Industrial Enzymes Market: Global Market Size, Dynamics, Regional Share, Trends, Competitor Analysis 2017 to 2021 and Forecast 2022 to 2028

$ PRICE - $ 3,000.00$ 8,900.00

Industrial Enzymes Market: By Type (Proteases, Polymerases & Nucleases, Lipase, and Others), By Application (Food Processing, Personal & Household Care, Pharmaceuticals, Textiles, Cosmetics, Leather Processing, Pulp & Paper, and Others), By Source (Animals, Plants, and Micro-organisms) and Geography

 

$ PRICE - $ 3,000.00$ 8,900.00
Clear selection
Clear
$ PRICE - $ 3,000.00$ 8,900.00
FacebookTwitterLinkedinEmail
SKU: N/A Category:

Report

Description

Industrial Enzymes Market size is expected to grow at a prominent growth rate of 6.6% from 2022 to 2028. The global market provides a detailed overview of the Industrial Enzymes market, and that can be segmented by type, by application, and by source. By type, the Industrial Enzymes market has been segmented into Proteases, Polymerases & Nucleases, Lipase, and Others. The proteases segment is likely to be the largest and fastest-growing segment in terms of type. The rise of this segment is because protease is mainly used for hydrolysis of protein peptides into amino acids, protein breakdown, and in numerous applications, such as pharmaceuticals, food, animal feed, detergents, photography, and chemicals. Threonine, serine, aspartate, cysteine, glutamic acid, papain, and metalloproteases are the frequently found sorts of proteases. Based on Application, the Industrial Enzymes market is segmented into Food Processing, Personal & Household Care, Pharmaceuticals, Textiles, Cosmetics, Leather Processing, Pulp & Paper, and Others. Among these, the food processing segment is expected to have the fastest-growing market during the forecast period 2022-2028. Industrial enzymes are vital in manufacturing nourishing food products. Customized approach and proprietary enzyme goods are used in cheese processing, fats and oilseed processing, fruit and vegetable processing, protein processing, grain processing, and other food processing businesses, such as dairy, baking, brewing, and cereal extraction. Based on the Source, the Industrial Enzymes market is segmented into Animals, Plants, and microorganisms. The micro-organisms segment is expected to have a significant share in 2021. Microorganisms-based enzymes are segregated into three types, explicitly bacterial, yeast, and fungal enzymes. Mushroom-based industrial enzymes include phenol oxidases, hydrolases, and esterases. Bacterial enzymes are mainly obtained from Bacillus. The majority of the industrial enzymes are used in pharmaceuticals, detergents, and the food and beverage industry.

Key Developments:

In April 2021 – BASF SE announced an agreement with Sandoz GmbH to invest at their kundl/Schaftenau Campur in Austria to expand their enzyme production and biotechnology products.

In February 2021, IFF announced the completion of a merger between IFF and Dupont’s nutrition and biosciences business

Industrial Enzymes Market

MARKET SUMMARY
-
6.6% CAGR
  • Study Period– 2021-2027
  • Base Year– 2020
  • CAGR– 6.6%
  • Largest Market– North America
  • Fastest Growing Market– Europe

Industrial Enzymes Market

  • The industrial enzymes market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
  • The industrial enzymes market is segmented based on type, application, source and geography.
Key Players
  • Koninklijke DSM N.V (Netherlands)
  • Novozymes A/S (Denmark)
  • BASF SE (Germany)
  • I. DuPont de Nemours and Company (U.S.)
  • Associated British Foods Plc (U.K.)
Industrial Enzymes Market Drivers

The growing product demand from end-use businesses is anticipated to propel the market growth over the forecast years. Moreover, the rising demand for proteases in the food and beverage applications and growing industrialization, along with progressions in the nutraceutical sector are burgeoning the market growth over the forecast years.


North-America got significant share

Industrial Enzymes Market

North America market is expected to witness the highest market share during the forecast period

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Key Features of the Report

  • The Industrial enzymes market provides granular level information about the market size, regional market share, historic market (2017-2021) and forecast (2022-2028)
  • The Industrial enzymes market covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The Industrial enzymes market outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The Industrial enzymes market tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The Industrial enzymes market provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario

Industrial Enzymes Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

The industrial enzymes market is projected to expand at a CAGR of 6.6% during the forecast period

Koninklijke DSM N.V (Netherlands), Novozymes A/S (Denmark), BASF SE (Germany), I. DuPont de Nemours and Company (U.S.), Associated British Foods Plc (U.K.), DSM (Netherlands)

North America is the fastest-growing region for industrial enzymes market


Report

Table Of Content


Report

Company Profile

  • Koninklijke DSM N.V (Netherlands)
  • Novozymes A/S (Denmark)
  • BASF SE (Germany)
  • I. DuPont de Nemours and Company (U.S.)
  • Associated British Foods Plc (U.K.)
  • DSM (Netherlands)

Description

Industrial Enzymes Market size is expected to grow at a prominent growth rate of 6.6% from 2022 to 2028. The global market provides a detailed overview of the Industrial Enzymes market, and that can be segmented by type, by application, and by source. By type, the Industrial Enzymes market has been segmented into Proteases, Polymerases & Nucleases, Lipase, and Others. The proteases segment is likely to be the largest and fastest-growing segment in terms of type. The rise of this segment is because protease is mainly used for hydrolysis of protein peptides into amino acids, protein breakdown, and in numerous applications, such as pharmaceuticals, food, animal feed, detergents, photography, and chemicals. Threonine, serine, aspartate, cysteine, glutamic acid, papain, and metalloproteases are the frequently found sorts of proteases. Based on Application, the Industrial Enzymes market is segmented into Food Processing, Personal & Household Care, Pharmaceuticals, Textiles, Cosmetics, Leather Processing, Pulp & Paper, and Others. Among these, the food processing segment is expected to have the fastest-growing market during the forecast period 2022-2028. Industrial enzymes are vital in manufacturing nourishing food products. Customized approach and proprietary enzyme goods are used in cheese processing, fats and oilseed processing, fruit and vegetable processing, protein processing, grain processing, and other food processing businesses, such as dairy, baking, brewing, and cereal extraction. Based on the Source, the Industrial Enzymes market is segmented into Animals, Plants, and microorganisms. The micro-organisms segment is expected to have a significant share in 2021. Microorganisms-based enzymes are segregated into three types, explicitly bacterial, yeast, and fungal enzymes. Mushroom-based industrial enzymes include phenol oxidases, hydrolases, and esterases. Bacterial enzymes are mainly obtained from Bacillus. The majority of the industrial enzymes are used in pharmaceuticals, detergents, and the food and beverage industry.

Key Developments:

In April 2021 – BASF SE announced an agreement with Sandoz GmbH to invest at their kundl/Schaftenau Campur in Austria to expand their enzyme production and biotechnology products.

In February 2021, IFF announced the completion of a merger between IFF and Dupont’s nutrition and biosciences business

ASIA PACIFIC OFFICE

Precision Business Insights, MIG 366, SAI PLAZA, 1st Floor, KPHB Colony, Hyderabad - 500072

EUROPE OFFICE

Precision Business Insights, Kemp House, 152 – 160 City Road, London EC1V 2NX