Market Size in 2021 | Market Forecast in 2028 | CAGR (in %) | Base Year |
---|---|---|---|
USD 3.1 Billion | USD 6.2 Billion | 5.5% | 2021 |
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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