(Food-Beverage-News.Com, January 15, 2020 ) Meticulous Research® – leading global market research company studying a market titled “𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐢𝐚𝐥 𝐄𝐧𝐳𝐲𝐦𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐛𝐲 𝐓𝐲𝐩𝐞 (𝐂𝐚𝐫𝐛𝐨𝐡𝐲𝐝𝐫𝐚𝐬𝐞𝐬, 𝐏𝐫𝐨𝐭𝐞𝐚𝐬𝐞𝐬, 𝐋𝐢𝐩𝐚𝐬𝐞𝐬, 𝐏𝐡𝐲𝐭𝐚𝐬𝐞𝐬), 𝐒𝐨𝐮𝐫𝐜𝐞 (𝐏𝐥𝐚𝐧𝐭, 𝐀𝐧𝐢𝐦𝐚𝐥, 𝐌𝐢𝐜𝐫𝐨𝐨𝐫𝐠𝐚𝐧𝐢𝐬𝐦), 𝐁𝐲 𝐅𝐨𝐫𝐦 (𝐋𝐢𝐪𝐮𝐢𝐝, 𝐒𝐨𝐥𝐢𝐝), 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧 (𝐅𝐨𝐨𝐝 𝐩𝐫𝐨𝐜𝐞𝐬𝐬𝐢𝐧𝐠, 𝐃𝐞𝐭𝐞𝐫𝐠𝐞𝐧𝐭𝐬 𝐚𝐧𝐝 𝐂𝐥𝐞𝐚𝐧𝐞𝐫𝐬, 𝐁𝐢𝐨𝐟𝐮𝐞𝐥, 𝐓𝐞𝐱𝐭𝐢𝐥𝐞𝐬, 𝐏𝐮𝐥𝐩 𝐚𝐧𝐝 𝐏𝐚𝐩𝐞𝐫, 𝐀𝐧𝐢𝐦𝐚𝐥 𝐅𝐞𝐞𝐝), 𝐚𝐧𝐝 𝐑𝐞𝐠𝐢𝐨𝐧 - 𝐆𝐥𝐨𝐛𝐚𝐥 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐭𝐨 𝟐𝟎𝟐𝟒’’.
Synthetic chemicals are used to produce everything from fertilizers and detergents to processed foods, cosmetics, and pharmaceuticals. The synthesis chemical industry is huge, and production is expensive and time-consuming, and often leads to toxic waste streams. Many synthetic chemicals cause unacceptable side effects such as skin or respiratory systems problem, damage to the central nervous system, immune system, etc. However, industrial enzymes are sustainable options for the use of harmful chemicals in the industry because they work under mild conditions, thus, reducing energy consumption, and thereby, decreasing greenhouse gas emissions. In addition, industrial enzymes reduce water consumption and chemical waste and minimize by-products generation, posing minimal risk to humans and the ecosystem. Thus, the use of enzymes is regarded as safe, cost-effective, and environmentally friendly.
The industrial enzymes market study presents historical market data in terms of value (2017 and 2018), estimated current data (2019), and forecasts for 2024 - by type, source, and end-user industries. The study also evaluates industry competitors and analyzes the market at the regional and country levels.
Carbohydrases segment accounted for the largest market share of the global industrial enzymes market in 2018. The large share of this segment is attributed to their increasing usage in food and beverages. Amylase is the most common type of carbohydrases, which finds applications in various industrial processes, such as food, fermentation, etc.
The food processing segment accounted for the largest market share in 2018. The large share of this segment is mainly attributed to the rising demands for food, disposable income, and health awareness.
𝐀𝐬𝐢𝐚-𝐏𝐚𝐜𝐢𝐟𝐢𝐜: 𝐓𝐡𝐞 𝐅𝐚𝐬𝐭𝐞𝐬𝐭 𝐆𝐫𝐨𝐰𝐢𝐧𝐠 𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐌𝐚𝐫𝐤𝐞𝐭
North America commanded the largest share of the global industrial enzymes market in 2018, followed by Asia-Pacific, Europe, Latin America, and Middle East & Africa. However, during the forecast period, Asia-Pacific will be the fastest-growing regional market due to the rising population, high disposable income, rising demand for food and beverages, changing lifestyle of people in developing economies such as China and India, growing food processing industry, and rapid industrialization.
𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐢𝐚𝐥 𝐄𝐧𝐳𝐲𝐦𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭
The report includes an extensive assessment of the key strategic developments adopted by leading market participants in the industry over the past 4 years (2016-2019). For instance, in September 2018, Novozymes A/S and DSM N.V. launched the world’s first enzyme to improve gut functionality for broiler chickens. It enables broilers to better take up nutrients, and poultry farmers can use less feed and move towards a more sustainable production.
𝐓𝐡𝐞 𝐦𝐚𝐣𝐨𝐫 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐨𝐩𝐞𝐫𝐚𝐭𝐢𝐧𝐠 𝐢𝐧 𝐭𝐡𝐞 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐢𝐚𝐥 𝐞𝐧𝐳𝐲𝐦𝐞𝐬 𝐦𝐚𝐫𝐤𝐞𝐭 𝐚𝐫𝐞 DSM N.V. (The Netherlands), F. Hoffmann-La Roche AG (Switzerland), AB Enzymes GmbH (Germany), Advanced Enzyme Technologies Ltd. (India), Sigma-Aldrich Corporation (U.S.), Adisseo France SAS (France), AEB Africa (Pty) Ltd. (South Africa), Zymetech ehf (Iceland), Enzymatica AB (Sweden), Novus International, Inc. (U.S.), Bioresource International, Inc. (U.S.), Biocatalysts Limited (U.K.), Lesaffre et Compagnie, SA (France), Qingdao Vland Biotech Co., Ltd. (China), Aum Enzymes (India), Novozymes A/S (Denmark), Nature Bioscience Pvt.Ltd. (India), E. I. Du Pont De Nemours and Company (U.S.), BASF SE (U.S.), Dyadic International Inc. (U.S.), and Chr. Hansen Holding A/S (Denmark).