Industrial Enzymes Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Segmented By Type (Carbohydrases, Proteases, Lipases, Phytases, Others), By Source (Microbes, Plants, Animals), By Application (Food & Beverages, Nutraceuticals & Pharmaceuticals, Animal Feed, Others), By Region, and Competition

  • Industry : Healthcare
  • Pages : NA
  • Published Date : NA
Customization Enquiry

Buy Now

Summary

Report Description

Global industrial enzymes market is expected to boost at a significant rate in the forecast period. Rising product demand from end-user industries including biofuel, household cleaning, animal feed, and food & beverage is propelling the growth of the global industrial enzymes market.

Growing demand for carbohydrase and proteases in food and beverage applications, notably in Asia Pacific's emerging economies like China, India, and Japan, is anticipated to fuel the market. Furthermore, development in industrialized economies can be linked to increased manufacturing and advancements in the nutraceutical industry. Such elements have greatly increased product demand in recent years.

The demand for industrial enzymes is anticipated to grow in the nutraceutical and animal feed sectors, driving the industry forward. Additionally, as consumer knowledge of health issues rises, so does the desire for functional foods, which will increase product demand in the years to come. One of the concerns facing by the industry is the high sensitivity of enzymes to temperature and pH, as well as item handling security issues. These elements are anticipated to have an immediate effect on market expansion. Key firms are anticipated to gain from the rising use of their products in numerous end-user industries, including food and beverage, animal feed, biofuels, and diagnostics. The global focus on reducing greenhouse gas emissions and dependence on fossil fuels has led to a rise in demand for biofuels.

Demands for higher-quality products with more natural flavors and tastes are rising. This tendency has created a surge in the demand for flavored and palatable processed foods based on commercial enzyme usage. Industrial enzymes break down vitamins and minerals and transform complicated chemicals into simpler molecules in order to serve as catalysts in metabolic reactions. These characteristics are predicted to drive market expansion of the Global Industrial Enzymes Market in the upcoming years.

Increasing Use in Food and Beverage Sector

To improve product quality and shelf life, industrial enzymes are extensively utilized in the food and beverage industry. They are used in the production of dairy, starch, and sugar products that people frequently consume in big numbers, as well as in the brewing and baking operations in the food and beverage industry also utilize different types of industrial enzymes for mass production. They are used in baking applications to give specific properties for dough or flour. When used in bread, they improve or standardize its quality and provide uniform browning. They also assist in lowering the protein level of flour in biscuits and crackers.

Since food is a basic necessity, industrial enzymes are widely utilized in the food and beverage industry, and demand for the product is growing quickly and steadily. Additionally, the expanding global population is anticipated to fuel market expansion. The United Nations Department of Economic and Social Affairs (UN DESA) predicts that the world's population will surpass 9.8 billion by 2050 and may approach 11.2 billion by 2100. Over the forecast period, it is anticipated that these variables will boost global industry demand. The food industry is constantly working to provide new dairy goods, drinks, and food products for consumers. The use of enzymes in the food and beverage industry has grown steadily as new products are created in this sector.

StatCan in Canada reported that the retail sales of food and beverages in 2021 were USD 114.60 billion. The sale of retail food and beverage in the United States climbed dramatically from USD 850.2 billion in 2020 to USD 880.3 billion in 2021, according to a data released by the US Census Bureau. Thus, industrial enzymes have found wide-ranging uses in fat modification and sweetener technology, propelling the global industrial enzymes market as a result of the increased innovation and development of technologies in the food sector.

Advancements in Biotechnology and Enzyme Engineering

Ongoing advancements in biotechnology, genetic engineering, and enzyme engineering techniques have expanded the range of industrial enzymes availability. These advancements have allowed for the development of enzymes with enhanced properties, such as improved stability, higher activity, and broader substrate specificity, making them more effective and efficient in various industrial applications.

Governments worldwide are implementing regulations and policies to promote sustainable manufacturing practices and reduce environmental impact. Industrial enzymes are considered environmentally friendly, as they enable energy savings, waste reduction, and lower greenhouse gas emissions. Regulatory support and sustainability initiatives encourage the adoption of industrial enzymes in industries as part of their efforts to achieve sustainability goals. Companies are investing in research and development to develop new enzyme products and improve existing ones. This focus on innovation leads to the discovery of novel enzymes and the development of customized enzyme solutions for specific industrial applications. Research collaborations between academic institutions, industry players, and biotechnology companies further drive advancements in the field of global industrial enzymes market.


Download Free Sample Report

Rising Dairy Product Consumption

Consumption of dairy products like cheese, milk, yoghurt, and others is increasing, which is another element boosting market revenue growth. In dairy food applications, many enzymes are employed, including protease to lessen the allergenic potential of goods manufactured from cow's milk and lipase to improve the flavor of cheese. According to an article, the majority of dairy products are manufactured with cow's milk in terms of production. With 59.5 million cow, India tops the list of countries having the highest count of cows but the European Union is the world’s largest producer of cow milk, followed by the United States and then India. Although milk consumption in East Asian nations has not been widespread for a long time, China has recently raised its domestic milk production volume by nine million in the past 10 years. With increasing demand of milk based products, the demand for industrial enzymes to enhance the production of dairy products is also increasing.

For neonates who have a milk allergy, casein hydrolysates are recommended for producing foods with milk proteins. Similarly, lipolysis has a considerable impact on Swiss cheese flavor. To accommodate customer preferences and address issues relating to their health and wellness, businesses are continuously looking into new and improved ingredients.

High-quality products can be produced with the help of enzymes, which also increase yields and lessen undesirable byproducts. For instance, cotton that has been enzyme-treated does not get fluffy and keeps its appearance for a longer period of time.

Changing consumer preferences towards healthier and more natural products have led to an increased demand for enzyme-based solutions in industries.

Recent Developments:

In December 2022, Danish producer of agricultural, medicinal, and food chemicals Chr. Hansen and Novozymes announced their merger. Novozymes is making this transaction as a tactical move to increase its market share.

In August 2022, BASF sold the BASF Nutrilife baking enzymes business sector to the enzyme company Lallemand Inc. The product line of Lallemand is distinctive and includes platforms for yeast and bacterial technology.

In order to support production procedures in the biopharmaceutical business, Novozymes and Novo Nordisk Pharmatech partnered in November 2021 on the development of best-in-class technical enzymes. The procedures in the market for regenerative medicines will be scaled up by Novozymes with the aid of this collaboration.

Zymvol has secured €1.3 million to speed the discovery and development of novel industrial enzymes using computer simulations in order to promote the enhanced and sustainable use of these building (or breakdown) proteins.

Developing countries with expanding industrial sectors, such as China, India, Brazil, and Southeast Asian nations, are witnessing rapid growth in demand for industrial enzymes. Factors like urbanization, changing dietary habits, and increasing disposable income contribute to the increased consumption of enzyme-dependent products in these regions. Moreover, ongoing research and development efforts have led to the discovery of new enzymes and improved enzyme formulations. This has expanded the scope of enzyme applications, and created new opportunities and driving demand across various industries. Enzymes have numerous applications in the pharmaceutical and biotechnology industries as well, they are used in drug synthesis, drug discovery, diagnostics, and therapeutic interventions. Enzymes are employed as biocatalysts in the production of pharmaceutical intermediates and APIs, and they enable targeted drug delivery and enzyme replacement therapies. Enzymes are essential in the early stages of drug discovery for identifying and characterizing potential drug targets which is increasing the demand of industrial enzymes globally.

Market Segmentation

The global industrial enzymes market is segmented by type, source, application, competitional landscape, and regional distribution. Based on type, the global industrial enzymes market is fragmented into carbohydrases, proteases, lipases, phytases, and others. Based on source, the global industrial enzymes market is segmented into microbes, plants, and animals. Based on application, the global industrial enzymes market is segmented into food & beverages, nutraceuticals & pharmaceuticals, animal feed, and others.

Market Players

BASF SE, Novozymes A/S, Danisco A/S, Novus International, Inc., Associated British Foods Plc, Chr. Hansen Holding A/S, Lesaffre SA, Bluestar Adisseo Co., Kerry Group PLC, Enzyme Development Corporation are among the major market players operating in the Global Industrial Enzymes Market.

Attribute

Details

Base Year

2022

Historical Data

2018 – 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million, and CAGR for 2018-2022 and 2023-2028

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments covered

·         By Type

·         By Source

·         By Application

Regional scope

North America; Europe; Asia Pacific; South America; Middle East & Africa

Country scope

United States, Canada, Mexico, France, United Kingdom, Italy, Germany, Spain, China, India, Japan, Australia, South Korea, Brazil, Argentina, Colombia, South Africa, Saudi Arabia, UAE, Kuwait, Turkey, Egypt

Key companies profiled

BASF SE, Novozymes A/S, Danisco A/S, Novus International, Inc., Associated British Foods Plc, Chr. Hansen Holding A/S, Lesaffre SA, Bluestar Adisseo Co., Kerry Group PLC, Enzyme Development Corporation

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Report Scope:

In this report, global industrial enzymes market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Industrial enzymes Market, By Type:
    • Carbohydrases
    • Proteases
    • Lipases
    • Phytases
    • Others
  • Industrial enzymes Market, By Source:
    • Microbes
    • Plants
    • Animals
  • Industrial enzymes Market, By Application:
    • Food & Beverages
    • Nutraceuticals & Pharmaceuticals
    • Animal Feed
    • Others
  • Industrial enzymes Market, By Region:
    • North America
      • United States
      • Canada
      • Mexico
    • Europe
      • France
      • United Kingdom
      • Italy
      • Germany
      • Spain
    • Asia-Pacific
      • China
      • India
      • Japan
      • Australia
      • South Korea
    • South America
      • Brazil
      • Argentina
      • Colombia
    • Middle East & Africa
      • South Africa
      • Saudi Arabia
      • UAE
      • Kuwait
      • Turkey
      • Egypt

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global industrial enzymes market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global industrial enzymes market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.    Markets Covered

1.2.2.    Years Considered for Study

1.2.3.    Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, Trends

4.    Global Industrial Enzymes Market Outlook

4.1.  Market Size & Forecast

4.1.1.    By Value

4.2.  Market Share & Forecast

4.2.1.    By Type (Carbohydrases, Proteases, Lipases, Phytases, Others)

4.2.2.    By Source (Microbes, Plants, Animals)

4.2.3.    By Application (Food & Beverages, Nutraceuticals & Pharmaceuticals, Animal Feed, Others)

4.2.4.    By Company (2022)

4.2.5.    By Region

4.3.  Product Market Map

4.3.1.    By Type

4.3.2.    By Source

4.3.3.    By Application

4.3.4.    By Region

5.    North America Industrial Enzymes Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value

5.2.  Market Share & Forecast

5.2.1.    By Type (Carbohydrases, Proteases, Lipases, Phytases, Others)

5.2.2.    By Source (Microbes, Plants, Animals)

5.2.3.    By Application (Food & Beverages, Nutraceuticals & Pharmaceuticals, Animal Feed, Others)

5.2.4.    By Country

5.3.  North America: Country Analysis

5.3.1.    United States Industrial Enzymes Market Outlook

5.3.1.1.        Market Size & Forecast

5.3.1.1.1.           By Value

5.3.1.2.        Market Share & Forecast

5.3.1.2.1.           By Type

5.3.1.2.2.           By Source

5.3.1.2.3.           By Application

5.3.2.    Canada Industrial Enzymes Market Outlook

5.3.2.1.        Market Size & Forecast

5.3.2.1.1.           By Value

5.3.2.2.        Market Share & Forecast

5.3.2.2.1.           By Type

5.3.2.2.2.           By Source

5.3.2.2.3.           By Application

5.3.3.    Mexico Industrial Enzymes Market Outlook

5.3.3.1.        Market Size & Forecast

5.3.3.1.1.           By Value

5.3.3.2.        Market Share & Forecast

5.3.3.2.1.           By Type

5.3.3.2.2.           By Source

5.3.3.2.3.           By Application

6.    Europe Industrial Enzymes Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Type (Carbohydrases, Proteases, Lipases, Phytases, Others)

6.2.2.    By Source (Microbes, Plants, Animals)

6.2.3.    By Application (Food & Beverages, Nutraceuticals & Pharmaceuticals, Animal Feed, Others)

6.2.4.    By Country

6.3.  Europe: Country Analysis

6.3.1.    France Industrial Enzymes Market Outlook

6.3.1.1.        Market Size & Forecast

6.3.1.1.1.           By Value

6.3.1.2.        Market Share & Forecast

6.3.1.2.1.           By Type

6.3.1.2.2.           By Source

6.3.1.2.3.           By Application

6.3.2.    United Kingdom Industrial Enzymes Market Outlook

6.3.2.1.        Market Size & Forecast

6.3.2.1.1.           By Value

6.3.2.2.        Market Share & Forecast

6.3.2.2.1.           By Type

6.3.2.2.2.           By Source

6.3.2.2.3.           By Application

6.3.3.    Italy Industrial Enzymes Market Outlook

6.3.3.1.        Market Size & Forecast

6.3.3.1.1.           By Value

6.3.3.2.        Market Share & Forecast

6.3.3.2.1.           By Type

6.3.3.2.2.           By Source

6.3.3.2.3.           By Application

6.3.4.    Germany Industrial Enzymes Market Outlook

6.3.4.1.        Market Size & Forecast

6.3.4.1.1.           By Value

6.3.4.2.        Market Share & Forecast

6.3.4.2.1.           By Type

6.3.4.2.2.           By Source

6.3.4.2.3.           By Application

6.3.5.    Spain Industrial Enzymes Market Outlook

6.3.5.1.        Market Size & Forecast

6.3.5.1.1.           By Value

6.3.5.2.        Market Share & Forecast

6.3.5.2.1.           By Type

6.3.5.2.2.           By Source

6.3.5.2.3.           By Application

7.    Asia-Pacific Industrial Enzymes Market Outlook

7.1.  Market Size & Forecast

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Type (Carbohydrases, Proteases, Lipases, Phytases, Others)

7.2.2.    By Source (Microbes, Plants, Animals)

7.2.3.    By Application (Food & Beverages, Nutraceuticals & Pharmaceuticals, Animal Feed, Others)

7.2.4.    By Country

7.3.  Asia-Pacific: Country Analysis

7.3.1.    China Industrial Enzymes Market Outlook

7.3.1.1.        Market Size & Forecast

7.3.1.1.1.           By Value

7.3.1.2.        Market Share & Forecast

7.3.1.2.1.           By Type

7.3.1.2.2.           By Source

7.3.1.2.3.           By Application

7.3.2.    India Industrial Enzymes Market Outlook

7.3.2.1.        Market Size & Forecast

7.3.2.1.1.           By Value

7.3.2.2.        Market Share & Forecast

7.3.2.2.1.           By Type

7.3.2.2.2.           By Source

7.3.2.2.3.           By Application

7.3.3.    Japan Industrial Enzymes Market Outlook

7.3.3.1.        Market Size & Forecast

7.3.3.1.1.           By Value

7.3.3.2.        Market Share & Forecast

7.3.3.2.1.           By Type

7.3.3.2.2.           By Source

7.3.3.2.3.           By Application

7.3.4.    Australia Industrial Enzymes Market Outlook

7.3.4.1.        Market Size & Forecast

7.3.4.1.1.           By Value

7.3.4.2.        Market Share & Forecast

7.3.4.2.1.           By Type

7.3.4.2.2.           By Source

7.3.4.2.3.           By Application

7.3.5.    South Korea Industrial Enzymes Market Outlook

7.3.5.1.        Market Size & Forecast

7.3.5.1.1.           By Value

7.3.5.2.        Market Share & Forecast

7.3.5.2.1.           By Type

7.3.5.2.2.           By Source

7.3.5.2.3.           By Application

8.    South America Industrial Enzymes Market Outlook

8.1.  Market Size & Forecast

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Type (Carbohydrases, Proteases, Lipases, Phytases, Others)

8.2.2.    By Source (Microbes, Plants, Animals)

8.2.3.    By Application (Food & Beverages, Nutraceuticals & Pharmaceuticals, Animal Feed, Others)

8.2.4.    By Country

8.3.  South America: Country Analysis

8.3.1.    Brazil Industrial Enzymes Market Outlook

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.           By Value

8.3.1.2.        Market Share & Forecast

8.3.1.2.1.           By Type

8.3.1.2.2.           By Source

8.3.1.2.3.           By Application

8.3.2.    Argentina Industrial Enzymes Market Outlook

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.           By Value

8.3.2.2.        Market Share & Forecast

8.3.2.2.1.           By Type

8.3.2.2.2.           By Source

8.3.2.2.3.           By Application

8.3.3.    Colombia Industrial Enzymes Market Outlook

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.           By Value

8.3.3.2.        Market Share & Forecast

8.3.3.2.1.           By Type

8.3.3.2.2.           By Source

8.3.3.2.3.           By Application

9.    Middle East and Africa Industrial Enzymes Market Outlook

9.1.  Market Size & Forecast

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Type (Carbohydrases, Proteases, Lipases, Phytases, Others)

9.2.2.    By Source (Microbes, Plants, Animals)

9.2.3.    By Application (Food & Beverages, Nutraceuticals & Pharmaceuticals, Animal Feed, Others)

9.2.4.    By Country

9.3.  MEA: Country Analysis

9.3.1.    South Africa Industrial Enzymes Market Outlook

9.3.1.1.        Market Size & Forecast

9.3.1.1.1.           By Value

9.3.1.2.        Market Share & Forecast

9.3.1.2.1.           By Type

9.3.1.2.2.           By Source

9.3.1.2.3.           By Application

9.3.2.    Saudi Arabia Industrial Enzymes Market Outlook

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.           By Value

9.3.2.2.        Market Share & Forecast

9.3.2.2.1.           By Type

9.3.2.2.2.           By Source

9.3.2.2.3.           By Application

9.3.3.    UAE Industrial Enzymes Market Outlook

9.3.3.1.        Market Size & Forecast

9.3.3.1.1.           By Value

9.3.3.2.        Market Share & Forecast

9.3.3.2.1.           By Type

9.3.3.2.2.           By Source

9.3.3.2.3.           By Application

9.3.4.    Kuwait Industrial Enzymes Market Outlook

9.3.4.1.        Market Size & Forecast

9.3.4.1.1.           By Value

9.3.4.2.        Market Share & Forecast

9.3.4.2.1.           By Type

9.3.4.2.2.           By Source

9.3.4.2.3.           By Application

9.3.5.    Turkey Industrial Enzymes Market Outlook

9.3.5.1.        Market Size & Forecast

9.3.5.1.1.           By Value

9.3.5.2.        Market Share & Forecast

9.3.5.2.1.           By Type

9.3.5.2.2.           By Source

9.3.5.2.3.           By Application

9.3.6.    Egypt Industrial Enzymes Market Outlook

9.3.6.1.        Market Size & Forecast

9.3.6.1.1.           By Value

9.3.6.2.        Market Share & Forecast

9.3.6.2.1.           By Type

9.3.6.2.2.           By Source

9.3.6.2.3.           By Application

10. Market Dynamics

10.1.             Drivers

10.2.             Challenges

11. Market Trends & Developments

11.1.             Recent Development

11.2.             Mergers & Acquisitions

11.3.             Product Launches

12. Global Industrial Enzymes Market: SWOT Analysis

13. Porter’s Five Forces Analysis

13.1.             Competition in the Industry

13.2.             Potential of New Entrants

13.3.             Power of Suppliers

13.4.             Power of Customers

13.5.             Threat of Substitute Products

14. Competitive Landscape

14.1.             Business Overview

14.2.             Product Offerings

14.3.             Recent Developments

14.4.             Financials (As Reported)

14.5.             Key Personnel

14.6.             SWOT Analysis Profiles (SWOT Analysis of Top 5 Players Profiled)

14.6.1. BASF SE

14.6.2. Novozymes A/S

14.6.3. Danisco A/S

14.6.4. Novus International, Inc.

14.6.5. Associated British Foods Plc

14.6.6. Chr. Hansen Holding A/S

14.6.7. Lesaffre SA

14.6.8. Bluestar Adisseo Co.

14.6.9. Kerry Group PLC

14.6.10.              Enzyme Development Corporation

Strategic Recommendations

Figures and Tables

Frequently asked questions

down-arrow

Surge in demand for biofuels, growing diversity in enzyme applications and niche products, and stringent environmental norms curbing the usage of chemicals is expected to drive the growth of the global industrial enzymes market in the forecast years.

down-arrow

BASF SE, Novozymes A/S, Danisco A/S, Novus International, Inc., Associated British Foods Plc, Chr. Hansen Holding A/S, among others are leading the global industrial enzymes market in the forecast period.

down-arrow

With the largest revenue share, the carbohydrases is expected to dominate the market. This is due to its expanding application in a variety of industries such as animal feed, medicines, and food and beverages, among others. It is primarily utilized as a catalyst in the conversion of carbohydrates into sugar syrups like fructose and glucose, which are then used in the pharmaceutical and food and beverage industries. It is utilized in the production of artificial sweeteners and prebiotic goods like isomaltose for juices and wines. Thus, wide application of Carbohydrases in different industries due to its efficiency is expected to maintain its dominance in the global industrial enzymes market.

down-arrow

The rising usage of industrial enzymes in the United States is due to increasing knowledge of green technologies that boost productivity, address environmental concerns, and increase product value. This encourages expansion in the research and development industry. Furthermore, some industrial enzyme producers, like Associated British Foods plc, BASF SE, Novozymes, DuPont Danisco, and DSM, are backward integrated and involved in raw material manufacturing. This contributes to lower operational expenses while preserving product quality thus driving the demand for industrial enzymes in North America.

Related Reports

profile

Sakshi Bajaal

Business Consultant
Press Release

Proppants Market to Grow with a CAGR of 5.71% through 2029

Apr, 2024

Technological advancements in hydraulic fracturing and growing exploration and production activities are expected to drive the Global Proppants Market growth in the forecast period, 2025-2029

Why Choose Us