USD 11.47 billion
Enzymes Market Size, Share, Growth Analysis, By Source (Microorganism, Plant), By Type (Carbohydrases, Proteases), By Reaction Type (Hydrolases, Oxidoreductases), By Product Type & Application (Industrial Enzymes, Specialty Enzymes), By Region -Industry Forecast 2025-2032.
Report ID:
SQSG30I2034 |
Region:
Global |
Published Date: November, 2024
Pages:
165
|Tables:
66
|Figures:
75
Enzymes Market Insights
Enzymes Market size was valued at USD 12.08 Billion in 2023 and is poised to grow from USD 13.03 Billion in 2024 to USD 23.95 Billion by 2032, growing at a CAGR of 7.90% during the forecast period (2025-2032).
Enzymes are responsible for managing or speeding up the reaction, providing various advantages over traditional chemical processes in terms of process efficiency and sustainability. As a result, enzymes are becoming increasingly popular in industrial applications. Enzyme catalysis has been scaled up for a variety of industrial operations, including the food and beverage business, textiles, detergents, paper & pulp, waste management, leather processing, biofuel sector, pharmaceuticals & biotechnology industry, and agriculture. Enzyme demand is expected to rise across all industry verticals due to their extremely efficient bio-catalysis, product selectivity, and lower physiological and environmental toxicity. Furthermore, the use of less energy (temperature) and total time reduction in the manufacturing process has resulted in significant cost savings. As a result, global enzyme uptake and use are expected to rise.
The increasing consumer awareness of one's health is attributable to the increased demand for food and beverage goods, which is predicted to favorably affect product demand throughout the forecast period. Enzymes are taken from various animal tissues, including the calf stomach, bacteria, and plant components, among others. With the advent of new technology, product makers may now select their desired host for manufacturing, such as transgenic plants or microorganisms.
US Enzymes Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Carbohydrase
Fastest Growth
Carbohydrase
Growth Rate
6.5% CAGR
Global Enzymes Market, 2021-2028 ($ Bn)
Country Share for North America Region- 2021 (%)
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Enzymes Market Segmental Analysis
Global Enzymes Market is segmented into Source, Type, Reaction Type, Product Type & Application, and region. By Source, the market is classified into Microorganism, Plant, and Animal. Depending on the Type, it is categorized into Carbohydrases, Proteases, Lipases, Polymerases & Nucleases, and Other Enzymes. Based on Reaction Type, the market is segmented into Hydrolases, Oxidoreductases, Transferases, Lyases, and Other Reaction Types. Based on Product Type & Application, the market is segmented into Industrial Enzymes, and Specialty Enzymes. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.
Enzymes market Analysis by type
Carbohydrase segment dominated the global enzyme nutritional segment and is projected to show similar dominance over the forecast period. This segment is also estimated to be the fastest-growing market. The rising demand for sports drinks among various demographic segments worldwide is the primary development factor for the carbohydrate market. The intake of carbohydrates is increasing in developing nations because In nations with significant levels of poverty, people rely on low-cost diets that are frequently starchy and carbohydrate-heavy. Meat consumption, while growing in recent years, is still quite low due to the high cost.
Global Enzymes Market By Type, 2021 (%)
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Enzymes Market Regional Insights
In 2021, the North America region dominated the industry, accounting for more than 37.50% of worldwide revenue. This is due to the presence of different end-use firms in the food and beverage, laundry detergent, personal care & cosmetics, and pharmaceuticals industries, as well as the region's major countries' considerable scope for R&D operations. Because of rising meat output, particularly in China, the Asia Pacific region is expected to increase at the highest CAGR from 2022 to 2028. Protease and carbohydrase demand is increasing dramatically across the country due to increased demand from the pharmaceutical and food and beverage industries.
The rising use of nuclease and polymerase enzymes in biotechnology applications is expected to drive industry expansion even further. Because of the growing population and rising income levels in emerging countries such as Brazil and Columbia, the textile and food and beverage industries are expected to drive industrial growth. The pharmaceutical and cosmetic industries in the Middle East and Africa (MEA) are expected to grow due to a variety of factors, including rising health awareness, rising disposable income, and rising demand for high-end cosmetic products, which are expected to stimulate product demand in the aforementioned industries.
Global Enzymes Market By Geography, 2021-2028
- Largest
- Fastest
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Enzymes Market Dynamics
Enzymes market Driver
- The rising prevalence of chronic diseases will drive market growth
Digestive enzymes are in high demand because they aid in the treatment of pancreatic and gastrointestinal illnesses. Furthermore, the rising prevalence of intestinal disorders, as well as pancreatic operations, will drive growth in the approaching years. Furthermore, the widespread availability of over-the-counter medications is expected to boost global enzymes market growth.
Enzymes market Restraint
- Innovative technological platforms
Many small-scale manufacturers compete with market leaders in terms of the application specificity of the food enzymes generated in the worldwide food enzymes market. This, in turn, is determined by the quality of manufacturing strain created by manufacturers. Various technology licensors enable small-scale manufacturers to build programmable enzymes that can then be scaled up to produce big numbers. Dyadic International Inc. (US) is one such licensor, allowing smaller firms to create large volumes of high-mobility food enzymes on-site using its C1 platform technology.
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Enzymes Market Competitive Landscape
Key players in the global enzymes market are focusing on expanding their footprint through business expansions, product launch, high R&D investments, mergers and acquisitions, partnerships, joint ventures, and partnerships.
Enzymes market Top Players Company Profiles
- BASF SE
- International Flavors & Fragrances Inc.
- Associated British Foods Plc
- DSM-Firmenich
- Kerry Group Plc
- Dyadic International Inc.
- Advanced Enzyme Technologies
- Aumgene Biosciences
- Amano Enzyme Inc.
- Codexis, Inc.
- Sanofi
- Merck KGAA
- Adisseo
- Creative Enzymes
- Enzyme Solutions
- Enzymatic Deinking Technologies, Llc
- Tex Biosciences (P) Ltd.
- Denykem
- Metgen
- Biovet S.A.
Enzymes market Recent Development
- In June 2022, Enzymedica launched the kiwi regularity chewable. It is a Florida-based firm that provides high-quality natural digestive solutions. Zespri kiwis are notable for having a higher level of UV light exposure that causes the plants to produce more advantageous secondary metabolites like polyphenols and carotenoids as a result of their location.
Enzymes Key Market Trends
- The use of digestive enzymes in sports nutrition is projected to grow in importance as athletes, athletes, bodybuilders, and patients consume these items as a dietary supplement. Furthermore, the expanding number of fitness facilities, gymnasiums, and health clubs, together with rising health consciousness, is expected to drive expansion.
- Global awareness of healthy food products is steadily growing. This nutritional awareness is linked to rising urbanization, pollution, health problems, and shifting food choices. Factors such as government programs to educate rural people about nutrition, a growth in the proportion of working women and educated people, and the availability of less time for food preparation have all contributed to an increase in demand for healthful food. Simultaneously, rising Asian population, introduction of new food categories, exposure to Western products, and an increase in the number of nuclear families all contribute to an increase in the demand for nutritional food. All of these factors contribute to the demand for food enzymes from nutritional food product manufacturers, as products made with enzymes have a high nutritional value and aid in the digestion of food as well as the breakdown of ingested food into vital proteins, fats, and carbohydrates to provide optimal nutrition.
Enzymes Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our business information services team that collects, collates, co-relates, and analyses the data collected by means of primary exploratory research backed by the robust secondary desk research.
According to our analysis, Lipase, protease, Polymerases & Nucleases, Phytases, and Catalases are other key categories in the digestive enzyme segment. Nutritional enzymes available in the market include a blend of enzymes or Multi-Enzymes which is another key factor driving the demand for single enzymes as well as the complete enzyme segment. For instance, the ingredients in multi-enzyme capsules are a blend of amylase, lipase, protease, cellulase, and lactase enzymes for better digestive health. Nutritional enzyme supplements available in the market come in plastic bottles with 60 to 120 capsules in 1 bottle.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 11.2 billion |
| Market size value in 2031 | USD 22.20 billion |
| Growth Rate | 7.90% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Enzymes Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Enzymes Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Enzymes Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Enzymes Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Enzymes Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Enzymes Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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