iCrowdNewswire Jan 14, 2021 9:00 AM ET
Growing dairy, bakery and alcohol markets is increasing the application of carbohydrase in these industries and in turn driving the growth of carbohydrase market. Moreover, rising population suffering from lactose intolerance is also influencing the growth of lactase in dairy industry resulting to overall growth of carbohydrase market. Additionally, carbohydrase mainly helps to reduce feed cost along with improvising the livestock performance which is acting as a major driver for carbohydrase in animal feed industry. Apart from these advantages, the growth of carbohydrase market may be hampered owing to their inefficiency to act at high pH values.
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Major Key Players
Some of the key players profiled in the Global Carbohydrase Market
- Novozymes (Denmark),
- Amano Enzyme Inc. (China),
- AB Enzymes Gmbh (Germany),
- Royal DSM (The Netherlands),
- DuPont (U.S.),
- Advanced Enzymes (India),
- Specialty Enzymes (China)
Global Carbohydrase Market is segmented into Type, Source, and Application.
On the basis of the type, the carbohydrase market is segmented into amylases, pectinase, cellulases, lactase, and others. Among them, the amylases is the most frequently used carbohydrates followed by the cellulases. However, the lactase is estimated to be the fastest growing segment based on the growing demand for lactose free products.
Based on the application, the carbohydrase market is segmented into food & beverages, animal feed, pharmaceuticals, and others. Among all, the food & beverage segment is dominating the market owing to the increasing application of carbohydrase in bakery, dairy, and beverage industry. However, the animal feed segment is witnessed to gain a substantial growth over the forecast period.
Carbohydrase Market is segmented into Europe, North America, Asia Pacific, and rest of the world (RoW). North America is dominating the market followed by Europe. Asia Pacific is the fastest growing region for carbohydrase market in which emerging markets of India and China are the major contributors. Growing dairy industry in this region is driving the growth of the market.
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