Middle East and Africa Carbohydrase Market is estimated to reach USD 0.19 billion by 2028 from a market value of USD 0.14 billion in 2022 at a CAGR of 6.33%. The Carbohydrase market is showcasing significant potential over the mentioned forecast period. The market continues to build up momentum with the pharma sector registering rapid growth over recent years, leading to increased interest shown by companies in the market.
Carbohydrase is a kind of enzyme, with a large family of cellulase, amylase etc. Carbohydrase is an important raw material in various application in different industries like, food, beverages, animal feed, pharmaceuticals, leather, textile, and others. One of the major purpose of carbohydrase in these industries is to reduce the greenhouse gas emission and avoid wastage of other raw materials.
Drivers and Restraints:
The pharmaceutical industry has been witnessing a significant growth lately, which has been a crucial factor in the favour of carbohydrase market. Other key factors, driving the market growth include emerging applications of carbohydrase, advancements in technology in enzyme engineering, increasing demand in Asia-Pacific. On the other hand, the market has been facing some restraints as well. These include temperature and pH in alpha-amylase activity as well as high production costs. These factors have been holding the market back from reaching its full potential.
Middle East and Africa Carbohydrase Market Segmentation Analysis:
The Middle East & Africa Carbohydrase market is segmented based on type, application and source. The market is segmented on the basis of type under cellulase and amylase. On the basis of source the market is divided into animals, microorganisms, plants and others. Based on application, the segmentation is done under animal feed, pharmacy, food & beverages and other applications.
On the basis of geography, the Middle East & Africa market is analysed under various regions namely Middle East and Africa.
Key Players in the Market:
Major key players in the MEA Carbohydrase Market are
The major companies showing interest in the market lately, include Dyadic International, Inc., Amano Enzyme Inc., AB Enzymes Gmbh, Novozymes, Royal DSM, CHR. Hansen Holding A/S, Advanced Enzymes, Verenium, E.I. Dupont De Nemours & Co., Specialty Enzymes.
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