The Global Specialty Enzymes Market Report by The Business Research Company covers specialty enzymes market drivers and restraints, specialty enzymes market size, major players, and the impact of COVID-19 on the specialty enzymes market.
The specialty enzymes market consists of sales of specialty enzymes which are proteins acting as biocatalysts to accelerate the rate of reactions. The revenue generated by the market involves the sales of specialty enzymes that include carbohydrases, proteases, lipases, among others in liquid or dry form, which are produced either from microorganisms, plants or animals. Specialty enzymes are primarily used in pharmaceutical, diagnostics, animal nutrition, food & beverage, research, and biotechnology.
Growing investment in biotechnology research & development is expected to boost market growth during the forecast period. Specialty enzymes are widely used in biotech research and development, particularly in molecular biology. The increasing investment and an increase in the number of companies conducting biotechnology research & development will in turn increase the number of biotech researches.
The global specialty enzymes market is expected to grow from $4.28 billion in 2020 to $4.41 billion in 2021 at a compound annual growth rate (CAGR) of 3%. The change in growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2020. The specialty enzymes market is expected to reach $6.1 billion in 2025 at a CAGR of 8%.
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Some specialty enzymes market trends include technological advancements. Challenges such as complexity in maintaining pH, operational high temperature of specialty enzymes and significant cost of maintenance of specialty enzyme products paves way for technological advancements.
Global specialty enzymes market segments include:
1) By Type: Carbohydrases, Proteases, Lipases, Polymerases & Nucleases, Oxidase & Hydratases, Others.
2) By Source: Microorganisms, Animals, Plants.
3) By Application: Pharmaceutical, Diagnostics, Research & Biotechnology, Food & Beverage, Animal Nutrition, Others.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Specialty Enzymes Global Market Report 2021: COVID-19 Implications And Growth To 2030 is one of a series of new reports from The Business Research Company that provides specialty enzymes market overviews, analyzes and forecasts market size, share, specialty enzymes market players, specialty enzymes market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The specialty enzymes market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Specialty Enzymes Global Market Report 2021: COVID-19 Implications And Growth To 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.
Market Players Covered: BASF SE, Novozymes A/S, Roche Holding AG, Codexis Inc., Specialty Enzymes & Probiotics, Advanced Enzyme Technologies Ltd., BBI Solutions, E. I. du Pont de Nemours and Company, Sanofi, Amano Enzyme Inc., Nagase & Co. Ltd., Affymetrix Inc., Biocatalysts Ltd, Life Technologies Corporation, Amicogen Inc., AB Enzymes, Dyadic International Inc., Chr. Hansen Holding A/S, Merck KGaA, Biovet Private Limited., Antozyme Biotech, Kerry Inc., Thermo Fisher Scientific Inc., Koninklijke DSM N.V., Aum Enzymes, Ultra Bio-Logics Inc., Aumgene Biosciences, The Soufflet Group, Shandong Longda Bio-Products Co. Ltd.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Specialty Enzymes Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Specialty Enzymes Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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