Global Specialty Enzymes Market To Cross US$ 5.0 Billion By 2021 - Erie News Now | WICU & WSEE in Erie, PA

Global Specialty Enzymes Market To Cross US$ 5.0 Billion By 2021


The global specialty enzymes market is expected to exceed more than US$ 5.0 billion by 2021. The increasing significance of healthcare and expenditure on maintaining good health is expected to increase the demand for specialty enzymes. The rising innovations and advancements in manufacturing of enzymes are driving the market. In addition, the growing awareness of nutritional values of these enzymes in supplements is expected to fuel the growth of the market. The growth of the market is also attributed to the increasing importance of specialty enzymes for treating cancer and cardiovascular diseases.

In this report, the global specialty enzymes market is segmented by type, source, application, and region. On the basis of type, the market is segmented into carbohydrases, protease, polymerases & nucleases, lipases, and others. The market on the basis of source is segmented into microorganisms, plants, and animals. The market by application is segmented into academic institutes, diagnostic laboratories, biotechnology, pharmaceutical, and others. By application, the market is segmented into pharmaceuticals, diagnostics, biocatalysts, and research & biotechnology.

The global specialty enzymes market is segmented on the basis of key regions, namely, North America, Europe, Asia Pacific, and Rest of the World. North America is a dominant market owing to high demand for specialty enzymes from the pharmaceutical and diagnostics industries. Europe accounted for the second-largest share of the global specialty enzymes market. The Asia Pacific market is projected to register the highest CAGR of 11% during the forecast period. Furthermore, each region is segmented to provide market revenue for select countries such as the U.S., Canada, the U.K., Germany, China, Japan, India, Russia, Brazil, and GCC countries. The report includes a detailed study of the global and regional specialty enzymes market and analyzes the variations in the growth of the industry in certain regions.

A glimpse of the report structure is provided in the report description available on the website.

BASF, Amano Enzyme Inc., Codexis Inc., Sanofi S.A., Roche Holding Ag., Advanced Enzyme Technology Ltd., Life Technologies, Nagase & Co. Ltd., BBI Enzymes Ltd., and Affymetrix Inc. are the most active players in the specialty enzymes market.

This report covers the specialty enzymes market, in terms of value, and forecasts the market size till 2020. In addition, the report identifies key growth segments and opportunities in the industry. This report also covers detailed competitive outlook including the share and company profiles of the key players in the global market. Company profile includes company summary, financial summary, business strategy and planning, SWOT analysis, and current developments.


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