The global Protein Hydrolysis Enzymes market size was valued USD 3.1 billion in 2021 and is expected to rise to USD 6.2 billion by 2028 at a CAGR of 5.5%.
The global protein hydrolysis enzymes market accrued earnings worth approximately $3.1 billion in 2021 and is predicted to gain revenue of about $6.2 billion by 2028, with a CAGR of nearly 5.5% over the period from 2022 to 2028. The study provides assessment and analysis of the Protein Hydrolysis Enzymes Market on a global & regional level. It offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2018 to 2021 along with a forecast from 2022 to 2028 based on revenue (USD Billion).
Protein hydrolysis means breaking down of proteins into small peptides and amino acids. Moreover, hydrolysis of protein enzymes is referred as hydrolysis of pancreatic protease through protein hydrolytic process. Additionally, firms use different kinds of enzymes from different sources such as microbes, bacteria, plants, and animals. Furthermore, protein hydrolysis enzymes finds slew of uses in textiles, pharmaceuticals, food, photography, detergents, and animal feeds.
Surge in protease enzyme acceptance due to benefits provided due to protein peptide hydrolysis into amino acids will promulgate scope of protein hydrolysis enzymes market growth over forecasting timeframe. Rise in product penetration in China, Japan, India, and Vietnam will trigger growth of protein hydrolysis enzymes industry over ensuing years. Modification in food protein characteristics and reduction in animal feed costs for hydrolysis of protein enzymes will prompt market demand. Furthermore, a prominent use of protein hydrolysis enzymes in regulating nitrogen content & phosphorous pollution will favorably influence expansion of protein hydrolysis enzymes industry. However, surge in utilization of bio-chemicals as substitute products in industries can hamper growth of protein hydrolysis enzymes market in near future.
Moreover, high demand for protein hydrolysis enzymes in manufacturing enhanced flavors and aromatic hydrolysates for various kinds of food & beverages will steer elevation of protein hydrolysis enzymes market growth graph during forecasting timeframe. Rise in product usage in pharmaceutical sector will boost market trends.
Asia Pacific Protein Hydrolysis Enzymes Market To Experience Rapid Growth Over 2022-2028
Expansion of protein hydrolysis enzymes industry in Asia Pacific zone in forecasting years can be due to massive use of product in flourishing pharmaceutical, detergent, and animal feed sectors. Apart from this, rise in product use in countries such as Vietnam, India, and China will promulgate scope of market expansion in region.
Report Attributes | Report Details |
---|---|
Report Name | Protein Hydrolysis Enzymes Market |
Market Size in 2021 | USD 3.1 Billion |
Market Forecast in 2028 | USD 6.2 Billion |
Compound Annual Growth Rate | CAGR of 5.5% |
Number of Pages | 175 |
Forecast Units | Value (USD Billion), and Volume (Units) |
Key Companies Covered | Standard Fasteners Ltd., Kova Fasteners Pvt. Ltd., LISI Group, Stanley Black & Decker, Nifco, Precision Castparts Corp, Hilti, MW Industries Inc., ATF Inc., Wilhelm Bollhoff GmbH & Co. KG, and Nitto Seiko Co., Ltd. |
Segments Covered | By Source, By Application, And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latian America, Middle East and Africa (MEA) |
Countries Covered | North America: U.S and Canada Europe: Germany, Italy, Russia, U.K, Spain, France, Rest of Europe APAC: China, Australia, Japan, India, South Korea, South East Asia, Rest of Asia Pacific Latin America: Brazil, Argentina, Chile The Middle East And Africa: South Africa, GCC, Rest of MEA |
Base Year | 2020 |
Historical Year | 2016 to 2021 |
Forecast Year | 2022 - 2028 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Few of major participants of protein hydrolysis enzymes market industry are profiled in our report. They are -
By Source
By Application
By Region
FrequentlyAsked Questions
Surge in protease enzyme acceptance due to benefits provided due to protein peptide hydrolysis into amino acids will promulgate scope of protein hydrolysis enzymes market growth over forecasting timeframe.
According to Zion market research report, the global Protein Hydrolysis Enzymes Market accrued earnings worth approximately 3.1(USD Billion) in 2021 and is predicted to gain revenue of about 6.2 (USD Billion) by 2028, is set to record a CAGR of nearly 5.5% over the period from 2022 to 2028.
Asia Pacific will contribute sizably towards the global market revenue over the projected timeline. A massive increase in Protein Hydrolysis Enzymes Market size in sub-continent over 2022-2028 can be due to massive use of product in flourishing pharmaceutical, detergent, and animal feed sectors.
The key industry participants leveraging business space include Koninklijke DSM N.V., Solvay Enzymes, Inc., Novozymes A/S, Dyadic International, Inc., AB Enzymes, and Specialty Enzymes & Biotechnologies Co.
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