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The Enzymes market size was valued at USD 13.74 billion in 2023 and is projected to reach USD 28.17 billion by 2030, with a compound annual growth rate (CAGR) of 10.5% from 2024 to 2030. The enzyme market is experiencing a notable supply-demand gap, driven by increasing demand from industries like food processing, biofuels, and pharmaceuticals, coupled with challenges in scaling up production.
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The Enzymes market size was valued at USD 13.74 billion in 2023 and is projected to reach USD 28.17 billion by 2030, with a compound annual growth rate (CAGR) of 10.5% from 2024 to 2030. The enzyme market is experiencing a notable supply-demand gap, driven by increasing demand from industries like food processing, biofuels, and pharmaceuticals, coupled with challenges in scaling up production. Factors such as limited availability of raw materials, complex manufacturing processes, and high production costs are constraining supply.
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