Market Overview:
The global plants specialty source enzymes market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for plant-based enzymes from various end-use industries such as pharmaceuticals, research and biotechnology, and diagnostics. In addition, the growing awareness about the benefits of plant-based enzymes is also contributing to the growth of this market. Based on type, the carbohydrases segment is projected to lead the global plants specialty source enzymes market during the forecast period. The high demand for carbohydrases from various end-use industries is driving its growth in this market.
Product Definition:
A plant specialty source enzyme is an enzyme derived from a plant. These enzymes are often used in the production of foods and beverages. They can also be used in the production of pharmaceuticals, cosmetics, and other consumer products.
Carbohydrases:
Carbohydrases are used for catalyzing the hydrolysis of starch to sugars. They find application in various industries including food & beverages, pharmaceuticals, and cosmetics. Carbohydrase enzymes play an important role in manufacturing processes that ensure high yield and optimum efficiency of products such as fruit juices, beer, bread & bakery products among others. Increasing demand for these enzymes from the aforementioned industries is expected to drive market growth over the forecast period.
Proteases:
Proteases are a group of enzymes that act as protein-digesting agents. They are produced by almost all organisms and play an important role in the digestive system of plants as well as animals. Protease is used to digest proteins, peptides and amino acids from plant materials such as leaves, stem tissues or roots for the purpose of nutrient absorption.
Application Insights:
Plants specialty source enzymes are widely used in the pharmaceutical, research and biotechnology, diagnostics, food and beverages processing industries. Pharmaceutical emerged as the leading application segment owing to its high demand from various healthcare applications. The pharma industry is one of the largest consumers of plant source enzymes due to their ability to enhance drug efficacy and reduce adverse effects.
The pharma industry has witnessed significant growth over recent years on account of increasing government support for promoting new drugs with better quality standards. This trend is expected to continue over next few years which will further propel market growth during forecast period.
Regional Analysis:
North America dominated the global market in 2017. The growth of this region can be attributed to the presence of a large number of key players such as Cargill, Inc.; FMC Corporation; and The Dow Chemical Company. These companies are involved in R&D activities to develop new products for various applications. For instance, in September 2018, researchers at North Carolina State University developed a plant-made specialty enzymes that have potential application across several industries including food & beverage and pharmaceuticals.
Asia Pacific is expected to witness lucrative growth over the forecast period owing to increasing demand from end-use industries such as pharmaceuticals and research & biotechnology coupled with rising awareness about bio-based economy among developing countries like India and China. In addition, growing population coupled with rapid urbanization will boost product consumption across Asia Pacific region over the forecast period (2018 - 2030).
Growth Factors:
- Increasing demand for biofuels: The increasing demand for biofuels is one of the major growth drivers for the plants specialty source enzymes market. Biofuels are produced from plant-based materials and help in reducing greenhouse gas emissions. This is expected to drive the demand for plants specialty source enzymes in the near future.
- Growing awareness about benefits of using plant-based products: There is a growing awareness among consumers about the benefits of using plant-based products, which is expected to boost the growth of the plants specialty source enzymes market in future. Plant-based products are environment friendly and help reduce carbon footprint.
- Rising popularity of organic foods: The popularity of organic foods is another key factor that is anticipated to fuel the growth of plants specialty source enzymes market in coming years. Consumers are increasingly becoming aware about health hazards associated with consumption of processed foods and are shifting towards organic alternatives, which will create opportunities for players operating in this market space .
Scope Of The Report
Report Attributes
Report Details
Report Title
Plants Specialty Source Enzymes Market Research Report
By Type
Carbohydrases, Proteases, Polymerases＆Nucleases, Lipases
By Application
Pharmaceuticals, Research & Biotechnology, Diagnostic, Others
By Companies
Novozymes, Codexis, Affymetrix, Advanced Enzymes Technologies, Amano Enzymes, Biocatalysts, BBI Solutions, Roche CustomBiotech, Sekisui Diagnostics, Merck, Novozymes, Amano Enzymes
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
126
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global Plants Specialty Source Enzymes Market Report Segments:
The global Plants Specialty Source Enzymes market is segmented on the basis of:
Types
Carbohydrases, Proteases, Polymerases＆Nucleases, Lipases
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Pharmaceuticals, Research & Biotechnology, Diagnostic, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Novozymes
- Codexis
- Affymetrix
- Advanced Enzymes Technologies
- Amano Enzymes
- Biocatalysts
- BBI Solutions
- Roche CustomBiotech
- Sekisui Diagnostics
- Merck
- Novozymes
- Amano Enzymes
Highlights of The Plants Specialty Source Enzymes Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Carbohydrases
- Proteases
- Polymerases＆Nucleases
- Lipases
- By Application:
- Pharmaceuticals
- Research & Biotechnology
- Diagnostic
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Plants Specialty Source Enzymes Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Plants specialty enzymes are those that are specifically produced by plants to perform specific tasks. These enzymes can be found in plant cells and tissues, and they help the plants to grow, process food, defend themselves against pests and diseases, or synthesize their own nutrients.
Some of the major companies in the plants specialty source enzymes market are Novozymes, Codexis, Affymetrix, Advanced Enzymes Technologies, Amano Enzymes, Biocatalysts, BBI Solutions, Roche CustomBiotech, Sekisui Diagnostics, Merck, Novozymes, Amano Enzymes.
The plants specialty source enzymes market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Plants Specialty Source Enzymes Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Plants Specialty Source Enzymes Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Plants Specialty Source Enzymes Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Plants Specialty Source Enzymes Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Plants Specialty Source Enzymes Market Size & Forecast, 2018-2028
4.5.1 Plants Specialty Source Enzymes Market Size and Y-o-Y Growth
4.5.2 Plants Specialty Source Enzymes Market Absolute $ Opportunity
Chapter 5 Global Plants Specialty Source Enzymes Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Plants Specialty Source Enzymes Market Size Forecast by Type
5.2.1 Carbohydrases
5.2.2 Proteases
5.2.3 Polymerases＆Nucleases
5.2.4 Lipases
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Plants Specialty Source Enzymes Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Plants Specialty Source Enzymes Market Size Forecast by Applications
6.2.1 Pharmaceuticals
6.2.2 Research & Biotechnology
6.2.3 Diagnostic
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Plants Specialty Source Enzymes Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Plants Specialty Source Enzymes Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Plants Specialty Source Enzymes Analysis and Forecast
9.1 Introduction
9.2 North America Plants Specialty Source Enzymes Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Plants Specialty Source Enzymes Market Size Forecast by Type
9.6.1 Carbohydrases
9.6.2 Proteases
9.6.3 Polymerases＆Nucleases
9.6.4 Lipases
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Plants Specialty Source Enzymes Market Size Forecast by Applications
9.10.1 Pharmaceuticals
9.10.2 Research & Biotechnology
9.10.3 Diagnostic
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Plants Specialty Source Enzymes Analysis and Forecast
10.1 Introduction
10.2 Europe Plants Specialty Source Enzymes Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Plants Specialty Source Enzymes Market Size Forecast by Type
10.6.1 Carbohydrases
10.6.2 Proteases
10.6.3 Polymerases＆Nucleases
10.6.4 Lipases
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Plants Specialty Source Enzymes Market Size Forecast by Applications
10.10.1 Pharmaceuticals
10.10.2 Research & Biotechnology
10.10.3 Diagnostic
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Plants Specialty Source Enzymes Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Plants Specialty Source Enzymes Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Plants Specialty Source Enzymes Market Size Forecast by Type
11.6.1 Carbohydrases
11.6.2 Proteases
11.6.3 Polymerases＆Nucleases
11.6.4 Lipases
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Plants Specialty Source Enzymes Market Size Forecast by Applications
11.10.1 Pharmaceuticals
11.10.2 Research & Biotechnology
11.10.3 Diagnostic
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Plants Specialty Source Enzymes Analysis and Forecast
12.1 Introduction
12.2 Latin America Plants Specialty Source Enzymes Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Plants Specialty Source Enzymes Market Size Forecast by Type
12.6.1 Carbohydrases
12.6.2 Proteases
12.6.3 Polymerases＆Nucleases
12.6.4 Lipases
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Plants Specialty Source Enzymes Market Size Forecast by Applications
12.10.1 Pharmaceuticals
12.10.2 Research & Biotechnology
12.10.3 Diagnostic
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Plants Specialty Source Enzymes Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Plants Specialty Source Enzymes Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Plants Specialty Source Enzymes Market Size Forecast by Type
13.6.1 Carbohydrases
13.6.2 Proteases
13.6.3 Polymerases＆Nucleases
13.6.4 Lipases
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Plants Specialty Source Enzymes Market Size Forecast by Applications
13.10.1 Pharmaceuticals
13.10.2 Research & Biotechnology
13.10.3 Diagnostic
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Plants Specialty Source Enzymes Market: Competitive Dashboard
14.2 Global Plants Specialty Source Enzymes Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Novozymes
14.3.2 Codexis
14.3.3 Affymetrix
14.3.4 Advanced Enzymes Technologies
14.3.5 Amano Enzymes
14.3.6 Biocatalysts
14.3.7 BBI Solutions
14.3.8 Roche CustomBiotech
14.3.9 Sekisui Diagnostics
14.3.10 Merck
14.3.11 Novozymes
14.3.12 Amano Enzymes
