Market revenue in 2021 | USD 667.7 million |
Market revenue in 2030 | USD 1,154.6 million |
Growth rate | 6.3% (CAGR from 2021 to 2030) |
Largest segment | Industrial enzymes |
Fastest growing segment | Specialty Enzymes |
Historical data | 2018 - 2020 |
Base year | 2021 |
Forecast period | 2022 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Industrial Enzymes, Specialty Enzymes |
Key market players worldwide | BASF, Novonesis AS ADR, DuPont de Nemours Inc, DSM, Novus Holdings Ltd, Associated British Foods PLC, Advanced Enzymes, Bluestar Adisseo Co., Chr. Hansen, Lesaffre |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to enzymes market will help companies and investors design strategic landscapes.
Industrial enzymes was the largest segment with a revenue share of 54.73% in 2021. Horizon Databook has segmented the Germany enzymes market based on industrial enzymes, specialty enzymes covering the revenue growth of each sub-segment from 2018 to 2030.
Germany enzymes market is expected to witness considerable growth attributable to the rising product utilization in various industries including pharmaceutical, wastewater treatment, food & beverages, textiles, and cosmetics.
Germany is the largest food producer in Europe and is likely to witness high growth in the food & beverage sector on account of the growing population, increasing consumer surplus, and rising consumer preference for healthy food products.
Moreover, nutraceutical products are expected to foresee considerable growth on account of aging population in the country. The abovementioned factors are expected to positively impact the market growth over the projected years.
Horizon Databook provides a detailed overview of country-level data and insights on the Germany enzymes market , including forecasts for subscribers. This country databook contains high-level insights into Germany enzymes market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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