Market Research Future (Food and Beverages) Carbohydrase Market Forecast to 2023 Available in | Page 3

Carbohydrase Market Research Report– Forecast to 2023
2 Market Overview
Globally, carbohydrase is witnessing a high demand. Carbohydrase is witnessing an increased application in sports
drinks and the growing demand for sports drink is boosting the growth of carbohydrase market. Moreover, growth of
carbohydrase in the pharmaceutical industry will propel the carbohydrase market growth.
Growing dairy, bakery and alcohol markets is increasing the application of carbohydrase in these industries and in
turn driving the growth of carbohydrase market. Moreover, rising population suffering from lactose intolerance is also
influencing the growth of lactase in dairy industry resulting to overall growth of carbohydrase market. Additionally,
carbohydrase mainly helps to reduce feed cost along with improvising the livestock performance which is acting as
a major driver for carbohydrase in animal feed industry. Apart from these advantages, the growth of carbohydrase
market may be hampered owing to their inefficiency to act at high pH values.
Regional Analysis:
The global carbohydrase market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW).
North America is dominating the market followed by Europe. Asia Pacific is the fastest growing region for
carbohydrase market in which emerging markets of India and China are the major contributors. Growing dairy
industry in this region is driving the growth of the market.
In North America owing to the busy work schedule, majority of the population prefer wraps, rolls and pocket
sandwiches, driving the growth of bakery products in this region which in turn boosts the carbohydrase market. In
Europe, the U.K, Germany, and France are the major contributors to carbohydrase market. Increasing consumption
of carbohydrase in various industries including pharmaceuticals will boost the growth of carbohydrase in rest of the
world.
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