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Industrial Enzymes: Global Strategic Business Report

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    Report

  • 199 Pages
  • April 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 338655
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Global Industrial Enzymes Market to Reach $8.2 Billion by 2030

The global market for Industrial Enzymes estimated at US$5.8 Billion in the year 2022, is projected to reach a revised size of US$8.2 Billion by 2030, growing at a CAGR of 4.4% over the analysis period 2022-2030. Carbohydrases, one of the segments analyzed in the report, is projected to record a 4.3% CAGR and reach US$3.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Proteases segment is readjusted to a revised 4.8% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.6 Billion, While China is Forecast to Grow at 7.3% CAGR

The Industrial Enzymes market in the U.S. is estimated at US$1.6 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.7 Billion by the year 2030 trailing a CAGR of 7.3% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.3% and 3.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.9% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.1 Billion by the year 2030.

Select Competitors (Total 54 Featured) -

  • AB Enzymes GmbH
  • Advanced Enzyme Technologies Ltd.
  • Amano Enzyme Inc.
  • Asahi Kasei Pharma Corporation
  • Aumgene Biosciences
  • BASF SE
  • BioResource International Inc.
  • Chr. Hansen A/S
  • Codexis Inc.
  • DuPont Nutrition and Health
  • Enzymatic Deinking Technologies LLC
  • Enzyme Innovation
  • Hayashibara Company
  • Novozymes A/S
  • Royal DSM
  • Thermo Fischer Scientific Inc.

What's New?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • Industrial Enzymes: Eco-Friendly Catalysts that Speed Up and Improve the Efficiency of Industrial Processes
  • Global Industrial Enzymes Market: Fast Facts
  • Recent Market Activity
  • Major Enzyme Trends in Industrial Applications
  • Growing Need to Replace Harsh Chemical Processes with Eco-Friendly Enzymatic Processes:
  • Fundamental Catalyst for Market Growth
  • Advantages of Enzymes Vis-à-vis Chemical Catalysts
  • Enzymes Replace Various Harsh and Abrasive Chemicals
  • Enzymes Offer Safer Workplace through Elimination of Harsh Chemical Treatment
  • Energy Conservation
  • Enzymes Reduce Toxicity of Effluents during Wastewater Treatment
  • Surging Demand for Eco-Friendly Enzymes Spurs R&D
  • Myriad Applications in Various End-use Industries Drives Widespread Adoption
  • Market Fortunes Intrinsically Tied to Performance of the Overall Enzymes Market
  • Biotechnology: Providing Solutions in an Increasingly Enzyme Dependent World
  • Advancements in Biotechnology Increase Enzyme Performance
  • Global Market Outlook
  • Industrial Enzymes - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Surging Demand for Biofuel Enzymes Drive Healthy Market Growth
  • Biofuel Enzymes in Second Generation Bioethanol and Advanced Biodiesel Production Offers Lucrative Opportunities
  • Development Trends in Protein Engineering Sustain Demand in the Largest Application Area of Food & Beverages
  • Major Application Areas for Enzymes in the Food and Beverage Industry
  • Growing Popularity of Fermentation Process Sustain Demand for Dairy Enzymes
  • Increasing Demand for Beer Drives Focus on Brewing Enzymes
  • Food Enzymes: A Great Source of Product Innovation in the Baking Sector
  • Increasing Applications as Processing Aid and Ingredient Catapult Carbohydrases to the Dominant Position
  • Broad Spectrum of Functionalities Drive Steady Demand for Proteases
  • Microbial Proteases Score over Animal and Plant Proteases
  • Industrial and Health Benefits Drive Fastest Growth in Demand for Lipases
  • Multiple Benefits Drive Strong Demand for Feed Enzymes in the Animal Feed Sector
  • Principle Functions of Enzymes in Animal Feed
  • Major Enzymes in Feed Applications
  • Development of Candidates for Feed Enzyme: A Challenging Task?
  • Effectiveness in Dirt Elimination Boosts Demand for Detergent Enzymes
  • Pollution Reduction Attributes Spur Demand for Enzymes in Textile Processing
  • Cosmetics: A Niche Yet Growing End-use Segment
  • Modern Farm Practices Promote Use of Agricultural Enzymes
  • Beneficial Nature of Laccases Intensifies Research Activity
  • Recent Advancements in Industrial Scale Production of Enzymes Augurs Well for Market Penetration
  • Enzymes in Starch Processing Generate Better Yield of Glucose
  • Enzymes Replace High-Chlorinated Products in the Pulp and Paper Industry
  • Enzymes Used for Processing, Dehairing, Bating, and Degreasing in Leather Industry
  • Developing Countries Continue to Offer Significant Growth Opportunities
  • Developing Countries Continue to Offer Significant Growth Opportunities
  • Expanding Middle Class Population Promotes Demand for Food and Feed Enzymes
  • Manufacturers in Developed Countries Move Production Base to Developing Markets
  • Extremozymes: The Next Big Thing in Industrial Enzyme Technology
  • Innovative Ultra-STable Enzymes for Industrial Applications
  • Novel Enzymes from Microbes in the Arctic Region
  • Enzymes and New Yeasts to Advance the Brewing Process
  • Enzyme Innovations in Ethanol Production
  • Novozymes’ 3D Modelling for Enzyme Optimization
  • Enzyme Innovations Aid in Acrylamide Reduction in Baked Goods
  • Danisco Introduces New Phytase Enzyme
  • Novozymes Introduces Enzyme for Biological Foam Control
  • BASF Unveils New Line of Enzymes
  • DuPont Industrial Biosciences Unveils New Enzyme for the Biogas Sector
  • Bio-Systems Introduces New Feed Enzymes
  • DSM Introduces New Enzyme to Help Digest Residual Gluten
  • DuPont Introduces New Wheat Processing Enzyme
  • Novozymes Introduces New Biofuel Enzyme
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Industrial Enzymes by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 2: World Historic Review for Industrial Enzymes by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2021 and % CAGR
  • Table 3: World 18-Year Perspective for Industrial Enzymes by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2012, 2023 & 2030
  • Table 4: World Recent Past, Current & Future Analysis for Carbohydrases by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 5: World Historic Review for Carbohydrases by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2021 and % CAGR
  • Table 6: World 18-Year Perspective for Carbohydrases by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2023 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for Proteases by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 8: World Historic Review for Proteases by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2021 and % CAGR
  • Table 9: World 18-Year Perspective for Proteases by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2023 & 2030
  • Table 10: World Recent Past, Current & Future Analysis for Lipases by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 11: World Historic Review for Lipases by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2021 and % CAGR
  • Table 12: World 18-Year Perspective for Lipases by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2023 & 2030
  • Table 13: World Recent Past, Current & Future Analysis for Other Product Segments by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 14: World Historic Review for Other Product Segments by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2021 and % CAGR
  • Table 15: World 18-Year Perspective for Other Product Segments by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2023 & 2030
  • Table 16: World Recent Past, Current & Future Analysis for Technical by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 17: World Historic Review for Technical by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2021 and % CAGR
  • Table 18: World 18-Year Perspective for Technical by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2023 & 2030
  • Table 19: World Recent Past, Current & Future Analysis for Feed Additive by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 20: World Historic Review for Feed Additive by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2021 and % CAGR
  • Table 21: World 18-Year Perspective for Feed Additive by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2023 & 2030
  • Table 22: World Recent Past, Current & Future Analysis for Food Processing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 23: World Historic Review for Food Processing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2021 and % CAGR
  • Table 24: World 18-Year Perspective for Food Processing by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2023 & 2030
  • Table 25: World Recent Past, Current & Future Analysis for Food & Beverages by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 26: World Historic Review for Food & Beverages by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2021 and % CAGR
  • Table 27: World 18-Year Perspective for Food & Beverages by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2023 & 2030
  • Table 28: World Recent Past, Current & Future Analysis for Detergents by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 29: World Historic Review for Detergents by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2021 and % CAGR
  • Table 30: World 18-Year Perspective for Detergents by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2023 & 2030
  • Table 31: World Recent Past, Current & Future Analysis for Animal feed by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 32: World Historic Review for Animal feed by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2021 and % CAGR
  • Table 33: World 18-Year Perspective for Animal feed by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2023 & 2030
  • Table 34: World Recent Past, Current & Future Analysis for Personal Care & Cosmetics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 35: World Historic Review for Personal Care & Cosmetics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2021 and % CAGR
  • Table 36: World 18-Year Perspective for Personal Care & Cosmetics by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2023 & 2030
  • Table 37: World Recent Past, Current & Future Analysis for Nutraceutical by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 38: World Historic Review for Nutraceutical by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2021 and % CAGR
  • Table 39: World 18-Year Perspective for Nutraceutical by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2023 & 2030
  • Table 40: World Recent Past, Current & Future Analysis for Textile by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 41: World Historic Review for Textile by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2021 and % CAGR
  • Table 42: World 18-Year Perspective for Textile by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2023 & 2030
  • Table 43: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 44: World Historic Review for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2021 and % CAGR
  • Table 45: World 18-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2023 & 2030
  • Table 46: World Industrial Enzymes Market Analysis of Annual Sales in US$ Million for Years 2012 through 2030
III. MARKET ANALYSIS
UNITED STATES
  • Industrial Enzymes Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
CANADA
JAPAN
  • Industrial Enzymes Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
CHINA
  • Industrial Enzymes Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
EUROPE
  • Industrial Enzymes Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
FRANCE
  • Industrial Enzymes Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
GERMANY
  • Industrial Enzymes Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
ITALY
UNITED KINGDOM
  • Industrial Enzymes Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
SPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Industrial Enzymes Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
AUSTRALIA
  • Industrial Enzymes Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2023 (E)
INDIA
  • Industrial Enzymes Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2023 (E)
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Industrial Enzymes Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2023 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Industrial Enzymes Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2023 (E)
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • Industrial Enzymes Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2023 (E)
IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • AB Enzymes GmbH
  • Advanced Enzyme Technologies Ltd.
  • Amano Enzyme Inc.
  • Asahi Kasei Pharma Corporation
  • Aumgene Biosciences
  • BASF SE
  • BioResource International Inc.
  • Chr. Hansen A/S
  • Codexis Inc.
  • DuPont Nutrition and Health
  • Enzymatic Deinking Technologies LLC
  • Enzyme Innovation
  • Hayashibara Company
  • Novozymes A/S
  • Royal DSM
  • Thermo Fischer Scientific Inc.

Table Information

Report AttributeDetails
No. of Pages199
PublishedApril 2024
Forecast Period2022 - 2030
Estimated Market Value ( USD ) in 2022 $ 5.8 Billion
Forecasted Market Value ( USD ) by 2030 $ 8.2 Billion
Compound Annual Growth Rate4.4%
Regions CoveredGlobal

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