A latest report has been added to the wide database of Protease Market by Infinium Global Research. This report studies the Protease
Market by source (animals, plants and microorganisms), by application (bioremediation, food and beverages, detergents and soaps, paper
and pulp, pharmaceuticals, textiles, and others) 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. Protease 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 Protease Market.
Microbial protease owing to significant demand from the industry accounted for substantial share in terms of revenue in the global
protease market. In dairy industry, rennin is the major protease in demand and it has application in cheese making process. Detergents and
soaps industry is a major source for growth of global protease market due to increasing demand from both domestic and industrial
applications. As an enzyme additive in feed, protease is expected to experience rapid growth in demand from livestock industry. The
innovations in protein engineering technology and government policies are expected to drive the global protease market over the forecast
period.
Segments Covered:
The report segments the global protease market by source, application, and region. In terms of source, the market is segmented as animals,
plants and microorganisms. On the basis of applications, the market is segmented as bioremediation, food and beverages, detergents and
soaps, paper and pulp, pharmaceuticals, textiles, 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. In terms of
market share, North America was the market in terms of revenue in 2017. Favorable regulations in the US have driven the demand for
protease over the past few years. Eastern Europe holds key in the growth of protease market in Europe as several Western European
countries have saturated demand. In parts of Europe and North America, the pharmaceutical sector generates demand for protease to
provide new impetus. While in Asia-Pacific region, the increasing disposable income is expected to drive the demand for products that
require protease for manufacturing. The detergents and soaps industry and pharmaceuticals industry in China and India drive the market in
the region. Increasing cost of raw materials and stringent guidelines for manufacturing of protease are the major challenges in front of the
major players in global protease market. In developing economies in the rest of the world, the modernization of various industries and
adoption of environmental friendly enzymes are expected to drive the demand of protease.