PUBLISHER: Renub Research | PRODUCT CODE: 1438310
PUBLISHER: Renub Research | PRODUCT CODE: 1438310
Industrial Enzymes Market, Size, Global Forecast 2024-2030, Industry Trends, Share, Growth, Insight, Impact of Inflation, Company Analysis
Global Industrial Enzymes Market size is projected to be priced at around US$ 10.10 Billion by 2030, according to Renub Research. Enzymes play a surprisingly essential role in modern industry and are critical to producing more business products than one would initially consider. Enzymes are proteins that accelerate reactions and improve yield by increasing the availability of precursors for downstream reactions. The most apparent use for enzymes in industry is the making of cheese, bread, and alcohol. In these conventional applications, the enzymes are part of microbial machinery like bacteria or yeast. Over time, scientists have isolated specific enzymes and understood their catalytic functions well enough to integrate them with or without their microbial hosts in various surprising situations.
Global Industrial Enzymes Market is expected to see a CAGR of 6.17% between 2024 and 2030
The increasing global intake of bakery products and fruit juices is expected to propel the demand for industrial enzymes. This factor will contribute to the industry's growth in the coming years. Industrial enzymes are frequently used in the food and beverage industry to increase product quality and shelf life. They are utilized in brewing and baking procedures and in dairy, starch, and sugar products that people regularly consume in large quantities. They are used in baking to provide flour or dough with particular qualities. They help reduce the flour's protein content in biscuits and crackers, while their employment in bread amplifies or standardizes its quality and guarantees uniform browning.
Also, the ascending demand for food & beverage products is due to increasing customer awareness related to one's health. It is expected to impact product demand positively over the forecast period. Enzymes are extracted from various sources, such as calf stomachs, microorganisms, and plant materials. Nowadays, manufacturers also produce enzymes by using transgenic microorganisms or plants. The primary companies use microorganisms such as fungi, enzyme-producing yeast, and bacteria commercially. In addition, technological advancements in the industry are considered a significant driving factor.
The US dominates the North American industrial enzymes market share because of high demand in the food and beverage sector. Growth is expected due to the development of the pharmaceutical and nutraceutical sectors. The industrial enzyme market in Asia-Pacific is supposed to grow substantially due to the expansion of the detergent and pharmaceutical sectors in India, South Korea, China, and Japan. Hence, the global industrial enzymes market size was around US$ 6.64 Billion in 2023.
The product segment of carbohydrases is currently the leading sector in the industrial enzymes market
By types, the global industrial enzyme market report is categorized into Carbohydrase, Proteases, Lipases, Polymerases & Nucleases, and Others. The carbohydrases product section dominates the industrial enzymes market. Carbohydrase enzymes are used in various applications, like pharmaceuticals, animal feed, and food and drinks. They are enzymes that convert carbohydrates like fructose and glucose into sugar syrup and are widely used in the pharmaceutical, food, and beverage industries. On the other hand, proteases are also experiencing a rise in the industrial enzymes market share. It is commonly used in food, pharmaceutical, detergent, animal feed, chemical, and photography industries for breaking down proteins.
Detergent formulations commonly use lipases and proteases, making them a critical application in the industrial enzyme market
By application, the global industrial enzymes market report is fragmented into Food & Beverages, Detergents, Animal Feed, Biofuels, Textiles, Personal Care & Cosmetics, Agriculture, and Others. The detergents are projected to become a substantial application segment in the market. Protease enzymes are most commonly found in laundry detergents. They assist in removing protein stains such as grass, blood, eggs, and human sweat. Lipases are also widely used to remove greasy stains such as salad oil, frying fats, butter, lipstick, difficult stains on collars and cuffs, and sauces. However, the demand for biofuels is also expected to rise because of the depletion of fossil fuels and the need for green alternatives.
The microorganism source segment is anticipated to experience substantial growth in the industrial enzyme market share
The global industrial enzymes market share is segmented by source into Microorganisms, Plants, and Animals. The microorganism source segment is expected to grow significantly during the forecast period. There are three types of microorganism-based enzymes: bacterial, fungal, and yeast. Industrial enzymes obtained from mushrooms consists of phenol oxidases, esterases, and hydrolases. Bacillus is the general origin of bacterial enzymes. The bulk of industrial enzymes are used in detergents, pharmaceuticals, and the food and beverage industries. Fungal enzymes have a wide range of applications and are employed in the manufacturing and preparing various foods, like beer, soy sauce, dairy products, processed fruits, and baked goods.
North America is expected to grow significantly and lead the global industrial enzymes market
By countries, the global industrial enzymes market share is divided into North America (United States and Canada), Europe (France, Germany, Italy, Spain, United Kingdom, Belgium, Netherlands, Turkey), Asia Pacific (China, Japan, India, Australia, South Korea, Thailand, Malaysia, Indonesia, New Zealand), Latin America (Brazil, Mexico, Argentina), Middle East & Africa (South Africa, Saudi Arabia, and the United Arab Emirates). North America dominated with the highest share in the global industrial enzyme market. This is attributable to the strong presence of various end-use businesses in the food and beverage, laundry detergent, pharmaceuticals, and personal care and cosmetics sectors, along with the high scope for R&D activities in essential countries in the area. For instance, technological advancements help source genetically modified organism strains from microorganisms, improving food items' efficiency through food enzymes.
Key Players
BASF SE, Advanced Enzyme Technologies, Novozymes, DuPont Danisco, DSM, Kerry Group PLC, Dyadic International Inc., and Associated British Foods Plc are leading global industrial enzymes market report companies.
In January 2023 - Novozymes declared its investment in Lyras' microbial control technology, aimed at reducing downtime, increasing efficiency, and saving costs.
In August 2022 - BASF sold its BASF Nutrilife baking enzymes business to Lallemand Inc., an enzyme manufacturer with a unique product portfolio that includes yeast and bacteria technology platforms.
Renub Research report titled "Global Industrial Enzymes Market By Types (Carbohydrase, Proteases, Lipases, Polymerases & Nucleases, and Others), Applications (Food & Beverages, Detergents, Animal Feed, Biofuels, Textiles, Personal Care & Cosmetics, Agriculture, and Others), Sources (Microorganisms, Plants, and Animals), Countries (North America (United States and Canada), Europe (France, Germany, Italy, Spain, United Kingdom, Belgium, Netherlands, Turkey), Asia Pacific (China, Japan, India, South Korea, Thailand, Malaysia, Indonesia, Australia, New Zealand), Latin America (Brazil, Mexico, Argentina), Middle East & Africa (Saudi Arabia, the United Arab Emirates, and South Africa)), Company Analysis (BASF SE, Advanced Enzyme Technologies, Novozymes, DuPont Danisco, DSM, Kerry Group PLC, Dyadic International Inc., and Associated British Foods Plc)" provides a complete study of Global Industrial Enzymes Industry.
Types - Global Industrial Enzymes Market breakup in 5 viewpoints:
1. Carbohydrase
2. Proteases
3. Lipases
4. Polymerases & Nucleases
5. Others
Application - Global Industrial Enzymes Market breakup in 8 viewpoints:
1. Food & Beverages
2. Detergents
3. Animal Feed
4. Biofuels
5. Textiles
6. Personal Care & Cosmetics
7. Agriculture
8. Others
Sources - Global Industrial Enzymes Market breakup in 3 viewpoints:
1. Microorganisms
2. Plants
3. Animals
Countries - Global Industrial Enzymes Market breakup in 25 viewpoints:
1. North America
- 1.1 United States
- 1.2 Canada
2. Europe
- 2.1 France
- 2.2 Germany
- 2.3 Italy
- 2.4 Spain
- 2.5 United Kingdom
- 2.6 Belgium
- 2.7 Netherlands
- 2.8 Turkey
3. Asia Pacific
- 3.1 China
- 3.2 Japan
- 3.3 India
- 3.4 South Korea
- 3.5 Thailand
- 3.6 Malaysia
- 3.7 Indonesia
- 3.8 Australia
- 3.9 New Zealand
4. Latin America
- 4.1 Brazil
- 4.2 Mexico
- 4.3 Argentina
5. Middle East & Africa
- 5.1 Saudi Arabia
- 5.2 United Arab Emirates
- 5.3 South Africa
All the Key players have been covered from 3 Viewpoints:
- Overview
- Recent Developments
- Revenue Analysis
Company Analysis:
1. BASF SE
2. Advanced Enzyme Technologies
3. Novozymes
4. DuPont Danisco
5. DSM
6. Kerry Group PLC
7. Dyadic International Inc.
8. Associated British Foods Plc
Table of Contents
1. Introduction
2. Research Methodology
3. Executive Summary
4. Market Dynamics
- 4.1 Growth Drivers
- 4.2 Challenges
5. Global Industrial Enzymes Market
6. Market Share - Global Industrial Enzymes Analysis
- 6.1 By Types
- 6.2 By Applications
- 6.3 By Source
- 6.4 By Countries
7. Types - Global Industrial Enzymes Market
- 7.1 Carbohydrase
- 7.2 Proteases
- 7.3 Lipases
- 7.4 Polymerases & Nucleases
- 7.6 Other Types
8. Application - Global Industrial Enzymes Market
- 8.1 Food & Beverages
- 8.2 Detergents
- 8.3 Animal Feed
- 8.4 Biofuels
- 8.5 Textiles
- 8.6 Personal Care & Cosmetics
- 8.7 Agriculture
- 8.8 Others
9. Source - Global Industrial Enzymes Market
- 9.1 Microorganism
- 9.2 Plant
- 9.3 Animal
10. Countries - Global Industrial Enzymes Market
- 10.1 North America
- 10.1.1 United States
- 10.1.2 Canada
- 10.2 Europe
- 10.2.1 France
- 10.2.2 Germany
- 10.2.3 Italy
- 10.2.4 Spain
- 10.2.5 United Kingdom
- 10.2.6 Belgium
- 10.2.7 Netherlands
- 10.2.8 Turkey
- 10.3 Asia Pacific
- 10.3.1 China
- 10.3.2 Japan
- 10.3.3 India
- 10.3.4 South Korea
- 10.3.5 Thailand
- 10.3.6 Malaysia
- 10.3.7 Indonesia
- 10.3.8 Australia
- 10.3.9 New Zealand
- 10.4 Latin America
- 10.4.1 Brazil
- 10.4.2 Mexico
- 10.4.3 Argentina
- 10.5 Middle East & Africa
- 10.5.1 Saudi Arabia
- 10.5.2 United Arab Emirates
- 10.5.3 South Africa
11. Porter's Five Forces - Global Industrial Enzymes Market
- 11.1 Bargaining Power of Buyer
- 11.2 Bargaining Power of Supplier
- 11.3 Threat of New Entrants
- 11.4 Rivalry among Existing Competitors
- 11.5 Threat of Substitute Products
12. SWOT Analysis - Global Industrial Enzymes Market
- 12.1 Strengths
- 12.2 Weaknesses
- 12.3 Opportunities
- 12.4 Threats
13. Key Players Analysis
- 13.1 BASF SE
- 13.1.1 Overviews
- 13.1.2 Recent Developments
- 13.1.3 Revenues
- 13.2 Advanced Enzyme Technologies
- 13.2.1 Overviews
- 13.2.2 Recent Developments
- 13.2.3 Revenues
- 13.3 Novozymes
- 13.3.1 Overviews
- 13.3.2 Recent Developments
- 13.3.3 Revenues
- 13.4 DuPont Danisco
- 13.4.1 Overviews
- 13.4.2 Recent Developments
- 13.4.3 Revenues
- 13.5 DSM
- 13.5.1 Overviews
- 13.5.2 Recent Developments
- 13.5.3 Revenues
- 13.6 Kerry Group PLC
- 13.6.1 Overviews
- 13.6.2 Recent Developments
- 13.6.3 Revenues
- 13.7 Dyadic International Inc.
- 13.7.1 Overviews
- 13.7.2 Recent Developments
- 13.7.3 Revenues
- 13.8 Associated British Foods Plc
- 13.8.1 Overviews
- 13.8.2 Recent Developments
- 13.8.3 Revenues
List of Figures
- Figure-01: Global - Industrial Enzymes Market (Billion US$), 2019 - 2023
- Figure-02: Global - Forecast for Industrial Enzymes Market (Billion US$), 2024 - 2030
- Figure-03: Types - Carbohydrase Market (Million US$), 2019 - 2023
- Figure-04: Types - Forecast for Carbohydrase Market (Million US$), 2024 - 2030
- Figure-05: Types - Proteases Market (Million US$), 2019 - 2023
- Figure-06: Types - Forecast for Proteases Market (Million US$), 2024 - 2030
- Figure-07: Types - Lipases Market (Million US$), 2019 - 2023
- Figure-08: Types - Forecast for Lipases Market (Million US$), 2024 - 2030
- Figure-09: Types - Polymerases & Nucleases Market (Million US$), 2019 - 2023
- Figure-10: Types - Forecast for Polymerases & Nucleases Market (Million US$), 2024 - 2030
- Figure-11: Types - Other Types Market (Million US$), 2019 - 2023
- Figure-12: Types - Forecast for Other Types Market (Million US$), 2024 - 2030
- Figure-13: Application - Food & Beverages Market (Million US$), 2019 - 2023
- Figure-14: Application - Forecast for Food & Beverages Market (Million US$), 2024 - 2030
- Figure-15: Application - Detergents Market (Million US$), 2019 - 2023
- Figure-16: Application - Forecast for Detergents Market (Million US$), 2024 - 2030
- Figure-17: Application - Animal Feed Market (Million US$), 2019 - 2023
- Figure-18: Application - Forecast for Animal Feed Market (Million US$), 2024 - 2030
- Figure-19: Application - Biofuels Market (Million US$), 2019 - 2023
- Figure-20: Application - Forecast for Biofuels Market (Million US$), 2024 - 2030
- Figure-21: Application - Textiles Market (Million US$), 2019 - 2023
- Figure-22: Application - Forecast for Textiles Market (Million US$), 2024 - 2030
- Figure-23: Application - Personal Care & Cosmetics Market (Million US$), 2019 - 2023
- Figure-24: Application - Forecast for Personal Care & Cosmetics Market (Million US$), 2024 - 2030
- Figure-25: Application - Agriculture Market (Million US$), 2019 - 2023
- Figure-26: Application - Forecast for Agriculture Market (Million US$), 2024 - 2030
- Figure-27: Application - Others Market (Million US$), 2019 - 2023
- Figure-28: Application - Forecast for Others Market (Million US$), 2024 - 2030
- Figure-29: Source - Microorganism Market (Million US$), 2019 - 2023
- Figure-30: Source - Forecast for Microorganism Market (Million US$), 2024 - 2030
- Figure-31: Source - Plant Market (Million US$), 2019 - 2023
- Figure-32: Source - Forecast for Plant Market (Million US$), 2024 - 2030
- Figure-33: Source - Animal Market (Million US$), 2019 - 2023
- Figure-34: Source - Forecast for Animal Market (Million US$), 2024 - 2030
- Figure-35: United States - Industrial Enzymes Market (Million US$), 2019 - 2023
- Figure-36: United States - Forecast for Industrial Enzymes Market (Million US$), 2024 - 2030
- Figure-37: Canada - Industrial Enzymes Market (Million US$), 2019 - 2023
- Figure-38: Canada - Forecast for Industrial Enzymes Market (Million US$), 2024 - 2030
- Figure-39: France - Industrial Enzymes Market (Million US$), 2019 - 2023
- Figure-40: France - Forecast for Industrial Enzymes Market (Million US$), 2024 - 2030
- Figure-41: Germany - Industrial Enzymes Market (Million US$), 2019 - 2023
- Figure-42: Germany - Forecast for Industrial Enzymes Market (Million US$), 2024 - 2030
- Figure-43: Italy - Industrial Enzymes Market (Million US$), 2019 - 2023
- Figure-44: Italy - Forecast for Industrial Enzymes Market (Million US$), 2024 - 2030
- Figure-45: Spain - Industrial Enzymes Market (Million US$), 2019 - 2023
- Figure-46: Spain - Forecast for Industrial Enzymes Market (Million US$), 2024 - 2030
- Figure-47: United Kingdom - Industrial Enzymes Market (Million US$), 2019 - 2023
- Figure-48: United Kingdom - Forecast for Industrial Enzymes Market (Million US$), 2024 - 2030
- Figure-49: Belgium - Industrial Enzymes Market (Million US$), 2019 - 2023
- Figure-50: Belgium - Forecast for Industrial Enzymes Market (Million US$), 2024 - 2030
- Figure-51: Netherlands - Industrial Enzymes Market (Million US$), 2019 - 2023
- Figure-52: Netherlands - Forecast for Industrial Enzymes Market (Million US$), 2024 - 2030
- Figure-53: Turkey - Industrial Enzymes Market (Million US$), 2019 - 2023
- Figure-54: Turkey - Forecast for Industrial Enzymes Market (Million US$), 2024 - 2030
- Figure-55: China - Industrial Enzymes Market (Million US$), 2019 - 2023
- Figure-56: China - Forecast for Industrial Enzymes Market (Million US$), 2024 - 2030
- Figure-57: Japan - Industrial Enzymes Market (Million US$), 2019 - 2023
- Figure-58: Japan - Forecast for Industrial Enzymes Market (Million US$), 2024 - 2030
- Figure-59: India - Industrial Enzymes Market (Million US$), 2019 - 2023
- Figure-60: India - Forecast for Industrial Enzymes Market (Million US$), 2024 - 2030
- Figure-61: South Korea - Industrial Enzymes Market (Million US$), 2019 - 2023
- Figure-62: South Korea - Forecast for Industrial Enzymes Market (Million US$), 2024 - 2030
- Figure-63: Thailand - Industrial Enzymes Market (Million US$), 2019 - 2023
- Figure-64: Thailand - Forecast for Industrial Enzymes Market (Million US$), 2024 - 2030
- Figure-65: Malaysia - Industrial Enzymes Market (Million US$), 2019 - 2023
- Figure-66: Malaysia - Forecast for Industrial Enzymes Market (Million US$), 2024 - 2030
- Figure-67: Indonesia - Industrial Enzymes Market (Million US$), 2019 - 2023
- Figure-68: Indonesia - Forecast for Industrial Enzymes Market (Million US$), 2024 - 2030
- Figure-69: Australia - Industrial Enzymes Market (Million US$), 2019 - 2023
- Figure-70: Australia - Forecast for Industrial Enzymes Market (Million US$), 2024 - 2030
- Figure-71: New Zealand - Industrial Enzymes Market (Million US$), 2019 - 2023
- Figure-72: New Zealand - Forecast for Industrial Enzymes Market (Million US$), 2024 - 2030
- Figure-73: Brazil - Industrial Enzymes Market (Million US$), 2019 - 2023
- Figure-74: Brazil - Forecast for Industrial Enzymes Market (Million US$), 2024 - 2030
- Figure-75: Mexico - Industrial Enzymes Market (Million US$), 2019 - 2023
- Figure-76: Mexico - Forecast for Industrial Enzymes Market (Million US$), 2024 - 2030
- Figure-77: Argentina - Industrial Enzymes Market (Million US$), 2019 - 2023
- Figure-78: Argentina - Forecast for Industrial Enzymes Market (Million US$), 2024 - 2030
- Figure-79: Saudi Arabia - Industrial Enzymes Market (Million US$), 2019 - 2023
- Figure-80: Saudi Arabia - Forecast for Industrial Enzymes Market (Million US$), 2024 - 2030
- Figure-81: United Arab Emirates - Industrial Enzymes Market (Million US$), 2019 - 2023
- Figure-82: United Arab Emirates - Forecast for Industrial Enzymes Market (Million US$), 2024 - 2030
- Figure-83: South Africa - Industrial Enzymes Market (Million US$), 2019 - 2023
- Figure-84: South Africa - Forecast for Industrial Enzymes Market (Million US$), 2024 - 2030
- Figure-85: BASF SE - Global Revenue (Million US$), 2019 - 2023
- Figure-86: BASF SE - Forecast for Global Revenue (Million US$), 2024 - 2030
- Figure-87: Advanced Enzyme Technologies - Global Revenue (Million US$), 2019 - 2023
- Figure-88: Advanced Enzyme Technologies - Forecast for Global Revenue (Million US$), 2024 - 2030
- Figure-89: Novozymes - Global Revenue (Million US$), 2019 - 2023
- Figure-90: Novozymes - Forecast for Global Revenue (Million US$), 2024 - 2030
- Figure-91: DuPont Danisco - Global Revenue (Million US$), 2019 - 2023
- Figure-92: DuPont Danisco - Forecast for Global Revenue (Million US$), 2024 - 2030
- Figure-93: DSM - Global Revenue (Million US$), 2019 - 2023
- Figure-94: DSM - Forecast for Global Revenue (Million US$), 2024 - 2030
- Figure-95: Kerry Group PLC - Global Revenue (Million US$), 2019 - 2023
- Figure-96: Kerry Group PLC - Forecast for Global Revenue (Million US$), 2024 - 2030
- Figure-97: Dyadic International Inc. - Global Revenue (Million US$), 2019 - 2023
- Figure-98: Dyadic International Inc. - Forecast for Global Revenue (Million US$), 2024 - 2030
- Figure-99: Associated British Foods Plc - Global Revenue (Million US$), 2019 - 2023
- Figure-100: Associated British Foods Plc - Forecast for Global Revenue (Million US$), 2024 - 2030
List of Tables
- Table-01: Global - Industrial Enzymes Market Share by Types (Percent), 2019 - 2023
- Table-02: Global - Forecast for Industrial Enzymes Market Share by Types (Percent), 2024 - 2030
- Table-03: Global - Industrial Enzymes Market Share by Application (Percent), 2019 - 2023
- Table-04: Global - Forecast for Industrial Enzymes Market Share by Application (Percent), 2024 - 2030
- Table-05: Global - Industrial Enzymes Market Share by Source (Percent), 2019 - 2023
- Table-06: Global - Forecast for Industrial Enzymes Market Share by Source (Percent), 2024 - 2030
- Table-07: Global - Industrial Enzymes Market Share by Countries (Percent), 2019 - 2023
- Table-08: Global - Forecast for Industrial Enzymes Market Share by Countries (Percent), 2024 - 2030
