Global Industrial Enzymes Market - 2022-2029

Market Overview

The global industrial enzymes market size was worth US$ XX million in 2021 and is estimated to reach US$ XX million by 2029, growing at a CAGR of XX% during the forecast period (2022-2029).

Food & beverage enzymes, feed enzymes, textile enzymes, leather enzymes, detergent enzymes and cleaner enzymes are examples of industrial enzymes utilized as catalysts in many industrial processes. It contains microbial proteases, which catalyze chemical reactions and aid in the smooth running of industrial processes. Proteases, polymerases, nucleases, lipases, carbohydrases, phytases and other industrial enzymes are a few examples. It fulfills both synthetic and degradative roles in plants, animals and microorganisms.

Protease enzymes are a natural chemical alternative and an environmentally beneficial signal for nature and the environment. Enzymes execute a specific processing step in producing a variety of goods. Enzymes used in industrial processes can be found in nature and hence can be used in the same way in the heart. The food & beverage sector depends heavily on industrial enzymes to process raw materials for various products, including dairy, meat, bread, fruit, beer and wine.

Market Dynamics

With expanding population demand, the worldwide industrial enzymes market is being driven by increased demand for industrial enzymes in the food & beverage industries. The industrial enzymes market has seen tremendous growth due to rising demand for everyday consumer goods such as domestic cleaners and detergents, commercial products and increasing use in textile, animal nutrition products and fuel for cars and energy generation systems.

They're also used in various technical applications like paper recycling to remove ink, laundry, dishwashing detergents, textile processing & fabric finishing and ethanol production to break down starch and cellulose into fermentable sugars.

The rise in demand for processed foods worldwide

There is a spike in demand for industrial enzymes that can withstand extreme circumstances, avoid autoproteolytic activity, maintain optimum pH stability and have substrate specificity in the food & beverage business. The industrial enzymes market has been spurred by increasing government support and measures to develop the food processing sector worldwide and increased investment by the leading companies in the food & beverage industry.

For example, on January 15, 2017, Hindustan Coca-Cola announced a US$ 135 million investment in two factories in India, Ahmedabad and Nellore. It sparked significant demand for the industrial enzymes needed in various food production processes.

The growing demand for industrial enzymes in the textile, domestic cleaning and detergent industries

Industrial enzymes are in ever-increasing demand in various industries, including textiles, cleaning products and detergents. According to research published by the India Brand Equity Foundation Organization in 2017, India's domestic textile sector was valued at roughly US$ 150 billion in 2017 and is expected to grow to US$ 223 billion by 2021. It resulted in a tremendous increase in demand for industrial enzymes.

In addition, there is an increasing demand for industrial enzymes in the pulp and paper industry and paper recycling for pre-bleaching of kraft pulp and raw starch modifications. As per the research published by the Environmental Paper Organization in 2019, worldwide paper output surpassed 400 million tonnes 2019 due to rising demand in China, U.S., India and Japan, followed by Europe.

Enzyme action is confined to several external variables

The underlying environmental factors heavily impact enzyme action. Temperature decreases the reaction rate considerably but heat agitation inactivates the food enzyme, rendering it non-functional. Varying the pH outside the food enzyme's operational range lowers enzyme activity and eventually permanent denaturation. Food enzyme makers attempt to create enzymes that function in a wide ph and temperature range.

COVID-19 Impact Analysis

Due to the COVID- 19pandemic, the worldwide industrial enzymes market has seen tremendous growth, as various countries have sought cleaning products to avoid infection. In the production of cleaners and detergents, industrial enzymes are commonly utilized. During the lockdown era, demand for the products surged. In addition, several prominent manufacturers have introduced cleaning products in response to rising demand, propelling the global industrial enzymes market forward. P&G, for example, announced a new range of antibacterial cleaning solutions called microban 24 on February 24, 2020, which protects surfaces from bacteria and viruses for 24 hours.

However, due to the shutdown of major manufacturing companies, demand for industrial enzymes in the food & beverage industry has shown a modest decline from March to June 2020. Due to increased investment by the leading food & beverage production corporations, demand is expected to rise further in June 2020. For example, despite the country's lockdown, PepsiCo, a significant food & beverage corporation, invested roughly US120 million in Uttar Pradesh, India, on October 11, 2020. As soon as the pandemic ends, industrial enzyme demand will rise.

Segment Analysis

By application, the industrial enzymes market is classified into food & beverages, detergent, animal feed, biofuels, textiles and others.

Wide use of industrial enzymes in the production of food & beverages

The food & beverage category dominated the market, accounting for most of global revenue. Industrial enzymes are required for the manufacture of nutritionally-dense foods and beverages. Cheese processing, fruit & vegetable processing, fats & oils processing, grain processing, protein processing and other food processing industries such as baking, dairy, cereal extraction and brewing necessitate bespoke solutions and different enzyme products.

Food & beverage companies can utilize specific enzyme solutions to improve end-product quality, increase yield, optimize resources, cut prices and reduce pollution & waste. Food enzymes like amylase, cellulase, xylanase, pectinase, protease, lipase, glucosyltransferase, arabinanase, polygalacturonanace, chymosin and beta-glucanase have become essential in the global food additives industry.

Consumers benefit from the food industry's ongoing development of new dairy products, drinks and food items. The usage of enzymes in the food & beverage sector has steadily expanded as new products are developed. Due to increased R&D in the food sector, industrial enzymes have found widespread applications in fat alteration and sweetener technologies, boosting the industrial enzymes market.

Geographical Analysis

The strong presence of food & beverage industries across North America

Over the predicted term, the region is expected to continue its lead. North America is a major regional market for enzymes due to the strong presence of numerous end-use sectors, such as food & beverage, pharmaceuticals, laundry detergent, personal care & cosmetics and the great scope for R&D activities in its major countries.

In the global market for industrial enzymes, U.S. is the market leader. Because of beverage and biofuel production, the country has the most significant revenue share globally. The expansion of the industrial enzymes market is projected to be attributed to the rising demand for craft beer. The high consumption in U.S. industries is linked to increased knowledge of green technologies that solve environmental challenges, increased productivity and higher product value, resulting in growth in the R&D sector and enzyme-based companies.

Due to increasing mergers and acquisitions in the detergent and food processing industries to suit the country's needs, Mexico is predicted to develop faster than North America. The need for industrial enzymes in Canada is driven mainly by dairy products. The country's manufacturing industry is predicted to increase due to the Industrie 2030 strategy and the government's interest in encouraging company investment, which will likely drive demand for industrial enzymes.

Competitive Landscape

The major leading players make the global industrial enzymes market competitive. As a result, manufacturers focus on leveraging current, environmentally friendly technology to customize products, improve quality and differentiate them from their peers. Novozymes, a significant player in the sector, focuses on central enzyme production. On the other hand, manufacturers such as DSM and DuPont Danisco have moved their focus to the appearance of on-site enzyme synthesis.

Key players in Industrial Enzymes market include BASF SE, Novozymes, DuPont Danisco, DSM, Associated British Foods plc, CHR. HANSEN HOLDING A/S, Alpha Packaging, Inc, Lesaffre, ADISSEO and Enzyme Development Corporation.

Biocatalysts Ltd

Overview: Biocatalysts Ltd is a biotechnology firm in Cardiff, Wales, that develops and manufactures specialty enzymes on a commercial scale for a wide range of industries, including food, flavor and fragrance, life science, pharma and fine chemicals. The primary interests of biocatalysts are in enzyme discovery and development, specifically in biomass conversion. The company includes relevant business areas such as enzyme development, biocatalysis and fermentation-based enzyme production.

Product Portfolio: The Company has more than 30 years of experience in enzyme development. Biocatalysts Ltd.'s Enzyme Development & Manufacturing business model is used for various applications in various industries, e.g., food, flavor & fragrance, life science, pharma, fine chemicals and more.

Key Development: On September 1, 2020, Biocatalysts Ltd released Proteocut K, a novel industrial enzyme developed in conjunction with Brain AG, to the life science market. It's a broad-specificity subtilizing type of serine protease utilized to hydrolyze proteins in nucleic acid preparations. Proteocut K (PK909L) is a high-quality, cost-effective replacement for liquid Proteinase K.

Why Purchase the Report?

• Visualize the composition of the industrial enzymes segmentation by source, application, product and region, highlighting the critical commercial assets and players.
• Identify commercial opportunities in industrial enzymes by analyzing trends and co-development deals.
• Excel data sheet with thousands of data points of industrial enzymes - level 4/5 segmentation.
• PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
• Product mapping in excel for the key product of all major market players

The global industrial enzymes report would provide access to an approx. 59 market data tables, 57 figures and 211 pages.

Target Audience

• Industrial Enzymes Providers/ Buyers
• Food & Beverage Industry
• Education & Research Institutes
• Research Professionals
• Emerging Companies
• Enzymes Manufacturers