2. Enzymes Market Size is Estimated to Reach $21,760.9 million by 2026
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“Enzymes Market [By Type (Protease, Carbohydrase, Polymerases and Nucleases, Lipase, Others);
By Application (Food and Beverages, Cosmetics and Personal Care, Textile, Animal Feed, Paper
and Pulp, Medical & Pharmaceutical, Others); By Region]: Market Size & Forecast, 2018 – 2026”
According to a new report published by Polaris Market Research the enzymes market is anticipated
to reach over USD 21,760.9 million by 2026. In 2017, the carbohydrase segment dominated the
global market, in terms of revenue. North America is expected to be the leading contributor to the
global market revenue during the forecast period.
The diverse applications of enzymes in industries such as healthcare, food and beverages,
pharmaceutical, personal care, textile, and animal feed among others is expected to support the
growth of this market. Other driving factors include introduction of genetically-engineered enzymes,
and stringent government regulations regarding use of chemicals. Increasing demand from
developing nations, use of enzymes as alternatives for synthetic chemicals, and technological
advancements are expected provide numerous growth opportunities to the market players during
the forecast period.
Enzymes are used in a wide range of applications in medical and healthcare sector. Enzymes are used
in diagnosis of diseases, drug manufacturing, cleaning wounds, assisting in healing processes, and
analytical testing for disease detection among others. In the food industry enzymes are used in fruit
juices, alcohol, baked goods, and preserved food among others.
Browse Detailed Research Report On Enzymes Market:
https://www.polarismarketresearch.com/industry-analysis/enzymes-market
North America generated the highest revenue in the market in 2017, and is expected to lead the
global market throughout the forecast period. The presence of well-established industries such as
healthcare, pharmaceutical, and food & beverages, substantial initiatives in research and
development, and favorable government policies drive the market growth. Asia-Pacific is expected
to grow at the highest CAGR during the forecast period owing to increasing adoption of enzymes in
food and beverages, and consumer goods.
The different applications of enzymes include food and beverages, cosmetics and personal care,
textile, animal feed, paper and pulp, medical & pharmaceutical, and others. In 2017, the food and
beverage accounted for the highest market share. The increasing need to offer high quality and good
tasting processed food has resulted in the growth of enzymes in this sector. Enzymes are used in
baked goods for regulating the rate of chemical reactions in baking processes. The rising demand of
nutritional diet, and favorable government regulations are expected to support market growth
during the forecast period.
3. Enzymes Market Size is Estimated to Reach $21,760.9 million by 2026
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The well-known companies profiled in the report include AB Enzymes, BBI Enzymes Ltd., Advanced
Enzyme Technology Ltd., Roche Holding AG, Sanofi S.A., BASF SE, DuPont, Novus International Inc.,
Novozymes A/S, Associated British Foods PLC, CHR Hansen Holding A/S, and Danisco A/S among
others. These companies launch new products and collaborate with other market leaders to innovate
and launch new products to meet the increasing needs and requirements of consumers.
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market/request-for-sample
Table of Contents
1. Overview and Scope
1.1. Research goal & scope
1.2. Research assumptions
1.3. Research Methodology
1.3.1. Primary data sources
1.3.2. Secondary data sources
1.4. Key take-away
1.5. Stakeholders
2. Executive Summary
2.1. Market Definition
2.2. Market Segmentation
3. Enzymes Market Insights
3.1. Enzymes – Industry snapshot
3.2. Enzymes - Ecosystem analysis
3.3. Enzymes Market Dynamics
3.3.1. Enzymes – Market Forces
4. Enzymes Market Size is Estimated to Reach $21,760.9 million by 2026
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3.3.1.1. Enzymes Market Driver Analysis
3.3.1.2. Enzymes Market Restraint/Challenges analysis
3.3.1.3. Enzymes Market Opportunity Analysis
3.3.2. Industry analysis - Porter's five force
3.3.2.1. Bargaining power of supplier
3.3.2.2. Bargaining power of buyer
3.3.2.3. Threat of substitute
3.3.2.4. Threat of new entrant
3.3.2.5. Degree of competition
3.3.3. Enzymes Market PEST Analysis, 2016
3.3.4. Enzymes Market Value Chain Analysis
3.3.5. Enzymes Industry Trends
3.3.6. Competitive Ranking Analysis
4. Enzymes Market Size and Forecast, 2017-2026 by Type
4.1. Key Findings
4.2. Protease
4.3. Carbohydrase
4.4. Polymerases and Nucleases
4.5. Lipase
4.6. Others
5. Enzymes Market Size and Forecast, 2017-2026 by Application
5.1. Key Findings
5.2. Food and Beverages
5.3. Cosmetics and Personal Care
5.4. Textile
5.5. Animal Feed
5.6. Paper and Pulp
5.7. Medical & Pharmaceutical
5.8. Others
6. Enzymes Market Size and Forecast, 2017-2026 by Region
6.1. Key Findings
6.2. North America
6.2.1. U.S.
6.2.2. Canada
6.2.3. Mexico
6.3. Europe
6.3.1. Germany
6.3.2. UK
6.3.3. France
6.3.4. Italy
6.3.5. Rest of Europe
6.4. Asia-Pacific
6.4.1. China
6.4.2. India
6.4.3. Japan
6.4.4. Rest of Asia-Pacific
6.5. Latin America
6. Enzymes Market Size is Estimated to Reach $21,760.9 million by 2026
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7.9.4. Recent Developments
7.10. Associated British Foods PLC
7.10.1. Overview
7.10.2. Financials
7.10.3. Product Benchmarking
7.10.4. Recent Developments
7.11. CHR Hansen Holding A/S
7.11.1. Overview
7.11.2. Financials
7.11.3. Product Benchmarking
7.11.4. Recent Developments
7.12. Danisco A/S
7.12.1. Overview
7.12.2. Financials
7.12.3. Product Benchmarking
7.12.4. Recent Developments
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releases/global-enzymes-market
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