Protein Hydrolysis Enzymes Market worth $3117.5 Million by 2020.
Sarasota, FL -- (SBWIRE) -- 09/09/2016 -- Zion Research has published a new report titled "Protein Hydrolysis Enzymes Market by Source (Animal, Plant, and Micro-organism) for Detergent and Cleansing, Pharmaceutical, Food and Beverages, Textile and Other Applications - Global Industry Perspective, Comprehensive Analysis and Forecast, 2015 – 2021". According to the report, the global protein hydrolysis enzymes market accounted for USD 2,259.2 million in 2015 and is expected to reach USD 3,117.5 million by 2021, growing at a CAGR of around 5.2% between 2016 and 2021.
Protein hydrolysis enzymes are a specific class of enzymes because they possess immense physiological as well as commercial importance. They possess both degradative and synthetic properties. Since protein hydrolysis enzymes are physiologically necessary, they occur ubiquitously in animals, plants, and microbes. However, protein hydrolysis enzymes are majorly obtained through microbes and represent the preferred source of enzymes in view of their rapid growth, limited space required for cultivation, and ready accessibility to genetic manipulation. Microbial protein hydrolysis enzymes have been extensively used in the food, dairy and detergent industries since ancient times.
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Based on source, protein hydrolysis enzymes market is segmented into three types: animals, plants, and micro-organism. Microbial origin protein hydrolysis enzymes are one of the important groups of industrially and commercially produced enzymes contributing approximately 70% of all enzyme sales. Microbial protein hydrolysis enzymes are expected to be the strongest growth segment of the market due to growing demand from pharmaceutical industry, cleaning industry others. Various advantages comprise lower production costs, possibility of large-scale production in industrial fermentors, a wide range of physical and chemical characteristics, possibility of genetic manipulation, the absence of effects brought about by seasonality, rapid culture development and the use of non-burdensome methods are expected to propel the growth of microbial protease segment. The inability of the plant and animal proteases to meet current world demands has led to an increased interest in microbial protein hydrolysis enzymes.
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Based on application, protein hydrolysis enzymes market segmented into five types: detergent and cleansing industry, pharmaceutical, food and beverages, textile and others application. Protein hydrolysis enzymes market was dominated by pharmaceutical and food industries in 2015. For instance, microbial proteases are increasingly used in the pharmaceutical industry for treatment of various disorders like cancer, inflammation, cardiovascular disorders, necrotic wounds etc. Proteases are also used as immune– stimulatory agents. In addition, protein hydrolysis enzymes are also used extensively in the food industry for preparation/processing of following products:-
Dairy: milk coagulation, flavor development.
Baking: gluten development.
Fish & seafood processing: fishmeals, enhanced oil recovery, aquaculture
Animal protein processing: improved digestibility, reduced allergenicity, meat tenderization.
Plant protein processing: improved functionality & processing, generation of bio-active peptides.
Yeast hydrolysis: flavor compounds.
Based on geography, protein hydrolysis enzymes market segmented into five major locations: North America, Europe, Asia-Pacific, Latin America and the Middle East and Africa. North America was the largest market in terms of consumption. North America holds approximately above 30% of market share in 2015. Rising industries in Asia Pacific is expected to prompt the growth of protein hydrolysis enzymes market in coming years.
Key market player of protein hydrolysis enzymes market are Royal DSM, Novozymes A/S, Ab Enzymes, Dyadic International, Inc., Solvay Enzymes, and Specialty Enzymes & Biotechnologies Co.
This report segments the global protein hydrolysis enzymes market as follows:
Global Protein Hydrolysis Enzymes Market: Source Analysis
Global Protein Hydrolysis Enzymes Market: Application Segment Analysis
Detergent and Cleansing
Food and Beverages
Global Protein Hydrolysis Enzymes Market: Regional Segment Analysis
The Middle East and Africa
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