The catalase market size was strong in 2021 and is expected to grow at a high CAGR over the forecast period, driven by the increasing use of catalase in the food & beverage and textile industries. Catalase is a crucial enzyme that helps to prevent oxidative deterioration of living cells by breaking down hydrogen peroxide into water and oxygen gas. It is commonly used in bleaching agents and is a primary constituent in preservatives, particularly for edible items. The substance is also used in water clarification and industrial effluent treatment, and it has the potential to reduce power consumption in plants and clear out river water. Food grade catalase, which is used extensively in the preservation of packed edible items, is the most used version and drives market revenue growth. However, the harmful effects associated with allergies when handling the enzyme may reduce demand. The Europe region is expected to account for the largest revenue CAGR due to the booming biotechnology industry in this region.
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Catalase Market: Drive factors
The global catalase market is expected to register a high CAGR over the forecast period, driven by several key factors:
Overall, the growing demand for catalase in various end-use industries and its potential for use in environmental protection and sustainability sector is expected to drive market revenue growth over the forecast period.
Catalase Market: Notable Innovation
The catalase market has witnessed several notable innovations in recent years. Here are some examples:
Overall, these innovations are driving the catalase market's growth by expanding the enzyme's applications and improving its performance.
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