Industrial Enzymes Market
Industrial Enzymes Market - Global Industry Assessment & Forecast
Segments Covered
- By Formulation Lyophilized, Liquid, Dry
- By Source Microorganism, Plant, Animal
- By Application Food & Beverages, Bioethanol, Textiles & Leather, Detergents, Paper & Pulp, Wastewater Treatment, Feed, Soil Treatment, Oil Treatment, Other Applications
- By Type Carbohydrates, Amylases, Cellulases, Other Carbohydrates , Proteases, Lipases, Polymerases & Nucleases, Other Types
- By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 7.1 Million |
Revenue 2030: | USD 11.1 Million |
Revenue CAGR (2023 - 2030): | 6.1% |
Fastest Growing Region (2023 - 2030) | USD 2.7 Million |
Largest Region (2022): | North America |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Research Methodology: Industrial Enzymes Market by Formulation by Source by Application by Type by Region - Global Market Assessment, 2021 - 2028
Secondary Research
Primary Research:
Data Triangulation and Market Size Estimations
FAQ
Frequently Asked Question
What is the global demand for Industrial Enzymes in terms of revenue?
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The global Industrial Enzymes valued at USD 7.1 Million in 2022 and is expected to reach USD 11.1 Million in 2030 growing at a CAGR of 6.1%.
Which are the prominent players in the market?
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The prominent players in the market are BASF SE (Germany), Novozymes (Denmark), DuPont (U.S.), DSM (Netherlands), ABF (UK), Kerry (Ireland), Advanced Enzyme Technologies (India), CHR. Hansen (Denmark), Amano Enzyme Inc. (Japan), Aumgene Biosciences (India), Megazyme (Ireland), Enzyme Supplies (UK), Creative Enzymes (U.S.), Enzyme Solutions (U.S.), Enzymatic Deinking Technologies (U.S.), Biocatalysts (UK), Sunson IndU.S.try Group (China), Metagen (Finland), Denykem (UK), Tex Biosciences (India).
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 6.1% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
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The driving factors of the Industrial Enzymes include
- use of enzymes helps in ensuring the improved quality of products with low manufacturing cost, low energy consumption, and less wastage
Which region accounted for the largest share in the market?
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North America was the leading regional segment of the Industrial Enzymes in 2022.