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The carbohydrase market share is expected to increase by USD 920.59 mn from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 5.10%.
This carbohydrase market research report provides valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers carbohydrase market segmentation by application (food and beverages, animal feed, pharmaceuticals, and others) and geography (North America, Europe, APAC, South America, and MEA). The carbohydrase market report also offers information on several market vendors, including Advanced Enzyme Technologies Ltd., Amano Enzyme Inc., Associated British Foods Plc, Aum Enzymes, BASF SE, BRISK Bioscience, Enzyme Development Corp., International Flavors and Fragrances Inc., Koninklijke DSM NV, and Novozymes AS among others.
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The growth in the food and beverages industry is notably driving the carbohydrase market growth, although factors such as high production cost may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the carbohydrase industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Carbohydrase Market Driver
The growth in the food and beverages industry due to the rise in population is one of the key drivers boosting the carbohydrase market growth. Carbohydrase has been identified as a healthy enzyme and is widely used in the F&B industry for enhancing the nutritional value of various food items. Furthermore, amylase is a key type of carbohydrase, which helps in processing starch in prepared meals and improves digestion. The use of carbohydrase is significant in sports drinks, which contain starch, so it can be inexpensively converted into sugar glucose. Enzymes such as carbohydrase are used by industrial applications to improve product quality and reduce the cost of manufacturing. Moreover, these enzymes are biodegradable and reduce environmental pollution. These factors expectedly drive the market growth in the forecast period.
Key Carbohydrase Market Challenge
The high cost of production of enzymes is a major challenge for the carbohydrase market growth. The production of enzymes is done at an industrial fermentation process, which is converted into cellulase by the fungi feeding on the nutrients. Companies continue to develop cost-efficient approaches for enzymes production through R&D activities. The global juice industry is driving the carbohydrase market growth due to individuals becoming aware of the health benefits of juices. The catalytic activities of carbohydrase are temperature and pH-sensitive, restricting the manufacturing process. The temperature sensitivity of the carbohydrase comes out as a challenge to the global carbohydrase market because industrial applications involve high temperatures.
This carbohydrase market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
This statistical study of the carbohydrase market encompasses successful business strategies deployed by the key vendors. The carbohydrase market is fragmented and the vendors are deploying growth strategies such as producing more efficient items to compete in the market.
To make the most of the opportunities and recover from the post-COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The carbohydrase market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
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39% of the market's growth will originate from North America during the forecast period. Canada is the key market for carbohydrase market in North America. Market growth in this region will be faster than the growth of the market in Europe, South America, and MEA.
The R&D activities on the enzymes and the thriving end-use industries will facilitate the carbohydrase market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
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The carbohydrase market share growth by the food and beverages segment will be significant during the forecast period. The rise in the demand for carbohydrase in food processing, baking, dairy products, and brewing has been significantly contributing to the growth of the revenue share in the carbohydrase market. Starch hydrolyzing applications are derived from starch carbohydrases. This hydrolyzed starch is utilized in brewing, syrup, and bakery products. One of the carbohydrase widely used is the juice and wines pectinase in the juice industries. Tea pectinase benefits the mechanical gauntness of tea leaves, reducing the formation of tea dust. Hence, the food and beverages segment is one of the key drivers for the carbohydrase market growth.
This report provides an accurate prediction of the contribution of all the segments to the growth of the carbohydrase market size and actionable market insights on the post-COVID-19 impact on each segment.
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Food Enzymes Market - The Market Share has the potential to grow by $ 763.18 mn during 2021-2025, and the market's growth momentum will accelerate at a CAGR of 6.09%.
Carbohydrase Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.10% |
Market growth 2021-2025 |
$ 920.59 million |
Market structure |
Fragmented |
YoY growth (%) |
4.00 |
Regional analysis |
North America, Europe, APAC, South America, and MEA |
Performing market contribution |
North America at 39% |
Key consumer countries |
US, China, Canada, Germany, and UK |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
Advanced Enzyme Technologies Ltd., Amano Enzyme Inc., Associated British Foods Plc, Aum Enzymes, BASF SE, BRISK Bioscience, Enzyme Development Corp., International Flavors and Fragrances Inc., Koninklijke DSM NV, and Novozymes AS |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this report to meet your requirements. Get in touch
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Application
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
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