The Report Industrial Enzymes Market by Types ( Carbohydrases, Amylases, Cellulases, Proteases, Lipases) by Application, ( Food & Beverages , Cleaning agents, Animal feed, Detergents, Waste water treatment, others) And by Source (Microorganisms, Plants, Yeast, Animals,Fungal ) Business Developing Strategies, Growth Key Factors 2023-2029

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The Industrial Enzymes Market is poised for substantial growth, with a projected valuation of USD 10.96 billion by 2029, showcasing a robust Compound Annual Growth Rate (CAGR) of 6.4% during the forecast period from 2023 to 2029.


Industrial Enzymes Market Insights on Segmentation

By Product Type

Carbohydrases: Carbohydrase enzymes, accounting for over 47.0% of global revenue in 2022, are employed across medicines, animal feed, and food and beverages. These enzymes convert carbohydrates into sugars like fructose and glucose, used in pharmaceuticals and consumables.

Proteases: Protease demand is driven by increasing protein intake and expanding end-use industries like pharmaceuticals, detergents, and chemicals.

By Source

Microorganisms: Accounting for over 60% of revenue in 2022, enzymes from microorganisms include bacterial, fungal, and yeast enzymes. They find applications in textiles, detergents, pharmaceuticals, and food and beverages.
By Application

Food and Beverage: This segment led the market in 2022, accounting for over 22.0% of global revenue. Industrial enzymes play a crucial role in producing healthy and flavorful food and beverage products.
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North America region is positioned as a frontrunner in the Industrial Enzymes Market

With over 38% of total revenue, North America dominates the market, particularly the United States. The country's industrial enzymes market is driven by industries like biofuels and beverages, with the food and beverage sector being a significant contributor.

Industrial Enzymes Market Key Players:

• Chr. Hansen, • Novozymes A/S, • Codexis Inc., • Novus International Inc., • Associated British Foods (ABF) plc. • AB Enzymes GmbH, • E.I.du Pont de Nemours and Company, • Advanced Enzyme Technologies Ltd., • Koninklijke DSM N.V. • Amano Enzyme Inc., • BASF SE, • DSM, • DowDuPontInc, • Roche • Amano Enzymes Inc. • Adisseo • Codexis, Inc. • F. Hoffmann-La Roche Ltd. • Thermo Fisher Scientific Inc. (Affymetrix, Inc.) • Amicogen Inc. • AUM Enzymes • Biocatalysts Ltd. • Inofea AG • Direvo industrial Biotechnology GMBH • Dyadic International • Enginzyme AB • Enzymicals AG • Genofocus, Inc. • Maps Enzymes ltd. • Speciality Enzymes and Biotechnologies company

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