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Industrial Enzymes Market Dominated by F&B and Growing at 7% CAGR to 2020


News provided by

RnR Market Research

14 Sep, 2015, 06:00 GMT

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PUNE, India, September 14, 2015 /PRNewswire/ --

Food & beverage segment dominated the industrial enzymes market and is projected to reach a value of USD 2.0 billion by 2020. With carbohydrates dominating the segment by type, it is projected to grow at the rate of around 7.5% between 2015 and 2020.

Complete report on industrial enzymes market spread across 196 pages, profiling 10 companies and supported with 79 tables and 58 figures is now available at http://www.rnrmarketresearch.com/industrial-enzymes-market-by-types-carbohydrase-protease-lipase-applications-food-beverages-cleaning-agents-bio-fuel-animal-feed-geography-global-trends-forecasts-to-2018-market-report.html .

Global industrial enzymes market is driven by factors such as increase in investments in research and developments in industrial enzymes, the increase in demand of consumer goods and biofuels, and the need for cost reduction and resource optimization in production process. Industrial enzymes are used as an alternative of synthetic chemicals. The innovations in technology and increase in the applications provides opportunities for emerging market players. The industrial enzymes market was valued at USD 4.2 billion in 2014 and is projected to reach USD 6.2 billion by 2020, at a CAGR of 7.0% from 2015 to 2020. The Asia-Pacific region is projected to grow at the highest CAGR from 2015 to 2020.The increase in disposable incomes and change in lifestyle of the population in the Asia-Pacific region has resulted in an increase in the demand of consumer goods which has resulted the growth of the industrial enzymes market in this region.

The industrial enzymes market is segmented on the basis of applications. The applications considered for the research are food & beverage, cleaning agents, animal feed, and others that include textile & leather,  water treatment, and pulp & paper among others. The types of industrial enzymes which are used to manufacture enzymes for various applications are also classified in the report. Companies profiled in this industrial enzymes market research to 2020 include BASF SE, E. I. Du Pont De Nemours and Company, Associated British Foods PLC, Koninklijke DSM N.V, Novozymes A/S, Adisseo France SaS, CHR. Hansen Holding A/S, Codexis Incorporated, Dyadic International Incorporated and Amano Enzyme Incorporated.

Order a copy of Industrial Enzymes Market by Type (Carbohydrases, Proteases, Non-starch Polysaccharides & Others), Application (Food & Beverage, Cleaning Agents, Animal Feed & Others), Brands & by Region - Global Trends and Forecasts to 2020 research report at http://www.rnrmarketresearch.com/contacts/purchase?rname=156331 .

For decision makers and stakeholders in the food additives and supplements market, RnRMarketResearch.com has multiple newly published and relevant research titles that might be of interest.

Food Preservative Market by Type (Natural & Chemical), Function (Antimicrobial, Antioxidant), Application (Oil & Fat, Bakery, Dairy & frozen, Snack, Meat, Poultry & Seafood, Confectionery, Beverage), & by Geography - Global Trend & Forecast to 2020: The global food preservatives market is dominated by North America. The market in the Asia-Pacific region is projected to grow at a CAGR of 2.6% from 2015 to 2020. The developments in industries such as beverages, confectionery, snacks, processed food & beverages and the growing demand for convenience food products in the Asia-Pacific region drive the food preservatives market. The industrial applications and technology of food preservatives is changing rapidly in the Asia-Pacific countries, especially the subcontinent. The food preservatives market was dominated by Brenntag AG (Germany), DSM food specialties B.V. (The Netherlands), Kemin Industries (U.S.), Univar Inc. (USA), and Danisco A/S (U.S.) with respect to their developments in the past few years. These companies accounted for a cumulative share of about 56% in the market. Other players include companies such as Galactic S.A. (Belgium), Akzonobel N.V. (The Netherlands), Cargill Incorporated (U.S.), and Tate & Lyle PLC (U.K.). Read more at http://www.rnrmarketresearch.com/food-preservatives-market-by-types-functions-applications-trends-global-forecasts-2011-2016-market-report.html .

Feed Enzymes Market by Type (Phytase, Protease, and Non-starch Polysaccharides (Xylanase, β-glucanase, Cellulase, Mannanase & Pectinase)), Livestock (Swine, Poultry, Ruminants, and Aquatic Animals) & by Region - Global Trends & Forecast to 2020: Europe holds the largest share of the global feed enzymes market. However, in the forthcoming years, the market is projected to grow the fastest in the Asia-Pacific region making it the fastest revenue-generating pocket. The market is dominated by players, such as BASF SE (Germany), E. I. du Pont de Nemours and Company (U.S.), Chr. Hansen Holdings A/S (Denmark), Novozymes A/S (Denmark), and Associated British Foods Plc. (U.K.). Comprehensive table of contents and more on this research is available at http://www.rnrmarketresearch.com/feed-enzyme-market-by-type-phytase-protease-nsp-sub-type-xylanase-cellulase-pectinase-a-glucanase-mannase-application-swine-poultry-ruminant-aqua-feed-others-global-trends-for-market-report.html .

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