Specialty Enzymes Market Analysis North America, Europe, APAC, Middle East and Africa, South America - US, Canada, China, UK, Germany - Size and Forecast 2024-2028

Published: Jan 2024 Pages: 174 SKU: IRTNTR45826

Specialty Enzymes Market 2024-2028

The specialty enzymes market size is forecast to increase by USD 1.74 billion at a CAGR of 6.71% between 2023 and 2028.  The growth rate of the market depends on several factors including increasing healthcare expenditure, novel applications of specialty enzymes in the pharmaceutical segment and increased production of biofuels. 

The report includes a comprehensive outlook on the market offering forecasts for the industry segmented by Application, which comprises research and biotechnology, diagnostic, and others. Additionally, it categorizes Type into carbohydrases, proteases, and catalase and others, and covers Region, including North America, APAC, Europe, Middle East and Africa, and South America. The report provides market size, historical data spanning from 2018 to 2022, and future projections, all presented in terms of value in USD billion for each of the mentioned segments. 

What will be the  Market Size During the Forecast Period?

Request Free Sample in PDF

Market Definition 

Enzymes that find commercial use in various industries, such as pharmaceuticals, chemical production, biofuels, food and beverage, and consumer products, are known as specialty enzymes. Specialty enzymes are molecular compounds that regulate the rate of chemical reactions without altering the reaction process and are specifically used in sustainable industrial processes. Specialty chemicals serve numerous applications, ranging from antioxidants, biocides, catalysts, enzymes, separation membranes, specialty coatings, specialty pigments, surfactants, rheology modifiers, demulsifiers, and others. Due to recent advances, bio-catalysis using isolated enzymes has proven to be more economical than the use of the entire cell. Enzymes act as a unit operating within a process to create the desired product. The industrial bio-catalysis market involving enzymes has witnessed rapid growth in recent years owing to the ability of enzymes to operate under mild conditions and their exceptional properties exhibited during reactions.

To Know more about the market report  Request Free Sample

Market Key Drivers, Trends, Challenges

Our researchers analyzed the market research and growth data with 2023  as the base year, along with the key market growth analysis, trends, and challenges. A holistic analysis of drivers, trends, and challenges will help companies refine their marketing strategies to gain a competitive advantage. 

Key Market Growth Analysis Driver

Novel applications of speciality enzymes in the pharmaceutical segment are notably driving the market growth. The growing interest of established pharmaceutical manufacturers in the enzyme production business is a major trend observed in the enzyme industry. The supplement business and the enzyme business can be managed together and are of interest to companies due to the significant consumption growth rates displayed by the latter. Upstream integration will give them economical sourcing and insulate them from price fluctuations and the unavailability of raw materials.

Consequently, we can expect consolidation in the enzyme business where the small- and medium-sized players that are unable to sustain consistent R&D expenditure are taken over by the leading players or pharmaceutical majors. Overall, the novel applications of specialty enzymes in the pharmaceutical segment are expected to positively influence the growth of the market during the forecast period.

Significant  Market Trends and Analysis

The growing adoption of enzymes for sustainability in industrial processes is an emerging trend shaping the market growth. The burgeoning adoption of enzymes, especially specialty enzymes, in ensuring sustainability in industrial processes represents a prominent trend reshaping various sectors. Specialty enzymes, with their highly specific catalytic properties, have found increasing applications across diverse industries, including pharmaceuticals, food and beverage, biofuels, textiles, and detergents. Their crucial role in advancing sustainability initiatives within these industries is one important factor driving their utilization. 

Moreover, the adoption of specialty enzymes in sustainable industrial processes is anticipated to continue as regulatory pressures increase and consumer preferences shift toward eco-conscious products. These enzymes will play a pivotal role in fostering environment-friendly practices and contribute significantly to global sustainability goals. Thus, the market will witness positive growth during the forecast period.

Major Challenge

Stringent government regulations are a significant challenge hindering market growth. Companies in the market grapple with challenges posed by stringent regulations enforced by various authorities. These regulations encompass permits, entry criteria for new players, residual management, and expiration dates. Oversight by entities like the US Food and Drug Administration (FDA) and the European Food Safety Authority (EFSA) significantly influences enzyme manufacturing and distribution. Both the FDA and EFSA have imposed rigorous rules on enzyme types, quantity limitations, and labelling requirements for packaged products. Compliance with these regulations proves cumbersome for vendors, impeding the entry of new players and acting as barriers to innovative product introductions.

Additionally, the pharmaceutical industry faces stringent global regulations, with the FDA demanding comprehensive data on technical aspects, structural modifications of genetically modified microorganisms (GMM), manufacturing processes, and long-term product experience for granting Generally Recognized as Safe (GRAS) status. Similar stringent regulations in countries like Germany, Austria, and Switzerland for GMM-produced enzymes are anticipated to restrain the market's growth during the forecast period.

Segmentation by Application, Type and Geography

Application Analysis

The market share growth by the research and biotechnology segment will be significant during the forecast years. Specialty enzymes are becoming more and more important in biotechnology and research applications because they provide distinct benefits over conventional techniques. These enzymes offer improved efficiency, selectivity, and specificity, allowing scientists to carry out challenging studies and make significant advances across a range of industries.

Get a glance at the market contribution of the End User  segment Request Free Sample

The research and biotechnology segment was the largest and was valued at USD 1.95 billion in 2018. Specialty enzymes are also being used to solve environmental problems. Enzymes are used in bioremediation techniques to break down pollutants and contaminants in wastewater, water, and soil. For example, oil spills in oceans and seas are broken down by lipases, while laccases are employed to decolorize industrial wastewater. Specialty enzymes with increased specificity, efficiency, and sustainability have led to continuous and rapid growth in use in biotechnology and research. The discovery and engineering of new enzymes will result in additional scientific advances, bettering human health, preserving the environment, and expanding the understanding of various fields. Thus, from the above factors, the research and biotechnology segment will drive the growth of the global specialty enzymes market during the forecast period.

Type Analysis

The global carbohydrases market is expected to grow at a steady pace during the forecast period. The demand for carbohydrases, fueled by the pharmaceutical sector, propels growth, with North America serving as a key market. Carbohydrases, including amylase, cellulose, lactase, mannanase, and pectinase, play a vital role in breaking down carbohydrates into starch, commonly used in food digestion. Predominantly employed in lactose-free milk products and ice cream preparation, carbohydrases enhance product texture and taste. Challenges related to pH stability at high levels are being addressed by sellers, with Novozymes offering products like Sustine 410, an alpha-amylase with broad pH stability. Such advancements contribute to the carbohydrases segment's growth, consequently boosting the market during the forecast period.

Region Analysis

North America is estimated to contribute 44% to the growth of the global market during the projection period. Technavio's analysts have provided extensive insight into the market forecasting, detailing the regional trends and drivers influencing the market's trajectory throughout the projection period.

For more insights on the market share of various regions Request Free Sample

Further, the specialty enzymes market in North America is witnessing steady growth and is providing significant opportunities for the players in the market. The US contributed to the majority of the revenue in the region. Growth in the pharmaceutical and diagnostics segments is boosting the use of specialty enzymes in this region. In addition, growing awareness regarding the applications of enzymes and rising health consciousness among consumers are fostering market growth and trends in the demand for enzyme-fortified consumer products. This pattern is expected to continue during the forecast period.

Additionally, the market growth in North America is mainly driven by the increasing consumption of proteases and lipases in the US. Also, favorable government regulations are expected to create a demand for specialty enzymes in North America. Such factors are expected to drive the regional market growth during the forecast period. 

Key Companies

Companies are implementing various market growth and forecasting strategies by analyzing factors such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product or service launches, to enhance their presence in the market.

Advanced Enzyme Technologies Ltd - The company offers specialty enzymes for variety of industries including human health care and nutrition, animal nutrition, baking, fruit and vegetable processing, and more

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including Advanced Enzyme Technologies Ltd., Amano Enzyme Inc., Amicogen Co., Ltd., Antozyme Biotech Pvt. Ltd., Avantor Inc., BASF SE, BBI Solutions OEM Ltd., BRAIN Biotech AG, Chr Hansen Holding AS, Codexis Inc., Enzyme Development Corp., Enzyme Supplies Ltd., F. Hoffmann La Roche Ltd., International Flavors and Fragrances Inc., Kerry Group Plc, Koninklijke DSM NV, Maravai LifeSciences Holdings Inc., Nagase and Co. Ltd, Novozymes AS, Sanofi SA, and SternEnzym GmbH and Co. KG

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Segment Overview

The market report predicts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028 

  • Application Outlook 
    • Research and biotechnology
    • Diagnostic
    • Others
  • Type Outlook
    • Carbohydrases
    • Proteases
    • Catalase and others
  • Region Outlook 
    • North America
      • The U.S.
      • Canada
    • South America
      • Chile
      • Brazil
      • Argentina 
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Specialty Enzymes Market Scope

Report Coverage

Details

Page number

174

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 6.71%

Market Growth 2024-2028

USD 1.74 billion

Market structure

Fragmented

YoY growth 2023-2024(%)

6.23

Regional analysis

North America, Europe, APAC, Middle East and Africa, and South America

Performing market contribution

North America at 44%

Key countries

US, Canada, China, UK, and Germany

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Advanced Enzyme Technologies Ltd., Amano Enzyme Inc., Amicogen Co., Ltd., Antozyme Biotech Pvt. Ltd., Avantor Inc., BASF SE, BBI Solutions OEM Ltd., BRAIN Biotech AG, Chr Hansen Holding AS, Codexis Inc., Enzyme Development Corp., Enzyme Supplies Ltd., F. Hoffmann La Roche Ltd., International Flavors and Fragrances Inc., Kerry Group Plc, Koninklijke DSM NV, Maravai LifeSciences Holdings Inc., Nagase and Co. Ltd, Novozymes AS, Sanofi SA, and SternEnzym GmbH and Co. KG

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Request Free Sample

What are the Key Data Covered in this Specialty Enzymes Market Research Report?

  • CAGR of the market forecast during the forecast period
  • Detailed information on factors that will drive the growth of the market  between 2024 and 2028
  • Precise estimation of the market  size and its contribution of the market in focus to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market across North America, Europe, APAC, Middle East and Africa, and South America
  • Thorough market analysis and report of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

We can help! Our analysts can customize this market research report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global specialty enzymes market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global specialty enzymes market 2018 - 2022 ($ billion)
    • 4.2 Application Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – Application Segment 2018 - 2022 ($ billion)
    • 4.3 Type Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – Type Segment 2018 - 2022 ($ billion)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by Application

    • 6.1 Market segments
      • Exhibit 30: Chart on Application - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on Application - Market share 2023-2028 (%)
    • 6.2 Comparison by Application
      • Exhibit 32: Chart on Comparison by Application
      • Exhibit 33: Data Table on Comparison by Application
    • 6.3 Research and biotechnology - Market size and forecast 2023-2028
      • Exhibit 34: Chart on Research and biotechnology - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 35: Data Table on Research and biotechnology - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 36: Chart on Research and biotechnology - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Research and biotechnology - Year-over-year growth 2023-2028 (%)
    • 6.4 Diagnostic - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Diagnostic - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 39: Data Table on Diagnostic - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 40: Chart on Diagnostic - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Diagnostic - Year-over-year growth 2023-2028 (%)
    • 6.5 Others - Market size and forecast 2023-2028
      • Exhibit 42: Chart on Others - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 43: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 44: Chart on Others - Year-over-year growth 2023-2028 (%)
      • Exhibit 45: Data Table on Others - Year-over-year growth 2023-2028 (%)
    • 6.6 Market opportunity by Application
      • Exhibit 46: Market opportunity by Application ($ billion)
      • Exhibit 47: Data Table on Market opportunity by Application ($ billion)

    7 Market Segmentation by Type

    • 7.1 Market segments
      • Exhibit 48: Chart on Type - Market share 2023-2028 (%)
      • Exhibit 49: Data Table on Type - Market share 2023-2028 (%)
    • 7.2 Comparison by Type
      • Exhibit 50: Chart on Comparison by Type
      • Exhibit 51: Data Table on Comparison by Type
    • 7.3 Carbohydrases - Market size and forecast 2023-2028
      • Exhibit 52: Chart on Carbohydrases - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 53: Data Table on Carbohydrases - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 54: Chart on Carbohydrases - Year-over-year growth 2023-2028 (%)
      • Exhibit 55: Data Table on Carbohydrases - Year-over-year growth 2023-2028 (%)
    • 7.4 Proteases - Market size and forecast 2023-2028
      • Exhibit 56: Chart on Proteases - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 57: Data Table on Proteases - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 58: Chart on Proteases - Year-over-year growth 2023-2028 (%)
      • Exhibit 59: Data Table on Proteases - Year-over-year growth 2023-2028 (%)
    • 7.5 Catalase and others - Market size and forecast 2023-2028
      • Exhibit 60: Chart on Catalase and others - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 61: Data Table on Catalase and others - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 62: Chart on Catalase and others - Year-over-year growth 2023-2028 (%)
      • Exhibit 63: Data Table on Catalase and others - Year-over-year growth 2023-2028 (%)
    • 7.6 Market opportunity by Type
      • Exhibit 64: Market opportunity by Type ($ billion)
      • Exhibit 65: Data Table on Market opportunity by Type ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 67: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 68: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 69: Chart on Geographic comparison
      • Exhibit 70: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2023-2028
      • Exhibit 71: Chart on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 72: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 73: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 74: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.4 Europe - Market size and forecast 2023-2028
      • Exhibit 75: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 76: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 77: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 78: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.5 APAC - Market size and forecast 2023-2028
      • Exhibit 79: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 80: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 81: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.6 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.7 South America - Market size and forecast 2023-2028
      • Exhibit 87: Chart on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 88: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 89: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.8 US - Market size and forecast 2023-2028
      • Exhibit 91: Chart on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 92: Data Table on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 93: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.9 China - Market size and forecast 2023-2028
      • Exhibit 95: Chart on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 96: Data Table on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 97: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.10 Canada - Market size and forecast 2023-2028
      • Exhibit 99: Chart on Canada - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 100: Data Table on Canada - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 101: Chart on Canada - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on Canada - Year-over-year growth 2023-2028 (%)
    • 9.11 UK - Market size and forecast 2023-2028
      • Exhibit 103: Chart on UK - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 104: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 105: Chart on UK - Year-over-year growth 2023-2028 (%)
      • Exhibit 106: Data Table on UK - Year-over-year growth 2023-2028 (%)
    • 9.12 Germany - Market size and forecast 2023-2028
      • Exhibit 107: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 108: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 109: Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Exhibit 110: Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 111: Market opportunity by geography ($ billion)
      • Exhibit 112: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 113: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 115: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 116: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 117: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 118: Matrix on vendor position and classification
            • 12.3 Advanced Enzyme Technologies Ltd.
              • Exhibit 119: Advanced Enzyme Technologies Ltd. - Overview
              • Exhibit 120: Advanced Enzyme Technologies Ltd. - Key offerings
            • 12.4 Amano Enzyme Inc.
              • Exhibit 121: Amano Enzyme Inc. - Overview
              • Exhibit 122: Amano Enzyme Inc. - Product / Service
              • Exhibit 123: Amano Enzyme Inc. - Key offerings
            • 12.5 Amicogen Co., Ltd.
              • Exhibit 124: Amicogen Co., Ltd. - Overview
              • Exhibit 125: Amicogen Co., Ltd. - Key offerings
            • 12.6 Antozyme Biotech Pvt. Ltd.
              • Exhibit 126: Antozyme Biotech Pvt. Ltd. - Overview
              • Exhibit 127: Antozyme Biotech Pvt. Ltd. - Product / Service
              • Exhibit 128: Antozyme Biotech Pvt. Ltd. - Key offerings
            • 12.7 BASF SE
              • Exhibit 129: BASF SE - Overview
              • Exhibit 130: BASF SE - Business segments
              • Exhibit 131: BASF SE - Key news
              • Exhibit 132: BASF SE - Key offerings
              • Exhibit 133: BASF SE - Segment focus
            • 12.8 BBI Solutions OEM Ltd.
              • Exhibit 134: BBI Solutions OEM Ltd. - Overview
              • Exhibit 135: BBI Solutions OEM Ltd. - Product / Service
              • Exhibit 136: BBI Solutions OEM Ltd. - Key offerings
            • 12.9 BRAIN Biotech AG
              • Exhibit 137: BRAIN Biotech AG - Overview
              • Exhibit 138: BRAIN Biotech AG - Product / Service
              • Exhibit 139: BRAIN Biotech AG - Key offerings
            • 12.10 Chr Hansen Holding AS
              • Exhibit 140: Chr Hansen Holding AS - Overview
              • Exhibit 141: Chr Hansen Holding AS - Business segments
              • Exhibit 142: Chr Hansen Holding AS - Key news
              • Exhibit 143: Chr Hansen Holding AS - Key offerings
              • Exhibit 144: Chr Hansen Holding AS - Segment focus
            • 12.11 Codexis Inc.
              • Exhibit 145: Codexis Inc. - Overview
              • Exhibit 146: Codexis Inc. - Business segments
              • Exhibit 147: Codexis Inc. - Key offerings
              • Exhibit 148: Codexis Inc. - Segment focus
            • 12.12 Enzyme Development Corp.
              • Exhibit 149: Enzyme Development Corp. - Overview
              • Exhibit 150: Enzyme Development Corp. - Product / Service
              • Exhibit 151: Enzyme Development Corp. - Key offerings
            • 12.13 F. Hoffmann La Roche Ltd.
              • Exhibit 152: F. Hoffmann La Roche Ltd. - Overview
              • Exhibit 153: F. Hoffmann La Roche Ltd. - Business segments
              • Exhibit 154: F. Hoffmann La Roche Ltd. - Key news
              • Exhibit 155: F. Hoffmann La Roche Ltd. - Key offerings
              • Exhibit 156: F. Hoffmann La Roche Ltd. - Segment focus
            • 12.14 Koninklijke DSM NV
              • Exhibit 157: Koninklijke DSM NV - Overview
              • Exhibit 158: Koninklijke DSM NV - Business segments
              • Exhibit 159: Koninklijke DSM NV - Key news
              • Exhibit 160: Koninklijke DSM NV - Key offerings
              • Exhibit 161: Koninklijke DSM NV - Segment focus
            • 12.15 Maravai LifeSciences Holdings Inc.
              • Exhibit 162: Maravai LifeSciences Holdings Inc. - Overview
              • Exhibit 163: Maravai LifeSciences Holdings Inc. - Business segments
              • Exhibit 164: Maravai LifeSciences Holdings Inc. - Key offerings
              • Exhibit 165: Maravai LifeSciences Holdings Inc. - Segment focus
            • 12.16 Novozymes AS
              • Exhibit 166: Novozymes AS - Overview
              • Exhibit 167: Novozymes AS - Business segments
              • Exhibit 168: Novozymes AS - Key news
              • Exhibit 169: Novozymes AS - Key offerings
              • Exhibit 170: Novozymes AS - Segment focus
            • 12.17 Sanofi SA
              • Exhibit 171: Sanofi SA - Overview
              • Exhibit 172: Sanofi SA - Business segments
              • Exhibit 173: Sanofi SA - Key news
              • Exhibit 174: Sanofi SA - Key offerings
              • Exhibit 175: Sanofi SA - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 176: Inclusions checklist
                • Exhibit 177: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 178: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 179: Research methodology
                • Exhibit 180: Validation techniques employed for market sizing
                • Exhibit 181: Information sources
              • 13.5 List of abbreviations
                • Exhibit 182: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

              PURCHASE FULL REPORT OF

              specialty enzymes market market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

              Why should you prefer Technavio's market insights report?

              • Off-the-shelf research reports
              • Reports can be tailored to meet the customer's needs
              • Trusted by more than 100 fortune 500 organizations
              • Information about the market's key drivers, trends, and challenges
              • Parent market analysis
              • Every week, 50,000 people visit our subscription platform
              • Detailed vendors report with competitive landscape
              • Covid-19 impact and recovery analysis
              • Data on revenue-generating market segments
              • Details on the market shares of various regions
              • Five-force market analysis