According to Cognitive Market Research, The Global Xylanase market size is USD 19100 million in 2023 and will grow at a compound annual growth rate (CAGR) of 5.90% from 2023 to 2030.
The demand for xylanase is rising due to increased consumer demand for clean-label baked goods, increased understanding of xylanase's advantages in animal feed, growing consumer interest in sustainable goods and practices, improvements in xylanase production technology, and government assistance for xylanase research and development.
Demand for feed grade remains higher in the xylanase market.
The liquid category held the highest xylanase market revenue share in 2023.
North America will continue to lead, whereas the Asia Pacific xylanase market will experience the strongest growth until 2030.