Growing Protease Market: Projected US$ 4.6 Billion Industry by 2033 Fueled by Increasing Demand in Food Industry and Health Benefits

The global protease market is holding a valuation of US$ 2.1 billion in 2023. The market is expected to reach a valuation of US$ 4.6 billion by 2033. The sector is anticipated to witness a growth of 7.8% during the forecast period. The world is observing a massive growth of food industry. The food industry …

Protease Market Anticipated Forecast 2031 In Key Regions Global (United States, European Union And China)

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 …