Report Synopsis
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.

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.

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 – 25
    • The industry guide includes the contact details for 507 companies

Product Outline
The report analyzes the market for the key product segments of Industrial Enzymes including:
    • Carbohydrases
    • Proteases    
    • Lipases    
    • Phytases    
    • Polymerases & Nucleases
    • Others    
Application Sectors of Industrial Enzymes analyzed comprise the following:
    • Food & Beverages
    • Detergents    
    • Animal Feed
    • Biofuels    
    • Textiles    
    • Personal Care& Cosmetics
    • Paper & Pulp
    • Nutraceuticals
    • Others

Analysis Period, Units and Growth Rates
    • The report reviews, analyzes and projects the global Inorganic Pigments market for the period 2014-2024 in terms of market value in US$ and the compound annual growth rates (CAGRs) projected from 2017 through 2024

Geographic Coverage
    • North America (The United States, Canada and Mexico)
    • Europe (Germany, France, The United Kingdom, Italy, Spain and Rest of Europe)
    • Asia-Pacific (Japan, China, India, South Korea and Rest of Asia-Pacific)
    • South America (Brazil, Argentina and Rest of South America)
    • Rest of World