to maintain its position during the forecast period owing to the rising adoption of industrial enzymes in the food and beverage industry. North America leads the Industrial enzyme market owing to developed technologies and increasing investment in R&D in constituent countries like the United States and Canada, Asia-Pacific is anticipated to grow at the highest CAGR during the forecast period due to growing population, increasing per capita income and buying power of population in constituent countries like China, Japan and India.

Browse 4 market data Tables and 122 Figures spread through 142 Pages and an in-depth TOC on "Global Industrial Enzymes Market"

https://www.techsciresearch.com/report/industrial-enzymes-market/2519.html

Objective of the Study:

To analyse and forecast the market size of Global Industrial Enzymes Market, in terms of value.
To classify and forecast Global Industrial Enzymes based on type, source, application and regional distribution.
To identify drivers and challenges for Global Industrial Enzymes Market.
To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Global Industrial Enzymes Market.
To conduct the pricing analysis for Global Industrial Enzymes Market.
To identify and analyse the profile of leading manufacturers in the Global Industrial Enzymes Market.
Some of the leading players in the Global Industrial Enzymes Market are BASF SE, Associated British Foods PLC, Koninklijke DSM N.V., E. I. Du Pont De Nemours and Company, Novozymes A/S, Dyadic International Inc., Advanced Enzyme Technologies Ltd, Adisseo, Chr. Hansen Holding A/S, Amano Enzyme Inc. etc.

Download Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=2519

Customers can also request for 10% free customization on this report.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of Industrial Enzymes manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the Industrial Enzymes manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analysed the retailers, distribution channels and presence of all major Industrial Enzymes manufacturers across the globe.

TechSci Research calculated the market size of Global Industrial Enzymes Market using a bottom-up approach, where data for various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.

About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

Contact

Mr. Ken Mathews

708 Third Avenue,

Manhattan, NY,

New York – 10017

Tel: +1-646-360-1656

Email: [email protected]