Market Research Forecasts Industrial Enzymes Market at $6 Billion by 2016
(firmenpresse) - ROCKVILLE, MD -- (Marketwire) -- 05/01/12 -- MarketResearch.com has announced the addition of the new report "Global Markets for Enzymes in Industrial Applications - Focus on Europe," to their collection of Durable Medical Equipment market reports. For more information, visit
The global market for industrial enzymes was valued at $3.1 billion in 2009 and reached about $3.6 billion in 2010. The estimated market for 2011 is about $3.9 billion. BCC projects this market to grow at a compounded annual growth rate (CAGR) of 9.1% to reach $6 billion by 2016.
Food and beverage enzymes comprise the largest segment of the industrial enzymes industry with revenues of nearly $1.2 billion in 2010. This market is expected to reach $1.3 billion by 2011 and further it will grow to $2.1 billion by 2016, a CAGR of 10.4%.
The second-largest category is technical enzymes with revenues of about $1.1 billion in 2010 and nearly $1.2 billion in 2011. This market is further expected to grow to $1.7 billion by 2016, a CAGR of 8.2%.
For more information, visit
MarketResearch.com is the leading provider of global market intelligence products and services. With research reports from more than 720 top consulting and advisory firms, MarketResearch.com offers instant online access to the world's most extensive database of expert insights on global industries, companies, products, and trends. Moreover, MarketResearch.com's Research Specialists have in-depth knowledge of the publishers and the various types of reports in their respective industries and are ready to provide research assistance. For more information, call Veronica Franco at 240-747-3016 or visit .
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Datum: 01.05.2012 - 04:08 Uhr
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