Biocatalysis and Biocatalysts Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2024 to 2031)
The global biocatalysis and biocatalysts market is anticipated to grow at a CAGR of 6.9% during the forecast period (2024-2031). Biocatalysts are widely used in the food and beverage industry for several years as food enzymes for instance in dairy products, bakeries, and beverages. Biocatalysts may be of different types and are used in various applications. Proteases and amylases are widely used to remove food-related stains. These enzymes have applications in both the food & beverage and laundry detergent industry. Enzymes such as lipases and peroxidase are used in the personal care industry as they have anti-microbial applications.
The rising spending capacity of
people and increasing awareness about sustainability is fueling the demand for
the biocatalysis and biocatalysts market. The high level of selectivity, high
catalytic efficiency, and ability to operate in mild reaction conditions is the
nature of biocatalysis enzymes and this is driving the biocatalysis market in
developed as well as developing regions. The increasing demand for ethanol is
fueling the demand for biocatalysts to produce biofuels. According to the U.S.
Department of Agriculture, The United States consumed nearly 14 billion gallons
of ethanol in 2021. According to biofuel UK, the US, Brazil, and China are the
major producers of biofuels followed by Argentina and India. The use of enzymes
in the laundry detergent industry especially in liquid detergents is growing in
countries such as China and India. The increasing health-conscious population
of developing countries in the Asia-Pacific region is demanding healthy drinks
and processed canned foods. This is driving the biocatalysts market in
developing regions. Growing biofuel production in developing regions along with
the advancement in biocatalysis technology is offering ample opportunity for
the steady growth of the biocatalysis and biocatalysts market.
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The market number available for – 2023-2031
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Base year- 2023
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Forecast period- 2024-2031
Segment Covered
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·
By Type
·
By Application
Regions Covered-
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North America
·
Europe
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Asia-Pacific
·
Rest of the World
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Competitive Landscape – Unilever PLC, EnginZyme
AB, Arzeda Corporation, Ingenza, Zymtronix Catalytic Systems Inc, Debut
Biotechnology, Inc., and others.
Biocatalysis and Biocatalysts Market Report Segment
By Type
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Hydrolases
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Oxidoreductases
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Transferases
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Others
By Application
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Food & Beverages
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Cleaning Agents
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Biofuel Production
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Agriculture & Feed
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Biopharmaceuticals
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Others
A full Report of Biocatalysis
and Biocatalysts Market is Available @ https://www.omrglobal.com/industry-reports/biocatalysis-and-biocatalysts-market
Biocatalysis and Biocatalysts Market
Report Segment by Region
· United
States
· Canada
Europe
· UK
· Germany
· Spain
· France
· Italy
· Rest
of Europe
Asia-Pacific
· India
· China
· Japan
· South
Korea
· Rest
of APAC
Rest of the World
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Latin America
•
Middle East and Africa
Company Profiles
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AB Enzymes
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Afton Chemical
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Amano Enzyme Inc.
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Arzeda Corporation
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BASF SE
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Chr Hansen Holding A/S
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Codexis Inc.
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Debut Biotechnology, Inc.
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DSM
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DuPont de Nemours, Inc.
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Dyadic International, Inc.
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EnginZyme AB
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Ingenza
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Lonza Group Ltd.
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Novozymes
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Piramal Enterprises Ltd.
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RP Management LLC
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Soufflet Agro Rus, LLC
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Unilever PLC
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Zymtronix Catalytic Systems Inc
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