Infinium Global Research Lipase Market | Page 2

A latest report has been added to the wide database of Lipase Market by Infinium Global Research. This report studies the Lipase Market by source (animals, microorganisms, and plants), application (animal feed, bakery, cosmetics, confectionary, diary, detergent, leather, paper, pharmaceutical, and textile) market status and outlook of global and major regions, from manufacturers, and end industries. The objective of the study is to identify market sizes of different segments & countries in recent years and to forecast the values for the next six years. Lipase Market provides opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape, latest trends, and product offerings of the major companies in the Lipase Market. Animal feed industry adopted lipase as a healthy alternative to chemical ingredients to augment growth of livestocks, poultry and aquatic animals naturally at lesser cost. The growth in the market is fuelled by the rising consumption of dairy, meat and other food products. Moreover, the increasing awareness among people about the need for healthy and non-chemical ingredients is driving several industries to use enzymes such as lipase. However, the lack of clarity in the laws and regulations regarding lipase patents across the world is a primary restraining factor hampering the growth prospects of the market. Segments Covered: The report segments the global lipase market by source, application, and region. On the basis of source, the segmentation includes animals, microorganisms, and plants. The segmentation based on application includes animal feed, bakery, cosmetics, confectionary, diary, detergent, leather, paper, pharmaceutical, textile, and others. Geographic Coverage and Analysis: The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. Asia- Pacific region leads the global lipase market followed by North America, Europe and South America. China, Japan and India drive the Asia-Pacific region with increase in consumption of food and beverages, dairy and other industrial products. Meat, food and beverages industries in USA drive the market for lipases in the North America. Furthermore, South America is projected to attain higher growth rates and become major lipase market in coming years. The detection of pancreatitis and modern treatments available in healthcare industry is expected to provide opportunity for global lipase market players. The demand for healthier animal feed that comply with the regulations is expected to drive the lipase market globally.