IHS Chemical Week

Markets :: Fine Chemicals/Biotech :: Industrial Biotech

Industrial Enzymes Sales to Hit $4.4 Billion in 2015

8:09 AM MDT | August 8, 2011 | Alex Scott

The global market for industrial enzymes is set to increase at a combined annual growth rate (CAGR) of 6%, rising to $4.4 billion in 2015, according to a new report by BCC Research (Wellesley, MA), a market research firm. The market is growing from $3.3 billion in 2010.   The global market for industrial enzymes can be broken down into three segments; technical enzymes; food and beverage enzymes; and others.   Technical enzymes sales in 2010 of $1.1 billion, are set to rise at a CAGR of 6.6% to $1.5 billion in 2015.   Food and beverage enzymes...

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