Marine Enzymes Market Shares and Growth Analysis Forecast to 2022
Marine enzymes are bioactive ingredient which is applicable to numerous aspects such as food processing, storage, fortification and others.
Marine enzymes are bioactive ingredient which is applicable to numerous aspects such as food processing, storage, fortification and others.
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<strong>Marine</strong> <strong>Enzymes</strong> <strong>Market</strong> Region, <strong>Shares</strong> <strong>and</strong> Competi<strong>to</strong>r<br />
<strong>Analysis</strong> <strong>Forecast</strong> <strong>to</strong> <strong>2022</strong><br />
<strong>Marine</strong> enzymes are bioactive ingredient, which is applicable <strong>to</strong> numerous<br />
aspects such as food processing, s<strong>to</strong>rage, fortification <strong>and</strong> others. The global<br />
market for marine enzymes is expected <strong>to</strong> show a healthy growth during the<br />
forecast period. This growth has been supported by the increasing dem<strong>and</strong> for<br />
healthy <strong>and</strong> nutritious food among the health conscious consumer across the<br />
globe.<br />
<strong>Marine</strong> enzymes are bioactive ingredient, which is applicable <strong>to</strong> numerous aspects such as food<br />
processing, s<strong>to</strong>rage, fortification <strong>and</strong> others. <strong>Marine</strong> enzymes are primarily derived from the plants<br />
<strong>and</strong> animals which lie under water. Its various advantages over traditional enzymes such as it can<br />
function at extreme temperature <strong>and</strong> pH while food processing can be used in heat-sensitive<br />
processes, acts as thickeners <strong>and</strong> stabilizers in a variety of foods <strong>and</strong> other products thus it is expected<br />
<strong>to</strong> support its growth across the globe during the forecast period.<br />
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<strong>Marine</strong> enzymes compounds such as pho<strong>to</strong>synthetic pigments <strong>and</strong> omega-3 polyunsaturated fatty<br />
acids play a very important role in nutraceutical industry, which is expected <strong>to</strong> drive the dem<strong>and</strong> of<br />
marine enzymes during the forecast period. Moreover, increased usage of marine enzymes in various
industries primarily in food <strong>and</strong> beverages, cosmetics <strong>and</strong> pharmaceutical industries due <strong>to</strong> its<br />
effective properties is expected <strong>to</strong> fuel the growth of marine enzymes market in the coming years.<br />
The global market for marine enzymes is expected <strong>to</strong> show a healthy growth during the forecast<br />
period. This growth has been supported by the increasing dem<strong>and</strong> for healthy <strong>and</strong> nutritious food<br />
among the health conscious consumer across the globe. The global marine enzymes market is<br />
segmented by sources, application <strong>and</strong> geography. Based on Sources, the global marine enzymes<br />
market is segmented in<strong>to</strong> fungi, marine plants, <strong>and</strong> marine animals <strong>and</strong> so on. Among all these<br />
segments marine animals is expected <strong>to</strong> occupy major position on the pie followed marine plants.<br />
The segment “marine animals” are further segmented as fishes, crabs, snakes <strong>and</strong> prawns. Among all<br />
these sub-segment fish is expected <strong>to</strong> account for major market share during the forecast period. Fish<br />
proteins such as collagens <strong>and</strong> their gelatin derivatives can perform at relatively low temperatures<br />
<strong>and</strong> can also be used in heat-sensitive processes such as gelling <strong>and</strong> clarifying, which is expected <strong>to</strong><br />
support the dem<strong>and</strong> of fish enzyme in marine enzymes market during forecast period. However, crabs<br />
<strong>and</strong> prawns are also expected <strong>to</strong> show a healthy growth during in the near future.<br />
Based on Application, the global marine enzymes market is segmented in<strong>to</strong> animal feed industry, food<br />
& beverages industry, pharmaceutical industry, cosmetic industry, leather, pulp <strong>and</strong> paper industry.<br />
Among all these segments food <strong>and</strong> beverage industry is expected <strong>to</strong> be dominant segment in terms<br />
of revenue contribution. Increased application <strong>and</strong> advantageous property of marine enzymes in food<br />
industry is expected <strong>to</strong> support its growth in next five <strong>to</strong> six years.<br />
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Moreover, pharmaceutical industry is expected <strong>to</strong> show a substantial growth in terms revenue<br />
contribution during the forecast period. <strong>Marine</strong> enzymes provide numerous health benefits, which<br />
includes reduction of coronary heart disease, anti-carcinogenic <strong>and</strong> anti-inflamma<strong>to</strong>ry activity which<br />
is attributed <strong>to</strong> the growth of marine enzymes market through pharmaceutical industry. Based on<br />
Geography, the global marine enzymes market is segmented in<strong>to</strong> North America, Asia Pacific, Europe,<br />
Latin America <strong>and</strong> Middle East & Africa. North America is expected <strong>to</strong> account for the highest share<br />
followed by European region in the near future. US are expected <strong>to</strong> be the most growing market for<br />
marine enzymes in North American region.
Moreover, European region is expected <strong>to</strong> be the fastest growing market followed by Asia Pacific.<br />
Continuous research <strong>and</strong> development <strong>to</strong> derive enzymes from marine animal <strong>and</strong> plants is expected<br />
<strong>to</strong> be the major fac<strong>to</strong>r <strong>to</strong> support its growth in developed region. The key players of global marine<br />
enzymes market are BioLume Inc., Biotec Phamacon ASA, DASK Corporation, ArticZymes, CP Kelco,<br />
Cyanotech Corporation, Nutrex Hawaii, FMC Health & Nutrition, Jazz Pharmaceuticals plc, Lonza<br />
Group Ltd., PML Applications Ltd., Marinova Pty Ltd, <strong>and</strong> Royal DSM N.V.<br />
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<strong>Market</strong> Segment:<br />
Geographically, this report is segmented in<strong>to</strong> several key Regions, with production, consumption,<br />
revenue (million USD), market share <strong>and</strong> growth rate of <strong>Marine</strong> <strong>Enzymes</strong> in these regions, from<br />
2012 <strong>to</strong> <strong>2022</strong> (forecast), covering<br />
North America<br />
• Europe<br />
• China<br />
• Japan<br />
• Southeast Asia<br />
• India<br />
Global <strong>Marine</strong> <strong>Enzymes</strong> market competition by <strong>to</strong>p manufacturers, with production, price,<br />
revenue (value) <strong>and</strong> market share for each manufacturer; the <strong>to</strong>p players including<br />
• Biolume<br />
• Biotec Pharmacon<br />
• DASK<br />
• Arcticzymes<br />
• Novozymes<br />
• Nova Nordisk<br />
• Alliga<strong>to</strong>r Bioscience<br />
• Actelian<br />
On the basis of product, this report displays the production, revenue, price, market share <strong>and</strong><br />
growth rate of each type, primarily split in<strong>to</strong>
y Product<br />
• Amylases<br />
• Lipases<br />
• Dnases<br />
• Other<br />
• by Source<br />
• Fungi<br />
• Aquatic Plants<br />
• Animals<br />
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https://www.millioninsights.com/industry-reports/marine-enzymes-market<br />
On the basis on the end users/applications, this report focuses on the status <strong>and</strong> outlook for<br />
major applications/end users, consumption (sales), market share <strong>and</strong> growth rate of <strong>Marine</strong><br />
<strong>Enzymes</strong> for each application, including<br />
• Food & Beverage<br />
• Medicine<br />
• Nutraceutical<br />
• Cosmetic Industry<br />
• Other
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