The Size of the Protein Hydrolysis Enzymes Market in Europe was valued at USD 0.47 billion in 2023 and is poised to reach USD 0.58 billion by 2028, projected to grow at a prominent CAGR of 4.09% during the forecast period 2023 to 2028.
Growing disposable income of family-integrated with amplifying buyer power in Europe will assist the protein hydrolysis enzymes market’s growth. The revelation of health values, enhancing the nutritional value of poultry meal, and less sensitive food are considered to motivate the development of the protein hydrolysis enzymes market growth in the upcoming years. An increasing number of protease products for varied applications and experimenting with technological platforms offering substantial growth opportunities to the European protein hydrolysis enzymes market. The low cost, which is connected with the production, is likely to accelerate the growth. Moreover, the increasing necessity for non-allergic food products among the dairy sector and clean labeling are projected to surge the development of the protein hydrolysis enzymes market during the review period.
The availability of alternative chemicals and shelf life-related concerns are impeding the market growth. High salt consistency and improper elements are factors restraining the growth of the protein hydrolysis enzymes market during the analysis period. The expensive nature of development and research towards the protein hydrolysis enzymes market is obstructing the growth.
This research report on the Europe Protein Hydrolysis Enzymes Market has been segmented and sub-segmented into the following categories:
The European market is estimated to hike at a promising CAGR throughout the forecast period and is expected to be the second-largest market behind North America. The reasons for the same might be government policies.
The European market is attributed by factors like increasing uncovering health values, changes of properties in food proteins, and a decrease in feed costs. Growing demand for environment-friendly chemical additives and less cost labeling solutions are upgrading the growth in the market. Germany is considered to lead the market with the largest share during the period due to high producing capability. The minimum time required for production is adding fuel to the growth. Growing demand for protein hydrolysis enzymes from different end-user companies like pharmaceuticals and animal feed propels growth. Increasing acquisition by key players in the market, increasing adoption of protease enzymes in detergent and textile manufacturing enhances market growth during the period. Increasing the assumption rate of protease enzymes into amino acids due to the wide range of applications like hydrolysis is projected to improve the market growth in the European region. Other countries like the UK, France, and the Rest of Europe are predicted to have stimulating growth in the area.
Prominent Companies dominating the Europe Protein Hydrolysis Enzymes Market Profiled in the Report are Ab Enzymess, Dyadic International, Inc., Solvay Enzymess, Royal DSM, Novozymes A/S, and Specialty Enzymess & Biotechnologies Co.,
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