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Follow on Google News | Enzymes Market - Industry Trends, Outlook, Regulatory Bodies & Regulations,Key Market Players, foGlobal Enzymes Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast to 2024
A sample of this report is available upon request@ https://www.coherentmarketinsights.com/ Digestive enzymes such as amylase, gelatinase and lipase among others can convert food into usable compounds. Metabolic enzymes including acetyl coenzymes A and Phosphoglycerate Dehydrogenase among others gets generated in the body and helps in blood flow and proper tissue and organ functioning. Food enzymes such as lactase, lipase and protease among others can be 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 industries is anticipated 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 a large end use industries in these developed regions. However, rampant economic growth in emerging economies of India and China along with burgeoning growth of various end-use industries in Asia Pacific are expected to position the region as the fastest growing region in the global enzymes market over the forecast period. Asia Pacific is expected to be the most lucrative region for the enzymes market mostly due to a growing base for pharmaceutical industry and the increasing preference towards functional food among the populace. Enzymes Market Outlook – Consumer Preference towards Functional Food to Drive Market Growth With the specific health attributes that the functional foods provide coupled with growing health awareness is expected to drive the enzymes market over the forecast period. Enzymes are used to manufacture functional foods. Enzymes such as protease, lipase amylase and cellulose are used in functional foods to enhance its functional attributes, including enhanced digestion, anti-oxidation, decreased cell aging, and nutrient properties. For example, in order to lower cholesterol count, omega 3 fatty acids and probiotic yogurts are used as functional foods. Many scientists and researchers claim that omega 3 fatty acids can also help in better brain functioning. According to a study conducted by Coherent Market Insights, the global functional food market is estimated to reach US$ 65 billion by 2024 and is estimated to expand at a CAGR of over 15% over the forecast period. Browse Global Strategic Business Report: https://www.coherentmarketinsights.com/ Detergents containing enzymes may trigger skin allergies. Moreover, high cost of handling enzymes act as barriers for growth of the global enzymes market. There are reported cases of enzymes (sodium tripolyphosphate, sodium alkane carboxylates, bacillus protease) that are used in detergents causing skin and eye infections. Key players in the global enzymes market include Sanofi S.A., BASF, Roche Holding AG, BBI Enzymes Ltd., Codexis Inc., Affymetrix Inc. and AB Enzymes. Enzymes Market Taxonomy On the basis of source, the global market is classified into: · Plant · Animal · Microorganisms On the basis of product type, the global market is classified into: · Ligases · Isomerases · Lyases · Oxidoreductases · Transferases On the basis of application, the global market is classified into: · Digestive Enzymes · Metabolic Enzymes · Cleaning Enzymes On the basis of end-use industry, the global market is classified into: · Food and Beverages · Cosmetics · Pharmaceutical · Biofuel and Gas · Feed · Textile · Paper and Pulp · Detergent · Others About Coherent Market Insights: Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity. End
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