United States Industrial Enzymes Market, By Type (Amylases, Cellulases, Proteases, Lipases, Phytases and Others), By Source (Micro-Organisms, Plants and Animals), By Application (Food & Beverages, Cleaning Agents, Animal Feed and Others), By Company and By Geography, Forecast & Opportunities, 2023

United States Industrial Enzymes Market is projected to post stable growth by 2023, owing to the rising use of industrial enzymes in the production of bio-fuels. Moreover, the growing adoption of industrially manufactured enzymes across various end-use industries like food & beverages, animal feed, detergents and pharmaceuticals will propel the growth of the market further. Additionally, widespread use of enzymes for the manufacturing of animal feed to provide optimum quality nutrition to the animals coupled with increasing investments in the research and development of new recombinant enzymes from micro-organisms and plants due to ethical issues associated with animal enzymes is projected to drive the growth of the market from 2018 to 2023. Based on the source, the microorganisms segment is expected to grow at the highest CAGR by 2023, due to increasing manufacture of enzymes from microorganisms as they are easy to culture in large quantities, growth conditions for micro-organisms can be easily controlled along with the end-product. Based on the application, the food & beverage segment leads the market and is expected to maintain its position during the forecast period owing to the rising adoption of industrial enzymes in the food and beverage industry.

Years considered for this report

Historical Years2013-2016

Base Year2017

Estimated Year2018

Forecast Period2018–2023

Objective of the Study

• To analyse and forecast the market size of United States Industrial Enzymes Market, in terms of value.
• To classify and forecast United States Industrial Enzymes based on type, source, application and regional distribution.
• To identify drivers and challenges for United States Industrial Enzymes Market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in United States Industrial Enzymes Market.
• To conduct the pricing analysis for United States Industrial Enzymes Market.
• To identify and analyse the profile of leading manufacturers in the United States Industrial Enzymes Market.

Some of the leading players in the United States Industrial Enzymes Market are BASF SE, Associated British Foods PLC, Koninklijke DSM N.V., E. I. Du Pont De Nemours and Company, Novozymes A/S, Dyadic International Inc., Advanced Enzyme Technologies Ltd, Adisseo, Chr. Hansen Holding A/S, Amano Enzyme Inc. etc.

Market insights research

Market insights research calculated the market size of United States

Key Target Audience

• Industrial Enzymes Manufacturers
• Industrial Enzymes Dealers and Suppliers
• Traders and Distributors
• Food & Beverages Industries
• Biotechnology Industries
• Regulatory organizations.
• Raw material suppliers and distributors.
• Research organizations and consulting companies.
• Market research and consulting firms.

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, distributors and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.