The biocatalysis & biocatalyst market is expected to grow at a CAGR of 15% by 2024


   September 26, 2019
According to a market report by Lucintel, the future of the biocatalysis & biocatalyst market looks promising with opportunities in the food & beverage, cleaning agent, biofuel production, agriculture & feed, and biopharmaceutical industries. The biocatalysis & biocatalyst market is expected to grow with a CAGR of 15% from 2019 to 2024. The major growth drivers for this market are increasing penetration of biocatalysis in various industries, increasing awareness about environment-friendly products, and advancements in biocatalysis technology.

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In this market, hydrolases, oxidoreductases, and transferases are the major catalyst type.

Within the biocatalysis & biocatalyst market, food & beverages, cleaning agents, biofuel production, agriculture & feed, and biopharmaceuticals are the major end use industries. Food & beverages is the largest end use segment of the biocatalysis & biocatalyst market.

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Europe is expected to remain the largest market over the forecast period due to stringent environmental regulations.

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E.I. Dupont De Nemours & Co., Royal DSM N.V., Codexis Inc., BASF SE, AB Enzymes Gmbh, Amano Enzymes, Novozymes A/S, Chr. Hansen, Dyadic International Inc., and The Soufflet Group are among the major manufacturers of biocatalysis & biocatalysts.

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the biocatalysis & biocatalyst market by end use industry, catalyst type, and region. Lucintel has prepared a comprehensive research report entitled "Biocatalysis & Biocatalyst Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the biocatalysis & biocatalyst market by end use industry, catalyst type, and region as follows:

By Catalyst Type: [$M shipment analysis for 2013 – 2024]:



  • Hydrolases


  • Oxidoreductases


  • Transferases


  • Others


By End Use Industry: [$M shipment analysis for 2013 – 2024]:



  • Food & Beverages


  • Cleaning Agents


  • Biofuel Production


  • Agriculture & Feed


  • Biopharmaceuticals


  • Others


By Region: [$M shipment analysis for 2013 – 2024]:



  • North America


  • The US


  • Canada


  • Mexico


  • Europe


  • Germany


  • Spain


  • France


  • The United Kingdom


  • Russia


  • Asia Pacific


  • China


  • Japan


  • India


  • South Korea


  • Thailand


  • Rest of the World


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This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/biocatalysis-aand-biocatalyst-market.aspx or helpdesk@lucintel.com.

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