Proteases Market

Market Overview

The amino acids are organic compounds containing amine and carboxylic groups. In proteins are these amino acids are linked by peptide bonds. Proteases are the class of enzymes which catalyzes the hydrolysis reaction of peptide bonds in proteins. There are different types of proteases which differ on their source type, some of which includes ficain, asclepian, papain, clostripain etc. The mechanisms of proteases include serine proteases, cysteine proteases, metalloproteases, glutamic acid proteases etc. Generally, proteases from fungal and bacterial source are modified genetically by transfer of some genes or by deleting to enhance their performance. Thus, genetically engineered proteases result in enhanced catalytic activities, stability, modified pH and temperature levels. Proteases are widely used in food applications such as in dairy it helps in milk coagulation, flavor modification whereas in a bakery it enhances gluten development. Other food applications include seafood processing, animal protein processing, in yeast hydrolysis, etc.

The proteases market is primarily driven by the growth of food and detergent industries. The high demand for cleaning formulation drives the global proteases market. Besides, Protease is an important ingredient in the pharmaceutical application. This is also a factor for the growth of global proteases market.

The global proteases market is geographically divided in to five key regions including North America, Latin America, Europe, Asia-Pacific and Middle East & Africa.North America and Europe holds maximum share in the global proteases market. The detergent, pharmaceutical industries contributes majorly in the consumption of proteases. However, in Asia Pacific proteases market is in its growth phase, where major industries include food and pharmaceutical. China, Korea, Japan, Taiwan, Vietnam are important countries for proteases market growth prospectus. Latin America and MEA are expected to grow quite slower during the forecast period due to economic conditions.

Key Players

Some of the key players identified in the global proteases market are Noor Enzymes Pvt Ltd, Novozymes, Associated British Foods plc, Chr. Hansen Holding A/S, DuPont, DSM N.V etc. 

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections done using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, type, machine size and end use.

The report covers exhaustive analysis on:

• Market Segments
• Market Dynamics
• Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies involved
• Technology
• Value Chain

Regional analysis includes

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East and Africa

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segments. The report also maps the qualitative impact of various factors on market segments and geographies.