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Enzymes Market report categorizes global market by source, product type, application, end users, and geography - Industry Trends, Outlook, Regulatory Bodies & Regulations and Key Market Players
Enzymes Market Research Report Forecast
Enzymes are molecular catalysts that accelerate chemical reactions to produce
the desired end-result. Enzymes include most proteins and RNA molecules.
Enzyme activity can be regulated by activators and inhibitors, which help
increase and decrease the activity of enzymes, respectively. Among product
types, Lyases help in catalyzing the structural formation of bonds within an
atomic structure by adding or removing chemical groups. The ligases can
catalyze the bonding between different substrates with the help of an energy
source. Isomerases activate the restructuring of chemicals within a particular
molecule. Oxidoreductases help in oxidation reduction, a process in which a
specific atom donates its electron to a different atom, while transferases help in
the transfer of chemical groups from one substance to another.
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Digestive enzymes such as amylase, gelatinase, and lipase have the ability to
convert food into usable compounds. Metabolic enzymes including acetyl
coenzymes A and Phosphoglycerate Dehydrogenase are generated in the body
and help in the optimal functioning of organs and tissues, while also regulating
blood flow. Food enzymes such as lactase, lipase, and protease are extracted
from milk, sugar, oil, meat, and nuts among others.
Factors including growing demand for specialty enzymes, blooming
pharmaceutical industry and focus on increased production in every end-use
industry is expected to drive growth of the global enzymes market over the
forecast period (2016 – 2024).
Europe, followed by North America is expected to lead the global enzymes
market over the forecast period, owing to high demand for functional food and
presence of large end-use industries such as food and pharmaceuticals in these
developed regions.
Asia Pacific is expected to be the most lucrative region in the enzymes market
due to the growing population, which stirs the demand for food and
pharmaceuticals, and the increasing inclination towards functional food among
the populace.
Skin allergies triggered by detergents containing enzymes, coupled with high
costs associated with the safe handling of enzymes act as barriers for growth of
the global enzymes market. Enzymes used in detergents such as sodium
tripolyphosphate, sodium alkane carboxylates, and bacillus protease reportedly
cause skin and eye infections. Key players operating in the global enzymes
market include Sanofi S.A., BASF, Roche Holding AG, BBI Enzymes Ltd.,
Codexis Inc., Affymetrix Inc., and AB Enzymes.
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