PUBLISHER: IMARC | PRODUCT CODE: 1520475
PUBLISHER: IMARC | PRODUCT CODE: 1520475
The North America biocatalysts market size reached 47,400 Tons in 2023. Looking forward, IMARC Group expects the market to reach 78,710 Tons by 2032, exhibiting a growth rate (CAGR) of 5.6% during 2024-2032.
Biocatalysts are defined as substances made from biological (non-human) materials or enzymes, which help in modifying or increasing the rate of a chemical reaction. Some of the common biocatalysts include microbes, lipases, proteases, cellulases and amylases. They are organic, biodegradable, and have high catalytic efficiency and the ability to operate under mild conditions. Owing to the aforementioned properties possessed by biocatalysts, they are widely used in various industries, including food and beverages, pharmaceuticals, detergents and textiles.
The North America biocatalysts market is currently being driven by several factors. The rising environmental concerns have increased the demand for biocatalysts in the production of biochemicals, biofuels and other biomaterials. Furthermore, biocatalysts also help in waste reduction, which makes them highly efficient to be used in the region's chemical industry. Apart from this, several biocatalysts, such as carbohydrase, protease, and lipase, act as digestive, anti-staling, and softening agents for food and beverages. Additionally, they also help in increasing the shelf life of edibles that is further driving the market growth. Moreover, rising technological innovations in the pharmaceuticals industry have also propelled the demand for biocatalysts in the region.
IMARC Group provides an analysis of the key trends in each segment of the North America biocatalysts market report, along with forecasts at the regional and country levels from 2024-2032. Our report has categorized the market based on type, application and source.
Hydrolases
Oxidoreductases
Transferases
Others
Food and Beverages
Cleaning Agent
Biofuel Production
Agriculture and Feed
Biopharmaceuticals
Others
Microorganisms
Plants
Animals
United States
Canada
Mexico
Value Chain Analysis
Key Drivers and Challenges
Porters Five Forces Analysis
PESTEL Analysis
Government Regulations
The competitive landscape of the industry has also been examined along with the profiles of the key players.