Industry Experts - Market Research Reports, Industry Analysis, Custom Research

A new report by Industry Experts, Inc., on " Industrial Enzymes Market ", reveals that the Global Industrial Enzymes market is estimated at US$7.7 billion in 2024 and projected to post a CAGR of 6.6% between 2024 and 2030 to reach US$11.3 billion by 2030. The global industrial enzymes market is driven by several key factors that reflect the changing preferences of consumers and the demands of the industries. A notable driver is the increasing demand for convenience and processed foods, alongside a shift toward healthier and more sustainable food options. Enzymes improve food quality, enhance texture, and prolong shelf life, facilitating large-scale production while satisfying consumer expectations. Innovations in enzyme manufacturing have increased efficiency and cost-effectiveness, allowing for wider accessibility across different industries. By application, the food and beverage segment dominates the industrial enzymes market accounting for 27.9% of the share ...

Industry Experts, Inc. published the 2020 version of the global market report " Industrial Enzymes – A Global Market Overview ". The report reveals that Carbohydrases is the largest segment of the industrial enzymes market as well as the fastest growing market during the analysis period 2019-2026. Demand for Industrial Enzymes used in Textiles & Leather applications is anticipated to decline drastically in 2020 compared to 2019, estimated at -8.2% Y-o-Y due to the decline in Chinese textile production, with volumes shifting away from China to countries with lower enzyme penetration. Demand for Industrial Enzymes in Biofuel applications is expected to contract sharply with a negative Y-o-Y rate of 7.3% due to sharp decline in gasoline demand and consequently a significant drop in the demand for ethanol. Industrial enzymes demand in Household Care estimated to grow at faster 9% Y-o-Y in 2020 due to increased enzymatic penetration of detergents, mainly in emerging markets...

Industry Experts, Inc. published the new global market report " Industrial Enzymes – A Global Market Overview ". The report reveals that North America is the largest region in the global Industrial Enzymes market with an estimated share of 33%, valued at US$1.8 billion in 2017 and forecast to touch US$2 billion by 2020 while Asia-Pacific is growing faster at a CAGR of 6.9% during 2017-2024. Industrial enzymes are enzymes that find commercial application in a host of industries, including pharmaceuticals, chemical production, biofuels, food & beverage and consumer products. Developments in the recent past have rendered biocatalysis through isolated enzymes more economical than the use of whole cells. Enzymes can be used as a unit operation within a process for generating a required product or can be the product of interest. The recent years have witnessed rapid growth in industrial biological catalysis using enzymes because of their capability of operating at mild condi...