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Lipase - Global Market Trajectory & Analytics

  • ID: 5140401
  • Report
  • April 2021
  • Region: Global
  • 283 Pages
  • Global Industry Analysts, Inc
Global Lipase Market to Reach $774.2 Million by 2027

Amid the COVID-19 crisis, the global market for Lipase estimated at US$538.5 Million in the year 2020, is projected to reach a revised size of US$774.2 Million by 2027, growing at a CAGR of 5.3% over the period 2020-2027. Microbial Lipases, one of the segments analyzed in the report, is projected to record 5.1% CAGR and reach US$579 Million 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 Animal Lipases segment is readjusted to a revised 6.1% CAGR for the next 7-year period.

The U.S. Market is Estimated at $145.9 Million, While China is Forecast to Grow at 8.2% CAGR

The Lipase market in the U.S. is estimated at US$145.9 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$160.2 Million by the year 2027 trailing a CAGR of 8.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.9% and 4.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.3% CAGR.

Select Competitors (Total 46 Featured):
  • Advanced Enzymes Technologies Ltd.
  • Amano Enzyme, Inc.
  • Associated British Foods PLC
  • Chr. Hansen Holdings A/S
  • Clerici-Sacco Group
  • DowDuPont, Inc.
  • Enzyme Development Corporation
  • Koninklijke DSM NV
  • Novozymes A/S
  • Renco New Zealand
Frequently Asked Questions about the Global Market for Lipase

What is the estimated value of the Global Market for Lipase?

The Global Market for Lipase was estimated to be valued at $538.5 Million in 2020.

What is the growth rate of the Global Market for Lipase?

The growth rate of the Global Market for Lipase is 5.3%, with an estimated value of $774.2 Million by 2027.

What is the forecasted size of the Global Market for Lipase?

The Global Market for Lipase is estimated to be worth $774.2 Million by 2027.
Note: Product cover images may vary from those shown

  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession


  • Total Companies Profiled: 46
Note: Product cover images may vary from those shown