The industrial hemp market is estimated to grow at a CAGR of 21.25% to reach 5,408.026 million in 2024 from US$1,701.850 million in 2018. Hemp, or industrial hemp, is a plant species that is grown specifically for the industrial uses. It is one of the fastest-growing plants. It includes the by-products of hemp plants and plant parts. For example, by-products are considered as industrial hemp and include hemp flour and hemp seed oil. Industrial hemp is used in producing a l Read more...
The digestive enzymes market is projected to grow at a CAGR of 7.22% to reach US$1501.206 million in 2024 from US$988.176 million in 2018. Digestive enzymes are the complex proteins involved in breaking down complex macromolecules into their constituents for easy absorption and utilization by the body. Digestive enzymes need specific pH and temperature to work optimally. It is essential to maintain a healthy balance of digestive enzymes to optimize healthy digestion. Several digestive enzymes Read more...
The global Enzyme-Linked Immunosorbent Assay (ELISA) market is projected to grow at a CAGR of XX%, increasing from US$ XX billion in 2017 to US$ XX billion in 2023. ELISA (enzyme-linked immunosorbent assay) or enzyme immunoassay (EIA) is a plate-based assay technique designed for detecting and quantifying substances such as peptides, proteins, antibodies and hormones. ELISA is often used as a screening tool before more in-depth tests are ordered. Reactant of the ELISA are immobilized to the micr Read more...
The brewing enzymes market is projected twitness a CAGR of 5.16% treach US$9.027 billion by 2023, increasing from US$6.675 billion in 2017. The growth in the industry may be attributed tthe rising adoption of the brewing enzymes because of their ability taccelerate the chemical reactions without changing their own properties. Commercially available brewing enzymes are being increasingly used in various steps of brewing process tmake the process quick, easy and consistent. Rising demand of beer a Read more...
The global food enzymes market is expected to grow at a CAGR of 5.89% during the forecast period of 2017-2023. Food enzymes are the chemical catalysts that initiate metabolic reaction within food materials to uplift their quality. The enzymes help in simplifying the food processing steps, thus, uplifting the quality of food products. Food enzymes such as protease and lipase are added during food processing to enhance the flavours, texture and organoleptic properties of the food and beverages. Ri Read more...
The global hydrocolloids market is projected to grow from US$8.260 billion in 2018 and to grow to US$10.367 billion in 2023, exhibiting a CAGR of 4.65% during the forecast period. Hydrocolloids are used extensively in wide variety of food products as gelling and thickening agents for improving shelf-life and quality of food products. Growing global demand for processed and ready-to-use food and beverage items augments the demand for hydrocolloids across food and beverage sector. Rising applicati Read more...
The global specialty enzymes market is projected to witness a compound annual growth rate of 9.02% during the forecast period to reach a total market size of US$4.044 billion by 2023, increasing from US$2.409 billion in 2017.Rising investments in R&D by global pharmaceutical industry is boosting the growth of global specialty enzymes market. The rising application of speciality enzymes for various therapies for diseases such as, cancer, pain and inflammations management etc., product innovat Read more...
Agricultural Enzymes market is projected to witness a compound annual growth rate of 6.77% over the period 2016 to 2021. Factors driving this market are growing preference towards organic food, along with the increasing awareness regarding the hazards associated with chemicals used in agricultural fields, coupled with results of high consumption of biotechnological inputs. Burgeoning demand for renewable sources of energy sources such as bio-fuels is also boosting the demand for agriculture en Read more...
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