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The protein hydrolysis enzymes market is projected to reach USD 2.9 billion by 2027 growing at a CAGR of 6.2% from 2022 to 2027. There is an increasing demand for protein hydrolysis enzymes from various industrial applications such as detergents, food industry, and pharmaceuticals as they aid in reducing costs in the industries by using less energy, water, raw materials and generating less waste.
The key players in the protein hydrolysis enzymes market include Novozymes (Denmark), Associated British Foods (UK), DSM (Netherlands), and BASF SE (Germany) among others.
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