NEW YORK, June 19, 2023 /PRNewswire/ — The industrial enzymes market size is set to grow by USD 2,190.59 million from 2022 to 2027 and register a CAGR of 6.26%, according to Technavio’s latest market research report. With a focus on identifying dominant industry influencers, Technavio’s reports present a detailed study by way of synthesis, and summation of data from multiple sources. This report offers an up-to-date analysis of the current market scenario, the latest trends and drivers, and the overall market environment. Technavio offers in-depth market insights that assist global businesses in finding new growth opportunities. Read Sample Report

The report also covers the following areas:

• Industrial Enzymes Market size
• Industrial Enzymes Market trends
• Industrial Enzymes Market industry analysis

Industrial Enzymes Market 2023-2027: Segmentation

The industrial enzymes market is segmented as follows:

• Application 
• Food And Beverage
• Detergents
• Animal Feed
• Biofuel
• Others
• Geography 
• North America
• APAC
• Europe
• South America
• Middle East And Africa

The market growth in the food and beverage segment will be significant over the forecast period. Industrial enzymes are extensively used in the food and beverage industry to provide good-quality products with increased production efficiency. Industrial enzymes help in providing eco-friendly products to consumers by reducing the consumption of energy, water, and raw materials. In addition, nutritional enzymes have gained prominence during the last few years with growing consumers’ inclination toward digestive health. All these factors drive the growth of the segment.

Learn more about the factors assisting the growth of the market, download a sample report!

Industrial Enzymes Market 2023-2027: Vendor Analysis and Scope

To help businesses improve their market position, the industrial enzymes market provides a detailed analysis of around 15+ vendors operating in the market. Some of these vendors include Amano Enzyme Inc., Associated British Foods Plc, Aumgene Biosciences, BASF SE, Chr Hansen Holding AS, Advanced Enzyme Technologies Ltd., Codexis Inc., DuPont de Nemours Inc., Enzymatic Deinking Technologies LLC, F. Hoffmann La Roche Ltd., Jiangsu Boli Bioproducts Co. Ltd., Kerry Group Plc, Koninklijke DSM NV, Merck KGaA, Nature BioScience Pvt. Ltd., Neogen Corp., Novozymes AS, Novus International Inc., The Soufflet Group, and Thermo Fisher Scientific Inc.

Vendor Offerings

• BASF SE – The company offers industrial enzymes such as the phytase enzyme, which provides feed manufacturers and farmers considerable cost savings while caring for the environment by reducing water pollution and helping animals digest their feed efficiently.
• Chr Hansen Holding AS – The company offers industrial enzymes for antibiotic test kits.
• Codexis Inc. – The company offers industrial enzymes, namely, HiTemp Reverse Transcriptase, Codex HiCap RNA polymerase, and Codex HiFi Hot Start DNA Polymerase.

What’s New? –

• Special coverage on the Russia–Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession
• Global competitiveness and key competitor positions
• Market presence across multiple geographical footprints – Strong/Active/Niche/Trivial – Buy the report!

Industrial Enzymes Market 2023-2027: Market Dynamics

Key Drivers

There is a growing demand for food enzymes, which is a major driving factor for the growth of the industrial enzymes market during the forecast period. Food enzymes increase the shelf-life by imparting anti-stale, digestive, and softening properties to food products. Enzymes such as protease, lipase, and carbohydrase are used in meat products, bakery, dairy, confectionery, and others to keep the nutritional content intact throughout the supply chain.

The growing need for food safety and security has increased the consumption and demand for processed and packaged food products. In addition, the rising awareness of consumers regarding the health and nutritional benefits of food enzymes has increased the use of food enzymes in the food industry. All these factors drive the growth of the market in focus.

Major Trends

Advancements in enzyme technology are an emerging trend influencing market growth during the forecast period. Advancements in genetic engineering technologies have assisted in overcoming problems such as the limited availability of enzymes, substrate scope, and operational stability. For instance, Chymosin, the active protease in calf rennin, is being produced by enzymes found in minute concentrations in exotic microorganisms, which are often difficult to grow.

However, they can be produced by selecting host microorganisms that are easy to cultivate on inexpensive raw materials and producing a broth to ease the purification of enzymes. Similarly, several enzymes have been engineered to function better in industrial processes, such as proteinase, cellulase, lipase, alpha-amylase, and glucoamylase. Such technological advances will positively influence market growth during the forecast period.

Significant Challenges

Various regulatory constraints on the use of industrial enzymes for different markets challenge the growth of the industrial enzymes market during the forecast period. Enzymes must be accredited as Generally Regarded as Safe (GRAS) by the FDA to be used as a food ingredient. To evaluate the safety of an enzyme, the FDA compares the enzymes that need to be assessed with the enzymes that are already approved or with those that have been safely consumed as a part of the diet throughout human history.

Several FDA regulatory compliances must be met to get the GRAS status of enzymes. Similarly, in countries such as France, Denmark, Poland, and Hungary, enzymes are subjected to an authorization procedure before providing marketing approval. Such regulations restrict the growth of the market.

Industrial Enzymes Market 2023-2027: Key Highlights

• CAGR of the market during the forecast period 2023-2027
• Detailed information on factors that will assist industrial enzymes market growth during the next five years
• Estimation of the industrial enzymes market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the industrial enzymes market
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of industrial enzymes market vendors

Gain instant access to 17,000+ market research reports. 

Technavio’s SUBSCRIPTION platform

Related Reports:

The Marine Enzymes Market is projected to grow by USD 47.54 million with a CAGR of 6.02% during the forecast period 2021 to 2026. Furthermore, this report extensively covers the marine enzymes market segmentation by application (food and beverages, medicine, nutraceutical, cosmetics, and others) and geography (North America, Europe, APAC, South America, and the Middle East and Africa). The growing demand for food enzymes is a key factor driving the global marine enzymes market growth.

The animal feed enzymes market size is expected to increase by USD 501.59 million from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 8.07%. Furthermore, this report extensively covers animal feed enzymes market segmentation by form (dry and liquid) and geography (APAC, Europe, North America, South America, and MEA). The rise in global meat consumption is notably driving the animal feed enzymes market growth.

Table of Contents

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 Source
• 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 2022 

• 3.4 Market outlook: Forecast for 2022-2027
• Exhibit 14: Chart on Global – Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global – Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global industrial enzymes market 2017 – 2021
• Exhibit 18: Historic Market Size – Data Table on Global industrial enzymes market 2017 – 2021 ($ million)

• 4.2 Application Segment Analysis 2017 – 2021
• Exhibit 19: Historic Market Size – Application Segment 2017 – 2021 ($ million)

• 4.3 Source Segment Analysis 2017 – 2021
• Exhibit 20: Historic Market Size – Source Segment 2017 – 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 – 2021
• Exhibit 21: Historic Market Size – Geography Segment 2017 – 2021 ($ million)

• 4.5 Country Segment Analysis 2017 – 2021
• Exhibit 22: Historic Market Size – Country Segment 2017 – 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis – Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition – Five forces 2022 and 2027

6 Market Segmentation by Application

• 6.1 Market segments 
• Exhibit 30: Chart on Application – Market share 2022-2027 (%)
• Exhibit 31: Data Table on Application – Market share 2022-2027 (%)

• 6.2 Comparison by Application 
• Exhibit 32: Chart on Comparison by Application
• Exhibit 33: Data Table on Comparison by Application

• 6.3 Food and beverage – Market size and forecast 2022-2027 
• Exhibit 34: Chart on Food and beverage – Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Food and beverage – Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Food and beverage – Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Food and beverage – Year-over-year growth 2022-2027 (%)

• 6.4 Detergents – Market size and forecast 2022-2027
• Exhibit 38: Chart on Detergents – Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Detergents – Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Detergents – Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Detergents – Year-over-year growth 2022-2027 (%)

• 6.5 Animal feed – Market size and forecast 2022-2027
• Exhibit 42: Chart on Animal feed – Market size and forecast 2022-2027 ($ million)
• Exhibit 43: Data Table on Animal feed – Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Chart on Animal feed – Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Animal feed – Year-over-year growth 2022-2027 (%)

• 6.6 Biofuel – Market size and forecast 2022-2027
• Exhibit 46: Chart on Biofuel – Market size and forecast 2022-2027 ($ million)
• Exhibit 47: Data Table on Biofuel – Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Chart on Biofuel – Year-over-year growth 2022-2027 (%)
• Exhibit 49: Data Table on Biofuel – Year-over-year growth 2022-2027 (%)

• 6.7 Others – Market size and forecast 2022-2027
• Exhibit 50: Chart on Others – Market size and forecast 2022-2027 ($ million)
• Exhibit 51: Data Table on Others – Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Chart on Others – Year-over-year growth 2022-2027 (%)
• Exhibit 53: Data Table on Others – Year-over-year growth 2022-2027 (%)

• 6.8 Market opportunity by Application 
• Exhibit 54: Market opportunity by Application ($ million)
• Exhibit 55: Data Table on Market opportunity by Application ($ million)

7 Market Segmentation by Source

• 7.1 Market segments 
• Exhibit 56: Chart on Source – Market share 2022-2027 (%)
• Exhibit 57: Data Table on Source – Market share 2022-2027 (%)

• 7.2 Comparison by Source 
• Exhibit 58: Chart on Comparison by Source
• Exhibit 59: Data Table on Comparison by Source

• 7.3 Microorganism – Market size and forecast 2022-2027
• Exhibit 60: Chart on Microorganism – Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Data Table on Microorganism – Market size and forecast 2022-2027 ($ million)
• Exhibit 62: Chart on Microorganism – Year-over-year growth 2022-2027 (%)
• Exhibit 63: Data Table on Microorganism – Year-over-year growth 2022-2027 (%)

• 7.4 Animals – Market size and forecast 2022-2027
• Exhibit 64: Chart on Animals – Market size and forecast 2022-2027 ($ million)
• Exhibit 65: Data Table on Animals – Market size and forecast 2022-2027 ($ million)
• Exhibit 66: Chart on Animals – Year-over-year growth 2022-2027 (%)
• Exhibit 67: Data Table on Animals – Year-over-year growth 2022-2027 (%)

• 7.5 Plants – Market size and forecast 2022-2027
• Exhibit 68: Chart on Plants – Market size and forecast 2022-2027 ($ million)
• Exhibit 69: Data Table on Plants – Market size and forecast 2022-2027 ($ million)
• Exhibit 70: Chart on Plants – Year-over-year growth 2022-2027 (%)
• Exhibit 71: Data Table on Plants – Year-over-year growth 2022-2027 (%)

• 7.6 Market opportunity by Source 
• Exhibit 72: Market opportunity by Source ($ million)
• Exhibit 73: Data Table on Market opportunity by Source ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 74: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 75: Chart on Market share by geography 2022-2027 (%)
• Exhibit 76: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 77: Chart on Geographic comparison
• Exhibit 78: Data Table on Geographic comparison

• 9.3 North America – Market size and forecast 2022-2027
• Exhibit 79: Chart on North America – Market size and forecast 2022-2027 ($ million)
• Exhibit 80: Data Table on North America – Market size and forecast 2022-2027 ($ million)
• Exhibit 81: Chart on North America – Year-over-year growth 2022-2027 (%)
• Exhibit 82: Data Table on North America – Year-over-year growth 2022-2027 (%)

• 9.4 APAC – Market size and forecast 2022-2027
• Exhibit 83: Chart on APAC – Market size and forecast 2022-2027 ($ million)
• Exhibit 84: Data Table on APAC – Market size and forecast 2022-2027 ($ million)
• Exhibit 85: Chart on APAC – Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on APAC – Year-over-year growth 2022-2027 (%)

• 9.5 Europe – Market size and forecast 2022-2027
• Exhibit 87: Chart on Europe – Market size and forecast 2022-2027 ($ million)
• Exhibit 88: Data Table on Europe – Market size and forecast 2022-2027 ($ million)
• Exhibit 89: Chart on Europe – Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on Europe – Year-over-year growth 2022-2027 (%)

• 9.6 South America – Market size and forecast 2022-2027
• Exhibit 91: Chart on South America – Market size and forecast 2022-2027 ($ million)
• Exhibit 92: Data Table on South America – Market size and forecast 2022-2027 ($ million)
• Exhibit 93: Chart on South America – Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on South America – Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa – Market size and forecast 2022-2027 
• Exhibit 95: Chart on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
• Exhibit 96: Data Table on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
• Exhibit 97: Chart on Middle East and Africa – Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on Middle East and Africa – Year-over-year growth 2022-2027 (%)

• 9.8 US – Market size and forecast 2022-2027
• Exhibit 99: Chart on US – Market size and forecast 2022-2027 ($ million)
• Exhibit 100: Data Table on US – Market size and forecast 2022-2027 ($ million)
• Exhibit 101: Chart on US – Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on US – Year-over-year growth 2022-2027 (%)

• 9.9 China – Market size and forecast 2022-2027
• Exhibit 103: Chart on China – Market size and forecast 2022-2027 ($ million)
• Exhibit 104: Data Table on China – Market size and forecast 2022-2027 ($ million)
• Exhibit 105: Chart on China – Year-over-year growth 2022-2027 (%)
• Exhibit 106: Data Table on China – Year-over-year growth 2022-2027 (%)

• 9.10 Germany – Market size and forecast 2022-2027
• Exhibit 107: Chart on Germany – Market size and forecast 2022-2027 ($ million)
• Exhibit 108: Data Table on Germany – Market size and forecast 2022-2027 ($ million)
• Exhibit 109: Chart on Germany – Year-over-year growth 2022-2027 (%)
• Exhibit 110: Data Table on Germany – Year-over-year growth 2022-2027 (%)

• 9.11 France – Market size and forecast 2022-2027
• Exhibit 111: Chart on France – Market size and forecast 2022-2027 ($ million)
• Exhibit 112: Data Table on France – Market size and forecast 2022-2027 ($ million)
• Exhibit 113: Chart on France – Year-over-year growth 2022-2027 (%)
• Exhibit 114: Data Table on France – Year-over-year growth 2022-2027 (%)

• 9.12 India – Market size and forecast 2022-2027
• Exhibit 115: Chart on India – Market size and forecast 2022-2027 ($ million)
• Exhibit 116: Data Table on India – Market size and forecast 2022-2027 ($ million)
• Exhibit 117: Chart on India – Year-over-year growth 2022-2027 (%)
• Exhibit 118: Data Table on India – Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 119: Market opportunity by geography ($ million)
• Exhibit 120: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers 

• 10.2 Market challenges 

• 10.3 Impact of drivers and challenges 
• Exhibit 121: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends 

11 Vendor Landscape

• 11.1 Overview 

• 11.2 Vendor landscape 
• Exhibit 122: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 123: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 124: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 125: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 126: Matrix on vendor position and classification

• 12.3 Advanced Enzyme Technologies Ltd. 
• Exhibit 127: Advanced Enzyme Technologies Ltd. – Overview
• Exhibit 128: Advanced Enzyme Technologies Ltd. – Product / Service
• Exhibit 129: Advanced Enzyme Technologies Ltd. – Key offerings

• 12.4 Amano Enzyme Inc. 
• Exhibit 130: Amano Enzyme Inc. – Overview
• Exhibit 131: Amano Enzyme Inc. – Product / Service
• Exhibit 132: Amano Enzyme Inc. – Key offerings

• 12.5 Associated British Foods Plc 
• Exhibit 133: Associated British Foods Plc – Overview
• Exhibit 134: Associated British Foods Plc – Business segments
• Exhibit 135: Associated British Foods Plc – Key offerings
• Exhibit 136: Associated British Foods Plc – Segment focus

• 12.6 Aumgene Biosciences 
• Exhibit 137: Aumgene Biosciences – Overview
• Exhibit 138: Aumgene Biosciences – Product / Service
• Exhibit 139: Aumgene Biosciences – Key offerings

• 12.7 BASF SE 
• Exhibit 140: BASF SE – Overview
• Exhibit 141: BASF SE – Business segments
• Exhibit 142: BASF SE – Key news
• Exhibit 143: BASF SE – Key offerings
• Exhibit 144: BASF SE – Segment focus

• 12.8 Chr Hansen Holding AS 
• Exhibit 145: Chr Hansen Holding AS – Overview
• Exhibit 146: Chr Hansen Holding AS – Business segments
• Exhibit 147: Chr Hansen Holding AS – Key news
• Exhibit 148: Chr Hansen Holding AS – Key offerings
• Exhibit 149: Chr Hansen Holding AS – Segment focus

• 12.9 Codexis Inc. 
• Exhibit 150: Codexis Inc. – Overview
• Exhibit 151: Codexis Inc. – Business segments
• Exhibit 152: Codexis Inc. – Key offerings
• Exhibit 153: Codexis Inc. – Segment focus

• 12.10 DuPont de Nemours Inc. 
• Exhibit 154: DuPont de Nemours Inc. – Overview
• Exhibit 155: DuPont de Nemours Inc. – Business segments
• Exhibit 156: DuPont de Nemours Inc. – Key news
• Exhibit 157: DuPont de Nemours Inc. – Key offerings
• Exhibit 158: DuPont de Nemours Inc. – Segment focus

• 12.11 Enzymatic Deinking Technologies LLC
• Exhibit 159: Enzymatic Deinking Technologies LLC – Overview
• Exhibit 160: Enzymatic Deinking Technologies LLC – Product / Service
• Exhibit 161: Enzymatic Deinking Technologies LLC – Key offerings

• 12.12 F. Hoffmann La Roche Ltd. 
• Exhibit 162: F. Hoffmann La Roche Ltd. – Overview
• Exhibit 163: F. Hoffmann La Roche Ltd. – Business segments
• Exhibit 164: F. Hoffmann La Roche Ltd. – Key news
• Exhibit 165: F. Hoffmann La Roche Ltd. – Key offerings
• Exhibit 166: F. Hoffmann La Roche Ltd. – Segment focus

• 12.13 Jiangsu Boli Bioproducts Co. Ltd.
• Exhibit 167: Jiangsu Boli Bioproducts Co. Ltd. – Overview
• Exhibit 168: Jiangsu Boli Bioproducts Co. Ltd. – Product / Service
• Exhibit 169: Jiangsu Boli Bioproducts Co. Ltd. – Key offerings

• 12.14 Kerry Group Plc 
• Exhibit 170: Kerry Group Plc – Overview
• Exhibit 171: Kerry Group Plc – Business segments
• Exhibit 172: Kerry Group Plc – Key news
• Exhibit 173: Kerry Group Plc – Key offerings
• Exhibit 174: Kerry Group Plc – Segment focus

• 12.15 Koninklijke DSM NV 
• Exhibit 175: Koninklijke DSM NV – Overview
• Exhibit 176: Koninklijke DSM NV – Business segments
• Exhibit 177: Koninklijke DSM NV – Key news
• Exhibit 178: Koninklijke DSM NV – Key offerings
• Exhibit 179: Koninklijke DSM NV – Segment focus

• 12.16 Novozymes AS 
• Exhibit 180: Novozymes AS – Overview
• Exhibit 181: Novozymes AS – Business segments
• Exhibit 182: Novozymes AS – Key news
• Exhibit 183: Novozymes AS – Key offerings
• Exhibit 184: Novozymes AS – Segment focus

• 12.17 Thermo Fisher Scientific Inc. 
• Exhibit 185: Thermo Fisher Scientific Inc. – Overview
• Exhibit 186: Thermo Fisher Scientific Inc. – Business segments
• Exhibit 187: Thermo Fisher Scientific Inc. – Key news
• Exhibit 188: Thermo Fisher Scientific Inc. – Key offerings
• Exhibit 189: Thermo Fisher Scientific Inc. – Segment focus

13 Appendix

• 13.1 Scope of the report 

• 13.2 Inclusions and exclusions checklist
• Exhibit 190: Inclusions checklist
• Exhibit 191: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 192: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 193: Research methodology
• Exhibit 194: Validation techniques employed for market sizing
• Exhibit 195: Information sources

• 13.5 List of abbreviations 
• Exhibit 196: List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email: [email protected]

Website: www.technavio.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/industrial-enzymes-market-size-is-set-to-grow-by-usd-2-190-59-million-from-2022-to-2027–market-growth-is-driven-by-increasing-demand-for-food-enzymes—technavio-301853623.html

SOURCE Technavio

Featured image: Megapixl © Agnormark

Disclaimer