Enzymes Market Size, Share & Report 2023-2028

 Enzymes Market overview 2023-2028:

The global enzymes market size reached US$ 12.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 18.1 Billion by 2028, exhibiting a growth rate (CAGR) of 6.06% during 2023-2028..

Enzymes are large complex proteins with a specific three-dimensional shape that act as catalysts in biological reactions. They can be examined by analyzing the rate of enzyme catalyzed reactions. They are involved in various biological processes, including digestion energy production, deoxyribonucleic acid (DNA) replication, and immune responses. They aid in strengthening muscles and removing toxins from the body. They also conserve and transform chemical energy, construct cellular macromolecules from smaller precursors, and prevent diseases like albinism and phenylketonuria.

Report Metric

Historical Year:- 2017-2022

Base Year:- 2022

Forecast Year:- 2023-2028

Important Attribute and highlights of the Report:

• Detailed analysis of the global market share

• Market Segmentation

• Historical, current, and projected size of the market in terms of volume and value

• Latest industry trends and developments

• Competitive Landscape

• Strategies of major players and product offerings


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Food Enzymes Market Trends and Drivers:

There is a shift in the dietary preferences of individuals toward natural, organic, and chemically-free food products. Along with this, the increasing consumer awareness about nutritional food products and significant growth in the food and beverage (F&B) industry represents one of the primary factors driving the demand for enzymes around the world. Moreover, the rising use of enzymes to produce biofuels due to its numerous advantages, including being less energy intensive and more environment friendly, is favoring the market growth. In addition, the growing adoption of gene engineering technology to make the enzymes more efficient is influencing the market positively. Apart from this, the increasing utilization of enzymes in the pharmaceutical industry to synthesize intermediates in active pharmaceutical ingredient (API) production for effective medications is strengthening the market growth.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report. 

Global Enzymes Market Analysis and Segmentation 2023-2028:

Top Key Players covered in this report are: 

Advanced Enzyme Technologies Limited, Amano Enzyme Inc., Associated British Foods plc, Aumgene Biosciences, BASF SE, Chr. Hansen Holding A/S, Codexis Inc., DuPont de Nemours Inc., Koninklijke DSM N.V., Novozymes A/S, Novus International Inc. (Mitsui & Co. Ltd.) and Thermo Fisher Scientific Inc. 

The report has segmented the market on the basis of region type, source, reaction type and application. 

Breakup by Type: 

• Protease

• Carbohydrase

• Lipase

• Polymerase and Nuclease

• Others

Breakup by Source: 

• Microorganisms

• Plants 

• Animals

Breakup by Reaction Type: 

• Hydrolase

• Oxidoreductase

• Transferase

• Lyase

• Others 

Breakup by Application:

• Food and Beverages

• Household Care

• Bioenergy

• Pharmaceutical and Biotechnology

• Feed

• Others 

Breakup by Region:

• North America

o United States

o Canada

• Asia-Pacific

o China

o Japan

o India

o South Korea

o Australia

o Indonesia

o Others

• Europe

o Germany

o France

o United Kingdom

o Italy

o Spain

o Russia

o Others

• Latin America

o Brazil

o Mexico

o Others

• Middle East and Africa

The key regions covered in the market report are North America (the United States, Canada, and Mexico), Europe (Germany, France, UK, Russia, and Italy), Asia-Pacific (China, Japan, Korea, India, and Southeast Asia), South America (Brazil, Argentina, etc.), Middle East & Africa (Saudi Arabia, Egypt, Nigeria, and South Africa).

Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/enzymes-market

If you want latest primary and secondary data (2023-2028) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

Key highlights of the report:

• Market Performance (2017-2022)

• Market Outlook (2023- 2028)

• Porter’s Five Forces Analysis

• Market Drivers and Success Factors

• SWOT Analysis

• Value Chain

• Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.


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