Enzymes Market

Global Enzymes Market by Products (Protease [Trypsins {API and Non-API}, and Others], Carbohydrase [Amylases, Glucanases, Cellulases, and Others], Lipase, Polymerase and Nuclease, and Others), Sources (Microorganisms, Plants, and Animals), Reactions (Hydrolase, Oxidoreductase, Transferase, Lyase, and Others), Applications (Industrial Enzymes [Food & Beverages, Detergents, Animal Feed, Biofuels, Textiles, Pulp & Paper, Nutraceutical, Personal Care & Cosmetics, Wastewater, and Others], and Specialty Enzymes [Pharmaceutical, Research & Biotechnology, Diagnostics, and Biocatalysts]), and Regions (Asia Pacific, North America, Europe, Latin America, and Middle East & Africa) Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: HC-2956
  • Author: Growth Market Reports
  • Rating: 4.8
  • Total Reviews: 2
  • No. Of Pages: 172
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  • Pub. Date: Upcoming
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The global enzymes market size is anticipated to expand at substantial CAGR of 6.5% and is projected to reach USD 14,507.6 million during the forecast period, between 2021 and 2028. Enzymes are proteins that help in speeding up metabolism, or chemical reaction in bodies of humans, plants, as well as animals. All living organisms produce enzymes by themselves. Additionally, enzymes are found in manufactured food and products. Enzymes are used in various industries such as agriculture, cosmetics, food, and pharmaceutical industries for the purpose of controlling and speed up reactions in order to quickly and accurately obtain valuable final products. Enzymes are majorly used in the production of cheese, baking bread, brewing beer, extracting fruit juices, tanning leather, and in other production processes.  

Enzymes Market by taxonomy

Market Trends, Drivers, Restraints, and Opportunities:

  • Rising awareness and trend of healthy and nutritional food is boosting the market.
  • Increasing demand for processed food and improving food quality in terms of taste and flavors by manufacturers is driving the market.
  • Food processing platforms that offer a reduction in waste, resulting in high energy savings in the enzyme manufacturing processes are fueling the market.
  • Competition among manufacturers associated with raw material and product pricing is hindering market growth.
  • Stringent rules and regulations, restricted pH level, and temperature for production of enzymes are hampering the market growth.
  • Continuous expansion in the use of enzymes among emerging applications and growing demand for nutraceutical products are creating opportunities in the market.
  • Technological advancements and innovations with eco-friendly manufacturing processes help to create opportunities for market growth. 

Scope of the report:

The report on the global enzymes market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.

Attributes

Details

Report Title

Enzymes Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Products (Protease [Trypsins {API and Non-API}, and Others], Carbohydrase [Amylases, Glucanases, Cellulases, and Others], Lipase, Polymerase and Nuclease, and Others), Sources (Microorganisms, Plants, and Animals), Reactions (Hydrolase, Oxidoreductase, Transferase, Lyase, and Others), Applications (Industrial Enzymes [Food & Beverages, Detergents, Animal Feed, Biofuels, Textiles, Pulp & Paper, Nutraceutical, Personal Care & Cosmetics, Wastewater, and Others], and Specialty Enzymes [Pharmaceutical, Research & Biotechnology, Diagnostics, and Biocatalysts])

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

AB Enzymes, Advanced Enzyme Technologies, Amano Enzyme Inc, BASF SE, BBI Solutions, Biocatalysts, BioResource International, Inc, Chr. Hansen Holding A/S, Codexis, DuPont, Enzyme Development Corporation, and Novazymes

Enzymes Market Segment Insights:

Multiple uses of carbohydrase to drive the market

In terms of products, the enzymes market is segmented into protease [trypsins (API and non-API), and others, carbohydras, lipase, polymerase and nuclease, and others. The carbohydrase is further segmented into amylases, glucanases, cellulases, and others. The others segment is further split into pectinases, lactases, mannanases, and pullulanases. The carbohydrase segment held a large share of the market in 2020 and is expected to continue to grow in the forecast period, due to its increasing usage for producing sugar and other food products as well as in detergents. The sugar is further processed to form sugar syrups (which include glucose and fructose) for use in food & beverage and pharmaceutical industries. Carbohydras is used to produce artificial sweeteners such as isomaltulose found in wine, juices, and prebiotic products. Apart from this, the other uses of carbohydras include animal feed, paper, textile, and biofuel, which are helping the segment to grow.

Plant segment to drive the market

On the basis of sources, the enzymes market is segregated into microorganisms, plants, and animals. The plants segment held an extensive share of the market in 2020 and is estimated to grow in the forecast period. The growth in the plant segment is attributed to emergence of advanced purification technologies. Moreover, plant sources require less investment for producing enzymes as compared to microorganisms and animal sources, which is expected to boost the segment during the forecast period.

Transferase segment to drive the market

In terms of reactions, the enzymes market is segregated into hydrolase, oxidoreductase, transferase, lyase, and others. The transferase segment is anticipated to grow, due to its transferring property. Transferase transfers one substrate to another substrate such as acetyl, methyl, amino, and phosphoryl groups. Moreover, transferase enzymes are involved in fructose (fructose polymer) production as food ingredients, which is beneficial for gut bacteria. These enzymes help in biosynthesis of oligosaccharides, glycoconjugates, and polysaccharides, which help the segment to grow in the anticipated time period.

Multiple applications of specialty enzymes to drive the market

Based on applications, the enzymes market is fragmented into industrial enzymes (including food & beverages, detergents, animal feed, biofuels, textiles, pulp & paper, nutraceutical, personal care & cosmetics, wastewater, and others), and specialty enzymes (including pharmaceutical, research & biotechnology, diagnostics, and biocatalysts). The specialty enzymes segment constituted a significant market share in 2020 and is projected to expand at a rapid rate during the forecast period. Growth of the specialty enzymes segment is associated with growing demand and adoption of products containing enzymes over petrochemicals that are hazardous to environment. Pharmaceutical and biotechnology are the fastest growing sub-segments in the specialty enzymes segment, due to increasing use of these enzymes in drug formulation and API synthesis for treating diseases such as AIDS and cancer. Various research and development activities are helping the market to grow in the near future.

North America projected to grow at a significant rate in the forecasted period

In terms of regions, the enzymes market is split into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America constituted a significant share of the market in 2020, due to mergers and acquisitions conducted by key market players. The market in North America is projected to expand at a significant CAGR during the forecast period, due to the presence of large players in the market, ongoing research and development activities in the region, and increasing initiatives and support by governments in promoting biofuel production such as cellulosic biofuel, biodiesel, and advanced biofuel.

Enzymes Market by regions

Segments

By Products

  • Protease [Trypsins (API and Non-API), and Others
  • Carbohydrase (Amylases, Glucanases, Cellulases, and Others)
  • Lipase
  • Polymerase and Nuclease
  • Other Types

By Sources

  • Microorganisms
  • Plants
  • Animals

By Reactions

  • Hydrolase
  • Oxidoreductase
  • Transferase
  • Lyase
  • Other Reaction Types

By Applications

  • Industrial Enzymes
    • Food & Beverages
    • Detergents
    • Animal Feed
    • Biofuels
    • Textiles
    • Pulp & Paper
    • Nutraceutical
    • Personal Care & Cosmetics
    • Wastewater
    • Others
  • Specialty Enzymes
    • Pharmaceutical
    • Research & Biotechnology
    • Diagnostics
    • Biocatalysts

By Regions

  • North America
  • Europe
  • Latin America
  • Asia Pacific
  • Middle East & Africa

By Key Players

  • AB Enzymes
  • Advanced Enzyme Technologies
  • Amano Enzyme Inc
  • BASF SE
  • BBI Solutions
  • Biocatalysts
  • BioResource International, Inc
  • Chr. Hansen Holding A/S
  • Codexis
  • DuPont
  • Enzyme Development Corporation
  • Novazymes

Competitive Landscape

Key players in the global enzymes market include AB Enzymes, Advanced Enzyme Technologies, Amano Enzyme Inc, BASF SE, BBI Solutions, Biocatalysts, BioResource International, Inc, Chr. Hansen Holding A/S, Codexis, DuPont, Enzyme Development Corporation, and Novazymes. These players engage in mergers & acquisitions, collaborations, agreements, and partnerships to strengthen their geographical presence.

Enzymes Market by key players

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Enzymes Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Enzymes Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Enzymes Market - Supply Chain
  4.5. Global Enzymes Market Forecast
     4.5.1. Enzymes Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Enzymes Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Enzymes Market Absolute $ Opportunity
5. Global Enzymes Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Enzymes Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Enzymes Demand Share Forecast, 2019-2026
6. North America Enzymes Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Enzymes Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Enzymes Demand Share Forecast, 2019-2026
7. Latin America Enzymes Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Enzymes Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Enzymes Demand Share Forecast, 2019-2026
8. Europe Enzymes Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Enzymes Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Enzymes Demand Share Forecast, 2019-2026
9. Asia Pacific Enzymes Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Enzymes Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Enzymes Demand Share Forecast, 2019-2026
10. Middle East & Africa Enzymes Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Enzymes Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Enzymes Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Enzymes Market: Market Share Analysis
  11.2. Enzymes Distributors and Customers
  11.3. Enzymes Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. AB Enzymes
     11.4.2. Advanced Enzyme Technologies
     11.4.3. Amano Enzyme Inc
     11.4.4. BASF SE
     11.4.5. BBI Solutions
     11.4.6. Biocatalysts
     11.4.7. BioResource International, Inc
     11.4.8. Chr. Hansen

By Products

  • Protease [Trypsins (API and Non-API), and Others
  • Carbohydrase (Amylases, Glucanases, Cellulases, and Others)
  • Lipase
  • Polymerase and Nuclease
  • Other Types

By Sources

  • Microorganisms
  • Plants
  • Animals

By Reactions

  • Hydrolase
  • Oxidoreductase
  • Transferase
  • Lyase
  • Other Reaction Types

By Applications

  • Industrial Enzymes
    • Food & Beverages
    • Detergents
    • Animal Feed
    • Biofuels
    • Textiles
    • Pulp & Paper
    • Nutraceutical
    • Personal Care & Cosmetics
    • Wastewater
    • Others
  • Specialty Enzymes
    • Pharmaceutical
    • Research & Biotechnology
    • Diagnostics
    • Biocatalysts

By Regions

  • North America
  • Europe
  • Latin America
  • Asia Pacific
  • Middle East & Africa

By Key Players

  • AB Enzymes
  • Advanced Enzyme Technologies
  • Amano Enzyme Inc
  • BASF SE
  • BBI Solutions
  • Biocatalysts
  • BioResource International, Inc
  • Chr. Hansen Holding A/S
  • Codexis
  • DuPont
  • Enzyme Development Corporation
  • Novazymes

Key players in the global enzymes market include AB Enzymes, Advanced Enzyme Technologies, Amano Enzyme Inc, BASF SE, BBI Solutions, Biocatalysts, BioResource International, Inc, Chr. Hansen Holding A/S, Codexis, DuPont, Enzyme Development Corporation, and Novazymes. These players engage in mergers & acquisitions, collaborations, agreements, and partnerships to strengthen their geographical presence.

Enzymes Market by key players

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