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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Detergent Grade Enzymes Market Size
The global detergent grade enzymes market attained a volume of more than 815.09 kilo metric tons in 2023 owing to robust demand. The global detergent grade enzymes market is expected to witness a CAGR of 4.2% during the forecast period of 2024-2032, particularly in economies such as India, China, Indonesia, and Malaysia. The overall enzymes market is expected to support the growth of the global detergent grade enzymes market.
In 2017, Europe and the United States stood as the largest consumers of enzymes. Increased use in paper and pulp, detergent, leather, and textile industries supplemented the growth of the global enzymes market. Greater demand for quality healthcare, greater awareness towards improved quality of food and rising population with changing dietary requirements are further expected to drive the growth of the global enzymes market.
The global detergent grade enzymes market is expected to grow in the years to come owing to an increase of enzyme applications in the food and beverage, detergent, breweries, and pharmaceutical industries. In the medical field, enzymes are used for treating many types of chronic conditions and digestive disorders. Advancements in the field of pharmaceutical and biotechnology such as protein engineering have broadened the scope of use of enzymes which have aided the global enzymes market growth. The Asia Pacific region alone is anticipated to grow at a CAGR of around 10% between 2024 and 2032 due to growth in the pharmaceutical and food and beverage sectors, and greater availability of raw materials for biofuel production. Further, policies by governments of Italy, United States, Germany, Sweden, Austria, and France, seeking to encourage biodiesel production, are expected to boost demand over the next few years.
Detergent Grade Enzymes Market Report Snapshots
Detergent Grade Enzymes Market Size
Detergent Grade Enzymes Market Analysis
Detergent Grade Enzymes Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The global detergent grade enzymes market is expected to be driven by the global enzymes market, which attained a volume of more than 815.09 kilo metric tons in 2023.
The market is expected to be supported by the global enzymes market, which is expected to witness a CAGR of 4.2% in the forecast period of 2024-2032.
The major drivers of the market include rising disposable incomes, increasing population, growing hygiene consciousness, and rising applications in the detergent industry.
The rising innovations in packaging and manufacturing of the product, seeking to reduce the water use, is expected to be a key trend for the market.
North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the leading regions in the market.
The major types of the product include protease, amylase, lipase, and cellulase.
The leading players in the market are Novozymes Inc., DSM Nederland B.V., DuPont Co., Archer Daniels Midland Company, Amano Enzymes, and AB Enzymes GmbH.
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