Dublin, Sept. 14, 2015 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/2lqfpp/lipase_market_by) has announced the addition of the "Lipase Market by Source, Application, & by Geography - Global Forecast to 2020" report to their offering.
The lipase market is projected to reach about $590.5 million by 2020, at a CAGR of 6.5% from 2015 to 2020. It is projected to grow as a result of the rising awareness of the multiple benefits of lipase among the livestock producers in developing regions, such as Asia-Pacific and Latin America.
The demand for lipase has increased significantly in the recent years. The global lipase market has high growth prospects, and has the potential to offer innumerable opportunities to new entrants in this market. Factors, such as increasing awareness about animal health among consumers across the world and rising demand for high quality animal feed across regions has led to the growth of the animal feed segment of the lipase market. Consumers are becoming increasingly aware about the health benefits of lipase, which has increased the demand of lipase-based products. Furthermore, factors such as changing dietary patterns, increasing meat and milk consumption, and rising processed food industry are also driving the global lipase market.
The lipase market has been segmented on the basis of application into animal feed, dairy, bakery, confectionery, and others. Additionally, the market has been segmented on the basis of sources, such as microbial lipases and animal lipases. The market has also been segmented on the basis of regions into North America, Europe, Asia-Pacific, Latin America, and Rest of the World (RoW).
Both top-down and bottom-up approaches were used to arrive at the market sizes and obtain the market forecast. Extensive secondary research was conducted to understand the market insights and trends, which was further validated through primary interviews.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Regulatory Environment Analysis
7 Industry Trends
8 Lipase Market, By Source
9 Lipase Market, By Application
10 Regional Analysis
11 Competitive Landscape
12 Company Profiles
- Advanced Enzymes
- Amano Enzymes Inc.
- Associated British Foods Plc
- Chr. Hansen Holdings A/S
- Clerici-Sacco Group
- E. I. Du Pont De Nemours and Company (Genencor)
- Enzyme Development Corporation
- Koninklijke Dsm N.V.
- Novozymes A/S
- Renco New Zealand
For more information visit http://www.researchandmarkets.com/research/2lqfpp/lipase_market_by