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The global protease market is holding a valuation of USD 2.1 billion in 2023. The market is expected to reach a valuation of USD 4.6 billion by 2033. The sector is anticipated to witness a growth of 7.8% during the forecast period. The food industry is experiencing significant growth globally, with a notable surge in demand …
Continue reading “Protease Market Expected to Grow at a 7.8% CAGR by 2033, Reveals FMI Analysis”
Protease, lipase, and phospholipids are examples of enzymes that are acknowledged as alternatives to traditional chemicals and give solutions to problems associated with synthetic chemicals. As per Future Market Insights (FMI), the protease market is projected to rise at 7.8% CAGR, reaching US$ 3.94 Bn through 2031. As synthetic chemicals used in industrial operations are toxic and can cause environmental …