Marine enzymes are bioactive ingredient which is applicable to numerous aspects such as food processing, storage, fortification and others.
industries primarily in food and beverages, cosmetics and pharmaceutical industries due to its effective properties is expected to fuel the growth of marine enzymes market in the coming years. The global market for marine enzymes is expected to show a healthy growth during the forecast period. This growth has been supported by the increasing demand for healthy and nutritious food among the health conscious consumer across the globe. The global marine enzymes market is segmented by sources, application and geography. Based on Sources, the global marine enzymes market is segmented into fungi, marine plants, and marine animals and so on. Among all these segments marine animals is expected to occupy major position on the pie followed marine plants. The segment “marine animals” are further segmented as fishes, crabs, snakes and prawns. Among all these sub-segment fish is expected to account for major market share during the forecast period. Fish proteins such as collagens and their gelatin derivatives can perform at relatively low temperatures and can also be used in heat-sensitive processes such as gelling and clarifying, which is expected to support the demand of fish enzyme in marine enzymes market during forecast period. However, crabs and prawns are also expected to show a healthy growth during in the near future. Based on Application, the global marine enzymes market is segmented into animal feed industry, food & beverages industry, pharmaceutical industry, cosmetic industry, leather, pulp and paper industry. Among all these segments food and beverage industry is expected to be dominant segment in terms of revenue contribution. Increased application and advantageous property of marine enzymes in food industry is expected to support its growth in next five to six years. Request Sample Copy of this Market Research @ https://www.millioninsights.com/industry-reports/marine-enzymes-market/request-sample Moreover, pharmaceutical industry is expected to show a substantial growth in terms revenue contribution during the forecast period. Marine enzymes provide numerous health benefits, which includes reduction of coronary heart disease, anti-carcinogenic and anti-inflammatory activity which is attributed to the growth of marine enzymes market through pharmaceutical industry. Based on Geography, the global marine enzymes market is segmented into North America, Asia Pacific, Europe, Latin America and Middle East & Africa. North America is expected to account for the highest share followed by European region in the near future. US are expected to be the most growing market for marine enzymes in North American region.
Moreover, European region is expected to be the fastest growing market followed by Asia Pacific. Continuous research and development to derive enzymes from marine animal and plants is expected to be the major factor to support its growth in developed region. The key players of global marine enzymes market are BioLume Inc., Biotec Phamacon ASA, DASK Corporation, ArticZymes, CP Kelco, Cyanotech Corporation, Nutrex Hawaii, FMC Health & Nutrition, Jazz Pharmaceuticals plc, Lonza Group Ltd., PML Applications Ltd., Marinova Pty Ltd, and Royal DSM N.V. See More Reports of this Category by Million Insights @ https://www.millioninsights.com/industry/chemicals-and-materials Market Segment: Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Marine Enzymes in these regions, from 2012 to 2022 (forecast), covering North America • Europe • China • Japan • Southeast Asia • India Global Marine Enzymes market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including • Biolume • Biotec Pharmacon • DASK • Arcticzymes • Novozymes • Nova Nordisk • Alligator Bioscience • Actelian On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into