
Enzymes Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Description
Enzymes Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Overview:
The global enzymes market size reached US$ 12.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 18.1 Billion by 2028, exhibiting a growth rate (CAGR) of 6.06% during 2023-2028.
Enzymes are biological catalysts that accelerate the rate of a chemical reaction in the cell. They help build metabolism and break down fats, proteins and carbohydrates to support digestion. They also assist in building muscles, nerve function, and removing toxins from the body. In addition, they aid in the conservation and transformation of chemical energy, construction of cellular macromolecules from smaller precursors, and prevention of diseases, such as albinism and phenylketonuria. As enzymes are used in the fermenting of wine, leavening of bread, curdling of cheese, and brewing of beer, they find extensive applications in food and beverage (F&B), bioenergy, pharmaceutical, and biotechnology industries across the globe.
Enzymes Market Trends:
The growing demand for enzymes in the pharmaceutical industry to synthesize intermediates in active pharmaceutical ingredient (API) production for effective medications represents one of the key factors driving the market. Moreover, there is a rise in the utilization of enzymes in the food and beverage (F&B) industry to convert starch into glucose. This, along with the increasing application of enzymes in protein engineering technology, is strengthening the growth of the market. In addition, there is a rise in the employment of enzymes to produce biofuels as it is less energy-intensive and more environmental-friendly. This, coupled with the growing demand for renewable energy sources like biofuels, is positively influencing the market. Besides this, the escalating demand for enzymes in detergents to remove fats and oil stains is offering lucrative growth opportunities to industry investors. Apart from this, the rising usage of enzymes in the paper and pulp industry to improve bleaching properties is projected to bolster the growth of the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global enzymes market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, source, reaction type and application.
Breakup by Type:
Protease
Carbohydrase
Lipase
Polymerase and Nuclease
Others
Breakup by Source:
Microorganisms
Plants
Animals
Breakup by Reaction Type:
Hydrolase
Oxidoreductase
Transferase
Lyase
Others
Breakup by Application:
Food and Beverages
Household Care
Bioenergy
Pharmaceutical and Biotechnology
Feed
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Advanced Enzyme Technologies Limited, Amano Enzyme Inc., Associated British Foods plc, Aumgene Biosciences, BASF SE, Chr. Hansen Holding A/S, Codexis Inc., DuPont de Nemours Inc., Koninklijke DSM N.V., Novozymes A/S, Novus International Inc. (Mitsui & Co. Ltd.) and Thermo Fisher Scientific Inc.
Key Questions Answered in This Report:
How has the global enzymes market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global enzymes market?
What are the key regional markets?
What is the breakup of the market based on the type?
What is the breakup of the market based on the source?
What is the breakup of the market based on the reaction type?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global enzymes market and who are the key players?
What is the degree of competition in the industry?
Table of Contents
147 Pages
- 1 Preface
- 2 Scope and Methodology
- 2.1Objectives of the Study
- 2.2Stakeholders
- 2.3Data Sources
- 2.3.1Primary Sources
- 2.3.2Secondary Sources
- 2.4Market Estimation
- 2.4.1Bottom-Up Approach
- 2.4.2Top-Down Approach
- 2.5Forecasting Methodology
- 3 Executive Summary
- 4 Introduction
- 4.1Overview
- 4.2Key Industry Trends
- 5 Global Enzymes Market
- 5.1Market Overview
- 5.2Market Performance
- 5.3Impact of COVID-19
- 5.4Market Forecast
- 6 Market Breakup by Type
- 6.1Protease
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2Carbohydrase
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3Lipase
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4Polymerase and Nuclease
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 6.5Others
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
- 7 Market Breakup by Source
- 7.1Microorganisms
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2Plants
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3Animals
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 8 Market Breakup by Reaction Type
- 8.1Hydrolase
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2Oxidoreductase
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3Transferase
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4Lyase
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5Others
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
- 9 Market Breakup by Application
- 9.1Food and Beverages
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2Household Care
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3Bioenergy
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
- 9.4Pharmaceutical and Biotechnology
- 9.4.1 Market Trends
- 9.4.2 Market Forecast
- 9.5Feed
- 9.5.1 Market Trends
- 9.5.2 Market Forecast
- 9.6Others
- 9.6.1 Market Trends
- 9.6.2 Market Forecast
- 10 Market Breakup by Region
- 10.1North America
- 10.1.1 United States
- 10.1.1.1 Market Trends
- 10.1.1.2 Market Forecast
- 10.1.2 Canada
- 10.1.2.1 Market Trends
- 10.1.2.2 Market Forecast
- 10.2Asia-Pacific
- 10.2.1 China
- 10.2.1.1 Market Trends
- 10.2.1.2 Market Forecast
- 10.2.2 Japan
- 10.2.2.1 Market Trends
- 10.2.2.2 Market Forecast
- 10.2.3 India
- 10.2.3.1 Market Trends
- 10.2.3.2 Market Forecast
- 10.2.4 South Korea
- 10.2.4.1 Market Trends
- 10.2.4.2 Market Forecast
- 10.2.5 Australia
- 10.2.5.1 Market Trends
- 10.2.5.2 Market Forecast
- 10.2.6 Indonesia
- 10.2.6.1 Market Trends
- 10.2.6.2 Market Forecast
- 10.2.7 Others
- 10.2.7.1 Market Trends
- 10.2.7.2 Market Forecast
- 10.3Europe
- 10.3.1 Germany
- 10.3.1.1 Market Trends
- 10.3.1.2 Market Forecast
- 10.3.2 France
- 10.3.2.1 Market Trends
- 10.3.2.2 Market Forecast
- 10.3.3 United Kingdom
- 10.3.3.1 Market Trends
- 10.3.3.2 Market Forecast
- 10.3.4 Italy
- 10.3.4.1 Market Trends
- 10.3.4.2 Market Forecast
- 10.3.5 Spain
- 10.3.5.1 Market Trends
- 10.3.5.2 Market Forecast
- 10.3.6 Russia
- 10.3.6.1 Market Trends
- 10.3.6.2 Market Forecast
- 10.3.7 Others
- 10.3.7.1 Market Trends
- 10.3.7.2 Market Forecast
- 10.4Latin America
- 10.4.1 Brazil
- 10.4.1.1 Market Trends
- 10.4.1.2 Market Forecast
- 10.4.2 Mexico
- 10.4.2.1 Market Trends
- 10.4.2.2 Market Forecast
- 10.4.3 Others
- 10.4.3.1 Market Trends
- 10.4.3.2 Market Forecast
- 10.5Middle East and Africa
- 10.5.1 Market Trends
- 10.5.2 Market Breakup by Country
- 10.5.3 Market Forecast
- 11 SWOT Analysis
- 11.1Overview
- 11.2Strengths
- 11.3Weaknesses
- 11.4Opportunities
- 11.5Threats
- 12 Value Chain Analysis
- 13 Porters Five Forces Analysis
- 13.1Overview
- 13.2Bargaining Power of Buyers
- 13.3Bargaining Power of Suppliers
- 13.4Degree of Competition
- 13.5Threat of New Entrants
- 13.6Threat of Substitutes
- 14 Price Analysis
- 15 Competitive Landscape
- 15.1Market Structure
- 15.2Key Players
- 15.3Profiles of Key Players
- 15.3.1Advanced Enzyme Technologies Limited
- 15.3.1.1 Company Overview
- 15.3.1.2 Product Portfolio
- 15.3.1.3 Financials
- 15.3.2Amano Enzyme Inc.
- 15.3.2.1 Company Overview
- 15.3.2.2 Product Portfolio
- 15.3.3Associated British Foods plc
- 15.3.3.1 Company Overview
- 15.3.3.2 Product Portfolio
- 15.3.3.3 Financials
- 15.3.3.4 SWOT Analysis
- 15.3.4Aumgene Biosciences
- 15.3.4.1 Company Overview
- 15.3.4.2 Product Portfolio
- 15.3.5BASF SE
- 15.3.5.1 Company Overview
- 15.3.5.2 Product Portfolio
- 15.3.5.3 Financials
- 15.3.5.4 SWOT Analysis
- 15.3.6Chr. Hansen Holding A/S
- 15.3.6.1 Company Overview
- 15.3.6.2 Product Portfolio
- 15.3.6.3 Financials
- 15.3.6.4 SWOT Analysis
- 15.3.7Codexis Inc.
- 15.3.7.1 Company Overview
- 15.3.7.2 Product Portfolio
- 15.3.7.3 Financials
- 15.3.7.4 SWOT Analysis
- 15.3.8DuPont de Nemours Inc.
- 15.3.8.1 Company Overview
- 15.3.8.2 Product Portfolio
- 15.3.8.3 Financials
- 15.3.8.4 SWOT Analysis
- 15.3.9Koninklijke DSM N.V.
- 15.3.9.1 Company Overview
- 15.3.9.2 Product Portfolio
- 15.3.9.3 Financials
- 15.3.10Novozymes A/S
- 15.3.10.1 Company Overview
- 15.3.10.2 Product Portfolio
- 15.3.10.3 Financials
- 15.3.10.4 SWOT Analysis
- 15.3.11Novus International Inc. (Mitsui & Co. Ltd.)
- 15.3.11.1 Company Overview
- 15.3.11.2 Product Portfolio
- 15.3.12Thermo Fisher Scientific Inc.
- 15.3.12.1 Company Overview
- 15.3.12.2 Product Portfolio
- 15.3.12.3 Financials
- 15.3.12.4 SWOT Analysis
Pricing
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