Specialty Enzymes Global Market to Rise to $9 billion by 2030, Due to Preferred Properties Like Low Toxicity, Efficacy and Environmental Advantages

A new report from Industry Experts Inc, on "Specialty Enzymes", reveals that the global market for Specialty Enzymes is estimated at US$5.9 billion in 2024 and is anticipated to register a CAGR of 7.4% during the 2024-2030 analysis period and stand at a projected US$9 billion by 2030.

The specialty enzymes market is driven by increased investments in cell and gene-based therapies, advancements in enzyme engineering and bio-catalysis, and the wider use of nanozymes in regenerative medicine and diagnostics. Biocatalysts are preferred for their minimal toxicity, environmental advantages, and efficacy. Moreover, the rising incidence of metabolic disorders and chronic diseases, along with an emphasis on sustainable procedures and personalized medicine, continues to propel market expansion.

Based on the source, the microorganisms' segment is the largest market, which is projected to hold a share of approximately 76% in 2024 and is anticipated to record the fastest CAGR of 7.7% during forecast period from 2024 to 2030. The segment's swift expansion is driven by its cost-effective and scalable capabilities for producing enzymes, and advancements in fermentation technologies and the growing demand for biocatalysts in the biotechnology, pharmaceutical, and food production sectors.

The global market for specialty enzymes is analyzed in this report covering the major regions including North America (The United States, Canada, and Mexico), Europe (Germany, France, The United Kingdom, Spain, Italy, and Rest of Europe), Asia-Pacific (Japan, China, India, South Korea, and Rest of Asia-Pacific), South America (Brazil, Argentina, and Rest of South America) and Rest of World.

Specialty enzymes market studied in this report with respect to Source – Microorganisms, Plants and Animals; Type – Carbohydrases, Proteases, Lipases, Polymerases & Nucleases and Other Enzymes (Including Phytases, Laccases, Transglutaminases, Catalases, and Xylanases); Application – Pharmaceuticals, Research & Biotechnology, Diagnostics and Others (Including Biocatalysts, and Nutraceuticals).

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