The Hydrolase Enzymes Global Market Report 2023, provides comprehensive information on the hydrolase enzymes market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global hydrolase enzymes market size is expected to grow from $5.63 billion in 2022 to $6.12 billion in 2023 at a compound annual growth rate (CAGR) of 8.57%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global hydrolase enzymes market size is expected to reach $7.91 billion in 2027 at a CAGR of 6.65%.
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Product innovations are a key trend gaining popularity in the hydrolase enzyme markets. Major companies operating in the hydrolase enzymes market are introducing innovative products to sustain their position in the market. For instance, Biocatalysts Ltd., a UK-based biotechnology company producing specialty enzymes, introduced Promod™ 517MDP (P517MDP, an enzyme specifically targeting the dairy protein. P517MDP is a very effective exopeptidase that hydrolyzes casein protein to a degree of >40% into smaller component parts, or peptides and amino acids, which can be used in the production of foods for special medical purposes (FSMP*), including specialized infant and follow-on formulas and increases its solubility and improves its digestibility.
The hydrolase enzymes market is segmented:
1) By Product: Esterase, Glycosylases, Peptidases, Other Products
2) By Bond Type: Ester Bonds (Esterases), Sugars (DNA Glycosylases And Glycoside Hydrolase), Ether Bonds (Thioether And Trialkylsulfonium), Peptide Bonds (Peptidases), Carbon-Nitrogen Bonds (Other Than Peptide Bonds), Acid Anhydrides, Carbon-Carbon Bonds, Halide Bonds, Phosphorus-Nitrogen Bonds, Other Bond Types
3) By Application: Pharmaceutical, Food And Beverages, Laundry Detergents, Cosmetics, Textile, Pulp And Paper, Biofuel, Other Applications
North America was the largest region in the hydrolase enzymes market in 2022.
The table of contents in TBRC’s hydrolase enzymes market report includes:
1. Executive Summary
2. Hydrolase Enzymes Market Characteristics
3. Hydrolase Enzymes Market Trends And Strategies
4. Hydrolase Enzymes Market – Macro Economic Scenario
5. Hydrolase Enzymes Market Size And Growth
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26. Africa Hydrolase Enzymes Market
27. Hydrolase Enzymes Market Competitive Landscape And Company Profiles\
28. Key Mergers And Acquisitions In The Hydrolase Enzymes Market
29. Hydrolase Enzymes Market Future Outlook and Potential Analysis
30. Appendix
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