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Galactosidase Market Analysis- Industry Size, Share, Research Report, Insights, Covid-19 Impact, Statistics, Trends, Growth and Forecast 2022-2030

Published Date: October, 2022
No of Pages: 159
Delivery Format: PDF+ Excel

$2,950.00

The galactosidase is an enzyme and is produced from many varieties of sources such as plants, animals, and microorganisms. It can be used either in the immobilized or soluble forms. The galactosidase comprises of alpha-galactosidase and beta-galactosidase. The alpha-galactosidase is used for catalyzing the hydrolysis of substrates that has ?-galactosidic residues which include glycoproteins and glycosphingolipids. Whereas, the beta-galactosidase hydrolyses the lactose into glucose and galactose. Furthermore, galactosidase is used for the removal of lactose, biosynthesis of transgalactosylated products, and in the manufacturing of prebiotics. It finds its application in the food, pharmaceutical, and feed applications.

The rising demand for alpha-galactosidase and beta-galactosidase will lead to a surge in the galactosidase market growth during the forecast timeline. The alpha-galactosidase is an enzyme that catalyzes various catabolic processes such as glycolipids, polysaccharides, and cleaving glycoproteins. It is also utilized in capsules and tablets. Whereas, the beta-galactosidase is mainly used in the food industry. By breaking down lactose in glucose, it is used in the production of energy and source of carbon which is further used in production of lactose free dairy products such as milk and cheese. Hence, rising demand for these end products will fuel the galactosidase market growth.

However, the high demand for galactosidase leads to supply-demand imbalance causing low availability. This further reduces the consumption of the product in many applications. Hence, this is anticipated to hamper the market growth.

Key Market Driver –

Rising use of alpha and beta galactosidase in various applications to drive the market growth

Key Market Restraint –

Lack of availability of galactosidase to restrict the market growth

Market Segmentation:

Based on type the galactosidase market is segmented into alpha galactosidase and beta galactosidase. Based on application, the market is segmented into food, pharmaceutical, feed, and others. From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Key Players Covered:

The key players in the galactosidase market includes Biocompare, Prospec-Tany Technogene Ltd., Megazyme Ltd., JINAN BESTZYME BIO-ENGINEERING CO. LTD., Novozymes, Amano Enzyme Inc., Advanced Enzymes, QA-Bio, Bestochem, ISU ABXIS, Pharming Group, Protalix Biotherapeutics, and Aumgene Biosciences.

Key Insights

    • Key Emerging Trends  For Major Countries
    • Key Developments: Mergers, Acquisition, Partnership, etc.
    • Latest Technological Advancement
    • Insights on Regulatory Scenarios
    • Porters Five Forces Analysis

Regional Analysis:

Europe is anticipated to witness sustainable growth in the galactosidase market during the forecast period. The growth is due to the rising product demand in the food application. The rising adoption of alpha-galactosidase in the pharmaceutical application will fuel the market growth in North America, in which the US is the leading country. The rapid adoption of the beta-galactosidase in the milk-based products will fuel the market growth in the Asia Pacific. The Middle East & Africa is anticipated to witness significant growth, owing to the rising product adoption in the feed application.

Segmentation

ATTRIBUTE  DETAILS
 

By Type

 

 

    • Alpha Galactosidase
    • Beta Galactosidase
 

By Application

 

 

    • Food
    • Pharmaceutical
    • Feed
    • Others
 

By Geography

 

 

    • North America (U.S. and Canada)
    • Europe (UK, Germany, France, Italy, Spain, and Rest of Europe)
    • Asia Pacific (Japan, China, Taiwan, India, South Korea, Southeast Asia, and Rest of Asia Pacific)
    • Latin America (Brazil, Mexico, and Rest of Latin America)
    • Middle East & Africa (South Africa, GCC, and Rest of the Middle East & Africa)

 

Chapter 1 Methodology and Scope
1.1 Information Procurement
1.2 Research Methodology
1.3 Research scope and assumptions
1.3.1 Purchased Database
1.3.2 GVR’s Internal Database
1.3.3 Secondary Sources
1.3.4 Third Party Perspective
1.3.5 Primary Research
1.4 Information Analysis
1.4.1 Data Analysis Models
1.5 Market Formulation and Data Visualization
1.6 Data Validation and Publishing
Chapter 2 Executive Summary
2.1 Market Snapshot
Chapter 3 Gas Turbine Market Variables, Trends & Scope
3.1 Market Lineage Outlook
3.1.1 Global Power Generation Market Outlook
3.2 Penetration & Growth Prospect Mapping
3.3 Industry Value Chain Analysis
3.3.1 Fuel Availability Overview
3.4 Technology Trends
3.4.1 Technology Trends
3.5 Regulatory Framework
3.5.1 Standard and Compliances
3.5.2 Policies and Plans by Major Countries
3.6 Market Dynamics
3.6.1 Market Driver Analysis
3.6.2 Market Restraint Analysis
3.6.3 Opportunity Assessment
3.7 Business Environment Analysis: Gas Turbine Market
3.7.1 Industry Analysis – Porter’s Five Forces
3.7.2 PESTEL Analysis
3.8 Impact of COVID on Gas Turbine Market
Chapter 4 Gas Turbine Market: Capacity Estimates & Trend Analysis
4.1 Gas Turbine market: Capacity movement analysis, 2021 & 2030
4.2 ≤200 MW
4.2.1 Gas Turbine market estimates and forecasts, in ≤200 MW, 2019 – 2030 (MW) (USD Million)
4.3 >200 MW
4.3.1 Gas Turbine market estimates and forecasts, in >200 MW, 2019 – 2030 (MW) (USD Million)
Chapter 5 Gas Turbine Market: Technology Estimates & Trend Analysis
5.1 Gas Turbine market: Technology movement analysis, 2021 & 2030
5.2 Open Cycle
5.2.1 Gas Turbine market estimates and forecasts, in Open Cycle, 2019 – 2030 (MW) (USD Million)
5.3 Combined Cycle
5.3.1 Gas Turbine market estimates and forecasts, in Combined Cycle, 2019 – 2030 (MW) (USD Million)
Chapter 6 Gas Turbine Market: End Use Estimates & Trend Analysis
6.1 Gas Turbine market: End Use movement analysis, 2021 & 2030
6.2 Power & Utility
6.2.1 Gas Turbine market estimates and forecasts, in Power & Utility, 2019 – 2030 (MW) (USD Million)
6.3 Industrial
6.3.1 Gas Turbine market estimates and forecasts, in Industrial, 2019 – 2030 (MW) (USD Million)
Chapter 7 Gas Turbine Market: Regional Estimates & Trend Analysis
7.1 Gas Turbine market: Region movement analysis
7.2 North America
7.2.1 North America Gas Turbine market estimates and forecasts, 2019 – 2030 (MW) (USD Million)
7.2.2 North America Gas Turbine market estimates and forecasts, by Capacity, 2019 – 2030 (MW) (USD Million)
7.2.3 North America Gas Turbine market estimates and forecasts, by Technology, 2019 – 2030 (MW) (USD Million)
7.2.4 North America Gas Turbine market estimates and forecasts, by End Use, 2019 – 2030 (MW)

ATTRIBUTE  DETAILS
 

By Type

 

 

    • Alpha Galactosidase
    • Beta Galactosidase
 

By Application

 

 

    • Food
    • Pharmaceutical
    • Feed
    • Others

Biocompare, Prospec-Tany Technogene Ltd., Megazyme Ltd., JINAN BESTZYME BIO-ENGINEERING CO. LTD., Novozymes, Amano Enzyme Inc., Advanced Enzymes, QA-Bio, Bestochem, ISU ABXIS, Pharming Group, Protalix Biotherapeutics, and Aumgene Biosciences.

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