LAS VEGAS, Oct. 16, 2017 (GLOBE NEWSWIRE) -- The Global Enzymes Market was worth USD 4.56 billion in the year 2016 and is expected to reach approximately USD 7.65 billion by 2025, while registering itself at a compound annual growth rate (CAGR) of 5.92% during the forecast period. Enzymes are macromolecular organic catalyst. Chemical reactions are accelerated by enzymes. The molecules stimulated by the enzymes are known as substrates and the enzymes convert the substrate into several molecules known as products. Typically all cell metabolic processes need enzymes to develop at fast rates that are adequate to preserve life. The subject that includes study of enzymes is referred as Enzymology. Enzymes catalyze biochemical reactions over 5,000 types. Some of them are catalytic ribonucleic acid enzymes molecules while most of the enzymes are proteins. A few enzymes are commercially utilized, such as in the antibiotics synthesis. Some household products utilize enzymes to accelerate the chemical reactions. The enzymes that are present in the meat tenderizer helps in breaking down the proteins and make the meat easier to chew and the enzymes present in organic detergent assist to break down protein, starch or fat stains on clothes.
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Divers and Restraints of Enzymes Market
Owing to growing awareness of enzymes therapies for chronic illnesses and increasing enzymes utilization for diagnostic purposes are anticipated to boost the growth of the market. The expanding demand of poultry, aquaculture species, bovine and swine, the animal feed sector along with increasing meat consumption is estimated to rise significantly in the future which will drive the growth of the global enzymes market. Growing utilization of enzymes in detergents, foods & beverages and pharmaceuticals are amongst the major factors that encourage the growth of enzymes market. Additionally, the enzymes are used for germination in breweries, for fruit juice clarification, in food processing and in cheese manufacturing, which is estimated to impact on the growth of the global enzymes market significantly. For applications like rubber, photography, molecular biology and contact lens cleaners, the demand for enzymes is increasing rapidly, sequentially fueling the global enzymes market. Also, rising customers’ awareness levels about high quality food is among the chief driving factors for the growth of global market.
Competitors and Market Classification
Key market players in the enzymes market are Roche Holding AG, Koninklijke DSM N.V., Danisco A/S, Advanced Enzymes, DuPont Genencor, Novozymes, Ab Enzymes GmbH and Lonza Group. According to type, the market industry is divided into; Amylases, Phytase, Protease, Cellulase and Lipase. By applications the global market is split into; Food & beverages, Animal feed and cleaning agents. On the basis of target audience the market is classified as; Government and research organizations, Food & beverage, animal feed, cleaning agent & detergent manufacturers, Enzyme importers and exporters and Enzyme traders, distributors, and suppliers. Geographically, the market is segmented into; North America, Asia Pacific, Europe and Rest of the world.
Table of Content
1.Introduction
2.Executive Summary
3.Market Overview
4.Enzymes Market, By Type
4.1.Introduction
4.2.Enzymes Market Assessment and Forecast, By Type, 2016-2025
4.3.Cellulases
4.3.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)
4.4.Carbohydrates
4.4.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)
4.5.Polymerases and nucleases
4.5.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)
4.6.Phytases
4.6.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)
4.7.Amylases
4.7.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)
4.8.Lipases
4.8.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)
4.9.Proteases
4.9.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)
5.Enzymes Market, By Application
6.Enzymes Market, By Reaction Type
7.Enzymes Market, By Region
8.Company Profiles
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