Enzymes Market: Key Factors Impacting Growth 2024 : Grand View Research , Inc.Posted by Vakhas on April 23rd, 2019 San Francisco, United States, 2019-April-23 - The global enzymes market is expected to reach USD 17.50 billion by 2024, according to a new report by Grand View Research, Inc. Growing demand for enzymes in food & beverage products as they improve quality and eliminate deficiencies in the products is expected to propel industry growth in the near future. Increasing demand for bioethanol and biodiesel in emerging economies including India, Brazil, and Thailand will augment industry growth over the forecast period. Growing number of government investments along with R&D activities in industrial enzymes will drive demand over the next eight years. Rising population along with rising living standard will drive processed foods demand, which in turn will stimulate industry expansion. In addition, emerging protein design algorithms, along with growing inexpensive DNA sequencing technology will open new market avenues over the next seven years. Carbohydrases accounted for 47.7% of the global market share in 2015, dominating the enzymes industry and the segment is expected to show significant growth in light of high usage in animal feed, textile, food & beverages, and pharmaceutical applications. Moreover, mounting usage of artificial sweeteners, prebiotic products, and juices is expected to fuel product demand over the forecast period. To request a sample copy or view summary of this report, click the link below: www.grandviewresearch.com/industry-analysis/enzymes-industry North America specialty enzymes market, by application, 2013 – 2024 (USD Million) Further key findings from the report suggest
Grand View Research has segmented the global enzymes market on the basis of type, product, application and region: Global Enzymes Type Outlook (Revenue, USD Million, 2013 - 2024)
Global Enzymes Product Outlook (USD Million, 2013 - 2024)
Global Industrial Enzymes Application Outlook (Revenue, USD Million; 2012 - 2022)
Global Specialty Enzymes Application Outlook (Revenue, USD Million; 2012 - 2022)
Global Enzymes Regional Outlook (Revenue, USD Million, 2013 - 2024)
About Grand View Research Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare. Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc. Phone: 1-415-349-0058 Toll Free: 1-888-202-9519 Email: sales@grandviewresearch.com Like it? Share it!More by this author |