Papain Market 2019-2024Papain is a kind of protease which extracted from the unripe papaya. It is with great catalytic hydrolysis performance for the protein at certain temperature and PH value. Papain is widely used in food, feed, medical, cosmetic and other industries.
First, papain is a kind of protease which with great catalytic hydrolysis performance for the protein at certain temperature and PH value. Papain are widely used in food, feed, medical, cosmetic and other industries. It is a kind of biological enzyme preparation, 100% natural, health, security, and highly effective. So they can instead some chemical catalyst in some industries which may be unhealthy for the people. So papain is kind of product which with huge market potential in the future.
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Second, Papaya is the main raw material for the production of papain. With the development of the downstream industries, Papain production is increasing during recent years. Papaya farmers entered into the papain industry.
Third, all manufactures in the world are committed to the improvement of product. These two years, some Chinese manufactures can almost catch up with the world s leading technology too.
Forth, this industry is affected by the economy and policy, so it’s important to put an eye to economic indexes and leaders’ prefer. With the global economic recovery, more and more people pay attention to rising environment standards, especially in underdevelopment regions that have a large population and fast economic growth, the need of Papain will increase.
Fifth, the global papain production will increase to 1778.67 MT in 2015, from 1357.86 MT in 2010, it is estimated that the global papain demand will develop with an average growth rate of 4.5 % in the coming five years.
Sixth, we tend to believe that this industry is not mature enough, so the consumption increasing curve will show a smooth degree. On product prices, the slow downward trend in recent years will maintain in the future, as competition intensifies, prices gap between different brands is going to be narrow. Similarly, there will be fluctuation in gross margin.
In particular, this report presents the global market share sales and revenue of key companies in Papain business, shared in Chapter 3.
This study considers the Papain value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Papain Refined
Papain Crude
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Food Industry
Feed Industry
Medical Application
Cosmetic Industry
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
America
APAC
Europe
Middle East & Africa
GCC Countries
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The key manufacturers covered in this report: Breakdown data in in Chapter 3.
S.I. Chemical
M/S Shri Ganesh
Enzybel-BSC
MITSUBISHI-KAGAKU
SENTHIL
PATEL REMEDIES
Fruzyme Biotech
Rosun Natural Products
Pangbo Enzyme
Nanning Doing-Higher Bio-Tech
Huaqi
TIANLV
Nanning Javely Biological
Guangxi Academy of Sciences