Materials & Chemicals Market Research News

APAC's carbohydrase market estimated to grow at a CAGR of 8.52% during 2016 to 2021 illuminated by new report

Materials & Chemicals Research

Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail

According to the report “APAC Carbohydrase Market by Source (Plants, Animals, Microorganisms), by Type (Amylases, Cellulases), by Application (Animal Feed, Pharmaceuticals, Food & Beverages, Others), and by Region - Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2016–2021)” published by Market Data Forecast, APAC Carbohydrase Market has been estimated at USD 0.65 billion in 2016 and is projected to reach USD 0.98 billion by 2021, at a CAGR of 8.52% during the forecast period from 2016 to 2021.

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The APAC Carbohydrase market is showcasing significant potential in the mentioned forecast period. The market continues to build up momentum with the significant growth in the pharma industry over recent period.

This has led the traffic to turn in the direction of the market.

Carbohydrase is a type of enzyme, with a large family of amylase, cellulase,. Carbohydrase is a crucial raw material in different application in various industries like, food, beverages, pharmaceuticals, animal feed, textile, leather, and others.

One of the key purposes of carbohydrase in these industries is ensure lower greenhouse gas emission and avoid wastage of raw materials.

The pharmaceutical industry has witnessed an evident growth lately, which has been a key factor in the favour of carbohydrase market. Other major factors, driving the growth include emerging applications of carbohydrase, advancements in technology in enzyme engineering, increasing demand in APAC.

On the other hand, the market faces few restraints as well. These include temperature and pH in alpha-amylase activity and high production costs.

These factors have been holding down the market from reaching its actual potential.

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The APAC Carbohydrase market is categorized on the basis of source, application and type. The market segmentation based on type is done into amylases and cellulases.

Based on application, the market is segmented into food and beverages, animal feed, pharmaceuticals and others. Finally, the market is segmented based on sources into, plants, animals and microorganisms.

On the basis of geography, the APAC market is analysed under various regions namely China, India, Australia, Japan and South Korea.

The major companies dominating the APAC Carbohydrase Market:

  • Dyadic International, Inc.
  • Novozymes
  • Advanced Enzymes
  • Royal DSM
  • Amano Enzyme Inc.
  • CHR. Hansen Holding A/S
  • Specialty Enzymes
  • Verenium
  • AB Enzymes Gmbh
  • E.I. Dupont De Nemours & Co.

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