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Enzymes Market Type (Protease, Carbohydrase, Lipase, Polymerase and Nuclease, and Other Types), Source (Microorganisms, Plants, and Animals), Reaction Type (Hydrolase, Oxidoreductase, Transferase, Lyase, and Other Reaction Types), and Application (Food and Beverages, Household Care, Bioenergy, Pharmaceutical and Biotechnology, Feed, and Other Applications) - Global Opportunity Analysis and Industry Forecast, 2020–2027

A00579
Pages: 341
Mar 2021 | 29216 Views
   
Author(s) : Snehal Manjrekar, Trupti Wadekar , Onkar Sumant
Tables: 155
Charts: 70
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Enzymes are biocatalysts that alter the reaction rate and produce the desired results in biological reactions. They are proteinaceous in nature and have gathered a special attention in recent years owing to their wide applications. Enzymes are employed in food and animal feed, textiles and detergents, pharmaceuticals and biotechnology R&D, manufacturing industries, and others (paper and pulp processing, leather processing and agriculture). Their application in the manufacturing processes, resulting in significant cost reductions and limited energy consumption along with better substrate activity has contributed to the expansion of enzymes industry. The global enzymes market was valued at $8,636.8 million in 2019, and is projected to reach $14,507.6 million in 2027 at a CAGR of 6.5% from 2020 to 2027. 

Numerous factors are responsible for driving the growth of the global enzymes market over the analysis period. Biotechnological, pharmaceutical, and food & beverage as well as the biofuel industry are reaping the benefits offered by enzymes. The surge in demand for enzymes in pharmaceutical industry to synthesize intermediates in active pharmaceutical ingredient (API) production for effective medications is anticipated to boost the growth of the enzymes market. Likewise, the ability of an enzyme to convert complex molecules to simpler molecules (starch to glucose) in food & beverage companies, removal of fats & oil stains in the detergent industry, bioethanol for biofuel production, and improved bleaching properties in paper & pulp industries are the factors anticipated to propel the demand for enzymes in the coming years. In addition, rise in prevalence of various chronic diseases such as digestive diseases & inflammation, and upsurge in demand for renewable energy sources such as biofuels are further supplement the market growth. Conversely, factors such as handling & safety issues associated with enzymes and higher sensitivity to temperature & pH are anticipated to hamper the market growth. On the contrary, increase in awareness about the application of enzymes in protein engineering technology and higher market potential in the untapped emerging economies are expected to provide lucrative growth opportunities for the market expansion.

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Covid-19 Impact

The COVID-19 crisis is anticipated to have a positive impact on the enzymes market. This is attributed to the increase in demand for enzymes in nutritional & immunity boosting products along with rise in consumer focus on household care and upsurge in in-house food consumption. However, the companies are presently fronting obstructions due to intermittent supply chain activities and uncertain market conditions owing to trade restrictions and lockdowns. This negative impact is anticipated to be remunerated by surge in demand for enzymes in food & beverages and pharmaceutical industries. Thus, the overall impact is expected to remain positive for key market players in the industry owing to the increase in awareness about preventive health and dietary solutions & formulations that support immune health over the entire pandemic phase.

Type Segment Review

By type, the market is fragmented into protease, carbohydrase, lipase, polymerase & nuclease, and others. Carbohydrase accounted for the largest market share in 2019, and is expected to continue this trend throughout the forecast period. This is attributed to the fact that carbohydrase is the most prominent type of enzyme used in pharmaceutical and food industries. Therefore, commercial applications of carbohydrase in food products and detergents are expected to fuel the growth of the segment throughout the forecast period. Protease enzyme segment is the second largest revenue generator, as it is widely used for processing the proteins. Moreover, protease enzymes are used in DNA replications & transcription, cell proliferation & differentiation, ovulation, fertilization, and others. Polymerase and nuclease enzymes possess highest growth potential in the global enzymes market, and is expected to grow at a CAGR of 10.2% during analysis period.

Enzymes Market- Global Opportunity Analysis and Industry Forecast, 2020–2027
By Type

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Carbohydrase segment held a dominant position in 2019 and would continue to maintain the lead over the forecast period.

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Source Segment Review

On the basis of source, the global enzymes market is categorized into microorganisms, plants, and animals. Enzymes molecules are difficult to synthesize by chemical methods, hence it is easier to obtain them from living organisms such as plants, animals, and microorganisms. Microorganisms are the major source of enzymes due to their easy availability and low production cost. Microorganism-derived enzymes segment is projected to dominate the market in 2019, due to their large-scale production, emergence of genetically engineered microorganisms, and vast applications. However, the purification of microorganism-derived enzymes is cumbersome as compared to the plant enzymes. The use of highly advanced techniques for purification of microbial enzymes increases the total enzyme production cost. Hence, enzymes derived from microorganisms are expensive as compared to enzymes derived from plant sources. Moreover, plant-derived enzymes possess highest growth potential, due to the emergence of advanced purification technologies that require less investments. This is expected to lead to rapid growth of the plant-derived enzymes segment

Enzymes Market- Global Opportunity Analysis and Industry Forecast, 2020–2027
By Source

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Microorganisms segment is projected as one of the most lucrative segment.

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End User Segment Review

By reaction type, the global enzymes market is classified into hydrolases, oxidoreductases, transferases, lyases, and others. Enzymes are classified according to their functions on a molecular level. On the basis of reaction type, the enzymes market is classified into hydrolases, oxidoreductases, transferases, lyases, and others. These types of enzymes are used to catalyze the transfer of functional groups, electrons, or atoms, and are assigned by names based on the type of reaction they catalyze. For instance, hydrolases are used break single bonds by adding the elements of water or in hydrolytic reactions. The hydrolases segment is the largest contributor to the market in 2019, and is anticipated to continue this trend throughout the forecast period. This is majorly attributed to their higher catalytic efficiency, higher stability, broad substrate specificity, and commercial availability. On the other hand, transferases possess highest potential in global enzymes market. Transferases are gaining popularity in recent years due to their property of transferring acetyl, amino, methyl, phosphoryl groups from one substrate to another. These enzymes are involved in fructan production which is beneficial for gut bacteria. Moreover, they help in biosynthesis of polysaccharides, oligosaccharides, and glycoconjugates. 

Enzymes Market- Global Opportunity Analysis and Industry Forecast, 2020–2027
By Reaction Type

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Hydrolase segment held a dominant position in 2019 and would continue to maintain the lead over the forecast period.

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Applications Segment Review

The applications covered in the study include food & beverages, household care, bioenergy, pharmaceutical & biotechnology, feed, and others. Household care segment dominated the market by application. The growth of the household care segment is attributed to factors such as increase in adoption of products containing enzymes rather than petrochemical-derived ingredients, as the latter tends to pollute the environment to a greater extent. Rise in awareness among the population regarding positive environmental impact of enzymes has greatly contributed toward the growth of the enzymes market for household care. Moreover, the advantages of using enzymes in laundering garments has significantly driven the demand for these enzyme-based products. As they tend to function at lower temperatures and higher concentration than chemically based products. The enzymes used in laundry and dishwashing detergents are known as household care enzymes. On the other hand, pharmaceutical and biotechnology-based enzymes possess highest growth potential during the forecast period. Crucial role of enzymes in API synthesis and drug formulations for treating conditions such as cancer and AIDS fuel the demand for enzyme-based products, which in turn is anticipated to drive the market growth for pharmaceutical and biotechnological enzymes.

Enzymes Market- Global Opportunity Analysis and Industry Forecast, 2020–2027
By Application

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Food and Beverages segment held a dominant position in 2019 and would continue to maintain the lead over the forecast period.

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Region Segment Review

Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. North America contributed for the highest share in the enzymes market in 2019, followed by Europe and Asia-Pacific. It accounted for about 33.10% share, owing to recent advances in protein engineering in the biotechnology sector. Europe accounted for 29.22% share, due to ongoing R&D activities and presence of large patient pool suffering from various types of chronic diseases. Asia-Pacific is projected to grow at the highest CAGR of 8.2% from 2020 to 2027, owing to the launch of new enzymes required for the treatment of various chronic diseases and increase in number of developmental strategies in this region by the key players.

The key players of this market include Novozymes A/S, Koninklijke DSM N.V., DuPont de Nemours, 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. Other players in the value chain include BBI Enzymes Ltd., Procter & Gamble Co., Puratos Group, Novus International, Inc., and Chr. Hansen A/S.

Enzymes Market- Global Opportunity Analysis and Industry Forecast, 2020–2027
By Region

2027
North America 
Europe
Asia-pacific
Lamea

North America was holding a dominant position in 2019 and would continue to maintain the lead over the analysis period.

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Key Benefits For Stakeholders

  • This report provides a detailed quantitative analysis of the current enzymes market trends and forecast estimations from 2019 to 2027, which assists to identify the prevailing market opportunities. 
  • An in-depth market analysis includes analysis of various regions, which is anticipated to provide a detailed understanding of the current trends to enable stakeholders formulate region-specific plans.
  • A comprehensive analysis of factors that drive and restrain the growth of the global is provided.
  • The projections in this report are made by analyzing the current trends and future market potential from 2020 to 2027, in terms of value.
  • An extensive analysis of various regions provides insights that are expected to allow companies to strategically plan their business moves.
  • Key market players within the enzymes market are profiled in this report and their strategies are analyzed thoroughly, which helps in understanding competitive outlook of the global enzymes market.

Key Market Segments

By Type

  • Protease
  • Carbohydrase
  • Lipase
  • Polymerase and Nuclease
  • Other Types

By Source

  • Microorganisms
  • Plants
  • Animals

By Reaction Type

  • Hydrolase
  • Oxidoreductase
  • Transferase
  • Lyase
  • Other Reaction Types

By Application

  • Food and Beverages
  • Household Care
  • Bioenergy
  • Pharmaceutical and Biotechnology
  • Feed
  • Other Applications

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Saudi Arabia
    • South Africa
    • Rest of LAMEA
 

CHAPTER 1:INTRODUCTION

1.1.Report Description
1.2.Key Benefits for Stakeholders
1.3.Key Market Segments
1.4.Research Methodology

1.4.1.Secondary research
1.4.2.Primary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings of the study
2.2.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Enzyme extraction processes

3.2.1.Filtration
3.2.2.Centrifugation & sedimentation
3.2.3.Purification

3.3.Key findings

3.3.1.Top impacting factors

3.3.1.1.Increase in demand for effective pharmaceuticals
3.3.1.2.Chemical and physical properties of enzymes
3.3.1.3.Increase in engrossment of technology such as protein engineering
3.3.1.4.Surge in demand for renewable energy sources
3.3.1.5.Rise in incidence of digestive diseases
3.3.1.6.Development of the manufacturing sector in the emerging economies

3.3.2.Top investment pockets
3.3.3.Top winning strategies

3.4.Government regulations
3.5.Value chain analysis

3.5.1.Primary activities
3.5.2.Supportive activities

3.6.Market share analysis, 2019
3.7.Clinical trials
3.8.Patent analysis

3.8.1.Patent analysis, by year
3.8.2.Patent analysis for 2019, by country

3.9.Market dynamics

3.9.1.Drivers

3.9.1.1.High prevalence of chronic diseases
3.9.1.2.Increase in prevalence of digestive disorders
3.9.1.3.Surge in demand for biofuels

3.9.2.Restraints

3.9.2.1.Constraints pertaining to the chemical and physical properties of enzymes
3.9.2.2.Handling and safety issues related to enzymes

3.9.3.Opportunities

3.9.3.1.Engrossment of enzymes in protein engineering
3.9.3.2.Opportunities in the emerging economies

3.9.4.Impact analysis

3.10.Enzyme production by fermentation technology

3.10.1.Market size and forecast
3.10.2.Market size and volume
3.10.3.Solid-state fermentation

3.10.3.1.Market size and forecast

3.10.4.Submerged fermentation

3.10.4.1.Market size and forecast

3.11.Nitrogen source required for the growth of microorganisms

3.11.1.Market size and forecast
3.11.2.Corn steep liquor

3.11.2.1.Market size and forecast

3.11.3.Yeast extract

3.11.3.1.Market size and forecast

3.11.4.Ammonia and ammonium salts

3.11.4.1.Market size and forecast

3.11.5.Others

3.11.5.1.Market size and forecast

3.12.COVID-19 Impact on the enzymes market

CHAPTER 4:GLOBAL ENZYMES MARKET, BY TYPE

4.1.Overview

4.1.1.Market size and forecast

4.2.Protease

4.2.1.Key market trends, growth factors and opportunities

4.2.2.Market size and forecast, by region
4.2.3.Market analysis, by country

4.3.Carbohydrase

4.3.1.Key market trends, growth factors and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market analysis, by country

4.4.Lipase

4.4.1.Key market trends, growth factors and opportunities
4.4.2.Market size and forecast, by region
4.4.3.Market analysis, by country

4.5.Polymerases and Nucleases

4.5.1.Key market trends, growth factors and opportunities
4.5.2.Market size and forecast, by region
4.5.3.Market analysis, by country

4.6.Other

4.6.1.Key market trends, growth factors and opportunities
4.6.2.Market size and forecast, by region
4.6.3.Market analysis, by country

CHAPTER 5:GLOBAL ENZYMES MARKET, BY SOURCE

5.1.Overview

5.1.1.Market size and forecast

5.2.Microorganisms

5.2.1.Key market trends, growth factors and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market analysis, by country

5.3.Plants

5.3.1.Key market trends, growth factors and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market analysis, by country

5.4.Animals

5.4.1.Key market trends, growth factors and opportunities
5.4.2.Market size and forecast, by region
5.4.3.Market analysis, by country

CHAPTER 6:ENZYMES MARKET, BY REACTION TYPE

6.1.Overview

6.1.1.Market size and forecast

6.2.Hydrolases

6.2.1.Key market trends, growth factors and opportunities
6.2.2.Market size and forecast, by region
6.2.3.Market analysis, by country

6.3.Oxidoreductases

6.3.1.Key market trends, growth factors and opportunities
6.3.2.Market size and forecast, by region
6.3.3.Market analysis, by country

6.4.Transferases

6.4.1.Key market trends, growth factors and opportunities
6.4.2.Market size and forecast, by region
6.4.3.Market analysis, by country

6.5.Lyases

6.5.1.Key market trends, growth factors and opportunities
6.5.2.Market size and forecast, by region
6.5.3.Market analysis, by country

6.6.Others

6.6.1.Key market trends, growth factors and opportunities
6.6.2.Market size and forecast, by region
6.6.3.Market analysis, by country

CHAPTER 7:GLOBAL ENZYMES MARKET, BY APPLICATION

7.1.Overview

7.1.1.Market size and forecast

7.2.Food & Beverages

7.2.1.Key market trends, growth factors and opportunities
7.2.2.Market size and forecast, by region
7.2.3.Market analysis, by country

7.3.Household Care

7.3.1.Key market trends, growth factors and opportunities
7.3.2.Market size and forecast, by region
7.3.3.Market analysis, by country

7.4.Bioenergy

7.4.1.Key market trend, growth factors and opportunities
7.4.2.Market size and forecast, by region
7.4.3.Market analysis, by country

7.5.Pharmaceuticals and biotechnology

7.5.1.Key market trends, growth factors and opportunities
7.5.2.Market size and forecast, by region
7.5.3.Market analysis, by country

7.6.Feed

7.6.1.Key market trends, growth factors and opportunities
7.6.2.Market size and forecast, by region
7.6.3.Market analysis, by country

7.7.Other applications

7.7.1.Key market trends, growth factors and opportunities
7.7.2.Market size and forecast, by region
7.7.3.Market analysis, by country

CHAPTER 8:GLOBAL ENZYMES MARKET, BY REGION

8.1.Overview

8.1.1.Market size and forecast

8.2.North America

8.2.1.Key market trends, growth factors and opportunities
8.2.2.North America enzymes market, by country

8.2.2.1.U.S.

8.2.2.1.1.Market size and forecast, by type
8.2.2.1.2.Market size and forecast, by source
8.2.2.1.3.Market size and forecast, by reaction type
8.2.2.1.4.Market size and forecast, by application

8.2.2.2.Canada

8.2.2.2.1.Market size and forecast, by type
8.2.2.2.2.Market size and forecast, by source
8.2.2.2.3.Market size and forecast, by reaction type
8.2.2.2.4.Market size and forecast, by application

8.2.2.3.Mexico

8.2.2.3.1.Market size and forecast, by type
8.2.2.3.2.Market size and forecast, by source
8.2.2.3.3.Market size and forecast, by reaction type
8.2.2.3.4.Market size and forecast, by application

8.2.3.North America Market size and forecast, by type
8.2.4.Market size and forecast, by source
8.2.5.Market size and forecast, by reaction type
8.2.6.Market size and forecast, by application

8.3.Europe

8.3.1.Key market trends, growth factors and opportunities
8.3.2.Europe enzymes market, by country

8.3.2.1.Germany

8.3.2.1.1.Market size and forecast, by type
8.3.2.1.2.Market size and forecast, by source
8.3.2.1.3.Market size and forecast, by reaction type
8.3.2.1.4.Market size and forecast, by application

8.3.2.2.France

8.3.2.2.1.Market size and forecast, by type
8.3.2.2.2.Market size and forecast, by source
8.3.2.2.3.Market size and forecast, by reaction type
8.3.2.2.4.Market size and forecast, by application

8.3.2.3.UK

8.3.2.3.1.Market size and forecast, by type
8.3.2.3.2.Market size and forecast, by source
8.3.2.3.3.Market size and forecast, by reaction type
8.3.2.3.4.Market size and forecast, by application

8.3.2.4.Italy

8.3.2.4.1.Market size and forecast, by type
8.3.2.4.2.Market size and forecast, by source
8.3.2.4.3.Market size and forecast, by reaction type
8.3.2.4.4.Market size and forecast, by application

8.3.2.5.Spain

8.3.2.5.1.Market size and forecast, by type
8.3.2.5.2.Market size and forecast, by source
8.3.2.5.3.Market size and forecast, by reaction type
8.3.2.5.4.Market size and forecast, by application

8.3.2.6.Rest of Europe

8.3.2.6.1.Market size and forecast, by type
8.3.2.6.2.Market size and forecast, by source
8.3.2.6.3.Market size and forecast, by reaction type
8.3.2.6.4.Market size and forecast, by application

8.3.3.Europe Market size and forecast, by type
8.3.4.Market size and forecast, by source
8.3.5.Market size and forecast, by reaction type
8.3.6.Market size and forecast, by application

8.4.Asia-Pacific

8.4.1.Key market trends, growth factors and opportunities
8.4.2.Asia-Pacific enzymes market, by country

8.4.2.1.Japan

8.4.2.1.1.Market size and forecast, by type
8.4.2.1.2.Market size and forecast, by source
8.4.2.1.3.Market size and forecast, by reaction type
8.4.2.1.4.Market size and forecast, by application

8.4.2.2.China

8.4.2.2.1.Market size and forecast, by type
8.4.2.2.2.Market size and forecast, by source
8.4.2.2.3.Market size and forecast, by reaction type
8.4.2.2.4.Market size and forecast, by application

8.4.2.3.India

8.4.2.3.1.Market size and forecast, by type
8.4.2.3.2.Market size and forecast, by source
8.4.2.3.3.Market size and forecast, by reaction type
8.4.2.3.4.Market size and forecast, by application

8.4.2.4.Australia

8.4.2.4.1.Market size and forecast, by type
8.4.2.4.2.Market size and forecast, by source
8.4.2.4.3.Market size and forecast, by reaction type
8.4.2.4.4.Market size and forecast, by application

8.4.2.5.South Korea

8.4.2.5.1.Market size and forecast, by type
8.4.2.5.2.Market size and forecast, by source
8.4.2.5.3.Market size and forecast, by reaction type
8.4.2.5.4.Market size and forecast, by application

8.4.2.6.Rest of Asia-Pacific

8.4.2.6.1.Market size and forecast, by type
8.4.2.6.2.Market size and forecast, by source
8.4.2.6.3.Market size and forecast, by reaction type
8.4.2.6.4.Market size and forecast, by application

8.4.3.Asia-Pacific Market size and forecast, by type
8.4.4.Market size and forecast, by source
8.4.5.Market size and forecast, by reaction type
8.4.6.Market size and forecast, by application

8.5.LAMEA

8.5.1.Key market trends, growth factors and opportunities
8.5.2.LAMEA market size and forecast, by country

8.5.2.1.Brazil

8.5.2.1.1.Market size and forecast, by type
8.5.2.1.2.Market size and forecast, by source
8.5.2.1.3.Market size and forecast, by reaction type
8.5.2.1.4.Market size and forecast, by application

8.5.2.2.South Africa

8.5.2.2.1.Market size and forecast, by type
8.5.2.2.2.Market size and forecast, by source
8.5.2.2.3.Market size and forecast, by reaction type
8.5.2.2.4.Market size and forecast, by application

8.5.2.3.Saudi Arabia

8.5.2.3.1.Market size and forecast, by type
8.5.2.3.2.Market size and forecast, by source
8.5.2.3.3.Market size and forecast, by reaction type
8.5.2.3.4.Market size and forecast, by application

8.5.2.4.Rest of LAMEA

8.5.2.4.1.Market size and forecast, by type
8.5.2.4.2.Market size and forecast, by source
8.5.2.4.3.Market size and forecast, by reaction type
8.5.2.4.4.Market size and forecast, by application

8.5.3.LAMEA Market size and forecast, by type
8.5.4.Market size and forecast, by source
8.5.5.Market size and forecast, by reaction type
8.5.6.Market size and forecast, by application

CHAPTER 9:COMPANY PROFILES

9.1.AB ENZYMES GmbH

9.1.1.Company overview
9.1.2.Company snapshot
9.1.3.Operating business segment
9.1.4.Product portfolio
9.1.5.Key strategic moves and developments

9.2.ADVANCED ENZYME TECHNOLOGIES LTD.

9.2.1.Company overview
9.2.2.Company snapshot
9.2.3.Operating business segments
9.2.4.Product portfolio
9.2.5.Business performance

9.3.AMANO ENZYME INC.

9.3.1.Company overview
9.3.2.Company snapshot
9.3.3.Product portfolio
9.4.BASF SE

9.4.1.Company overview
9.4.2.Company snapshot
9.4.3.Operating business segments
9.4.4.Product portfolio
9.4.5.Business performance
9.4.6.Key strategic moves and developments

9.5.CODEXIS, INC.

9.5.1.Company overview
9.5.2.Company snapshot
9.5.3.Operating business segments
9.5.4.Product portfolio
9.5.5.Business performance
9.5.6.Key strategic moves and developments

9.6.DUPONT DE NEMOURS, INC.

9.6.1.Company overview
9.6.2.Company snapshot
9.6.3.Operating business segments
9.6.4.Product portfolio
9.6.5.Business performance
9.6.6.Key strategic moves and developments

9.7.F. HOFFMANN-LA ROCHE LTD.

9.7.1.Company overview
9.7.2.Company snapshot
9.7.3.Operating business segments
9.7.4.Product portfolio
9.7.5.Business performance

9.8.KONINKLIJKE DSM N.V.

9.8.1.Company overview
9.8.2.Company snapshot
9.8.3.Operating business segments
9.8.4.Product portfolio
9.8.5.Business performance
9.8.6.Key strategic moves and developments

9.9.NOVOZYMES A/S

9.9.1.Company overview
9.9.2.Company snapshot
9.9.3.Operating business segments
9.9.4.Product portfolio
9.9.5.Business performance
9.9.6.Key strategic moves and developments

9.10.THERMO FISHER SCIENTIFIC INC. (AFFYMETRIX, INC.)

9.10.1.Company overview
9.10.2.Company snapshot
9.10.3.Operating business segments
9.10.4.Product portfolio
9.10.5.Business performance

LIST OF TABLES

TABLE 01.TYPES OF ENZYMES AND ITS APPLICATION
TABLE 02.ENZYMES GRADE SYSTEM
TABLE 03.MICROORGANISM-DERIVED ENZYMES MARKET, BY FERMENTATION TYPE, 2019–2027 ($MILLION)
TABLE 04.MICROORGANISM-DERIVED ENZYMES MARKET, BY FERMENTATION TYPE, 2019–2027 (LITRES)
TABLE 05.MICROORGANISM-DERIVED ENZYMES MARKET, BY TYPE OF NITROGEN SOURCE, 2019–2027 ($MILLION)
TABLE 06.ENZYMES MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 07.PROTEASE ENZYMES MARKET, BY REGION, 2019-2027 ($MILLION)
TABLE 08.CARBOHYDRASE ENZYMES MARKET, BY REGION, 2019-2027 ($MILLION)
TABLE 09.LIPASE ENZYMES MARKET, BY REGION, 2019-2027 ($MILLION)
TABLE 10.POLYMERASE AND NUCLEASE ENZYMES MARKET, BY REGION, 2019-2027 ($MILLION)
TABLE 11.OTHER TYPES OF ENZYMES MARKET, BY REGION, 2019-2027 ($MILLION)
TABLE 12.ENZYMES MARKET, BY SOURCE, 2019-2027 ($MILLION)
TABLE 13.TYPES OF COMMERCIAL ENZYMES AND ITS SOURCES
TABLE 14.MICROORGANISM-DERIVED ENZYMES MARKET, BY REGION, 2019-2027 ($MILLION)
TABLE 15.PLANT-DERIVED ENZYMES MARKET, BY REGION, 2019-2027 ($MILLION)
TABLE 16.ANIMAL DERIVED ENZYMES MARKET, BY REGION, 2019-2027 ($MILLION)
TABLE 17.ENZYMES MARKET, BY REACTION TYPE, 2019-2027 ($MILLION)
TABLE 18.HYDROLASE ENZYMES MARKET, BY REGION, 2019-2027 ($MILLION)
TABLE 19.OXIDOREDUCTASE ENZYMES MARKET, BY REGION, 2019-2027 ($MILLION)
TABLE 20.TRANSFERASE ENZYMES MARKET, BY REGION, 2019-2027 ($MILLION)
TABLE 21.LYASE ENZYMES MARKET, BY REGION, 2019-2027 ($MILLION)
TABLE 22.OTHER REACTION TYPE ENZYMES MARKET, BY REGION, 2019-2027 ($MILLION)
TABLE 23.ENZYMES MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 24.APPLICATION OF ENZYMES IN DIFFERENT FOOD & BEVERAGE INDUSTRIES
TABLE 25.FOOD & BEVERAGES ENZYMES MARKET, BY REGION, 2019-2027 ($MILLION)
TABLE 26.HOUSEHOLD CARE ENZYMES MARKET, BY REGION, 2019-2027 ($MILLION)
TABLE 27.BIOENERGY ENZYMES MARKET, BY REGION, 2019-2027 ($MILLION)
TABLE 28.PHARMACEUTICAL AND BIOTECHNOLOGY ENZYMES MARKET, BY REGION, 2019-2027 ($MILLION)
TABLE 29.FEED ENZYMES MARKET, BY REGION, 2019-2027 ($MILLION)
TABLE 30.ENZYMES MARKET FOR OTHER APPLICATIONS, BY REGION, 2019-2027 ($MILLION)
TABLE 31.ENZYMES MARKET, BY REGION, 2020-2027 ($MILLION)
TABLE 32.NORTH AMERICA ENZYMES MARKET, BY COUNTRY, 2020-2027 ($MILLION)
TABLE 33.U.S. ENZYMES MARKET, BY TYPE, 2020-2027 ($MILLION)
TABLE 34.U.S. ENZYMES MARKET, BY SOURCE, 2020-2027 ($MILLION)
TABLE 35.U.S. ENZYMES MARKET, BY REACTION TYPE, 2020-2027 ($MILLION)
TABLE 36.U.S. ENZYMES MARKET, BY APPLICATION, 2020-2027 ($MILLION)
TABLE 37.CANADA ENZYMES MARKET, BY TYPE, 2020-2027 ($MILLION)
TABLE 38.CANADA ENZYMES MARKET, BY SOURCE, 2020-2027 ($MILLION)
TABLE 39.CANADA ENZYMES MARKET, BY REACTION TYPE, 2020-2027 ($MILLION)
TABLE 40.CANADA ENZYMES MARKET, BY APPLICATION, 2020-2027 ($MILLION)
TABLE 41.MEXICO ENZYMES MARKET, BY TYPE, 2020-2027 ($MILLION)
TABLE 42.MEXICO ENZYMES MARKET, BY SOURCE, 2020-2027 ($MILLION)
TABLE 43.MEXICO ENZYMES MARKET, BY REACTION TYPE, 2020-2027 ($MILLION)
TABLE 44.MEXICO ENZYMES MARKET, BY APPLICATION, 2020-2027 ($MILLION)
TABLE 45.NORTH AMERICA ENZYMES MARKET, BY TYPE, 2020-2027 ($MILLION)
TABLE 46.NORTH AMERICA ENZYMES MARKET, BY SOURCE, 2020-2027 ($MILLION)
TABLE 47.NORTH AMERICA ENZYMES MARKET, BY REACTION TYPE, 2020-2027 ($MILLION)
TABLE 48.NORTH AMERICA ENZYMES MARKET, BY APPLICATION, 2020-2027 ($MILLION)
TABLE 49.EUROPE ENZYMES MARKET, BY COUNTRY, 2017–20234 ($MILLION)
TABLE 50.GERMANY ENZYMES MARKET, BY TYPE, 2020-2027 ($MILLION)
TABLE 51.GERMANY ENZYMES MARKET, BY SOURCE, 2020-2027 ($MILLION)
TABLE 52.GERMANY ENZYMES MARKET, BY REACTION TYPE, 2020-2027 ($MILLION)
TABLE 53.GERMANY ENZYMES MARKET, BY APPLICATION, 2020-2027 ($MILLION)
TABLE 54.FRANCE ENZYMES MARKET, BY TYPE, 2020-2027 ($MILLION)
TABLE 55.FRANCE ENZYMES MARKET, BY SOURCE, 2020-2027 ($MILLION)
TABLE 56.FRANCE ENZYMES MARKET, BY REACTION TYPE, 2020-2027 ($MILLION)
TABLE 57.FRANCE ENZYMES MARKET, BY APPLICATION, 2020-2027 ($MILLION)
TABLE 58.UK ENZYMES MARKET, BY TYPE, 2020-2027 ($MILLION)
TABLE 59.UK ENZYMES MARKET, BY SOURCE, 2020-2027 ($MILLION)
TABLE 60.UK ENZYMES MARKET, BY REACTION TYPE, 2020-2027 ($MILLION)
TABLE 61.UK ENZYMES MARKET, BY APPLICATION, 2020-2027 ($MILLION)
TABLE 62.ITALY ENZYMES MARKET, BY TYPE, 2020-2027 ($MILLION)
TABLE 63.ITALY ENZYMES MARKET, BY SOURCE, 2020-2027 ($MILLION)
TABLE 64.ITALY ENZYMES MARKET, BY REACTION TYPE, 2020-2027 ($MILLION)
TABLE 65.ITALY ENZYMES MARKET, BY APPLICATION, 2020-2027 ($MILLION)
TABLE 66.SPAIN ENZYMES MARKET, BY TYPE, 2020-2027 ($MILLION)
TABLE 67.SPAIN ENZYMES MARKET, BY SOURCE, 2020-2027 ($MILLION)
TABLE 68.SPAIN ENZYMES MARKET, BY REACTION TYPE, 2020-2027 ($MILLION)
TABLE 69.SPAIN ENZYMES MARKET, BY APPLICATION, 2020-2027 ($MILLION)
TABLE 70.REST OF EUROPE ENZYMES MARKET, BY TYPE, 2020-2027 ($MILLION)
TABLE 71.REST OF EUROPE ENZYMES MARKET, BY SOURCE, 2020-2027 ($MILLION)
TABLE 72.REST OF EUROPE ENZYMES MARKET, BY REACTION TYPE, 2020-2027 ($MILLION)
TABLE 73.REST OF EUROPE ENZYMES MARKET, BY APPLICATION, 2020-2027 ($MILLION)
TABLE 74.EUROPE ENZYMES MARKET, BY TYPE, 2020-2027 ($MILLION)
TABLE 75.EUROPE ENZYMES MARKET, BY SOURCE, 2020-2027 ($MILLION)
TABLE 76.EUROPE ENZYMES MARKET, BY REACTION TYPE, 2020-2027 ($MILLION)
TABLE 77.EUROPE ENZYMES MARKET, BY APPLICATION, 2020-2027 ($MILLION)
TABLE 78.ASIA-PACIFIC ENZYMES MARKET, BY COUNTRY, 2017–20234 ($MILLION)
TABLE 79.JAPAN ENZYMES MARKET, BY TYPE, 2020-2027 ($MILLION)
TABLE 80.JAPAN ENZYMES MARKET, BY SOURCE, 2020-2027 ($MILLION)
TABLE 81.JAPAN ENZYMES MARKET, BY REACTION TYPE, 2020-2027 ($MILLION)
TABLE 82.JAPAN ENZYMES MARKET, BY APPLICATION, 2020-2027 ($MILLION)
TABLE 83.CHINA ENZYMES MARKET, BY TYPE, 2020-2027 ($MILLION)
TABLE 84.CHINA ENZYMES MARKET, BY SOURCE, 2020-2027 ($MILLION)
TABLE 85.CHINA ENZYMES MARKET, BY REACTION TYPE, 2020-2027 ($MILLION)
TABLE 86.CHINA ENZYMES MARKET, BY APPLICATION, 2020-2027 ($MILLION)
TABLE 87.INDIA ENZYMES MARKET, BY TYPE, 2020-2027 ($MILLION)
TABLE 88.INDIA ENZYMES MARKET, BY SOURCE, 2020-2027 ($MILLION)
TABLE 89.INDIA ENZYMES MARKET, BY REACTION TYPE, 2020-2027 ($MILLION)
TABLE 90.INDIA ENZYMES MARKET, BY APPLICATION, 2020-2027 ($MILLION)
TABLE 91.AUSTRALIA ENZYMES MARKET, BY TYPE, 2020-2027 ($MILLION)
TABLE 92.AUSTRALIA ENZYMES MARKET, BY SOURCE, 2020-2027 ($MILLION)
TABLE 93.AUSTRALIA ENZYMES MARKET, BY REACTION TYPE, 2020-2027 ($MILLION)
TABLE 94.AUSTRALIA ENZYMES MARKET, BY APPLICATION, 2020-2027 ($MILLION)
TABLE 95.SOUTH KOREA ENZYMES MARKET, BY TYPE, 2020-2027 ($MILLION)
TABLE 96.SOUTH KOREA ENZYMES MARKET, BY SOURCE, 2020-2027 ($MILLION)
TABLE 97.SOUTH KOREA ENZYMES MARKET, BY REACTION TYPE, 2020-2027 ($MILLION)
TABLE 98.SOUTH KOREA ENZYMES MARKET, BY APPLICATION, 2020-2027 ($MILLION)
TABLE 99.REST OF ASIA-PACIFIC ENZYMES MARKET, BY TYPE, 2020-2027 ($MILLION)
TABLE 100.REST OF ASIA-PACIFIC ENZYMES MARKET, BY SOURCE, 2020-2027 ($MILLION)
TABLE 101.REST OF ASIA-PACIFIC ENZYMES MARKET, BY REACTION TYPE, 2020-2027 ($MILLION)
TABLE 102.REST OF ASIA-PACIFIC ENZYMES MARKET, BY APPLICATION, 2020-2027 ($MILLION)
TABLE 103.ASIA-PACIFIC ENZYMES MARKET, BY TYPE, 2020-2027 ($MILLION)
TABLE 104.ASIA-PACIFIC ENZYMES MARKET, BY SOURCE, 2020-2027 ($MILLION)
TABLE 105.ASIA-PACIFIC ENZYMES MARKET, BY REACTION TYPE, 2020-2027 ($MILLION)
TABLE 106.ASIA-PACIFIC ENZYMES MARKET, BY APPLICATION, 2020-2027 ($MILLION)
TABLE 107.LAMEA ENZYMES MARKET, BY COUNTRY, 2017–20234 ($MILLION)
TABLE 108.BRAZIL ENZYMES MARKET, BY TYPE, 2020-2027 ($MILLION)
TABLE 109.BRAZIL ENZYMES MARKET, BY SOURCE, 2020-2027 ($MILLION)
TABLE 110.BRAZIL ENZYMES MARKET, BY REACTION TYPE, 2020-2027 ($MILLION)
TABLE 111.BRAZIL ENZYMES MARKET, BY APPLICATION, 2020-2027 ($MILLION)
TABLE 112.SOUTH AFRICA ENZYMES MARKET, BY TYPE, 2020-2027 ($MILLION)
TABLE 113.SOUTH AFRICA ENZYMES MARKET, BY SOURCE, 2020-2027 ($MILLION)
TABLE 114.SOUTH AFRICA ENZYMES MARKET, BY REACTION TYPE, 2020-2027 ($MILLION)
TABLE 115.SOUTH AFRICA ENZYMES MARKET, BY APPLICATION, 2020-2027 ($MILLION)
TABLE 116.SAUDI ARABIA ENZYMES MARKET, BY TYPE, 2020-2027 ($MILLION)
TABLE 117.SAUDI ARABIA ENZYMES MARKET, BY SOURCE, 2020-2027 ($MILLION)
TABLE 118.SAUDI ARABIA ENZYMES MARKET, BY REACTION TYPE, 2020-2027 ($MILLION)
TABLE 119.SAUDI ARABIA ENZYMES MARKET, BY APPLICATION, 2020-2027 ($MILLION)
TABLE 120.REST OF LAMEA ENZYMES MARKET, BY TYPE, 2020-2027 ($MILLION)
TABLE 121.REST OF LAMEA ENZYMES MARKET, BY SOURCE, 2020-2027 ($MILLION)
TABLE 122.REST OF LAMEA ENZYMES MARKET, BY REACTION TYPE, 2020-2027 ($MILLION)
TABLE 123.REST OF LAMEA ENZYMES MARKET, BY APPLICATION, 2020-2027 ($MILLION)
TABLE 124.LAMEA ENZYMES MARKET, BY TYPE, 2020-2027 ($MILLION)
TABLE 125.LAMEA ENZYMES MARKET, BY SOURCE, 2020-2027 ($MILLION)
TABLE 126.LAMEA ENZYMES MARKET, BY REACTION TYPE, 2020-2027 ($MILLION)
TABLE 127.LAMEA ENZYMES MARKET, BY APPLICATION, 2020-2027 ($MILLION)
TABLE 128.AB ENZYMES: COMPANY SNAPSHOT
TABLE 129.AB ENZYMES: PRODUCT PORTFOLIO
TABLE 130.ADVANCED ENZYME: COMPANY SNAPSHOT
TABLE 131.ADVANCED ENZYME: PRODUCT SEGMENTS
TABLE 132.ADVANCED ENZYME: PRODUCT PORTFOLIO
TABLE 133.AMANO: COMPANY SNAPSHOT
TABLE 134.AMANO: PRODUCT PORTFOLIO
TABLE 135.BASF: COMPANY SNAPSHOT
TABLE 136.BASF: OPERATING SEGMENTS
TABLE 137.BASF: PRODUCT PORTFOLIO
TABLE 138.CODEXIS: COMPANY SNAPSHOT
TABLE 139.CODEXIS: OPERATING SEGMENTS
TABLE 140.CODEXIS: PRODUCT PORTFOLIO
TABLE 141.DUPONT: COMPANY SNAPSHOT
TABLE 142.DUPONT: OPERATING SEGMENTS
TABLE 143.DUPONT: PRODUCT PORTFOLIO
TABLE 144.ROCHE: COMPANY SNAPSHOT
TABLE 145.ROCHE: OPERATING SEGMENTS
TABLE 146.ROCHE: PRODUCT PORTFOLIO
TABLE 147.DSM: COMPANY SNAPSHOT
TABLE 148.DSM: OPERATING SEGMENTS
TABLE 149.DSM: PRODUCT PORTFOLIO
TABLE 150.NOVOZYMES: COMPANY SNAPSHOT
TABLE 151.NOVOZYMES: PRODUCT CATEGORIES
TABLE 152.NOVOZYMES: PRODUCT PORTFOLIO
TABLE 153.THERMO FISHER SCIENTIFIC INC.: COMPANY SNAPSHOT
TABLE 154.THERMO FISHER SCIENTIFIC INC.: OPERATING SEGMENTS
TABLE 155.THERMO FISHER SCIENTIFIC INC: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01.ENZYMES MARKET SEGMENTATION
FIGURE 02.ENZYME PURIFICATION PROCESS
FIGURE 03.TOP IMPACTING FACTORS
FIGURE 04.TOP INVESTMENT POCKETS
FIGURE 05.TOP WINNING STRATEGIES, BY YEAR, 2017–2021*
FIGURE 06.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2017–2021* (%)
FIGURE 07.TOP WINNING STRATEGIES, BY COMPANY, 2017–2021*
FIGURE 08.VALUE CHAIN ANALYSIS: GLOBAL ENZYMES INDUSTRY
FIGURE 09.MARKET SHARE ANALYSIS, 2019
FIGURE 10.GLOBAL ENZYMES MARKET: CLINICAL TRIALS
FIGURE 11.GLOBAL ENZYMES MARKET: CLINICAL TRIALS IN PHASE 4
FIGURE 12.PATENTS REGISTERED/APPROVED IN THE WORLD, 2012–2021
FIGURE 13.PATENTS ANALYSIS, BY YEAR, 2011–2021
FIGURE 14.PATENT ANALYSIS, BY COUNTRY, 2019
FIGURE 15.PREVALENCE OF DIABETES IN POPULATION (MILLIONS) AND DIABETES PREVALENCE (%)
FIGURE 16.IMPACT ANALYSIS
FIGURE 17.MICROORGANISM-DERIVED ENZYMES MARKET FOR SOLID-STATE FERMENTATION, 2019–2027 ($MILLION)
FIGURE 18.MICROORGANISM-DERIVED ENZYMES MARKET FOR SUBMERGED FERMENTATION, 2019–2027 ($MILLION)
FIGURE 19.MICROORGANISM-DERIVED ENZYMES MARKET FOR CORN STEEP LIQUOR, 2019–2027 ($MILLION)
FIGURE 20.MICROORGANISM-DERIVED ENZYMES MARKET FOR YEAST EXTRACT, 2019–2027 ($MILLION)
FIGURE 21.MICROORGANISM-DERIVED ENZYMES MARKET FOR AMMONIA AND AMMONIUM SALTS, 2019–2027 ($MILLION)
FIGURE 22.MICROORGANISM-DERIVED ENZYMES MARKET FOR OTHER NITROGEN SOURCES, 2019–2027 ($MILLION)
FIGURE 23.ENZYMES MARKET, BY TYPE
FIGURE 24.COMPARATIVE ANALYSIS OF PROTEASE ENZYMES MARKET, 2019-2027 ($MILLION)
FIGURE 25.COMPARATIVE ANALYSIS OF CARBOHYDRASE ENZYMES MARKET, 2019-2027 ($MILLION)
FIGURE 26.COMPARATIVE ANALYSIS OF LIPASE ENZYMES MARKET, 2019-2027 ($MILLION)
FIGURE 27.COMPARATIVE ANALYSIS OF POLYMERASE AND NUCLEASE ENZYMES MARKET, 2019-2027 ($MILLION)
FIGURE 28.COMPARATIVE ANALYSIS OF OTHER TYPES OF ENZYMES MARKET, 2019-2027 ($MILLION)
FIGURE 29.ENZYMES MARKET, BY SOURCE
FIGURE 30.COMPARATIVE ANALYSIS OF MICROORGANISM-DERIVED ENZYMES MARKET, 2019-2027 ($MILLION)
FIGURE 31.COMPARATIVE ANALYSIS OF PLANT-DERIVED ENZYMES MARKET, 2019-2027 ($MILLION)
FIGURE 32.COMPARATIVE ANALYSIS OF ANIMAL DERIVED ENZYMES MARKET, 2019-2027 ($MILLION)
FIGURE 33.ENZYMES MARKET, BY REACTION TYPE
FIGURE 34.COMPARATIVE ANALYSIS OF HYDROLASE ENZYMES MARKET, 2019-2027 ($MILLION)
FIGURE 35.COMPARATIVE ANALYSIS OF OXIDOREDUCTASE ENZYMES MARKET, 2019-2027 ($MILLION)
FIGURE 36.COMPARATIVE ANALYSIS OF TRANSFERASE ENZYMES MARKET, 2019-2027 ($MILLION)
FIGURE 37.COMPARATIVE ANALYSIS OF LYASE ENZYMES MARKET, 2019-2027 ($MILLION)
FIGURE 38.COMPARATIVE ANALYSIS OF OTHER REACTION TYPE ENZYMES MARKET, 2019-2027 ($MILLION)
FIGURE 39.ENZYMES MARKET, BY APPLICATION
FIGURE 40.COMPARATIVE ANALYSIS OF FOOD & BEVERAGES ENZYMES MARKET, 2019-2027 ($MILLION)
FIGURE 41.COMPARATIVE ANALYSIS OF HOUSEHOLD CARE ENZYMES MARKET, 2019-2027 ($MILLION)
FIGURE 42.COMPARATIVE ANALYSIS OF BIOENERGY ENZYMES MARKET, 2019-2027 ($MILLION)
FIGURE 43.COMPARATIVE ANALYSIS OF PHARMACEUTICAL AND BIOTECHNOLOGY ENZYMES, 2019-2027 ($MILLION)
FIGURE 44.COMPARATIVE ANALYSIS OF FEED ENZYMES MARKET, 2019-2027 ($MILLION)
FIGURE 45.COMPARATIVE ANALYSIS OF ENZYMES MARKET FOR OTHER APPLICATIONS, 2019-2027 ($MILLION)
FIGURE 46.ENZYMES MARKET, BY REGION
FIGURE 47.ADVANCED ENZYME: NET SALES, 2017–2019 ($MILLION)
FIGURE 48.ADVANCED ENZYME: REVENUE SHARE BY PRODUCT SEGMENT, 2019 (%)
FIGURE 49.ADVANCED ENZYME: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 50.BASF: NET SALES, 2018–2020 ($MILLION)
FIGURE 51.BASF: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 52.BASF: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 53.CODEXIS: NET SALES, 2018–2020 ($MILLION)
FIGURE 54.CODEXIS: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 55.CODEXIS: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 56.DUPONT: NET SALES, 2018–2020 ($MILLION)
FIGURE 57.DUPONT: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 58.DUPONT: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 59.ROCHE: NET SALES, 2018–2020 ($MILLION)
FIGURE 60.ROCHE: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 61.ROCHE: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 62.DSM: NET SALES, 2018–2020 ($MILLION)
FIGURE 63.DSM: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 64.DSM: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 65.NOVOZYMES: REVENUE, 2018–2020 ($MILLION)
FIGURE 66.NOVOZYMES: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 67.NOVOZYMES: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 68.THERMO FISHER SCIENTIFIC INC.: REVENUE, 2018–2020 ($MILLION)
FIGURE 69.THERMO FISHER SCIENTIFIC INC.: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 70.THERMO FISHER SCIENTIFIC INC.: REVENUE SHARE BY REGION, 2020 (%)

 
 

In the recent years, owing to their numerous functional properties, enzymes are highly employed in various industries such as pharmaceutical & biotechnology, food, textiles, biofuels, and others. In food industry, enzymes not only improve food quality but also accelerate reaction specificity; for example, enzymes help in the conversion of protein and prolong the shelf life of products. In addition, they possess properties such as food softening and staleness inhibition, which make them ideal for use in food & beverages and other industries.

Upsurge in number of patients suffering chronic disease leads to high demand of effective pharmaceuticals, which acts as the major driving factor for the global enzymes market. Other factors such as upsurge in adoption of biofuels, rise in digestive disorders, and wide applications of enzymes across several industry verticals are expected to have a significant impact on the market growth. The overall increase in consumption of functional food & beverages (which contain enzymes) and rise in healthcare expenditures in the developing regions is projected to have a positive impact on market growth.

The use of enzymes is the highest in North America, owing to technological advancements and recovering American economy, which has led to increase in healthcare expenditures in the region. However, the Asia-Pacific enzymes market is expected to grow at a significant rate, due to increase in healthcare facilities and growth in manufacturing base, especially in Japan, India, and China.
 

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A. The total market value of enzymes Market is $8,636.77 million in 2019

A. The forecast period in the report is from 2020 to 2027

A. The market value of enzymes Market in 2020 was $9,344.99 Million

A. The base year for the report is 2019

A. Yes, enzymes companies are profiled in the report

A. The top companies that hold the market share in enzymes Market are Novozymes A/S, DuPont de Nemours, Inc., and Royal DSM.

A. Yes, there is value chain analysis provided in the enzymes Market report

A. The key trends in the enzymes Market are increase in prevalence of numerous chronic diseases, surge in demand for biofuels, higher prevalence of digestive diseases, and wide applications of enzymes across industries.

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