Asia Pacific Carbohydrase Market has been estimated at USD 0.74 billion in 2021 and is projected to reach USD 1.11 billion by 2026, at a CAGR of 8.52% during the forecast period from 2021 to 2026.
The Carbohydrase market is showcasing significant potential in the mentioned forecast period. The market continues to build up momentum with the significant growth in the pharma industry over recent period. This has led the traffic to turn in the direction of the market.
Carbohydrase is a type of enzyme, with a large family of amylase, cellulase, etc. Carbohydrase is a crucial raw material in different application in various industries like, food, beverages, pharmaceuticals, animal feed, textile, leather, and others. One of the key purposes of carbohydrase in these industries is ensure lower greenhouse gas emission and avoid wastage of raw materials.
The pharmaceutical industry has witnessed an evident growth lately, which has been a key factor in the favour of carbohydrase market. Other major factors, driving the growth include emerging applications of carbohydrase, advancements in technology in enzyme engineering, increasing demand in Asia-Pacific. On the other hand, the market faces few restraints as well. These include temperature and pH in alpha-amylase activity and high production costs. These factors have been holding down the market from reaching its actual potential.
The Asia Pacific market for Carbohydrase is categorized on the basis of source, application and type. The market segmentation based on type is done into amylases and cellulases. Based on application, the market is segmented into food and beverages, animal feed, pharmaceuticals and others. Finally, the market is segmented based on sources into, plants, animals and microorganisms.
Geographically the Asia Pacific Carbohydrase Market is segmented into India, Japan, China, Australia, Singapore, Malaysia, South Korea, New Zealand, and Southeast Asia.
Key Players in the Market:
Major key Players in the APAC Carbohydrase Market are
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