Carbohydrase Market Overview:
Carbohydrase is a set of vital enzymes that help breakdown
carbohydrates to create simple sugars which is vital in the process of
producing glucose for energy. Also used to convert cheap starch syrup into
valuable sugar syrup, carbohydrase has extensive applications in the F&B
industry. Market Research Future (MRFR) has delved into the global carbohydrase
market to determine its growth trajectory for the forecast period from 2020 to
2027. With applications in food & beverage, animal feed, and pharmaceuticals
among others, the market for carbohydrase is expected to expand steadily over
the assessment period. Carbohydrase is witnessing high demand in the global
market due to its increased application in sports drinks.
The global Carbohydrase
Market Size is expected to garner a revenue of USD 5.4
billion by 2027, at a CAGR of approximately 6.5% during the forecast period of
2020-2027.
The increasing health consciousness among consumers has
given rise to more and more people taking up activities to stay healthy. As a
result, the demand and sales of sports drinks have risen steadily, thus driving
the demand for carbohydrase in such beverages. Applications for carbohydrase
across various end-use industries are expanding rapidly. In the F&B sector
dairy, bakery and alcohol manufacturers are witnessing an increased use of
carbohydrase for production purposes, thus driving the market. With a rising
incidence of lactose intolerance among the global population, widespread
urbanization and a general increase in buying power among emerging economies,
carbohydrase has been witnessing a sharp increase in demand. Notably, the
animal feed application also looks highly promising over the forecast period.
Use of carbohydrase in feed, reduces cost while increasing the performance of
the livestock, thus driving the market and creating new opportunities.
Regional Analysis:
The global carbohydrase market has been segmented by region
into Europe, Asia Pacific, North America, and the Rest of the World. The North
American market, primarily due to the presence of Canada and the U.S, has
emerged as the regional market with the most dominant share of the global
carbohydrase market. North America is followed by Europe and both regions have
similar growth trajectories. With the presence of several developed economies
in these regions, the urban areas are fairly pronounced and the key demographic
in North America and Europe have busy lifestyles and largely carbohydrate-
heavy diets. Bakery products are highly popular for quick convenient meal
options on the go. The high demand for bakery items in North America and the
expansion of pharmaceuticals in Europe are some key drivers of growth for the
carbohydrase market. In Europe, the market is led by France, Germany and the UK
as they are the most recognized contributors to market growth. Meanwhile, the
Asia Pacific is growing at the most rapid pace and is expected to be a key
region in the coming years. The presence of emerging economies in the region is
driving the demand for carbohydrase as urban areas expand, and consumer
preferences start to shift. The expansion of carbohydrase applications in the
region animal feed sector, F&B sector, and pharmaceuticals sector will be
vital in the APAC market growth over the upcoming assessment period.
Segmentation:
MRFR has segmented the global Carbohydrase
Market Overview on the basis of type, source, application,
and region. Type has been segmented into cellulases, amylases, pectinase,
lactase, and others. Among these, the amylases segment is the most commonly
used carbohydrase, followed by cellulase. Notably, the lactase segment is on
track to be the fastest growing carbohydrase type over the assessment period.
Source has been segmented to include plants, animals, and microorganisms. Among
these, the microorganism’s segment is expected to lead growth for the market
with the largest share with the animal segment being a close second.
Applications of carbohydrase have been segmented into animal feed,
pharmaceuticals, food & beverages, and others. Among these, the food &
beverage segment has emerged as the largest application due to the high use of
carbohydrase in baking, dairy, and beverage industries. The animal feed segment
appears to be growing at a rapid rate and is slated to witness substantial
growth over the assessment period.
Competitive Landscape:
Amano Enzyme Inc. (China), Specialty Enzymes (China), AB
Enzymes Gmbh (Germany), Advanced Enzymes (India), Novozymes (Denmark), Royal
DSM (The Netherlands), and DuPont (U.S.) are among the leading market players
that MRFR has reviewed with regards to the competition present in the global
carbohydrase market
Related Reports:
Dehydrated
Fruits & Vegetables Market Research Report Information By Type
(Dehydrated Fruits and Dehydrated Vegetables), By Application
(Supermarket/Hypermarket, Specialty Retailers, Convenience Stores, E-Commerce,
and Others), and By Region (North America, Europe, Asia-Pacific, and Rest of
the World)—Forecast till 2030
Rapport
d'étude de marché sur les céréales pour petit déjeuner : informations
par source (blé, riz, avoine, maïs, orge et autres), type d'emballage (boîtes,
sachets et autres), canal de distribution (en magasin et hors magasin) et
région - Prévisions mondiales jusqu'en 2030
オート麦ミルク市場調査レポート：製品タイプ（プレーンおよびフレーバー）、カテゴリ（有機および従来型）、包装タイプ（カートン、ボトルなど）、流通チャネル（店舗ベース、非店舗ベース）、および地域別の情報-2027年までの予測
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