Global Industrial Enzymes Market 2018-2022

Overview of the global industrial enzymes market

Technavio’s market research analysts have identified the increasing demand for food enzymes as one of the primary factors that will trigger the growth of the industrial enzymes market in the coming years. With the advent of advanced technologies, enzymes in food are taken from micro-organisms and provide anti-stale, digestive, and softening properties to food products. These properties increase the shelf life of the food products. To maintain the nutritional content, enzymes such as protease, lipase, and carbohydrase are extensively used in meat products, bakery, dairy, and frozen food products. With the increasing demand for food security and safety, the demand for processed food and packaged foodis also increasing. Moreover, consumer awareness regarding the health and nutritional benefits of food enzymes is also driving the growth of the industrial enzymes and their applications market. Our market research analysts estimate that industrial enzymes market will register a revenue of more than USD 7.2 billion by 2022.

The increasing advances in enzyme technology is one of the key trends in the industrial enzymes market. The increasing progress in genetics and process technology allows the industrial enzymes market to provide enhanced and cost-effective products. Several enzymes such as proteinase, cellulase, lipase, and α-amylase, have been modified to function better in industrial processes. Xylanase enzyme is gaining traction in the development of environment-friendly technologies, in the paper and pulp industry.

Companies covered

The industrial enzymes market is fragmented due to the presence of several players. This industry research report provides detailed information about the competitive environment among the companies in this marketspace. Moreover, the report also provides information on the strategies the companies follow and the areas they focus on to improve their revenue shares and sustain the competition in the industrial enzymes market

The report includes an analysis of a number of companies in this marketspace including -

• Amano Enzyme
• Codexis
• DowDuPont
• Koninklijke DSM
• Novozymes

Segmentation by application and analysis of the industrial enzymes market

• Food and beverage
• Nutraceutical
• Animal feed
• Detergents
• Personal care and cosmetics

The food and beverage segment accounted for the major share of the industrial enzymes market during 2017. Through this segment will witness a decline in its market shares, during the forecast period, it will continue to hold the maximum share of this market. The high demand for carbohydrase in food processing, baking, brewing, and biofuel production is a key factor driving the growth of the industrial enzymes market in this segment.

Geographical segmentation and analysis of the industrial enzymes market

• APAC
• Europe
• North America
• ROW

APAC accounted for the maximum shares of the market during 2017 and the industrial enzymes will continue to witness the major growth in this region during the forecast period as well. Emerging economies such as China and India are the leading contributors to the demand for food and beverages. This will drive the growth of the market in this region. Moreover, the increasing disposable income and the growth in gross domestic product (GDP) of the developing economies in APAC will also boost the demand for industrial enzymes in this region.

Key questions answered in the report include

• What will the market size and the growth rate be in 2022?
• What are the key factors driving the global industrial enzymes market?
• What are the key market trends impacting the growth of the global industrial enzymes market?
• What are the challenges to market growth?
• Who are the key vendors in the global industrial enzymes market?
• What are the market opportunities and threats faced by the vendors in the global industrial enzymes market?
• Trending factors influencing the market shares of the APAC, Europe, North America, and ROW.
• What are the key outcomes of the five forces analysis of the global industrial enzymes market?

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: MARKET LANDSCAPE

• Market ecosystem
• Market characteristics
• Market segmentation analysis

PART 05: MARKET SIZING

• Market definition
• Market sizing 2017
• Market size and forecast 2017-2022

PART 06: FIVE FORCES ANALYSIS

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

PART 07: MARKET SEGMENTATION BY APPLICATION

• Segmentation by application
• Comparison by application
• Food and beverage – Market size and forecast 2017-2022
• Nutraceutical – Market size and forecast 2017-2022
• Animal feed – Market size and forecast 2017-2022
• Detergents – Market size and forecast 2017-2022
• Personal care and cosmetics – Market size and forecast 2017-2022
• Others – Market size and forecast 2017-2022
• Market opportunity by application

PART 08: CUSTOMER LANDSCAPE

PART 09: REGIONAL LANDSCAPE

• Geographical segmentation
• Regional comparison
• APAC – Market size and forecast 2017-2022
• North America – Market size and forecast 2017-2022
• Europe – Market size and forecast 2017-2022
• ROW – Market size and forecast 2017-2022
• Key leading countries
• Market opportunity

PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES

• Market drivers
• Market challenges

PART 12: MARKET TRENDS

• Recent advances in enzyme technology
• Use of enzymes for second-generation bioethanol

PART 13: VENDOR LANDSCAPE

• Overview
• Landscape disruption

PART 14: VENDOR ANALYSIS

• Vendors covered
• Vendor classification
• Market positioning of vendors
• Amano Enzyme
• Codexis
• DowDuPont
• Koninklijke DSM
• Novozymes

PART 15: APPENDIX

• List of abbreviations