The latest report on the Proteases Market is 250 pages long and includes a number of tables and figures. This report covers the period from 2023 to 2030 and offers valuable insights into the market landscape.
Global Proteases Market to reach USD 3.09 Billion by 2027.Global Proteases Market is valued approximately at USD 2.08 Billion in 2020 and is anticipated to grow with a healthy growth rate of more than 5.80% over the forecast period 2021-2027.
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Protease is an enzyme that helps in digestion by breaking down proteins present in foods into amino acids. It also helps in blood clotting. It has various end users such as food & beverages, cosmetics, laundry and others. The global Proteases market is being driven by its environment friendly nature due to non-pathogenic and non-toxic properties. Another important driving factor for the market growth is the expanding food industry, which supports the market demand.
For instance: according to the China Chain Store & Franchise Association, in 2019, China’s food and beverage (F&B) sector witnessed revenue of around USD 595 billion, an increase of 7.8 percent over 2018. Furthermore, the growing prevalence of diseases, growing industrialization, reducing operating cost of the companies and rising investments will provide new opportunities for the global Proteases industry.
For instance: according to the ibef.org, Indian food sector attracted USD 4.18 billion between April 2014 and March 2020 through foreign direct investments, which may contribute towards the growth of food industry, in turn the market growth. However, unstable raw material prices and rigorous regulations regarding quality standards may impede market growth over the forecast period of 2021-2027.
Major market player included in this report are:
Chr. Hansen Holdings A/S (Denmark)
E.I. du Pont de Nemours and Company (U.S.)
Associated British Foods plc (U.K.)
Koninklijke DSM N.V. (The Netherlands)
Novozymes A/S (Denmark)
Dyadic International Incorporated (U.S.)
Advanced Enzyme Technologies Ltd. (India)
Biocatalysts Limited (U.K.)
Amano Enzyme Inc. (Japan)
Specialty Enzymes and Biotechnologies (U.S.).
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On the basis of region, global Proteases Market is segmented for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific is the leading region across the world as well is anticipated to exhibit the highest CAGR over the forecast period 2021-2027 in terms of market share due to rising animal feed industry, increasing demand for processed food in the region and wide range of applications of the enzymes have stimulated product demand in the region.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Source:
Animal
Plant
Microbial
By Application:
Food & beverages
Livestock feed
Soaps & detergent
Pharmaceuticals
Others
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By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027
Target Audience of the Global Proteases Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
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Table of content
Market Overview
Market Definition and Scope
Market Dynamics
Market Industry Analysis
Market, Regional Analysis
Analysis of Leading Companies
Competitive Intelligence
Research Process
Market Analysis and Forecast, By Product Types
In this report, the following important queries are addressed:
- What is the Global market’s sales value, production value, consumption value, import, and export (including North America, Europe, Asia-Pacific, South America, Middle East, and Africa)?
- Who are the major manufacturers in this sector on a global scale? How are their capacity, production, sales, pricing, cost, gross, and revenue operating?
- What are the vendors’ market prospects and risks in the international industry?
- Which product types, end users, or applications might be looking for additional growth prospects? What is each type’s and application’s market share?
- What specific strategies and limitations are keeping the market in check?
- What is the various marketing, sales, and distribution channels in the international market?
- What are the upstream raw materials, as well as the manufacturing machinery?
- What are the Market opportunities, market risk, and market overview of this industry?
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