The latest report by EMR titled, ‘Global Detergent Grade Enzymes Market Report and Forecast 2019-2024 ’, the global enzymes market reached a volume of over 908 kilo metric tons in 2018 and is projected to see further growth in the period 2019-2024 with a CAGR of 6.6% annually.

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Enzymes are biocatalysts which accelerate biochemical reactions and find major applications in the food and beverages, and cleaning industries. The enzymes market is divided into industrial and synthetic enzymes based on application with industrial enzymes finding their applications in detergents, starch processing and animal feeds sectors, and synthetic enzymes being used in pharmaceutical, research and biotechnology, diagnostics, and biocatalyst sectors. Industrial enzymes dominate the global enzymes market with cleaning products, especially detergents, accounting for almost a quarter of their global demand.

News Source: Global Detergent Grade Enzymes Market Report and Forecast 2019-2024  - Expert Market Research

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