The Industrial Enzymes Market size is projected to reach a CAGR of 6.8% from 2022 to 2028.
Enzymes are proteins that catalyze chemical reactions. As such, enzymes have been widely used to facilitate industrial processes and the production of products, and these enzymes are referenced as industrial enzymes.
Rising product demand from the end-use industries, such as biofuel, home cleaning, animal feed, and food and beverage is the major factor that has supported long-term expansion for Industrial Enzymes Market.
The industrial enzymes market's growth is hampered by the COVID-19 pandemic, as lockdowns, and the shutdown of raw material supply chain and enzyme production plants globally have impacted several end user industries.
North America has the highest share during the forecast period. North America dominated the industrial enzymes market.
Insights are provided for each region and major countries within the regions
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Report Feature |
Descriptions |
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Growth Rate |
CAGR of 6.8% during the forecasting period, 2022-2028 |
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Historical Data |
2019-2020 |
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Forecast Years |
2022-2028 |
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Base Year |
2021 |
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Units Considered |
Revenue in USD billion and CAGR from 2022 to 2028 |
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Report Segmentation |
type, application and region. |
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Report Attribute |
Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling |
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Regional Level Scope |
North America, Europe, Asia-Pacific, South America, and Middle East and Africa |
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Country Level Scope |
U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe) |
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Companies Profiled |
Novozymes, DuPont, AB Enzymes, BASF SE and DSM |
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Available Customization |
In addition to the market data for Industrial Enzymes Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement. |
Industrial Enzymes Market is segmented into type, application and region.
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