Report Ocean has just released an all-encompassing market research report delving deep into the Protein Hydrolysis Enzymes Market industry. This report furnishes readers with invaluable insights into both present and future industry trends, equipping them with the means to discern the factors driving revenue growth and profitability. It meticulously scrutinizes the critical factors that impact both the global and regional markets, encompassing drivers, limitations, risks, challenges, opportunities, and trends specific to the industry. Additionally, the report underscores global certainties, undertakes comprehensive analysis of key players from upstream to downstream, and presents market forecasts, SWOT & PESTEL analysis, market scenarios, and feasibility studies.
Protein Hydrolysis Enzymes Market is valued at approximately USD 8.5 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 6.9% over the forecast period 2022-2029. Protein hydrolysis is a method of the breakdown of proteins into smaller peptides and amino acids. The protein hydrolysis enzymes focus on breaking down the peptide bonds and boosting the free amino acid and carboxyl groups, which is generally used commercially to simulate the hydrolytic process. The rising consumption of protein, growing health awareness among the population, and high usage in the food sector coupled with the increase in the incidence of chronic diseases are the key factors that are fostering market growth across the globe.
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In addition, the surging demand for protein hydrolysis enzymes in applications such as detergents, pharmaceuticals, food, textiles & leather, and other applications is further witnessing the rapid growth of the market. According to Statista, in the United States, the total R&D expenditure in the pharmaceutical industry was recorded at USD 83 billion, which is anticipated to grow and reach USD 102.3 billion in 2021. Likewise, the India Brand Equity Foundation (IBEF) reported that the Indian pharmaceutical market was worth around USD 42 billion in 2021. Also, it is expected that the market flourishingly grows and is likely to reach USD 130 billion by 2030. Thereby, the thriving development of the pharmaceutical industry is stipulating the demand for protein hydrolysis enzymes to control the spreading of infectious diseases, which, in turn, augments the market growth. Moreover, the rise in demand for natural and environment-friendly products, as well as the low cost of labeling solutions are anticipated to leverage various opportunities over the forthcoming years. However, the side effects associated with certain proteases and varying government regulations and standards are restricting the market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Protein Hydrolysis Enzymes Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. The Asia Pacific dominated the market in terms of revenue, owing to the growing demand for meat and fortified foods, along with the rising technological advancements in protease enzymes. Whereas, the Asia Pacific is also expected to grow with the highest CAGR during the forecast period, owing to factors such as rising target populations, thriving growth of end-use industries, and active participation of government and nonprofit organizations in the market space.
Major market players included in this report are:
Novozymes
Associated British Foods
DSM
DuPont
BASF
Advanced Enzymes Technologies
Chr. Hansen
Dyadic International
Amano Enzymes
Specialty Enzymes & Biotechnologies
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Recent Developments in the Market:
In April 2021, Biocatalysts unveils the introduction of a new enzyme product with the objective of strengthening the range in the dairy protein market. This novel enzyme is specifically designed to be used for Casein Hydrolysis.
In November 2021, Biocatalysts announced that the company introduced its new product named “Promod 324L” for the pet food industry.
Global Protein Hydrolysis Enzymes Market Report Scope:
Historical Data: 2019-2020-2021
Base Year for Estimation: 2021
Forecast period: 2022-2029
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Product, Application, Source, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope: Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
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 years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential 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 Product:
Animal Product
Plant Product
Microbial Product
By Application:
Detergents
Pharmaceuticals
Food
Textiles & Leather
Other Applications
By Source:
Microorganisms
Animals
Plants
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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
RoLA
Rest of the World
Table of Contents:
- Executive Summary
- Introduction
- Methodology
- Market Overview
- Market Analysis
- Market Size and Forecast
- Market Trends
- Market Dynamics
- Market Segmentation
- Competitive Landscape
- Competitive Scenario
- Key Players
- Regional Analysis
- Regional Market Overview
- Market Size and Forecast by Region
- Product/Service Analysis
- Product/Service Overview
- Market Size and Forecast by Product/Service
- End-User Analysis
- End-User Overview
- Market Size and Forecast by End-User
- Industry Structure
- Key Findings and Recommendations
- Conclusion
Compelling Reasons to Invest:
Market Segmentation and Value Insights:
- The report offers a comprehensive market segmentation, providing market value data for each segment and sub-segment examined. This deepens your understanding of market dynamics and opportunities within specific market segments.
Focus on Rapid Growth and Dominant Regions:
- This study pinpoints regions and market segments poised for swift growth and those holding a substantial market share. This strategic insight aids businesses in targeting high-growth areas for investment.
Geographical Market Analysis:
- Emphasizing product or service consumption across different geographic areas, the report identifies region-specific variables that influence the market. It offers valuable insights into regional market dynamics.
Competitive Landscape:
- The report includes market rankings of major players, highlighting recent partnerships, product/service launches, business expansions, and acquisitions by profiled companies. This data facilitates a comprehensive understanding of the competitive landscape and industry trends.
Comprehensive Company Profiles:
- Detailed profiles are provided for top market players, encompassing business overviews, company insights, product benchmarking, and SWOT analysis. This aids in gaining a holistic perspective on key market players.
Market Outlook and Growth Prospects:
- The report presents the current market outlook and future growth prospects, considering recent changes and developments. It identifies growth opportunities, drivers, obstacles, and restrictions in both developing and emerging regions.
Market Analysis Using Porter’s Five Forces and Value Chain:
- The market report offers a multifaceted market analysis, utilizing Porter’s five forces to assess industry competitiveness and providing insights into the market using the Value Chain approach.
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