Protease is also referred as proteinase or peptidase. Protease is an enzyme which breaks down proteins and peptides. Protease enzymes catalyze protein catabolism by hydrolysis of the peptide bonds linking amino acids together. Protease helps to break down the protein in food into amino acids, which the body can use for energy. Proteases are found in animals, plants, bacteria, viruses, etc. Proteases are also involved in human biology such as protein processing, regulation of protein function, apoptosis, viral pathogenesis, digestion, etc.
MARKET DYNAMICS
Increase in diverse functionality in food across the globe is driving the demand for proteases market. Furthermore, proteases functionality in feed increasing its demand in the livestock industry due to which it is also projected to greatly influence the proteases market. Moreover, application of proteases as a class of therapeutic agents is anticipated to have a robust impact in the proteases market. Increasing demand for environmental and health-friendly products, which in turn are expected to generate untapped opportunity for the market participants.
MARKET SCOPE
The "Global Proteases Market Analysis to 2028" is a specialized and in-depth study of the food and beverage industry with a special focus on the global market trend analysis. The report aims to provide an overview of proteases market with detailed market segmentation by source, product, method of production, formulation, application and geography. The global proteases market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading proteases market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global proteases market is segmented on the basis of source, product, method of production, formulation and application. Based on source, the market is segmented into animal sources, plant sources, and microbial sources. On the basis of the product the market is segmented into animal product, plant, and microbial. On the basis of the method of production the market is segmented into fermentation and extraction. On the basis of the formulation the market is segmented into liquid formulations, lyophilized powder, and others. On the basis of the application the market is segmented into food & beverages, feed, soap & detergent industry, pharmaceuticals, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global proteases market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The proteases market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting proteases market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the proteases market in these regions.
MARKET PLAYERS
The reports cover key developments in the proteases market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from proteases market are anticipated to lucrative growth opportunities in the future with the rising demand for proteases in the global market. Below mentioned is the list of few companies engaged in the proteases market.
The report also includes the profiles of key proteases companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Advanced Enzyme Technologies Ltd
- Amano Enzyme Inc.
- Associated British Foods plc
- Biocatalysts Limited
- Chr. Hansen Holdings A/S
- Dyadic International, Inc.
- E. I. Du Pont De Nemours and Company
- Koninklijke DSM N.V
- Novozymes A/S
- Specialty Enzymes & Biotechnologies Co.