Europe, followed by North America, is expected to hold dominant position in the global enzymes market over the forecast period, owing to high demand for functional foods and presence of large end-use industries such as food and pharmaceuticals in these developed regions. The market in Asia Pacific is expected to witness the fastest growth, owing to rapid economic growth in emerging economies of India and China and growing end-use industries in the region. Asia Pacific is expected to be the most lucrative market due to growing population, which stirs the demand for food and pharmaceuticals and increasing inclination towards functional foods among the populace.
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