The global Enzymes Market is expected to reach USD 16.69 Billion by 2027, according to a new report by Emergen Research. The growth of the market can be attributed due to the increasing demand for specialty and industrial enzymes from the pharmaceutical and food & beverage sectors. Increasing investments in the research and biotechnology sector to produce new medicines and diagnostic solutions is augmenting the demand for the industry.
The severe global crisis has prompted organizations to efficiently respond to the rapidly shifting business environment. Therefore, the report fully covers the profound impact of COVID-19 on this industry, with a special focus on the affected industry segments. The latest research report can be viewed as a valuable source of viable data and information pertaining to this particular business vertical. It provides a complete overview of the Enzymes industry, considering the future growth analysis, demand, and supply graphs, as well as historical and future costs and revenue generation.
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The pandemic has affected the enzymes industry and disrupted the supply chain, raw material supplies, and demand for the product in the market. As people are facing a financial crisis, there are changes in consumer buying behavior, which can adversely affect the industry. The liquidity shortfall and the cash crisis might affect the sales of the product. There is a slight chance for the increase in the demand for enzymes due to the surge in diagnostics and medical testing methods pertaining to the current pandemic situation.
The global Enzymes market study covers the current COVID-19 scenario that has turned the global business sphere upside down. The coronavirus has resulted in a major economic downturn worldwide, while also adversely impacting the growth of this industrial sector. The pandemic has brought about drastic changes in market conditions.
With a major focus on the growth trajectories of each segment of the market, the report inspects the operating patterns of each market contender, for instance, partnerships & collaborations, mergers & acquisitions, and new product launches, in a detailed manner.
Key participants include DuPont, Novozymes, DSM, Lonza Group, Amano Enzyme Inc., BASF SE, Advanced Enzyme Technologies, Hansen Holdings A/S, Associated British Foods plc, and Enzyme Development Corporation, among others.
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It offers a lucid picture of current trends in the global market, with an unbiased perspective of the leading market players, key regions/countries, end-use industries, and various product types.
- Source Outlook (Revenue, USD Billion; 2017-2027)
- Product Outlook (Revenue, USD Billion; 2017-2027)
- Polymerases & Nucleases
- Application Outlook (Revenue, USD Billion; 2017-2027)
- Specialty Enzymes (Research & Biotechnology, Pharmaceuticals, Biocatalysts, Diagnostics)
- Industrial Enzymes (Food & Beverage, Animal Feed, Wastewater, Biofuels, Detergents)
The market intelligence report exhaustively examines the market value, share, demand, growth prospects, latest and historical trends, manufacturers, gross revenue collection, competitive terrain, market growth forecast, available products, and end-use applications.
To identify the key trends in the industry, click on the link below: https://www.emergenresearch.com/industry-report/enzymes-market
Asia-Pacific is expected to register the highest CAGR of 7.4% over the forecast period due to the increasing urban population in countries such as China, Malaysia, India, and Indonesia, growing awareness regarding chronic disorders and the rising disposable income of the consumers.
Regional Outlook (Revenue, USD Billion; 2017-2027)
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of APAC
- Latin America
- Rest of LATAM
- Saudi Arabia
- Rest of MEA
Key questions addressed in the report:
- What are the key factors driving the global Enzymes market?
- Who are the key manufacturers in this market space?
- Who are the distributors, traders and dealers of this market?
- What are the market opportunities and risks affecting the performance of the vendors in the global Enzymes market?
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Global Enzymes Market Report – Table of Contents:
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Enzymes Market Segmentation & Impact Analysis
4.1. Enzymes Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
184.108.40.206. Growing Environmental Awareness
220.127.116.11. Increasing R&D for technical enzymes
18.104.22.168. Increasing demand for biofuel
4.2.3. Market restraints analysis
22.214.171.124. Growing Budget constraints
126.96.36.199. Stringent regulatory framework
188.8.131.52. Present challenging economic conditions due to the pandemic
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Enzymes Market By Source Insights & Trends, Revenue (USD Million), Volume (Kilo Tons)
5.1. Source Dynamics & Market Share, 2019 & 2027
Chapter 6. Enzymes Market By Product Insights & Trends Revenue (USD Million), Volume (Kilo Tons)
6.1. Product Dynamics & Market Share, 2019 & 2027
6.1.3. Polymerases & Nucleases
Chapter 7. Enzymes Market By Application Insights & Trends Revenue (USD Million), Volume (Kilo Tons)
7.1. Application Dynamics & Market Share, 2019 & 2027
7.1.1. Specialty Enzymes (Research & Biotechnology, Pharmaceuticals, Biocatalysts, Diagnostics)
7.1.2. Industrial Enzymes (Food & Beverage, Animal Feed, Wastewater, Biofuels, Detergents)
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