According to a recent research by Grand View Research, Inc., the global market for enzymes is expected to achieve USD 7,652.0 million by 2020.
This research indicated that growing demand for applications (such as food and beverage and detergents) expected to drive the market over the forecast period, and the creature feed industry was further expected to enlarge the demand for enzymes over the following six years.
We could easily realize from this research that the global Enzymes market has been classified into 3 types based on application, product and region:
Enzymes Product In this report, different kinds of enzymes products were investigated including Carbohydrase, Proteases, Lipases (e.g. Lipozyme), Polymerases and nucleases (e.g. Nuclease S1) and others. Carbohydrase was the most dominant enzyme among others. Proteases were the one following behind.
Enzymes Application Several kinds of applications for enzymes were mentioned in this report, such as food and drinks, detergents, creature feed, biofuels etc. Up to now, food and beverage was the largest application segment for the market, and the increasing demand for processed food coupled with improving food quality was required to play a major role in the development of the application, as more and more individuals pay much attention to the nutrition match of diet. Detergents were the second largest application for enzymes coupled with the advancing quality of people’s daily life.
Enzymes Region There were several main regions with tremendous need for enzymes from this research: North America, Europe, Asia Pacific etc. Among them, North America was the biggest regional market for enzymes with market revenue of USD 1,648.6 million in 2013. The food and drinks application was a key element contributing to the high demand. Asia Pacific was anticipated to be the fastest growing market from 2014 to 2020.
Another important application of enzymes wasn’t indicated from this research, which is about the wide availability of enzymes in pharmacy. The application of enzymes in pharmacy can be divided into three aspects: (1) Diagnosis of diseases by enzymes (e.g. Neuraminidase) (2) Treating diseases with enzymes (3) Manufacturing various drugs with enzymes From my point of view, as the pace of life accelerates, people pay more and more attention to their health and life, which may lead to the increasing demand for relevant pharmacy with enzymes.
With the development of science & technology and the continuous exploration of new fields, the prospective application of enzymes will be expanded in more fields.
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