Enzymes Market Size, Share and Growth Analysis Report 2022-2030

The global enzymes market is on the rise. According to research and consulting company, Precedence Research, the market size of enzymes worldwide will hit US$ 20.5 billion by 2030, up from US$ 12.46 billion in 2022. This means a cumulative average growth rate (CAGR) of 6.42% from 2022 to 2030. The report contains 150+ pages with detailed analysis.

The enzymes market is mainly seeing a growth due to increase in the demand for medicines and biotechnological products. The food and beverages industry is also helping the market to propel as a result of the primary action of the enzymes to breakdown complex nutrients. The process of digestion is mainly carried on by the enzyme in the body. Various pharmaceutical companies are doing research and development over the action and uses of enzymes to develop new medicines in order to maintain health.

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Enzymes Market Report Scope

Enzymes Market Report Highlights

• On the basis of type on the market is divided into industrial enzymes and specialty enzymes. These are biological catalysts that help to reduce production time by hastening the chemical reactions that take place. With the increase in organization and industrialization the enzymes market has propelled to new heights.
• On the basis of the product the carbohydrase sector is foreseen to lead the market. In the rapid use of enzymes in the food and beverages industry has helped to increase the demand. The protease segment is another sector which is foreseen to perform satisfactorily.
• On the basis of the source in the market is led by the microorganism’s sector. This sector is foreseen to grow with the growth in demand from the industrial sector and end users. This sector will also show a tremendous growth with the development of the food and beverages industry. These multiple segments all the factors which will drive the market during the forecast period.

Enzymes Market Regional Snapshots

Owing to the rapid urbanization the food and beverages industry is showing a significant growth which in turn benefits the enzyme market. North America is one of the leading markets for the enzymes. Developing nations like India and China are shifting towards fast food owing to the urban lifestyles followed by the people. Europe proves to be another potential market for this industry. Asia Pacific region has also shown a significant growth in the market size during the forecast period.

Enzymes Market Dynamics

Drivers

Enzymes play a major role in breaking down the complex food molecules into the simpler ones which facilitates digestion. The food and beverages industry is providing a potential driving force to the development of the market. The pharmaceutical sector is also pushing the market with its full capacity. Owing to the changing lifestyle and habits in the urban countries the use of enzyme containing drugs has increased tremendously. The pharmaceutical industry performs research on the action of enzymes on the human body and thus produces medicines which can fulfill the action in the body.

It is also an important factor of the laundry and textile industry which has a challenging task of dealing with oil stains. The oil stains are treated with the help of enzymes in the form of chlorine to break down the oil particles and convert it into simpler molecules, hence removing the stain easily. The rise in the number of chronic ailments relating to the digestive system has supported the market to grow during the forecast period.

Also Read: Medical Laser Market Sales to Exceed 15.63 Billion by 2030

Restraints

The factors of handling and packaging have proved to be among the restraining factors for the market. The improper handling of the enzymes leads to waste of raw materials. Improper storage also hampers the pH balance of the enzymes. There is no fixed standardization of the process and quality of the product that has to be maintained which makes it very dicy for the consumers as end users.

Fluctuating standards remain as a restraining factor for the society which will hamper the market growth during the forecast period. The European rules and regulations have given permission regarding the additives in feedstocks which is hampering the quality of the process and hence creating confusion among the manufacturers worldwide. The absence of harmonization in the product thus produced leads to a variation in the quality of the product. These multiple factors act as the restraining factors for the market.

Opportunities

As a result of the huge geriatric population existing worldwide, the number of chronic ailments which require palliative treatment is on a rise. Hence the use of enzymes for the treatment of such chronic ailments proves to be very beneficial. The prevalence of cardiac disorders and lysosomal diseases has propelled the demand for therapeutic drugs prepared from enzymes which prove to be useful for the treatment of such diseases. The rise in the number of cancer patients worldwide has also increased the demand for drugs made from enzymes.

Other chronic ailments related to digestive disorders also helps to boost the market during the forecast period. The rapid change in lifestyle and habits among people residing in the urban areas has increased the risk of cancer which will in turn propel the market for the enzymes industry. These multiple factors will help to boost the revenue for the enzymes market in the near future.

Challenges

Lack of standardization of the process and final products produced has proved to be a challenge for the market growth. This condition leads to a loss of confidence of the consumers in the market growth. The need for harmony is another factor that pulls down the future prospects for the market. The quality of the products is too variable depending upon the handling procedures of the raw materials. This altering the pH values and consistency of the final product. The approval regarding the contamination of the feedstocks has created discrepancies amongst the leading producers in the region of Europe.

Enzymes Market Recent Developments

• IFF and DuPont landed into collaboration with their bioscience business in the month of February 2021, which was previously disclosed too. The entire venture will be headed under the brand name of IFF. The primary objective for this collaboration is the expansion of the IFF business worldwide.
• BASF SE and Sandoz GmbH have joined hands in the month of April 2021. The primary objective of this Novartis subsidary was to invest at the Schaftenau Campur which is located in Austria. BASF SE is aiming to expand its reach universally through this collaboration.

Enzymes Market Key Players

• BASF (Germany)
• DuPont (US)
• Associated British Foods (UK)
• Advanced Enzymes Technologies (India)
• Aumgene Biosciences (India)
• Chr Hansen (Denmark)
• Creative Enzymes (US)
• Enzyme Solutions (US)
• Amano Enzymes (Japan)
• Roche Holding (Switzerland)
• Codexis (US)
• Sanofi (France)
• Merck (Germany)
• Novozymes (Denmark)
• DSM (Netherlands)
• Dyadic International (US)
• Enzyme Supplies (UK),
• Enzymatic Deinking Technologies (US)
• Biocatalysts (UK)

Enzymes Market Segmentation

By Product

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

By Type

• Carbohydrases
• Amylases
• Cellulases
• Proteases
• Lipases
• Polymerases & Nucleases
• Other

By Application

• Food and Beverages
• Meat processing products
• Dairy products
• Beverages
• Bakery & confectionary
• Nutraceuticals
• Other Food & Beverages
• Laundry detergents
• Automatic dishwashing detergents
• Other Detergent Types

By Geography

• North America
  • U.S.
  • Canada
• Europe
  • U.K.
  • Germany
  • France
• Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Malaysia
  • Philippines
• Latin America
  • Brazil
  • Rest of Latin America
• Middle East & Africa (MEA)
  • GCC
  • North Africa
  • South Africa
  • Rest of the Middle East & Africa

Research Methodology

A unique research methodology has been utilized to conduct comprehensive research on the growth of the global enzymes market and arrive at conclusions on the future growth prospects of the market. This research methodology is a combination of primary and secondary research, which helps analysts warrant the accuracy and reliability of the draw conclusions.

Secondary sources referred to by analysts during the production of the global market report include statistics from company annual reports, SEC filings, company websites, World Bank database, investor presentations, regulatory databases, government publications, and industry white papers. Analysts have also interviewed senior managers, product portfolio managers, CEOs, VPs, and market intelligence managers, who contributed to the production of our study on the market as a primary source.

These primary and secondary sources provided exclusive information during interviews, which serves as validation from mattress topper industry leaders. Access to an extensive internal repository and external proprietary databases allows this report to address specific details and questions about the global enzymes market with accuracy. The study also uses the top-down approach to assess the numbers for each segment and the bottom-up approach to counter-validate them. This has helped to estimate the future prospects of the global market more reliable and accurately.

Why should you invest in this report?

If you are aiming to enter the global enzymes market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for enzymes are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2022-2030 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Enzymes Market 

5.1. COVID-19 Landscape: Enzymes Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Enzymes Market, By Product

8.1. Enzymes Market, by Product, 2022-2030

8.1.1. Industrial Enzymes

8.1.1.1. Market Revenue and Forecast (2017-2030)

8.1.2. Specialty Enzymes

8.1.2.1. Market Revenue and Forecast (2017-2030)

Chapter 9. Global Enzymes Market, By Type

9.1. Enzymes Market, by Type, 2022-2030

9.1.1. Carbohydrases

9.1.1.1. Market Revenue and Forecast (2017-2030)

9.1.2. Amylases

9.1.2.1. Market Revenue and Forecast (2017-2030)

9.1.3. Cellulases

9.1.3.1. Market Revenue and Forecast (2017-2030)

9.1.4. Proteases

9.1.4.1. Market Revenue and Forecast (2017-2030)

9.1.5. Lipases

9.1.5.1. Market Revenue and Forecast (2017-2030)

9.1.6. Polymerases & Nucleases

9.1.6.1. Market Revenue and Forecast (2017-2030)

9.1.7. Others

9.1.7.1. Market Revenue and Forecast (2017-2030)

Chapter 10. Global Enzymes Market, By Application 

10.1. Enzymes Market, by Application, 2022-2030

10.1.1. Food and Beverages

10.1.1.1. Market Revenue and Forecast (2017-2030)

10.1.2. Meat processing products

10.1.2.1. Market Revenue and Forecast (2017-2030)

10.1.3. Dairy products

10.1.3.1. Market Revenue and Forecast (2017-2030)

10.1.4. Beverages

10.1.4.1. Market Revenue and Forecast (2017-2030)

10.1.5. Bakery & confectionary

10.1.5.1. Market Revenue and Forecast (2017-2030)

10.1.6. Others

10.1.6.1. Market Revenue and Forecast (2017-2030)

Chapter 11. Global Enzymes Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Forecast, by Product (2017-2030)

11.1.2. Market Revenue and Forecast, by Type (2017-2030)

11.1.3. Market Revenue and Forecast, by Application (2017-2030)

11.1.4. U.S.

11.1.4.1. Market Revenue and Forecast, by Product (2017-2030)

11.1.4.2. Market Revenue and Forecast, by Type (2017-2030)

11.1.4.3. Market Revenue and Forecast, by Application (2017-2030)

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Forecast, by Product (2017-2030)

11.1.5.2. Market Revenue and Forecast, by Type (2017-2030)

11.1.5.3. Market Revenue and Forecast, by Application (2017-2030)

11.2. Europe

11.2.1. Market Revenue and Forecast, by Product (2017-2030)

11.2.2. Market Revenue and Forecast, by Type (2017-2030)

11.2.3. Market Revenue and Forecast, by Application (2017-2030)

11.2.4. UK

11.2.4.1. Market Revenue and Forecast, by Product (2017-2030)

11.2.4.2. Market Revenue and Forecast, by Type (2017-2030)

11.2.4.3. Market Revenue and Forecast, by Application (2017-2030)

11.2.5. Germany

11.2.5.1. Market Revenue and Forecast, by Product (2017-2030)

11.2.5.2. Market Revenue and Forecast, by Type (2017-2030)

11.2.5.3. Market Revenue and Forecast, by Application (2017-2030)

11.2.6. France

11.2.6.1. Market Revenue and Forecast, by Product (2017-2030)

11.2.6.2. Market Revenue and Forecast, by Type (2017-2030)

11.2.6.3. Market Revenue and Forecast, by Application (2017-2030)

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Forecast, by Product (2017-2030)

11.2.7.2. Market Revenue and Forecast, by Type (2017-2030)

11.2.7.3. Market Revenue and Forecast, by Application (2017-2030)

11.3. APAC

11.3.1. Market Revenue and Forecast, by Product (2017-2030)

11.3.2. Market Revenue and Forecast, by Type (2017-2030)

11.3.3. Market Revenue and Forecast, by Application (2017-2030)

11.3.4. India

11.3.4.1. Market Revenue and Forecast, by Product (2017-2030)

11.3.4.2. Market Revenue and Forecast, by Type (2017-2030)

11.3.4.3. Market Revenue and Forecast, by Application (2017-2030)

11.3.5. China

11.3.5.1. Market Revenue and Forecast, by Product (2017-2030)

11.3.5.2. Market Revenue and Forecast, by Type (2017-2030)

11.3.5.3. Market Revenue and Forecast, by Application (2017-2030)

11.3.6. Japan

11.3.6.1. Market Revenue and Forecast, by Product (2017-2030)

11.3.6.2. Market Revenue and Forecast, by Type (2017-2030)

11.3.6.3. Market Revenue and Forecast, by Application (2017-2030)

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Forecast, by Product (2017-2030)

11.3.7.2. Market Revenue and Forecast, by Type (2017-2030)

11.3.7.3. Market Revenue and Forecast, by Application (2017-2030)

11.4. MEA

11.4.1. Market Revenue and Forecast, by Product (2017-2030)

11.4.2. Market Revenue and Forecast, by Type (2017-2030)

11.4.3. Market Revenue and Forecast, by Application (2017-2030)

11.4.4. GCC

11.4.4.1. Market Revenue and Forecast, by Product (2017-2030)

11.4.4.2. Market Revenue and Forecast, by Type (2017-2030)

11.4.4.3. Market Revenue and Forecast, by Application (2017-2030)

11.4.5. North Africa

11.4.5.1. Market Revenue and Forecast, by Product (2017-2030)

11.4.5.2. Market Revenue and Forecast, by Type (2017-2030)

11.4.5.3. Market Revenue and Forecast, by Application (2017-2030)

11.4.6. South Africa

11.4.6.1. Market Revenue and Forecast, by Product (2017-2030)

11.4.6.2. Market Revenue and Forecast, by Type (2017-2030)

11.4.6.3. Market Revenue and Forecast, by Application (2017-2030)

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Forecast, by Product (2017-2030)

11.4.7.2. Market Revenue and Forecast, by Type (2017-2030)

11.4.7.3. Market Revenue and Forecast, by Application (2017-2030)

11.5. Latin America

11.5.1. Market Revenue and Forecast, by Product (2017-2030)

11.5.2. Market Revenue and Forecast, by Type (2017-2030)

11.5.3. Market Revenue and Forecast, by Application (2017-2030)

11.5.4. Brazil

11.5.4.1. Market Revenue and Forecast, by Product (2017-2030)

11.5.4.2. Market Revenue and Forecast, by Type (2017-2030)

11.5.4.3. Market Revenue and Forecast, by Application (2017-2030)

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Forecast, by Product (2017-2030)

11.5.5.2. Market Revenue and Forecast, by Type (2017-2030)

11.5.5.3. Market Revenue and Forecast, by Application (2017-2030)

Chapter 12. Company Profiles

12.1. BASF (Germany)

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. DuPont (US)

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. Associated British Foods (UK)

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Advanced Enzymes Technologies (India)

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. Aumgene Biosciences (India)

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Chr Hansen (Denmark)

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. Creative Enzymes (US)

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. Enzyme Solutions (US)

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Amano Enzymes (Japan)

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Roche Holding (Switzerland)

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.

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Frequently Asked Questions:

[sc_fs_multi_faq headline-0=”h3″ question-0=”Which are the driving factors of the enzymes market?” answer-0=”The enzymes market is mainly seeing a growth due to increase in the demand for medicines and biotechnological products. ” image-0=”” headline-1=”h3″ question-1=”What is the current size of enzymes market?” answer-1=”The global enzymes market size was reached at US$ 11.71 billion in 2021 and it is anticipated to rake around US$ 20.5 billion by 2030. ” image-1=”” headline-2=”h3″ question-2=”What will be the CAGR of global enzymes market?” answer-2=”The global enzymes market is expanding growth at a CAGR of 6.42% over the forecast period 2022 to 2030. ” image-2=”” headline-3=”h3″ question-3=”Who are the major players operating in the enzymes market?” answer-3=”The major players operating in the enzymes market are BASF (Germany), DuPont (US), Associated British Foods (UK), Advanced Enzymes Technologies (India), Aumgene Biosciences (India), Chr Hansen (Denmark), Creative Enzymes (US), Enzyme Solutions (US), Amano Enzymes (Japan), Roche Holding (Switzerland), and Codexis (US). ” image-3=”” headline-4=”h3″ question-4=”Which region will lead the global enzymes market?” answer-4=”North American region accounted 36% market share in 2021 and will lead the global enzymes market over the forecast period. ” image-4=”” count=”5″ html=”true” css_class=””]