Alcohol enzymes occur in various
organisms which eases the inter conversion between aldehydes and alcohol with
the reduction of nicotinamide adenine dinucleotide. They are
significantly-selective catalysts that solve the purpose of inter conversion
of complex molecules to smaller ones in different metabolic reactions.
Different enzymes such as carbohydrases, proteases and lipases are used which
are majorly consumed to manufacture biocatalysts, pharmaceuticals, bio-fuels,
cleaning agents, and food & beverages.
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Alcohol enzymes form an important
part of the global manufacturing industry and play a vital role in ensuring
yield optimization as well as enhancing chemical processes. Moreover, due to
growing population coupled with the rising disposable income has created a
significant demand for consumer products such as cleaning agents, bio-fuels,
and food & beverages. The industry has also been witnessing positive
growth due to specialty and industrial utilization of alcohol enzymes.
Factors such as growing demand for
cosmetics and rising awareness regarding healthcare have augmented the demand
for pharmaceuticals in cosmetics and drugs. Other factors such as
technological advancement in waste and energy saving logistics have also
contributed to the growth of the alcohol enzymes market. However, regulations
on the production of alcoholic beverages, brewing industry, and utilization of
synthetic food ingredients are expected to slow down the growth of this
market. North America is one of the largest consumers for alcohol enzymes,
followed by Europe where the demand for these enzymes has increased in recent
years owing to introduction of new drugs implemented in enzyme replacement
industry. Future market growth is expected to be from Asia Pacific where
increasing use of bio-fuels is expected to provide new opportunities for the
growth of the market.
ABF PLC, Advanced Enzyme Technology
Ltd., Amano Enzyme Inc., Dyadic International Inc., Novozymes A/S, Roquette
Freres and The Soufflet Group are some of the major producers for alcohol
enzymes.
This research report analyzes this
market depending on its market segments, major geographies, and current market
trends. Geographies analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This report provides comprehensive
analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for
upcoming years
This report is a complete study of
current trends in the market, industry growth drivers, and restraints. It
provides market projections for the coming years. It includes analysis of
recent developments in technology, Porter’s five force model analysis and
detailed profiles of top industry players. The report also includes a review
of micro and macro factors essential for the existing market players and new
entrants along with detailed value chain analysis.
Reasons for Buying this Report
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growth
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growth map over time to understand the industry growth rate
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forecast assessed on the basis of how the market is predicted to
grow
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graphics and exemplified SWOT analysis of major market segments
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