January 20, 2021
According to the research report titled ‘UAE Industrial Enzymes Market Analysis, 2020‘, available with Market Study Report, UAE industrial enzymes market is anticipated to amass significant growth during 2020-2025
Rising demand for processed and packaged food items along with increasing focus towards using cosmetics and personal care products due to rising aging population are major factors driving the growth of UAE industrial enzymes market.
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Furthermore, widespread applications of the product in several industries such as pharmaceuticals, chemical production, and food & beverage are contributing to the growth of UAE industrial enzymes market outlook. Also, rising utilization of enzymes for biofuel production as non-renewable fossil fuel is also adding traction to the overall industry size.
Based on type, UAE industrial enzymes market is classified into carbohydrases (cellulases, amylases, glucanases, and others), proteases (aspartyl proteases, metalloproteases, serine proteases, and cysteine proteases), phytases (histidine acid phosphatase, purple acid phosphatase, cysteine phosphatase, β-propellar phytase, and others), lipases (hepatic lipase, gastric lipase, and pharyngeal lipase), and others (polymerases & nucleases).
Among these, report states that the carbohydrases segment captured the largest market share in 2019 and is poised to witness substantial expansion in the forthcoming years, owing to its widespread applications in industries like food and beverages, animal feed, and pharmaceuticals. Moreover, high adoption of carbohydrases enzymes in wines and juices as an artificial sweetener is also contributing to the segmental growth.
With respect to source type, UAE industrial enzymes market is segmented into animals, micro-organisms, and plants. In terms of application spectrum, the industry is divided into animal feed, food processing, detergents and cleaners, pulp & paper processing, cosmetic and others (biofuel, textile, leather processing etc.).
The regional scope of the market consists of Sharjah & North Emirates, Abu Dhabi & Ain, and Dubai.
Major players influencing UAE industrial enzymes market trends are Associated British Foods plc, Chr. Hansen Holding A/S, BASF SE, Koninklijke DSM N.V., Novozymes A/S, DuPont de Nemours, Inc., Dyadic International Inc., Adisseo, Advanced Enzyme Technologies Ltd., and Amano Enzyme Inc.