PUBLISHER: Persistence Market Research | PRODUCT CODE: 1470727
PUBLISHER: Persistence Market Research | PRODUCT CODE: 1470727
Transglutaminase Market by Product Type, End-Users, and Geography (North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa): Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2031
The Transglutaminase Market report by Persistence Market Research offers an insightful analysis of market dynamics, growth factors, challenges, and emerging trends. It covers data and statistics on the market's trajectory from 2024 to 2031, providing valuable insights into the current state and future prospects of the Transglutaminase Market.
The global transglutaminase market is anticipated to grow at a compound annual growth rate (CAGR) of 7.4% from USD 510 million in 2024 to USD 967.5 million by 2031.
Key Insights:
- Estimated Market Size (2024): USD 510 Million
- Projected Market Size (2031): USD 967.5 Million
- Global Market Growth Rate (CAGR 2024 to 2031): 7.4%
Transglutaminase Market - Report Scope:
Transglutaminase is an enzyme that catalyzes the formation of covalent bonds between proteins, contributing to the texture, structure, and stability of various food products. The transglutaminase market encompasses enzymes derived from microbial, animal, and plant sources, used in food processing applications such as meat, seafood, dairy, bakery, and convenience foods. The report outlines key drivers behind the demand for transglutaminase, including increasing consumer demand for processed foods, growing awareness of clean label ingredients, and rising adoption of transglutaminase for texture modification and protein cross-linking in food formulations.
Market Growth Drivers:
The market's growth is driven by several factors. Firstly, the increasing consumption of processed and convenience foods worldwide drives demand for transglutaminase as a versatile enzyme for improving texture, functionality, and sensory attributes of food products. Additionally, growing consumer awareness of clean label ingredients, natural additives, and functional food ingredients fosters demand for transglutaminase derived from microbial and plant-based sources, addressing consumer preferences for clean label and vegetarian-friendly products. Moreover, advancements in enzyme engineering, fermentation technologies, and bioprocessing methods drive market growth by enhancing the production efficiency, yield, and purity of transglutaminase enzymes for food applications.
Market Restraints:
Despite the positive outlook, the Transglutaminase Market faces certain challenges. Regulatory constraints, safety concerns, and labeling requirements for transglutaminase and enzyme-treated foods may impact market adoption and consumer acceptance, influencing market dynamics and product positioning. Moreover, cost pressures, supply chain disruptions, and raw material availability may impact the affordability and availability of transglutaminase enzymes, particularly for small and medium-sized food manufacturers and startups. Additionally, competition from alternative texturizing agents, stabilizers, and functional ingredients may pose challenges to market penetration and product differentiation, requiring innovation and value-added solutions to maintain market competitiveness.
Market Opportunities:
The Transglutaminase Market offers significant opportunities for innovation and diversification. Manufacturers can focus on developing transglutaminase enzymes with improved functionality, specificity, and performance characteristics tailored to specific food applications and processing conditions. Moreover, strategic partnerships, collaborations, and joint ventures with food ingredient suppliers, research institutions, and food manufacturers facilitate market penetration and expansion into new product categories, geographic regions, and customer segments. Furthermore, investments in research and development, product customization, and application support enable market players to address emerging trends, market needs, and regulatory requirements, driving long-term growth and sustainability in the transglutaminase market.
Key Questions Addressed in the Report:
- What is the Expected CAGR of the Transglutaminase Market from 2024 to 2031?
- What are the Key Factors Driving the Growth of the Transglutaminase Market?
- Which Source Type Holds the Largest Market Share in the Transglutaminase Market?
- Who are the Key Players in the Global Transglutaminase Market?
- What Strategies are Adopted by Leading Companies to Stay Competitive in the Transglutaminase Market?
Competitive Landscape and Business Strategies:
Key players in the Transglutaminase Market include Ajinomoto Co., Inc., Kerry Group plc, DSM Food Specialties B.V., BDF Natural Ingredients, and Micro-Tech Foods Ingredients Inc. These companies focus on product innovation, research and development, and strategic acquisitions to maintain a competitive edge in the market. For instance, Ajinomoto Co., Inc. offers a range of transglutaminase products under the brand name Activa, while Kerry Group plc specializes in enzyme-based solutions for food texture modification and functional enhancement. Market players also invest in application support, technical services, and customer collaboration to provide value-added solutions and address customer needs and preferences in the food industry.
Key Companies Profiled:
- BDF Ingredients
- C&P Group Ingredients
- Creative Enzymes
- Guangdong Kelong Biotechnology Co., Ltd.
- Haihang Industry
- Jiangsu Yiming Biological Technology Co., Ltd.
- Micro-Tech Foods Ingredients, Inc.
- Ultreze Enzymes Pvt. Ltd.
- Yesil Arma
- Ajinomoto Co., Inc.
- Antozyme Biotech Pvt. Ltd.
- Apex Biotechnol
Transglutaminase Market Segmentation:
Transglutaminase Market by Source Type:
- Animal and Plant Tissues (TTGs)
- Microbial Fermentation (MTGs)
Transglutaminase Market by Application:
- Transglutaminase for Meat Processing
- Transglutaminase for Fish Processing
- Transglutaminase for Dairy Products
- Transglutaminase for Bakery Products
Transglutaminase Market by Region:
- North America Transglutaminase Market
- Latin America Transglutaminase Market
- Europe Transglutaminase Market
- East Asia Transglutaminase Market
- South Asia Transglutaminase Market
- Oceania Transglutaminase Market
- Middle East & Africa Transglutaminase Market
Table of Contents
1. Executive Summary
- 1.1. Global Market Outlook
- 1.2. Demand Side Trends
- 1.3. Supply Side Trends
2. Market Overview
- 2.1. Market Coverage / Taxonomy
- 2.2. Market Definition / Scope / Limitations
3. Key Market Trends
- 3.1. Key Trends Impacting the Market
- 3.2. Product Innovation / Development Trends
4. Key Success Factors
- 4.1. Product Adoption / Usage Analysis
- 4.2. Product USPs / Features
- 4.3. Strategic Promotional Strategies
5. Global Transglutaminase Market Demand Analysis 2023-2020 and Forecast, 2024-2031
- 5.1. Historical Market Volume (Tons) Analysis, 2023-2020
- 5.2. Current and Future Market Volume (Tons) Projections, 2024-2031
- 5.2.1. Y-o-Y Growth Trend Analysis
6. Global Transglutaminase Market - Pricing Analysis
- 6.1. Regional Pricing Analysis 2023-2023 E
- 6.2. Pricing Break-up
7. Global Transglutaminase Market Demand Analysis 2023-2020 and Forecast, 2024-2031
- 7.1. Historical Market Value (US$ Mn) Analysis, 2023-2020
- 7.2. Current and Future Market Value (US$ Mn) Projections, 2024-2031
- 7.2.1. Y-o-Y Growth Trend Analysis
- 7.2.2. Absolute $ opportunity Analysis
8. Market Background
- 8.1. Macro-Economic Factors
- 8.1.1. Global Economic Overview
- 8.1.2. Global Food Additives Market Overview
- 8.1.3. Global Bakery Products Market Overview
- 8.1.4. Other key Macro-Economic Factors
- 8.2. Forecast Factors - Relevance & Impact
- 8.2.1. Top Companies Growth Outlook
- 8.2.2. Application Sectors Demand Outlook
- 8.2.3. Global Urbanisation Outlook
- 8.2.4. Impact of Regulations
- 8.2.5. Other Key Forecast Factors
- 8.3. Value Chain
- 8.4. Production Process Overview
- 8.5. Supply Vs Demand overview
- 8.6. List of Key Market Participants
- 8.6.1. Manufacturers
- 8.6.2. Distributors
- 8.7. Impact of COVID-19 Crisis
- 8.7.1. Current Statistics
- 8.7.2. Expected Recovery and Comparison with Sub-Prime Crisis
- 8.7.3. World Economy / Cluster Projections
- 8.7.4. Impact by taxonomy
- 8.7.5. Impact on Market Size
- 8.7.6. Recovery Scenarios
- 8.8. Application Industry Demand Analysis
- 8.9. Market Dynamics
- 8.9.1. Drivers
- 8.9.2. Restraints
- 8.9.3. Opportunity Analysis
9. Global Transglutaminase Market Analysis 2023-2020 and Forecast 2024-2031, By Source Type
- 9.1. Introduction / Key Findings
- 9.2. Historical Market Size (US$ Mn) and Volume Analysis By Source Type, 2023-2020
- 9.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Source Type, 2024-2031
- 9.3.1. Animal & Plant Tissues (TTGs)
- 9.3.2. Microbial Fermentation (MTGs)
- 9.4. Market Attractiveness Analysis By Source Type
10. Global Transglutaminase Market Analysis 2023-2020 and Forecast 2024-2031, By Application
- 10.1. Introduction / Key Findings
- 10.2. Historical Market Size (US$ Mn) and Volume Analysis By Application, 2023-2020
- 10.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Application, 2024-2031
- 10.3.1. Meat Processing
- 10.3.2. Fish Processing
- 10.3.3. Dairy products
- 10.3.4. Bakery Products
- 10.3.5. Others
- 10.4. Market Attractiveness Analysis By Application
11. Global Transglutaminase Market Analysis 2023-2020 and Forecast 2024-2031, by Region
- 11.1. Introduction
- 11.2. Historical Market Size (US$ Mn) and Volume Analysis By Region, 2023-2020
- 11.3. Current Market Size (US$ Mn) and Volume Analysis and Forecast By Region, 2024-2031
- 11.3.1. North America
- 11.3.2. Latin America
- 11.3.3. Europe
- 11.3.4. East Asia
- 11.3.5. South Asia & Pacific
- 11.3.6. Middle East and Africa (MEA)
- 11.4. Market Attractiveness Analysis By Region
12. North America Transglutaminase Market Analysis 2023-2020 and Forecast 2024-2031
- 12.1. Introduction
- 12.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2023-2020
- 12.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2031
- 12.3.1. By Country
- 12.3.1.1. U.S.
- 12.3.1.2. Canada
- 12.3.2. By Source Type
- 12.3.3. By Application
- 12.3.1. By Country
- 12.4. U.S. Transglutaminase Market Analysis
- 12.4.1. By Source Type
- 12.4.2. By Application
- 12.5. Canada Transglutaminase Market Analysis
- 12.5.1. By Source Type
- 12.5.2. By Application
- 12.6. Market Attractiveness Analysis
- 12.6.1. By Country
- 12.6.2. By Source Type
- 12.6.3. By Application
- 12.7. Drivers and Restraints - Impact Analysis
13. Latin America Transglutaminase Market Analysis 2023-2020 and Forecast 2024-2031
- 13.1. Introduction
- 13.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2023-2020
- 13.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2031
- 13.3.1. By Country
- 13.3.1.1. Brazil
- 13.3.1.2. Mexico
- 13.3.1.3. Rest of Latin America
- 13.3.2. By Source Type
- 13.3.3. By Application
- 13.3.1. By Country
- 13.4. Mexico Transglutaminase Market Analysis
- 13.4.1. By Source Type
- 13.4.2. By Application
- 13.5. Brazil Transglutaminase Market Analysis
- 13.5.1. By Source Type
- 13.5.2. By Application
- 13.6. Rest of Latin America Transglutaminase Market Analysis
- 13.6.1. By Source Type
- 13.6.2. By Application
- 13.7. By Application Market Attractiveness Analysis
- 13.7.1. By Country
- 13.7.2. By Source Type
- 13.7.3. By Application
- 13.8. Drivers and Restraints - Impact Analysis
14. Europe Transglutaminase Market Analysis 2023-2020 and Forecast 2024-2031
- 14.1. Introduction
- 14.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2023-2020
- 14.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2031
- 14.3.1. By Country
- 14.3.1.1. Germany
- 14.3.1.2. Italy
- 14.3.1.3. France
- 14.3.1.4. U.K.
- 14.3.1.5. Spain
- 14.3.1.6. BENELUX
- 14.3.1.7. Russia
- 14.3.1.8. Rest of Europe
- 14.3.2. By Source Type
- 14.3.3. By Application
- 14.3.1. By Country
- 14.4. Germany Transglutaminase Market Analysis
- 14.4.1. By Source Type
- 14.4.2. By Application
- 14.5. Italy Transglutaminase Market Analysis
- 14.5.1. By Source Type
- 14.5.2. By Application
- 14.6. Spain Transglutaminase Market Analysis
- 14.6.1. By Source Type
- 14.6.2. By Application
- 14.7. BENELUX Transglutaminase Market Analysis
- 14.7.1. By Source Type
- 14.7.2. By Application
- 14.8. U.K. Transglutaminase Market Analysis
- 14.8.1. By Source Type
- 14.8.2. By Application
- 14.9. Russia Transglutaminase Market Analysis
- 14.9.1. By Source Type
- 14.9.2. By Application
- 14.10. France Transglutaminase Market Analysis
- 14.10.1. By Source Type
- 14.10.2. By Application
- 14.11. Rest of Europe Transglutaminase Market Analysis
- 14.11.1. By Source Type
- 14.11.2. By Application
- 14.12. Market Attractiveness Analysis
- 14.12.1. By Country
- 14.12.2. By Source Type
- 14.12.3. By Application
- 14.13. Drivers and Restraints - Impact Analysis
15. South Asia & Pacific Transglutaminase Market Analysis 2023-2020 and Forecast 2024-2031
- 15.1. Introduction
- 15.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2023-2020
- 15.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2031
- 15.3.1. By Country
- 15.3.1.1. India
- 15.3.1.2. Thailand
- 15.3.1.3. Indonesia
- 15.3.1.4. Malaysia
- 15.3.1.5. Oceania
- 15.3.1.6. Rest of South Asia
- 15.3.2. By Source Type
- 15.3.3. By Application
- 15.3.1. By Country
- 15.4. India Transglutaminase Market Analysis
- 15.4.1. By Source Type
- 15.4.2. By Application
- 15.5. Thailand Transglutaminase Market Analysis
- 15.5.1. By Source Type
- 15.5.2. By Application
- 15.6. Indonesia Transglutaminase Market Analysis
- 15.6.1. By Source Type
- 15.6.2. By Application
- 15.7. Malaysia Transglutaminase Market Analysis
- 15.7.1. By Source Type
- 15.7.2. By Application
- 15.8. Oceania Transglutaminase Market Analysis
- 15.8.1. By Source Type
- 15.8.2. By Application
- 15.9. Rest of South Asia & Pacific Transglutaminase Market Analysis
- 15.9.1. By Source Type
- 15.9.2. By Application
- 15.10. Market Attractiveness Analysis
- 15.10.1. By Country
- 15.10.2. By Source Type
- 15.10.3. By Application
- 15.11. Drivers and Restraints - Impact Analysis
16. East Asia Transglutaminase Market Analysis 2023-2020 and Forecast 2024-2031
- 16.1. Introduction
- 16.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2023-2020
- 16.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2031
- 16.3.1. By Country
- 16.3.1.1. China
- 16.3.1.2. Japan
- 16.3.1.3. South Korea
- 16.3.2. By Source Type
- 16.3.3. By Application
- 16.3.1. By Country
- 16.4. China Transglutaminase Market Analysis
- 16.4.1. By Source Type
- 16.4.2. By Application
- 16.5. Japan Transglutaminase Market Analysis
- 16.5.1. By Source Type
- 16.5.2. By Application
- 16.6. South Korea Transglutaminase Market Analysis
- 16.6.1. By Source Type
- 16.6.2. By Application
- 16.7. Market Attractiveness Analysis
- 16.7.1. By Country
- 16.7.2. By Source Type
- 16.7.3. By Application
- 16.8. Drivers and Restraints - Impact Analysis
- 16.9. Drivers and Restraints - Impact Analysis
17. Middle East and Africa Transglutaminase Market Analysis 2023-2020 and Forecast 2024-2031
- 17.1. Introduction
- 17.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2023-2020
- 17.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2031
- 17.3.1. By Country
- 17.3.1.1. GCC Countries
- 17.3.1.2. Turkey
- 17.3.1.3. Northern Africa
- 17.3.1.4. South Africa
- 17.3.1.5. Rest of Middle East and Africa
- 17.3.2. By Source Type
- 17.3.3. By Application
- 17.3.1. By Country
- 17.4. GCC Countries Transglutaminase Market Analysis
- 17.4.1. By Source Type
- 17.4.2. By Application
- 17.5. Northern Africa Transglutaminase Market Analysis
- 17.5.1. By Source Type
- 17.5.2. By Application
- 17.6. Turkey Transglutaminase Market Analysis
- 17.6.1. By Source Type
- 17.6.2. By Application
- 17.7. South Africa Transglutaminase Market Analysis
- 17.7.1. By Source Type
- 17.7.2. By Application
- 17.8. Market Attractiveness Analysis
- 17.8.1. By Country
- 17.8.2. By Source Type
- 17.8.3. By Application
- 17.9. Drivers and Restraints - Impact Analysis
18. Market Structure Analysis
- 18.1. Market Analysis by Tier of Companies
- 18.2. Market Concentration
- 18.3. Market Presence Analysis
- 18.3.1. By Regional Footprint of Players
19. Competition Analysis
- 19.1. Competition Dashboard
- 19.2. Competition Deep Dive
- 19.2.1. Ajinomoto Co., Inc.
- 19.2.1.1. Overview
- 19.2.1.2. Product Portfolio
- 19.2.1.3. Sales Footprint
- 19.2.1.4. Key Developments
- 19.2.1.5. Strategy Overview
- 19.2.2. Antozyme Biotech Pvt. Ltd.
- 19.2.2.1. Overview
- 19.2.2.2. Product Portfolio
- 19.2.2.3. Sales Footprint
- 19.2.2.4. Key Developments
- 19.2.2.5. Strategy Overview
- 19.2.3. Apex Biotechnol
- 19.2.3.1. Overview
- 19.2.3.2. Product Portfolio
- 19.2.3.3. Sales Footprint
- 19.2.3.4. Key Developments
- 19.2.3.5. Strategy Overview
- 19.2.4. BDF Ingredients
- 19.2.4.1. Overview
- 19.2.4.2. Product Portfolio
- 19.2.4.3. Sales Footprint
- 19.2.4.4. Key Developments
- 19.2.4.5. Strategy Overview
- 19.2.5. C&P Group Ingredients
- 19.2.5.1. Overview
- 19.2.5.2. Product Portfolio
- 19.2.5.3. Sales Footprint
- 19.2.5.4. Key Developments
- 19.2.5.5. Strategy Overview
- 19.2.6. Creative Enzymes
- 19.2.6.1. Overview
- 19.2.6.2. Product Portfolio
- 19.2.6.3. Sales Footprint
- 19.2.6.4. Key Developments
- 19.2.6.5. Strategy Overview
- 19.2.7. Guangdong Kelong Biotechnology Co., Ltd.
- 19.2.7.1. Overview
- 19.2.7.2. Product Portfolio
- 19.2.7.3. Sales Footprint
- 19.2.7.4. Key Developments
- 19.2.7.5. Strategy Overview
- 19.2.8. Haihang Industry
- 19.2.8.1. Overview
- 19.2.8.2. Product Portfolio
- 19.2.8.3. Sales Footprint
- 19.2.8.4. Key Developments
- 19.2.8.5. Strategy Overview
- 19.2.9. Jiangsu Yiming Biological Technology Co., Ltd.
- 19.2.9.1. Overview
- 19.2.9.2. Product Portfolio
- 19.2.9.3. Sales Footprint
- 19.2.9.4. Key Developments
- 19.2.9.5. Strategy Overview
- 19.2.10. Micro-Tech Foods Ingredients, Inc.
- 19.2.10.1. Overview
- 19.2.10.2. Product Portfolio
- 19.2.10.3. Sales Footprint
- 19.2.10.4. Key Developments
- 19.2.10.5. Strategy Overview
- 19.2.11. Ultreze Enzymes Pvt. Ltd.
- 19.2.11.1. Overview
- 19.2.11.2. Product Portfolio
- 19.2.11.3. Sales Footprint
- 19.2.11.4. Key Developments
- 19.2.11.5. Strategy Overview
- 19.2.12. Yesil Arma
- 19.2.12.1. Overview
- 19.2.12.2. Product Portfolio
- 19.2.12.3. Sales Footprint
- 19.2.12.4. Key Developments
- 19.2.12.5. Strategy Overview
- 19.2.1. Ajinomoto Co., Inc.
20. Assumptions and Acronyms Used
21. Research Methodology
