Global Industrial Enzymes Market by Product (Polymerases & Nucleases, Lipases, Proteases, Carbohydrases) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Summary of the Report

Global industrial enzymes market was valued at USD 56 billion in 2019. It is projected to grow at 6.4% compound annual growth rate (CAGR), between 2020 and 2027. The industry is expected to grow due to rising product demand from end-use industries such as food and beverage, biofuel, animal feed, and home cleaning. The market will be driven by rising demand for carohydrase and proteases in food and beverage applications, particularly in emerging economies like China, India, and Japan. The rise in industrialization and advances in nutraceutical science can also be responsible for the growth of developed economies. These factors have helped to increase product demand.

The market is expected to grow due to the increasing demand for industrial enzymes in the nutraceutical and animal feed industries. Consumer awareness about health is growing, which is fueling the demand for functional food products in the future.

The industry faces many challenges, including high sensitivity to enzymes temperature and pH, and product handling security issues. These are expected to have an impact on market growth in the future. The rising acceptance of many end-use industries such as food, beverages, animal feed and biofuels will be a boon for key players.

Product Insights

Carbohydrases dominated the market, accounting for more than 47.0% of global revenue in 2019. Many end-use industries use carbohydrase enzymes, such as pharmaceuticals, animal feed, food, and beverages. Carbohydrases are used primarily as catalysts for the conversion carbohydrates into sugar syrup, including fructose, glucose, and these are further used in the pharmaceutical, food, and beverage industries.

Another prominent product is protease. It is used to break down protein and catalyze the hydrolysis of amino acids into peptides. The most common types of proteases are serine, threonine and cysteine.

Globally, consumers are becoming more aware of the dangers of low nutrition. This will increase demand for protein in the food industry. The segment's growth is expected to be supported by the expansion of emerging industries such as Brazil, India, China and detergent manufacturing.

Source Insights

In 2019, the micro-organisms sector accounted for over 80.0% of global revenue. There are three types of microorganism-based enzymes: yeast, fungal and bacterial enzymes. The mushroom-based industrial enzymes include phenol oxidases and esterases. Bacterial enzymes are mainly sourced from Bacillus. Most industrial enzymes are used in pharmaceuticals, food and beverage, and detergents. Due to their increasing use in many end-use industries, fungi-based products have become a very popular type. Many uses can be found in fungal enzymes, which play an important role in the preparation and production of many food products such as beer and soy sauce as well as dairy items and processed fruits like dried fruit and baked goods.

A prominent source of industrial enzymes is also fruit and vegetable. Plant-based products have high levels of enzymes and can be eaten immediately without needing to be cooked or processed. Bromelain is in high demand because it is an anti-inflammatory agent and helps with protein digestion. It is also used in wound debridement. Bromelain, which is plant-based, is in high demand because it reduces stress on the small intestinal by increasing the rate of digestion.

Animal-based products are mostly made from the stomach and pancreas of cattle and swine. They function only within a limited range of pH levels which renders them useless in the stomach. In an acidic environment (low pH level), these enzymes become unstable and can be destroyed before they perform their intended function. Animal-based enzymes are therefore delivered to the body in a protective enteric coat that is capable of resisting acidity.

Application Insights

Food and beverages accounted for over 22.0% of global revenue in 2019, and led the market. The manufacturing of nutritious food and beverages is made possible by industrial enzymes. A variety of custom solutions and proprietary enzyme products can be used in the following areas: cheese processing, fruit, vegetable processing, fats, oils processing and grain processing. Food and beverage manufacturers can use special enzyme solutions to improve the quality of their final products, increase yield, optimize resources, decrease costs, lower environmental pollution, and reduce wastage.

The second largest application segment for detergents was detergents. Detergents are made with amylases and lipases. Laundry detergents use proteases enzymes most often. They are used to remove protein stains such as grass, blood, eggs and sweat. Amylases are widely used to remove starchy food products such as pasta, mashed potatoes and custards. These enzymes can be found in detergents for laundry and dishwashing, as well as chlorine-free detergents. Lipases can also be used to remove oily stains such as lipstick, salad oil, frying fats and butter.

Cellulosic cellulosic transformation is also influenced by enzymes, which are responsible for the production cellulosic alcohol. The projected increase in demand for biofuels due to the increasing rate of fossil fuel exhaustion and the growing demand for green alternatives is expected to drive product demand during the forecast period. The most prominent enzymes used in the sector are cellulases and phospholipases.

Enzymes such as lipase or phospholipase are crucial in biodiesel production. Many biodiesel producers have successfully commercialized biodiesel produced with this enzyme process. Processing-wise, lipase transforms free fatty acids to fatty acidmethyl esters (FAME) while phospholipase turns diacylglycerol into lipase, which serves as a substrate. These factors contribute to increasing yield and decreasing chemical waste.

Regional Insights

North America dominated the market, accounting for more than 35.0% of global revenue in 2019. Over the forecast period, North America is expected to keep its lead. North America is a major regional market for enzymes because of its strong presence in several end-use industries such as food and drink, pharmaceuticals and laundry detergent. There are also high opportunities for research and development activities in the major nations of the region.

Europe was the second largest consumer because it is a major producer of pharmaceutical, cosmetic, and medicinal products. Major pharmaceutical and cosmetic companies such as Novartis AG and Hoffmann-La Roche Ltd. and GlaxoSmithKline plc. are expected to drive the demand for enzymes.

The region's growing population and rapidly expanding textile industry will fuel demand for enzymes in textile processing. Europe is also a major hub for the manufacturing of automobiles, railway coaches, aerospace equipment, and aircraft. The region's manufacturing sector is expected to experience significant growth over the next few years, which will in turn stimulate the demand for wastewater treatment products.

Market Share Insights & Key Companies

Due to the presence three dominant players, the global market is oligopolistic: DuPont Danisco and BASF SE. To differentiate their final products from their competitors, manufacturers are focusing on the use of modern, environmentally-safe technologies.

Novozymes is a market leader in central enzyme manufacturing. DSM and DuPont Danisco, however, have switched their attention to on-site enzyme production. When enzymes are made on-site, biofuel producers can reduce the need for stabilizing agents and downstream processing. They also have the ability to ship and store bulk quantities of enzymes more efficiently. The following are some of the major players in the market for industrial enzymes:

• Novozymes

• BASF SE

• DSM

• DuPont Danisco

• Associated British Foods plc

• Adisseo

• Novus International

• Advanced Enzyme Technologies

• Chr. Hansen Holding A/S

• Enzyme Development Corporation

• Lesaffre

Up Market Research published a new report titled “Industrial Enzymes Market research report which is segmented by Product (Polymerases & Nucleases, Lipases, Proteases, Carbohydrases), By Players/Companies Novozymes, DuPont Danisco, DSM, Adisseo, Advanced Enzyme Technologies, Lesaffre, Chr Hansen Holding A/S, Associated British Foods plc, Novus International, Enzyme Development Corporation, BASF SE”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

Report Scope

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Industrial Enzymes Market Report Segments:

The market is segmented by Product (Polymerases & Nucleases, Lipases, Proteases, Carbohydrases).

Industrial Enzymes Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Industrial Enzymes Market

Overview of the regional outlook of the Industrial Enzymes Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Industrial Enzymes Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Industrial Enzymes Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. Polymerases & Nucleases

                2. Lipases

                3. Proteases

                4. Carbohydrases

7. Market scenario by region, sub-region, and country.
8. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
9. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
10. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Industrial Enzymes Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

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Reasons to Purchase the Industrial Enzymes Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.