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Industrial Enzymes Market - Market Leader
North America and Europe were the leading industrial enzymes market in 2012. North America was the largest market in 2012. Carbohydrase accounted major market share in North America in 2012 and is anticipated to be the fastest growing product type. Asia-Pacific is growing at the fastest CAGR for the forecasted period.
Carbohydrases form the major class of enzymes that catalyzes the breakdown of carbohydrates into simple sugar. They also account for the largest market share in the food and beverage, detergent, and textile industry. Other sub-types of types of carbohydrases include amylase, cellulose, lactase, and pectinase. The market was led by carbohydrases in 2012 and also holds the major share of about 41% of the global market. The market for other enzymes is anticipated to grow at higher CAGR.
Carbohydrases and proteases were the leading product types for industrial enzymes market in 2012. Carbohydrases are the largest product type accounting major market share. Carbohydrases are the biggest market driver for the industrial enzymes industry due to their extensive requirement in food processing, brewing, baking, and biofuel manufacturing. The leading players in the industrial enzymes market are Novozymes (Denmark), DuPont (U.S.), Royal DSM (The Netherlands), and ABF Plc. (U.K.), among others.
Industrial Enzymes Market by Types (Carbohydrase, Protease, Lipase), Applications (Food & Beverages, Cleaning Agents, Bio-Fuel, Animal Feed), & Geography - Global Trends & Forecasts to 2018
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