According to a market report by Lucintel, the future of the biocatalysis & biocatalyst market looks promising with opportunities in the food & beverage, cleaning agent, biofuel production, agriculture & feed, and biopharmaceutical industries The biocatalysis & biocatalyst market is expected to grow with a CAGR of 15% from 2019 to 2024. The major growth drivers for this market are increasing penetration of biocatalysis in various industries, increasing awareness about environment-friendly products, and advancements in biocatalysis technology.
In this market, hydrolases, oxidoreductases, and transferases are the major catalyst type.
Within the biocatalysis & biocatalyst market, food & beverages, cleaning agents, biofuel production, agriculture & feed, and biopharmaceuticals are the major end use industries. Food & beverages is the largest end use segment of the biocatalysis & biocatalyst market.
Europe is expected to remain the largest market over the forecast period due to stringent environmental regulations.
E.I. Dupont De Nemours & Co., Royal DSM N.V., Codexis Inc., BASF SE, AB Enzymes Gmbh, Amano Enzymes, Novozymes A/S, Chr. Hansen, Dyadic International Inc., and The Soufflet Group are among the major manufacturers of biocatalysis & biocatalysts.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the biocatalysis & biocatalyst market by end use industry, catalyst type, and region. Lucintel has prepared a comprehensive research report entitled "Biocatalysis & Biocatalyst Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the biocatalysis & biocatalyst market by end use industry, catalyst type, and region as follows:
By Catalyst Type: [$M shipment analysis for 2013 – 2024]:
• Hydrolases
• Oxidoreductases
• Transferases
• Others
By End Use Industry: [$M shipment analysis for 2013 – 2024]:
• Food & Beverages
• Cleaning Agents
• Biofuel Production
• Agriculture & Feed
• Biopharmaceuticals
• Others
By Region: [$M shipment analysis for 2013 – 2024]:
• North America
− The US
− Canada
− Mexico
• Europe
− Germany
− Spain
− France
− The United Kingdom
− Russia
• Asia Pacific
− China
− Japan
− India
− South Korea
− Thailand
• Rest of the World

More than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link…… [email protected].
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.

This report answers following 11 key questions:
Q.1 What are some of the most promising potential, high growth opportunities for the biocatalysis & biocatalyst market by catalyst type (hydrolases, oxidoreductases, transferases, and others), end use industry (food & beverages, cleaning agents, bio fuel production, agriculture & feed, biopharmaceuticals, and others), and region (North America, Europe, Asia Pacific, and Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the biocatalysis & biocatalyst market?
Q.5 What are the business risks and threats to the biocatalysis & biocatalyst market?
Q.6 What are emerging trends in this biocatalysis & biocatalyst market and the reasons behind them?
Q.7 What are some changing demands of customers in the biocatalysis & biocatalyst market?
Q.8 What are the new developments in the biocatalysis & biocatalyst market? Which companies are leading these developments?
Q.9 Who are the major players in this biocatalysis & biocatalyst market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in the biocatalysis & biocatalyst market?