Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 414.43 Million | USD 580.65 Million | 3.43% | 2024 |
FrequentlyAsked Questions
Catalase is an important enzyme found in the cells of many organisms, including humans. Its main function is to catalyze the decomposition of hydrogen peroxide into water and oxygen. Hydrogen peroxide is a harmful by-product of various cellular processes and high concentrations can be harmful to cells. In addition, catalase plays an important role in maintaining cells from oxidative damage by rapidly breaking down hydrogen peroxide into harmless components.
The global catalase market is expected to grow due to rising demand in food processing, pharmaceuticals, and textile industries, along with increasing applications in biotechnology and environmental remediation.
According to a study, the global catalase market size was worth around USD 414.43 Million in 2024 and is expected to reach USD 580.65 Million by 2034.
The global catalase market is expected to grow at a CAGR of 3.43% during the forecast period.
North America is expected to dominate the catalase market over the forecast period.
Leading players in the global catalase market include Novozymes, DSM, BASF, AB Enzymes, Amano Enzyme, Creative Enzymes, Kemin Industries, Chr. Hansen, BioCare Copenhagen, Additional On Request, among others.
The report explores crucial aspects of the catalase market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.
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