Industrial Enzymes Market - Growth, Trends, and Forecast (2020 - 2025)

The Market is Segmented by Type (Carbohydrases, Proteases, Lipases, and Others), by Application (Food Processing, Animal Feed, Healthcare, Textiles, Leather Processing, Detergents and Cleaners, Bio-Fuel, and Others) and Geography (Asia-Pacific, North America, Europe, South America, and Middle East & Africa)

Market Snapshot

Study Period:

2016-2025

Base Year:

2019

Fastest Growing Market:

Asia Pacific

Largest Market:

North America

CAGR:

6 %

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Market Overview

The market for industrial enzymes is expected to expand at a CAGR of more than 6% during the forecast period. Major factors driving the market are the growing diversity in enzyme applications and niche products and stringent environmental norms curbing the use of chemicals. However, competition for raw materials with other industries and price volatility are likely to hinder the growth of the market studied.

  • Carbohydrases industrial enzymes dominated the market and are expected to grow at a healthy rate during the forecast period, due to their increasing usage in food and beverages.
  • New product innovations and expansions of application bases are anticipated to provide numerous opportunities over the forecast period.
  • North America dominated the market, with the largest consumption, but Asia-Pacific is likely to register the highest CAGR through the forecast period.

Scope of the Report

The global industrial enzymes market report includes:

Type
Carbohydrases
Amylases
Glucanases
Cellulases
Other Carbohydrases
Proteases
Trypsins (API and Non-API)
Other Proteases
Lipases
Others
Application
Food Processing
Animal Feed
Healthcare
Textiles
Leather Processing
Detergents and Cleaners
Bio-Fuel
Other
Geography
Asia-Pacific
China
India
Japan
South Korea
Australia & New Zealand
Rest of Asia-Pacific
North America
United States
Canada
Mexico
Rest of North America
Europe
Germany
United Kingdom
France
Italy
Spain
Russia
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
South Africa
United Arab Emirates
Rest of Middle East & Africa

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Key Market Trends

Growing demand from Food Processing to Propel the Market Growth

  • Food processing dominates the industrial enzymes market with a total share of more than 35%. This is the fastest growing application segment, mainly supported by the ever-growing global population and its increasing purchasing power. Health awareness is also a factor for people‘s increasing demand for food quality, safer production processing, and improved nutritional value. 
  • The increasing demand for higher quality foods in terms of natural flavor and taste has become a common trend among present consumers. This trend triggered the need for the development of flavored and tasty processed foods using industrial enzymes applications. These enzymes act as catalysts by playing important roles in  the breaking down of vitamins and nutrients in the metabolic reactions and inter-conversion of complex molecules to smaller molecules. 
  • Food enzymes, such as amylase, cellulase, xylanase, pectinase, protease, lipase, glucosyltransferase, arabinanase, polygalacturonanace, chymosin, and beta-glucanase among others, have become an essential part of the global food additives industry.
  • With the increased innovation and development of technologies in the food industry, industrial enzymes have found extensive application in he fat modification and sweetener technology, thereby driving the industrial enzymes market.

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North America Dominates the Market

North America has the highest share, accounting for around 36% of the global market. United States occupies the top position in the global industrial enzymes market. The high consumption in the United States industries is correlated with awareness regarding green technologies addressing environmental issues, enhanced productivity, and better product value, thus leading to growth in research and development sector, as well as in industries using enzymes. One of the major factors driving the growth of the United States industrial enzymes market is the increasing use of enzymes in the food and beverage industry, which in turn will propel the marke in the region.

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Competitive Landscape

The market studied is dominated by the top five players, namely, Novozymes, DuPont, Royal DSM, AB Enzymes, and BASF, accounting for about 75% of the total market. Other recognized players in the market are Amano Enzymes, Biocatalysts, BioResource International Inc., Chr. Hansen Holding AS, Enzyme Development Corporation, Lesaffre, and others.

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Table Of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Drivers

      1. 4.1.1 Growing Diversity in Enzyme Applications and Niche Products

      2. 4.1.2 Stringent Environmental Norms Curbing the Usage of Chemicals

    2. 4.2 Restraints

      1. 4.2.1 Restricted Temperature and pH Levels of Enzymes

      2. 4.2.2 Competition for Raw Materials with Other Industries and Price Volatility

    3. 4.3 Industry Value-Chain Analysis

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Bargaining Power of Suppliers

      2. 4.4.2 Bargaining Power of Consumers

      3. 4.4.3 Threat of New Entrants

      4. 4.4.4 Threat of Substitute Products and Services

      5. 4.4.5 Degree of Competition

  5. 5. MARKET SEGMENTATION

    1. 5.1 Type

      1. 5.1.1 Carbohydrases

        1. 5.1.1.1 Amylases

        2. 5.1.1.2 Glucanases

        3. 5.1.1.3 Cellulases

        4. 5.1.1.4 Other Carbohydrases

      2. 5.1.2 Proteases

        1. 5.1.2.1 Trypsins (API and Non-API)

        2. 5.1.2.2 Other Proteases

      3. 5.1.3 Lipases

      4. 5.1.4 Others

    2. 5.2 Application

      1. 5.2.1 Food Processing

      2. 5.2.2 Animal Feed

      3. 5.2.3 Healthcare

      4. 5.2.4 Textiles

      5. 5.2.5 Leather Processing

      6. 5.2.6 Detergents and Cleaners

      7. 5.2.7 Bio-Fuel

      8. 5.2.8 Other

    3. 5.3 Geography

      1. 5.3.1 Asia-Pacific

        1. 5.3.1.1 China

        2. 5.3.1.2 India

        3. 5.3.1.3 Japan

        4. 5.3.1.4 South Korea

        5. 5.3.1.5 Australia & New Zealand

        6. 5.3.1.6 Rest of Asia-Pacific

      2. 5.3.2 North America

        1. 5.3.2.1 United States

        2. 5.3.2.2 Canada

        3. 5.3.2.3 Mexico

        4. 5.3.2.4 Rest of North America

      3. 5.3.3 Europe

        1. 5.3.3.1 Germany

        2. 5.3.3.2 United Kingdom

        3. 5.3.3.3 France

        4. 5.3.3.4 Italy

        5. 5.3.3.5 Spain

        6. 5.3.3.6 Russia

        7. 5.3.3.7 Rest of Europe

      4. 5.3.4 South America

        1. 5.3.4.1 Brazil

        2. 5.3.4.2 Argentina

        3. 5.3.4.3 Rest of South America

      5. 5.3.5 Middle East & Africa

        1. 5.3.5.1 South Africa

        2. 5.3.5.2 United Arab Emirates

        3. 5.3.5.3 Rest of Middle East & Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 6.2 Market Ranking Analysis

    3. 6.3 Strategies Adopted by Leading Players

    4. 6.4 Company Profiles

      1. 6.4.1 Manufacturers

        1. 6.4.1.1 AB Enzymes

        2. 6.4.1.2 Advanced Enzyme Technologies

        3. 6.4.1.3 Amano Enzyme Inc.

        4. 6.4.1.4 BASF SE

        5. 6.4.1.5 Biocatalysts

        6. 6.4.1.6 BioResource International, Inc.

        7. 6.4.1.7 Chr. Hansen Holding AS

        8. 6.4.1.8 DuPont

        9. 6.4.1.9 DSM

        10. 6.4.1.10 Enzyme Development Corporation

        11. 6.4.1.11 Lesaffre

        12. 6.4.1.12 Novozymes

      2. 6.4.2 End-user

        1. 6.4.2.1 Abbott Nutrition

        2. 6.4.2.2 BioMereux

        3. 6.4.2.3 Danone S.A.

        4. 6.4.2.4 Fonterra Co-operative Group

        5. 6.4.2.5 Kerry Group plc

  7. *List Not Exhaustive
  8. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

** Subject to Availability

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