Dublin, Sept. 04, 2023 (GLOBE NEWSWIRE) -- The "Hydrolase Enzymes Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Source, By Method of Production, By Application, By Region, and Competition" report has been added to ResearchAndMarkets.com's offering.
Global Hydrolase Enzymes market is anticipated to grow significantly in the forecasted period of 2024-2028F due to growing demand for biofuel production where hydrolase enzymes are used.
The Hydrolase Enzymes market, a prominent segment within the industrial enzymes market, encompasses enzymes utilized across diverse industrial applications, ranging from food and beverage processing to biofuel production and animal feed additives. Positioned as a subset of industrial enzymes, Hydrolase Enzymes serve as catalysts for the hydrolysis of various chemical bonds, including ester bonds, glycosidic bonds, and peptide bonds.
The extensive versatility of Hydrolase Enzymes finds its application across sectors like food processing, where they enhance texture and flavor, as well as in the realm of biofuel production and other industrial processes. Noteworthy members of this enzyme group include amylases that convert starch into sugars, proteases responsible for protein breakdown into amino acids, and lipases contributing to the breakdown of fats into fatty acids and glycerol.
The anticipated growth of the global Hydrolase Enzymes Market is poised to unfold across various sectors, driven by escalating demand from industries spanning food and beverage, pharmaceuticals, and biotechnology. As these enzymes continue to play a pivotal role in diverse applications, their market presence is set to expand significantly over the forecasted period.
Increasing Demand of Hydrolase Enzymes from the Food and Beverages Industry
The food and beverage industry is a major consumer of Hydrolase Enzymes. Hydrolase Enzymes are used in various food processing applications to improve the texture, flavor, and appearance of food products, as well as to enhance their nutritional value. One example of Hydrolase Enzymes used in the food and beverage industry is amylase.
Hydrolase Enzymes play a vital factor in the food and beverage industry, helping to improve the quality, nutritional value, and taste of a wide range of food products. Hence, the widespread use of Hydrolase Enzymes to provide additional properties to enhance taste and properties is propelling the growth of global Hydrolase Enzymes market.
Growing Demand for Biofuels
Hydrolase Enzymes are also used in the production of biofuels. Biofuels are renewable energy sources that can be used to replace fossil fuels, reducing greenhouse gas emissions and dependence on non-renewable resources. As Hydrolase Enzyme used in biofuel production is cellulose.
Cellulase is used to break down cellulose, a complex carbohydrate found in plant material, into simple sugars that can be fermented into biofuels such as ethanol. Global energy consumption has reached 14 billion tons of oil, equivalenting to 2021, and in which more than the 80% of the world's energy demand is extracted from fossil fuels-based sources.
These statistics are making people and the government more actively acceptance of bio-based fuels to reduce the greenhouse effect and achieve sustainability in the energy sector. Apart from these, Hydrolase Enzyme used in biofuel production is lipase. Lipase is used to break down oils and fats into fatty acids and glycerol, which can be converted into biodiesel through a process called transesterification.
Hydrolase Enzymes play a critical role in the production of biofuels, helping to increase the efficiency and yield of the biofuel production process. As the demand for renewable energy sources continues to grow, the use of Hydrolase Enzymes in biofuel production is expected to increase as well. Hence, as the demand for biofuels increases, it will positively influence the market share of the global Hydrolase Enzymes market to achieve sustainability.
Growing Use of Hydrolase Enzymes in Animals Feed as Additive
Hydrolase Enzymes are used as animal feed additives. These enzymes are added to animal feed to improve its nutritional value and digestibility, leading to better animal health and productivity. For example, Hydrolase Enzyme used in animal feed is phytase. Phytase is used to break down phytic acid, a compound found in many plant-based feed ingredients, into inorganic phosphate and other nutrients that are more easily absorbed by animals. Another example of Hydrolase Enzymes used in animal feed is protease.
Protease is used to break down protein molecules in feed ingredients into smaller peptides and amino acids that are more easily absorbed by animals. Apart from these, lipases are also used in animal feed. Lipases break down fats and oils in feed ingredients into fatty acids and glycerol, which are important sources of energy for animals.
Hence, Hydrolase Enzymes play an important role in animal feed additives, helping to improve the nutritional value and digestibility of animal feed and leading to better animal health and productivity. Therefore, the demand for hydrolase enzymes is expected to increase the demand of the global hydrolase enzymes market in the upcoming period.
Favorable Government Policies
Government policies can have a significant impact on the Hydrolase Enzymes market, particularly in terms of regulation and incentives. In various countries, there are regulations governing the use of enzymes in various industries, including the food and beverage industry and the biofuel industry. These regulations may include requirements for safety, labeling, and product quality, which can impact the production and sale of Hydrolase Enzymes.
Governments also provide incentives for the development and use of Hydrolase Enzymes in various industries. For example, governments offer tax credits or grants to companies conducting research and development on new enzymes or using enzymes in sustainable production processes.
Apart from these, some governments may promote the use of biofuels to reduce greenhouse gas emissions and dependence on non-renewable resources. This can create opportunities for the use of Hydrolase Enzymes in biofuel production as companies seek to increase the efficiency and sustainability of their production processes.
Competitive landscape
Company Profiles: Detailed analysis of the major companies present in the global Hydrolase Enzymes market.
- Novozymes A/S
- BESTZYME BIO-ENGINEERING CO., LTD.
- AB Enzymes GmbH
- BASF SE
- Royal DSM NV
- Kemin Industries, Inc.
- Advanced Enzyme Technologies Limited
- Epygen Labs FZ LLC
- Creative Enzymes
- Specialty Enzymes & Probiotics
Report Scope:
Hydrolase Enzymes Market, By Source:
- Animal Tissues
- Micro-organisms
- Plants
Hydrolase Enzymes Market, By Method of Production:
- Fermentation
- Extraction
Hydrolase Enzymes Market, By Application:
- Pharmaceutical
- Food & Beverage
- Leather
- Others
Hydrolase Enzymes Market, By Region:
- North America
- United States
- Mexico
- Canada
- Europe
- France
- Germany
- United Kingdom
- Spain
- Italy
- Asia-Pacific
- China
- India
- South Korea
- Japan
- Australia
- South America
- Brazil
- Argentina
- Colombia
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
For more information about this report visit https://www.researchandmarkets.com/r/juqkyd
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