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Proteases Market - Growth, Trends and Forecasts (2017 - 2022)

Proteases Market - Growth, Trends and Forecasts (2017 - 2022)

Proteases Market
Proteases, also called as peptidases, are the largest group of enzymes having an invincible role in many industries, especially in the arena of food, detergents and pharmaceuticals. Proteases encompass about 60% of the total enzyme market and stand amongst the most precious commercial enzymes. The global proteases market is expected to uphold a CAGR of 6.4% during the forecast period of 2017 to 2022. It is estimated to be worth around USD 3.29 billion by 2022.

Market Dynamics

The primary factors that drive the global market for proteases are its wide use in the food industry. Protease enzymes are diverse ingredients. It helps in reducing the manufacturing costs of food products and also to improve the digestibility of some foods, they are critical for the development of many of today’s FMCG products. The main reason for the growth of this market is the multiple uses of proteases in diverse industries. Its eco-friendly nature due to its non-toxic and non-pathogenic attributes is an added advantage that leads to a surge in the market. Presence of stringent regulations has pull down the proteases market to an extent. Growing product demand in various applications including paper, biofuels, rubber, photography, biological detergents, contact lens cleaners and molecular biology will promote industry expansion over the next eight years.

Market Segmentation

The global proteases market is classified by the source into animal, plant, and microbial. By products, the market is segmented into animal, plant and microbial. Renin, Papain, Alkaline proteases dominated the animal, plant and microbial product segments, respectively. On the basis of application, the proteases market can be segmented into food & beverages, feed additives, laundry & dish washing detergents, health care, and other applications. The food and beverage industry covers a huge share of the application segment with the use of proteases in dairy, bakery, processed foods, meat, beverages and others like infant food formula, etc. Further classified by the method of production, the proteases market is segmented into fermentation and extraction. Geographical segmentation are North America, Europe, Asia-Pacific, South America and Africa.

Regional Segmentation

Accounting for around 60% of the entire enzyme market, proteases are aptly considered as the most important part of industrial enzymes. North America leads the global proteases market, followed by Europe. Owing to the developed industries in these regions. Asia-Pacific is the fastest-growing region due to the economic and operational benefits of proteases. They are presenting an untapped potential for the growth of protease enzymes in the food, detergent, as well as, pharmaceutical industries.

Competitive Environment

Companies in proetase industry continue to invest in R&D to find new avenues for enzymes. The major companies operating in the global proteases market are Chr. Hansen Holdings A/S (Denmark), E.I. du Pont de Nemours and Company (U.S.), Associated British Foods plc. (U.K.), Koninklijke DSM N.V. (The Netherlands), Novozymes A/S (Denmark), etc.

Key Players

Advanced Enzyme Technologies Ltd.
Amano Enzyme Inc.
Associated British Foods PLC
Biocatalysts Limited
Chr. Hansen Holdings A/S
Key Deliverables in the Study

A detailed analysis of the new trend in the market
Changing market dynamics in the industry such as gowning demand for protease enzyme due to its attributes of reducing the manufacturing costs of food products and also to improve the digestibility for most foods
Historical, current and projected market size in terms of volume and value
In depth market segmentation on the basis of source into animal, plant, and microbial
North America is the geographical regions exhibiting promising growth for protease market
Competitive Landscape focusing on players such as Advanced Enzyme Technologies Ltd., Amano Enzyme Inc., Associated British Foods PLC, Biocatalysts Limited and Chr. Hansen Holdings A/S holding about 55% of the market share
Giving an overall perspective on market performance


1. Introduction
1.1 Key Deliverables of the Study
1.2 Study Assumptions
1.3 Market Definition
2. Research Approach and Methodology
2.1 Introduction
2.2 Research Design
2.3 Study Timeline
2.4 Study Phases
2.4.1 Secondary Research
2.4.2 Discussion Guide
2.4.3 Market Engineering & Econometric Modelling
2.4.4 Expert Validation
3. Market Overview
4. Market Dynamics
4.1 Drivers
4.1.1 Diverse Functionality in Food
4.1.2 Importance in Multiple Industrial Application
4.1.3 Advancements in R&D Activities for Proteases
4.2 Restraints
4.2.1 Stringent Government Regulations
4.3 Opportunities
4.3.1 Increase in Demand for Environmental and Health-Friendly Products
4.3.2 Emerging Economies with High Growth Potential
4.4 Porter's Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition
5. Market Segmentation
5.1 By Source Type
5.1.1 Animal Sources
5.1.2 Plant Sources
5.1.3 Microbial Sources
5.2 By Product Type
5.2.1 Animal Product
5.2.1.1 Trypsin
5.2.1.2 Pepsin
5.2.1.3 Renin
5.2.1.4 Others
5.2.2 Plant Product
5.2.2.1 Papain
5.2.2.2 Bromelain
5.2.2.3 Others (Keratinases and Ficin)
5.2.3 Microbial Product
5.2.3.1 Alkaline Protease
5.2.3.2 Acid Protease
5.2.3.3 Neutral Protease
5.3 By Method of Production
5.3.1 Fermentation
5.3.2 Extraction
5.4 By Formulation
5.4.1 Liquid Formulations
5.4.2 Lyophilized Powder
5.4.3 Others
5.5 By Application
5.5.1 Food & Beverage
5.5.1.1 Dairy Industry
5.5.1.2 Bakery Enzymes
5.5.1.3 Processed Foods
5.5.1.4 Meat
5.5.1.5 Infant Food Formulae
5.5.1.6 Beverages
5.5.2 Animal Feed Additives
5.5.3 Laundry & Dishwashing Detergents
5.5.4 Healthcare
5.5.4.1 Pharmacology & Drug Manufacture
5.5.4.2 Digestive Supplements
5.5.5 Cleaning Formulations (Contact Lens, Hard Surface)
5.5.6 Leather and Textile Industry
5.5.7 Others (Paper Conservation, Metal Recovery, Waste Treatment)
5.6 By Region
5.6.1 North America
5.6.1.1 US
5.6.1.2 Mexico
5.6.1.3 Canada
5.6.1.4 Others
5.6.2 Europe
5.6.2.1 UK
5.6.2.2 France
5.6.2.3 Germany
5.6.2.4 Italy
5.6.2.5 Spain
5.6.2.6 Others
5.6.3 Asia-Pacific
5.6.3.1 India
5.6.3.2 China
5.6.3.3 Japan
5.6.3.4 Australia
5.6.3.5 Others
5.6.4 South America
5.6.4.1 Brazil
5.6.4.2 Argentina
5.6.4.3 Mexico
5.6.5 Africa
5.6.5.1 South africa
5.6.5.2 Others
6. Competitive Landscape
6.1 Strategies Adopted by Key Players
6.2 Most Active Companies in the Past Five Years
6.3 Market Share Analysis
7. Company Profiles
7.1 Novozymes A/S
7.2 Chr. Hansen Holdings A/S
7.3 E. I. Du Pont De Nemours and Company
7.4 Associated British Foods PLC
7.5 Koninklijke DSM N.V.
7.6 Advanced Enzyme Technologies Ltd.
7.7 Dyadic International Incorporated
7.8 Amano Enzyme Inc.
7.9 Biocatalysts Limited
7.10 Specialty Enzymes & Biotechnologies
8. Appendix
8.1 Disclaimer
8.2 Sources

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