United States Biocatalyst Market Share & Research Report 2023-28

United States Biocatalyst Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Report Format: PDF+Excel | Report ID: SR112023A4910

Buy Now

Market Overview:

The United States biocatalyst market size reached US$ 3.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 4.9 Billion by 2028, exhibiting a growth rate (CAGR) of 7.5% during 2023-2028.

Biocatalyst refers to the enzyme present in living organisms, including plants, animals and microorganisms, that helps in modifying the rate of several chemical reactions and conversion of organic compounds. Generally, they are biodegradable, organic and possess superior catalytic efficiency. Apart from this, they are also utilized in the pharmaceutical industry for manufacturing numerous medicines, such as statins, amino acids and vitamins.

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

To get more information about this market, Request Sample

The market in the United States is primarily driven by significant growth in the field of biotechnology. Along with this, several major players are actively engaging in the manufacturing of artificial enzymes to promote proper body functioning. Moreover, numerous firms across the country are heavily investing to expand their manufacturing capabilities, which is also providing an impetus to the market growth. Some of the other factors contributing to the market growth include technological advancements in molecular engineering and extensive research and development (R&D) activities conducted by key players to introduce innovative biocatalyst technology.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the United States biocatalyst market report, along with forecasts at the country and regional level from 2023-2028. Our report has categorized the market based on type, application and source.

Breakup by Type:

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

To get more information about this market, Request Sample

Hydrolases
Oxidoreductases
Transferases
Others

Breakup by Application:

Food and Beverage
Cleaning Agents
Biofuel Production
Agriculture and Feed
Biopharmaceuticals
Others

Breakup by Source:

Microorganisms
Plants
Animal

Breakup by Region:

Northeast
Midwest
South
West

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Report Coverage:

Report Features	Details
Base Year of the Analysis	2022
Historical Period	2017-2022
Forecast Period	2023-2028
Units	US$ Billion
Segment Coverage	Type, Application, Source, Region
Region Covered	Northeast, Midwest, South, West
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 2699 Five User License: US$ 3699 Corporate License: US$ 4699
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

The United States biocatalyst market was valued at US$ 3.2 Billion in 2022.

We expect the United States biocatalyst market to exhibit a CAGR of 7.5% during 2023-2028.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across the nation resulting in the temporary closure of numerous end-use industries for biocatalysts.

The rising demand for biocatalyst in the production of biofuels and biopharmaceuticals, owing to the growing awareness regarding its environment sustainability, is primarily driving the global biocatalyst market.

Based on the type, the United States biocatalyst market can be segmented into hydrolases, oxidoreductases, transferases, and others. Currently, hydrolases hold the majority of the total market share.

Based on the application, the United States biocatalyst market has been divided into food and beverage, cleaning agents, biofuel production, agriculture and feed, biopharmaceuticals, and others. Among these, food and beverage currently exhibits a clear dominance in the market.

Based on the source, the United States biocatalyst market can be categorized into microorganisms, plants, and animal. Currently, microorganisms account for the largest market share.

On a regional level, the market has been classified into Northeast, Midwest, South, and West, where South currently dominates the United States biocatalyst market.

Need more help?

Speak to our experienced analysts for insights on the current market scenarios.
Include additional segments and countries to customize the report as per your requirement.
Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
For further assistance, please connect with our analysts.

Select License Type

Single User License $2699
Five User License $3699
Corporate License $4699

Inquire Before Buying

Speak to an Analyst

Request Brochure

Request Customization

Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Get in Touch With Us

UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-713-2163

Email: sales@imarcgroup.com

Client Testimonials

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.