Protein Hydrolysis Enzymes Market Anticipated to Reach USD 2.79 Billion by 2028

The Protein Hydrolysis Enzymes Market is expected to reach USD 2.79 Billion by 2028, growing at a Compound Annual Growth Rate (CAGR) of 4.90% between 2021 and 2028. Rising protease enzymes usage due to several advantages such as offered hydrolysis of protein peptides into the amino acids and others is boosting the market growth. The increasing product demand from countries such as India, China, and Japan, is another factor driving the Protein Hydrolysis Enzymes Market.

Key Findings:

• The micro-organisms segment is projected to grow at a Significant Compound Annual Growth Rate (CAGR) over the forecast period. This is owing to the rising demand for detergent and cleaning applications.
• The detergent segment held a significant market share in 2021. This is due to the rising hygiene concerns among people and several measures have been taken to control the spread of infectious diseases, during the COVID scenario, this has become an even more important factor.
• Asia Pacific is expected to grow at the fastest CAGR from 2022 to 2028. This regional growth is attributed to higher consumption of animal feed. Additionally, the market for Protein Hydrolysis Enzymes is positively influenced by the growth and development of pharmaceuticals in North America.

Some of the players in Protein Hydrolysis Enzymes Market are - Novozymes, Ab Enzymes, Royal Dsm, Advanced Enzymes, Specialty Enzymes & Biotechnologies Co., Jiangsu Boli Bioproducts Co., Ltd, E.I. Dupont De Nemours & Company, Dyadic International, Inc., Amano Enzymes, and Solvay Enzymes..

The modification and advancement in the properties of food proteins and reduction in the feed costs for Protein Hydrolysis Enzymes are factors defining the largest growth of Protein Hydrolysis Enzymes Market over the projected years. In addition to this, increasing product usage in controlling nitrogen content as well as phosphorus pollution is leading the industry growth. The product has its limited application in the food processing industry coupled with the fact that bio-chemicals are used as substitutes in industrial processes. These are the factors that provide an adverse impact on the market expansion.

The Asia Pacific is anticipated to hold a significant share in 2021. The demand in emerging economies like India, and China is higher because the consumer is taking interest in exploiting the new & convenient products of cleaning & detergents. Additionally, increased demand for green products in the region is contributing to regional growth.