Specialty Enzymes Market to Exceed Usd 4 Billion by 2020 - by Market Research Engine

Specialty Enzymes Market to exceed USD 4 Billion by 2020 - by Market

Research Engine

New York, July 30: Market Research Engine has published a new report titled as

“Specialty Enzymes Market - Global Industry Analysis, Size, Share, Growth, Trends

and Forecast, 2015 - 2020”

Specialty enzymes are organic enzymes which are procured from fungal products and animals.

These are organic proteins which are obtained from living organisms. Specialty enzymes help

accelerate chemical reaction.

Browse Full Report: https://www.marketresearchengine.com/reportdetails/Specialty-enzymes-

market

Global Specialty enzymes market is anticipated to exceed more than USD 4.5 billion by

2020.North America is a dominant market owing to high demand of Specialty enzymes in

pharmaceutical and diagnostic industry. Europe accounted to hold second largest share of

Specialty enzymes globally. Asia Pacific market is growing with higher rates at a CAGR of 11%

owing to increasing standards of life and increasing diseases. Asia Pacific market is expected to

lead the potential market of Specialty enzymes globally by 2020.

Increasing demand for Specialty enzymes owing to increasing significance of healthcare and

expenditure on maintaining good health which is a major driving factor. Growing innovations

and advancements in manufacturing of enzymes is triggering the growth of this market.

Increasing use of Specialty chemicals as biocatalysts in production of drugs and fine chemicals.

Rising awareness of nutritional values of these enzymes in supplements is driving the market.

Owing to increasing importance of Specialty enzymes for treating cancer is another growth

factor. Increasing rate of cardiovascular diseases is increasing significance of enzymes.

The global Specialty enzymes market according to its types is segmented as carbohydrases,

protease, polymerases and nucleases and others. The application segment is as follows

pharmaceuticals, biocatalysts, diagnostics,...