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Global Markets for Enzymes in Industrial Applications - Focus on North America

By Bharatbook Subscribe to RSS | May 25th 2012 | Views:
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REPORT HIGHLIGHTS

The global market for industrial enzymes reached $3.6 billion in 2010 and $3.9 billion in 2011. It is expected to grow to $6 billion by 2016, a compound annual growth rate (CAGR) of 9.1%.

The North American market for industrial enzymes reached $1.3 billion in 2010 and $1.4 billion in 2011. It is expected to grow to $2 billion by 2016, a CAGR of 6.5%.

The North American technical enzyme market segment reached $476.9 million in 2010 and $497.3 million in 2011. It is expected to grow to $647.1 million by 2016, a CAGR of 5.5%.

INTRODUCTION

STUDY OBJECTIVES

BCC’s goal in conducting this study is to provide an overview of the current and future characteristics of the global market for industrial enzymes. The key objective is to present a comprehensive analysis of the current market and its future direction in the enzymes market as an important tool for increasing the efficiency and specificity of the products in which the enzymes are used.

This report is an update to the previous report on industrial enzymes and explores the present and future strategies within the industrial enzymes market, which includes the detergent, technical, food and beverages, and animal feed sectors. The improvisation of the market, the setbacks and the needs of the market are discussed in this report. The comparisons, usage, and the advantages and disadvantages of types of enzymes are also portrayed in this report. http://www.bharatbook.com/market-research-reports/biotechnology-market-research-report/global-markets-for-enzymes-in-industrial-applications-focus-on-north-america.html

A detailed analysis of the enzymes industry structure has been conducted. Revenues are broken down by region. Sales figures are estimated for the five-year period from 2011 through 2016. Industry Analysis

Applications for industrial enzymes are also discussed separately in the report, with emphasis of the use in technical enzymes and the food and beverages enzymes. The report also covers significant patents and their allotments in each category.

REASONS FOR DOING THIS STUDY

With an increase in the use of enzymes, enzyme usage is completely justifiable because they are natural and biodegradable. By using biodegradable enzymes as substitutes in the place of chemical-based products, the manufacturing process is being redeveloped into a more environmentally friendly process, with less corrosive conditions. Enzyme compatibility with the environment in addition to their ability to increase process efficiency and provide product specificity has enhanced the enzymes market globally.

R&D spending, along with increasing competition, patent expiries and new technologies, are directing this in a new direction. The industry took a leap in 2010 with new advancements and the need for cost reductions. This study looks at almost all the systems affected by various factors.

Acquisition strategies and collaborations by companies are also covered in this report. This study also discusses the strength and weaknesses of each type/ technology in light of new technologies, growing competition and changing customer needs.

INTENDED AUDIENCE

This study contributes to the areas of market growth in food and beverages, animal feed, detergents, leather, and other technical enzyme manufacturers and users. Chemical, biochemical and biotechnical companies and industries, and research institutes will find this study to be of interest.

SCOPE OF THE STUDY

The scope of this study encompasses the industrial enzymes, bio-technical, chemical and biotechnology markets. BCC analyzes each market and its applications, regulatory environment, technology involved, market projections and market share. Technological issues include the latest trends and developments.

METHODOLOGY

BCC conducted a comprehensive literature search, which included technical newsletters and journals, and many other sources. Data were collected through interviews and correspondence with various chemical, biotechnical, food and beverages, and technical experts. Projections were based on estimates such as the current number of end users, potential end users, mergers and acquisitions, and market trends.

INFORMATION SOURCES

Many companies within the industry were surveyed to obtain data for this study. Included were manufacturers and end users of enzymes in the chemical, biotechnology, food and beverages, leather, and detergent industries. Data were gathered from various industry sources. BCC spoke with officials within the industry, consulted newsletters, company literature, product literature and a host of technical articles, journals, indexes and abstracts. Exhaustive investigations of databases by key terminology were completed. In addition, data were compiled from current financial, trade and government sources.

For more information kindly visit :

Global Markets for Enzymes in Industrial Applications - Focus on North America

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Bharat Book Bureau

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Bharatbook - About Author:
Bharat Book Bureau, the leading market research information aggregator provides market research reports, company profiles, country reports, newsletters, and online databases for the past twenty four years to corporate, consulting firms, academic institutions, government departments, agencies etc., globally, including India. Our market research reports help global companies to know different market before starting up business / expanding in different countries across the world.

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