Infinium Global Research has added a new report on Papain Market. The
report presents analysis of global as well as regional markets of papain market
over the period of 2016 to 2024. Several factors are fueling the growth of
global papain market that includes rising health concern among the consumers,
increasing applications in pharmaceutical and food industry. Also, high demand
of papain for meat tenderizers, and increasing demand for natural enzymes.
Furthermore, the rise in the use of papain in the different end-user industry
has led to the surge in the demand for papain, which fuels the market growth.
Companies producing the papain related products are intensively investing in
research and development to cater the growing demand of the papain related
product. However, availability of artificial enzymes restrains the market
growth. Technological development in the manufacturing of papain has led to an
increase in the production, which is expected to provide growth opportunities
for the market.
On the basis of region,
the Global Papain market is segmented into North America, Europe, Asia, and the
Rest of the World (RoW). North America is the market leader in the Papain
Market globally. It is estimated to retain its dominating position, throughout
the forecast period. The increasing consumer awareness and population’s
consumption pattern shift for the use of natural products are considered to be
one of the significant reasons for the rising growth in the use of natural
proteolytic enzyme for the medicine, and meat tenderization are boosting the
demand of papain market the North America region. However, Asia Pacific region
is estimated to witness maximum growth in the global papain market during the
forecast period, due to several application of papain products in medicine,
textile, meat tenderization and several others. Moreover, the growth matrix
presented by Infinium Global Research identifies the key investment markets in
the near future, this will not only help the companies to understand the
competitive position in the global papain market but also make strategic
decisions to capture the most lucrative markets in the near future. The market
size is presented in terms of value for the historic year 2016 and estimated
for forecast period of 2018-2024.
Get 15% discount
for early purchase of global papain market report by clicking the following
link, Use code IGRD15 to request the discount in the given form
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The recent report identified that North America
dominated the global papain market over the last couple of years, while
emerging markets of Asia-Pacific and Latin America are anticipated to
contribute significantly to the growth in the papain market worldwide.
The report segments the global papain market on the
basis of Form, Application and Distribution Channel.
Global Papain Market by Form
·
Powder
·
Liquid
·
Capsule
·
Others
Global Papain Market by Application
·
Food & Beverage
·
Textile
·
Pharmaceutical
·
Cosmetic
·
Others
Global Papain Market by Distribution Channel
·
Conventional Store
·
Organized Retail Store
·
Online Retail Store
Companies Profiled in the Report
·
Aumgene Biosciences
·
Excellent Biotechnologies
·
Beckmann-Kenko GmbH
·
AXO Industry SA
·
Fruzyme Biotech India Pvt Ltd
·
Biofact India Enterprises
·
Hexon Laboratories Pvt. Ltd.
·
Chemos GmbH
·
Nikunj Chemicals
·
LGM Pharma
About Infinium Global Research
Infinium Global Research is a business intelligence
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and reports. The intelligence reports include qualitative as well as
quantitative information, which are blended using forecasting models in order
to project future market demand. Our panels of Subject Matter Experts (SMEs),
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parameters of the market to provide you with an in-depth business intelligence
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Infinium Global Research reports and consulting services cover numerous sectors, which include healthcare, chemicals, materials, energy, packaged goods, food and beverages, technology, and communications. These reports provide readers with market insights and detailed analysis of market segments to possible micro levels. Our reports, with stratified research methodology and wider scope of analysis, provide clients with crucial insights and information to meet their every requirement.
