F&B Dominates Biocatalysis and Biocatalysts Market With 36% Share
PUNE, India, March 14, 2016 /PRNewswire/ --
Global Biocatalysis and Biocatalysts Market 2016-2020 research report segments the industry by type (carbohydrases, proteases, and lipases) by application (food and beverage industry, detergents industry, biofuel production industry, agriculture and feed industry, and biopharmaceutical industry) and by geography (APAC, Europe, North America, and ROW).
Complete report on biocatalysts and biocatalysis market spread across 76 pages, analyzing 5 top companies and supported with 34 data exhibits is now available at http://www.sandlerresearch.org/global-biocatalysis-and-biocatalysts-market-2016-2020.html
The global biocatalysis and biocatalysts market is expected to grow at a CAGR of around 6% between 2016 and 2020. Rapid advances in biocatalysis technologies and growing consumer awareness of environmentally sustainable solutions are driving the market for biocatalysts globally. Biocatalytic processes are replacing chemical processes across many industries including starch processing, biofuel production, detergents, food and beverage, and pharmaceuticals. Europe is the largest market for biocatalysts, owing to the growth of the agriculture and feed, biofuel production, food and beverages, and pharmaceutical industries in this region.
The new industry research report discusses in detail the key drivers and trends responsible for the growth of this market and its sub-segments. The food and beverage industry dominates the biocatalysis and biocatalysts market, occupying around 36% of the overall market share. With a rise in health consciousness among consumers, the demand for food and beverages products containing biocatalysts has increased. Biocatalysts help in the production of nutrient-rich, healthy food at considerably reduced prices. Furthermore, the processing time and quality of the product is also improved. Factors such as stringent environmental regulations and rising demand for biocatalysts in the production of a wide variety of food and beverages will aid in the growth of this market segment during the forecast period.
The leading vendors in the global biocatalysis and biocatalysts market are BASF, Codexis, DuPont, Novozymes, and Royal DSM. Other prominent vendors analyzed in this market research report are AB Enzymes, Amano Enzymes, Chr. Hansen, Dyadic International, Soufflet, and Lonza. This market is dynamic due to innovations and increased investments in developing new processes. Order a copy of Global Biocatalysis and Biocatalysts Market 2016-2020 research report at http://www.sandlerresearch.org/purchase?rname=52099
In 2015, the production of biocatalysts from microorganisms dominated the market with a market share of approximately 50%. Microorganisms represent a considerable portion of biocatalysts as they can be processed within a short period through relatively simpler methods of fermentation. Some examples of bacteria used in the production of biocatalysts are bacillus subtilis, B licheniformis, and lactobacilli.
Other relevant reports available on the Chemicals market with SandlerResearch.org include:
Global Food Enzyme Market 2015-2019: 6.8% CAGR growth forecast to 2019. Segments covered include Type (carbohydrases, proteases, lipases, and others), Application (confectionary and bakery products, beverages, dairy products, convenience foods, meat and poultry products, and others), Geography (APAC, EMEA, North America, and ROW) and Source (plants, animals, and microorganisms). Read more at http://www.sandlerresearch.org/global-food-enzyme-market-2015-2019.html
Global Agricultural Enzymes Market 2015-2019: 7.26% CAGR predicted to 2019 with analysis of key players like Agri Life, Agrinos, Bioworks, Greenmax Agro Tech, Novozymes, Stoller USA and Syngenta. Read more at http://www.sandlerresearch.org/global-agricultural-enzymes-market-2015-2019.html
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