Nanozyme is a series of nanomaterials with enzyme-mimetic activities that can proceed with the catalytic reactions of natural enzymes. Nanozyme has constructed metal sites (type I nanozymes), such as metal oxides or metal sulphides, to mimic the metal catalytic active site found in metalloenzymes. The redox properties of metal and metaloxide nanozymes are mainly responsible for their regulatory action, analogous to natural enzymes containing metal centers. Similar to natural enzymes, the activities of active metal nanozymes can be tuned by many factors, such as pH, temperature, surrounding environment and others.
Surge in application areas of nanozymes manufactured with metal nanoparticles and increasing demand for active metal centre mimic nanozymes from healthcare and pharmaceutical industries are the major factors driving the growth of nanozymes market over the projection period. Furthermore, rapid growth of healthcare sector is one of other factors anticipated to boost the market growth over the time. Furthermore, active metal based nanozymes enable biomedical advances and demonstrate basic design strategies to improve diagnostic and therapeutic efficacy in various diseases, is projected to drive the market growth. On the other hand, the development of the active metal center mimic nanozymes market is likely to be hampered due to the unpredictability and high cost of method assembly. Also, the cost of metal nanoparticles is generally exorbitant in emerging financial districts.
Moreover, the rise in demand for nanozymes materials from the biomedical industry and rising need low-cost and highly stable enzymes, are some of the major factors propelling growth of the market. In the healthcare sector, nanozymes are used for various application such as point-of-care (POC) for diagnosis and detection, drug deliveries and others. In recent years, there has been an increase in the occurrence of disorders related to metabolism, and correct understanding of enzyme abnormality has resulted in an increase in the use of enzymes as disease markers in clinical examinations. In addition, enzyme-based biosensors have grown significantly in popularity among medical practitioners over the time. As a result, market penetration for diagnostic and research applications is expected to rise.
For instance, the development of amperometry-based enzyme biosensors is on the rise which is attributed to their interdisciplinary approach involving materials science, electrochemistry, enzymology, polymer synthesis, and biological chemistry. Rising research activities are being targeted towards exploring the potential and accuracy of such biosensors for research as well as diagnostic applications.
The nanozymes market is segmented on the basis of type, application and region. On the basis of type, the nanozymes market is classified into active metal center mimic, functional mimic, nanocomposites, and 3D structural mimic. On the basis of application, the market is categorized into healthcare industry, chemical industry, agriculture, and others. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The major players operating in the industry include Profacgen, Max Systems LLC, FutureX Industries, Nano Medichem (P) Ltd., and Emergene Agrinovo Private Limited. These players have adopted product launch, acquisition, and business expansion as their key strategies to increase their market shares.
IMPACT OF COVID-19 ON THE GLOBAL NANOZYMES MARKET
After COVID-19 pandemic, increasing consumption of enzymes due to restoration of demand for cosmetics, food, and other biological components is expected to offer numerous growth opportunities to the enzymes market in the post-pandemic period. Along with this, strategic alliances in the form of collaborations and partnerships are expected to help in the growth of the nanozymes market.Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the nanozymes market analysis from 2021 to 2031 to identify the prevailing nanozymes market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the nanozymes market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global nanozymes market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Type
- 3D Structural Mimic
- Active Metal Centre Mimic
- Functional Mimic
- Nanocomposite
By Application
- Healthcare
- Chemical
- Agriculture
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- Italy
- Spain
- UK
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- South Africa
- South Arabia
- Rest of LAMEA
Key Market Players
- Profacgen
- FutureX Industries
- Nano medichem
- Max Systems LLC.
- Emergene Agrinovo Private Limited
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Table of Contents
CHAPTER 1: INTRODUCTION1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.3. Porter’s five forces analysis
3.3.1. Moderate bargaining power of suppliers
3.3.2. Moderate bargaining power of buyers
3.3.3. High threat of substitutes
3.3.4. Moderate threat of new entrants
3.3.5. Moderate intensity of rivalry
3.4. Market dynamics
3.4.1. Drivers
3.4.1.1. Increasing demand for nanozymes in biomedical industry
3.4.1.2. Benefiets of nanozymes
3.4.2. Restraints
3.4.2.1. Presence of alternative to nanozymes
3.4.3. Opportunities
3.4.3.1. Increasing demand for nanozymes from food and beverages industry
3.5. COVID-19 Impact Analysis on the market
3.6. Key Regulation Analysis
3.7. Patent Landscape
3.8. Pricing Analysis
3.9. Value Chain Analysis
CHAPTER 4: NANOZYMES MARKET, BY TYPE
4.1. Overview
4.1.1. Market size and forecast
4.2. Active Metal Centre Mimic
4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market share analysis by country
4.3. Functional Mimic
4.3.1. Key market trends, growth factors and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market share analysis by country
4.4. Nanocomposite
4.4.1. Key market trends, growth factors and opportunities
4.4.2. Market size and forecast, by region
4.4.3. Market share analysis by country
4.5. 3D Structural Mimic
4.5.1. Key market trends, growth factors and opportunities
4.5.2. Market size and forecast, by region
4.5.3. Market share analysis by country
CHAPTER 5: NANOZYMES MARKET, BY APPLICATION
5.1. Overview
5.1.1. Market size and forecast
5.2. Healthcare
5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market share analysis by country
5.3. Chemical
5.3.1. Key market trends, growth factors and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market share analysis by country
5.4. Agriculture
5.4.1. Key market trends, growth factors and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market share analysis by country
5.5. Others
5.5.1. Key market trends, growth factors and opportunities
5.5.2. Market size and forecast, by region
5.5.3. Market share analysis by country
CHAPTER 6: NANOZYMES MARKET, BY REGION
6.1. Overview
6.1.1. Market size and forecast By Region
6.2. North America
6.2.1. Key trends and opportunities
6.2.2. Market size and forecast, by Type
6.2.3. Market size and forecast, by Application
6.2.4. Market size and forecast, by country
6.2.4.1. U.S.
6.2.4.1.1. Key market trends, growth factors and opportunities
6.2.4.1.2. Market size and forecast, by Type
6.2.4.1.3. Market size and forecast, by Application
6.2.4.2. Canada
6.2.4.2.1. Key market trends, growth factors and opportunities
6.2.4.2.2. Market size and forecast, by Type
6.2.4.2.3. Market size and forecast, by Application
6.2.4.3. Mexico
6.2.4.3.1. Key market trends, growth factors and opportunities
6.2.4.3.2. Market size and forecast, by Type
6.2.4.3.3. Market size and forecast, by Application
6.3. Europe
6.3.1. Key trends and opportunities
6.3.2. Market size and forecast, by Type
6.3.3. Market size and forecast, by Application
6.3.4. Market size and forecast, by country
6.3.4.1. Germany
6.3.4.1.1. Key market trends, growth factors and opportunities
6.3.4.1.2. Market size and forecast, by Type
6.3.4.1.3. Market size and forecast, by Application
6.3.4.2. France
6.3.4.2.1. Key market trends, growth factors and opportunities
6.3.4.2.2. Market size and forecast, by Type
6.3.4.2.3. Market size and forecast, by Application
6.3.4.3. Italy
6.3.4.3.1. Key market trends, growth factors and opportunities
6.3.4.3.2. Market size and forecast, by Type
6.3.4.3.3. Market size and forecast, by Application
6.3.4.4. Spain
6.3.4.4.1. Key market trends, growth factors and opportunities
6.3.4.4.2. Market size and forecast, by Type
6.3.4.4.3. Market size and forecast, by Application
6.3.4.5. UK
6.3.4.5.1. Key market trends, growth factors and opportunities
6.3.4.5.2. Market size and forecast, by Type
6.3.4.5.3. Market size and forecast, by Application
6.3.4.6. Rest of Europe
6.3.4.6.1. Key market trends, growth factors and opportunities
6.3.4.6.2. Market size and forecast, by Type
6.3.4.6.3. Market size and forecast, by Application
6.4. Asia-Pacific
6.4.1. Key trends and opportunities
6.4.2. Market size and forecast, by Type
6.4.3. Market size and forecast, by Application
6.4.4. Market size and forecast, by country
6.4.4.1. China
6.4.4.1.1. Key market trends, growth factors and opportunities
6.4.4.1.2. Market size and forecast, by Type
6.4.4.1.3. Market size and forecast, by Application
6.4.4.2. India
6.4.4.2.1. Key market trends, growth factors and opportunities
6.4.4.2.2. Market size and forecast, by Type
6.4.4.2.3. Market size and forecast, by Application
6.4.4.3. Japan
6.4.4.3.1. Key market trends, growth factors and opportunities
6.4.4.3.2. Market size and forecast, by Type
6.4.4.3.3. Market size and forecast, by Application
6.4.4.4. South Korea
6.4.4.4.1. Key market trends, growth factors and opportunities
6.4.4.4.2. Market size and forecast, by Type
6.4.4.4.3. Market size and forecast, by Application
6.4.4.5. Australia
6.4.4.5.1. Key market trends, growth factors and opportunities
6.4.4.5.2. Market size and forecast, by Type
6.4.4.5.3. Market size and forecast, by Application
6.4.4.6. Rest of Asia-Pacific
6.4.4.6.1. Key market trends, growth factors and opportunities
6.4.4.6.2. Market size and forecast, by Type
6.4.4.6.3. Market size and forecast, by Application
6.5. LAMEA
6.5.1. Key trends and opportunities
6.5.2. Market size and forecast, by Type
6.5.3. Market size and forecast, by Application
6.5.4. Market size and forecast, by country
6.5.4.1. Brazil
6.5.4.1.1. Key market trends, growth factors and opportunities
6.5.4.1.2. Market size and forecast, by Type
6.5.4.1.3. Market size and forecast, by Application
6.5.4.2. South Africa
6.5.4.2.1. Key market trends, growth factors and opportunities
6.5.4.2.2. Market size and forecast, by Type
6.5.4.2.3. Market size and forecast, by Application
6.5.4.3. South Arabia
6.5.4.3.1. Key market trends, growth factors and opportunities
6.5.4.3.2. Market size and forecast, by Type
6.5.4.3.3. Market size and forecast, by Application
6.5.4.4. Rest of LAMEA
6.5.4.4.1. Key market trends, growth factors and opportunities
6.5.4.4.2. Market size and forecast, by Type
6.5.4.4.3. Market size and forecast, by Application
CHAPTER 7: COMPETITIVE LANDSCAPE
7.1. Introduction
7.2. Top winning strategies
7.3. Product Mapping of Top 10 Player
7.4. Competitive Dashboard
7.5. Competitive Heatmap
7.6. Top player positioning, 2021
CHAPTER 8: COMPANY PROFILES
8.1. Profacgen
8.1.1. Company overview
8.1.2. Key Executives
8.1.3. Company snapshot
8.1.4. Operating business segments
8.1.5. Product portfolio
8.2. Max Systems LLC.
8.2.1. Company overview
8.2.2. Key Executives
8.2.3. Company snapshot
8.2.4. Operating business segments
8.2.5. Product portfolio
8.3. FutureX Industries
8.3.1. Company overview
8.3.2. Key Executives
8.3.3. Company snapshot
8.3.4. Operating business segments
8.3.5. Product portfolio
8.4. Nano medichem
8.4.1. Company overview
8.4.2. Key Executives
8.4.3. Company snapshot
8.4.4. Operating business segments
8.4.5. Product portfolio
8.5. Emergene Agrinovo Private Limited
8.5.1. Company overview
8.5.2. Key Executives
8.5.3. Company snapshot
8.5.4. Operating business segments
8.5.5. Product portfolio
List of Tables
Table 01. Global Nanozymes Market, by Type, 2021-2031 (Revenue, $Thousand)
Table 02. Nanozymes Market for Active Metal Centre Mimic, by Region, 2021-2031 (Revenue, $Thousand)
Table 03. Nanozymes Market for Functional Mimic, by Region, 2021-2031 (Revenue, $Thousand)
Table 04. Nanozymes Market for Nanocomposite, by Region, 2021-2031 (Revenue, $Thousand)
Table 05. Nanozymes Market for 3D Structural Mimic, by Region, 2021-2031 (Revenue, $Thousand)
Table 06. Global Nanozymes Market, by Application, 2021-2031 (Revenue, $Thousand)
Table 07. Nanozymes Market for Healthcare, by Region, 2021-2031 (Revenue, $Thousand)
Table 08. Nanozymes Market for Chemical, by Region, 2021-2031 (Revenue, $Thousand)
Table 09. Nanozymes Market for Agriculture, by Region, 2021-2031 (Revenue, $Thousand)
Table 10. Nanozymes Market for Others, by Region, 2021-2031 (Revenue, $Thousand)
Table 11. Nanozymes Market, by Region, 2021-2031 (Revenue, $Thousand)
Table 12. North America Nanozymes Market, by Type, 2021-2031 (Revenue, $Thousand)
Table 13. North America Nanozymes Market, by Application, 2021-2031 (Revenue, $Thousand)
Table 14. North America Nanozymes Market, by Country, 2021-2031 (Revenue, $Thousand)
Table 15. U.S. Nanozymes Market, by Type, 2021-2031 (Revenue, $Thousand)
Table 16. U.S. Nanozymes Market, by Application, 2021-2031 (Revenue, $Thousand)
Table 17. Canada Nanozymes Market, by Type, 2021-2031 (Revenue, $Thousand)
Table 18. Canada Nanozymes Market, by Application, 2021-2031 (Revenue, $Thousand)
Table 19. Mexico Nanozymes Market, by Type, 2021-2031 (Revenue, $Thousand)
Table 20. Mexico Nanozymes Market, by Application, 2021-2031 (Revenue, $Thousand)
Table 21. Europe Nanozymes Market, by Type, 2021-2031 (Revenue, $Thousand)
Table 22. Europe Nanozymes Market, by Application, 2021-2031 (Revenue, $Thousand)
Table 23. Europe Nanozymes Market, by Country, 2021-2031 (Revenue, $Thousand)
Table 24. Germany Nanozymes Market, by Type, 2021-2031 (Revenue, $Thousand)
Table 25. Germany Nanozymes Market, by Application, 2021-2031 (Revenue, $Thousand)
Table 26. France Nanozymes Market, by Type, 2021-2031 (Revenue, $Thousand)
Table 27. France Nanozymes Market, by Application, 2021-2031 (Revenue, $Thousand)
Table 28. Italy Nanozymes Market, by Type, 2021-2031 (Revenue, $Thousand)
Table 29. Italy Nanozymes Market, by Application, 2021-2031 (Revenue, $Thousand)
Table 30. Spain Nanozymes Market, by Type, 2021-2031 (Revenue, $Thousand)
Table 31. Spain Nanozymes Market, by Application, 2021-2031 (Revenue, $Thousand)
Table 32. UK Nanozymes Market, by Type, 2021-2031 (Revenue, $Thousand)
Table 33. UK Nanozymes Market, by Application, 2021-2031 (Revenue, $Thousand)
Table 34. Rest of Europe Nanozymes Market, by Type, 2021-2031 (Revenue, $Thousand)
Table 35. Rest of Europe Nanozymes Market, by Application, 2021-2031 (Revenue, $Thousand)
Table 36. Asia-Pacific Nanozymes Market, by Type, 2021-2031 (Revenue, $Thousand)
Table 37. Asia-Pacific Nanozymes Market, by Application, 2021-2031 (Revenue, $Thousand)
Table 38. Asia-Pacific Nanozymes Market, by Country, 2021-2031 (Revenue, $Thousand)
Table 39. China Nanozymes Market, by Type, 2021-2031 (Revenue, $Thousand)
Table 40. China Nanozymes Market, by Application, 2021-2031 (Revenue, $Thousand)
Table 41. India Nanozymes Market, by Type, 2021-2031 (Revenue, $Thousand)
Table 42. India Nanozymes Market, by Application, 2021-2031 (Revenue, $Thousand)
Table 43. Japan Nanozymes Market, by Type, 2021-2031 (Revenue, $Thousand)
Table 44. Japan Nanozymes Market, by Application, 2021-2031 (Revenue, $Thousand)
Table 45. South Korea Nanozymes Market, by Type, 2021-2031 (Revenue, $Thousand)
Table 46. South Korea Nanozymes Market, by Application, 2021-2031 (Revenue, $Thousand)
Table 47. Australia Nanozymes Market, by Type, 2021-2031 (Revenue, $Thousand)
Table 48. Australia Nanozymes Market, by Application, 2021-2031 (Revenue, $Thousand)
Table 49. Rest of Asia-Pacific Nanozymes Market, by Type, 2021-2031 (Revenue, $Thousand)
Table 50. Rest of Asia-Pacific Nanozymes Market, by Application, 2021-2031 (Revenue, $Thousand)
Table 51. LAMEA Nanozymes Market, by Type, 2021-2031 (Revenue, $Thousand)
Table 52. LAMEA Nanozymes Market, by Application, 2021-2031 (Revenue, $Thousand)
Table 53. LAMEA Nanozymes Market, by Country, 2021-2031 (Revenue, $Thousand)
Table 54. Brazil Nanozymes Market, by Type, 2021-2031 (Revenue, $Thousand)
Table 55. Brazil Nanozymes Market, by Application, 2021-2031 (Revenue, $Thousand)
Table 56. South Africa Nanozymes Market, by Type, 2021-2031 (Revenue, $Thousand)
Table 57. South Africa Nanozymes Market, by Application, 2021-2031 (Revenue, $Thousand)
Table 58. South Arabia Nanozymes Market, by Type, 2021-2031 (Revenue, $Thousand)
Table 59. South Arabia Nanozymes Market, by Application, 2021-2031 (Revenue, $Thousand)
Table 60. Rest of LAMEA Nanozymes Market, by Type, 2021-2031 (Revenue, $Thousand)
Table 61. Rest of LAMEA Nanozymes Market, by Application, 2021-2031 (Revenue, $Thousand)
Table 62. Profacgen: Key Executives
Table 63. Profacgen: Company Snapshot
Table 64. Profacgen: Product Segments
Table 65. Profacgen: Product Portfolio
Table 66. Max Systems LLC.: Key Executives
Table 67. Max Systems LLC.: Company Snapshot
Table 68. Max Systems LLC.: Product Segments
Table 69. Max Systems LLC.: Product Portfolio
Table 70. Futurex Industries: Key Executives
Table 71. Futurex Industries: Company Snapshot
Table 72. Futurex Industries: Product Segments
Table 73. Futurex Industries: Product Portfolio
Table 74. Nano Medichem: Key Executives
Table 75. Nano Medichem: Company Snapshot
Table 76. Nano Medichem: Product Segments
Table 77. Nano Medichem: Product Portfolio
Table 78. Emergene Agrinovo Private Limited: Key Executives
Table 79. Emergene Agrinovo Private Limited: Company Snapshot
Table 80. Emergene Agrinovo Private Limited: Product Segments
Table 81. Emergene Agrinovo Private Limited: Product Portfolio
List of Figures
Figure 01. Nanozymes Market, 2021-2031
Figure 02. Segmentation of Nanozymes Market, 2021-2031
Figure 03. Top Investment Pockets in Nanozymes Market (2022-2031)
Figure 04. Moderate Bargaining Power of Suppliers
Figure 05. Moderate Bargaining Power of Buyers
Figure 06. High Threat of Substitutes
Figure 07. Moderate Threat of New Entrants
Figure 08. Moderate Intensity of Rivalry
Figure 09. Drivers, Restraints and Opportunities: Globalnanozymes Market
Figure 10. Impact of Key Regulation: Nanozymes Market
Figure 11. Patent Analysis by Company
Figure 12. Patent Analysis by Country
Figure 13. Pricing Analysis: Nanozymes Market 2021 and 2031
Figure 14. Value Chain Analysis: Nanozymes Market
Figure 15. Nanozymes Market, by Type, 2021 (%)
Figure 16. Comparative Share Analysis of Nanozymes Market for Active Metal Centre Mimic, by Country 2021-2031 (%)
Figure 17. Comparative Share Analysis of Nanozymes Market for Functional Mimic, by Country 2021-2031 (%)
Figure 18. Comparative Share Analysis of Nanozymes Market for Nanocomposite, by Country 2021-2031 (%)
Figure 19. Comparative Share Analysis of Nanozymes Market for 3D Structural Mimic, by Country 2021-2031 (%)
Figure 20. Nanozymes Market, by Application, 2021 (%)
Figure 21. Comparative Share Analysis of Nanozymes Market for Healthcare, by Country 2021-2031 (%)
Figure 22. Comparative Share Analysis of Nanozymes Market for Chemical, by Country 2021-2031 (%)
Figure 23. Comparative Share Analysis of Nanozymes Market for Agriculture, by Country 2021-2031 (%)
Figure 24. Comparative Share Analysis of Nanozymes Market for Others, by Country 2021-2031 (%)
Figure 25. Nanozymes Market by Region, 2021
Figure 26. U.S. Nanozymes Market, 2021-2031 ($Thousand)
Figure 27. Canada Nanozymes Market, 2021-2031 ($Thousand)
Figure 28. Mexico Nanozymes Market, 2021-2031 ($Thousand)
Figure 29. Germany Nanozymes Market, 2021-2031 ($Thousand)
Figure 30. France Nanozymes Market, 2021-2031 ($Thousand)
Figure 31. Italy Nanozymes Market, 2021-2031 ($Thousand)
Figure 32. Spain Nanozymes Market, 2021-2031 ($Thousand)
Figure 33. UK Nanozymes Market, 2021-2031 ($Thousand)
Figure 34. Rest of Europe Nanozymes Market, 2021-2031 ($Thousand)
Figure 35. China Nanozymes Market, 2021-2031 ($Thousand)
Figure 36. India Nanozymes Market, 2021-2031 ($Thousand)
Figure 37. Japan Nanozymes Market, 2021-2031 ($Thousand)
Figure 38. South Korea Nanozymes Market, 2021-2031 ($Thousand)
Figure 39. Australia Nanozymes Market, 2021-2031 ($Thousand)
Figure 40. Rest of Asia-Pacific Nanozymes Market, 2021-2031 ($Thousand)
Figure 41. Brazil Nanozymes Market, 2021-2031 ($Thousand)
Figure 42. South Africa Nanozymes Market, 2021-2031 ($Thousand)
Figure 43. South Arabia Nanozymes Market, 2021-2031 ($Thousand)
Figure 44. Rest of LAMEA Nanozymes Market, 2021-2031 ($Thousand)
Figure 45. Top Winning Strategies, by Year
Figure 46. Top Winning Strategies, by Development
Figure 47. Top Winning Strategies, by Company
Figure 48. Product Mapping of Top 10 Players
Figure 49. Competitive Dashboard
Figure 50. Competitive Heatmap: Nanozymes Market
Figure 51. Top Player Positioning, 2021
Executive Summary
According to the report titled, “Nanozymes Market," The nanozymes market was valued at $1.1 million in 2021, and is estimated to reach $1.9 million by 2031, growing at a CAGR of 5.7% from 2022 to 2031.Nanozymes are catalysts that speed up the chemical reaction. Agricultural enzymes are catalysts that accelerate the chemical reaction that unblock the nutrients present in the soil and make it available to plant roots. These nutrients in the absence of an agricultural enzyme are projected to have remained bound to the soil unavailable to the plants.
Furthermore, the public concerns about agrifood safety call for innovative and reformative analytical techniques to meet the inspection requirements of high sensitivity, specificity, and reproducibility. Enzyme-mimetic nanomaterials or nanozymes, which combine enzyme-like properties with nanoscale features, emerge as an excellent tool for quality and safety detection in the agri-food sector, due to not only their robust capacity in detection but also their attraction in future-oriented exploitations. In addition, increase in demand for nanozymes from food safety detection applications due to its high stability and accuracy properties, is projected to boost the market growth during the projection period. Surge in prevalence of foodborne diseases globally is projected to prompt governments, the food industry, and individuals to take several initiatives to ensure food safety and disease prevention.
Moreover, Increase in demand for nanozymes in the North America region is attributed to a strong presence of key end-use industries including chemical, pharmaceuticals, laundry detergent, and food & beverage, along with a wide scope for research & development activities in the major countries of the region. Rise in consumer awareness regarding health boosts the usage of nanozymes for detection of food contaminants in food products, and thus is anticipated to positively impact the demand for nanozymes during the forecast period. The nanozymes market in North America is expected to grow at a significant rate during the forecast period on the account of various technological breakthroughs in the enzyme industry. Nanozymes technology is widely used in the production, isolation, and purification of enzyme insoluble forms. These technologies can produce enzymes that can be used in a wide range of specialized applications, including biochemistry, structural biology, pharmaceuticals, microbiology, diagnostics, and biocatalysts.
Increase in demand for nanozymes from food and beverages industry
It is essential to develop analytical methods for analyzing food contaminants for food safety supervision and risk assessment since food contaminants have posed great threat to human health and show huge risks in food safety. Nevertheless, it remains great challenge to achieve rapid detection of food contaminants, and there are still some technical limitations to fixed. The development of cost-effective, rapid response, high sensitivity, and selectivity detection method for toxins has significant market prospects and huge social benefits. Nanozymes have emerged as robust candidates for enzyme mimicry.Furthermore, an increase in the usage of nanozymes in food quality and safety detection techniques will help to achieve rapid detection of contaminants and it gives correct accuracy in detection tests, in the food industry. Taking advantage of the physiochemical properties of nanozymes, it is supposed be a potential candidate in improving the performance of analytical methods. With the help of nanozymes, it is possible to detect different classes of food contaminants including toxins, pesticide residues, food additives abuse, and microorganism, as well as their application and properties. These advantages of nanozymes are projected to drive the demand in food and beverages industry over the projection period.
The nanozymes market is segmented on the basis of type, application and region. On the basis of type, the nanozymes market is classified into active metal center mimic, functional mimic, nanocomposites, and 3D structural mimic. On the basis of application, the market is categorized into healthcare industry, chemical industry, agriculture, and others. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The major players operating in the industry include Profacgen, Max Systems LLC, FutureX Industries, Nano Medichem (P) Ltd., and Emergene Agrinovo Private Limited. These players have adopted product launch, acquisition, and business expansion as their key strategies to increase their market shares.
COVID-19 Impact Analysis
Several chemical manufacturing companies have either shut down or shrank their operations due to the risk of infections among the workforce where nanozymes are widely used for chemical synthesis and other applications. This has temporarily hampered the demand for the nanozymes market amid the COVID-19 period.Key findings of the study
- On the basis of type, the active metal centre mimic segment is projected to grow at the highest CAGR of approximately 6.1%, in terms of revenue, during the forecast period.
- On the basis of application, the agriculture segment is projected to grow at the CAGR of approximately 5.7% in terms of revenue, during the forecast period.
- On the basis of region, Asia-Pacific is projected to grow at the CAGR of approximately 6.1%, in terms of revenue, during the forecast period.
Companies Mentioned
- Profacgen
- FutureX Industries
- Nano medichem
- Max Systems LLC.
- Emergene Agrinovo Private Limited
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 170 |
Published | December 2022 |
Forecast Period | 2021 - 2031 |
Estimated Market Value ( USD | $ 1.1 million |
Forecasted Market Value ( USD | $ 1.9 million |
Compound Annual Growth Rate | 5.6% |
Regions Covered | Global |
No. of Companies Mentioned | 5 |