Enzymes Market Is Expected to Reach USD 7,652.0 Million by 2020 : Hexa Reports

Get key Market Research Reports and Insightful Company Profiles
Market Research on “Enzymes Market” is expected to reach USD 7,652.0 million by 2020. Increased demand for applications such as food and beverage and detergents expected to drive the market over the forecast period.

Enzymes Market – In addition, increasing application scope in animal feed industry is further expected to augment the demand for enzymes over the next six years.Food and beverage was the largest application segment for the market, accounting for 37.5% of global revenue in 2013. Increasing demand for processed food coupled with improving food quality is expected to play a major role in the development of the application. Detergents were the second largest application segment, with market revenue exceeding USD 900 million in 2013.

Browse Detail Report with TOC @ http://www.hexareports.com/report/enzymes-market-analysis-by-product-carbohydrase-proteases-lipases-polymerases-amp-nucleases-and-segment-forecasts-to-2020/details

Further key findings from the study suggest:

North America was the largest regional market for enzymes with market revenue of USD 1,648.6 million in 2013. The growing demand in food and beverage application is expected to be a key factor contributing to the high demand. Asia Pacific is expected to be the fastest growing market at an estimated CAGR of 9.4% from 2014 to 2020.

Carbohydrase was the most dominant enzyme, accounting for 45% of global market revenue in 2013. Proteases followed carbohydrase in terms of revenue with a market worth USD 1,211.8 million in 2013.

The global enzyme market is consolidated with the top three companies accounting for 75% of global revenue in 2013. The key participants in the market include DSM, Danisco, BASF and ADM among others.

Related Reports:

Global Mass Spectrometry Market 2015-2019 –

Global Mercury Market 2015-2019 –

Global Xenon Gas Market – Market Research Report 2015-2019 –

For the purpose of this study, Grand View Research has segmented the global Enzymes market on the basis of application, product and region:

Enzymes Product Outlook (Revenue, USD Million, 2012 – 2020)

Polymerases & nucleases

Enzymes Application Outlook (Revenue, USD Million, 2012 – 2020)

Food & beverages
Animal feed

Enzyme Regional Outlook (Revenue, USD Million, 2012 – 2020)

North America
Asia Pacific

Request a sample copy of this Report @ http://www.hexareports.com/sample/42772

About Us:
Hexa Reports is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe.We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact Information:

Ryan Shaw
Hexa Reports
Felton Office Plaza,
6265 Highway 9,
Felton, California, 95018,
United States
Phone Number
Email Us: sales@hexareports.com
Our Website: http://www.hexareports.com

Media Contact
Company Name: Hexa Reports
Contact Person: Ryan Shaw
Email: Send Email
Phone: 1-800-489-3075
Address:Felton Office Plaza, 6265 Highway 9
City: Felton
State: California
Country: United States
Website: http://www.hexareports.com/report/enzymes-market-analysis-by-product-carbohydrase-proteases-lipases-polymerases-amp-nucleases-and-segment-forecasts-to-2020/details