The UAE Industrial Enzymes market is projected to grow at an astronomical rate in the forecasted period on account of the burgeoning usage of industrial enzymes in the production of biofuels along with escalating demand of industrially manufactured enzymes among end-use industries such as food & beverages, animal feed, and pharmaceuticals and rising investment by the government in the research and development of new enzymes from micro-organisms and plants. Besides these, growing adoption of industrial enzymes in the food and beverage industry due to booming processed food and beverage industry, intertwined with surging use in cosmetics and personal care products on account of propelling aging population and rising concern among people regarding health and fitness is accelerating the demand for nutraceuticals. Thus, this is anticipated to place a positive impact on the growth of the market in the forthcoming timeline.

According to MarkNtel Advisors’ research report “UAE Industrial Enzymes Market Analysis, 2020”, the UAE Industrial Enzymes market is anticipated to grow at an exponential CAGR during 2020-2025. Based on Source, Microorganisms-based enzymes acquired the considerable market share in 2019. The growth of the segment is accredited to in detergents, pharmaceuticals, and food and beverage sectors. Moreover, plant-based enzymes segment is also growing at a considerable rate as these are enzyme-rich and can be consumed without being processed or cooked. The demand for plant-based is rising among the food industry as they reduce the stress on the small intestine by enhancing the digestion rate. Hence, this is projected to propel the growth of the segment in the coming years.

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“UAE Industrial Enzymes Market Analysis, 2020” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for Industrial Enzymes providers across the country. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitor's capabilities on 16 parameters. This will help companies in the formulation of Go to Market Strategies and identifying the blue ocean for its offerings.

Dubai Acquired the Highest Market Share

Dubai acquired the highest market share in the UAE Industrial Enzymes market in 2019. The growth of the market is attributed to burgeoning demand for industrial enzymes in textile and pharmaceuticals sector, surging adoption of enzymes in food industry for making various dairy products along with escalating demand for digestive and nutritional enzymes. Moreover, upsurge in the usage due to numerous eco-friendly industrial activities, rising technological innovations in the industrial enzymes and growing inclination towards alternative to synthetic chemicals are some of the factors strongly contributing towards the growth of Industrial Enzymes market in the forecast period as stated in MarkNtel Advisors’ research report “UAE Industrial Enzymes Market Analysis, 2020”.

According to MarkNtel Advisors’, the key players with a considerable market share in the UAE Managed Security market are BASF SE, Associated British Foods PLC, Koninklijke DSM N.V., E. I. Du Pont De Nemours and Company, Novozymes A/S, Dyadic International Inc., Advanced Enzyme Technologies Ltd, Adisseo, Chr. Hansen Holding A/S, Amano Enzyme Inc., etc.

Market Segmentation:

1. By Type (Carbohydrases [Amylases, Glucanases, Cellulases, Other (Lactase & Pectinase)], Proteases [Serine Proteases, Cysteine Proteases, Aspartyl Proteases, Metalloproteases], Lipases [Gastric lipase, Pharyngeal lipase, Hepatic lipase], Phytases [Histidine Acid Phosphatase, β-Propellar Phytase, Cysteine Phosphatase, Purple Acid Phosphatase], Others (Polymerases & nucleases etc.)),
2. By Source (Micro-Organisms, Plants, Animals),
3. By Application (Food Processing, Pulp & Paper Processing, Detergents and Cleaners, Animal Feed, Cosmetic, Others (Biofuel, Textile, Leather Processing etc.))
4. By Region (Dubai, Abu Dhabi & Al Ain, Sharjah & Northern Emirates),
5. By Company (BASF SE, Associated British Foods PLC, Koninklijke DSM N.V., E. I. Du Pont De Nemours and Company, Novozymes A/S, Dyadic International Inc., Advanced Enzyme Technologies Ltd, Adisseo, Chr. Hansen Holding A/S, Amano Enzyme Inc., etc.)

Key questions answered in the study:

1. What are the current and future market trends of the Industrial Enzymes industry?
2. How the industry has been evolving in terms of end-user demand and application areas?
3. How the competition has been shaping across the countries followed by their comparative factorial indexing?
4. What are the key growth drivers and challenges for the Industrial Enzymes industry?
5. What are the customers orientation, purchase behavior, and expectations from the Industrial Enzymes firms across various regions?