The global protease market could exceed US $ 3 billion by 2024, with a CAGR of over 6%. Population growth in developing countries has increased the demand for convenience foods such as juices, bakery products and snacks, which has increased the demand for proteases in the food and beverage industry. Proteases are considered a valuable catalyst in industrial processes. They carry out the exact reactions that are essential to the manufacturing process, but downstream foods lack the technical capabilities. For example, in the meat industry, enzyme-like papain is used to tender meat. In addition, increasing demand for proteases outside the food and beverage industry is adding fuel to the growth of the global protease market.
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Company Profile
- Advanced Enzyme Technologies Ltd
- Amano Enzyme Inc.
- Associated British Foods plc
- Biocatalysts Limited
- Hansen Holdings A/S
- Dyadic International, Inc.
- I. Du Pont De Nemours and Company
- Koninklijke DSM N.V
- Novozymes A/S
- Specialty Enzymes & Biotechnologies Co.
Market Segmentation
By Source
- Animal
- Plant
- Microbial
By Application
- Food & Beverages
- Livestock Feed
- Soaps & Detergent
- Pharmaceuticals
- Others
By Production
- Fermentation
- Extraction
By Formulation
- Liquid Formulation
- Lyophilized Powder
- Other
By Product
- Animal
- Plant
- Microbial
By Type
- Trypsin
- Renin
- Pepsin
- Papain
- Alkaline Protease
By Form
- Liquid
- Powder
By Application:
- Commercial
- Residential
By Solution:
- Lease accounting and real estate management
- Asset maintenance management
- Workspace and Relocation management
- Reservation management
By End User:
- Property managers
- Housing associations
Scope of the Report
The research study analyzes the global Proteases industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
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Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Proteases Market Report
1. What was the Proteases Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Proteases Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Proteases Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Proteases market.
- The market share of the global Proteases market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Proteases market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Proteases market.
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