The Hydrolase Enzymes market is a segment of the industrial enzymes market, which includes enzymes used for a variety of industrial applications, such as food and beverage processing, biofuels production, and animal feed additives. Hydrolase Enzymes are a type of industrial enzyme that catalyzes the hydrolysis of different types of chemical bonds, including ester bonds, glycosidic bonds, and peptide bonds. Hydrolase Enzymes have a wide range of applications that include the food industry for improving the texture and flavor of food products, as well as in the production of biofuels and other industrial processes. Some examples of Hydrolase Enzymes include amylases, which break down starch into sugars, proteases, which break down proteins into amino acids, and lipases, which break down fats into fatty acids and glycerol.
Global Hydrolase Enzymes Market is expected to grow at a significant rate over the forecasted years and driven by increasing demand from various industries such as food and beverage, pharmaceuticals, and biotechnology.
Increasing demand of Hydrolase Enzymes from Food and Beverages Industry
The global energy consumption has reached 14 billion tons of oil equivalenting 2021 and in which more than the 80% of the world’s energy demand is extracted from fossil fuels-based source.
Growing Use of Hydrolase Enzymes in Animals Feed as Additive
Favorable Government Policies
Governments also provide incentives for the development and use of Hydrolase Enzymes in various industries. For example, governments offer tax credits or grants to companies conducting research and development on new enzymes or using enzymes in sustainable production processes. Apart from these, some governments may promote the use of biofuels to reduce greenhouse gas emissions and dependence on non-renewable resources. This can create opportunities for the use of Hydrolase Enzymes in biofuels production, as companies seek to increase the efficiency and sustainability of their production processes.
Recent Developments
- In 2021, Novozymes, a leadingmanufacturer of industrial enzymes, announced the launch of its new Fiberexproduct range. The Fiberex products are designed to help the pulp and paperindustry improve the efficiency and sustainability of their productionprocesses by reducing water and energy usage and increasing the quality of the product.
- In2021, BASF launched its new Natupulse® TS product, which is a non-starch polysaccharide(NSP) enzyme to the feed decreases digesta viscosity, increases thedigestibility of the feed and ensures a more sustainable production. The Natupulse®TS product offers improves nutrientdigestion and makes feed more cost-effective and sustainable.
- In2019, DuPont launched its new Danisco Xylanase product, which is a bakingenzyme used to improve the texture and shelf-life of bread products. The DaniscoXylanase product is designed to be more effective and efficient thantraditional xylanase enzymes, helping to reduce production costs for breadmanufacturers.
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Market Segmentation
Company Profiles
| Attribute | Details |
| Base Year | 2022 |
| Historic Data | 2018 – 2021 |
| Estimated Year | 2023 |
| Forecast Period | 2024 – 2028 |
| Quantitative Units | Revenue in USD Million, and CAGR for 2018-2022 and 2023-2028 |
| Report coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments covered | · Source · Method of Production · Application |
| Regional scope | North America, Europe, Asia Pacific, South America, Middle East & Africa |
| Country scope | United States, Mexico, Canada, France, Germany, United Kingdom, Spain, Italy, France, China, India, South Korea, Japan, Australia, Brazil, Argentina, Colombia, South Africa, Saudi Arabia, UAE |
| Key companies profiled | Novozymes A/S, BESTZYME BIO-ENGINEERING CO., LTD., AB Enzymes GmbH, BASF SE, Royal DSM NV, Kemin Industries, Inc., Advanced Enzyme Technologies Limited, Epygen Labs FZ LLC, Creative Enzymes, and Specialty Enzymes & Probiotics. |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
