Industrial Enzymes Market To Be Worth
$9.63 Billion By 2024
The global industrial enzymes market is expected to reach USD 9.63 billion by 2024, according
to a new report by Grand View Research, Inc. The market is expected to witness significant
growth owing to increasing substitution of chemicals with industrial enzymes particularly in food
& beverage and nutraceutical applications.
Growing applications of industrial enzymes for use in detergents and as ingredients in food
processing industry is expected to fuel the demand. Proteases are extensively used in the
detergent industry owing to its superior stain removal properties. However, the demand in the
detergent application is expected to witness sluggish growth owing to market saturation.
Growing use of protease in bakery products is expected to drive market growth. Furthermore,
increasing application scope of the product in nutraceutical industry as a digestive enzyme is
expected to drive demand.
Technological advancements in the field of industrial enzymes have led to the use of the product
as cleaning agents. The increasing use of enzymes or waste water treatment is also expected to
drive the demand over the forecast period. Neozymes, DSM, and Danisco dominated the global
industrial enzymes market in 2015 with the industry being characterized by forward integration
by manufacturers to distribution and end-use. Manufacturers such as DuPont and DSM
manufacture industrial enzymes for specialized applications.
The global industrial enzymes market is dominated by North America due to the presence of a
large number of manufacturers in the U.S. and Canada.
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U.S. industrial enzymes market revenue, by end-use, 2013 - 2024 (USD Million)
Table of Contents
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
1.3. List of Data Sources
Chapter 2. Executive Summary
2.1. Industrial Enzymes Market- Industry summary and key buying criteria, 2013
- 2024
Chapter 3. Industrial Enzymes Industry Outlook
3.1. Industrial enzymes market segmentation
3.2. Industrial enzymes market size and growth prospects, 2013 - 2024
3.3. Industrial enzymes market - Value chain analysis
3.3.1. Vendor landscape
3.4. Raw material outlook
3.5. Technology overview
3.6. Regulatory framework
3.7. Industrial enzymes market dynamics
3.7.1. Market driver analysis
3.7.2. Market restraint analysis
3.8. Key market opportunities - Prioritized
3.9. Industry analysis - Porter's
3.10. Industrial enzymes competitive scenario, 2015
3.11. Industrial enzymes market PESTEL analysis, 2015
Chapter 4. Industrial Enzymes Product Outlook
4.1. Global industrial enzymes market share by product, 2015 & 2024
4.2. Carbohydrase
4.2.1. Market estimates and forecast, 2013 - 2024
4.2.2. Market estimates and forecast, by region, 2013 - 2024
4.3. Proteases
4.3.1. Market estimates and forecast, 2013 - 2024
4.3.2. Market estimates and forecast, by region, 2013 - 2024
4.4. Lipases
4.4.1. Market estimates and forecast, 2013 - 2024
4.4.2. Market estimates and forecast, by region, 2013 - 2024
4.5. Polymerases & nucleases
4.5.1. Market estimates and forecast, 2013 - 2024
4.5.2. Market estimates and forecast, by region, 2013 - 2024
4.6. Others
4.6.1. Market estimates and forecast, 2013 - 2024
4.6.2. Market estimates and forecast, by region, 2013 - 2024
Chapter 5. Industrial Enzymes Application Outlook
5.1. Global industrial enzymes market share by application, 2015 & 2024
5.2. Technical
5.2.1. Market estimates and forecast, 2013 - 2024
5.2.2. Market estimates and forecast, by region, 2013 - 2024
5.3. Feed additive
5.3.1. Market estimates and forecast, 2013 - 2024
5.3.2. Market estimates and forecast, by region, 2013 - 2024
5.4. Food processing
5.4.1. Market estimates and forecast, 2013 - 2024
5.4.2. Market estimates and forecast, by region, 2013 - 2024
Chapter 6. Industrial Enzymes Application Outlook
6.1. Global industrial enzymes market share by application, 2015 & 2024
6.2. Food & beverage
6.2.1. Market estimates and forecast, 2013 - 2024
6.2.2. Market estimates and forecast, by region, 2013 - 2024
6.3. Detergents
6.3.1. Market estimates and forecast, 2013 - 2024
6.3.2. Market estimates and forecast, by region, 2013 - 2024
6.4. Animal feed
6.4.1. Market estimates and forecast, 2013 - 2024
6.4.2. Market estimates and forecast, by region, 2013 - 2024
6.5. Textile
6.5.1. Market estimates and forecast, 2013 - 2024
6.5.2. Market estimates and forecast, by region, 2013 - 2024
6.6. Paper & pulp
6.6.1. Market estimates and forecast, 2013 - 2024
6.6.2. Market estimates and forecast, by region, 2013 - 2024
6.7. Nutraceutical
6.7.1. Market estimates and forecast, 2013 - 2024
6.7.2. Market estimates and forecast, by region, 2013 - 2024
6.8. Personal care& cosmetics
6.8.1. Market estimates and forecast, 2013 - 2024
6.8.2. Market estimates and forecast, by region, 2013 - 2024
6.9. Wastewater
6.9.1. Market estimates and forecast, 2013 - 2024
6.9.2. Market estimates and forecast, by region, 2013 - 2024
Chapter 7. Industrial Enzymes Regional Outlook
7.1. Global industrial enzymes market share by region, 2015 & 2024
7.2. North America
7.2.1. Market estimates and forecast, 2013 - 2024
7.2.2. Market estimates and forecast, by product, 2013 - 2024
7.2.3. Market estimates and forecast, by application, 2013 - 2024
7.2.4. Market estimates and forecast, by end-use, 2013 - 2024
7.2.5. U.S.
7.2.5.1. Market estimates and forecast, 2013 - 2024
7.2.5.2. Market estimates and forecast, by product, 2013 - 2024
7.2.5.3. Market estimates and forecast, by application, 2013 - 2024
7.2.5.4. Market estimates and forecast, by end-use, 2013 - 2024
7.2.6. Canada
7.2.6.1. Market estimates and forecast, 2013 - 2024
7.2.6.2. Market estimates and forecast, by product, 2013 - 2024
7.2.6.3. Market estimates and forecast, by application, 2013 - 2024
7.2.6.4. Market estimates and forecast, by end-use, 2013 - 2024
7.2.7. Mexico
7.2.7.1. Market estimates and forecast, 2013 - 2024
7.2.7.2. Market estimates and forecast, by product, 2013 - 2024
7.2.7.3. Market estimates and forecast, by application, 2013 - 2024
7.2.7.4. Market estimates and forecast, by end-use, 2013 - 2024
7.3. Europe
7.3.1. Market estimates and forecast, 2013 - 2024
7.3.2. Market estimates and forecast, by product, 2013 - 2024
7.3.3. Market estimates and forecast, by application, 2013 - 2024
7.3.4. Market estimates and forecast, by end-use, 2013 - 2024
7.3.5. Germany
7.3.5.1. Market estimates and forecast, 2013 - 2024
7.3.5.2. Market estimates and forecast, by product, 2013 - 2024
7.3.5.3. Market estimates and forecast, by application, 2013 - 2024
7.3.5.4. Market estimates and forecast, by end-use, 2013 - 2024
7.3.6. UK
7.3.6.1. Market estimates and forecast, 2013 - 2024
7.3.6.2. Market estimates and forecast, by product, 2013 - 2024
7.3.6.3. Market estimates and forecast, by application, 2013 - 2024
7.3.6.4. Market estimates and forecast, by end-use, 2013 - 2024
7.3.7. France
7.3.7.1. Market estimates and forecast, 2013 - 2024
7.3.7.2. Market estimates and forecast, by product, 2013 - 2024
7.3.7.3. Market estimates and forecast, by application, 2013 - 2024
7.3.7.4. Market estimates and forecast, by end-use, 2013 - 2024
7.4. Asia Pacific
7.4.1. Market estimates and forecast, 2013 - 2024
7.4.2. Market estimates and forecast, by product, 2013 - 2024
7.4.3. Market estimates and forecast, by application, 2013 - 2024
7.4.4. Market estimates and forecast, by end-use, 2013 - 2024
7.4.5. China
7.4.5.1. Market estimates and forecast, 2013 - 2024
7.4.5.2. Market estimates and forecast, by product, 2013 - 2024
7.4.5.3. Market estimates and forecast, by application, 2013 - 2024
7.4.5.4. Market estimates and forecast, by end-use, 2013 - 2024
7.4.6. India
7.4.6.1. Market estimates and forecast, 2013 - 2024
7.4.6.2. Market estimates and forecast, by product, 2013 - 2024
7.4.6.3. Market estimates and forecast, by application, 2013 - 2024
7.4.6.4. Market estimates and forecast, by end-use, 2013 - 2024
7.4.7. Japan
7.4.7.1. Market estimates and forecast, 2013 - 2024
7.4.7.2. Market estimates and forecast, by product, 2013 - 2024
7.4.7.3. Market estimates and forecast, by application, 2013 - 2024
7.4.7.4. Market estimates and forecast, by end-use, 2013 - 2024
7.5. Latin America
7.5.1. Market estimates and forecast, 2013 - 2024
7.5.2. Market estimates and forecast, by product, 2013 - 2024
7.5.3. Market estimates and forecast, by application, 2013 - 2024
7.5.4. Market estimates and forecast, by end-use, 2013 - 2024
7.5.5. Brazil
7.5.5.1. Market estimates and forecast, 2013 - 2024
7.5.5.2. Market estimates and forecast, by product, 2013 - 2024
7.5.5.3. Market estimates and forecast, by application, 2013 - 2024
7.5.5.4. Market estimates and forecast, by end-use, 2013 - 2024
7.6. Middle East and Africa
7.6.1. Market estimates and forecast, 2013 - 2024
7.6.2. Market estimates and forecast, by product, 2013 - 2024
7.6.3. Market estimates and forecast, by application, 2013 - 2024
7.6.4. Market estimates and forecast, by end-use, 2013 - 2024
7.6.5. South Africa
7.6.5.1. Market estimates and forecast, 2013 - 2024
7.6.5.2. Market estimates and forecast, by product, 2013 - 2024
7.6.5.3. Market estimates and forecast, by application, 2013 - 2024
7.6.5.4. Market estimates and forecast, by end-use, 2013 - 2024
Chapter 8. Competitive Landscape
8.1. BASF SE
8.1.1. Company Overview
8.1.2. Financial Performance
8.1.3. Product Benchmarking
8.1.4. Strategic Initiatives
8.2. E. I. Du Pont De Nemours and Company
8.2.1. Company Overview
8.2.2. Financial Performance
8.2.3. Product Benchmarking
8.2.4. Strategic Initiatives
8.3. Associated British Foods PLC
8.3.1. Company Overview
8.3.2. Financial Performance
8.3.3. Product Benchmarking
8.3.4. Strategic Initiatives
8.4. Koninklijke Dsm N.V
8.4.1. Company Overview
8.4.2. Financial Performance
8.4.3. Product Benchmarking
8.4.4. Strategic Initiatives
8.5. Novozymes A/S
8.5.1 Company Overview
8.5.2 Financial Performance
8.5.3 Product Benchmarking
8.5.4 Strategic Initiatives
8.6. Adisseo France Sas
8.6.1. Company Overview
8.6.2. Financial Performance
8.6.3. Product Benchmarking
8.6.4. Strategic Initiatives
8.7. Chr. Hansen A/S
8.7.1. Company Overview
8.7.2. Financial Performance
8.7.3. Product Benchmarking
8.7.4. Strategic Initiatives
8.8. Codexis Incorporated
8.8.1. Company Overview
8.8.2. Financial Performance
8.8.3. Product Benchmarking
8.8.4. Strategic Initiatives
8.9. Dyadic International Incorporated
8.9.1. Company Overview
8.9.2. Financial Performance
8.9.3. Product Benchmarking
8.9.4. Strategic Initiatives
8.10. Amano Enzyme Incorporated
8.10.1. Company Overview
8.10.2. Financial Performance
8.10.3. Product Benchmarking
8.10.4. Strategic Initiatives
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List of Tables
1. Industrial Enzyme- Industry Summary and Key Buying Criteria, 2013 - 2024
2. Industrial enzyme market estimates and forecast, 2013 - 2024 (USD Million)
3. Industrial enzyme market revenue, by region, 2013 - 2024 (USD Million)
4. Industrial enzyme market revenue, by product, 2013 - 2024 (USD Million)
5. Industrial enzyme market revenue, by application, 2013 - 2024 (USD Million)
6. Industrial enzyme market revenue, by end-use, 2013 - 2024 (USD Million)
7. Vendor landscape
8. Industrial enzyme – Key market driver analysis
9. Industrial enzyme – Key market restraint analysis
10. Industrial enzyme competitive scenario, 2015
11. Industrial enzyme market estimates and forecast in carbohydrase, 2013 - 2024 (USD Million)
12. Industrial enzyme market revenue in carbohydrase, by region, 2013 - 2024 (USD Million)
13. Industrial enzyme market estimates and forecast in proteases, 2013 - 2024 (USD Million)
14. Industrial enzyme market revenue in proteases, by region, 2013 - 2024 (USD Million)
15. Industrial enzyme market estimates and forecast in lipases, 2013 - 2024 (USD Million)
16. Industrial enzyme market revenue in lipases, by region, 2013 - 2024 (USD Million)
17. Industrial enzyme market estimates and forecast in polymerases & nucleases, 2013 - 2024
(USD Million)
18. Industrial enzyme market revenue in polymerases & nucleases, by region, 2013 - 2024 (USD
Million)
19. Industrial enzyme market estimates and forecast in others, 2013 - 2024 (USD Million)
20. Industrial enzyme market revenue in others, by region, 2013 - 2024 (USD Million)
21. Industrial enzyme market estimates and forecast in technical, 2013 - 2024 (USD Million)
22. Industrial enzyme market revenue in technical, by region, 2013 - 2024 (USD Million)
23. Industrial enzyme market estimates and forecast in feed additive, 2013 - 2024 (USD Million)
24. Industrial enzyme market revenue in feed additive, by region, 2013 - 2024 (USD Million)
25. Industrial enzyme market estimates and forecast in food processing, 2013 - 2024 (USD
Million)
26. Industrial enzyme market revenue in food processing, by region, 2013 - 2024 (USD Million)
27. Industrial enzyme market estimates and forecast in food & beverage, 2013 - 2024 (USD
Million)
28. Industrial enzyme market revenue in food & beverage, by region, 2013 - 2024 (USD Million)
29. Industrial enzyme market estimates and forecast in detergents, 2013 - 2024 (USD Million)
30. Industrial enzyme market revenue in detergents, by region, 2013 - 2024 (USD Million)
31. Industrial enzyme market estimates and forecast in animal feed, 2013 - 2024 (USD Million)
32. Industrial enzyme market revenue in animal feed, by region, 2013 - 2024 (USD Million)
33. Industrial enzyme market estimates and forecast in textile, 2013 - 2024 (USD Million)
34. Industrial enzyme market revenue in textile, by region, 2013 - 2024 (USD Million)
35. Industrial enzyme market estimates and forecast in paper & pulp, 2013 - 2024 (USD Million)
36. Industrial enzyme market revenue in paper & pulp, by region, 2013 - 2024 (USD Million)
37. Industrial enzyme market estimates and forecast in nutraceutical, 2013 - 2024 (USD Million)
38. Industrial enzyme market revenue in nutraceutical, by region, 2013 - 2024 (USD Million)
39. Industrial enzyme market estimates and forecast in personal care & cosmetics, 2013 - 2024
(USD Million)
40. Industrial enzyme market revenue in personal care & cosmetics, by region, 2013 - 2024
(USD Million)
41. Industrial enzyme market estimates and forecast in wastewater, 2013 - 2024 (USD Million)
42. Industrial enzyme market revenue in wastewater, by region, 2013 - 2024 (USD Million)
43. North America industrial enzyme market estimates and forecast, 2013 - 2024 (USD Million)
44. North America industrial enzyme market revenue, by product, 2013 - 2024 (USD Million)
45. North America industrial enzyme market revenue, by application, 2013 - 2024 (USD
Million)
46. North America industrial enzyme market revenue, by end-use, 2013 - 2024 (USD Million)
47. U.S. industrial enzyme market estimates and forecast, 2013 - 2024 (USD Million)
48. U.S. industrial enzyme market revenue, by product, 2013 - 2024 (USD Million)
49. U.S. industrial enzyme market revenue, by application, 2013 - 2024 (USD Million)
50. U.S. industrial enzyme market revenue, by end-use, 2013 - 2024 (USD Million)
51. Canada industrial enzyme market estimates and forecast, 2013 - 2024 (USD Million)
52. Canada industrial enzyme market revenue, by product, 2013 - 2024 (USD Million)
53. Canada industrial enzyme market revenue, by application, 2013 - 2024 (USD Million)
54. Canada industrial enzyme market revenue, by end-use, 2013 - 2024 (USD Million)
55. Mexico industrial enzyme market estimates and forecast, 2013 - 2024 (USD Million)
56. Mexico industrial enzyme market revenue, by product, 2013 - 2024 (USD Million)
57. Mexico industrial enzyme market revenue, by application, 2013 - 2024 (USD Million)
58. Mexico industrial enzyme market revenue, by end-use, 2013 - 2024 (USD Million)
59. Europe industrial enzyme market estimates and forecast, 2013 - 2024 (USD Million)
60. Europe industrial enzyme market revenue, by product, 2013 - 2024 (USD Million)
61. Europe industrial enzyme market revenue, by application, 2013 - 2024 (USD Million)
62. Europe industrial enzyme market revenue, by end-use, 2013 - 2024 (USD Million)
63. Germany industrial enzyme market estimates and forecast, 2013 - 2024 (USD Million)
64. Germany industrial enzyme market revenue, by product, 2013 - 2024 (USD Million)
65. Germany industrial enzyme market revenue, by application, 2013 - 2024 (USD Million)
66. Germany industrial enzyme market revenue, by end-use, 2013 - 2024 (USD Million)
67. UK industrial enzyme market estimates and forecast, 2013 - 2024 (USD Million)
68. UK industrial enzyme market revenue, by product, 2013 - 2024 (USD Million)
69. UK industrial enzyme market revenue, by application, 2013 - 2024 (USD Million)
70. UK industrial enzyme market revenue, by end-use, 2013 - 2024 (USD Million)
71. France industrial enzyme market estimates and forecast, 2013 - 2024 (USD Million)
72. France industrial enzyme market revenue, by product, 2013 - 2024 (USD Million)
73. France industrial enzyme market revenue, by application, 2013 - 2024 (USD Million)
74. France industrial enzyme market revenue, by end-use, 2013 - 2024 (USD Million)
75. Asia Pacific industrial enzyme market estimates and forecast, 2013 - 2024 (USD Million)
76. Asia Pacific industrial enzyme market revenue, by product, 2013 - 2024 (USD Million)
77. Asia Pacific industrial enzyme market revenue, by application, 2013 - 2024 (USD Million)
78. Asia Pacific industrial enzyme market revenue, by end-use, 2013 - 2024 (USD Million)
79. China industrial enzyme market estimates and forecast, 2013 - 2024 (USD Million)
80. China industrial enzyme market revenue, by product, 2013 - 2024 (USD Million)
81. China industrial enzyme market revenue, by application, 2013 - 2024 (USD Million)
82. China industrial enzyme market revenue, by end-use, 2013 - 2024 (USD Million)
83. India industrial enzyme market estimates and forecast, 2013 - 2024 (USD Million)
84. India industrial enzyme market revenue, by product, 2013 - 2024 (USD Million)
85. India industrial enzyme market revenue, by application, 2013 - 2024 (USD Million)
86. India industrial enzyme market revenue, by end-use, 2013 - 2024 (USD Million)
87. Japan industrial enzyme market estimates and forecast, 2013 - 2024 (USD Million)
88. Japan industrial enzyme market revenue, by product, 2013 - 2024 (USD Million)
89. Japan industrial enzyme market revenue, by application, 2013 - 2024 (USD Million)
90. Japan industrial enzyme market revenue, by end-use, 2013 - 2024 (USD Million)
91. Latin America industrial enzyme market estimates and forecast, 2013 - 2024 (USD Million)
92. Latin America industrial enzyme market revenue, by product, 2013 - 2024 (USD Million)
93. Latin America industrial enzyme market revenue, by application, 2013 - 2024 (USD Million)
94. Latin America industrial enzyme market revenue, by end-use, 2013 - 2024 (USD Million)
95. Brazil industrial enzyme market estimates and forecast, 2013 - 2024 (USD Million)
96. Brazil industrial enzyme market revenue, by product, 2013 - 2024 (USD Million)
97. Brazil industrial enzyme market revenue, by application, 2013 - 2024 (USD Million)
98. Brazil industrial enzyme market revenue, by end-use, 2013 - 2024 (USD Million)
99. MEA industrial enzyme market estimates and forecast, 2013 - 2024 (USD Million)
100. MEA industrial enzyme market revenue, by product, 2013 - 2024 (USD Million)
101. MEA industrial enzyme market revenue, by application, 2013 - 2024 (USD Million)
102. MEA industrial enzyme market revenue, by end-use, 2013 - 2024 (USD Million)
103. South Africa industrial enzyme market estimates and forecast, 2013 - 2024 (USD Million)
104. South Africa industrial enzyme market revenue, by product, 2013 - 2024 (USD Million)
105. South Africa industrial enzyme market revenue, by application, 2013 - 2024 (USD Million)
106. South Africa industrial enzyme market revenue, by end-use, 2013 - 2024 (USD Million)
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List of Figures
1. Industrial enzymes market segmentation
2. Industrial enzymes market estimates and forecast, 2013 - 2024 (USD Million)
3. Industrial enzymes market - Value chain analysis
4. Industrial enzymes market dynamics
5. Industrial enzymes market - Key opportunities prioritized
6. Industrial enzymes market Porter’s analysis
7. Industrial enzymes market PESTEL analysis
8. Industrial enzymes market revenue share by product, 2015 & 2024
9. Industrial enzymes market revenue share by application, 2015 & 2024
10. Industrial enzymes market revenue share by end-use, 2015 & 2024
11. Industrial enzymes market revenue share by region, 2015 & 2024
Further key findings from the report suggest:





Industrial enzymes demand for lipases is expected to witness substantial growth, growing
at over 8.0% from 2016 to 2024. Increasing demand for the product in food & beverage
and textile industry is expected to augment growth over the forecast period.
The feed additive enzymes are expected to be the fastest growing product segment,
growing at over CAGR 9.0% from 2016 to 2024. The increasing use of enzymes as a
protein source in animal feed is to improve performance in livestock which in turn is
anticipated to drive demand over the projected period.
Asia Pacific is expected to witness substantial growth, growing at a CAGR of over 10.0%
from 2016 to 2024. Robust expansion in food processing industries particularly in Asia
Pacific is expected to augment growth. Furthermore, the supportive regulations
promoting the expansion of manufacturing industries is expected to have a positive
impact on market growth.
Europe accounted for over 29.0% of the market share in 2015 and is expected to witness
significant growth owing to rising demand in pharmaceutical and textile industry.
Stringent regulations prohibiting the use of toxic chemicals and catalysts in various
applications is expected to positively impact market over the next eight years.
Key players in the industry include BASF SE, Koninklijke DSM N.V, Novozymes A/S.,
Associated British Foods PLC E. I. Du Pont De Nemours and Company Adisseo France
SaS, Dyadic International Incorporated CHR, Codexis Incorporated. Hansen Holding
A/S, and Amano Enzyme Incorporated.
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Grand View Research has segmented the industrial enzymes market on the basis of product,
application, end-use and region:
Industrial Enzymes Market Product Outlook (Revenue, USD Million, 2013 - 2024)





Carbohydrase
Proteases
Lipases
Polymerases & nucleases
Others
Industrial Enzymes Market Application Outlook (Revenue, USD Million, 2013 - 2024)



Technical
Feed additive
Food processing
Industrial Enzymes Market End-use Outlook (Revenue, USD Million, 2013 - 2024)








Food & beverage
Detergents
Animal feed
Textile
Paper & pulp
Nutraceutical
Personal care & cosmetics
Wastewater
Industrial Enzymes Market Regional Outlook (Revenue, USD Million, 2013 - 2024)





North America
 U.S.
 Canada
 Mexico
Europe
 Germany
 UK
 France
Asia Pacific
 China
 India
 Japan
Latin America
 Brazil
Middle East & Africa
 South Africa
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About Grand View Research
Grand View Research, Inc. is a market research and consulting company that provides off-theshelf, 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.
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The global industrial enzymes market is expected to reach USD 9.63 billion by 2024, according to a new report by Grand View Research, Inc. The market is expected to witness significant growth owing to increasing substitution of chemicals with industrial enzymes particularly in food & beverage and nutraceutical applications. For More Information, Visit - http://www.grandviewresearch.com/industry-analysis/industrial-enzymes-market