The global market for industrial enzymes was
$2.9 billion in 2008, $3.1 billion in 2009, and $3.3 billion
in 2010 and expected to reach $4.4 billion by
2015, achieving a compound annual growth rate of
6%, according to BCC Research. Within that estimate,
technical enzymes (e.g., for biofuels) were
valued at just over $1 billion in 2010 and projected
to reach $1.5 billion in 2015. Food and beverage enzymes
(e.g., for milk and dairy products) had an estimated
value of $975 million in 2010, reaching
$1.3 billion by 2015 [11].