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Industrial Enzymes Market 2016-2022 Driven By Rising Demand For Packaged Food and Beverages – Major Key Players of Global Market Novozymes, DuPont, and DSM

Sep 11, 2019 (AmericaNewsHour) --

Description

Enzyme is the popular name for macromolecular biological catalysts. So, industrial enzymes are basically molecules or complex proteins that help in catalyzing biochemical reaction. They lead to accelerated chemical reactions that do not happen naturally.

The industry is emerging to be very beneficial in various segments. They are widely used in developing industries like biofuels, pharmaceuticals, and food processing, while being quite helpful in better product innovations in the markets like household care, textiles, pulp and paper processing, etc.

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End-users

  • The target audience for industrial enzymes are described as follows:
  • Enzyme manufacturers
  • Enzyme importers and exporters
  • Enzyme traders, distributors, and suppliers
  • Food & beverage, animal feed, cleaning agent & detergent manufacturers
  • Government and research organizations

Market Dynamics

Key usage of industrial enzymes is done in the production of food & beverages like cheese, bread and alcohol and others. Thus, growing demand for packaged food & beverages is driving a high growth in the demand for industrial enzymes. Also, recently there have been increasing government initiatives and incentives to promote the use of bio fuel instead of conventional non-renewable sources of energy. Consequently, the increase in the demand for bio fuel for the environmental benefits will prove to be a major factor driving demand for industrial enzymes in the near future. Research and development activities to increase the application scope of industrial enzymes are anticipated to offer huge growth opportunity for market growth.

Opportunities

The investment in the R&D activities, particularly in the field of protein engineering, is expected to offer huge growth opportunity. Moreover, modern lifestyle and increased disposable income of consumers is leading to increased spending in the food and beverage and pharmaceutical industry. This is expected to result in the overall boost in the market.

However, various regulations in different countries may prove to be a challenge for the industrial enzymes product.

Market Segmentation

Based on Type:

  • Carbohydrase
  • Amylases
  • Cellulases
  • Proteases
  • Lipases
  • Phytases

Carbohydrases command the largest market share for industrial enzymes. These are enzymes that are used to breakdown carbohydrates into simple sugar. Hence, they are vastly used by the baking industry for producing fruit juices, wine making and cheese manufacturing.

Based on Application:

  • Food & beverages
  • Cleaning agents
  • Bio fuel
  • Animal feed

On the basis of application of industrial enzymes, Food & beverages lead the segment. This trend is expected to continue for a foreseeable future.

Based on Source: Microorganism, Plant and Animal

Regional/Geographic Analysis

North America followed by Europe dominate the global demand for industrial enzymes due to the high demand for bio fuel in these regions. Asia Pacific is the third largest market for industrial enzymes, owing to the huge demand for food & beverages in India and China particularly. Moreover, the increasing disposable income and GDP growth in the emerging economies of Asia Pacific is expected to drive demand for industrial enzymes in the region.

Key Players

  • Amano Enzyme
  • Codexis
  • DSM
  • Dupont Danisco
  • Dyadic International
  • Novozymes

The top three players, Novozymes, DuPont, and DSM, together account for majority of the share in the global market.

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Report Contents Regional Analysis Report Highlights

Global Market segments

  • Global Market Drivers, Restraints and Opportunities
  • Global Market Size & Forecast 2016 to 2022
  • Supply & Demand Value Chain
  • Global Market – Current Trends
  • Competition & Major Companies
  • Technology and R&D Status
  • Porters Five Force Analysis

Strategic and Critical Success Factor Analysis of Key Players

  • North America
  • US and Canada
  • Latin America
  • Mexico, Brazil, Argentina and Rest of Latin America

Western Europe

  • EU5 (Germany, France, Italy, Spain, U.K.)
  • Nordic Countries (Denmark, Finland, Norway, and Sweden)
  • Benelux (Belgium, The Netherlands, and Luxembourg)
  • Rest of Western Europe

Eastern Europe

  • Russia
  • Poland
  • Rest of Eastern Europe

Asia Pacific

  • China
  • India
  • Japan
  • Australia and New Zealand
  • Rest of Asia Pacific

Middle East and Africa

  • GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
  • South Africa
  • North Africa
  • Rest of Middle East and Africa

It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)

  • Consumer and Pricing Analysis
  • Market dynamics of the industry
  • Market Segmentation
  • Estimated Market Sizing in terms of volume and value
  • Recent trends in market and impact
  • Research Status and Technology Overview
  • Extensive Industry Structure Coverage

About Kenneth Research:

Kenneth Research is a leading provider of strategic market research reports with the aim of delivering unique and unbiased consulting services to global industrial players and individuals. The analytical approach adopted by the company towards projection of various emerging market trends and growth opportunities results in delivery of numerous strategies and market insights to the clients.

The post Industrial Enzymes Market 2016-2022 Driven By Rising Demand For Packaged Food and Beverages – Major Key Players of Global Market Novozymes, DuPont, and DSM appeared first on America News Hour.

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