Enzymes are the protein produced by live cells which helps in the chemical reactions without being itself changed. Enzymes are used in food processing for various purposes such as to enhance nutritive value, to produce desirable aromas and flavors and mainly to control food appearance and texture.
Enzymes Market: Key Players
The research study includes profiles of leading companies operating in the global Enzymes market. Key players profiled in the report include: Novozymes A/S, Koninklijke DSM N.V., DowDuPont Inc., BASF SE, Advanced Enzyme Technologies Ltd., AB Enzymes GmbH, Codexis, Inc., Amano Enzyme, Inc., F. Hoffmann-La Roche Ltd., and Thermo Fisher Scientific Inc.
With the help of strategic collaborations, companies are planning to increase their resources for the production of single and blended enzymes.
Drivers for the Global Enzymes Market:
Increasing demand for effective enzymes based pharmaceuticals is the primary factor that is boosting the growth of enzymes market. Other factors boosting the market growth include increasing demand for renewable energy sources such as biofuels, and rise in prevalence of various chronic diseases such as digestive diseases & inflammation. Further, wide array of applications of enzymes in various industries drives the market.
Opportunities for the Global Enzymes Market:
Shifting consumer preferences towards packaged and processed foods due to the rising awareness pertaining to food safety & security will propel the growth of market in near future. Additionally, rapid penetration of organized retail in the untapped rural & urban areas will provide strong business view through the forecast period.
Restrains for the Global Enzymes Market:
Handling & safety of enzymes is a complicated process which can hamper the growth of market. Further, they are highly sensitive to temperature & pH which can have negative impact on the growth of market.
Region Wise, Global Enzymes Market Analysis:
North America held highest market share in Enzymes Market. This is because of the expansion of pharmaceuticals and detergents industry which is a key factor that stimulates the regional growth. Asia Pacific is projected to emerge as a leading enzymes market in near future. Asia Pacific is attracting investments for enzyme production in feed, food, and textiles sectors.
Global Enzymes Market: Product analysis
- Polymerases & Nucleases
Global Enzymes Market: Application analysis
- Food & Beverage
- Processed Food
Global Enzymes Market: Region analysis
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of L.A.
- Middle East and Africa
- South Africa
- Rest of Middle East
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