13-Apr-2022 | Zion Market Research
Zion Market Research Report states, “Protein Hydrolysis Enzymes market accrued ROI of approximately around US$ 3.1 billion in 2021 and is expected to gain income of almost US$ 6.2 billion in 2028.” It further demonstrates that Protein Hydrolysis Enzymes industry is set to register humungous gains of nearly 5.5% in time interval of 2022 to 2028. Additionally, progression of protein hydrolysis enzymes market over forecasting timespan is subject to large-scale us of protein hydrolysis enzymes in food & beverages, pharmaceuticals, textiles, and detergents & cleansing. For instance, in September 2021, a giant biotech tech firm referred as Novozymes A/S launched Pristine ® -a natural & bio-degradable ingredient and phosphodiesterase enzyme used in detergent- that has ability to resolve consumer problems such as discoloration, yellowing, odor, malodors, hygiene, and color dullness of fabrics. Apart from this, it has also resolved the problem pertaining to hygiene cleansing of clothes required in COVID-19 pandemic and facilitated longevity of fabrics.
Furthermore, humungous need of protein hydrolysates in animal feed will embellish expansion of protein hydrolysis market size. In addition to this, rise in usage of product in bioactive peptides and dairy items will result in huge market earnings over forthcoming years. Massive product penetration in industrial applications & functional items will expedite sales of protein hydrolysis enzymes.
Detergent & Cleansing Segment To Dominate Application Landscape By 2028
Growth of detergent & cleansing segment over forecasting years can be attributed to growing preference for hygiene owing to COVID-19 outbreak along with need for controlling spread of such contagious diseases.
North America To Retain Market Dominance In Assessment Period
Rapid expansion of protein hydrolysis enzymes industry in North America over 2022-2028 can be credited to large-scale use of protein hydrolysis enzymes in animal feed & detergents in countries of region. Apart from this, rapid establishment of pharmaceutical units in region will further augment growth in size of business in North America.
Few of players have exercised hegemony in protein hydrolysis enzymes market and are likely to do so in near future through implementation of new business strategies such as product & technological innovations. These players include Dyadic International, Inc., Koninklijke DSM N.V., Novozymes A/S, AB Enzymes, Solvay Enzymes, Inc., and Specialty Enzymes & Biotechnologies Co.
Browse the full “Protein Hydrolysis Enzymes Market - By Source (Animal, Plant, And Micro-Organism) And By Application (Detergent & Cleansing, Pharmaceutical, Food & Beverages, Textile, And Others): Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends And Forecast, 2022 – 2028.” Report at https://www.zionmarketresearch.com/report/protein-hydrolysis-enzymes-market
The global Protein Hydrolysis Enzymes Market is segmented as follows:
By Source
By Application
By Region
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