The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s protein hydrolysis enzymes market report forecasts the protein hydrolysis enzymes market size to grow to $2.63 Billion by 2027, with a CAGR (compound annual growth rate) of more than 5%.

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Protein Hydrolysis Enzymes Market Size Forecast
The global protein hydrolysis enzymes market is expected to grow from $2 billion in 2022 to $2.12 billion in 2023 at a compound annual growth rate (CAGR) of 6.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global protein hydrolysis enzymes market size is expected to reach $2.63 billion in 2027 at a CAGR of 5.5%.

Asia-Pacific held the largest protein hydrolysis enzymes market share and was the fastest-growing region in 2022.

Key Protein Hydrolysis Enzymes Market Driver ­– Increase In The Prevalence Of Chronic Diseases
According to a survey published by the American Cancer Society, a US-based health organisation dedicated to treating individuals with cancer, there will be an anticipated 1.9 million new cancer cases identified in 2022 and 609,360 cancer deaths in the United States. Furthermore, 609,360 cancer deaths are expected in 2022, equating to approximately 1,670 deaths every day. As a result, an increase in the prevalence of chronic diseases is propelling the protein hydrolysis enzymes market forward.

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Key Protein Hydrolysis Enzymes Market Trend – Technological Advancement
To maintain their market position, major businesses in the protein hydrolysis enzymes market are focusing on creating innovative technologies. For example, Biocatalysts Ltd., a UK-based biotechnology business that produces specialist enzymes, will debut Promod® 324L, a novel enzyme for the pet food market, in November 2021. Promod 324L is distinguished by its broad substrate specificity and high efficiency in the hydrolysis of both animal and fish proteins. P324L can be used to improve the solubility and viscosity of animal protein during enzymatic breakdown, making the protein more processable.

Protein Hydrolysis Enzymes Market Segment
1) By Type: Microorganisms, Animals, Plants
2) By Method Of Production: Extraction, Fermentation
3) By Application: Detergent and Cleaning, Food and Beverage, Animal Feed, Textile, Dairy, Other Applications

Protein Hydrolysis Enzymes Market Major Players and Strategies
Major players in the protein hydrolysis enzymes market are Novozymes A/S, Royal DSM, DuPont de Nemours Inc., AB Enzymes GmbH, Advanced Enzyme Technologies, Dyadic International Inc., Jiangsu Boli Bioproducts Co. Ltd., Specialty Enzymes & Biotechnologies Co., Solvay Enzymes, Amano Enzyme Inc., Biocatalysts, Aumgene Biosciences, Merck KGaA, Bioseutica, Rossari Biotech Limited, Creative Protein hydrolysis enzyme, Enzyme Solutions, and Enzymatic Deinking Technologies LLC.

Biota was acquired by Novozymes, a Danish biotechnology company, for an undisclosed sum in March 2021. Novozymes is expanding its experience and capabilities in the realm of microbiomes by acquiring Biota. Biota is a corporation established in the United States that specialises in genomics for industrial sectors, such as protein hydrolysis enzymes.

The Protein Hydrolysis Enzymes Global Market Report 2023 covers regional data on protein hydrolysis enzymes market size, protein hydrolysis enzymes market trends and drivers, opportunities, strategies, and protein hydrolysis enzymes market competitor analysis. The countries covered in the protein hydrolysis enzymes market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Protein hydrolysis enzymes are responsible for the dissolution of peptide bonds and the formation of free amino acids and carboxyl groups. Protein hydrolysis enzymes are used to improve protein solubility, hydrophobicity, and viscosity.

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