Global Specialty Enzymes Market Size, Trends & Growth Opportunity, By Application (Inspection Application, Training Application, Equipment Rental Application, Calibration Application), by Form (Liquid, Dry) By Region and Forecast till 2027
Report ID : QR1001306 | Industries : Chemicals & Materials | Published On :January 2022 | Page Count : 263Global Specialty Enzymes Market
The global Specialty Enzymes market was valued at USD 4400 billion in 2020 which expected to reach USD 6600 billion by 2027 at a CAGR 6.9% from 2020-2027.
Specialty enzymes are proteins that act as biocatalysts in pharmaceutical and diagnostic operations to accelerate reactions and provide desired results. In the biotechnology business, specialty enzymes have been widely used for research, notably in molecular biology.
Market Drivers
The market grew as demand for non-harmful biological catalysts in pharmaceuticals and diagnostics increased. Furthermore, the development of instruments to optimize pharmaceutical production, as well as consumer concerns about quality, has expanded the use of custom enzymes. The specialized enzyme market is growing due to factors such as the multifunctional benefits of specialty enzymes in a variety of applications and technical advancements that reduce the use of chemical catalysts.
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Market Restraints
Legal and ethical difficulties, as well as a lack of consumer understanding about the benefits of specific enzymes, are projected to stymie market expansion, particularly in developing nations. However, the rising pace of industrialization and the adoption of advanced technology in the pharmaceutical business in emerging markets of BRIC countries are projected to open up new prospects in the future.
Impact of COVID-19
The COVID-19 situation is expected to be advantageous. This is owing to an increase in demand for enzymes in nutritional and immunity-boosting products, as well as a shift in customer focus toward home care and in-house food consumption. However, due to intermittent supply chain operations and unknown market conditions as a result of trade bans and lockdowns, the businesses are currently encountering difficulties. This negative impact is projected to be offset by increased demand for enzymes in the food and beverage and pharmaceutical industries.
Market Segmentation
The Global Specialty Enzymes Market is segmented into Application and Form. By Application such as Inspection Application, Training Application, Equipment Rental Application, Calibration Application. Further, market is segmented into By Form such as Liquid, Dry.
Regional Analysis
Global Specialty Enzymes Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America held the greatest market share. Because of the vast number of biopharmaceutical businesses in the United States and favorable government laws the high frequency of digestive problems will further drive demand for digestive aids and supplements in the North American specialty enzymes market.
Key Players
Various key players are listed in this report such as Novozymes, DuPont, F. Hoffmann-La Roche AG, BASF, Life technologies, Advance enzyme Technologies Ltd, Affymetrix, Inc., and Codexis, Inc.
Market Taxonomy
By Application
- Pharmaceuticals
- Research & biotechnology
- Diagnostics
- Biocatalysts
By Form
- Liquid
- Dry
By Region
- North America
- Latin America
- Europe
- China
- Asia Pacific
- Middle East & Africa
Key Questions Addressed by the Report
- What are the Key Opportunities in Global Specialty Enzymes Market?
- What will be the growth rate from 2020 to 2027?
- Which segment/region will have highest growth?
- What are the factors that will impact/drive the Market?
- What is the competitive Landscape in the Industry?
- What is the role of key players in the value chain?
Global Specialty Enzymes Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Specialty Enzymes Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Specialty Enzymes Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Specialty Enzymes Market Share Analysis, By Type
5.3 Global Specialty Enzymes Market Size and Forecast, By Type
5.3.1 Carbohydrases
5.3.2 Proteases
5.3.3 Lipases
5.3.4 Polymerases & nucleases
5.3.5 Other
6 Global Specialty Enzymes Market, By Source
6.1 Y-o-Y Growth Comparison, By Source
6.2 Global Specialty Enzymes Market Share Analysis, By Source
6.3 Global Specialty Enzymes Market Size and Forecast, By Source
6.3.1 Microorganisms
6.3.2 Plants
6.3.3 Animals
7 Global Specialty Enzymes Market, By Application
7.1 Y-o-Y Growth Comparison, By Application
7.2 Global Specialty Enzymes Market Share Analysis, By Application
7.3 Global Specialty Enzymes Market Size and Forecast, By Application
7.3.1 Inspection Application
7.3.2 Training Application
7.3.3 Equipment Rental Application
7.3.4 Calibration Application
8 Global Specialty Enzymes Market, By Form
8.1 Y-O-Y Growth Comparison, By Form
8.2 Global Specialty Enzymes Market Share Analysis, By Form
8.3 Global Specialty Enzymes Market Size and Forecast, By Form
8.3.1 Liquid
8.3.2 Dry
9 Global Specialty Enzymes Market, By Region
9.1 Global Specialty Enzymes Market Share Analysis, By Region
9.2 Global Specialty Enzymes Market Share Analysis, By Region
9.3 Global Specialty Enzymes Market Size and Forecast, By Region
10 North America Specialty Enzymes Market Analysis and Forecast (2021-2027)
10.1 Introduction
10.2 North America Specialty Enzymes Market Share Analysis, By Type
10.3 North America Specialty Enzymes Market Size and Forecast, By Source
10.4 North America Specialty Enzymes Market Size and Forecast, By Application
10.5 North America Specialty Enzymes Market Size and Forecast, By Form
10.6 North America Specialty Enzymes Market Size and Forecast, By Country
10.7.1 U.S.
10.7.2 Canada
10.7.3 Mexico
11 Europe Specialty Enzymes Market Analysis and Forecast (2021-2027)
11.1 Introduction
11.2 Europe Specialty Enzymes Market Share Analysis, By Type
11.3 Europe Specialty Enzymes Market Size and Forecast, By Source
11.4 Europe Specialty Enzymes Market Size and Forecast, By Application
11.5 Europe Specialty Enzymes Market Size and Forecast, By Form
11.6 Europe Specialty Enzymes Market Size and Forecast, By Country
11.6.1 Germany
11.6.2 France
11.6.3 UK
11.6.4. Rest of Europe
12 Asia Pacific Specialty Enzymes Market Analysis and Forecast (2021-2027)
12.1 Introduction
12.2 Asia Pacific Specialty Enzymes Market Share Analysis, By Type
12.3 Asia Pacific Specialty Enzymes Market Size and Forecast, By Source
12.4 Asia Pacific Specialty Enzymes Market Size and Forecast, By Application
12.5 Asia Pacific Specialty Enzymes Market Size and Forecast, By Form
12.6 Asia Pacific Specialty Enzymes Market Size and Forecast, By Country
12.6.1 China
12.7.2 Japan
12.8.3 India
12.9.4. Rest of Asia Pacific
13 Latin America Specialty Enzymes Market Analysis and Forecast (2021-2027)
13.1 Introduction
13.2 Latin America Specialty Enzymes Market Share Analysis, By Type
13.3 Latin America Specialty Enzymes Market Size and Forecast, By Source
13.4 Latin America Specialty Enzymes Market Size and Forecast, By Application
13.5 Latin America Specialty Enzymes Market Size and Forecast, By Form
13.6 Latin America Specialty Enzymes Market Size and Forecast, Country
13.7.1. Brazil
13.8.2. Rest of Latin America
14 Middle East Specialty Enzymes Market Analysis and Forecast (2021-2027)
14.1 Introduction
14.2 Middle East Specialty Enzymes Market Share Analysis, By Type
14.3 Middle East Specialty Enzymes Market Size and Forecast, By Source
14.4 Middle East Specialty Enzymes Market Size and Forecast, By Application
14.5 Middle East Specialty Enzymes Market Size and Forecast, By Form
14.6 Middle East Specialty Enzymes Market Size and Forecast, By Country
14.7.1. Saudi Arabia
14.8.2. UAE
14.9.3. Egypt
14.10.4. Kuwait
14.11.5. South Africa
15Competitive Analysis
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
16 Company Profiles
16.1 Novozymes
16.1.1 Overview
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
17.2. DuPont
17.2.1 Overview
17.2.2 Offerings
17.2.3 Key Financials
17.2.4 Business Segment & Geographic Overview
17.2.5 Key Market Developments
17.2.6 Key Strategies
17.3. F. Hoffmann-La Roche AG
17.3.1 Overview
17.3.2 Offerings
17.3.3 Key Financials
17.3.4 Business Segment & Geographic Overview
17.3.5 Key Market Developments
17.3.6 Key Strategies
17.4 BASF
17.4.1 Overview
17.4.2 Offerings
17.4.3 Key Financials
17.4.4 Business Segment & Geographic Overview
17.4.5 Key Market Developments
17.4.6 Key Strategies
17.5 Life technologies
17.5.1 Overview
17.5.2 Offerings
17.5.3 Key Financials
17.5.4 Business Segment & Geographic Overview
17.5.5 Key Market Developments
17.5.6 Key Strategies
17.6 Advance enzyme Technologies Ltd
17.6.1 Overview
17.6.2 Offerings
17.6.3 Key Financials
17.6.4 Business Segment & Geographic Overview
17.6.5 Key Market Developments
17.6.6 Key Strategies
17.7 Affymetrix, Inc
17.7.1 Overview
17.7.2 Offerings
17.7.3 Key Financials
17.7.4 Business Segment & Geographic Overview
17.7.5 Key Market Developments
17.7.6 Key Strategies
17.8 Codexis, Inc
17.8.1 Overview
17.8.2 Offerings
17.8.3 Key Financials
17.8.4 Business Segment & Geographic Overview
17.8.5 Key Market Developments
17.8.6 Key Strategies