Global Specialty Enzymes Market Growth 2024-2030
Enzymes, also called biocatalysts, are naturally occurring or synthetic proteins that accelerate or decelerate the rate of biochemical reactions, without undergoing change themselves. They have crucial applications in many industries, including food, feed, detergent, laundry, tanning, textiles, pharmaceuticals, cosmetics, and fine-chemicals. The global enzyme industry is segmented into industrial enzymes and specialty enzymes.
The global Specialty Enzymes market size is projected to grow from US$ 710.9 million in 2023 to US$ 1201.1 million in 2030; it is expected to grow at a CAGR of 7.8% from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Specialty Enzymes Industry Forecast” looks at past sales and reviews total world Specialty Enzymes sales in 2023, providing a comprehensive analysis by region and market sector of projected Specialty Enzymes sales for 2024 through 2030. With Specialty Enzymes sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Specialty Enzymes industry.
This Insight Report provides a comprehensive analysis of the global Specialty Enzymes landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Specialty Enzymes portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Specialty Enzymes market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Specialty Enzymes and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Specialty Enzymes.
During 2017, the pharmaceutical applications segment accounted for the major shares and dominated this market. Factors such its help in ease of digestion will contribute to the growth of this industry segment in the coming years.
This report presents a comprehensive overview, market shares, and growth opportunities of Specialty Enzymes market by product type, application, key manufacturers and key regions and countries.
Segmentation by type
Protease
Carbohydrases
Polymerases and Nucleases
Lipase
Others
Segmentation by application
Pharmaceutical Applications
Biotechnology and R&D Application
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Novozymes
Dupont
DSM
BASF
AB Enzymes
CHR.Hansen
Soufflet Group
Longda Bio-products
Biocatalysts
ORBA
Biovet
Key Questions Addressed in this Report
What is the 10-year outlook for the global Specialty Enzymes market?
What factors are driving Specialty Enzymes market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Specialty Enzymes market opportunities vary by end market size?
How does Specialty Enzymes break out type, application?
Please note: The report will take approximately 2 business days to prepare and deliver.