Protease is an enzyme that catalyses hydrolytic reactions of long peptide bonds during digestion. Due to its catalytic activity, it has extensive applications in most of the industries. Protease enzyme is used for the variety of applications, largely in pharmaceutical and detergent industries followed by the food industry. In view of the current developing environmental friendly technologies, the protease enzyme has widespread applications in leather treatment and several bio mediation processes. There is a considerable variance in the worldwide requirement of enzymes according to industrial proliferation. Microorganisms are the largest sources of the protease enzyme, and, with the help of an established method of fermentation, protease enzyme can be cultured in large quantities in a short period of time.
Opportunities for Market Participants
As the protease enzyme has been used as a key constituent in multiple industries including pharmaceuticals, chemical industries, biotechnology laboratories, cosmetics and others, it is estimated that the demand for the protease enzyme will increase rapidly. Product developers and manufacturers are showing keen interest in the protease enzyme due to increased demand over the years. Hence, it can be deduced that there will be greater market opportunities and higher returns for those investing in the protease enzyme market.
Global Protease Enzyme Market: Key Players
Some of the key players in the protease enzymes market are
- Novozymes A/S
- Noor Enzymes Pvt. Ltd
- Chr. Hansen Holdings A/S
- E.I. du Pont de Nemours and Company
- Associated British Foods plc
- Koninklijke DSM N.V.
- Advanced Enzymes
- Clerici-Sacco Group
- Renco New Zealand
- Enzyme Development Corporation
An increasing number of industrialists are showing keen interest in developing protease products.
Global Protease Enzyme: Market Segmentation
Based on the basis of source, the protease enzyme market is segmented into:
Based on the product, the protease enzyme market is segmented into:
- Acid stable
On the basis of application, the global protease enzyme market has been segmented into:
- Food industry
- Feed industry
- Chemical industry
- Leather industry
- Textile industry
- Cosmetics & Personal care
On the basis of source, the global protease enzyme market has been segmented into:
Global Protease Enzyme: A Regional Outlook
The protease enzyme is predominantly extracted and processed in North America due to an increase in the number of pharmaceuticals and detergent industries. In Europe, the protease enzyme is highly consumed in chemical industries for the preparation of cleaning solutions. In the regions of Asia Pacific, the protease enzyme is being used in food processing industries in higher quantities. In Latin America, the protease enzyme is utilised in pharmaceuticals.
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