Protease Enzyme Market

Protease Enzyme Market Outlook (2022 to 2032)

All forms of life on Earth, including prokaryotes, fungi, plants, and mammals, depend on proteases for survival. However, since they have practically all of the desired properties for their biotechnological uses, proteolytic enzymes from microbial sources are favored over those from plant and animal sources. Therefore, microbial proteases are one of the major subgroups of commercial enzymes and makeup over 60% of all industrial enzyme sales globally.

The global market for industrial enzymes is increasing from year to year, it constitutes the largest product segment in the global industrial enzymes sales in various industrial market sectors such as detergent, food, pharmaceutical, leather, diagnostics, waste management, and silver recovery.

There is considerable variance in the worldwide requirement of enzymes according to industrial proliferation. Microorganisms are the largest sources of protease enzymes, and, with the help of an established method of fermentation, they can be cultured in large quantities in a short period of time.

In terms of production, microbial proteases hold the first position among other sources as the extraction of from plants and animals is time-consuming and the yield is comparatively low. Growing advancements in pharmaceuticals have fuelled the demand over the years. Hence, the global market is expected to register growth in the future.

What are the factors impacting growth?

Protease is an enzyme that catalyzes hydrolytic reactions of long peptide bonds during digestion. Due to its catalytic activity, it has extensive applications in most industries. Protease enzyme is used for a variety of applications, largely in the pharmaceutical and detergent industries followed by the food industry. In view of the current developing environmentally friendly technologies, the protease enzyme has widespread applications in leather treatment and several bio-mediation processes.

There is now more interest in microbial proteases due to the inability of plant and animal proteases to satisfy the needs of the modern world. Due to their extensive metabolic variety and genetic vulnerability, microorganisms make a great supply of enzymes. As a result, proteases generated from microbial sources are favoured over those from plant and animal sources.

Consumer preferences for organic and chemical-free alternatives to driving the market.

As a natural ingredient and a decent substitute for chemical additions, protease enzyme. One of the most popular options among major producers of detergents and cleaning supplies is the protease enzyme. Because it addresses a variety of medical conditions including the heart, lungs, digestive system, abnormalities of the eyes, pain, and skin ulcers, it is utilized in pharmaceutical businesses in greater quantities.

It is also used as an ingredient in detergents as a stain remover. Its use has replaced the use of chemicals that are used in detergents and in the food processing industries to enhance fermentation. Other food applications include seafood processing, animal protein processing, yeast hydrolysis, etc.

Apart from these, this has a maximum contribution in the textile industries, feed mills, and leather industries. More than half of the market share is contributed by the protease enzyme for detergents and pulp manufacturing. Owing to these factors, the global market is expected to grow significantly in terms of value and volume during the forecasted period.

Regional Outlook

This enzyme is predominantly extracted and processed in North America due to an increase in the number of pharmaceuticals and detergent industries. In Europe, it is highly consumed in chemical industries for the preparation of cleaning solutions.

In the regions of Asia Pacific, it is being used in food processing industries in higher quantities. In Latin America, the enzyme is utilized in pharmaceuticals. However, in the Middle East, it is minimally used due to growing economic conditions. Due to escalating demand and distribution, the growth of the global protease market is expected to remain positive over the forecast period.

What are opportunities waiting for manufacturers in the market?

As it’s been used as a key constituent in multiple industries including pharmaceuticals, chemical industries, biotechnology laboratories, cosmetics, and others, it is estimated that the demand will increase rapidly. Product developers and manufacturers are showing keen interest in it due to increased demand over the years. Hence, it can be deduced that there will be greater market opportunities and higher returns for those investing in the market.

Global Protease Enzyme: Market Segmentation

 

• By Product :

  • Animal
    • Trypsin
    • Renin
    • Pepsin
    • Others
  • Plant
    • Papain
    • Bromelain
    • Others
  • Microbial
    • Alkaline
    • Acid stable
    • Neutral
    • Others

• By Application :

  • Food
  • Feed
  • Chemical
  • Leather
  • Textile
  • Pharmaceuticals
  • Cosmetics & Personal care
  • Others

• By Source :

  • Powder
  • Liquid
  • Gel

• By Region :

• North America
• Latin America
• Western Europe
• Eastern Europe
• Asia Pacific
• Japan
• Middle East and Africa