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EnviroTech :: Biotech

Global Enzymes Market Set to Hit $7 Billion in 2013

2:37 AM MDT | September 15, 2009 | Alex Scott

The market for industrial enzymes will increase on average by 6.3%/year rising to $7 billion in 2013, according to a new report by market research firm Freedonia (Cleveland, OH). “Above average growth in the animal feed and ethanol production markets, will drive advances,” the company says. Enzymes for use in pharmaceuticals also will be among the fastest growth applications, the report’s authors’ state.   The above-average growth in specialty enzymes, polymerases and nucleases, along with various other enzyme types, will outpace...

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