Global Biocatalysis and Biocatalysts Market 2017-2021

Overview of the global biocatalysis and biocatalysts market

Research analysis on the global biocatalysis and biocatalysts market identifies that the rising demand from the food and beverages industry will be one of the major factors that will have a positive impact on the growth of the market. Technavio’s market research analysts predict that in terms of volume, this market will grow at a CAGR of more than 6% by 2021. The changing lifestyle of people and the the increase in per capita income, that led to a shift in food habits, there is an increasing preference for healthier diet and food. This in turn, will fuel the growth prospects of the market since the food industry uses biocatalysts such as carbohydrases, proteases, and lipases due to their properties such as anti-staling and softening that raises the shelf life of food products and beverages.

In terms of geographic regions, Europe will be the major contributor of the biocatalysis and biocatalysts market throughout the forecast period. This is mainly due to Europe's high environmental regulations and the increased demand for biocatalysts in the production of biofuel. The presence of the popular biocatalysts manufacturers in the region also drives the growth of this market.

Competitive landscape and key vendors 

The biocatalysis and biocatalysts market consists five key vendors who hold the maximum market shares. These players have a huge geographical presence with large production facilities located globally. Key vendors are heavily investing in R&D activities to manufacture new products. Investments in R&D will also provide an opportunity for vendors to distinguish their products from their competitors.

The leading vendors in the market are –

• BASF
• Codexis
• DuPont
• Novozymes
• Royal DSM

The other prominent vendors in the market are AB Enzymes, Amano Enzymes, Chr. Hansen, Dyadic International, Soufflet Group, and Lonza.

Segmentation by application and analysis of the biocatalysis and biocatalysts market

• Food and beverages industry
• Detergents industry
• Biofuel production industry
• Agriculture and feed industry
• Biopharmaceutical industry

During 2016, the food and beverages industry accounted for the major shares of the biocatalysis and biocatalysts market. The increase in health consciousness among customers and the rise in usage of biocatalysts to manufacture high-quality wine, will be the major factors contributing to the growth of this industry segment in the coming years.

Segmentation by type and analysis of the biocatalysis and biocatalysts market

• Protease
• Lipase
• Carbohydrase

Protease enzymes are widely used in industrial applications such as detergents, biopharmaceuticals, and food and beverages. Proteases are also increasingly utilized in the biopharmaceutical industry and are manufactured in small amounts.  Wheras, the proteases used in the food and detergents industries are made in large quantities.

Key questions answered in the report include

• What will the market size and the growth rate be of the global biocatalysis and biocatalysts market in 2021?
• What are the key factors driving the global biocatalysis and biocatalysts market?
• What are the key market trends impacting the growth of the global biocatalysis and biocatalysts market?
• What are the challenges to market growth?
• Who are the key vendors in the global biocatalysis and biocatalysts market?
• What are the market opportunities and threats faced by the vendors in the global biocatalysis and biocatalysts market?
• Trending factors influencing the market shares of the global biocatalysis and biocatalysts market in APAC, Europe, North America, and ROW.
• What are the key outcomes of the five forces analysis of the global biocatalysis and biocatalysts market?