The global microbial lipase market size was estimated to be USD 0.595 billion in 2023 and is predicted to reach USD 1.19 billion by 2034 with a CAGR of 6.57% during the forecast period 2024-2034. The market will grow as a result of factors such as rising demand from emerging nations, growing awareness of animal health and nutrition, technological advancements and cost-effectiveness, and the rise of the food industry.
Improvements in fermentation techniques are making it more affordable to produce microbial lipases, increasing their availability to a wider range of industries. The goal of research and development is to produce new and enhanced lipases that are more efficient and have specialized functions for a range of applications. For instance, in February 2023, Novozymes A/S and Cargill announced a collaboration to create and market novel enzyme solutions for the food and beverage sector, which may involve the use of microbial lipases.
By source, the bacteria segment accounted for the highest revenue-grossing segment in the global microbial lipase market in 2023 owing to the robust demand for Bacillus subtilis-derived lipases, which are widely utilized in various industrial applications such as food processing, animal feed, and biofuel production. For instance, in September 2022, DSM introduced its "Delvocid® SE 100" lipase solution, which is intended to reduce the time needed for dough fermentation during bread manufacture. Additionally, the fungi segment is predicted to grow at the fastest CAGR during the forecast period owing to the continuous advancements in biotechnology, resulting in the development of novel fungal strains with heightened lipase production capabilities.
By form, the powder segment accounted for the highest revenue-grossing segment in the global microbial lipase market in 2023 owing to the increasing demand for powdered formulations in food and beverage applications. For instance, in January 2024 Advanced Enzymes Technologies Ltd. introduced a new range of bio-based cleaning products that are designed to be both environmentally benign and highly effective in cleaning. These products are created with lipases. Additionally, the liquid segment is predicted to grow at the fastest CAGR during the forecast period owing to the increasing demand for liquid microbial lipases in industrial applications, particularly in the production of biofuels and specialty chemicals.
By application, the cleaning agents segment accounted for the highest revenue-grossing segment in the global microbial lipase market in 2023 owing to the growing consumer preference for eco-friendly and enzyme-based cleaning solutions. As awareness of the importance of feed efficiency and nutrient utilization in animal farming increases, microbial lipases play a crucial role in enhancing digestion and nutrient absorption. For instance, in January 2024 Advanced Enzymes Technologies Ltd. introduced a new range of bio-based cleaning products that are designed to be both environmentally benign and highly effective in cleaning. These products are created with lipases. Additionally, the animal feed segment is predicted to grow at the fastest CAGR during the forecast period owing to the escalating demand for microbial lipases in livestock nutrition. widespread adoption of microbial lipases across diverse industrial applications.
By end-user, the industrial use segment accounted for the highest revenue-grossing segment in the global microbial lipase market in 2023 owing to the widespread adoption of microbial lipases across diverse industrial applications. These enzymes, with their versatility and catalytic capabilities, found extensive use in the food and beverage industry for improved processing efficiency and product quality. For instance, Enzyme Supplies Limited (ESL) introduced a new online platform in June 2023 to facilitate client access to their enzyme products, such as microbial lipases, as well as technical details and assistance. Additionally, the residential use segment is predicted to grow at the fastest CAGR during the forecast period owing to the increasing consumer awareness of eco-friendly and enzyme-based household products.
North American region is anticipated to have the highest revenue share during the forecast period owing to the robust demand for microbial lipases across diverse industries such as food and beverages, pharmaceuticals, and biofuel production. Additionally, the Asia Pacific region is predicted to grow at the fastest CAGR during the forecast period owing to the increasing industrialization, expanding food and beverage sector, and rising demand for sustainable and innovative solutions. For instance, in December 2023, Creative Enzymes announced a partnership with a Chinese research institute to create innovative microbial lipases that are more selective and active for particular uses.
This extensive research report concentrates on the size and projections of the global and regional markets from 2023 to 2034.
Improvements in fermentation techniques are making it more affordable to produce microbial lipases, increasing their availability to a wider range of industries. The goal of research and development is to produce new and enhanced lipases that are more efficient and have specialized functions for a range of applications. For instance, in February 2023, Novozymes A/S and Cargill announced a collaboration to create and market novel enzyme solutions for the food and beverage sector, which may involve the use of microbial lipases.
By source, the bacteria segment accounted for the highest revenue-grossing segment in the global microbial lipase market in 2023 owing to the robust demand for Bacillus subtilis-derived lipases, which are widely utilized in various industrial applications such as food processing, animal feed, and biofuel production. For instance, in September 2022, DSM introduced its "Delvocid® SE 100" lipase solution, which is intended to reduce the time needed for dough fermentation during bread manufacture. Additionally, the fungi segment is predicted to grow at the fastest CAGR during the forecast period owing to the continuous advancements in biotechnology, resulting in the development of novel fungal strains with heightened lipase production capabilities.
By form, the powder segment accounted for the highest revenue-grossing segment in the global microbial lipase market in 2023 owing to the increasing demand for powdered formulations in food and beverage applications. For instance, in January 2024 Advanced Enzymes Technologies Ltd. introduced a new range of bio-based cleaning products that are designed to be both environmentally benign and highly effective in cleaning. These products are created with lipases. Additionally, the liquid segment is predicted to grow at the fastest CAGR during the forecast period owing to the increasing demand for liquid microbial lipases in industrial applications, particularly in the production of biofuels and specialty chemicals.
By application, the cleaning agents segment accounted for the highest revenue-grossing segment in the global microbial lipase market in 2023 owing to the growing consumer preference for eco-friendly and enzyme-based cleaning solutions. As awareness of the importance of feed efficiency and nutrient utilization in animal farming increases, microbial lipases play a crucial role in enhancing digestion and nutrient absorption. For instance, in January 2024 Advanced Enzymes Technologies Ltd. introduced a new range of bio-based cleaning products that are designed to be both environmentally benign and highly effective in cleaning. These products are created with lipases. Additionally, the animal feed segment is predicted to grow at the fastest CAGR during the forecast period owing to the escalating demand for microbial lipases in livestock nutrition. widespread adoption of microbial lipases across diverse industrial applications.
By end-user, the industrial use segment accounted for the highest revenue-grossing segment in the global microbial lipase market in 2023 owing to the widespread adoption of microbial lipases across diverse industrial applications. These enzymes, with their versatility and catalytic capabilities, found extensive use in the food and beverage industry for improved processing efficiency and product quality. For instance, Enzyme Supplies Limited (ESL) introduced a new online platform in June 2023 to facilitate client access to their enzyme products, such as microbial lipases, as well as technical details and assistance. Additionally, the residential use segment is predicted to grow at the fastest CAGR during the forecast period owing to the increasing consumer awareness of eco-friendly and enzyme-based household products.
North American region is anticipated to have the highest revenue share during the forecast period owing to the robust demand for microbial lipases across diverse industries such as food and beverages, pharmaceuticals, and biofuel production. Additionally, the Asia Pacific region is predicted to grow at the fastest CAGR during the forecast period owing to the increasing industrialization, expanding food and beverage sector, and rising demand for sustainable and innovative solutions. For instance, in December 2023, Creative Enzymes announced a partnership with a Chinese research institute to create innovative microbial lipases that are more selective and active for particular uses.
This extensive research report concentrates on the size and projections of the global and regional markets from 2023 to 2034.
Report Scope:
- Base Year: 2023
- Forecast Period: 2024-2034
Study Coverage
- Market Forecast by Source, Form, Application, and End-User
- Market Forecast for 5 Regions and 17+ Countries
- North America (U.S. and Canada)
- Europe (Germany, France, UK, Spain, Italy, Russia, Rest of Europe)
- Asia Pacific (China, Japan, India, Australia, South Korea, Rest of APAC)
- Latin America (Brazil, Mexico, Argentina, Rest of LATAM)
- MEA (South Africa, GCC, Rest of MEA)
- Exhaustive Company Profiles of the Top 10+ Major Market Players
- 20% Free Customization Available to Meet Your Exact Requirement.
Segmentation: Microbial Lipase Market Report 2023 - 2034
Microbial Lipase Market Analysis & Forecast by Source 2023 - 2034 (Revenue USD Bn)
- Fungi Lipase
- Bacteria Lipase
- Yeast Lipase
Microbial Lipase Market Analysis & Forecast by Form 2023 - 2034 (Revenue USD Bn)
- Liquid Form
- Powder Form
Microbial Lipase Market Analysis & Forecast by Application 2023 - 2034 (Revenue USD Bn)
- Cleaning Agents
- Animal Feed
- Dairy Products
- Bakery Products
- Confectionery
- Others
Microbial Lipase Market Analysis & Forecast by End-User 2023 - 2034 (Revenue USD Bn)
- Industrial Use
- Residential Use
Microbial Lipase Market Analysis & Forecast by Region 2023 - 2034 (Revenue USD Bn)
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- UK
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of LATAM
- Middle East & Africa
- South Africa
- GCC
- Rest of MEA
Table of Contents
1. Research Methodology
2. Introduction
4. Market Environment Analysis
5. Market Dynamics
7. Microbial Lipase Market: Source Estimates & Trend Analysis
8. Microbial Lipase Market: Form Estimates & Trend Analysis
9. Microbial Lipase Market: Application Estimates & Trend Analysis
10. Microbial Lipase Market: End-user Estimates & Trend Analysis
11. Regional Market Analysis
12. North America Microbial Lipase Market
13. Europe Microbial Lipase Market
14. Asia Pacific Microbial Lipase Market
15. Latin America Microbial Lipase Market
16. MEA Microbial Lipase Market
17. Competitor Analysis
18. Company Profiles
Companies Mentioned
- Novozymes A/S
- DSM
- Amano Enzyme Inc.
- Chr. Hansen Holding A/S
- DowDuPont Inc.
- Enzyme Development Corporation
- Advanced Enzymes Technologies Ltd.
- Associated British Foods plc (AB Enzymes)
- Biocatalysts Ltd.
- Enzyme Supplies Limited (ESL)
- Creative Enzymes
- E. I. du Pont de Nemours and Company
- Genencor (Danisco A/S)
- AB Enzymes GmbH
- Aumgene Biosciences.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 200 |
| Published | March 2024 |
| Forecast Period | 2023 - 2034 |
| Estimated Market Value ( USD | $ 0.6 Billion |
| Forecasted Market Value ( USD | $ 1.2 Billion |
| Compound Annual Growth Rate | 6.5% |
| Regions Covered | Global |
| No. of Companies Mentioned | 15 |
