Industrial Enzymes Market Projected to Reach $5,987.5 Million by 2018 - Report by MarketsandMarkets

(PRWEB) November 07, 2014 -- The report “Industrial Enzymes Market by Types (Carbohydrase, Protease, Lipase), Applications (Food & Beverages, Cleaning Agents, Bio-Fuel, Animal Feed), & Geography - Global Trends & Forecasts to 2018”, defines and segments the global industrial enzymes market with analysis and forecasting of the global value for industrial enzymes.

The industrial enzymes available are Carbohydrases, Proteases, Lipases, Polymerases, etc., which are further sub categorized into a large number of enzymes extensively used in various industries. Carbohydrases form the major class of enzymes that catalyzes the breakdown of carbohydrates into simple sugar.

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Browse more than 81 market data tables with 19 figures spread through 188 pages and in-depth TOC on "Industrial Enzymes Market - Global Trends & Forecasts to 2018".
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North America and Europe were the leading industrial enzymes market in 2012. North America was the largest market in 2012. Carbohydrase accounted major market share in North America in 2012 and is anticipated to be the fastest growing product type. Asia-Pacific is growing at the fastest CAGR for the forecasted period.

Carbohydrases form the major class of enzymes that catalyzes the breakdown of carbohydrates into simple sugar. They also account for the largest market share in the food and beverage, detergent, and textile industry. Other sub-types of types of carbohydrases include amylase, cellulose, lactase, and pectinase. The market was led by carbohydrases in 2012 and also holds the major share of about 41% of the global market. The market for other enzymes is anticipated to grow at higher CAGR.

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Carbohydrases and proteases were the leading product types for industrial enzymes market in 2012. Carbohydrases are the largest product type accounting major market share. Carbohydrases are the biggest market driver for the industrial enzymes industry due to their extensive requirement in food processing, brewing, baking, and biofuel manufacturing. The leading players in the industrial enzymes market are Novozymes (Denmark), DuPont (U.S.), Royal DSM (The Netherlands), and ABF Plc. (U.K.), among others.

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