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Specialty Enzymes Market- Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Type (Proteases, Polymerases & Nucleases, Carbohydrase's, Lipases, and Others), By Source, By Application, By Region

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  • 116 Pages
  • March 2023
  • Region: Global
  • TechSci Research
  • ID: 5768483
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Global Specialty Enzymes Market is anticipated to witness a robust CAGR in the forecast period 2024-2028. Complex proteins known as enzymes can cause biochemical reactions in other substances without changing themselves. Detection of the site of damage and subsequent aid in illness diagnosis is facilitated by the selectivity of enzymes to organs or tissues.

Specialty enzymes are used in a variety of diagnostic procedures, including DNA sequencing and manipulation. The demand for enzymes in research & biotechnology and pharmaceutical applications is expected to increase due to the projected decrease in the cost of DNA modification and sequencing.

Moreover, the increasing prevalence of digestive disorders such as indigestion, inflammation, and other diseases such as immunodeficiency and pain further propel the market. Specialty enzymes make it possible to address these problems quickly and effectively, and they have a wide range of applications in numerous industry sectors, which also helps the market expand. Additionally, the specialty enzymes market is anticipated to rise throughout the forecast period due to technical developments in specialty enzymes. Apart from these, favorable government policies for specialty enzymes and technological advancement for new applications propel the Global Specialty Enzymes Market in the forecast period.

Investments By Various Multinational Enzyme Manufacturers

Investments by numerous multinational enzyme producers, including Novozymes, Codexis, and Biocatalysts, have increased. Ongoing investments in genetics and biotechnology drive the market for specialty enzymes because the pharmaceutical industry relies on biotechnology to get around constraints in commercializing successful new small-molecule medications.

Increasing Prevalence of Digestive Disorders

The rising incidence of immune system deficiencies and pain, as well as digestive diseases such as indigestion and inflammations, are contributing to the market growth. Specialty enzymes resolve these issues quickly and efficiently, and they have a wide range of applications and help the market expand. According to data from a new pan-European study, approximately 300 million people in Europe and the Mediterranean region are affected by digestive illnesses, and the related economic expenses are high. Additionally, between 2000 and 2019, all digestive disorders' incidence and mortality rates increased by 26% and 17%, respectively.

Investment in Biotechnology and Genetics by Various Multinational Enzyme Manufacturers

Specialty enzymes are used in a variety of diagnostic procedures, including DNA sequencing and manipulation. The demand for enzymes in research & biotechnology and pharmaceutical applications is expected to increase due to the projected decrease in the cost of DNA modification and sequencing. The need for specialized healthcare enzymes is predicted to rise along with the aging population in developed nations. In 2022, the US Department of Agriculture (USDA) announced a new grant program to make USD500 million available to support American fertilizer production, which can use biotechnology and biomanufacturing advances.

Market Segmentation

The Global Specialty Enzymes Market is segmented based on Type, Source and Application, Regional Distribution, and Competitive Landscape. Based on type, the global specialty enzymes market can be divided into carbohydrases, proteases, lipases, polymerases & nucleases, and others. Based on the Source, the market is divided into Microorganisms, Plants, and Animals. Based on Application, the market is divided into Biotechnology, Pharmaceuticals, Diagnostics, and Research & Development.

Market Players

F. Hoffmann-La Roche AG, Codexis Inc., BASF SE, Koninklijke DSM N.V., DuPont Nutrition Biosciences, Advanced Enzyme Technologies Limited, Novozymes A/S, Amano Enzyme Inc., and Sekisui Diagnostics are some of the key players operating in the market.

Report Scope:

In this report, Global Specialty Enzymes market has been segmented into the following categories, in addition to the industry trends, which have also been detailed below:

Specialty Enzymes Market, By Type:

  • Proteases
  • Polymerases & Nucleases
  • Carbohydrase’s
  • Lipases
  • Others

Specialty Enzymes Market, By Source:

  • Microorganisms
  • Plants
  • Animals

Specialty Enzymes Market, By Application:

  • Biotechnology
  • Pharmaceuticals
  • Diagnostics
  • Research & Development

Specialty Enzymes Market, By Region:

  • Europe
  • France
  • Germany
  • United Kingdom
  • Italy
  • Spain
  • Denmark
  • Switzerland
  • Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • North America
  • United States
  • Canada
  • Mexico
  • Middle East and Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • Turkey
  • Egypt
  • South Africa
  • South America
  • Brazil
  • Colombia
  • Argentina

Competitive landscape

Company Profiles: Detailed analysis of the major companies present in Global Specialty Enzymes Market.

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Table of Contents

1. Product Overview
1.1. Market Definition
1.2. Scope of the Market
1.2.1. Markets Covered
1.2.2. Years Considered for Study
1.2.3. Key Market Segmentations
2. Research Methodology
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
3. Executive Summary
3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends
4. Global Specialty Enzymes Market Outlook
4.1. Market Size & Forecast
4.1.1. By Value & Volume
4.2. Market Share & Forecast
4.2.1. By Type (Proteases, Polymerases & Nucleases, Carbohydrase’s, Lipases, And Others)
4.2.2. By Source (Microorganisms, Plants, Animals)
4.2.3. By Application (Biotechnology, Pharmaceuticals, Diagnostics, And Research & Development)
4.2.4. By Region (North America, Europe, Asia Pacific, South America, Middle East & Africa)
4.2.5. By Company (2022)
4.3. Market Map
4.3.1. By Type
4.3.2. By Source
4.3.3. By Application
4.3.4. By Region
5. Europe Specialty Enzymes Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value & Volume
5.2. Market Share & Forecast
5.2.1. By Type (Proteases, Polymerases & Nucleases, Carbohydrase’s, Lipases, And Others)
5.2.2. By Source (Microorganisms, Plants, Animals)
5.2.3. By Application (Biotechnology, Pharmaceuticals, Diagnostics, And Research & Development)
5.2.4. By Region
5.3. Europe: Country Analysis
5.3.1. France Specialty Enzymes Market Outlook
5.3.1.1. Market Size & Forecast
5.3.1.1.1. By Value & Volume
5.3.1.2. Market Share & Forecast
5.3.1.2.1. By Type
5.3.1.2.2. By Source
5.3.1.2.3. By Application
5.3.2. Germany Specialty Enzymes Market Outlook
5.3.2.1. Market Size & Forecast
5.3.2.1.1. By Value & Volume
5.3.2.2. Market Share & Forecast
5.3.2.2.1. By Type
5.3.2.2.2. By Source
5.3.2.2.3. By Application
5.3.3. United Kingdom Specialty Enzymes Market Outlook
5.3.3.1. Market Size & Forecast
5.3.3.1.1. By Value & Volume
5.3.3.2. Market Share & Forecast
5.3.3.2.1. By Type
5.3.3.2.2. By Source
5.3.3.2.3. By Application
5.3.4. Italy Specialty Enzymes Market Outlook
5.3.4.1. Market Size & Forecast
5.3.4.1.1. By Value & Volume
5.3.4.2. Market Share & Forecast
5.3.4.2.1. By Type
5.3.4.2.2. By Source
5.3.4.2.3. By Application
5.3.5. Spain Specialty Enzymes Market Outlook
5.3.5.1. Market Size & Forecast
5.3.5.1.1. By Value & Volume
5.3.5.2. Market Share & Forecast
5.3.5.2.1. By Type
5.3.5.2.2. By Source
5.3.5.2.3. By Application
5.3.6. Switzerland Specialty Enzymes Market Outlook
5.3.6.1. Market Size & Forecast
5.3.6.1.1. By Value & Volume
5.3.6.2. Market Share & Forecast
5.3.6.2.1. By Type
5.3.6.2.2. By Source
5.3.6.2.3. By Application
5.3.7. Denmark Specialty Enzymes Market Outlook
5.3.7.1. Market Size & Forecast
5.3.7.1.1. By Value & Volume
5.3.7.2. Market Share & Forecast
5.3.7.2.1. By Type
5.3.7.2.2. By Source
5.3.7.2.3. By Application
6. Asia-Pacific Specialty Enzymes Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Type (Proteases, Polymerases & Nucleases, Carbohydrase’s, Lipases, And Others)
6.2.2. By Source (Microorganisms, Plants, Animals)
6.2.3. By Application (Biotechnology, Pharmaceuticals, Diagnostics, And Research & Development)
6.2.4. By Region
6.3. Asia-Pacific: Country Analysis
6.3.1. China Specialty Enzymes Market Outlook
6.3.1.1. Market Size & Forecast
6.3.1.1.1. By Value & Volume
6.3.1.2. Market Share & Forecast
6.3.1.2.1. By Type
6.3.1.2.2. By Source
6.3.1.2.3. By Application
6.3.2. India Specialty Enzymes Market Outlook
6.3.2.1. Market Size & Forecast
6.3.2.1.1. By Value & Volume
6.3.2.2. Market Share & Forecast
6.3.2.2.1. By Type
6.3.2.2.2. By Source
6.3.2.2.3. By Application
6.3.3. Japan Specialty Enzymes Market Outlook
6.3.3.1. Market Size & Forecast
6.3.3.1.1. By Value & Volume
6.3.3.2. Market Share & Forecast
6.3.3.2.1. By Type
6.3.3.2.2. By Source
6.3.3.2.3. By Application
6.3.4. South Korea Specialty Enzymes Market Outlook
6.3.4.1. Market Size & Forecast
6.3.4.1.1. By Value & Volume
6.3.4.2. Market Share & Forecast
6.3.4.2.1. By Type
6.3.4.2.2. By Source
6.3.4.2.3. By Application
6.3.5. Australia Specialty Enzymes Market Outlook
6.3.5.1. Market Size & Forecast
6.3.5.1.1. By Value & Volume
6.3.5.2. Market Share & Forecast
6.3.5.2.1. By Type
6.3.5.2.2. By Source
6.3.5.2.3. By Application
6.3.5.2.4. By Application
7. North America Specialty Enzymes Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Type (Proteases, Polymerases & Nucleases, Carbohydrase’s, Lipases, And Others)
7.2.2. By Source (Microorganisms, Plants, Animals)
7.2.3. By Application (Biotechnology, Pharmaceuticals, Diagnostics, And Research & Development)
7.2.4. By Region
7.3. North America: Country Analysis
7.3.1. United States Specialty Enzymes Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Value & Volume
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By Type
7.3.1.2.2. By Source
7.3.1.2.3. By Application
7.3.2. Canada Specialty Enzymes Market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Value & Volume
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By Type
7.3.2.2.2. By Source
7.3.2.2.3. By Application
7.3.3. Mexico Specialty Enzymes Market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Value & Volume
7.3.3.2. Market Share & Forecast
7.3.3.2.1. By Type
7.3.3.2.2. By Source
7.3.3.2.3. By Application
8. Middle East and Africa Specialty Enzymes Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Type (Proteases, Polymerases & Nucleases, Carbohydrase’s, Lipases, And Others)
8.2.2. By Source (Microorganisms, Plants, Animals)
8.2.3. By Application (Biotechnology, Pharmaceuticals, Diagnostics, And Research & Development)
8.2.4. By Region
8.3. MEA: Country Analysis
8.3.1. Saudi Arabia Specialty Enzymes Market Outlook
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Value & Volume
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By Type
8.3.1.2.2. By Source
8.3.2. UAE Specialty Enzymes Market Outlook
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Value & Volume
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By Type
8.3.2.2.2. By Source
8.3.2.2.3. By Application
8.3.3. Qatar Specialty Enzymes Market Outlook
8.3.3.1. Market Size & Forecast
8.3.3.1.1. By Value & Volume
8.3.3.2. Market Share & Forecast
8.3.3.2.1. By Type
8.3.3.2.2. By Source
8.3.3.2.3. By Application
8.3.4. Turkey Specialty Enzymes Market Outlook
8.3.4.1. Market Size & Forecast
8.3.4.1.1. By Value & Volume
8.3.4.2. Market Share & Forecast
8.3.4.2.1. By Type
8.3.4.2.2. By Source
8.3.4.2.3. By Application
8.3.5. Turkey Specialty Enzymes Market Outlook
8.3.5.1. Market Size & Forecast
8.3.5.1.1. By Value & Volume
8.3.5.2. Market Share & Forecast
8.3.5.2.1. By Type
8.3.5.2.2. By Source
8.3.5.2.3. By Application
9. South America Specialty Enzymes Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value & Volume
9.2. Market Share & Forecast
9.2.1. By Type (Proteases, Polymerases & Nucleases, Carbohydrase’s, Lipases, And Others)
9.2.2. By Source (Microorganisms, Plants, Animals)
9.2.3. By Application (Biotechnology, Pharmaceuticals, Diagnostics, And Research & Development)
9.2.4. By Region
9.3. South America: Country Analysis
9.3.1. Brazil Specialty Enzymes Market Outlook
9.3.1.1. Market Size & Forecast
9.3.1.1.1. By Value & Volume
9.3.1.2. Market Share & Forecast
9.3.1.2.1. By Type
9.3.1.2.2. By Source
9.3.1.2.3. By Application
9.3.2. Colombia Specialty Enzymes Market Outlook
9.3.2.1. Market Size & Forecast
9.3.2.1.1. By Value & Volume
9.3.2.2. Market Share & Forecast
9.3.2.2.1. By Type
9.3.2.2.2. By Source
9.3.2.2.3. By Application
9.3.3. Argentina Specialty Enzymes Market Outlook
9.3.3.1. Market Size & Forecast
9.3.3.1.1. By Value & Volume
9.3.3.2. Market Share & Forecast
9.3.3.2.1. By Type
9.3.3.2.2. By Source
9.3.3.2.3. By Application
10. Market Dynamics
10.1. Drivers
10.1.1. Increasing Prevalence of Digestive Disorders
10.1.2. High Usage in Drugs Manufacturing
10.1.3. Continued Investment in Biotechnology and Genetics by Various Multinational Enzyme Manufacturers
10.2. Challenges
10.2.1. High cost and Maintenance Issues
10.2.2. Regulatory challenges
11. Market Trends & Developments
11.1. Recent Developments
11.2. Mergers & Acquisitions
11.3. Product Launches
12. Global Specialty Enzymes Market: SWOT Analysis
13. Porter’s Five Forces Analysis
13.1. Competition in the Industry
13.2. Potential of New Entrants
13.3. Power of Suppliers
13.4. Power of Customers
13.5. Threat of Substitute Products
14. Competitive Landscape
14.1. Business Overview
14.2. Company Snapshot
14.3. Products & Services
14.4. Financials (As Reported)
14.5. Recent Developments
14.6. SWOT Analysis
14.6.1. F. Hoffmann-La Roche AG
14.6.2. Codexis Inc.
14.6.3. BASF SE
14.6.4. Koninklijke DSM N.V.
14.6.5. DuPont Nutrition Biosciences
14.6.6. Advanced Enzyme Technologies Limited
14.6.7. Novozymes A/S
14.6.8. Amano enzyme Inc.
14.6.9. BBI Solutions OEM Limited
14.6.10. Sekisui Diagnostics
15. Strategic Recommendations

Companies Mentioned

  • F. Hoffmann-La Roche AG
  • Codexis Inc.
  • BASF SE
  • Koninklijke DSM N.V.
  • DuPont Nutrition Biosciences
  • Advanced Enzyme Technologies Limited
  • Novozymes A/S
  • Amano enzyme Inc.
  • BBI Solutions OEM Limited
  • Sekisui Diagnostics

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