Proteases Market Size, Share, Industry & Opportunities 2031

Segments - Proteases Market by Applications (Healthcare, Animal Feed, Food & Beverage [Bakery, Dairy, Beverages, Poultry, Infant Formula, and Meat], and Others), Sources (Microbial [Neutral Protease, Acid Protease, and Alkaline Protease], Plants [Bromelain, Papain, and Others], and Animals [Pepsin, Renin, Trypsin, and Others]), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

Author : Riddhesh Dani

Fact-checked by : Harneet Meher

Editor : Shruti Bhat

Report Description

The global proteases market size is expected to expand at a CAGR of 5.9% during the forecast period, 2021–2028. The growth of the market is attributed to the rising demand of proteases in diverse sectors.

Proteases, generally known as peptidases, are the most common types of enzyme and have its wide applications in a variety of sectors particularly in food, detergents, and pharmaceuticals. Protease enzymes come in a variety of forms and aids in the reduction of food manufacturing costs as well as improving the digestibility of some meals. Protease comes from three different types of sources namely animal, plant, and microbial as it accounts for over 60% of the global enzyme market. Pepsin, trypsin, and renin are key types of animal-derived enzymes and the plant-derived enzymes include bromelain, papain, and others. The microbial enzymes include acid protease, alkaline protease, and neutral protease. These enzymes are widely utilized in a variety of applications including bakery, dairy, meat, beverages, poultry, and infant formula as they are among the most valuable commercial enzymes.

The COVID-19 pandemic outbreak has made aware among a large number of the global population regarding the need of healthy, safe, and nutritious eating products. Thus, the pandemic is projected to have a substantial influence on the rising demand for food enzymes. However, food ingredient producers have been dealing with substantial hurdles as a result of the COVID-19 spread.

Market Trends, Drivers, Restraints, and Opportunities

Increasing demand for food enzymes due to rising awareness regarding its non-toxic and non-pathogenic properties is a key factor that drives the market.
Rising demand for the processed food due to change in taste preferences of consumers is likely to propel the market during the forecast period.
Growing middle-class population along with their changing lifestyle and rising disposable incomes are another key factors boosting the market.
Thermal agitations of the food and varying pH reduces the enzyme activity. This is a major challenge that can hamper the market expansion.
Various technology licensors enable small-scale producers to develop programmable enzymes that can be scaled up to generate huge quantities. This is a key factor that creates lucrative opportunities for the market growth.

Scope of the Report

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

Attributes	Details
Report Title	Proteases Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2020
Historic Data	2018–2019
Forecast Period	2021–2028
Segmentation	Applications (Healthcare, Animal Feed, Food & Beverage [Bakery, Dairy, Beverages, Poultry, Infant Formula, and Meat], and Others), and Sources (Microbial [Neutral Protease, Acid Protease, and Alkaline Protease], Plants [Bromelain, Papain, and Others], and Animals [Pepsin, Renin, Trypsin, and Others])
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	Merck KGaA; Advanced Enzyme Technologies; Novozymes A/S; Koninklijke DSM N.V.; and E. I. Du Pont De Nemours and Company

Market Segment Insights

Food & beverage segment to expand at a considerable CAGR

On the basis of applications, the proteases market is segmented into healthcare, animal feed, food & beverage and others. The food & beverages segment is further classified as bakery, dairy, beverages, poultry, infant formula, and meat. The food & beverage segment is projected to expand at a considerable CAGR during the forecast period owing to escalating use of enzymes in various food products. End-product freshness is increased by using food enzymes, which not only extending the shelf life of convenience foods but also keeping their flavor, color, and texture intact. On the other hand, the healthcare segment is anticipated to account for a major market share during the forecast period owing to wide use of protease in the manufacturing of the enzyme-based drugs for the treatment of especially cardiovascular disorders.

Microbial segment to hold a significant share of the market

In terms of sources, the market is divided into microbial, plants, and animals. The microbial segment is further categorized as neutral protease, acid protease, and alkaline protease. The plants segment is further fragmented into bromelain, papain, and others. The animals segment is sub-segregated as pepsin, renin, trypsin, and others. The microbial segment is expected to hold a significant share of the market during the forecast period owing to the increasing demand from manufacturers since it is financially feasible and aids in yield enhancement.

Asia Pacific is anticipated to constitute a key market share

In terms of regions, the proteases market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific is expected to constitute a key share of the market during the projected period owing to rising demand for processed food and animal feed, as well as a wide range of enzyme applications including protease in the processed food sector. However, the market of North America is anticipated to expand at a rapid pace during the forecast period due to an increase in the number of regulatory approvals for enzyme-based treatments and therapies. The increased frequency of cardiovascular and orthopedic illnesses among a large number of the population in the region presents another key driver of the regional market.

Segments

The global proteases market has been segmented on the basis of

Applications

Healthcare
Animal Feed
Food & Beverage
- Bakery
- Dairy
- Beverages
- Poultry
- Infant Formula
- Meat
Others

Sources

Microbial
- Neutral Protease
- Acid Protease
- Alkaline Protease
Plant
- Bromelain
- Papain
- Others
Animal
- Pepsin
- Renin
- Trypsin
- Others

Regions

Asia Pacific
North America
Latin America
Europe
Middle East & Africa

Key Players

Merck KGaA
Advanced Enzyme Technologies
Novozymes A/S
Koninklijke DSM N.V.
E. I. Du Pont De Nemours and Company

Competitive Landscape

Key players competing in the global proteases market are Merck KGaA; Advanced Enzyme Technologies; Novozymes A/S; Koninklijke DSM N.V.; and E. I. Du Pont De Nemours and Company.

The worldwide proteases market is becoming more competitive due to wide adoption of business development strategies among key players such as Novozymes, DSM, and DuPont. The businesses relies heavily on acquisitions and mergers as a strategic position to meet the rising needs for nutritious foods. These major companies have been working hard to consolidate the business by leveraging their distribution networks, forming relationships with local distributors, particularly in emerging nations, and inventing new products that can be customized for various end-users.

Proteases Market By Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Proteases 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. Proteases Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Proteases Market - Supply Chain
  4.5. Global Proteases Market Forecast
     4.5.1. Proteases Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Proteases Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Proteases Market Absolute $ Opportunity
5. Global Proteases Market Analysis and Forecast by Applications
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Applications
     5.2.2. Y-o-Y Growth Projections by Applications
  5.3. Proteases Market Size and Volume Forecast by Applications
     5.3.1. Healthcare
     5.3.2. Animal Feed
     5.3.3. Food & Beverage
     5.3.4. Others
  5.4. Absolute $ Opportunity Assessment by Applications
  5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Proteases Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Proteases Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Proteases Demand Share Forecast, 2019-2026
7. North America Proteases 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
  7.2. North America Proteases Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Proteases Market Size and Volume Forecast by Applications
     7.4.1. Healthcare
     7.4.2. Animal Feed
     7.4.3. Food & Beverage
     7.4.4. Others
  7.5. Basis Point Share (BPS) Analysis by Applications
  7.6. Y-o-Y Growth Projections by Applications
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Proteases Demand Share Forecast, 2019-2026
8. Latin America Proteases 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. Latin America Average Pricing Analysis
  8.2. Latin America Proteases Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Proteases Market Size and Volume Forecast by Applications
     8.4.1. Healthcare
     8.4.2. Animal Feed
     8.4.3. Food & Beverage
     8.4.4. Others
  8.5. Basis Point Share (BPS) Analysis by Applications
  8.6. Y-o-Y Growth Projections by Applications
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Proteases Demand Share Forecast, 2019-2026
9. Europe Proteases 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. Europe Average Pricing Analysis
  9.2. Europe Proteases Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Proteases Market Size and Volume Forecast by Applications
     9.4.1. Healthcare
     9.4.2. Animal Feed
     9.4.3. Food & Beverage
     9.4.4. Others
  9.5. Basis Point Share (BPS) Analysis by Applications
  9.6. Y-o-Y Growth Projections by Applications
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Proteases Demand Share Forecast, 2019-2026
10. Asia Pacific Proteases 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. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Proteases Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Proteases Market Size and Volume Forecast by Applications
     10.4.1. Healthcare
     10.4.2. Animal Feed
     10.4.3. Food & Beverage
     10.4.4. Others
  10.5. Basis Point Share (BPS) Analysis by Applications
  10.6. Y-o-Y Growth Projections by Applications
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Proteases Demand Share Forecast, 2019-2026
11. Middle East & Africa Proteases Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Proteases Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Proteases Market Size and Volume Forecast by Applications
     11.4.1. Healthcare
     11.4.2. Animal Feed
     11.4.3. Food & Beverage
     11.4.4. Others
  11.5. Basis Point Share (BPS) Analysis by Applications
  11.6. Y-o-Y Growth Projections by Applications
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Proteases Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Proteases Market: Market Share Analysis
  12.2. Proteases Distributors and Customers
  12.3. Proteases Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Merck KGaA
     12.4.2. Advanced Enzyme Technologies
     12.4.3. Novozymes A/S
     12.4.4. Koninklijke DSM N.V.
     12.4.5. E. I. Du Pont De Nemours and Company