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Industrial Enzymes Market Worth 6.30 Billion USD by 2022


News provided by

MarketsandMarkets

13 Oct, 2016, 17:00 GMT

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PUNE, India, October 13, 2016 /PRNewswire/ --

The report "Industrial Enzymes Market by Type (Amylases, Cellulases, Proteases, Lipases, and Phytases), Application (Food & Beverages, Cleaning Agents, and Animal Feed), Source (Microorganism, Plant, and Animal), and Region - Global Forecast to 2022", The global market is projected to reach USD 6.30 Billion by 2022 in terms of value, at a CAGR of 5.8% from 2017.

     (Logo: http://photos.prnewswire.com/prnh/20160303/792302 )

Browse 86 market data Tables and 59 Figures spread through 164 Pages and in-depth TOC on "Industrial Enzymes Market"

http://www.marketsandmarkets.com/Market-Reports/industrial-enzymes-market-237327836.html

Early buyers will receive 10% customization on this report. 

Industrial enzymes are widely accepted in food & beverage applications, owing to their functional properties. They play an important role in determining the desired attributes such as taste, mouthfeel, texture, appearance, and flavor in food & beverage applications and are also used for the production of biofuels. Next-generation enzymes such as psychrozymes have expanded the application areas of industrial enzymes in the food & beverage, animal feed, textile & leather, and biofuel sectors, thus driving the overall market for industrial enzymes.

Proteases projected to be the largest segment 

Proteases accounted for the largest market share in the Industrial Enzymes Market due to their wide range of applications in food & beverage, detergent, and biofuel industries. Protease enzymes have been used in food processing for centuries in traditional applications such as deriving cheese, curd, and whey from milk. The use of protease in animal feed contributes significantly to the growth of the animal feed enzyme market.

Food & beverages: The most widely preferred industrial enzymes 

The food & beverages segment accounted for the largest share in the Industrial Enzymes Market, in terms of value, in 2016. The extensive requirement of carbohydrases in food processing, brewing, baking, and biofuel manufacturing has been one of the key drivers of the Industrial Enzymes Market. With recent developments in enzyme technology and the introduction of several enzyme blends and genetically modified enzymes, industrial manufacturers are compelled to optimize their yield and processing capabilities, to achieve the desired result. Industrial enzymes play a significant role in accelerating industrial processes and optimizing yield (5% to 8%) from the same quantity of raw materials, making them a crucial part of the food processing industry.

Make an Inquiry: http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=237327836-

Asia-Pacific projected to be the most lucrative market for industrial enzymes 

In 2016, the Asia-Pacific region accounted for a significant share of the global Industrial Enzymes Market and is projected to grow at the highest CAGR during the forecast period. The rise in population, per capita income, healthcare expenditure, increase in awareness of diseases, buying power of population, and rapid growth in technologies have led to the growth in opportunities in Asia-Pacific region for industrial enzymes.

This report includes a study of marketing and development strategies, along with the product portfolios of leading companies. It includes the profiles of leading companies such as BASF SE (Germany), E.I. DuPont de Nemours and Company (U.S.), Associated British Foods Plc (U.K.), Koninklijke DSM N.V (Netherlands), and Novozymes A/S (Denmark).

Browse related reports: 

Technical Enzymes Market by Type (Cellulases, Amylases, Proteases, Lipases, Other Enzymes), Application (Bioethanol, Paper & Pulp, Textile & Leather, Starch Processing, Other Applications), & by Region - Global Forecasts to 2021
http://www.marketsandmarkets.com/Market-Reports/technical-enzymes-market-72989187.html

Food Enzymes Market by Type (Carbohydrase, Protease, Lipase), Application (Beverage, Processed Food, Dairy, Bakery, Confectionery), Source (Plant, Microorganism, Animal), Form (Lyophilised Powder, Liquid), & by Region - Global Forecasts to 2021
http://www.marketsandmarkets.com/Market-Reports/food-enzymes-market-800.html

About MarketsandMarkets 

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact
Mr. Rohan
MarketsandMarkets
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Suite 2175, Seattle,
WA 98101, United States
Tel: 1-888-600-6441
Email: sales@marketsandmarkets.com

Visit MarketsandMarkets Blog @http://www.marketsandmarketsblog.com/market-reports/food-and-beverage

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