Lipase Market Size

Statistics for the 2023 & 2024 Lipase market size, created by Mordor Intelligence™ Industry Reports. Lipase size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Lipase Industry

Single User License

$4750

Team License

$5250

Corporate License

$8750

Book before:
market snapshot grapgh
Study Period 2019 - 2029
Market Size (2024) USD 448.78 Million
Market Size (2029) USD 645.18 Million
CAGR (2024 - 2029) 7.53 %
Fastest Growing Market Asia Pacific
Largest Market Europe

Major Players

rd-img

*Disclaimer: Major Players sorted in no particular order

setting-icon

Need a report that reflects how COVID-19 has impacted this market and its growth?

Single User License

$4750

Team License

$5250

Corporate License

$8750

Book before:

Lipase Market Analysis

The Lipase Market size is estimated at USD 448.78 million in 2024, and is expected to reach USD 645.18 million by 2029, growing at a CAGR of 7.53% during the forecast period (2024-2029).

  • Lipases are majorly derived from microbial sources, compared to animal sources, due to several features, such as the variety of catalytic activities, high production capacity in a short time, and easy genetic manipulations.
  • The rising awareness among people, about the need for healthy and non-chemical ingredients, is pushing several industries including animal feed to uselipase enzymes.
  • The lack of transparency in the laws and regulations, concerninglipase patentsacross the world, is a primary restraining factor for the market growth.

Lipase Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)