Industrial Enzymes Market: Increasing Demand for Bio-Fuel to Bolster Growth of the Market

Published Date : Feb 21, 2018

ALBANY, New York, February 21, 2018: has added a new market intelligence report to its storehouse of extensive and wide variety of reports. The study bearing the title, “Industrial Enzymes Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025” has been added to its repository. A comprehensive reports and an in-depth study of the international market for industrial enzymes comprise the said market intelligence study. The market research study elaborates on the various facets of the said market so that investors can make informed and well-thought about decisions about investment in the market for industrial enzymes. The publication mentions and details on market figures and data, geographical reports, and all of the factors that restrain and drive growth of the market. Apart from that, the study also highlights various market segmentations that are based on various market segmentations.

This market intelligence study on the international industrial enzymes market makes an offering of an all-inclusive reports for the forecast timeframe that extends from the year 2017 to the year 2025. Data for the year 2016 has been considered as historical information. The report encompasses dynamics of the market that include trends, opportunities, restraints, and drivers that are forecasted to exert influence on the international market industrial enzymes over the said period of time. The report also covers the technologies that play a crucial role in boosting the global industrial enzymes market. The study provides an all-inclusive assessment on the growth of the market over the forecast timeframe with regards to value estimates (in US$ Mn), across various regions.

Industrial enzymes refer to those enzymes that are put into commercial utilization by a wide range of industries like food & beverage, consumer products, bio-fuels, chemical production, and pharmaceuticals.

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Numerous enzymes such as phytase, polymerases & nucleases, lipase, proteases, carbohydrases, are used in the manufacturing of various industrial enzymes. The carbohydrases is anticipated to propel the world market for industrial enzymes over the period of forecast. Proteases and carbohydrases are extensively utilized for various applications such as food & beverages, cleaning products, and household. The demand for phytase is quite high owing to its usage in feeds of various animals. Various enzymes such as lipase and phospholipase are popularly used for the production of bio-fuel. With the rising demand for bio-fuel, the need for various industrial enzymes such as phospholipase and lipase are also augmented at the same time. The betterment in the life style of people across the globe and rising income are also some of the factors for driving the worlds market for industrial enzymes.

The world market for industrial enzymes has been divided on the basis of application and region. The segment of application has further been sub-divided into bio-energy, animal feeds, household & personal care, food & beverages, and others.

The market is segmented on the basis of geographies into North America, Latin America, Asia Pacific Excluding Japan (APEJ), Japan, the Middle East and Africa (MEA), and Europe. These segments have been estimated in terms of revenue (USD million). 

Besides, the report also makes a mention of crucial developments pertaining to the world market for Industrial enzymes. The study also includes reports of Porter’s Five Forces that pinpoints suppliers’ and buyers’ power to bargain, emerging threats from substitutes and new entrants, threats arising out of intense competition in the said market. Value Chain reports that ascertains the main stakeholders of the market has also been covered in the report.

A few of the prominent market players operating in the international industrial enzymes market are E.I. du Pont de Nemours and Company, Novus International Inc, Chr. Hansen, Zytex (India) Pvt Ltd., Novozymes A/S, and Advanced Enzyme Technologies Ltd. amongst many others.

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