11-Nov-2022 | Facts and Factors
According to Facts and Factors, the global Enzyme Label Analyzer market size was estimated to be worth roughly USD 2.32 billion in 2021 and is predicted to grow to around USD 3.96 billion by 2028. The global Enzyme Label Analyzer market is predicted to grow at a CAGR of roughly 7.90% during the forecast period.
Enzymes are biocatalysts that accelerate biological reactions in order to produce the desired effects. They are naturally protein-rich and have gained a lot of interest recently due to the several uses they have. Several industries, including food and animal feed, textiles and detergents, medicines and biotechnology research and development, and manufacturing (paper and pulp processing, leather processing, and agriculture), use enzymes. The enzymes industry has expanded as a result of their application in manufacturing processes, which has resulted in significant cost savings, decreased energy use, and better substrate activity. Additionally, for a variety of reasons over the course of the analysis period, the global market for enzymes has increased. The biotech, pharmaceutical, food and beverage, and biofuel industries are all reaping the benefits of enzymes, which offer various advantages.
Browse the full “Enzyme label analyzer Market Size, Share, Growth Analysis Report By Type (Protease, Carbohydrase, Lipase, Polymerase and Nuclease, Others), By Application (Food and Beverages, Household Care, Bioenergy, Pharmaceutical and Biotechnology, Feed, and Other Application), and By Region - Global and Regional Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2022 – 2028" report at https://www.fnfresearch.com/enzyme-label-analyzer-market
The increased desire for chemical-free, all-natural products has led to an increase in the usage of bio-based additives in processed meals. Enzymes are produced by a variety of bacteria, plants, and animals, and have a number of advantages over synthetic chemicals in the manufacturing of commodities and for human consumption. The continued usage of enzymes results in the acquisition of many benefits that cannot be obtained by a traditional chemical therapy. Improved product quality, less expensive manufacturing, reduced waste, and less energy use are typically among them. Traditional synthetic chemical therapies are, generally speaking, non-specific, challenging to maintain, and possibly contributing to uneven circumstances. Food processors use enzymes in place of synthetic chemicals since they are both economical and reliable.
By reducing worldwide economic growth, the COVID-19 outbreak has moderately damaged the food and beverage industry, notably the ingredient industry. Industries are having trouble as a result of the numerous restrictions and safety measures put in place to combat the pandemic. The international trade of enzymes is impacted by disrupted supply chains because they are a business-to-business commodity. In addition to the food and beverage industry, enzymes with clean labeling can be employed in the paper and textile industries. International trade limitations and country-specific constraints on the number of manufacturing facilities have both had an impact on the market for enzyme label analyzers. It is projected that this situation will have a minimal to negligible influence on the market over the next two to three quarters.
The global Enzyme Label Analyzer market is segmented based on type, application, and region.
Based on type, the market is divided into protease, carbohydrase, lipase, polymerase and nuclease, and others. The carbohydrase industry led the market in terms of market share in 2021, and it is projected that this trend will continue throughout the entire forecast period. Carbohydrase is the most prevalent type of enzyme used in the food and pharmaceutical industries, which explains this. Therefore, it is anticipated that commercial uses of carbohydrase in detergents and food products will propel the segment's growth over the projected decade.
By application, the market is divided into food and beverages, household care, bioenergy, pharmaceutical and biotechnology, feed, and other applications. The market was dominated by household care application. One factor driving the growth of the household care industry is consumers' preference for products made with enzymes over those made with petrochemical-derived substances, which have the propensity to pollute the environment more. The market for enzymes used in household cleaning has grown dramatically as a result of the public's rising awareness of the advantages of enzymes for the environment.
In 2021, North America had the largest share for the global enzymes label analyzers market, followed by Europe and Asia-Pacific. The Go-clean movement is mostly to blame for Europe's current dominance of the worldwide enzyme label analyzer market, which is then followed by North America. The concept of clean eating is continuously gaining popularity because millennials seek nutrition in addition to texture and mouthfeel. Because there are more customers in these regions who are lactose intolerant, there will likely be greater demand for lactase enzymes, giving them control over a larger portion of the global enzymes label analyzer market. During the forecast period, Asia Pacific is expected to develop at the highest CAGR in the enzyme label analyzer market. It is important to keep in mind that immobilized enzyme technology has made significant strides in recent years for applications in the food industry.
Report Scope
Report Attribute |
Details |
Market Size in 2021 |
USD 2.32 Billion |
Projected Market Size in 2028 |
USD 3.96 Billion |
CAGR Growth Rate |
7.90% CAGR |
Base Year |
2021 |
Forecast Years |
2022-2028 |
Key Market Players |
Kerry Inc., DuPont, DSM, Advanced Enzymes Technologies, AB Enzymes, Chr. Hansen Holding A/S BASF SE, Novozymes A/S, and Biocatalysts Ltd., and others. |
Key Segment |
By Type, Application, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa |
Purchase Options |
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List of prominent players in the global enzyme label analyzer market
- Kerry Inc.
- DuPont
- DSM
- Advanced Enzymes Technologies
- AB Enzymes
- Chr. Hansen Holding A/S
- BASF SE
- Novozymes A/S
- Biocatalysts Ltd
- Others
Recent Developments:
In June 2021, International Flavors & Fragrances, Inc. introduced Nurica, a dairy enzyme that naturally uses the lactose found in milk in the United States. In order to manage lactose intolerance and maximize fiber intake, the enzyme aids in the production of a higher yield of prebiotic galacto-oligosaccharides (GOS) fibers naturally.
In April 2021, to increase the number of dairy enzymes that are Kosher and Halal-approved, Biocatalysts Ltd. announced the release of Promod 517MDP (P517MDP).
The global Enzyme label analyzer market is segmented as follows:
By Type
- Protease
- Carbohydrase
- Lipase
- Polymerase
- Nuclease
- Others
By Application
- Food and Beverages
- Household Care
- Bioenergy
- Pharmaceutical and Biotechnology
- Feed
- Other Application
By Region
- North America
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Nordic Countries
- Benelux Union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia Pacific
- The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
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