Enzymes Market 2014 to 2020 - Global Market Estimate, Competitive Landscape, Industry Size

GrandViewResearch.com has announced the addition of " Global Enzymes Market Analysis And Segment Forecasts To 2020" Market Research report to their Database

Logo

San Francisco, CA -- (SBWire) -- 03/18/2014 --Global enzymes market is expected to reach USD 7,652 million by 2020, growing at a CAGR of 8.3% from 2014 to 2020. Growing global food demand is expected to remain a key driver for enzymes market over the next six years. In addition, technological advancement in the field of enzymes engineering is expected to serve as a great opportunity for market participants. Novel applications of enzymes, especially in synthetic biology are expected to drive the market over the next six years.

The report “Enzymes Market Analysis And Segment Forecasts To 2020,” is available now to Grand View Research customers and can also be purchased directly at http://www.grandviewresearch.com/industry-analysis/Enzymes-Industry

Further Key findings from the study suggest:
- Carbohydrases emerged as the leading product segment and accounted for 46.1% of total market revenue in 2013. In addition to being the largest product segment, carbohydrase is also expected to be the fastest growing product segment at an estimated CAGR of 8.6% from 2014 to 2020.
- Food & beverages dominated the global application market for enzymes and accounted for 37.5% of total market revenue in 2013. Growing global food demand is expected to drive the market over the forecast period. However, animal feed is expected to be the fastest growing application market for enzymes at an estimated CAGR of 8.7% from 2014 to 2020.
- North America continued its dominance in the global market and accounted for 37.4% of total market revenue in 2013. However, as a result of increasing disposable income level mainly in China and India, Asia Pacific is expected to be the fastest growing market for enzymes at an estimated CAGR of 9.4% from 2014 to 2020.
- The global market is highly concentrated with top four participants including Novozymes, Danisco-Genecor and DSM catering to over 70% of total demand in 2013. Other companies operating in the global market include BASF, AB Enzymes, Chr. Hansen, Roche and ADM.

Sample Request @ http://www.grandviewresearch.com/request/40

For the purpose of this study, Grand View Research has segmented the global enzymes market on the basis of product, application and region:

Enzymes Product Outlook (Revenue, USD Million; 2012-2020)
- Carbohydrases
- Proteases
- Lipases
- Polymerases & Nucleases
- Other
Enzymes Application Outlook (Revenue, USD Million; 2012-2020)
- Food & Beverages
- Detergents
- Animal Feed
- Bio-Fuel
- Other

Regional coverage of the database includes:
- North America
- Europe
- Asia-Pacific
- RoW

About Grand View Research
Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit http://www.grandviewresearch.com

Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519

Media Relations Contact

Sherry James
Manager Sales
Grand View Reseach
415-349-0058
http://www.grandviewresearch.com/

View this press release online at: http://rwire.com/478271