Industrial Enzyme Market
Industrial Enzyme Market Study by Carbohydrases, Proteases, and Lipases for Technical, Feed Additives, and Food Processing from 2024 to 2034
Analysis of Industrial Enzyme Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Industrial Enzyme Market Outlook (2024 to 2034)
The global industrial enzyme market is calculated at a size of US$ 6.71 billion in 2024. Projected to increase at a CAGR of 3.9%, worldwide sales of industrial enzymes are expected to reach US$ 9.84 billion by 2034-end.
Demand for carbohydrases is increasing due to their high thermal stability, as well as their growing acceptance in food and biofuel industries. Enzyme manufacturers now have the option of producing the required quantity of enzymes in designated production hosts such as transgenic plants and microorganisms, owing to technological advancements such as genetic engineering. On a commercial scale, enzymes are produced utilizing appropriate microorganisms such as bacterial enzymes, fungal enzymes, and yeast enzymes.
Nuclease enzymes are commonly used to aid industrial processes and product manufacturing. Rapid deployment of industrial enzymes for product quality improvement is driving the overall market growth. Rising demand for industrial enzymes from end-use sectors such as biofuels, household cleaning, animal feed, and food & beverages is expected to boost revenue growth of key market players during the forecast period.
East Asia is projected to accounts for 25.1% of the global industrial enzyme market share by 2034, owing to growing demand from the healthcare, food & beverage, and chemical sectors.
Presence of the prominent companies, rising demand for yeast enzymes, and increasing applications in textile processing are further boosting the sales of industrial enzymes in the region.
- The North American industrial enzyme market size is approximated at US$ 1.29 billion in 2024.
Report Attribute | Detail |
---|---|
Industrial Enzyme Market Size (2024E) | US$ 6.71 Billion |
Forecasted Market Value (2034F) | US$ 9.84 Billion |
Global Market Growth Rate (2024 to 2034) | 3.9% CAGR |
South Korea Market Value (2034F) | US$ 355.1 Million |
Protease Demand Growth Rate (2024 to 2034) | 3.9% CAGR |
Key Companies Profiled |
AB Enzymes; Specialty Enzymes and Biotechnologies; Dyadic International; Lumis Biotech; Novozymes; BASF SE; Biocatalysts; BioResource International Inc.; Roche; Enzymatic Deinking Technologies; Dow Chemical; Enmex; Creative Enzymes; Enzyme Development Corporation; Advanced Enzyme Technologies; Amano Enzyme Inc.; Enzyme Supplies Limited. |
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Why is Consumption of Industrial Enzymes Gaining Traction?
“Sustainability Trend & Growing Demand for Eco-friendly Products Pushing Demand for Clean-label Enzymes”
Growing demand for sustainable and renewable products is opening growth opportunities for industrial enzyme producers. Enzymatic hydrolysis is an important phase in the bioethanol manufacturing process, as it is where fermented sugars are obtained in the final fermentation process.
Biotechnology-based enzymes have long been recognized as a viable alternative to traditional chemicals and as a means of addressing issues associated with synthetic chemicals. Synthetic chemicals employed in industrial operations are hazardous to the environment.
Microorganisms-based enzymes, such as carbohydrases, have no negative environmental impact because they work under moderate settings, lowering energy usage and greenhouse gas emissions. Benzoate-free enzymes are utilized to boost the nutritional content of food and feed. Enzymes reduce water use, chemical waste, and by-product formation while offering little danger to humans and the environment. Plant-derived enzymes are thought to be cost-effective, safe, and environmentally friendly.
“Nanotechnology and Immobilization Technologies Increasing Application Areas of Industrial Enzymes”
Integration of nanotechnology coupled with immobilization is emerging as a notable industrial enzyme trend, which is set to boost the revenue growth of key producers in the coming ten years. Immobilization tactic includes the fixing or entrapping enzymes within solid support materials.
In sectors such as medical, food, and pharma the enzyme immobilization aids in easy and smooth recovery of both the enzyme and support materials. Cellulose enzymes are finding several applications such as in color extractions from fruit juices and pulps, color brightener and softener in detergent industry, and in treatment of biomass to improve the nutritional value of food.
What is Expected to Adversely Affect the Market for Industrial Enzymes?
“Fluctuations in Raw Material Prices and Sensitivity of Enzymes to Temperature & pH”
Contamination of industrial enzymes with other chemical components found in food and beverages might disrupt the chemical process, resulting in significant waste. As a result, the costs associated with using enzymes as a raw material increases. The high cost of raw materials needed in the production of industrial enzymes further impacts the prices of enzyme-based products.
Industrial enzyme market growth is also expected to be hampered by the high sensitivity of enzymes to temperature and pH, as well as product management security concerns. The lack of transparency in patent rules in certain countries is also anticipated to impact the industrial enzyme sales growth.
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Start-Up Ecosystem
- Perseo Pharma is a Swiss start-up that offers an enzyme platform technology 'Enzzen'. This technology aids in the manufacturing of enzymes with easily tunable size, structure, and property.
- Zymvol a Spanish start-up offers molecular modeling software for enzyme discovery and optimization. This software can produce tailor-made enzymes.
- Quantumzyme is an Indian start-up that offers flavor and fragrance enzymes for food and beverage industry.
Country-wise Analysis
What’s Augmenting Industrial Enzyme Sales in the United States?
“Increasing Use of Specialized Enzyme Solutions in Biofuel Production”
Attribute | United States |
---|---|
Market Value (2024E) | US$ 941.1 Million |
Growth Rate (2024 to 2034) | 3.4% CAGR |
Projected Value (2034F) | US$ 1.31 Billion |
Consumption of industrial enzymes is increasing in the United States due to their rising use in the food processing industry. Growing use of biofuels is further driving the demand for specialized enzyme solutions in the United States.
Why are Industrial Enzyme Manufacturers Focusing on China?
“Rising Biotech Investments Leading to Production of Innovative Enzyme Products”
Attribute | China |
---|---|
Market Value (2024E) | US$ 872.1 Million |
Growth Rate (2024 to 2034) | 4.9% CAGR |
Projected Value (2034F) | US$ 1.4 Billion |
China is considered as big market for industrial enzyme producers due to the presence of strong industries such as food processing, pharma, and paper and pulp. Increasing demand for carbohydrase enzymes and protease enzymes in pharmaceutical and food applications are driving the market growth in China. Furthermore, the increasing investments in biotech sector are leading to the introduction of more effective enzyme goods.
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Category-wise Analysis
Which Types of Industrial Enzyme is Preferred across End-use Industries?
“Cost-effectiveness Increasing Use of Carbohydrases”
Attribute | Carbohydrases |
---|---|
Segment Value (2024E) | US$ 2.99 Billion |
Growth Rate (2024 to 2034) | 4.2% CAGR |
Projected Value (2034F) | US$ 4.5 Billion |
Carbohydrases, proteases, and lipases are some of the types of industrial enzymes. Carbohydrase enzymes have both food and industrial applications. Carbohydrases are set to account for 45.8% of the global market share by 2034. Carbohydrases are largely used in the food and beverage industry for the production of fruit drinks, wine, and dairy products.
Carbohydrases are also used in the production of detergents, textiles, and leather, as well as bioethanol. Carbohydrases have advantages in a variety of industrial applications due to their inexpensive cost, reduced time and space requirements, and simplicity of modification and optimization. Carbohydrases support the breakdown of carbs and simple sugars in both the human body and processed foods. Carbohydrases also reduce the number of harmful ingredients in packaged foods.
Why are Industrial Enzymes Exhibiting Increasing Use in Food Processing?
“Growing Demand for Organic and High-Quality Food Products Driving Use of Clean-Label Enzymes”
Attribute | Food Processing |
---|---|
Segment Value (2024E) | US$ 5 Billion |
Growth Rate (2024 to 2034) | 4% CAGR |
Projected Value (2034F) | US$ 7.55 Billion |
Enzymes are widely used in food processing industry. For centuries they are witnessing applications in cheese production, dough leavening, and beer brewing.
Quest for high-quality food with natural flavor and taste are becoming a popular trend among today's consumers. Consumers benefit from the continuous enhancements of drinks and other items. The use of dairy enzymes in the food and beverage sector is steadily expanding as new products are developed. The consumption of lipase enzymes is driven by their increasing use in packaged foods and beverages. By using fruit and vegetable-derived enzymes, food and beverage businesses can improve the quality of their end products, boost yield, optimize resources, lower the product prices, cut emissions, and eliminate waste.
Competitive Landscape
Industrial enzyme manufacturing companies are pursuing the quick adoption of innovative technologies to improve their product quality. Key players in the industrial enzyme market are boosting their revenue growth through strategic initiatives such as mergers, partnerships, new product launches, and acquisitions.
- In 2023, Novozymes invested in a new UV technology from Danish Lyras. This system is expected to boost the work environment of industrial enzyme producers by mitigation the energy consumption.
- In 2021, Novozymes and Novo Nordisk Pharmatech partnered to develop best-in-class technical enzymes to support biopharmaceutical production solutions.
Fact.MR provides detailed information about the price points of key providers of industrial enzymes positioned across the world, sales growth, production capacity, and speculative technological expansion, in the recently updated market report.
Key Segments of Industrial Enzyme Market Research
-
By Product Type :
- Carbohydrases
- Proteases
- Lipases
- Others
-
By Application :
- Technical
- Feed Additives
- Food Processing
-
By End-use Industry :
- Food & Beverages
- Detergents
- Animal Feed
- Personal Care & Cosmetics
- Nutraceuticals
- Textiles
- Others
-
By Region :
- North America
- Latin America
- Western Europe
- Eastern Europe
- East Asia
- South Asia & Pacific
- Middle East & Africa
- FAQs -
What is the market size of industrial enzymes in 2024?
The global industrial enzyme market is evaluated at US$ 6.7 billion in 2024.
How much is the estimated demand growth for industrial enzymes?
Demand for industrial enzymes is foreseen to increase at a CAGR of 3.9% from 2024 to 2034.
What are the projected sales of industrial enzymes for 2034?
Sales of industrial enzymes are forecasted to reach US$ 9.84 billion by 2034.
Which region holds leading market share in 2024?
East Asia is estimated to hold 22.3% of the global market share in 2024.
How fast are sales of industrial enzymes rising in South Korea?
The market in South Korea is forecasted to rise at a CAGR of 8.7% during the next 10 years.
Which type of industrial enzyme is most widely consumed?
Carbohydrase sales are evaluated at US$ 2.99 billion in 2024.
Who are the world’s leading producers of industrial enzymes?
Novozymes, BASF SE, Biocatalysts, and BioResource International Inc. are some of the leading producers of industrial enzymes.
Which are the three main industries that use enzymes?
Key consumers of industrial enzymes are food processing, pharma, and textiles.
Which are the most valuable industrial enzymes?
Proteases and amylases are some of the most consumed enzymes in industries such as food and textiles.