The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The increasing number of health-conscious consumers is expected to drive innovation in protease manufacturing, propelling the market during the forecast period.

The global proteases market is expected to grow from $2.99 billion in 2022 to $3.19 billion in 2023 at a compound annual growth rate (CAGR) of 6.7%. The proteases market size is expected to grow to $4.12 billion in 2027 at a CAGR of 6.6%.

Get A Free Sample On The Global Proteases Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=8565&type=smp

Global Proteases Market Segments Include:

• By Source: Animal, Plant, Microbial
• By Form: Liquid, Powder
• By Application: Food And Beverage, Healthcare, Animal Feed, Other Applications
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global proteases market in 2021.

Major Market Players in the proteases market include Advanced Enzymes Technologies Limited, E.l. Du Pont de Nemours & Company, Amano Enzymes Inc., Biocatalysts Limited, Koninklijke DSM NV, Dyadic International Incorporated.

Product innovation is a key trend that is gaining traction in the protease market. To gain a competitive advantage in the proteases market, major players are focusing on innovating novel products. For example, the DSM-Novozymes Feed Enzymes Alliance, a collaboration between DSM, a Netherlands-based chemicals company, and Novozymes A/S, a Denmark-based biotechnology company, will launch ProAct 360, a novel and robust second-generation protease tailored to the needs of the feed industry, in September 2021. Feed efficiency, sustainability, and affordability are all advantages of the innovative proteases. It is more consistent and extracts more amino acids from feed, increasing feed efficiency. It is the only feed protease on the market that has been specifically designed for use in animal feed.

The Proteases Global Market Report 2023 provides a proteases market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The proteases market forecast analyzes proteases market size, proteases market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Proteases are a diverse group of enzymes that break down protein. Proteases are enzymes that break down proteins in the body or on the skin to aid digestion or to cause swelling and pain when proteins are broken down.

Explore Similar Reports From The Business Research Company:

Specialty Enzymes Global Market Report 2023

Digestive Enzymes Global Market Report 2023

Digestive Health Supplements Global Market Report 2023

Learn More About The Business Research Company
The Business Research Company has published over 3000+ detailed industry reports, spanning over 3000+ market segments and 60 geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.

Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at info@tbrc.info

Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on: