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Industrial Enzymes - 2018 Global Market Overview - ResearchAndMarkets.com

June 8, 2018

DUBLIN--(BUSINESS WIRE)--Jun 8, 2018--The “Industrial Enzymes - A Global Market Overview” report has been added to ResearchAndMarkets.com’s offering.

Food & Beverages is the largest market for Industrial Enzymes with an estimated share of 26% that is equivalent to US$1.4 billion in 2017, followed by Biofuels and Detergents with 18% (US$969.3 million) and 14% (US$754.4 million) respectively in the same year. Industrial Enzymes in Biofuels is expected the fastest growing segment with a CAGR of about 7.3% through to 2024. The global market for industrial enzymes is forecast to reach US$5.6 billion in 2018.

Demand for industrial enzymes is showing rapid growth due to increasing demand for food and beverages attributed to changing lifestyles and increase in disposable income in a wide segment of the population. Governments across the globe have incentivized the use of biofuels as cleaner alternatives to fossil fuel-based energy options, which has spurred the market for industrial enzymes.

Advancements in various areas of biotechnology, particularly protein engineering have provided further impetus to the demand for industrial enzymes. Food & beverages account for about a quarter of the global market for industrial enzymes, though demand for them in the biofuels industry is likely to post the fastest growth during the analysis period.

Research Findings & Coverage

The report analyzes the global market for Industrial Enzymes with respect to product segment, key application sector and major geographic region/country Product segments and each of the application sectors are thoroughly discussed in this study The Role of Enzymes in Bioconversion of Poultry Waste into Value Added Products Enzyme-Like Catalytic Nanomaterials for Biomedical Applications Newly Identified Enzyme Domains Enhance Performance in Cellulose Break Down Enzymes Engineered for Eating Plastics Key business trends focusing on product innovations/developments, M&As, JVs and other recent industry developments Major companies profiled - 23 The industry guide includes the contact details for 505 companies

Key Market Trends

Papain’s Success in the Food Industry to Translate into Other Areas The Role of Enzymes in Bioconversion of Poultry Waste into Value Added Products Enzyme-Like Catalytic Nanomaterials for Biomedical Applications Newly Identified Enzyme Domains Enhance Performance in Cellulose Break Down Researchers Target Reducing CO2 Emissions with Artificial Enzymes Recent Advances in the Molecular Engineering of Industrial Enzymes Enzymes Engineered for Eating Plastics Essential Enzyme Yields an Unforeseen Pattern CelA Enzyme Digests Simple and Highly Complex Cellulose Fibers Development of Industrial Biocatalysts Speeded Up by Evolution of Enzymes and Synthetic Microorganisms

Companies Mentioned

AB Enzymes GmbH AUM ENZYMES Adisseo France SAS Advanced Enzyme Technologies Limited Albumedix Amano Enzyme Inc. Archer Daniels BASF Corporation BIOCATALYSTS LTD. BioResource International, Inc. Biocatalysts Ltd. Brain AG Buckman Laboratories International, Inc. Cargill, Incorporated Chr. Hansen Holding A/S Codexis, Inc. Connell Bros. Co DIREVO Industrial Biotechnology GmbH DONG Energy DSM Direvo DowDuPont Inc. Dyadic International, Inc. Engro HAYASHIBARA CO., LTD. Iogen Corporation Maps Enzymes Ltd Nestl Health Science Novozymes A/S Novus International, Inc. Organobalance GmbH P&G Royal DSM N.V. Specialty Enzymes & Biotechnologies Co. Sunson Industry Group

For more information about this report visit https://www.researchandmarkets.com/research/6zpvw9/industrial?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180608005620/en/

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Related Topics:Enzymes

KEYWORD:

INDUSTRY KEYWORD: HEALTH BIOTECHNOLOGY

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 06/08/2018 01:40 PM/DISC: 06/08/2018 01:40 PM

http://www.businesswire.com/news/home/20180608005620/en

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