According to the latest BCC research report, the global industrial enzyme market value will continue to grow at a compound annual growth rate of 9.1% over the next four years, from US$3.9 billion in 2011 to approximately US$6.1 billion in 2016.
The report subdivides the industrial enzyme market into three parts: biological enzymes, food and beverage enzymes, and other enzyme preparations. According to the BCC research report, the market value of bio-enzymes reached US$1.2 billion in 2011 and is expected to continue to grow at a compound annual growth rate of 8.2%, reaching US$1.7 billion in 2016. The market value of active enzymes for food and beverages in 2011 was close to US$1.3 billion, and will grow at a compound annual growth rate of 10.4% in the next four years, and is expected to reach US$2.1 billion in 2016. The market value of other enzyme preparations in 2011 was US$1.5 billion and is expected to grow at a compound annual growth rate of 8.7%. By 2016, the market value will reach US$2.2 billion.
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