Industrial Enzymes Market

Industrial Enzymes Market by Type (Carbohydrases, Proteases, Lipases, Polymerases & Nucleases), Application (Food & Beverages, Bioethanol, Feed, Detergents, Wastewater, Soil, and Oil Treatment), Source, Formulation and Region - Global Forecast to 2026

Report Code: FB 2277 Jan, 2022, by marketsandmarkets.com

[235 Pages Report] The global industrial enzymes market is estimated to be valued at USD 6.6 billion in 2021. It is projected to reach USD 9.1 billion by 2026, recording a CAGR of 6.6% during the forecast period. The use of enzymes helps in ensuring better product quality with a lower manufacturing cost and lesser waste and energy consumption. The extent to which a desired industrial effect is achieved by an enzyme can be controlled through various means, such as dose, temperature, and time, as enzymes are catalysts, and their amount added to accomplish a reaction is relatively small.

Industrial Enzymes Market

To know about the assumptions considered for the study, Request for Free Sample Report

Impact of Covid-19 on Industrial Enzymes Market

The COVID-19 pandemic has highlighted the importance of eating healthy and nutritious food with a balanced intake of enzymes and other energy sources. As a result, fortified foods & beverages infused with nutritional enzymes and other healthy ingredients are witnessing an increase in demand. The market for meat products is projected to record a considerably lower growth rate due to the aversions toward meat products among consumers. However, the demand for bakery & confectionery products, dairy products, and juices is projected to increase with the rise in health concerns and increase in awareness regarding enzyme-infused products.

Market Dynamics

Drivers: Switch toward renewable sources of energy lead to increasing consumption of bioethanol

The need for non-renewable sources, such as fossil fuels, has increased during the last few decades; hence, the search for sustainable and renewable alternative sources has gained growing interest. Enzymatic hydrolysis in bioethanol production presents a vital step, where sugars that are fermented are obtained in the final fermentation process. In countries with surplus agricultural capacity, ethanol produced from biomass can be used as a substitute, extender, or octane booster as an alternative for traditional motor fuels, such as gasoline, diesel, and kerosene. Bioethanol is prepared from agricultural waste containing corn stalks, leaves, bagasse of sugarcane, sugar beet, sorghum stalks, wheat, barley, rye, and by-products, such as whey from cheese making and potato processing waste streams.

Restraints: Action of enzymes restricted to various external factors

The action of enzymes is largely influenced by the surrounding environmental conditions. A decrease in temperature causes the reaction rate to drop drastically, while thermal agitation denatures the food enzyme (deteriorates the food enzyme structure), thereby making it non-functional. Varying the pH outside the operational range of the food enzyme also reduces the enzyme activity and can ultimately lead to permanent denaturation. Food enzyme manufacturers strive to produce enzymes that can operate in a wide temperature and pH range; however, there is still a long way to go if enzyme use has to be universally implemented in all food & beverages manufacturing processes.

Opportunities: Demand for natural substitutes of synthetic chemicals

Enzymes are recognized as alternatives to traditional chemicals and provide solutions to problems related to synthetic chemicals. Synthetic chemicals used in industrial processes threaten the environment as they are harmful. Enzymes, such as carbohydrases, which are derived from plants and microorganisms, have no negative impact on the environment as they work under mild conditions, thus reducing energy consumption and decreasing greenhouse gas emissions. Carbohydrases derived from plants and microorganisms are utilized in the textile, starch processing, and bioethanol production industries. The leather industry has switched to proteases and trypsin over lime and sulfides to obtain high yields with cleaner products. Amylase and protease are used in the bakery industry to get maximum output. Enzymes are also used to improve the nutritional value of food and feed products. Enzymes reduce water consumption and chemical waste and decrease by-product generation, posing negligible risks to humans and the ecosystem. Hence, the use of enzymes is considered cost-effective, safe, and environmentally friendly.

Challenges: High costs of raw materials limiting the usage of enzymes

Industrial enzymes catalyze chemical reactions as they increase the rate of reaction that approaches toward stability. Enzymatic processes used in various industrial applications result in reduced prices of end products. However, this change is limited by the high cost of raw materials used in enzyme manufacturing. Enzymes are highly temperature-sensitive and can be denatured by even a small increase in temperature. They also become toxic with a change in pH, as they are sensitive to external factors in the manufacturing process. Enzymes are expensive to produce as they perform reactions for a specific period. Additionally, contamination of the enzyme with other chemical substances used in food & beverages can affect the chemical reaction, which would result in huge wastages. Therefore, these factors result in a rise in costs involved while considering enzymes as raw material, thereby creating a challenge for the market.

Lyophilization Retaining The Nutritional Value

Lyophilization is also known as freeze-drying; it is a process of removing moisture from raw, frozen products through a vacuum system and sublimation. In the case of a lyophilized powder formulation, there is minimal thermal damage of protein since the entire process is carried out at a temperature less than 30 °C (86 °F). This process has the ability to produce clean, whole, and nutritious food ingredients with a high shelf-life, making products versatile, accessible, and convenient. The lyophilized powder is produced using a unique combination of various coating technologies. This, in turn, leads to effective encapsulation of the enzyme, which isolates it from the environment. This kind of formulation retains the nutritional value better than other drying methods without affecting the actual color and shape of the original raw material, reassuring consumers they are getting real fruits & vegetables.

Increased Production In Lesser Time Boosting The Industrial Usage Of Microbial Enzymes

Microbial enzymes play a major role in the industrial enzymes market because they are more stable than plant and animal enzymes. They can be produced through fermentation techniques in a cost-effective manner with less time and space requirement, and because of their high consistency, process modification and optimization are easily done. Novel enzymes that cannot be extracted from plants and animals are derived from microorganisms and can be easily used. Enzymes are biocatalysts that play an important role in metabolic and biochemical reactions. Microbial enzymes are mainly produced by submerged fermentation and solid-state fermentation. The enormous diversity of microbial enzymes makes them an important source of raw materials for industrial applications, such as bioethanol, Paper & pulp, textile & leather, detergents, feed, and wastewater treatment. For example, the use of microbial enzymes in the Paper & pulp industry allows the secondary fiber structure to loosen up, releasing the embedded ink with reduced usage of alkali, chemicals, and detergents.

Increased Usage of Amylase Benefitting the Food & Beverage and Textile Industries

Amylases are an important type of carbohydrases used to catalyze the hydrolysis of starch into sugars. They are among the main types of enzymes used in the industry to hydrolyze starch molecules into polymers composed of glucose units. Amylase breaks down carbohydrases (polysaccharides) into disaccharides and, ultimately, into monosaccharides, such as glucose. It is used in the baking industry as the addition of amylase to the dough, which enhances the rate of fermentation; this results in the reduction of the viscosity of dough, further improving the volume and texture of the product. Moreover, it generates additional sugar in the dough, which improves the taste, crust color, and toasting qualities of bakery products. Additionally, amylase usage in the textile industry benefits denim manufacturers in de-sizing and lowering the operational costs; in the paper industry, amylases help de-inking and drainage improvement. These factors fuel the usage of amylases in industrial applications.

Industrial Enzymes Market  by Region

To know about the assumptions considered for the study, download the pdf brochure

North America dominated the industrial enzymes market, with a value of USD 2.0 billion in 2020; it is projected to reach USD 2.8 billion by 2026, at a CAGR of 5.7% during the forecast period.

The North American industrial enzymes market is led by their wide industrial applications. Technological advancements have made enzymes available for a wide range of applications. The North American region is the largest market for industrial enzymes, owing to the development of novel and superior performing products, developed technologies, and global industrialization. The US is the dominating country in the North American industrial enzymes market. However, the market in this region has reached maturity, and the use of enzymes has become standard practice. According to the Alltech Feed Survey in 2019, North America witnessed a steady growth of 2% in feed production over the last year. This is due to the increase in the growth of major species, with beef and poultry leading at 3% each. This has positively impacted the usage of enzymes in feed in the North American region.

Key Market Players

Key players in this market include DuPont (US), Associated British Foods plc (UK), DSM (Netherlands), Novozymes (US), CHr. Hansen Holdings A/S (Denmark), and Kerry Group (Ireland).

Get online access to the report on the World's First Market Intelligence Cloud

  • Easy to Download Historical Data & Forecast Numbers
  • Company Analysis Dashboard for high growth potential opportunities
  • Research Analyst Access for customization & queries
  • Competitor Analysis with Interactive dashboard
  • Latest News, Updates & Trend analysis
Request Sample

Scope of the Report

Report Metric

Details

Market size estimation

2019–2026

Base year considered

2020

Forecast period considered

2021–2026

Units considered

Value (USD), Volume (Tons)

Segments covered

 

By formulation, source, type, application, and region

Regions covered

North America, Asia Pacific, Europe, South America and RoW

Companies studied

  • BASF (Germany)
  • Novozymes (Denmark)
  • DuPont (US)
  • DSM (Netherlands)
  • ABF (UK)
  • Kerry (Ireland)
  • Advanced Enzyme Technologies (India)
  • CHR. Hansen (Denmark)
  • Amano Enzyme Inc. (Japan)
  • Aumgene Biosciences (India)
  • Megazyme (Ireland)
  • Enzyme Supplies (UK)
  • Creative Enzymes (US)
  • Enzyme Solutions (US)
  • Enzymatic Deinking Technologies (US)
  • Biocatalysts (UK)
  • Sunson Industry Group (China)
  • Metagen (Finland)
  • Denykem (UK)
  • Tex Biosciences (India)

This research report categorizes the industrial enzymes market, based on formulation, source, type, application, and region

Target Audience:

  • Enzyme raw material suppliers
  • Industrial enzyme manufacturers
  • Intermediate suppliers, such as traders and distributors of enzymes
  • Manufacturers of food & beverages, bioethanol, pulp & paper, textile & leather, detergents, feed, and wastewater, soil and oil treatment service providers
  • Government and research organizations
  • Associations, regulatory bodies, and other industry-related bodies:
    • European communities
    • World Health Organization (WHO)
    • Enzymes Technology Association (ETA)
    • Association of Manufacturers & Formulators of Enzyme Products (AMFEP)
    • OECD-FAO Agricultural Outlook
    • United States Department of Agriculture (USDA)
    • European Union (EU)

Report Scope:

By formulation

  • Lyophilized
  • Liquid
  • Dry

By source

  • Microorganism
  • Plant
  • Animal

By type

  • Carbohydrases
  • Amylases
  • Cellulases
  • Other Carbohydrases
  • Proteases
  • Lipases
  • Polymerases & Nucleases
  • Other types

By application

  • Food & beverages
    • Bakery & Confectionery products
    • Dairy products
    • Beverages
    • Sugar
    • Meat processing products
    • Nutraceuticals
    • Other food & beverages
  • Detergents
    • Laundry detergents
    • Automatic dishwashing detergents
    • Other detergents
  • Feed
    • Ruminant Feed
    • Swine Feed
    • Poultry Feed
    • Aqua Feed
    • Other Feed
  • Bioethanol
  • Soil treatment
  • Paper & Pulp
  • Textiles & Leather
  • Wastewater treatment
  • Oil treatment
  • Other applications

By Region:

  • North America
  • Europe
  • Asia Pacific
  • South America
  • Rest of the World (RoW)

Recent Developments

  • In April 2021, BASF signed an agreement with Sandoz GmbH, a subsidiary of Novartis, to invest at the Kundl/Schaftenau Campus in Austria. This agreement enables BASF to further develop its production footprint for enzymes and biotechnology products.
  • In November 2020, DuPont Nutrition & Biosciences (DuPont) undertook a new partnership between its Food & Beverage platform and the Institute for the Future (IFTF), the world’s leading future organization. The collaboration seeks to drive far-sighted food and beverage innovation that anticipates shifts in market needs.
  • In October 2018, DSM opened a second Animal Nutrition & Health premix plant in Jadcherla, India. This decision to expand its operations in India will help DSM grow in the Indian market. With this plant, DSM aims to provide tailor-made solutions for local needs.
  • In March 2018, Kerry expanded its regional development and application center in Bangpoo, (Thailand). With the industry-leading research and sensory facilities in this center, the company is focused on expansion in the Asian market.

Frequently Asked Questions (FAQ):

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 21)
    1.1 OBJECTIVES OF THE STUDY
    1.2 MARKET DEFINITION
    1.3 STUDY SCOPE
           FIGURE 1 MARKET SEGMENTATION
           TABLE 1 INCLUSIONS AND EXCLUSIONS
    1.4 REGIONS COVERED
    1.5 PERIODIZATION CONSIDERED
    1.6 CURRENCY CONSIDERED
           TABLE 2 USD EXCHANGE RATES CONSIDERED, 2015–2020
    1.7 UNITS CONSIDERED
    1.8 STAKEHOLDERS

2 RESEARCH METHODOLOGY (Page No. - 27)
    2.1 RESEARCH DATA
           FIGURE 2 INDUSTRIAL ENZYMES MARKET: RESEARCH DESIGN
           2.1.1 SECONDARY DATA
                    2.1.1.1 Key data from secondary sources
           2.1.2 PRIMARY DATA
                    2.1.2.1 Key data from primary sources
                    2.1.2.2 Key industry insights
                    2.1.2.3 Breakdown of primary interviews
                               FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS: BY VALUE CHAIN, DESIGNATION, AND REGION
    2.2 FACTOR ANALYSIS
           2.2.1 INTRODUCTION
           2.2.2 DEMAND-SIDE ANALYSIS
                    FIGURE 4 KEY ECONOMIES BASED ON GDP, 2013–2018 (USD TRILLION)
           2.2.3 SUPPLY-SIDE ANALYSIS
                    FIGURE 5 R&D EXPENDITURE FOR BIOTECHNOLOGY, 2019
    2.3 MARKET SIZE ESTIMATION
           2.3.1 APPROACH ONE (BASED ON APPLICATION AND TYPE, BY REGION)
           2.3.2 APPROACH TWO (BASED ON THE GLOBAL MARKET)
    2.4 DATA TRIANGULATION
           FIGURE 6 DATA TRIANGULATION METHODOLOGY
    2.5 RESEARCH ASSUMPTIONS
    2.6 RESEARCH LIMITATIONS

3 EXECUTIVE SUMMARY (Page No. - 38)
    TABLE 3 INDUSTRIAL ENZYMES MARKET SNAPSHOT, 2021 VS. 2026
    FIGURE 7 INDUSTRIAL ENZYMES MARKET, BY TYPE, 2021 VS. 2026 (USD MILLION)
    FIGURE 8 INDUSTRIAL ENZYMES MARKET, BY TYPE, 2021 VS. 2026 (TONS)
    FIGURE 9 INDUSTRIAL ENZYMES MARKET, BY APPLICATION, 2021 VS. 2026 (USD MILLION)
    FIGURE 10 INDUSTRIAL ENZYMES MARKET, BY SOURCE, 2021 VS. 2026 (USD MILLION)
    FIGURE 11 INDUSTRIAL ENZYMES MARKET SHARE, BY REGION, 2020

4 PREMIUM INSIGHTS (Page No. - 43)
    4.1 OVERVIEW OF THE INDUSTRIAL ENZYMES MARKET
           FIGURE 12 INCREASE IN ENVIRONMENTAL CONCERNS AND THE RISE IN THE DEMAND FOR BIOETHANOL TO DRIVE THE GROWTH OF THE INDUSTRIAL ENZYMES MARKET
    4.2 NORTH AMERICA: INDUSTRIAL ENZYMES MARKET, BY APPLICATION AND COUNTRY
           FIGURE 13 UNITED STATES ACCOUNTED FOR THE LARGEST SHARE IN THE NORTH AMERICAN MARKET IN 2020
    4.3 INDUSTRIAL ENZYMES MARKET, BY TYPE AND REGION
           FIGURE 14 NORTH AMERICA TO DOMINATE THE MARKET FOR INDUSTRIAL ENZYMES, 2021 VS. 2026
    4.4 INDUSTRIAL ENZYMES MARKET, BY SOURCE
           FIGURE 15 MICROORGANISM SEGMENT TO DOMINATE THE INDUSTRIAL ENZYMES MARKET DURING THE FORECAST PERIOD, 2021 VS. 2026
    4.5 INDUSTRIAL ENZYMES MARKET: MAJOR REGIONAL SUBMARKETS
           FIGURE 16 UNITED STATES WAS THE LARGEST MARKET GLOBALLY FOR INDUSTRIAL ENZYMES IN 2020

5 MARKET OVERVIEW (Page No. - 48)
    5.1 INTRODUCTION
    5.2 MARKET DYNAMICS
           FIGURE 17 INDUSTRIAL ENZYMES MARKET DYNAMICS
           5.2.1 DRIVERS
                    5.2.1.1 Switch toward renewable sources of energy lead to increasing consumption of bioethanol
                               FIGURE 18 BIOETHANOL PRODUCTION WORLDWIDE
                    5.2.1.2 R&D activities meeting the rising demand for enzyme applications
                    5.2.1.3 Advancements in enzyme engineering & green chemistry and introduction of genetically engineered enzymes
                    5.2.1.4 Use of enzymes in various industries
                               TABLE 4 APPLICATIONS AND BENEFITS OF ENZYMES
           5.2.2 RESTRAINTS
                    5.2.2.1 Action of enzymes restricted to various external factors
                    5.2.2.2 Stringent regulatory guidelines for manufacturers
                    5.2.2.3 High adaptation costs involved for SMEs
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Demand for natural substitutes of synthetic chemicals
                    5.2.3.2 Innovations in technologies and a wide industry scope
                    5.2.3.3 Innovative technological platforms
                    5.2.3.4 Development of enzymes with a longer shelf-life
                               5.2.3.4.1 Encapsulation to enhance shelf-life
           5.2.4 CHALLENGES
                    5.2.4.1 High costs of raw materials limiting the usage of enzymes
                    5.2.4.2 Concerns over the quality of enzymes used in the food & beverages and feed industries
                    5.2.4.3 Lack of transparency in patent protection laws in few countries

6 INDUSTRY TRENDS (Page No. - 58)
    6.1 INTRODUCTION
    6.2 YC-YCC SHIFT
           FIGURE 19 YCC: REVENUE SHIFT FOR THE INDUSTRIAL ENZYMES MARKET
    6.3 VALUE CHAIN
           FIGURE 20 INDUSTRIAL ENZYMES MARKET: VALUE CHAIN
           6.3.1 RESEARCH & DEVELOPMENT
           6.3.2 SOURCING OF RAW MATERIALS
           6.3.3 PRODUCTION & PROCESSING
           6.3.4 DISTRIBUTION, MARKETING, AND SALES
    6.4 TECHNOLOGY ANALYSIS
           6.4.1 ARTIFICIAL INTELLIGENCE IN ENZYMES DESIGN
           6.4.2 FOOD ENZYMES AND ENCAPSULATION
    6.5 PATENT ANALYSIS
           FIGURE 21 LIST OF TOP PATENTS IN THE MARKET (2001–2020)
           TABLE 5 PATENTS PERTAINING TO ENZYMES, 2017–2020
    6.6 ECOSYSTEM MAP & SUPPLY CHAIN
           6.6.1 INDUSTRIAL ENZYMES: MARKET MAP OF ECOSYSTEM
                    TABLE 6 INDUSTRIAL ENZYMES MARKET: SUPPLY CHAIN (ECOSYSTEM)
           6.6.2 INDUSTRIAL ENZYMES: MARKET MAP
    6.7 PORTER’S FIVE FORCES ANALYSIS
           TABLE 7 INDUSTRIAL ENZYMES MARKET: PORTER’S FIVE FORCES ANALYSIS
           6.7.1 THREAT OF NEW ENTRANTS
           6.7.2 THREAT OF SUBSTITUTES
           6.7.3 BARGAINING POWER OF SUPPLIERS
           6.7.4 BARGAINING POWER OF BUYERS
           6.7.5 INTENSITY OF COMPETITIVE RIVALRY
    6.8 TRADE ANALYSIS
           TABLE 8 EXPORT DATA OF INDUSTRIAL ENZYMES FOR KEY COUNTRIES, 2020 (VALUE AND VOLUME)
           TABLE 9 RE-EXPORT DATA OF INDUSTRIAL ENZYMES FOR KEY COUNTRIES, 2020 (VALUE AND VOLUME)
           TABLE 10 IMPORT DATA OF INDUSTRIAL ENZYMES FOR KEY COUNTRIES, 2020 (VALUE AND VOLUME)
           TABLE 11 RE-IMPORT DATA OF INDUSTRIAL ENZYMES FOR KEY COUNTRIES, 2020 (VALUE AND VOLUME)
    6.9 CASE STUDIES
           6.9.1 GROWING DEMAND FOR BAKERY INGREDIENTS
                    TABLE 12 INDUSTRIAL ENZYMES MARKET: GROWING DEMAND FOR BAKERY INGREDIENTS

7 REGULATORY FRAMEWORK (Page No. - 75)
    7.1 INTRODUCTION
    7.2 ENZYME REGULATIONS IN THE US 21 CFR 173
           TABLE 13 ENZYME PREPARATION APPROVED-FOOD ADDITIVES LISTED IN 21 CFR 173
           TABLE 14 ENZYME PREPARATION SPECIFIED IN FOOD STANDARDS
           TABLE 15 ENZYME PREPARATIONS AFFIRMED AS GRAS LISTED IN 21 CFR 184
    7.3 ENZYME REGULATIONS IN EUROPE
           TABLE 16 LIST OF PERMITTED ENZYMES IN EUROPE
           7.3.1 EU LEGISLATION RELEVANT TO FOOD ENZYMES
    7.4 ENZYME REGULATIONS IN AUSTRALIA & NEW ZEALAND

8 INDUSTRIAL ENZYMES MARKET, BY FORMULATION (Page No. - 78)
    8.1 INTRODUCTION
    8.2 LYOPHILIZED POWDER
           8.2.1 LYOPHILIZATION RETAINING THE NUTRITIONAL VALUE
    8.3 LIQUID
           8.3.1 EASE OF USE IN INDUSTRIAL APPLICATIONS BOOSTING THE USAGE OF THE LIQUID FORM
    8.4 DRY
           8.4.1 BETTER ACCURACY OF DOSAGES
                    FIGURE 22 PRODUCTION OF DRY ENZYMES

9 INDUSTRIAL ENZYMES MARKET, BY SOURCE (Page No. - 81)
    9.1 INTRODUCTION
           FIGURE 23 INDUSTRIAL ENZYMES MARKET SHARE (VALUE), BY SOURCE, 2021 VS. 2026
           TABLE 17 INDUSTRIAL ENZYMES MARKET SIZE, BY SOURCE, 2019–2026 (USD MILLION)
    9.2 MICROORGANISM
           9.2.1 INCREASED PRODUCTION IN LESSER TIME BOOSTING THE INDUSTRIAL USAGE OF MICROBIAL ENZYMES
                    TABLE 18 MICROORGANISM-BASED INDUSTRIAL ENZYMES MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)
    9.3 PLANT
           9.3.1 PLANT-BASED ENZYMES THRIVING OVER A WIDE RANGE OF TEMPERATURES
                    TABLE 19 PLANT-BASED INDUSTRIAL ENZYMES MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)
    9.4 ANIMAL
           9.4.1 BEING TEMPERATURE-SENSITIVE DISCOURAGING THE INDUSTRIAL USAGE OF ANIMAL-BASED ENZYMES
                    TABLE 20 ANIMAL-BASED INDUSTRIAL ENZYMES MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)

10 INDUSTRIAL ENZYMES MARKET, BY TYPE (Page No. - 87)
     10.1 INTRODUCTION
               FIGURE 24 INDUSTRIAL ENZYMES MARKET SHARE (VALUE), BY TYPE, 2021 VS. 2026
               TABLE 21 INDUSTRIAL ENZYMES MARKET SIZE, BY TYPE, 2019–2026 (USD MILLION)
               TABLE 22 INDUSTRIAL ENZYMES MARKET SIZE, BY TYPE, 2019–2026 (TONS)
               TABLE 23 INDUSTRIAL CARBOHYDRASES MARKET SIZE, BY SUBTYPE, 2019–2026 (USD MILLION)
     10.2 CARBOHYDRASES
               TABLE 24 INDUSTRIAL CARBOHYDRASES MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)
               TABLE 25 INDUSTRIAL CARBOHYDRASES MARKET SIZE, BY REGION, 2019–2026 (TONS)
             10.2.1 AMYLASES
                       10.2.1.1 Increased usage of amylase benefitting the food & beverage and textile industries
                                   TABLE 26 INDUSTRIAL AMYLASES MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)
             10.2.2 CELLULASES
                       10.2.2.1 The complex nature of cellulases boosting a wide industrial usage
                                   TABLE 27 INDUSTRIAL CELLULASES MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)
             10.2.3 OTHER CARBOHYDRASES
                       TABLE 28 OTHER INDUSTRIAL CARBOHYDRASES MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)
     10.3 PROTEASES
             10.3.1 COMPETENT CHARACTERISTIC TO HYDROLYZE PROTEINS BOOSTING THE INDUSTRIAL USE OF PROTEASES
                       TABLE 29 INDUSTRIAL PROTEASES MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)
                       TABLE 30 INDUSTRIAL PROTEASES MARKET SIZE, BY REGION, 2019–2026 (TONS)
     10.4 LIPASES
             10.4.1 COMMERCIALIZING BIOETHANOL PRODUCTION FROM ENZYMATIC PROCESSES FUELING THE LIPASES MARKET
                       TABLE 31 INDUSTRIAL LIPASES MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)
                       TABLE 32 INDUSTRIAL LIPASES MARKET SIZE, BY REGION, 2019–2026 (TONS)
     10.5 POLYMERASES & NUCLEASES
             10.5.1 POLYMERASES & NUCLEASES FORMING AN ESSENTIAL PART OF FOOD BIOTECHNOLOGY ADVANCEMENTS
                       TABLE 33 INDUSTRIAL POLYMERASES & NUCLEASES MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)
                       TABLE 34 INDUSTRIAL POLYMERASES & NUCLEASES MARKET SIZE, BY REGION, 2019–2026 (TONS)
     10.6 OTHER TYPES
               TABLE 35 OTHER INDUSTRIAL ENZYMES TYPE MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)
               TABLE 36 OTHER INDUSTRIAL ENZYMES TYPE MARKET SIZE, BY REGION, 2019–2026 (TONS)

11 INDUSTRIAL ENZYMES MARKET, BY APPLICATION (Page No. - 98)
     11.1 INTRODUCTION
               FIGURE 25 INDUSTRIAL ENZYMES MARKET SHARE (VALUE), BY APPLICATION, 2021 VS. 2026
               TABLE 37 INDUSTRIAL ENZYMES MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
     11.2 FOOD & BEVERAGES
               TABLE 38 INDUSTRIAL ENZYMES MARKET SIZE IN FOOD & BEVERAGES, BY REGION, 2019–2026 (USD MILLION)
               TABLE 39 INDUSTRIAL ENZYMES MARKET SIZE IN FOOD & BEVERAGES, BY SUBAPPLICATION, 2019–2026 (USD MILLION)
             11.2.1 BAKERY & CONFECTIONERY PRODUCTS
                       11.2.1.1 Enzyme usage increasing the shelf-life of bakery and confectionery products
                                   TABLE 40 ENZYMES USED IN THE BAKERY PRODUCTS APPLICATION
                                   TABLE 41 INDUSTRIAL ENZYMES MARKET SIZE IN BAKERY & CONFECTIONERY PRODUCTS, BY REGION, 2019–2026 (USD MILLION)
             11.2.2 DAIRY PRODUCTS
                       11.2.2.1 Popularity of protease and lactase in the dairy industry
                                   TABLE 42 ENZYMES USED IN THE DAIRY PRODUCTS APPLICATION
                                   TABLE 43 INDUSTRIAL ENZYMES MARKET SIZE IN DAIRY PRODUCTS, BY REGION, 2019–2026 (USD MILLION)
             11.2.3 BEVERAGES
                       11.2.3.1 Late bitterness in citrus fruits representing an economic hindrance
                                   TABLE 44 INDUSTRIAL ENZYMES MARKET SIZE IN BEVERAGES, BY REGION, 2019–2026 (USD MILLION)
             11.2.4 SUGAR
                       11.2.4.1 Enzymes for sugar used as aids to sugar production and refining
                                   TABLE 45 INDUSTRIAL ENZYMES MARKET SIZE IN SUGAR, BY REGION, 2019–2026 (USD MILLION)
                                   TABLE 46 INDUSTRIAL ENZYMES MARKET SIZE IN SUGAR, BY SUB APPLICATION, 2019–2026 (USD MILLION)
             11.2.5 MEAT PROCESSING PRODUCTS
                       11.2.5.1 Enzyme usage in meat impacting the flavor of meat products
                                   TABLE 47 INDUSTRIAL ENZYMES MARKET SIZE IN MEAT PRODUCTS, BY REGION, 2019–2026 (USD MILLION)
             11.2.6 NUTRACEUTICALS
                       11.2.6.1 Use of enzymes for improving the functionality of proteins
                                   TABLE 48 INDUSTRIAL ENZYMES MARKET SIZE IN NUTRACEUTICALS, BY REGION, 2019–2026 (USD MILLION)
             11.2.7 OTHER FOOD & BEVERAGES
                       TABLE 49 INDUSTRIAL ENZYMES MARKET SIZE IN OTHER FOOD & BEVERAGES, BY REGION, 2019–2026 (USD MILLION)
     11.3 DETERGENTS
             11.3.1 LAUNDRY DETERGENTS
                       11.3.1.1 Usage of enzymes in laundry associated with lower time, energy, and water consumption
             11.3.2 AUTOMATIC DISHWASHING DETERGENTS
                       11.3.2.1 Enzyme usage increasing the user-friendliness of automatic dishwashing detergents by lowering the alkalinity
             11.3.3 OTHER DETERGENTS
                       TABLE 50 INDUSTRIAL ENZYMES MARKET SIZE IN DETERGENTS, BY REGION, 2019–2026 (USD MILLION)
     11.4 FEED
             11.4.1 RUMINANT FEED
                       11.4.1.1 Inclusion of enzymes in the feed improving the feed efficiency ratio for beef cattle
             11.4.2 SWINE FEED
                       11.4.2.1 Sow feed enzymes aiming at ensuring the health of piglets
             11.4.3 POULTRY FEED
                       11.4.3.1 Enzymes in feed improving the digestibility of nutrients by improving the gut performance of poultry
             11.4.4 AQUAFEED
                       11.4.4.1 Enzymes in fish feed offering environmental benefits and enabling the use of low-cost feedstuffs
             11.4.5 OTHER FEED
                       TABLE 51 INDUSTRIAL ENZYMES MARKET SIZE IN FEED, BY REGION, 2019–2026 (USD MILLION)
     11.5 BIOETHANOL
               TABLE 52 INDUSTRIAL ENZYMES MARKET SIZE IN BIOETHANOL, BY REGION, 2019–2026 (USD MILLION)
     11.6 SOIL TREATMENT
               TABLE 53 INDUSTRIAL ENZYMES MARKET SIZE IN SOIL TREATMENT, BY REGION, 2019–2026 (USD MILLION)
     11.7 PAPER & PULP
               TABLE 54 INDUSTRIAL ENZYMES MARKET SIZE IN PAPER & PULP, BY REGION, 2019–2026 (USD MILLION)
     11.8 TEXTILES & LEATHER
               TABLE 55 INDUSTRIAL ENZYMES MARKET SIZE IN TEXTILES & LEATHER, BY REGION, 2019–2026 (USD MILLION)
     11.9 WASTEWATER TREATMENT
               TABLE 56 INDUSTRIAL ENZYMES MARKET SIZE IN WASTEWATER TREATMENT, BY REGION, 2019–2026 (USD MILLION)
     11.10 OIL TREATMENT
               TABLE 57 INDUSTRIAL ENZYMES MARKET SIZE IN OIL TREATMENT, BY REGION, 2019–2026 (USD MILLION)
     11.11 OTHER APPLICATIONS
                       TABLE 58 INDUSTRIAL ENZYMES MARKET SIZE IN OTHER APPLICATIONS, BY REGION, 2019–2026 (USD MILLION)

12 INDUSTRIAL ENZYMES MARKET, BY REGION (Page No. - 116)
     12.1 INTRODUCTION
               FIGURE 26 INDUSTRIAL ENZYMES MARKET GROWTH, BY KEY COUNTRY, 2021–2026
               TABLE 59 INDUSTRIAL ENZYMES MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)
     12.2 NORTH AMERICA
               FIGURE 27 NORTH AMERICA: INDUSTRIAL ENZYMES MARKET SNAPSHOT
               TABLE 60 NORTH AMERICA: INDUSTRIAL ENZYMES MARKET SIZE, BY COUNTRY, 2019–2026 (USD MILLION)
               TABLE 61 NORTH AMERICA: INDUSTRIAL ENZYMES MARKET SIZE, BY TYPE, 2019–2026 (USD MILLION)
               TABLE 62 NORTH AMERICA: INDUSTRIAL ENZYMES MARKET SIZE, BY TYPE, 2019–2026 (TONS)
               TABLE 63 NORTH AMERICA: INDUSTRIAL ENZYMES MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
               TABLE 64 NORTH AMERICA: INDUSTRIAL ENZYMES MARKET SIZE, BY SOURCE, 2019–2026 (USD MILLION)
             12.2.1 US
                       12.2.1.1 Awareness among customers about the health benefits of food enzymes
                                   TABLE 65 US: INDUSTRIAL ENZYMES MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
             12.2.2 CANADA
                       12.2.2.1 Enzymes as biocatalysts replacing chemical catalysts in synthetic processes
                                   TABLE 66 CANADA: INDUSTRIAL ENZYMES MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
             12.2.3 MEXICO
                       12.2.3.1 Government campaigns to blend ethanol with petrol
                                   TABLE 67 MEXICO: INDUSTRIAL ENZYMES MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
     12.3 EUROPE
               FIGURE 28 EUROPE: INDUSTRIAL ENZYMES MARKET SNAPSHOT
               TABLE 68 EUROPE: INDUSTRIAL ENZYMES MARKET SIZE, BY COUNTRY/REGION, 2019–2026 (USD MILLION)
               TABLE 69 EUROPE: INDUSTRIAL ENZYMES MARKET SIZE, BY TYPE, 2019–2026 (USD MILLION)
               TABLE 70 EUROPE: INDUSTRIAL ENZYMES MARKET SIZE, BY TYPE, 2019–2026 (TONS)
               TABLE 71 EUROPE: INDUSTRIAL ENZYMES MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
               TABLE 72 EUROPE: INDUSTRIAL ENZYMES MARKET SIZE, BY SOURCE, 2019–2026 (USD MILLION)
             12.3.1 ITALY
                       12.3.1.1 Multifunctionality of enzymes in various applications fueling demand
                                   TABLE 73 ITALY: INDUSTRIAL ENZYMES MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
             12.3.2 GERMANY
                       12.3.2.1 Rising bioethanol consumption for transportation driving the demand for enzymes
                                   FIGURE 29 RENEWABLE SOURCES OF ENERGY FOR THE TRANSPORT SECTOR IN GERMANY, 2017
                                   TABLE 74 GERMANY: INDUSTRIAL ENZYMES MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
             12.3.3 FRANCE
                       12.3.3.1 Investments by the government in technological advancements of bioethanol production
                                   TABLE 75 FRANCE: INDUSTRIAL ENZYMES MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
             12.3.4 SPAIN
                       12.3.4.1 Rise in demand for meat and meat products
                                   TABLE 76 SPAIN: INDUSTRIAL ENZYMES MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
             12.3.5 UK
                       12.3.5.1 Government funds to support biofuel production
                                   TABLE 77 UK: INDUSTRIAL ENZYMES MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
             12.3.6 REST OF EUROPE
                       TABLE 78 REST OF EUROPE: INDUSTRIAL ENZYMES MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
     12.4 ASIA PACIFIC
               FIGURE 30 ASIA PACIFIC: INDUSTRIAL ENZYMES MARKET SNAPSHOT
               TABLE 79 ASIA PACIFIC: INDUSTRIAL ENZYMES MARKET SIZE, BY COUNTRY/REGION, 2019–2026 (USD MILLION)
               TABLE 80 ASIA PACIFIC: INDUSTRIAL ENZYMES MARKET SIZE, BY TYPE, 2019–2026 (USD MILLION)
               TABLE 81 ASIA PACIFIC: INDUSTRIAL ENZYMES MARKET SIZE, BY TYPE, 2019–2026 (TONS)
               TABLE 82 ASIA PACIFIC: INDUSTRIAL ENZYMES MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
               TABLE 83 ASIA PACIFIC: INDUSTRIAL ENZYMES MARKET SIZE, BY SOURCE, 2019–2026 (USD MILLION)
             12.4.1 CHINA
                       12.4.1.1 Shift of manufacturing operations from Europe and North America to China
                                   TABLE 84 CHINA: INDUSTRIAL ENZYMES MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
             12.4.2 INDIA
                       12.4.2.1 Rising demand for feed enzymes due to the rising industrialization in the animal husbandry sector
                                   TABLE 85 INDIA: INDUSTRIAL ENZYMES MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
             12.4.3 JAPAN
                       12.4.3.1 Expanding apparel & home textile chemical businesses and rise in meat consumption
                                   TABLE 86 JAPAN: INDUSTRIAL ENZYMES MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
             12.4.4 AUSTRALIA & NEW ZEALAND
                       12.4.4.1 Government initiatives and policies introducing ethanol biofuel mandates
                                   TABLE 87 AUSTRALIA & NEW ZEALAND: INDUSTRIAL ENZYMES MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
             12.4.5 SINGAPORE
                       12.4.5.1 Supermarkets and convenience stores
                                   TABLE 88 SINGAPORE: INDUSTRIAL ENZYMES MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
             12.4.6 MALAYSIA
                       12.4.6.1 Use of food enzymes to enhance the quality of eating
                                   TABLE 89 MALAYSIA: INDUSTRIAL ENZYMES MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
             12.4.7 VIETNAM
                       12.4.7.1 Fermented food consumption to enhance the use of microbial food enzymes
                                   TABLE 90 VIETNAM: INDUSTRIAL ENZYMES MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
             12.4.8 PHILIPPINES
                       12.4.8.1 Food industry to attract huge foreign investments
                                   TABLE 91 PHILIPPINES: INDUSTRIAL ENZYMES MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
             12.4.9 SOUTH KOREA
                       12.4.9.1 Huge influence of Western-based diets
                                   TABLE 92 SOUTH KOREA: INDUSTRIAL ENZYMES MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
               12.4.10 REST OF ASIA PACIFIC
                                   TABLE 93 REST OF ASIA PACIFIC: INDUSTRIAL ENZYMES MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
     12.5 SOUTH AMERICA
               FIGURE 31 SOUTH AMERICA: INDUSTRIAL ENZYMES MARKET SNAPSHOT
               TABLE 94 SOUTH AMERICA: INDUSTRIAL ENZYMES MARKET SIZE, BY COUNTRY/REGION, 2019–2026 (USD MILLION)
               TABLE 95 SOUTH AMERICA: INDUSTRIAL ENZYMES MARKET SIZE, BY TYPE, 2019–2026 (USD MILLION)
               TABLE 96 SOUTH AMERICA: INDUSTRIAL ENZYMES MARKET SIZE, BY TYPE, 2019–2026 (TONS)
               TABLE 97 SOUTH AMERICA: INDUSTRIAL ENZYMES MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
               TABLE 98 SOUTH AMERICA: INDUSTRIAL ENZYMES MARKET SIZE, BY SOURCE, 2019–2026 (USD MILLION)
             12.5.1 BRAZIL
                       12.5.1.1 Opportunities in the food sector to encourage the production of novel enzymes
                                   TABLE 99 BRAZIL: INDUSTRIAL ENZYMES MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
             12.5.2 ARGENTINA
                       12.5.2.1 Strong government policies driving the market growth for food enzymes
                                   TABLE 100 ARGENTINA: INDUSTRIAL ENZYMES MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
             12.5.3 REST OF SOUTH AMERICA
                       12.5.3.1 Functional benefits of food enzymes to encourage market growth
                                   TABLE 101 REST OF SOUTH AMERICA: INDUSTRIAL ENZYMES MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
     12.6 REST OF THE WORLD
               FIGURE 32 REST OF THE WORLD: INDUSTRIAL ENZYMES MARKET SNAPSHOT
               TABLE 102 REST OF THE WORLD: INDUSTRIAL ENZYMES MARKET SIZE, BY COUNTRY/REGION, 2019–2026 (USD MILLION)
               TABLE 103 REST OF THE WORLD: INDUSTRIAL ENZYMES MARKET SIZE, BY TYPE, 2019–2026 (USD MILLION)
               TABLE 104 REST OF THE WORLD: INDUSTRIAL ENZYMES MARKET SIZE, BY TYPE, 2019–2026 (TONS)
               TABLE 105 REST OF THE WORLD: INDUSTRIAL ENZYMES MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
               TABLE 106 REST OF THE WORLD: INDUSTRIAL ENZYMES MARKET SIZE, BY SOURCE, 2019–2026 (USD MILLION)
             12.6.1 AFRICA
                       12.6.1.1 Growth in the potential of the African paper & pulp industry
                                   TABLE 107 AFRICA: INDUSTRIAL ENZYMES MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
             12.6.2 MIDDLE EAST
                       12.6.2.1 Growing demand for food enzymes due to investments
                                   TABLE 108 MIDDLE EAST: INDUSTRIAL ENZYMES MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)

13 COMPETITIVE LANDSCAPE (Page No. - 158)
     13.1 OVERVIEW
     13.2 MARKET SHARE ANALYSIS, 2020
               TABLE 109 INDUSTRIAL ENZYMES MARKET: DEGREE OF COMPETITION
     13.3 KEY PLAYER STRATEGIES
     13.4 REVENUE ANALYSIS OF KEY PLAYERS, 2018-2020
               FIGURE 33 REVENUE ANALYSIS OF KEY PLAYERS IN THE MARKET, 2018–2020 (USD BILLION)
     13.5 COMPANY EVALUATION QUADRANT (KEY PLAYERS)
             13.5.1 STAR
             13.5.2 PERVASIVE
             13.5.3 EMERGING LEADERS
             13.5.4 PARTICIPANTS
                       FIGURE 34 INDUSTRIAL ENZYMES MARKET, COMPANY EVALUATION QUADRANT, 2020 (OVERALL MARKET)
             13.5.5 PRODUCT FOOTPRINT
                       TABLE 110 INDUSTRIAL ENZYMES: COMPANY PRODUCT TYPE FOOTPRINT
                       TABLE 111 INDUSTRIAL ENZYMES: COMPANY FORMULATION FOOTPRINT
                       TABLE 112 INDUSTRIAL ENZYMES: COMPANY SOURCE FOOTPRINT
                       TABLE 113 INDUSTRIAL ENZYMES: COMPANY REGION FOOTPRINT
                       TABLE 114 INDUSTRIAL ENZYMES: OVERALL COMPANY FOOTPRINT
     13.6 INDUSTRIAL ENZYMES MARKET, STARTUP/SME EVALUATION QUADRANT, 2020
             13.6.1 PROGRESSIVE COMPANIES
             13.6.2 STARTING BLOCKS
             13.6.3 RESPONSIVE COMPANIES
             13.6.4 DYNAMIC COMPANIES
                       FIGURE 35 INDUSTRIAL ENZYMES MARKET: COMPANY EVALUATION QUADRANT, 2020 (STARTUP/SME)
     13.7 NEW PRODUCT LAUNCHES AND DEALS
             13.7.1 NEW PRODUCT LAUNCHES
                       TABLE 115 INDUSTRIAL ENZYMES MARKET: PRODUCT LAUNCHES, JUNE 2018–APRIL 2021
             13.7.2 DEALS
                       TABLE 116 INDUSTRIAL ENZYMES MARKET: DEALS, JUNE 2019- FEBRUARY 2021

14 COMPANY PROFILES (Page No. - 172)
     14.1 KEY PLAYERS
(Business overview, Products offered, Recent Developments, MNM view)*
             14.1.1 BASF
                       TABLE 117 BASF: BUSINESS OVERVIEW
                       FIGURE 36 BASF: COMPANY SNAPSHOT
                       TABLE 118 BASF: PRODUCTS OFFERED
                       TABLE 119 INDUSTRIAL ENZYMES MARKET: PRODUCT LAUNCHES, OCTOBER 2020-DECEMBER 2021
                       TABLE 120 INDUSTRIAL ENZYMES MARKET: DEALS, APRIL 2021-OCTOBER 2021
             14.1.2 NOVOZYMES
                       TABLE 121 NOVOZYMES: BUSINESS OVERVIEW
                       FIGURE 37 NOVOZYMES: COMPANY SNAPSHOT
                       TABLE 122 NOVOZYMES: PRODUCTS OFFERED
                       TABLE 123 INDUSTRIAL ENZYMES MARKET: PRODUCT LAUNCHES, MARCH 2020–MAY 2019
                       TABLE 124 INDUSTRIAL ENZYMES MARKET: DEALS, JUNE 2019–NOVEMBER 2020
             14.1.3 DUPONT
                       TABLE 125 DUPONT: BUSINESS OVERVIEW
                       FIGURE 38 DUPONT: COMPANY SNAPSHOT
                       TABLE 126 DUPONT: PRODUCTS OFFERED
                       TABLE 127 INDUSTRIAL ENZYMES MARKET: PRODUCT LAUNCHES, MAY 2020-APRIL 2021
                       TABLE 128 INDUSTRIAL ENZYMES MARKET: DEALS, NOVEMBER 2020-FEBRUARY 2021
             14.1.4 DSM
                       TABLE 129 DSM: BUSINESS OVERVIEW
                       FIGURE 39 DSM: COMPANY SNAPSHOT
                       TABLE 130 DSM: PRODUCTS OFFERED
                       TABLE 131 INDUSTRIAL ENZYMES MARKET: PRODUCT LAUNCHES, JUNE 2018-NOVEMBER 2019
                       TABLE 132 INDUSTRIAL ENZYMES MARKET: OTHERS, OCTOBER 2018
             14.1.5 ASSOCIATED BRITISH FOODS PLC (ABF)
                       TABLE 133 ASSOCIATED BRITISH FOODS PLC (ABF): BUSINESS OVERVIEW
                       FIGURE 40 ASSOCIATED BRITISH FOODS PLC (ABF): COMPANY SNAPSHOT
                       TABLE 134 ASSOCIATED BRITISH FOODS PLC: PRODUCTS OFFERED
             14.1.6 KERRY
                       TABLE 135 KERRY: BUSINESS OVERVIEW
                       FIGURE 41 KERRY: COMPANY SNAPSHOT
                       TABLE 136 KERRY: PRODUCTS OFFERED
                       TABLE 137 INDUSTRIAL ENZYMES MARKET: PRODUCT LAUNCHES, JANUARY 2019
                       TABLE 138 INDUSTRIAL ENZYMES MARKET: OTHERS, MARCH 2018
             14.1.7 ADVANCED ENZYME TECHNOLOGIES
                       TABLE 139 ADVANCED ENZYME TECHNOLOGIES: BUSINESS OVERVIEW
                       FIGURE 42 ADVANCED ENZYME TECHNOLOGIES: COMPANY SNAPSHOT
                       TABLE 140 ADVANCED ENZYME TECHNOLOGIES: PRODUCTS OFFERED
                       TABLE 141 INDUSTRIAL ENZYMES MARKET: DEALS, AUGUST 2017
             14.1.8 CHR. HANSEN
                       TABLE 142 CHR. HANSEN: BUSINESS OVERVIEW
                       FIGURE 43 CHR. HANSEN: COMPANY SNAPSHOT
                       TABLE 143 CHR. HANSEN: PRODUCTS OFFERED
                       TABLE 144 INDUSTRIAL ENZYMES MARKET: PRODUCT LAUNCHES, MAY 2019-NOVEMBER 2020
             14.1.9 AMANO ENZYME INC.
                       TABLE 145 AMANO ENZYME INC.: BUSINESS OVERVIEW
                       TABLE 146 AMANO ENZYME INC.: PRODUCTS OFFERED
               14.1.10 AUMGENE BIOSCIENCES
                                   TABLE 147 AUMGENE BIOSCIENCES: BUSINESS OVERVIEW
                                   TABLE 148 AUMGENE BIOSCIENCES: PRODUCTS OFFERED
*Details on Business overview, Products offered, Recent Developments, MNM view might not be captured in case of unlisted companies.
     14.2 OTHER PLAYERS
             14.2.1 MEGAZYME
             14.2.2 ENZYME SUPPLIES
             14.2.3 CREATIVE ENZYMES
             14.2.4 ENZYME SOLUTIONS
             14.2.5 ENZYMATIC DEINKING TECHNOLOGIES
             14.2.6 BIOCATALYSTS
             14.2.7 SUNSON INDUSTRY GROUP
             14.2.8 METAGEN
             14.2.9 DENYKEM
             14.2.10 TEX BIOSCIENCES

15 ADJACENT & RELATED MARKETS (Page No. - 217)
     15.1 INTRODUCTION
     15.2 LIMITATIONS
     15.3 TECHNICAL ENZYMES MARKET
             15.3.1 MARKET DEFINITION
             15.3.2 MARKET OVERVIEW
             15.3.3 TECHNICAL ENZYMES MARKET, BY TYPE
                       TABLE 149 TECHNICAL ENZYMES MARKET SIZE, BY TYPE, 2017–2026 (USD MILLION)
                       TABLE 150 TECHNICAL ENZYMES MARKET SIZE, BY TYPE, 2017–2026 (TON)
             15.3.4 TECHNICAL ENZYMES MARKET, BY REGION
                       TABLE 151 TECHNICAL ENZYMES MARKET SIZE, BY REGION, 2017–2026 (USD MILLION)
     15.4 FOOD ENZYMES MARKET
             15.4.1 LIMITATIONS
             15.4.2 MARKET DEFINITION
             15.4.3 MARKET OVERVIEW
             15.4.4 FOOD ENZYMES MARKET, BY APPLICATION
                       TABLE 152 FOOD ENZYMES MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
                       TABLE 153 FOOD ENZYMES MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
                       TABLE 154 FOOD ENZYMES MARKET SIZE, BY TYPE, 2016–2020 (TONS)
                       TABLE 155 FOOD ENZYMES MARKET SIZE, BY TYPE, 2021–2026 (TONS)
             15.4.5 FOOD ENZYMES MARKET, BY REGION
                       15.4.5.1 Introduction
                                   TABLE 156 FOOD ENZYMES MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                                   TABLE 157 FOOD ENZYMES MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
     15.5 FEED ENZYMES MARKET
             15.5.1 LIMITATIONS
             15.5.2 MARKET DEFINITION
             15.5.3 MARKET OVERVIEW
             15.5.4 FEED ENZYMES MARKET, BY FUNCTION
             15.5.5 FEED ENZYMES MARKET, BY REGION
                       15.5.5.1 Introduction
                                   TABLE 158 FEED ENZYMES MARKET SIZE, BY REGION, 2016–2019 (USD MILLION)
                                   TABLE 159 FEED ENZYMES MARKET SIZE, BY REGION, 2020–2025 (USD MILLION)

16 APPENDIX (Page No. - 227)
     16.1 DISCUSSION GUIDE
     16.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
     16.3 AVAILABLE CUSTOMIZATIONS
     16.4 RELATED REPORTS
     16.5 AUTHOR DETAILS

The study involved four major activities in estimating the market size for industrial enzymes market. Exhaustive secondary research was conducted to collect information on the market, peer market, and parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both the top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation were used to estimate the market size of segments and subsegments.

Secondary Research

In the secondary research process, various sources such as annual reports, press releases & investor presentations of companies, white papers, food journals, certified publications, articles from recognized authors, gold & silver standard websites, directories, and databases, were referred to identify and collect information.

Secondary research was mainly used to obtain key information about the industry’s supply chain, the total pool of key players, and market classification and segmentation as per the industry trends to the bottom-most level, regional markets, and key developments from both market- and technology oriented perspectives

Primary Research

In the primary research process, various sources from the supply and demand sides were interviewed to obtain qualitative and quantitative information. The primary sources from the supply side included industry experts such as CEOs, vice presidents, marketing directors, technology and innovation directors, and related key executives from various key companies and organizations operating in the industrial enzymes market.

Industrial Enzymes Market  Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both the top-down and bottom-up approaches were used to estimate and validate the total size of the industrial enzymes market. These methods were also used extensively to estimate the size of the various subsegments in the market. The research methodology used to estimate the market size includes the following:

  • The key players in the industry and market have been identified through extensive secondary research.
  • The revenues of major industrial enzymes manufacturers were determined through primary and secondary research, such as paid databases, which were used as the basis for market estimation.
  • All macroeconomic and microeconomic factors affecting the growth of the industrial enzymes market were considered while estimating the market size.
  • All possible parameters that affect the market covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain final quantitative and qualitative data.

Data Triangulation

After arriving at the overall market size from the estimation process explained above, the total market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments, the data triangulation and market breakdown procedures were employed wherever applicable. The data was triangulated by studying various factors and trends from the demand and supply sides. Along with this, the market size was validated using the top-down and bottom-up approaches.

Report Objectives

  • To define, segment, and project the global market for industrial enzymes on the basis of formulation, source, type, application, and region
  • To provide detailed information regarding the key factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
  • To strategically analyze the micromarkets with respect to individual growth trends, future prospects, and their contribution to the total market
  • To analyze the opportunities in the market for stakeholders and provide a competitive landscape of the market leaders
  • To project the size of the market and its submarkets, in terms of value and volume, with respect to the regions (along with the key countries)
  • To strategically profile the key players and comprehensively analyze their market position and core competencies
  • To analyze the competitive developments such as joint ventures, mergers & acquisitions, new product developments, and research & developments in the industrial enzymes market

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to company-specific scientific needs.

The following customization options are available for the report:

Product Analysis

  • Product Matrix, which gives a detailed comparison of the product portfolio of each company

Geographic Analysis

With the given market data, MarketsandMarkets offers customizations according to the company-specific scientific needs.

  • Further breakdown of the Rest of Europe market for industrial enzymes into the Greece
  • Further breakdown of the Rest of South America market for industrial enzymes into Chile, Peru, and Ecuador
  • Further breakdown of other countries in the RoW market for industrial enzymes into Egypt, Israel, and Turkey

Company Information

  • Detailed analyses and profiling of additional market players (up to five)
Report Code
FB 2277
Published ON
Jan, 2022
Choose License Type
BUY NOW
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Industrial Enzymes Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
CUSTOMIZED WORKSHOP REQUEST
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2022 MarketsandMarkets Research Private Ltd. All rights reserved