World Enzymes

World enzyme demand will rise 6.3 percent annually to $7 billion in 2017. Rising per capita incomes in large countries such as China and India will support consumer demand for higher value goods, such as detergents and food products, which can be made with enzymes. Advances in biotechnology will boost specialty enzyme demand.This study analyzes the $5.1 billion world enzyme industry. It presents historical demand data for 2002, 2007 and 2012, and forecasts for 2017 and 2022 by market (e.g., food and beverage, cleaning products, biofuel production, animal feed, research and biotechnology, diagnostics), product (e.g., carbohydrases, proteases, polymerases, nucleases, lipases, phytases), world region, and for 16 countries.The study also considers market environment factors, details industry structure, evaluates company market share and profiles 28 industry players, including Novozymes, DuPont and DSM.