Asia Pacific Protease Market Size, Share & Industry Trends Analysis Report By Application (Soap & Detergents, Food & Beverages, Animal Feed, Pharmaceuticals), By Source (Microbes, Animals, and Plants), By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Asia Pacific Protease Market would witness market growth of 6.2% CAGR during the forecast period (2022-2028).
For the purpose of investigating and creating novel procedures, goods, and assays, there is a wide variety of pure enzymes and enzyme mixes. Proteolytic enzymes, which are present in some foods and supplements, play a number of vital roles in the body, including aiding in the breakdown of food into energy. According to various studies, the protease may help with reducing inflammation, and digestion, relieve arthritis pain, and potentially even lessen IBS symptoms.
Additionally, the preliminary studies indicate that they might aid in the battle against cancer, though more studies are required. The health may benefit in a number of ways from including proteolytic enzymes in the diet, whether through whole foods or dietary supplements. Since whey protein concentrate has very low fat and carbohydrate composition, it can be ingested often.
When compared to whey protein isolate powder, the filtration procedure used to create whey protein concentrate powder is less severe. In comparison to isolate powder, this procedure guarantees that whey protein concentrate powder will be rich in lipids, calories, proteins, and carbohydrates. Whey protein concentrate is said to be the most affordable, well-liked, and efficient for consumers because it provides muscles with an incredibly refined, incredibly pure, extremely high protein blend that is also simply edible.
The primary APAC nations where the population has increased significantly are India and China. The expanding economy and bettering lifestyles are a couple of the main reasons boosting the demand for whey protein. The demand for dairy-based protein supplements is also growing quickly in APAC as people become more aware of their nutritional value. Due to increasing income levels, the region's demand for protein components has changed significantly in terms of nutritional profile and quality along with rising spending on nutrient foods.
The China market dominated the Asia Pacific Protease Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $423.4 Million by 2028. The Japan market is estimated to grow a CAGR of 5.5% during (2022 - 2028). Additionally, The India market would experience a CAGR of 6.8% during (2022 - 2028).
Based on Application, the market is segmented into Soap & Detergents, Food & Beverages, Animal Feed, Pharmaceuticals, and Others. Based on Source, the market is segmented into Microbes, Animals, and Plants. Based on countries, the market is segmented into China, Japan, India, Australia, South Korea, Singapore, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Protease Market is Projected to reach USD 5 Billion by 2028, at a CAGR of 5.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Advanced Enzyme Technologies Limited, Amano Enzyme, Inc., Associated British Foods PLC, BASF SE, Dupont De Nemours, Inc., Koninklijke DSM N.V., Novozymes A/S, Chr. Hansen Holding A/S, Biocatalysts Limited (Brain AG), and Dyadic International, Inc.
Scope of the Study
Market Segments Covered in the Report:
- Soap & Detergents
- Food & Beverages
- Animal Feed
- South Korea
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Advanced Enzyme Technologies Limited
- Amano Enzyme, Inc.
- Associated British Foods PLC
- BASF SE
- Dupont De Nemours, Inc.
- Koninklijke DSM N.V.
- Novozymes A/S
- Chr. Hansen Holding A/S
- Biocatalysts Limited (Brain AG)
- Dyadic International, Inc.
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