Lucintel's latest market report analyzed that enzyme provides attractive opportunities in the cosmetic, laundry detergents, and personal care industry. The enzyme market is expected to grow at a CAGR of 5%-6%. In this market, carbohydrase is the largest segment by product type. The introduction of cold adaptive enzymes that show high catalytic activity provides strategic growth path in this market.
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Based on product type, the enzyme market is segmented into carbohydrase, proteases, lipases, and other. The carbohydrase segment accounted for the largest share of the market in 2020 due to the fact that carbohydrase is the most prominent type of enzyme used in personal care industries.
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The enzyme market is marked by the presence of several big and small players. Some of the prominent players offering enzyme include BASF, Codexis Inc., Amano Enzyme Inc., DSM, Dupont, AB Enzymes, Dyadic International Inc., Advanced Enzyme Technology Ltd., Affymetrix Inc., Bbi Enzymes Ltd, Nagase and Co. Ltd., Life Technologies, Roche Holding Ag., Sanofi S.A., and others.
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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link
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Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
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