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Industrial Enzymes - Global Market Trajectory & Analytics

  • ID: 338655
  • Report
  • April 2021
  • Region: Global
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • AB Enzymes GmbH
  • Amano Enzyme Inc.
  • Aumgene Biosciences
  • BASF SE
  • Chr. Hansen A/S
  • Codexis Inc.
  • MORE
Global Industrial Enzymes Market to Reach $7 Billion by 2027

Amid the COVID-19 crisis, the global market for Industrial Enzymes estimated at US$5.6 Billion in the year 2020, is projected to reach a revised size of US$7 Billion by 2027, growing at a CAGR of 3.4% over the analysis period 2020-2027. Carbohydrases, one of the segments analyzed in the report, is projected to record a 3.3% CAGR and reach US$3.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Proteases segment is readjusted to a revised 3.8% CAGR for the next 7-year period.



The U.S. Market is Estimated at $1.5 Billion, While China is Forecast to Grow at 6.2% CAGR

The Industrial Enzymes market in the U.S. is estimated at US$1.5 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.5 Billion by the year 2027 trailing a CAGR of 6.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1% and 2.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.7% CAGR.

Lipases Segment to Record 3.4% CAGR

In the global Lipases segment, USA, Canada, Japan, China and Europe will drive the 2.9% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$250.3 Million in the year 2020 will reach a projected size of US$306.4 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$977.9 Million by the year 2027, while Latin America will expand at a 4.3% CAGR through the analysis period.

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.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • AB Enzymes GmbH
  • Amano Enzyme Inc.
  • Aumgene Biosciences
  • BASF SE
  • Chr. Hansen A/S
  • Codexis Inc.
  • MORE
I. METHODOLOGY

II. 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
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

III. MARKET ANALYSIS
  • UNITED STATES
  • CANADA
  • JAPAN
  • CHINA
  • EUROPE
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • SPAIN
  • RUSSIA
  • REST OF EUROPE
  • ASIA-PACIFIC
  • AUSTRALIA
  • INDIA
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA
IV. COMPETITION
  • Total Companies Profiled: 54
Note: Product cover images may vary from those shown
  • 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.
Note: Product cover images may vary from those shown
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