Increasing application of India enzymes in animal feed industry and rising demand for bioethanol are some key factors driving market revenue growth
India enzymes Market Size – USD 5.91 Billion in 2020, Growth – at a CAGR of 6.4%, Trends – Rapid Indiaization in developing countries
The global India enzymes market size is expected to reach USD 9.77 Billion in 2028 and register a CAGR of 6.4% over the forecast period, according to the latest report by Reports and Data. Major factors driving market revenue growth are increasing focus on adoption of environmentally friendly solutions, higher application of enzymes in animal feed industry, rising demand for bioethanol, and increasing focus on research development activities.
India enzymes are specific types of enzymes that are commercially used in different end-use industries. Some major types of India enzymes that are being used are carbohydrases, lipases, proteases, polymerases and nucleases, and others. Carbohydrases is a set of enzymes used to break down carbohydrate and transform it into simple sugar. Amylases, pectinases, cellulases, pullulanases, lactases, and mannanases are some common types of carbohydrases. These enzymes are primarily used in food and beverages, textiles and leather, bioethanol, and detergents. Food and beverages segment accounted for the largest revenue share in global market in 2020. Increasing usage of India enzymes in dairy products, beverages, processed meat, nutraceuticals, bakery products, and other processed food items is anticipated to drive growth of this segment.
Get a sample of the report https://www.reportsanddata.com/sample-enquiry-form/1272
Top Companies: Advanced Enzymes, Amano Enzymes, Aumgene Biosciences, Biocatalysts, Enzyme Supplies, Creative Enzymes, Enzyme Solutions, Enzymatic Deinking Technologies, Sunson Industry Group, DuPont, and DSM.
Further Key Finding from the Report Suggestion:
- In July 2021, Danisco Animal Nutrition launched its phytase enzyme, Axtra PHY GOLD in Australia, Malaysia, and Thailand. This enzyme helps feed producers to enhance sustainability and reduce cost of production.
- In September 2021, Carbios announced completion of a new demonstration plant, which includes a depolymerization reactor capable of processing over 2 tons of PET per cycle, in Cataroux site in Clermont-Ferrand.
- Carbohydrases segment accounted for the largest revenue share in global market in 2020. Increasing use of carbohydrases in food, textiles, bioethanol, and other industries due to various advantages such as cost-effectiveness, ease in process optimization and modification, and low time and space consumption is anticipated to drive growth of this segment in the near future.
- India enzymes market in North America is expected to account for significantly steady revenue share over the forecast period. Technological advancements in key end-use industries such as food processing, pharmaceuticals, and others, as well as increasing focus of various companies on biotechnological research development activities would drive market revenue growth in this region.
Market Overview:
Consumers are placing a higher importance on sustainability and, as a result, are choosing items based on factors like circularity and carbon footprint. Furthermore, consumer concern about carbon emissions has prompted increased investment in renewable energy, energy efficiency, and transportation decarbonization. These developments have had considerable impact on chemical end sectors, particularly in the automobile and construction industries. COVID-19 has exacerbated the situation by lowering the automobile and construction industries (as well as many others) and disrupting current supply lines.
Download Summary: https://www.reportsanddata.com/download-summary-form/1272
The global India Enzymes market is segmented into:
Type Outlook (Revenue, USD Billion; 2018-2028)
- Carbohydrases
- Lipases
- Proteases
- Polymerases Nucleases
- Others
Source Outlook (Revenue, USD Billion; 2018-2028)
- Plant
- Microorganism
- Animal
Form Outlook (Revenue, USD Billion; 2018-2028)
- Liquid
- Dry
Application Outlook (Revenue, USD Billion; 2018-2028)
- Food Beverages
- Bioethanol
- Detergents
- Textiles Leather
- Paper Pulp
- Wastewater Treatment
- Feed
- Others
Regional Outlook:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Questions Addressed in the Report:
- What are the dominating factors that are influencing the growth of the industry?
- In the forecast period, which market segment is expected to rise the most?
- What are the risks and challenges that the industry is facing?
- In the coming years, which area is projected to dominate the market?
- Who are the major players in the market?
- What kind of strategic business plans have they made?
Request a customization of the report https://www.reportsanddata.com/request-customization-form/1272
Thank you for taking the time to read our article. The report can be tailored to the needs of the client. Please contact us for more details, and our team will tailor the report to your specific requirements.
Browse More Reports:
Ruthenium Market https://www.reportsanddata.com/report-detail/ruthenium-market
Molybdenum Disulfide Market https://www.reportsanddata.com/report-detail/molybdenum-disulfide-market
Methyl Methacrylate Market https://www.reportsanddata.com/report-detail/methyl-methacrylate-market
Vinyl Acetate Monomer Market https://www.reportsanddata.com/report-detail/vinyl-acetate-monomer-market
Non-Phthalate Plasticizers Market https://www.reportsanddata.com/report-detail/non-phthalate-plasticizers-market
About Us:
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
Contact Us:
John W
Head of Business Development
Reports And Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
LinkedIn | Twitter | Blogs | Insights
Read the innovative blog at https://www.reportsanddata.com/blogs
Check out our upcoming research report at https://www.reportsanddata.com/upcoming-reports
