IHS Chemical Week

Markets :: Fine Chemicals/Biotech :: Pharmaceutical ingredients

U.S. Enzyme Sales to Top $2.8 Billion in 2014

10:09 AM MDT | September 16, 2010 | Alex Scott

Sales of enzymes in the U.S. are set to increase 4.8%/year, to $2.8 billion in 2014, according to research by Freedonia Group (Cleveland, OH), a market research firm. Much of the growth will come from the increasing use of enzymes for pharmaceutical applications, and to a lesser extent for processing cellulosic ethanol. Carbohydrases will continue to be the largest selling enzyme product type.   To date, the biofuels enzyme product mix has been dominated by alpha amylases and glucoamylases used in conventional starch-based ethanol processing. Through...

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