Enzymes are protein-based compounds that catalyze chemical reactions by consuming a substrate and releasing an energy. Enzymes can either be living or non-living; non-living enzymes are generally produced by living enzymes and are commonly produced in various organs of animals and plants. Enzymes play a vital role in metabolism, the chemical processes which control the production and activity of chemical compounds at the level of the gene and protein level.
Enzymes catalyze the chemical reaction by introducing oxygen into the product e, thereby breaking the chemical bond between the bases in the polysaccharides. Some enzymes also help in the breakdown of large organic molecule, like proteins, fats, and carbohydrates, into simpler compounds. The metabolic pathways include the synthesis of glucose by the liver, the conversion of many foods into various energy products like fatty acids and energy, the release of certain neurotransmitters and chemicals, and the construction of ribosomes and other genetic material. The overall function of the metabolic pathways is to produce useful products for the body and use energy to perform many metabolic functions.
Enzymes are important for all living things, being produced by the living organisms as well as other non-bacterial, non-fungal organisms. Enzymes play a key role in the chemical reactions that convert sugars and other biomass to other forms like starch and amino acids. The chemical reaction catalyzed by enzymes converts the substrates (i.e., proteins) into their various forms like amino acids, sugars, fat, etc. Some enzymes also serve as sensors for signals sent by other molecules or cells that are meant for the survival of the organism. Enzymes are widely used in the manufacturing of biofuels, paper, starch, dairy products, and biological detergents. They are also used in molecular biology and in food processing and brewing industries.
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Major players operating in the global enzymes market are focused on adopting partnership strategies to enhance their market share. For instance, in February 2019, Codexis, Inc. partnered with KYORIN Pharmaceuticals Co., Ltd. for the supply of proprietary enzyme.
Global Enzymes Market: Drivers
Significant pharmaceutical industry is expected to drive growth of the global enzymes market over the forecast period. For instance, according to The European Federation of Pharmaceutical Industries and Associations’ Key Data 2019, the pharmaceutical sector in Europe was valued at US$ 139, 287 million in 2000, which increased to US$ 284, 028 million (est.) in 2018.
Moreover, initiatives to boost adoption of sustainable energy is expected to boost demand for biofuels, thereby aiding in growth of the global enzymes market. For instance, in July 2019, Lisbon’s public transportation company Carris collaborated with Prio, a leading advanced fuels and biofuels operator in Portugal, for “Powered by Biodiesel” project to boost sustainable mobility in the country’s capital through the use of 100% used cooking oils.
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Global Enzymes Market: Opportunities
Investment in production of enzymes is expected to offer lucrative growth opportunities for players in the global enzymes market. For instance, in October 2017, BASF SE started its new enzyme-based state-of-the-art production plant for biocatalyzed acrylamide in China.
Moreover, R&D in functional foods is also expected to aid in growth of the market. For instance, in May 2020, researchers from University of Helsinki, Finland, reported evaluating the potential of spruce galactoglucomannan -stabilized emulsions to deliver bioactive compounds through in vitro digestion.
Main points in Enzymes Market Report Table of Content
Chapter 1 Industry Overview
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Global Enzymes Market Size Analysis from 2021 to 2027
11.6 COVID-19 Outbreak: Enzymes Industry Impact
Chapter 2 Global Enzymes Competition by Types, Applications, and Top Regions and Countries
2.1 Global Enzymes (Volume and Value) by Type
2.3 Global Enzymes (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Enzymes Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 5 North America Enzymes Market Analysis
Chapter 6 East Asia Enzymes Market Analysis
Chapter 7 Europe Enzymes Market Analysis
Chapter 8 South Asia Enzymes Market Analysis
Chapter 9 Southeast Asia Enzymes Market Analysis
Chapter 10 Middle East Enzymes Market Analysis
Chapter 11 Africa Enzymes Market Analysis
Chapter 12 Oceania Enzymes Market Analysis
Chapter 13 South America Enzymes Market Analysis
Chapter 14 Company Profiles and Key Figures in Enzymes Business
Chapter 15 Global Enzymes Market Forecast (2021-2027)
Chapter 16 Conclusions
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