(Food-Beverage-News.Com, September 16, 2017 ) According to the report Europe Carbohydrase Market by Source (Plants, Animals, Microorganisms), by Type (Amylases, Cellulases), by Application (Animal Feed, Pharmaceuticals, Food & Beverages, Others), and by Region - Industry Analysis, Size, Share, Growth, Trends, and Forecasts (20162021) published by Market Data Forecast, the European Carbohydrase Market is expected to grow at a CAGR of 6.38% and reach USD 0.8 billion in 2021 from USD 0.59 billion in 2016.
The Europe Carbohydrase market is expected to show evident potential in the forecasting period. The market continues to build up momentum with enormous growth in the pharmaceutical sector over the recent years, which has fueled the market of carbohydrase, attracting more and more companies.
Carbohydrase is a kind of enzyme, with a large family of cellulase, amylase etc. Carbohydrase is an important raw material in various applications in different industries like food, beverages, animal feed, pharmaceuticals, leather, textile, and others. One of the major purposes of carbohydrase in these industries is to reduce the greenhouse gas emission and avoid wastage of other raw materials.
The pharmaceutical industry has witnessed a significant growth lately, which has been an important factor in the favour of carbohydrase market. Other major factors, driving the growth include increasing demand in Asia-Pacific, emerging applications of carbohydrase and advancements in technology in enzyme engineering. On the other side, the market faces some restraints as well. These include temperature and pH in alpha-amylase activity and high production costs. These factors have been holding back the market from reaching its actual potential.
The Europe Carbohydrase market is divided based on type, application and source. The segmentation on the basis of type is done into amylase and cellulase. On the basis of application, the market is categorized into food & beverages, animal feed and pharmaceuticals. Further, based on source the segmentation is done under microorganisms, plants and animals. On the basis of geography, the Europe market is analysed under various regions namely U.K, Germany, Spain, Italy and France.
Some of the major competitors in the European Carbohydrase market are: Amano Enzyme Inc. AB Enzymes Gmbh Dyadic International, Inc. Novozymes Advanced Enzymes CHR. Hansen Holding A/S Royal DSM Specialty Enzymes Verenium E.I. Dupont De Nemours & Co.
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