Lewes, DE -- (SBWIRE) -- 03/01/2016 -- Global Industrial Enzymes Market is valued at $4.91 billion in 2015 and is expected to reach $9.74 billion by 2022 growing at a CAGR of 10.3% between 2015 and 2022. The factors contributing to the market growth include rising demand for biofuels, investments in R&D, and demand for consumer products. Moreover, increasing pressure to reduce pollution and advancements in biotechnology are the factors driving the market growth. However, stringent government regulations in developed countries are limiting the market growth. Carbohydrase segment is the fastest growing and is expected to exhibit higher growth rate in the industrial enzymes market.
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