Global Industrial Enzymes Market is Projected to Reach US$8.536 billion by 2022

Market Research Report on Industrial Enzymes Market

RAIPUR, INDIA, November 22, 2017 /EINPresswire.com/ --

Report Sellers has added a new market research report “Industrial Enzymes Market- Forecasts from 2017 to 2022” to its offerings. The report is an in-depth market study providing accurate market insights including the latest trends, forecast, competitive insights, etc.

According to the report, Industrial Enzymes market is projected to witness a CAGR of 6.92% to reach US$8.536 billion by 2022, increasing from US$6.107 billion in 2017.

Booming processed food and beverage industry is augmenting the demand for industrial enzymes to enhance the products texture, taste, and flavor. Rising demand for cosmetics and personal care products due to growing global aging population and awareness are contributing to the global industrial enzymes market growth.

Growing consciousness concerning good health and fitness is leading to the high demand for nutraceuticals which will bolster the growth of digestive and nutritional enzymes, thereby positively impacting the industrial enzymes market growth over the next five years. Furthermore, the demand for enzymes will intensify during the forecast period owing to increasing application in animal feed products to boost digestibility and nutritional value of the feed.

Competitive Insights: Prominent key market players in Industrial Enzymes market include Novozymes, DuPont, BASF, and DSM among others. The global industrial enzymes industry is competitive owing to the presence of a considerable number of global market players. To maintain their position and gain bigger market share, key players are engaged in growth strategies including high investment in R&D, new product launches, and strategic collaborations and partnerships. In October 2016, BASF launched Lavergy, a new enzyme product line, for detergents and cleaning industry.

Browse through the complete description and in-depth TOC on “Industrial Enzymes Market”
https://www.reportsellers.com/market-research-report/Industrial-Enzymes-Market---Forecasts-from-2017-to-2022

Report Scope

Industrial Enzymes market is segmented by product, source, end use industry, and geography:

By Product
Lipases
Nucleases
Carbohydrase
Polymerases
Others

By Source
Animal
Plant
Microorganism

By End Use Industries
Food and Beverage
Paper and Pulp
Cosmetics
Pharmaceuticals
Wastewater
Animal Feed
Others

By Geography
Americas
North America
U.S.
Canada
Mexico
Others
South America
Brazil
Argentina
Others
Europe Middle East and Africa
Europe
UK
Germany
France
Others
Middle East and Africa
Saudi Arabia
UAE
Others
Asia Pacific
Japan
China
India
Australia
Others

We have a large number of reports in Manufacturing & Construction industry which can be accessed in the following link: https://www.reportsellers.com/category/manufacturing-construction-market-research-report

About Report Sellers

Report Sellers is a premium market research service provider offering market reports in varied sectors. We have a team of experienced analysts and publishers who continuously track the latest trends in different industries.Report Sellers is a brand of global repute and offers the best suited research services to its clients globally in the most satisfying manner. We have a strong network of industry experts who have successfully delivered complex research assignments in niche and top markets.

Drop an enquiry for any research requirement: https://www.reportsellers.com/contact-us or send us an email: sales@reportsellers.com

Aditya Joshi
Report Sellers
+1-214-396-2385
email us here