Biocatalysis & Bio-catalyst Segmentation:
Type (Hydrolases, Oxidoreductases, Transferases)
Biocatalysis & biocatalysts market from the hydrolases segment is estimated to hold the largest share of 41 % during the forecasted timeframe. This is owing to their increased use across a number of end-user industries, as these are most commonly used in organic synthesis, for a wide range of industrial sectors, for example, detergents.
Application (Bio Fuel, Bio Pharmaceuticals, Detergents, Food & Beverages)
The food & beverages segment in the biocatalysis & biocatalysts market is expected to grow with a tremendous revenue with a share of 33 % in the near future. Microbial culture, plants, and animals are the primary producers of commercially available biocatalysts in the food industry, especially in Europe and North America, the demand for bakery biocatalysts is very high to extend shelf life. Moreover, there has been surging demand for food supplements that contains bio enzymes among health-conscious people. More than 30 % of the global population is health conscious as of now. In addition, they are used in the production of fermented alcohols, which is further forecasted to elevate the growth of the segment in the market.
Our in-depth analysis of the global biocatalysis & biocatalysts market includes the following segments:
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