Global Biocatalysts Market Analysis, Application, And Forecast To 2023-2029Posted by Karthik Pilla on April 15th, 2023 Bharat Book Bureau Provides the Trending Market Research Report on “Global Biocatalysts Market 2023-2029” under the Life Sciences Market Research Report Category. The report offers a collection of superior Market research, Market analysis, competitive intelligence, and Market reports.
Biocatalysts are biological molecules, typically enzymes, that catalyze chemical reactions in living organisms. These enzymes are highly specific and can accelerate chemical reactions by several orders of magnitude. Biocatalysts are used in a wide range of industrial applications, including the production of pharmaceuticals, food additives, and biofuels. They are also used in bioremediation, the process of using microorganisms to degrade or remove pollutants from the environment. The global Biocatalysts Market is likely to register a CAGR of over 6.55% with an incremental growth of USD 263.0 million during the forecast period 2023-2029. This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the type, end user, and region. The global market for biocatalysts can be segmented by type: Carbohydrase, proteases, polymerases and nucleases, phytases, lipases, others. According to the research, the Carbohydrase segment had the largest share in the global biocatalysts market. Biocatalysts market is further segmented by end user: pharmaceutical, food and beverages, animal nutrition, household, others. In 2022, the pharmaceutical segment made up the largest share of revenue generated by the biocatalysts market. Based on region, the biocatalysts market is segmented into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. Among these, North America was accounted for the highest revenue generator in 2022. Market Segmentation The report also provides analysis of the key companies of the industry and their detailed company profiles including DuPont de Nemours Inc., AB Enzymes, BASF SE, Novozymes A/S, Koninklijke DSM NV, Amano Enzyme Inc., Dyadic International Inc., Chr. Hansen Holding A/S, Codexis, Inc., among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market. Scope of the Report Why Choose This Report
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