NEW YORK, Nov. 23, 2021 /PRNewswire/ -- The enzymes market is set to grow by USD 2.74 billion from 2021 to 2026, at a CAGR of 5.36% according to the latest research report from Technavio. 32% of the market's growth will originate from North America. The US and Canada are the key markets for enzymes in the region. The increasing prevalence of chronic ailments will facilitate the enzymes market growth in North America over the forecast period.
For more insights on Enzymes Market - Download a FREE Sample Report!
The enzymes market covers the following areas:
The enzymes market report covers insights on major trends, key growth drivers, and challenges impacting the overall growth of the market. The market is driven by wide applications of enzymes across industries. However, the factors such as lack of standard regulatory scenario coupled with the high prices of raw materials and products may impede the market growth.
The Enzymes Market is segmented by Application (FB, Household, Bioenergy, Feed, and Others) and Geography (North America, Europe, APAC, South America, and MEA). The enzymes market share growth by the FB segment has been significant for revenue generation. This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.
Companies Mentioned
The enzymes market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. The report analyzes the market's competitive landscape and offers information on several market vendors, including:
- Advanced Enzyme Technologies Ltd.
- Amano Enzyme Inc.
- Associated British Foods Plc
- BASF SE
- Codexis Inc.
- DuPont de Nemours Inc.
- F. Hoffmann-La Roche Ltd.
- Koninklijke DSM NV
- Lonza Group Ltd.
- Novo Holdings AS
Related Reports:
Industrial Enzymes Market -The industrial enzymes market has the potential to grow by USD 1.94 billion during 2021-2025, and the market's growth momentum will accelerate at a CAGR of 5.81%. Download a free sample now!
Green and Bio-Solvents Market -The green and bio-solvents market has the potential to grow by USD 3.17 billion during 2021-2025, and the market's growth momentum will accelerate at a CAGR of 4.63%. Download a free sample now!
Subscribe to our "Lite Plan" billed annually at USD 3000 to join a community, who are eligible to view 3 reports monthly and download 3 reports annually.
Enzymes Market Scope | |
Report Coverage | Details |
Page number | 120 |
Base year | 2021 |
Forecast period | 2022-2026 |
Growth momentum & CAGR | Accelerate at a CAGR of 5.36% |
Market growth 2022-2026 | USD 2.74 billion |
Market structure | Fragmented |
YoY growth (%) | 4.85 |
Regional analysis | North America, Europe, APAC, South America, and MEA |
Performing market contribution | North America at 32% |
Key consumer countries | US, China, Germany, Canada, and Brazil |
Competitive landscape | Leading companies, competitive strategies, consumer engagement scope |
Companies profiled | Advanced Enzyme Technologies Ltd., Amano Enzyme Inc., Associated British Foods Plc, BASF SE, Codexis Inc., DuPont de Nemours Inc., F. Hoffmann-La Roche Ltd., Koninklijke DSM NV, Lonza Group Ltd., and Novo Holdings AS |
Market Dynamics | Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period |
Customization preview | If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
SOURCE Technavio
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
