Global Specialty Enzymes Market to Increase at 7.46% CAGR till 2021, Predicts Infiniti Research in Its Report Recently Added at MarketPublishers.com
22 Jun 2017 • by Natalie Aster
LONDON – Today, enzymes find a wide array of applications in various industries, comprising feed, food, tanning, laundry, textiles, detergent, cosmetics, pharmaceuticals, fine-chemical, etc. The world enzymes industry is broadly segmented into two major categories: specialty enzymes and industrial enzymes.
The world’s specialty enzymes market is anticipated to continue following an upward trend in the coming years, increasing at a 7.46% CAGR during 2017-2021. Robust growth in this market is attributed mainly to significant upturn in the healthcare and pharmaceuticals markets. Meantime, high cost of extremely pure pharmaceutical-grade enzymes will likely perform as the major restraint of the specialty enzymes market.
Escalating investments in R&D, introduction of new applications in pharmaceutical sector, advances in protein engineering and embracing integrated business models are the most noteworthy trends in the world’s specialty enzymes market.
Key vendors in the worldwide specialty enzymes market include BASF, Novozymes, Codexis, AST Anzymes, DSM, Roche, Amano Enzyme, Nutriteck, amid others.
New research publication “Global Specialty Enzymes Market 2017-2021” created by Infiniti Research includes an extensive analysis of the market scenario at different geographical scales as well as presents access to top-level data on the historical, current and forecast market performance. The research report highlights the dynamics of the specialty enzymes market and identifies the key factors shaping the market. It points out the lucrative growth opportunities and main challenges, covers the competitive landscape and reviews the leading companies. In addition, prevailing and emerging market development trends are discussed, and a future outlook through 2021is at hand in this study.
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