The new report titled ‘Global Specialty Enzymes Market’, published by Emergen Research, is methodically curated by our team of analysts, keeping readers’ understanding in mind, and includes a wide-ranging database of industry distribution. The report commences with a quick but informative introduction of the market, where the global Keyword Market size is explained in detail before estimating its market scope and size. After this, the report discusses the scope and size estimation of the Keyword Market. This is followed by an overview of the market segmentation by type, application, and region. The drivers, restraints, opportunities, and threats are listed for the Keyword global market, followed by industry news and policies.
The report takes a closer look at the historical and current market scenarios to accurately predict the global Specialty Enzymes market outlook over the forecast duration (2019-2027). Researchers have taken a holistic approach towards the global market analysis and highlighted the factors that influence the overall growth of the market. The study involves the use of efficient analytical tools like SWOT analysis and Porter’s Five Forces to inspect the strengths, weaknesses, opportunities, and threats associated with the growth of the various market segments. The report provides crucial details, such as the market shares of the key players, which help the reader attain a comprehensive outlook of the Specialty Enzymes market.
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Specialty enzymes are employed in various diagnostic applications such as DNA manipulation and sequencing. Decline in cost of DNA manipulation and sequencing is projected to drive demand and increase usage of enzymes in research biotechnology and pharmaceuticals applications. Increase in geriatric population in developed countries is also anticipated to boost demand for healthcare specialty enzymes.
Our experienced market research team has provided updated information on the ongoing COVID-19 pandemic and its adverse economic impact in the latter segment of the report. The coronavirus outbreak has led to drastic changes in the current Specialty Enzymes business landscape, limiting the growth opportunities for various manufacturers and buyers for the next few years. Besides making speculations about the market’s post-COVID-19 scenario, the report discusses its existing situation. The report eventually offers conclusive data related to the Specialty Enzymes market growth assessed on both regional and global levels.
Although specialty enzymes technologies are being carried out by several researchers, there is a glut in supply of skilled technicians in areas where technology is used in real-world applications. One of the challenges in this field is lack of manpower who are sufficiently trained to work with advanced gene expression technologies.
Regional Analysis of the Specialty Enzymes Market:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Some Key Highlights from the Report
Microorganisms segment revenue is expected to expand at a substantially rapid CAGR during the forecast period. Main benefit of microbial enzyme production is that it produces large yields on low-cost media in a shorter amount of time. Microbial enzymes are a valuable resource for medicinal treatments as they are economical, consistent, and easy to isolate.
Polymerases nucleases segment is expected to register a significantly robust revenue growth rate over the forecast period due to increased use of polymerases and nucleases enzymes in advanced biotechnology applications such as DNA amplification and DNA sequencing
North America is expected to register a considerably steady revenue growth rate in global specialty enzymes market over the forecast period due to technological advancements in this region which makes enzymes available for a wide range of applications
Major companies in the market report include Novozymes, Kerry, Inc., Chr. Hansen Holding A/S, Dupont De Nemours, Inc., Associate British Foods Plc, Specialty Enzymes Probiotics., AST Enzymes, Sanofi, Amano Enzyme, Amgen Inc., Roche Holding, Codexis, Dyadic International, Thermo Fisher Scientific, Biocatalysts, and Merck KGaA
In November 2021, Novozymes and Novo Nordisk Pharmatech announced a collaboration agreement that combined companies’ joint competencies and interests within development of specialty enzymes for use in biopharma processing and regenerative medicines.
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Emergen Research has segmented global specialty enzymes market on the basis of source, type, form, application, end-user, and region:
- Source Outlook (Revenue, USD Million; 2019–2030)
- Microorganisms
- Plants
- Animals
- Type Outlook (Revenue, USD Million; 2019–2030)
- Carbohydrases
- Amylases
- Cellulases
- Other
- Proteases
- Lipases
- Polymerases Nucleases
- Other Enzymes
- Carbohydrases
- Form Outlook (Revenue, USD Million; 2019–2030)
- Liquid
- Dry
- Application Outlook (Revenue, USD Million; 2019–2030)
- Diagnostic Applications
- Clinical
- Chemistry
- Immunoassay
- Molecular
- Diagnostics
- Other
- Diagnostic
- Applications
- Pharmaceutical Applications
- Infectious Diseases
- Oncology
- Diabetes
- Neurology
- Other
- Food Beverages Applications
- Cosmetic Applications
- Other Applications
- Diagnostic Applications
- End-user Outlook (Revenue, USD Million; 2019–2030)
- Pharmaceutical Industries
- Diagnostic Centers
- Food Industries
- Cosmetic Industries
- Other End-users
Key Questions Answered in the Report:
What is the growth rate of the Specialty Enzymes market? What is the anticipated market valuation of Specialty Enzymes industry by 2027?
What are the key growth driving and restraining factors of the Specialty Enzymes market?
Who are the prominent players operating in the market? What are the key strategies adopted by these companies?
What are the key opportunities and growth prospects of the Specialty Enzymes industry over the forecast period?
Which region is expected to show significant growth in the coming years?
Read More: https://www.emergenresearch.com/industry-report/specialty-enzymes-market
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