The protein hydrolysis enzymes global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Protein Hydrolysis Enzymes Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The protein hydrolysis enzymes market size has grown strongly in recent years. It will grow from $2.13 billion in 2023 to $2.27 billion in 2024 at a compound annual growth rate (CAGR) of 6.5%. The growth in the historic period can be attributed to growth in food and beverage industry, pharmaceutical applications, increased research and development, dietary supplements market growth, aging population, regulatory support..
The protein hydrolysis enzymes market size is expected to see strong growth in the next few years. It will grow to $2.9 billion in 2028 at a compound annual growth rate (CAGR) of 6.4%. The growth in the forecast period can be attributed to rising vegan and plant-based diets, shifts in consumer lifestyles, clean label movement, increased allergen-free options, global protein consumption patterns, focus on sustainable sourcing.. Major trends in the forecast period include enzyme engineering and optimization, technological advancements in enzyme production, customized enzyme solutions, strategic collaborations and partnerships, sustainability in enzyme production..
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Scope Of Protein Hydrolysis Enzymes Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Protein Hydrolysis Enzymes Market Overview
Market Drivers –
An increasing prevalence of chronic diseases is expected to boost the growth of the protein hydrolysis enzymes market going forward. Chronic disease refers to a disease that develops over time or a health condition in people that is persistent or has other long-lasting repercussions. Protein hydrolysis produces the most physiologically active peptides with the help of enzymes and peptides can be used to prevent cancer and other diseases by their ability to modulate antioxidant enzymes as a crucial control point for the body’s pro-inflammatory processes, hence increase in the prevalence of chronic diseases is expected to boost the demand for protein hydrolysis enzymes. For instance, according to a report published by the American Cancer Society, a US-based health organization dedicated to helping people with cancer, in the United States, there is an estimated 1.9 million new cancer cases diagnosed in 2022 and 609,360 cancer deaths. Furthermore, 609,360 cancer deaths are projected in 2022, amounting to around 1,670 fatalities every day. Therefore, an increase in the prevalence of chronic diseases is driving the growth of the protein hydrolysis enzymes market.
Market Trends –
Technological advancement is the key trend gaining popularity in the protein hydrolysis enzymes market. Major companies operating in the protein hydrolysis enzymes market are focusing on developing new technologies to sustain their market position. For instance, in November 2021, Biocatalysts Ltd., a UK-based biotechnology company producing specialty enzymes, launched Promod® 324L, a new enzyme for the pet food industry. The unique feature of Promod 324L is its broad substrate specificity and strong efficacy in the hydrolysis of both animal and fish proteins. The solubility and viscosity of animal protein can be increased during enzymatic breakdown using P324L to make the protein more processable.
The protein hydrolysis enzymes market covered in this report is segmented –
1) By Type: Microorganisms, Animals, Plants
2) By Method Of Production: Extraction, Fermentation
3) By Application: Detergent and Cleaning, Food and Beverage, Animal Feed, Textile, Dairy, Other Applications
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Regional Insights –
Asia-Pacific was the largest region in the protein hydrolysis enzymes market in 2023 and is expected to be the fastest-growing region in the protein hydrolysis enzymes market during the forecast period. The regions covered in the protein hydrolysis enzymes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Key Companies –
Major companies operating in the protein hydrolysis enzymes market report are Novozymes A/S, Royal DSM, DuPont de Nemours Inc., AB Enzymes GmbH, Advanced Enzyme Technologies, Dyadic International Inc., Jiangsu Boli Bioproducts Co. Ltd., Specialty Enzymes & Biotechnologies Co., Solvay Enzymes, Amano Enzyme Inc., Biocatalysts, Aumgene Biosciences, Merck KGaA, Bioseutica, Rossari Biotech Limited, Creative Protein hydrolysis enzyme, Enzyme Solutions, Enzymatic Deinking Technologies LLC, DSM Nutritional Products, Kerry Group, Chr. Hansen Holding A/S, Roche Diagnostics, Noor Enzymes, Enzyme Development Corporation, Enzyme Supplies Limited, Biddle Sawyer Corporation, MP Biomedicals, Enzyme Innovation, Specialty Enzymes and Biochemicals Co., Enzybel Group .
Table of Contents
1. Executive Summary
2. Protein Hydrolysis Enzymes Market Report Structure
3. Protein Hydrolysis Enzymes Market Trends And Strategies
4. Protein Hydrolysis Enzymes Market – Macro Economic Scenario
5. Protein Hydrolysis Enzymes Market Size And Growth
…..
27. Protein Hydrolysis Enzymes Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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