North America Carbohydrase Market By Source (Plants, Animals, Microorganisms), By Type (Amylases, Cellulases), By Application (Animal Feed, Pharmaceuticals, Food & Beverages, Others), And By Country (US, Canada and Rest of North America) - Growth, Size, Share, Trends, and Forecasts (2023 to 2028)
North America Carbohydrase Marekt Growth and Forecast (2023 - 2028):
North America Carbohydrase Market is expected to reach USD 2.31 billion by 2028 from USD 1.71 billion in 2022, growing at a CAGR of 6.19%. The Carbohydrase market is forecasted to show great potential over the mentioned period.
Market Overview:
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 shown a significant growth lately, which has been a key factor in the favour of carbohydrase market. Other important factors, driving the market growth include emerging applications of carbohydrase, advancements in technology in enzyme engineering as well as increasing demand in Asia-Pacific. On the other hand, the market is facing some restraints as well. These include high costs of production, and unfavourable pH and temperature in alpha-amylase activity. These factors are responsible for holding back the market from reaching its full potential.
North America Carbohydrase Market Segmentation Analysis:
The North America Carbohydrase market is segmented by source, type and application. On the basis of segmentation by source, the segments are animals, plants, microorganism, etc. The market segmentation based on type is done into amylase and cellulase. Based on segmentation by application the market is categorized into animal feed, food & beverages, pharmaceuticals and other applications as well.
Region Analysis:
Geographically the North America Carbohydrase Market is segmented into US, Canada and Rest of North America.
Key Players in the Market:
Major Key Players in the North America Carbohydrase Market are
- Amano Enzyme Inc
- AB Enzymes Gmbh
- Novozymes
- Dyadic International, Inc
- Advanced Enzymes
- Royal DSM
- Verenium
- Specialty Enzymes
- CHR. Hansen Holding A/S
- E.I. Dupont De Nemours & Co
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