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Biocatalysis is defined as a chemical process through which enzymes and other biological catalysts conduct reaction between organic components. Advancements in the biocatalysis technique have eventually increased the utility and penetration of biocatalysts in several application areas.
Rising demand from the food and beverages industry will be one of the major factors that will have a positive impact on the growth of the market. The changing lifestyle of people and the increase in per capita income led to a shift in food habits, there is an increasing preference for healthier diet and food. This in turn, will fuel the growth prospects of the market since the food industry uses biocatalysts such as carbohydrases, proteases, and lipases due to their properties such as anti-staling and softening that raises the shelf life of food products and beverages. The global biocatalysis and biocatalysts market in the detergents industry will grow at a steady pace during the forecast period due to the increasing use of biocatalysts, such as amylases, lipases, and proteases, in detergents to help remove stains from fibers. These enzymes allow stain removal in low temperature, short washing cycle, and minimal water usage. Europe is the largest market for biocatalysis currently and the same is expected to continue till 2019. This is because of high environmental regulations in Europe which is resulting in high demand for biocatalysts in the production of biofuel. The North American market is expected to register second highest growth rate after Europe. The Asia-Pacific market is expected to show a steady growth rate but the market is currently lower than North America and Europe. The U.S., Germany, and China are the hub of biocatalysts manufacturing in the world and are the major consumers of biocatalysts.
Market Analysis and Insights: Global Biocatalysis and Biocatalysts Market
The global Biocatalysis and Biocatalysts market was valued at US$ million in 2020 and it is expected to reach US$ million by the end of 2027, growing at a CAGR of % during 2021-2027.
Global Biocatalysis and Biocatalysts Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Biocatalysis and Biocatalysts Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Protease
Lipase
Carbohydrase
Others
Segment by Application
Food and Beverages Industry
Detergents Industry
Biofuel Production Industry
Agriculture and Feed Industry
Biopharmaceutical Industry
Others
By Company
BASF
Codexis
Novozymes
Royal DSM
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Rising demand from the food and beverages industry will be one of the major factors that will have a positive impact on the growth of the market. The changing lifestyle of people and the increase in per capita income led to a shift in food habits, there is an increasing preference for healthier diet and food. This in turn, will fuel the growth prospects of the market since the food industry uses biocatalysts such as carbohydrases, proteases, and lipases due to their properties such as anti-staling and softening that raises the shelf life of food products and beverages. The global biocatalysis and biocatalysts market in the detergents industry will grow at a steady pace during the forecast period due to the increasing use of biocatalysts, such as amylases, lipases, and proteases, in detergents to help remove stains from fibers. These enzymes allow stain removal in low temperature, short washing cycle, and minimal water usage. Europe is the largest market for biocatalysis currently and the same is expected to continue till 2019. This is because of high environmental regulations in Europe which is resulting in high demand for biocatalysts in the production of biofuel. The North American market is expected to register second highest growth rate after Europe. The Asia-Pacific market is expected to show a steady growth rate but the market is currently lower than North America and Europe. The U.S., Germany, and China are the hub of biocatalysts manufacturing in the world and are the major consumers of biocatalysts.
Market Analysis and Insights: Global Biocatalysis and Biocatalysts Market
The global Biocatalysis and Biocatalysts market was valued at US$ million in 2020 and it is expected to reach US$ million by the end of 2027, growing at a CAGR of % during 2021-2027.
Global Biocatalysis and Biocatalysts Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Biocatalysis and Biocatalysts Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Protease
Lipase
Carbohydrase
Others
Segment by Application
Food and Beverages Industry
Detergents Industry
Biofuel Production Industry
Agriculture and Feed Industry
Biopharmaceutical Industry
Others
By Company
BASF
Codexis
Novozymes
Royal DSM
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
