A new market research report by Transparency Market Research, titled “Industrial Enzymes Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 – 2020,” presents a comprehensive understanding of the market and encapsulates industry-validated data and thoughtful insights into the development of the market over the forecast period. It is a collation of qualitative and quantitative assessment being done by leading industry players across the value chain. The competitive landscape section of the study presents the leading players in the market and their top contributions in this market.

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The first section of the study presents an introduction to the overall market for industrial enzymes. Industrial enzymes are the complex proteins or molecules that aid in the biochemical reactions’ catalysis. They possess a characteristic of lowering the energy consumption in a reaction without being themselves consumed in that reaction. The commonly utilized process for making industrial enzymes is the process of fermentation. Bacteria, yeast, etc. are utilized in the process of fermentation.

As per the report, industrial enzymes are primarily utilized in the production of a number of food products and beverages. These include alcohol, bread, and cheese, among others. Hence, the soaring demand for food and beverages globally has stimulated the overall market for industrial enzymes. In addition, the growing demand for biofuel owing to the increasing incentives provided by governments globally will provide impetus to the development of the global industrial enzymes market. Furthermore, the rising activities of research and development will expand industrial enzymes’ application scope, thus presenting a key opportunity in the growth of the market.

In terms of product type, the report segments the market into protease, carbohydrase, and lipase. By application, the report categorizes the market into bio fuel, food & beverages, cleaning agents and other applications such as animal feed. Of these, the segment of food and beverages emerged as the top application segment in the market and is poised to maintain its dominance all through the forecast period.

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In terms of geography, the report categorizes the industrial enzymes market into Europe, North America, Asia Pacific, and Rest of the World (RoW). Of these, the North America industrial enzymes market leads and is trailed by Europe. However, both North America and Europe are predicted to lose their share in the coming years due to high development of the market in RoW and Asia Pacific. This is because Asia Pacific has two countries having a huge population base, namely China and India, contributing to the substantial demand for food and beverages in this region.
The names of some of the prominent players in the industrial enzymes market are Novozymes, Amano Enzyme Inc., BASF SE, E. I. du Pont de Nemours and Company, Dyadic International Inc., The Soufflet Group, and Codexis Inc.

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