Global Catalase Market - 2021-2028
Market Overview
Catalase is a widespread enzyme that catalyzes the breakdown of hydrogen peroxide to water and oxygen in practically all living creatures exposed to oxygen (such as bacteria, plants, and animals). It is a crucial enzyme in protecting the cell against oxidative damage caused by reactive oxygen species (ROS).
The global catalase market size was valued US$ XX million in 2020 and is estimated to reach US$ XX million by 2028, growing at a CAGR of XX % during the forecast period (2021-2028).
Market Dynamics
Driver:
Catalase aids in improving product quality and extending product shelf life. As a result, the need for catalase in the food and beverage industry has increased. The use of catalase in cheese and food wrappers has resulted in a huge increase in demand in these industries. It is frequently utilized as an antioxidant due to its antioxidant properties. Catalase is also employed in the wastewater treatment process, which increases market demand. Moreover, the public's growing interest in personal care has resulted in a demand for catalase for aesthetic treatments. Therefore, from the above statements, the market is expected to drive in the forecast period.
Restraint:
Temperature degradation, pH variations, salt concentration, and inhibitors or activators are all factors that influence the enzyme. Moreover, it damages cell membranes, causes discomfort, causes greying of hair, and promotes lipid peroxidation, which leads to high cholesterol levels, diabetes, and heart attacks. Also, the market is likely to be restricted in the forecast period by factors such as precise storage and handling and high production costs.
COVID-19 Impact Analysis
The COVID-19 pandemic is expected to impact the catalase market positively. Currently, there is a lack of specific antiviral agents to treat COVID-19 and no preventive vaccine. Catalase, a naturally occurring enzyme widely used in food production and as a dietary supplement, can be a low-cost therapeutic medication for treating COVID-19 illness symptoms and suppressing SARS-CoV-2 virus multiplication inside the body. Moreover, research suggests that this enzyme could be a very efficient therapeutic approach for treating SARS-CoV-2-related hyper inflammation in general. Therefore, from the above statements, the market is expected to boost in the forecast period.
Segment Analysis
Animal segment is expected to hold the largest market share in catalase market.
The animal segment accounted for the largest market share in 2020. Catalase is a very common enzyme that is present in almost all organisms that are exposed to oxygen. The purpose of catalase in living cells is to protect them from oxidative damage, which can occur when cells or other molecules in the body come into contact with oxidative compounds.
Catalase is found in the peroxisome, a cell organelle. Peroxisomes are involved in the oxidation of fatty acids and the creation of cholesterol and bile acids in animal cells. Fatty acid oxidation produces hydrogen peroxide as a byproduct. To fight bacteria, white blood cells release hydrogen peroxide. In both circumstances, catalase protects the cell from the harmful effects of hydrogen peroxide. In animals, the bovine liver has been widely manufactured by key players. For instance, Sigma Aldrich manufactures catalase from the bovine liver in aqueous suspension and lyophilized powder form. Catalase from the bovine liver has been used for measuring the hydrogen peroxide content in cancer tissue homogenates. Therefore, the market is expected to hold the largest market share in the forecast period.
Geographical Analysis
North America region holds the largest market share in the global catalase market
In 2020, North America accounted for the highest revenue share. It can be attributed to the increasing prevalence of cardiovascular disease and certain types of cancer, the growing inclination of consumers towards adopting natural products is expected to boost the market in the forecast period. For instance, the purpose of catalase in living cells is to protect them from oxidative damage. But prolonged oxidative stress leads to an increased risk of negative health outcomes, such as cardiovascular disease and other cancers. According to the Centers for Disease Control and Prevention, Coronary heart disease is the most common type of heart disease, killing 360,900 people in 2019. About 18.2 million adults age 20 and older have CAD (about 6.7%). About 2 in 10 deaths from CAD happen in adults less than 65 years old. Therefore, it has increased the demand for catalase in the region, due to which the market is expected to hold the largest market share in the forecast period.
Competitive Landscape
Major key players in the catalase market are MP Biomedicals LLC , Sigma-Aldrich Co. LLC, Megazyme Inc., BioCat GmbH, LifeSpan BioSciences, Inc, Biocatalysts Limited, Novozymes, Sekisui Diagnostics LLC, Haihang Industry Co., Ltd. and EUCODIS Bioscience GmbH.
Novozymes:
Overview:
Novozymes A/S, based in Copenhagen, Denmark, is a multinational biotechnology company. It focuses on industrial enzymes, microbes, and biopharmaceutical components for research, development, and production. China, India, Brazil, Argentina, the United Kingdom, the United States, and Canada are among the company's global operations.
Product Portfolio:
Catazyme: Catazyme is a high-quality catalase for animal protein extraction. In any application where hydrogen peroxide is utilized, it is used to eliminate the remaining hydrogen peroxide. Pasteurization, bleaching, odor reduction, and more uses are possible.
Why Purchase the Report?
• Visualize the composition of the global catalase market segmentation by source, type, end users and region highlighting the key commercial assets and players.
• Identify commercial opportunities in global catalase market by analyzing trends and co-development deals.
• Excel data sheet with thousands of data points of global catalase market- level 4/5 segmentation.
• PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
• Product mapping in excel for the key product of all major market players
The global catalase market report would provide an access to an approx.45+ market data table, 40+ figures and 180pages.
Target Audience
• Service Providers/ Buyers
• Industry Investors/Investment Bankers
• Education & Research Institutes
• Research Professionals
• Emerging Companies
• Manufacturers
Market Segmentation
Global Catalase Market – By Source
• Animals
o Bovine liver
o Pig liver
o Horse liver
o Others
• Microorganisms
o Aspergillus niger
o Micrococcus luteus
o Others
• Plants
o Potato tubers
o Castor bean endosperm
o Spinach leaves
o Others
• Others
Global Catalase Market – By Type
• Powder
• Liquid
• Others
Global Catalase Market – By End users
• Textile Industry
• Food and Beverage Industry
• Pharmaceuticals
• Personal Care
• Others
Global Catalase Market - By Region
• North America
• South America
• Europe
• Asia Pacific
• Middle East & Africa
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