(EMAILWIRE.COM, April 18, 2023 ) Maximize Market research expects, the Bio-based Enzymes Market to grow from USD 5.89 Bn in 2021 to USD 9.72 Bn in 2029 at a CAGR of 6.45 percent.

Bio-based Enzymes Market Report Scope and Research Methodology

The report provides a detailed analysis of Bio-based Enzymes Market dynamics and regional insights. To collect and analyze the data for the market report, primary and secondary research methodologies were employed along with PORTER and PESTLE analysis. The bottom-up approach was used to estimate the Bio-based Enzymes Market size.

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Bio-based Enzymes Market Dynamics

The Bio-based Enzymes Market is driven by the increasing demand for Bio-based Enzymes in the food industry and the growing preference for use of the environment-friendly detergents. The market is hampered by the high costs associated with the production of enzymes.

Bio-based Enzymes Market Regional Insights

In 2021, North America dominated the market with a 36.4 percent market share. The regional market growth is driven by the increase in awareness about eco-friendly detergents among consumers and growth in pharmaceutical and biotechnological industries.

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Bio-based Enzymes Market Segmentation

By Type
Amylases
Cellulases
Lipases
Peroxidases
Pullulanase

By Application
Food Industry
Textile Industry
Other Applications

Bio-based Enzymes Market Key Competitors include:

BASF
E.I. du Pont de Nemours
DSM
Advanced Enzymes Technologies
Americos Industries
Catalyst Biosciences
Genencor International
Specialty Enzymes
Bio chemicals
Novozymes
CapriEnzymes
Realzyme LLC
Shenzhen Bio-enzyme Technology Co. Ltd

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Maximize Market Research is leading Material & Chemical research firm, has also published the following reports:

Baking Enzymes Market- The market size is expected to reach USD 1165.08 Mn by 2029 at a CAGR of 5.25 percent during the forecast period.

Bio-based Chemicals Market- The market size is expected to reach USD 161.03 Mn by 2029 at a CAGR of 10.05 percent during the forecast period.

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