Worldwide Enzymes Industry to 2027 - Players Include BASF, Associated British Foods and Novozymes Among Others May 27, 2021 04:23 ET | Source: Research and Markets Research and Markets Dublin, IRELAND ResearchAndMarkets.com's offering. The Global Enzymes Market size is expected to reach $13.2 billion by 2027, rising at a market growth of 8% CAGR during the forecast period. Protein molecules that behave as a biological catalyst to accelerate metabolic reactions are termed as enzymes. Enzymes also display functions like the capacity to react with a particular reactant. Over the years, enzymes find applications in various fields like photography, food processing, contact lens cleaners, paper, rubber, biofuels, molecular biology sectors, and biological detergents.