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Major players in the enzymes market are increasing investment in research and development for the improvement of products:
Company | Established Year | Location | Description |
Koninklijke DSM N.V. | 1902 | Netherlands | Global leader in health, nutrition, and materials. Pioneer in leveraging scientific innovation to promote sustainable living. |
Amano Enzyme Inc. | 1899 | Japan | Specializes in the development and production of unique enzyme solutions for a variety of sectors. Recognized for its commitment to quality and innovation. |
Advanced Enzyme Technologies | 1989 | India | Forefront company in the production of enzymes and probiotics. Focuses on delivering innovative solutions across human healthcare, animal nutrition, and industrial processing. |
AB Enzymes GmbH | 1907 | Germany | Leading biotechnology company specializing in the production of enzymes for various industrial applications. Subsidiary of Associated British Foods. |
Other key players in the global enzymes market are Novozymes A/S, MetGen Oy. Cooperation, Aum Enzymes, F. Hoffmann-La Roche Ltd, BASF SE, ABF Ingredients Limited, Codexis, Inc., Creative Enzymes, Chr. Hansen Holding A/S, Enzyme Solutions, Inc., and International Flavors & Fragrances Inc., among others.
Leading players in the enzymes market are dedicating resources to research and development in order to innovate enzymes that offer improved features, increased effectiveness, and wider uses. Through advancements in biotechnology, their goal is to produce enzyme solutions that are not only more sustainable and cost-efficient but also exhibit excellent performance. This involves modifying enzymes to function optimally in environments leading to reduced energy usage and promoting conscious practices.
Enzymes Market Regional Analysis
*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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In 2023, the global market for enzymes reached a value of approximately USD 10.88 billion.
The market is projected to grow at a CAGR of 6.70% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 19.51 billion by 2032.
The major drivers of the market include the rising consumer awareness regarding health, increased consumption of functional food items, growing demand for enzymes in the food and beverage industry, and increased funding and investment.
The rising prevalence of various health conditions and growing demand for enzymes in various end-use segments are expected to significantly enhance the growth of the market.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Protease, amylase, lipase, and cellulase are the different types of enzymes in the market.
The major players in the market are Koninklijke DSM N.V., Amano Enzyme Inc., Advanced Enzyme Technologies, AB Enzymes GmbH, Novozymes A/S, MetGen Oy. Cooperation, Aum Enzymes, F. Hoffmann-La Roche Ltd, BASF SE, ABF Ingredients Limited, Codexis, Inc., Creative Enzymes, Chr. Hansen Holding A/S, Enzyme Solutions, Inc., and International Flavors & Fragrances Inc., among others.
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