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Vietnam Industrial Enzymes Market, By Type (Amylases, Cellulases, Proteases, Lipases, Phytases and Others), By Source (Micro-Organisms, Plants and Animals), By Application, By Region, Competition Forecast & Opportunities, 2017-2027

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  • 75 Pages
  • May 2022
  • Region: Vietnam
  • TechSci Research
  • ID: 5585342
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The Market Growth Can be Attributed to the Increasing Use of Industrial Enzymes for the Fermentation of Milk to Produce Various Kinds of Dairy Products Such as Cheeses, Curd, Yogurt, Etc.

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Vietnam industrial enzymes market is projected to grow at a formidable rate during the forecast period. The market growth can be attributed to the increasing use of industrial enzymes for the fermentation of milk to produce various kinds of dairy products such as cheeses, curd, yogurt, etc. The flourishing dairy industry and increasing popularity of recombinant enzymes across various end-use industries such as pharmaceuticals, detergents, etc., are also driving the growth of the Vietnam industrial enzymes market. Additionally, the growing application of proteases and huge investments by market players in research and development initiatives are anticipated to boost market growth. Moreover, the increasing use of detergents is expected to positively influence the Vietnam industrial enzymes market during the forecast period.

Furthermore, advancements in enzyme engineering and green chemistry are anticipated to boost the growth of the Vietnam industrial enzymes market. Increased application of amylases in the baking industry to enhance the volume and texture of the product and in the textile industry by denim manufacturers in de-sizing and lowering operational costs are driving the growth of the Vietnam industrial enzymes market. However, high costs of raw materials and contamination of enzymes with other chemical substances could negatively impact the growth of the Vietnam industrial enzymes market.

Vietnam industrial enzymes market is segmented based on type, source, application, company, and region. Based on application, the market is further divided into

food & beverages, cleaning agents, animal feed, and others. The pharmaceutical segment is expected to dominate the Vietnam industrial enzymes market in the forecast period due to the increasing R&D initiatives in recombinant techniques intended to improve the yields of enzymes through fermentation.

BASF SE, Koninklijke DSM N.V., E. I. Du Pont De Nemours and Company, Novozymes A/S, Dyadic International Inc., Advanced Enzyme Technologies Ltd, Adisseo, Chr. Hansen Holding A/S, Amano Enzyme Inc., Merck KGAA, etc., are the leading players in the Vietnam industrial enzymes market.

Years considered for this report:

  • Historical Years: 2017-2020
  • Base Year: 2021
  • Estimated Year: 2022E
  • Forecast Period: 2023F–2027F

Objective of the Study:

  • To analyze and forecast the market size of Vietnam Industrial Enzymes Market, in terms of value and volume.
  • To classify and forecast Vietnam Industrial Enzymes based on type, source, application, regional distribution, company.
  • To identify drivers and challenges for Vietnam Industrial Enzymes Market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Vietnam Industrial Enzymes Market.
  • To conduct the pricing analysis for Vietnam Industrial Enzymes Market.
  • To identify and analyse the profile of leading manufacturers in the Vietnam Industrial Enzymes Market.

The publisher performed both primary as well as exhaustive secondary research for this study. Initially, the publisher sourced a list of Industrial Enzymes manufacturers in Vietnam. Subsequently, the publisher conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, the publisher could include the manufacturers which could not be identified due to the limitations of secondary research. The publisher analysed the retailers, distribution channels and presence of all major Industrial Enzymes manufacturers in Vietnam.

The publisher calculated the market size of Vietnam Industrial Enzymes Market using a bottom-up approach, where data for various product types were recorded and forecast for the future years. The publisher sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used.

Key Target Audience:

  • Industrial Enzymes Manufacturers
  • Industrial Enzymes Dealers and Suppliers
  • Traders and Distributors
  • Food & Beverages Industries
  • Biotechnology Industries
  • Regulatory organizations.
  • Research organizations and consulting companies
  • Market research and consulting firms.

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, distributors and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, Vietnam Industrial Enzymes Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Vietnam Industrial Enzymes Market, By Type:

  • Amylases
  • Cellulases
  • Proteases
  • Lipases
  • Phytases
  • Others

Vietnam Industrial Enzymes Market, By Source:

  • Micro-Organisms
  • Plants
  • Animals

Vietnam Industrial Enzymes Market, By Application:

  • Food & Beverages
  • Baked Goods
  • Dairy
  • Others
  • Cleaning Agents
  • Laundry Detergents
  • Automatic Dishwashing Detergent
  • Others
  • Animal Feed
  • Others

Vietnam Industrial Enzymes Market, By Region:

  • North Vietnam
  • South Vietnam
  • Central Vietnam

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Vietnam Industrial Enzymes Market.

Available Customizations:

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Table of Contents

1. Product Overview2. Research Methodology3. Impact of COVID-19 on Vietnam Industrial Enzymes Market4. Executive Summary
5. Voice of Customers
5.1. Brand Awareness
5.2. Brand Satisfaction
5.3. Factors Influencing Purchase Decisions
5.4. Product Awareness
6. Vietnam Industrial Enzymes Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Type (Amylases, Cellulases, Proteases, Lipases, Phytases and Others)
6.2.2. By Source (Micro-Organisms, Plants and Animals)
6.2.3. By Application (Food & Beverages, Cleaning Agents, Animal Feed and Others)
6.2.4. By Company
6.2.5. By Region
6.3. Market Attractiveness Index
7. Vietnam Amylases Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Source
7.2.2. By Application
7.2.3. By Region
7.3. Market Attractiveness Index
8. Vietnam Cellulases Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Source
8.2.2. By Application
8.2.3. By Region
8.3. Market Attractiveness Index
9. Vietnam Proteases Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value & Volume
9.2. Market Share & Forecast
9.2.1. By Source
9.2.2. By Application
9.2.3. By Region
9.3. Market Attractiveness Index
10. Vietnam Lipases Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value & Volume
10.2. Market Share & Forecast
10.2.1. By Source
10.2.2. By Application
10.2.3. By Region
10.3. Market Attractiveness Index
11. Vietnam Phytases Market Outlook
11.1. Market Size & Forecast
11.1.1. By Value & Volume
11.2. Market Share & Forecast
11.2.1. By Source
11.2.2. By Application
11.2.3. By Region
11.3. Market Attractiveness Index
12. Market Dynamics
12.1. Drivers
12.2. Challenges
13. Supply Chain Analysis14. Market Trends & Developments15. Policy & Regulatory16. Vietnam Economic Profile
17. Competitive Landscape
17.1. Company Profile
17.1.1. BASF SE
17.1.2. Koninklijke DSM N.V.
17.1.3. E. I. Du Pont De Nemours and Company
17.1.4. Novozymes A/S
17.1.5. Dyadic International Inc.
17.1.6. Advanced Enzyme Technologies Ltd
17.1.7. Adisseo
17.1.8. Chr. Hansen Holding A/S
17.1.9. Amano Enzyme Inc
17.1.10. Merck KGAA
18. Strategic Recommendations

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Koninklijke DSM N.V.
  • E. I. Du Pont De Nemours and Company
  • Novozymes A/S
  • Dyadic International Inc.
  • Advanced Enzyme Technologies Ltd
  • Adisseo
  • Chr. Hansen Holding A/S
  • Amano Enzyme Inc
  • Merck KGAA