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According to the latest report by IMARC Group, titled “Biocatalyst Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, the global biocatalyst market reached a volume of nearly 106 Kilotons in 2017, registering a CAGR of around 6% during 2010-2017. Biocatalysts refer to the living cells or enzymes which modify or increase the rate of a chemical reaction.
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