Global Enzymes Market Overview
Enzymes are biocatalysts. They are used to accelerate the reaction and yield the desired results in biological reactions. Enzymes have gained a special attention in recent years due to its wide applications. They are proteinaceous in nature. They are involved in food and animal feed, pharmaceuticals and biotechnology R&D, textiles and detergents, manufacturing industries, and others (leather processing, paper and pulp processing, and agriculture). Their application in the manufacturing processes, results in significant cost reductions. Further, due to limited energy consumption and better substrate activity, has led to the expansion of enzymes industry worldwide.
Global Enzymes Market Dynamics
High demand for effective enzymes
Enzymes play a key role in production and development of nutritious food and beverage products. Customized enzyme solutions and branded products are used in the processing of cheese, fruit and vegetable, protein, fats and oils, and grains, coupled with various other industries such as dairy, brewing, baking, and cereal extraction. Specialized solutions help food manufacturers to enhance the quality, produce higher yield, of final products, optimize resources, decrease costs, lower environmental pollution, and reduce wastage.
Rising investments in research and biotechnology sector
Growing investments in research and biotechnology sector for introducing new medicines and diagnostic solutions is one of the key factors boosting the global enzymes market. Rising demand for medicinal drugs, strong extensive research activities and funding initiatives, are projected to propel this sector, which, in turn, is likely to drive the product demand over the forecast period. R&D centers of various companies focus on development, evaluation, upscaling, validation of technologies, and innovative enzyme formulation for human welfare as well as commercial processing. These research centers have industrialized proficiency in the expression and cloning of industrial enzymes in safe and suitable microbial hosts.
However, factors such as high sensitivity of enzymes to temperature & pH and handling & safety issues of enzymes may limit the growth of the target market.
Global Enzymes Market Segmentation
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.
The global enzymes market is segmented based on type, source, reaction type, application, and region.
On the basis of type, the global enzymes market is segmented into protease, carbohydrase, lipase, polymerase and nuclease, and other types. Based on source, the target market is segmented into microorganisms, plants, and animals. On the basis of reaction type, that target market is bifurcated into hydrolase, oxidoreductase, transferase, lyase, and other reaction types. Based on application, the target market is segmented into food and beverages, household care, bioenergy, pharmaceutical and biotechnology, feed, and other applications
Regional Insights:
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.
On region the global enzymes market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is a dominate region owing to strong presence of several end-use industries coupled with high scope for research and development activities in the major countries of the region. Several initiatives has been adopted by the U.S. government to promote the production of biofuels including cellulosic biofuels, biodiesel, and advanced biofuels. The government had launched Renewable Fuel Standards (RFS1 and RFS 2) program in 2005, which aims on promoting the use of alternative fuel and decreasing greenhouse emissions. These government initiatives along with growing production of biofuels in U.S. are projected to drive the growth in the coming years.
Report Scope:
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Attribute |
Details |
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Base year for estimation |
2019 |
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Forecast period |
2019 – 2027 |
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Market representation |
Revenue in USD Million & CAGR from 2019 – 2027 |
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Market Segmentation |
By Type- Protease, Carbohydrase, Lipase, Polymerase and Nuclease, and Other Types By Source– Microorganisms, Plants, and Animals By Reaction Type- Hydrolase, Oxidoreductase, Transferase, Lyase, and Other Reaction Types By Application- Food and Beverages, Household Care, Bioenergy, Pharmaceutical and Biotechnology, Feed, and Other Applications |
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Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
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Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2027. For the purpose of this study, has segmented the global Enzymes market report based on type, source, reaction type, application, and region.
Global Enzymes Market, By Type:
- Protease
- Carbohydrase
- Lipase
- Polymerase and Nuclease
- Other Types
Global Enzymes Market, By Source:
- Microorganisms
- Plants
- Animals
Global Enzymes Market, By Reaction Type:
- Hydrolase
- Oxidoreductase
- Transferase
- Lyase
- Other Reaction Types
Global Enzymes Market, By Application:
- Food and Beverages
- Household Care
- Bioenergy
- Pharmaceutical and Biotechnology
- Feed
- Other Applications
Global Enzymes Market, By Region:
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- North America
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- U.S.
- Canada
-
- Europe
-
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
-
- Asia Pacific
-
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
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- Latin America
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- Brazil
- Mexico
- Rest of Latin America
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- Middle East & Africa
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- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
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- North America
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Global Enzymes Market Key Players
The key players operating the global enzymes market includes Novozymes A/S, Koninklijke DSM N.V., Advanced Enzyme Technologies Ltd., DowDuPont Inc., BASF SE, AB Enzymes GmbH, Codexis, Inc., Amano Enzyme, Inc., F. Hoffmann-La Roche Ltd., BBI Enzymes Ltd., and Thermo Fisher Scientific Inc. The raw material manufacturers and suppliers have significant opportunities to provide high-quality and uniform products through a reviewed supply chain. Manufacturing process plays a significant role in influencing the quantity and quality of the enzymes. Collaborators involved in fair trade production and practices are the key factors boosting the industry growth. For instance, in 2019, Novozymes has launched a new toolbox to guide producers to expand their businesses into oat drinks. It offers an insights into how to use and combine enzymes, raw material and production parameters to adjust sweetness, mouthfeel and nutritional profile in oat drinks.
Global Enzymes Market Company Profile
- Novozymes A/S
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Koninklijke DSM N.V.
- Advanced Enzyme Technologies Ltd.
- DowDuPont Inc.
- BASF SE
- AB Enzymes GmbH
- Codexis, Inc.
- Amano Enzyme, Inc.
- F. Hoffmann-La Roche Ltd.
- BBI Enzymes Ltd.
- Thermo Fisher Scientific Inc.
“*” marked represents similar segmentation in other categories in the respective section
Global Enzymes Market Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Purview
- Executive Summary
- Key Findings—Global Outlook for Enzymes Strategies
- Key Questions this Study will Answer
- Market Snippet, By Type
- Market Snippet, By Source
- Market Snippet, By Reaction Type
- Market Snippet, By Application
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Global Enzymes Market, By Type, 2019 – 2027, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2027
- Y-o-Y Growth Analysis (%), 2019 – 2027
- Segment Trends
- Protease
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2027
- Carbohydrase
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2027
- Lipase
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2027
- Polymerase and Nuclease
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2027
- Other Types
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2027
- Overview
- Global Enzymes Market, By Source, 2019 – 2027, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2027
- Y-o-Y Growth Analysis (%), 2019 – 2027
- Segment Trends
- Microorganisms
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2027
- Plants
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2027
- Animals
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2027
- Overview
- Global Enzymes Market, By Reaction Type, 2019 – 2027, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2027
- Y-o-Y Growth Analysis (%), 2019 – 2027
- Segment Trends
- Hydrolase
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2027
- Oxidoreductase
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2027
- Transferase
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2027
- Lyase
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2027
- Other Reaction Types
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2027
- Overview
- Global Enzymes Market, By Application, 2019 – 2027, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2027
- Y-o-Y Growth Analysis (%), 2019 – 2027
- Segment Trends
- Food and Beverages
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2027
- Household Care
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2027
- Bioenergy
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2027
- Pharmaceutical and Biotechnology
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2027
- Feed
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2027
- Other applications
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2027
- Overview
- Global Enzymes Market, By Region, 2019 – 2027, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2027
- Y-o-Y Growth Analysis (%), 2019 – 2027
- Regional Trends
- North America
- Market Size and Forecast (US$ Mn), By Type, 2019 – 2027
- Market Size and Forecast (US$ Mn), By Source, 2019 – 2027
- Market Size and Forecast (US$ Mn), By Reaction Type, 2019 – 2027
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2027
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2027
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Mn), By Type, 2019 – 2027
- Market Size and Forecast (US$ Mn), By Source, 2019 – 2027
- Market Size and Forecast (US$ Mn), By Reaction Type, 2019 – 2027
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2027
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2027
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Mn), By Type, 2019 – 2027
- Market Size and Forecast (US$ Mn), By Source, 2019 – 2027
- Market Size and Forecast (US$ Mn), By Reaction Type, 2019 – 2027
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2027
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2027
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Mn), By Type, 2019 – 2027
- Market Size and Forecast (US$ Mn), By Source, 2019 – 2027
- Market Size and Forecast (US$ Mn), By Reaction Type, 2019 – 2027
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2027
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2027
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Mn), By Type, 2019 – 2027
- Market Size and Forecast (US$ Mn), By Source, 2019 – 2027
- Market Size and Forecast (US$ Mn), By Reaction Type, 2019 – 2027
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2027
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2027
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
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- Novozymes A/S
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategies
- Koninklijke DSM N.V.
- Advanced Enzyme Technologies Ltd.
- DowDuPont Inc.
- BASF SE
- AB Enzymes GmbH
- Codexis, Inc.
- Amano Enzyme, Inc.
- F. Hoffmann-La Roche Ltd.
- BBI Enzymes Ltd.
- Thermo Fisher Scientific Inc.
- Novozymes A/S
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- The Last Word
- Future Impact
- About Us
- Contact
FAQs
The enzymes market accounted for US$ 9.9 billion in 2019 and is estimated to be 10.5 billion by 2026 and is anticipated to register a CAGR of 7.1%.
The market report has been segmented on the basis of type, source, reaction type, application, and region.
The Enzymes Market is driven by factors such as the increasing demand for enzymes in various industries, including food and beverage, pharmaceuticals, and biofuels, due to their catalytic properties, environmental sustainability, and broad applications.
The high production costs of enzymes, regulatory constraints, and the need for continuous research and development, acting as potential restraints for the Enzymes Market globally.
North America, Europe, Asia-Pacific, and Latin America. North America is expected to dominate the Enzymes Market, driven by the presence of major players, technological advancements, and the widespread use of enzymes in various industries in the region.
The prominent player operating in the global enzymes market includes Novozymes A/S, Koninklijke DSM N.V., Advanced Enzyme Technologies Ltd., DowDuPont Inc., BASF SE, AB Enzymes GmbH, Codexis, Inc., Amano Enzyme, Inc., F. Hoffmann-La Roche Ltd., BBI Enzymes Ltd., and Thermo Fisher Scientific Inc.