Enzymes are biological catalysts that speed up biochemical reactions without being consumed. They achieve high catalytic efficiency by lowering the activation energy of reactions. Enzymes are usually highly specific and function by binding substrates and facilitating the formation of enzyme-substrate complexes. Many enzymes require non-protein cofactors like metal ions, coenzymes, or prosthetic groups to function. Reaction rates carried out by enzymes can be affected by factors like substrate concentration, temperature, pH, and inhibitors. Enzymes play essential roles in cellular metabolism and are regulated through various mechanisms to control metabolic pathways.