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    Specialty Enzymes Market Report

    Specialty Enzymes Market Report
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    Specialty Enzymes Market Size, Share, Trend, Forecast, & Industry Analysis – 202 See more...

    Impact of COVID-19 on Specialty Enzymes Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Specialty Enzymes Market

    Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Market Insights

    Specialty Enzymes Market is likely to witness an impressive CAGR of 6.9% during the forecast period. The present surge in the non-hazardous biological catalysts in pharmaceuticals and diagnostics, the advanced development in tools to maximize the pharmaceutical production & quality, and multi-functional advantages of specialty enzymes are driving the growth of the market.

    Specialty Enzymes Market - Snapshot

    Growth

    6.9% for the next five years

    Major Type

    Polymerases & Nucleases

    Dominant Application Type

    Pharmaceuticals

    Region with the highest demand

    North America

    Key Players

    BASF SE,  Novozymes A/S, Roche Holding, DuPont de Nemours, Inc, Codexis Inc., Dyadic International, Advanced Enzymes, Amano Enzyme, Sanofi, and Biocatalysts

    Segments' Analysis

    Specialty-Enzymes-Market-Dominant-Segments

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    Specialty Enzymes Market Share: By Type

    Based on the type, the market is segmented as carbohydrases, proteases, lipases, polymerases & nucleases, and others. The polymerases & nucleases segment is expected to dominate the market during the forecast period, owning to their usage in special applications such as pharmaceuticals, research & biotechnology, diagnostics, and biocatalysts. Also, being the essential parts for all nucleic acid processing including replication, repair, recombination & transcription, makes them support the catalysis of the synthesis of deoxyribonucleic acid (DNA) and ribonucleic acid (RNA) polymers, ushering the segment towards unprecedented growth.

    Specialty Enzymes Market Share: By Application Type

    Based on the application type, the specialty enzymes market is segmented as pharmaceuticals, research & biotechnology, diagnostics, and biocatalysts. The pharmaceuticals segment dominates the market, owing to the increase in its application in the pharmaceutical industry, mainly for drug manufacture, disease diagnostics, or as a therapy. There has been an increase in the usage of specialty enzymes for therapies such as cancer, cardiovascular diseases, lysosomal storage disorders, and pain and inflammation management, which also acts as a driving factor for the growth of the segment.

    Specialty Enzymes Market Share: By Source Type

    Based on the source type, the market is segmented as microorganisms, plants, and animals. The microorganisms segment is expected to grow at the highest growth rate, as enzymes extracted from microbial sources lead to low production costs, can be cultured in large quantities in a short period of time and contain more predictable and controllable enzyme content.

    Specialty Enzymes Market Share: By Region

    In terms of regions, North America is estimated to be the largest-growing market for specialty enzymes during the forecast period. Technological advancements, availability of enzymes for a wide range of applications, development of novel & superior performing products, and global industrialization are driving the region’s market, along with an increase in the usage of enzymes in the region’s pharmaceutical industry. Further, the US is estimated to be the dominant market in the North American region and is at the stage to reach maturity very sooner.

    Specialty-Enzymes-Market-By-Region

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    Market Scope & Segmentation

    Specialty Enzymes are proteins that serve as biocatalysts to augment the rate of reactions and produce the desired results in pharmaceuticals and diagnostics reactions.

    Specialty Enzymes are of different types, such as carbohydrases, proteases, lipases, polymerases & nucleases, and others, that are used in various applications such as pharmaceuticals, research & biotechnology, diagnostics, and biocatalysts.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Specialty Enzymes Market Research Report - Features

    Market Segmentation

    5

    Regions Covered

    4

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The specialty enzymes market is segmented into the following categories. 

    Specialty Enzymes Market Size, Share, & Forecast, by Type:

    • Carbohydrases
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Type Analysis: Amylases, Cellulases, and Other Carbohydrases)
    • Proteases (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Lipases (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Polymerases & Nucleases (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Specialty Enzymes Market Size, Share, & Forecast, by Application Type:

    • Pharmaceuticals (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Research & Biotechnology (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Diagnostics (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Biocatalysts (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Specialty Enzymes Market Size, Share, & Forecast, by Source Type:

    • Microorganisms (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Plants (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Animals (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Specialty Enzymes Market Size, Share, & Forecast, by Form Type:

    • Liquid (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Dry (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Specialty Enzymes Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Specialty-Enzymes-Market-Segmentation

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    Key Players

    Some of the major players in the specialty enzymes market are-

    • BASF SE
    • Novozymes A/S
    • Roche Holding
    • DuPont de Nemours, Inc
    • Codexis Inc.
    • Dyadic International
    • Advanced Enzymes
    • Amano Enzyme
    • Sanofi
    • Biocatalysts.

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the types by application type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]

    Frequently Asked Questions (FAQs)

    The specialty Enzymes Market is expected to witness an impressive growth of 6.9% CAGR in the foreseeable future.

    BASF SE, Novozymes A/S, Roche Holding, DuPont de Nemours, Inc, Codexis Inc., Dyadic International, Advanced Enzymes, Amano Enzyme, Sanofi, and Biocatalysts are among the key players in the specialty enzymes market.

    North America is expected to be the largest growing specialty enzymes market during the forecast period of 2021-26.

    The microorganisms segment is expected to grow at the highest growth rate in the specialty enzymes market in the coming five years.

    The pharmaceuticals segment dominates the market, owing to the increase in its application in the pharmaceutical industry, mainly for drug manufacture, disease diagnostics, or as a therapy.

    Some of the major factors driving the growth of specialty enzymes market are present surge in the non-hazardous biological catalysts in pharmaceuticals and diagnostics, the advanced development in tools to maximize the pharmaceutical production & quality, and multi-functional advantages of specialty enzymes.

    USA is expected to remain dominant country in the North American specialty enzymes market during the forecast period.

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