Carbohydrase Market to Demonstrate a Strong Growth Over 2027 – MRFR
Market Overview:
Carbohydrase is
gaining popularity globally with increasing application in various industries.
Carbohydrase is an enzyme that attacks carbohydrates and helps in breaking down
the complex sugars into shorter monomer sugar units which are easy to digest.
They help in producing various syrups such as fructose syrup, glucose syrup,
and inverted sugar syrup. Moreover, they are used in animal feed to improve the
digestibility of carbohydrates in the feed. They increase energy utilization
among the livestock and improve their performance. The major types of
carbohydrase include amylases, cellulases, pectinase, lactase, and others.
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Market Forecast:
The global
carbohydrase market share in the foods and beverages industry is escalated by
the rising demand for bakery products in the developed countries. Carbohydrase
is found to have wide application in the bakery, dairy, brewing, animal feed
and pharmaceutical industry.
The rise in a number of working population and inclination towards the quality of the processed foods is boosting the growth of carbohydrase market. Rising demand for sports drinks is also contributing to the growth of carbohydrase market. Application of carbohydrase in the production of cyclodextrins for the pharmaceutical industry is propelling the growth of the market. However, the high cost of production may restrict the growth of the market. Nevertheless, all these factors are anticipated to drive the global carbohydrase market at a CAGR of 4.6% over the forecast period.
Downstream Analysis:
The global
carbohydrase market is segmented into type, source, and application.
On the basis of the
type, the carbohydrase market is segmented into amylases, cellulases,
pectinase, lactase, and others. Among them, the amylases is the most frequently
used carbohydrates followed by the cellulases. However, the lactase is
estimated to be the fastest growing segment based on the growing demand for
lactose-free products.
Based on the source,
carbohydrates market is segmented into microorganisms, plants, and animals.
Among them, the microorganism segment is anticipated to be dominating the
market followed by the animal segment.
On the basis of the
application, the carbohydrase market is segmented into
food & beverages, animal feed, pharmaceuticals, and others. Among all, the
food & beverage segment is dominating the market owing to the increasing
application of carbohydrase in the bakery, dairy, and beverage industry.
However, the animal feed segment is witnessed to gain a substantial growth over
the forecast period.
Competitive analysis:
The major players in
the carbohydrase market
- DuPont (U.S.)
- Royal DSM (The Netherlands)
- Novozymes (Denmark)
- Amano Enzyme Inc. (China)
- AB Enzymes Gmbh (Germany)
- Advanced Enzymes (India)
- Specialty Enzymes (China)
Regional Analysis:
The global
Carbohydrase market is segmented into North America, Europe, Asia Pacific, and
rest of the world (RoW). North America is dominating the market followed by
Europe. In the U.S. high preference for bakery products is influencing the
growth of carbohydrase in North America. Moreover, in Europe growing
inclination towards processed foods is boosting the growth of carbohydrase in
this region.
Asia Pacific is
witnessed to be the fastest growing region for the carbohydrase market in which
emerging markets of India and China are the major contributors. Rapid innovation
and technological advancement will boost the growth of carbohydrase in rest of
the world.
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Researchers are Studying Covid19 and its Impact on Various Industry Verticals
and wherever required we will be considering Covid19 Footprints for Better
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