Global Specialty Enzymes Market

Global Specialty Enzymes Market Outlook, Opportunities And Strategies

Learn about the global specialty enzymes market through The Business Research Company, which provides information on specialty enzymes market size, specialty enzymes market drivers and restraints, specialty enzymes market players, the COVID-19 impact on the specialty enzymes market, and more.

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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%.

Growing investment in biotechnology research & development is expected to drive innovation in specialty enzymes, thus driving the market during the forecast period.

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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.

Global specialty enzymes market segments include:

By Type: Carbohydrases, Proteases, Lipases, Polymerases & Nucleases, Oxidase & Hydratases, Others

By Source: Microorganisms, Animals, Plants

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.

Technological advancements show opportunities for the production of enzyme products in a more efficient way. 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.

TBRC’s specialty enzymes market report covers:

Major Market Players: 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, and Amano Enzyme Inc.

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)

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, leading competitor revenues, profiles and market shares.

TBRC’s specialty enzymes market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Here is a list of similar reports from The Business Research Company:

Diagnostic Enzyme Global Market Report 2021

Digestive Enzymes Global Market Report 2021

Enzymes Global Market Report 2021

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