According to IMARC Group’s latest report, titled “Japan Biocatalyst Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027.’ the Japan biocatalyst market is expected to exhibit a CAGR of X% during 2022-2027. Biocatalysts refer to microbes or enzymes that are usually present in living organisms, such as microorganisms, animals and plants. They are generally utilized to initiate or catalyze the conversion of organic compounds and chemical reactions in a living body. Additionally, they are also used in the production of antibodies, vitamins, statins, and amino acids.
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The market in Japan is primarily driven by significant growth in biotechnology. Along with this, the growing product utilization as a food enzyme across the food and beverage industry is creating a positive outlook for the market. Also, the rising adoption of modified organism enzymes in plant protein products for achieving a savory taste is further providing a boost to the market growth. Moreover, increasing investments by private and public firms to upgrade the biotechnology infrastructure across Japan are positively influencing the market growth. Some of the other factors contributing to the market growth include extensive research and development (R&D) activities and continuous improvements in the pharmaceutical sector across the country. Looking forward, the market is expected to continue its strong growth during the forecast period (2022-2027).
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the Japan biocatalyst market, along with forecasts at the country and regional level from 2022-2027. Our report has categorized the market based on type, application and source.
Breakup by Type:
- Hydrolases
- Oxidoreductases
- Transferases
- Others
Breakup by Application:
- Food and Beverage
- Cleaning Agents
- Biofuel Production
- Agriculture and Feed
- Biopharmaceuticals
- Others
Breakup by Source:
- Microorganisms
- Plants
- Animal
Breakup by Region:
- Kanto Region
- Kinki Region
- Central/ Chubu Region
- Kyushu-Okinawa Region
- Tohoku Region
- Chugoku Region
- Hokkaido Region
- Shikoku Region
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Market Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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