The global demand for bio-based detergent enzymes is expected to rise at a healthy CAGR of 7.4% per year to US$ 5710 million in 2022.
In 2022, the global bio based detergent enzymes market is estimated at US$ 5710 Million. The market is likely to reach nearly US$ 11659.4 Million by 2032, with a growing CAGR of 7.4% from 2022 to 2032.
The need for bio-based detergent enzymes is continually increasing as a result of the shifting trend of substituting eco-friendly detergents for chemically manufactured detergents, which will be a major driver driving market expansion.
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Green & Clean to Remain the Key USP for Detergents
Consumers in North America are Getting More Inclined towards Eco-friendly Detergents
Because of rising consumer awareness about the advantages of eco-friendly detergents, the North American bio based detergent enzymes market is rapidly expanding and accounts for 33.2% of the global market. Consumers are also becoming more aware of the negative consequences of using hazardous chemicals; these reasons are supporting the expansion of the market in this region.
The demand for bio-based detergent enzymes is more from the development of biotechnological and pharmaceutical industries. Additionally, countries like the United States have the biggest Bio based detergent enzymes market. The manufacturers are aiming additionally to manufacture bio enzymes with additional stability in higher temperatures and more efficiency at lower temperatures and steady at alkaline solutions.
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Key Segments of the Bio-based detergent enzymes Market
By Enzyme Types:
By Application:
Frequently Asked Questions
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Author
Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.) has 7+ years of management consulting experience. She advises industry leaders and explores off-the-eye opportunities and challenges. She puts processes and operating models in place to support their business objectives.
She has exceptional analytical skills and often brings thought leadership to the table.
Nandini has vast functional expertise in key niches, including but not limited to food ingredients, nutrition & health solutions, animal nutrition, and marine nutrients. She is also well-versed in the pharmaceuticals, biotechnology, retail, and chemical sectors, where she advises market participants to develop methodologies and strategies that deliver results.
Her core expertise lies in corporate growth strategy, sales and marketing effectiveness, acquisitions and post-merger integration and cost reduction. Nandini has an MBA in Finance from MIT School of Business. She also holds a Bachelor’s Degree in Electrical Engineering from Nagpur University, India.
Nandini has authored several publications, and quoted in journals including Beverage Industry, Bloomberg, and Wine Industry Advisor.
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market.
Feb 14, 2024