Global Enzymes Market Size Study & Forecast, by Type, By Source, By Product Type, and Regional Analysis, 2023-2030

Description

List of Tables

Global Enzymes Market is valued approximately at USD 12.1 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 6.80% over the forecast period 2023-2030. Enzymes are biological molecules (typically proteins) that act as catalysts to facilitate and accelerate chemical reactions within living organisms. They are essential for various biological processes, including digestion, metabolism, and cellular signaling. Enzymes work by binding to specific molecules (substrates) and converting them into different molecules (products) while remaining unchanged themselves. Moreover, the increasing demand from food and beverage industry, rising awareness about health and nutrition and expansion of pharmaceutical and biopharmaceutical industries are anticipated to create the lucrative demand for the market during forecast period 2023-2030.

Additionally, the growing biopharmaceutical industry has a significant impact on the enzymes market. Enzymes are critical in various stages of drug development and manufacturing within the biopharmaceutical industry. They are used in processes such as protein expression, purification, modification and formulation. Enzymes play key roles in facilitating biochemical reactions, modifying biomolecules and optimizing production processes, thereby supporting the efficient and cost-effective manufacturing of biopharmaceuticals. According to Statista, in 2020, the biopharmaceutical market was valued USD 291.4 billion; in 2022 the market reached USD 403.1 billion and it is anticipated to reach USD 635.4 billion by 2026. As a result, the growing biopharmaceutical market is anticipated to propel lucrative opportunity for the market growth. Moreover, the advancement in R&D activities for technical enzymes and advancements in enzyme engineering & green chemistry is anticipated to create the lucrative opportunity for the market. However, the stringent regulatory framework, and high prices of raw materials and products stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Enzymes Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 with largest market share owing to the growing demand from food and beverage industry, rising demand for industrial enzymes, increasing awareness about enzyme benefits, and advancements in enzyme engineering and biotechnology. Whereas, the Asia Pacific region is expected to grow with the fastest growth rate during the forecast period, owing to factors such as the growing investment in research and development activities focused on enzyme discovery, expansion of pharmaceutical industry, growing adoption in animal feed industry and expansion of textile and leather industries.

Major market players included in this report are:

BASF SE
Novozymes A/S
Amano Enzyme Inc.
F. HOFFMANN-LA ROCHE LTD.
Advanced Enzyme Technologies Ltd
AB Enzymes GmbH
Thermo Fisher Scientific Inc
Codexis, Inc.
Dupont De Nemours, Inc.
Koninklijke DSM N.V.

Recent Developments in the Market:

In December 2023, Aldevron and Codexis, Inc. have entered into a comprehensive global licensing agreement for Codex HiCap RNA Polymerase. The partnership is designed to enhance commercial reach and streamline the production of mRNA-based therapeutics, aiming for greater efficiency in manufacturing processes.
In September 2023, BASF SE has extended its collaboration with Cargill Incorporated, strengthening their joint effort to provide enzyme solutions tailored for animal protein producers in the United States.

Global Enzymes Market Report Scope:

Historical Data - 2020 - 2021
Base Year for Estimation - 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Type, Source, Product Type, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

Industrial Enzymes
Specialty Enzymes

By Source:

Plants
Animals
Microorganisms

By Product Type:

Protease
Lipase
Carbohydrates
Nuclease & Polymerase
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1.Executive Summary

1.1.Market Snapshot
1.2.Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1.Enzymes Market, by region, 2020-2030 (USD Billion)
- 1.2.2.Enzymes Market, by Type, 2020-2030 (USD Billion)
- 1.2.3.Enzymes Market, by Source, 2020-2030 (USD Billion)
- 1.2.4.Enzymes Market, by Product Type, 2020-2030 (USD Billion)
1.3.Key Trends
1.4.Estimation Methodology
1.5.Research Assumption

Chapter 2.Global Enzymes Market Definition and Scope

2.1.Objective of the Study
2.2.Market Definition & Scope
- 2.2.1.Industry Evolution
- 2.2.2.Scope of the Study
2.3.Years Considered for the Study
2.4.Currency Conversion Rates

Chapter 3.Global Enzymes Market Dynamics

3.1.Enzymes Market Impact Analysis (2020-2030)
- 3.1.1.Market Drivers
  - 3.1.1.1.Increasing demand from food and beverage industry
  - 3.1.1.2.Rising awareness about health and nutrition
  - 3.1.1.3.Expansion of pharmaceutical and biopharmaceutical industries
- 3.1.2.Market Challenges
  - 3.1.2.1.Stringent regulatory framework
  - 3.1.2.2.High prices of raw materials and products
- 3.1.3.Market Opportunities
  - 3.1.3.1.Advancement in R&D activities for technical enzymes
  - 3.1.3.2.Advancement in enzyme engineering & green chemistry

Chapter 4.Global Enzymes Market: Industry Analysis

4.1.Porter's 5 Force Model
- 4.1.1.Bargaining Power of Suppliers
- 4.1.2.Bargaining Power of Buyers
- 4.1.3.Threat of New Entrants
- 4.1.4.Threat of Substitutes
- 4.1.5.Competitive Rivalry
4.2.Porter's 5 Force Impact Analysis
4.3.PEST Analysis
- 4.3.1.Political
- 4.3.2.Economic
- 4.3.3.Social
- 4.3.4.Technological
- 4.3.5.Environmental
- 4.3.6.Legal
4.4.Top investment opportunity
4.5.Top winning strategies
4.6.COVID-19 Impact Analysis
4.7.Disruptive Trends
4.8.Industry Expert Perspective
4.9.Analyst Recommendation & Conclusion

Chapter 5.Global Enzymes Market, by Type

5.1.Market Snapshot
5.2.Global Enzymes Market by Type, Performance - Potential Analysis
5.3.Global Enzymes Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
5.4.Enzymes Market, Sub Segment Analysis
- 5.4.1.Industrial Enzymes
- 5.4.2.Specialty Enzymes

Chapter 6.Global Enzymes Market, by Source

6.1.Market Snapshot
6.2.Global Enzymes Market by Source, Performance - Potential Analysis
6.3.Global Enzymes Market Estimates & Forecasts by Source 2020-2030 (USD Billion)
6.4.Enzymes Market, Sub Segment Analysis
- 6.4.1.Plants
- 6.4.2.Animals
- 6.4.3.Microorganisms

Chapter 7.Global Enzymes Market, by Product Type

7.1.Market Snapshot
7.2.Global Enzymes Market by Product Type, Performance - Potential Analysis
7.3.Global Enzymes Market Estimates & Forecasts by Product Type 2020-2030 (USD Billion)
7.4.Enzymes Market, Sub Segment Analysis
- 7.4.1.Protease
- 7.4.2.Lipase
- 7.4.3.Carbohydrates
- 7.4.4.Nuclease & Polymerase
- 7.4.5.Others

Chapter 8.Global Enzymes Market, Regional Analysis

8.1.Top Leading Countries
8.2.Top Emerging Countries
8.3.Enzymes Market, Regional Market Snapshot
8.4.North America Enzymes Market
- 8.4.1.U.S. Enzymes Market
  - 8.4.1.1.Type breakdown estimates & forecasts, 2020-2030
  - 8.4.1.2.Source breakdown estimates & forecasts, 2020-2030
  - 8.4.1.3.Product Type breakdown estimates & forecasts, 2020-2030
- 8.4.2.Canada Enzymes Market
8.5.Europe Enzymes Market Snapshot
- 8.5.1.U.K. Enzymes Market
- 8.5.2.Germany Enzymes Market
- 8.5.3.France Enzymes Market
- 8.5.4.Spain Enzymes Market
- 8.5.5.Italy Enzymes Market
- 8.5.6.Rest of Europe Enzymes Market
8.6.Asia-Pacific Enzymes Market Snapshot
- 8.6.1.China Enzymes Market
- 8.6.2.India Enzymes Market
- 8.6.3.Japan Enzymes Market
- 8.6.4.Australia Enzymes Market
- 8.6.5.South Korea Enzymes Market
- 8.6.6.Rest of Asia Pacific Enzymes Market
8.7.Latin America Enzymes Market Snapshot
- 8.7.1.Brazil Enzymes Market
- 8.7.2.Mexico Enzymes Market
8.8.Middle East & Africa Enzymes Market
- 8.8.1.Saudi Arabia Enzymes Market
- 8.8.2.South Africa Enzymes Market
- 8.8.3.Rest of Middle East & Africa Enzymes Market

Chapter 9.Competitive Intelligence

9.1.Key Company SWOT Analysis
9.2.Top Market Strategies
9.3.Company Profiles
- 9.3.1.BASF SE
  - 9.3.1.1.Key Information
  - 9.3.1.2.Overview
  - 9.3.1.3.Financial (Subject to Data Availability)
  - 9.3.1.4.Product Summary
  - 9.3.1.5.Recent Developments
- 9.3.2.Novozymes A/S
- 9.3.3.Amano Enzyme Inc.
- 9.3.4.F. HOFFMANN-LA ROCHE LTD.
- 9.3.5.Advanced Enzyme Technologies Ltd
- 9.3.6.AB Enzymes GmbH
- 9.3.7.Thermo Fisher Scientific Inc
- 9.3.8.Codexis, Inc.
- 9.3.9.Dupont De Nemours, Inc.
- 9.3.10.Koninklijke DSM N.V.

Chapter 10.Research Process

10.1.Research Process
- 10.1.1.Data Mining
- 10.1.2.Analysis
- 10.1.3.Market Estimation
- 10.1.4.Validation
- 10.1.5.Publishing
10.2.Research Attributes
10.3.Research Assumption

LIST OF TABLES

TABLE 1.Global Enzymes Market, report scope
TABLE 2.Global Enzymes Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3.Global Enzymes Market estimates & forecasts by Type 2020-2030 (USD Billion)
TABLE 4.Global Enzymes Market estimates & forecasts by Source 2020-2030 (USD Billion)
TABLE 5.Global Enzymes Market estimates & forecasts by Product Type 2020-2030 (USD Billion)
TABLE 6.Global Enzymes Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7.Global Enzymes Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8.Global Enzymes Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9.Global Enzymes Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10.Global Enzymes Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11.Global Enzymes Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12.Global Enzymes Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13.Global Enzymes Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14.Global Enzymes Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15.Global Enzymes Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16.U.S. Enzymes Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17.U.S. Enzymes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18.U.S. Enzymes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19.Canada Enzymes Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 20.Canada Enzymes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21.Canada Enzymes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22.UK Enzymes Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 23.UK Enzymes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24.UK Enzymes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25.Germany Enzymes Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 26.Germany Enzymes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27.Germany Enzymes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28.France Enzymes Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 29.France Enzymes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30.France Enzymes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31.Italy Enzymes Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 32.Italy Enzymes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33.Italy Enzymes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34.Spain Enzymes Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 35.Spain Enzymes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36.Spain Enzymes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37.RoE Enzymes Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 38.RoE Enzymes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39.RoE Enzymes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40.China Enzymes Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 41.China Enzymes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42.China Enzymes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43.India Enzymes Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 44.India Enzymes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45.India Enzymes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46.Japan Enzymes Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 47.Japan Enzymes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48.Japan Enzymes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49.South Korea Enzymes Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 50.South Korea Enzymes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51.South Korea Enzymes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52.Australia Enzymes Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 53.Australia Enzymes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54.Australia Enzymes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55.RoAPAC Enzymes Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 56.RoAPAC Enzymes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57.RoAPAC Enzymes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58.Brazil Enzymes Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 59.Brazil Enzymes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60.Brazil Enzymes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61.Mexico Enzymes Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 62.Mexico Enzymes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63.Mexico Enzymes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64.RoLA Enzymes Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 65.RoLA Enzymes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66.RoLA Enzymes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67.Saudi Arabia Enzymes Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 68.South Africa Enzymes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69.RoMEA Enzymes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70.List of secondary sources, used in the study of global Enzymes Market
TABLE 71.List of primary sources, used in the study of global Enzymes Market
TABLE 72.Years considered for the study
TABLE 73.Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1.Global Enzymes Market, research methodology
FIG 2.Global Enzymes Market, Market estimation techniques
FIG 3.Global Market size estimates & forecast methods
FIG 4.Global Enzymes Market, key trends 2022
FIG 5.Global Enzymes Market, growth prospects 2023-2030
FIG 6.Global Enzymes Market, porters 5 force model
FIG 7.Global Enzymes Market, pest analysis
FIG 8.Global Enzymes Market, value chain analysis
FIG 9.Global Enzymes Market by segment, 2020 & 2030 (USD Billion)
FIG 10.Global Enzymes Market by segment, 2020 & 2030 (USD Billion)
FIG 11.Global Enzymes Market by segment, 2020 & 2030 (USD Billion)
FIG 12.Global Enzymes Market by segment, 2020 & 2030 (USD Billion)
FIG 13.Global Enzymes Market by segment, 2020 & 2030 (USD Billion)
FIG 14.Global Enzymes Market, regional snapshot 2020 & 2030
FIG 15.North America Enzymes Market 2020 & 2030 (USD Billion)
FIG 16.Europe Enzymes Market 2020 & 2030 (USD Billion)
FIG 17.Asia pacific Enzymes Market 2020 & 2030 (USD Billion)
FIG 18.Latin America Enzymes Market 2020 & 2030 (USD Billion)
FIG 19.Middle East & Africa Enzymes Market 2020 & 2030 (USD Billion)