Global Industrial Enzymes Market to Grow with 7.34% CAGR from 2021–2017, Propelled by Rising Demand for Enzymes from the Food Industry

According to Renub Research report “Industrial Enzymes Market, Global Forecast, Impact of COVID-19, Industry Trends, Growth, Opportunity By Types, Company Analysis” the Global Industrial Enzymes Market is expected to reach US$ 17.4 Billion by 2027. Enzymes are proteins that catalyze chemical resistance. As such, enzymes have been extensively used to facilitate industrial processes and create products, and these enzymes are referenced as industrial enzymes. Industrial enzymes are also increasing since they are being used in the production of biofuel and biopolymers. Yeast and E. coli of enzyme engineering is a powerful way to obtain large amounts of enzyme for biocatalysis to replace traditional chemical processes.

Industrial Enzymes Market to Grow with 7.34% CAGR from 2021 – 2017


How COVID-19 Impact helped Enzymes Industry Growth

The COVID-19 crisis is to have a positive impact on the global industrial enzymes market. This is attributed to the increase in demand for enzymes in nutritional & immunity boosting products, a rise in consumer focus on household care, and an upsurge in in-house food consumption. Thus, the overall impact is to remain positive for key market players in the industry due to increased awareness about preventive health and dietary solutions & formulations that support immune health over the entire pandemic phase.


Factors Driving the Industrial Enzymes Market

Worldwide, the expanding environmental concerns and rise in demand for bioethanol and advancements in R&D activities are oriented to the growth of the industrial enzymes market. In addition, the development in enzyme engineering & green chemistry and the introduction of genetically engineered enzymes have increased industrial usage globally. Some of the other factors the rising need for a sustainable solution, improvement in biotechnology sectors, inclination towards protein engineering among the vast population, and introduction of probiotic products.

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Plant-derived Enzymes have High Growth Potential

Based on type, the industrial enzymes market involves Amylases, Carbohydrases, Cellulases, Proteases, and Lipases.  Carbohydrases enzymes are utilized in various industries, including animal feed, food and beverages and pharmaceuticals. Carbohydrases are predominantly applied as an impetus for transforming carbohydrates into sugar syrup, including glucose and fructose, which are further appropriated in the pharmaceutical, food, and beverage industries. Although protease is mostly used for protein breakdown, catalytic hydrolysis of protein peptides to amino acids, detergents, chemicals, and photography, serine, aspartate, threonine, glutamic acid, cysteine, papain, and metalloproteases are the commonly found types of proteases.


Microorganisms are the Good Source of Enzymes

On the basis of source, global industrial enzymes bifurcated into microorganisms, animals and plants. Microorganisms are the primary source of enzymes due to their easy availability and low production cost—Microorganism-derived enzymes segment due to their large-scale production, the emergence of genetically engineered microorganisms, and vast applications. Notwithstanding, plants are considered a prominent source of industrial enzymes. Plant-derived enzymes possess the highest growth potential due to the emergence of advanced purification technologies that require fewer investments.


Exclusive Enzyme Products are used in Food & Beverage Industries

Industrial enzymes play a vital role in various applications like Biofuel Enzymes, Cleaning Product Enzymes, Food Enzymes, Animal Feed Enzymes, Textile Enzymes and Specialty Enzymes. Customized solutions and exclusive enzyme products are used in fruit, cheese, and vegetable processing, grain processing, fats and oils processing, protein processing, and other food processing industries, such as baking, cereal extraction, dairy, and brewing. Specialized enzyme extracts assist food and beverage producers enlarge final products’ quality, optimize resources, manufacture higher yields, decrease costs, lower environmental pollution, and reduce wastage.


Moreover, amylases are widely used to eradicate deposits of starchy food products, such as mashed potatoes, spaghetti, custards, oatmeal porridge, gravies and chocolate. Those types of enzymes are applied in laundry detergents and chlorine-free dishwashing cleansers. Additionally, lipases are mostly utilized to eliminate greasy stains, such as salad oil, frying fats, lipstick, butter, tough stains on collars and cuffs, and sauces.


North America has Prominent Share in Worldwide Enzymes Market

Geographically, North America is a prominent regional market for industrial enzymes due to the definite presence of several end-use industries, such as pharmaceuticals, food and beverage, laundry detergent, and personal care and cosmetics, along with massive scope for research & development activities in the leading countries of the region. Besides, Europe is one of the influential producers of cosmetics products, pharmaceuticals, and medicine. The presence of significant pharmaceutical and cosmetic companies in the region is to propel the demand for enzymes.


In addition, descriptive company profiles of the leading market participants, including BASF SE, Advanced Enzyme Technologies, Novozymes, DuPont Danisco, DSM, Kerry Group PLCare are focusing on adopting environmentally and modern safe technologies to customize the product, enhance its features, and differentiate the final product from its competitors.

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  • Types- Our Report covers by type Global Industrial Enzymes Market from 5 viewpoints (Carbohydrases, Amylases, Cellulases, Proteases and Lipases)
  • Source – Renub Research Report covers by source Global Industrial Enzymes market by 3 viewpoints (Microorganism, Plant and Animal)
  • Application – This Report covered by application Global Industrial Enzymes market by 6 viewpoints (Bio fuel, Cleaning Product, Food, Animal Feed, Textile and Specialty)
  • Regions –We covered by region Global Industrial Enzymes market from 4 viewpoints (North America, Europe, Asia Pacific and Rest of the World)
  • All the key players have been covered from 3 Viewpoints (Overview, Recent Developments and Revenue) BASF SE, Advanced Enzyme Technologies, Novozymes, DuPont Danisco, DSM, Kerry Group PLCare.

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today’s ultra-competitive markets.

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Industrial Enzymes Market Share, Size , Global Forecast by 2027

Enzymes are biological catalysts; they accelerate a chemical reaction. Globally, enzymes are used in industries like Biofuel, cleaning products/detergents, food, animal feed, textile and speciality. Further, the market for industrial enzymes is continuously rising, owing to the growing need for sustainable solutions. Advancement in biotechnology, especially in protein engineering, has also brought in new probiotic products, driving the industrial enzymes market to the next level. According to Renub Research, the Global Enzymes Market is projected to reach US$ 17.4 Billion by 2027.

industrial enzymes market

Carbohydrases, Amylases, Cellulases, Proteases and Lipases are major variants existing in the global Enzymes Market. By Types, these enzymes are used in numerous industries. For instance, the food industry primarily uses carbohydrases in baking for manufacturing fruit juices, winemaking and cheese manufacturing. Similarly, other applications of Carbohydrases are detergents, textiles & leather, and bioethanol. Carbohydrases also have added advantages to various industrial applications due to their low cost, less time & space consumption, and ease in modifying and optimizing the process. The Industrial Enzymes Market Size was estimated at US$ 10.6 Billion in 2020.

Besides, protease enzymes are widely used in the Speciality Industries. The Speciality Industry uses protease enzymes in a large quantity in the manufacturing of medicines. Protease enzymes treat multiple diseases such as lungs, heart, eye abnormalities, digestive tract, skin ulcers, and soreness. Thus, the Speciality Industry is expected to fuel the demand for protease enzymes in the foreseeable future. Also, with the help of developing science and technology, protease enzymes are used in the several bio-meditation process and leather treatments.

Furthermore, the Industrial Enzymes Market in North America is influenced by rising demand for enzymes from the food industry and significantly has a large consumer base by countries in the region. Nonetheless, the market in Asia-Pacific is owing to sound growth opportunities induced by soaring demand for carbohydrase and proteases in the applications of the pharmaceutical and food industry, remarkably in emerging countries such as China, India, and Japan. These countries have started investing in the biotech sector to introduce more effective global enzyme products.

Additionally, expanding investment in the food and beverage and pharmaceutical industry is anticipated to stimulate the overall industrial enzymes market. With improving disposable income, customer can now afford expensive food product, which is further expected to increase the demand for industrial enzymes products. As per our analysis, The Industrial Enzymes Industry will likely grow at a CAGR of 7.34% from 2020-2027.

Nevertheless, stringent supervision and controlled temperature & PH levels of enzymes await to restrict the market’s growth to some extent. On the other hand, concerns associated with quality, safety, and consumer perception towards enzymes is the key challenge of this market.

By Sources, the Industrial Enzymes Market has been fragmented through microorganisms, plants and animals. The microorganism is the most common source of industrial enzymes holding one of the highest shares in the market.

By Application, the Global Enzymes Market has been segregated into Bio-fuel Enzymes, Cleaning Product Enzymes, Food Enzymes, Animal Feed Enzymes, Textile Enzymes and Specialty Enzymes. Amongst the segments, Specialty Enzymes Market holds a significant market existence.

By Region, we have covered North America, Asia-Pacific, Europe and the Rest of the World.. Furthermore, the Asia-Pacific region is expected to witness the highest growth in the forecasted period and is anticipated to nurture its dominance in the future years.

Some major companies operating in the industrial enzymes market are BASF SE, Advanced EnzymeTechnologies, Novozymes, DuPont Danisco, DSM and Kerry Group PLC.

enzymes market

COVID-19 Impact on Global Enzymes Market

The spread of COVID-19 across the globe has positively impacted the overall Industries. The rising adoption of enzymes in multiple industries such as Cleaning Product, Food, Animal Feeds, and Specialty has to propel the market growth during the COVID-19 pandemic as consumers across the world have become more alert and conscious towards their health and lifestyle.

However, Biofuel and Textile Enzymes Market’s growth has been hampered by the COVID-19 pandemic. The lockdowns, social distances, and the shutdown of production plants globally have impacted the automotive industry, which in turn, negatively influenced the biofuel industry.

Similarly, the Textile Enzymes Market is no different; the operations of numerous textile industries had either been temporarily halted or were functioning with a minimal workforce due to enforced lockdowns and imposed restrictions by respective governing bodies. This factor has a significantly negative impact on the revenue growth of the Textile Enzymes Market.

Renub Research latest report “Industrial Enzymes Market Global Forecast by Types (Carbohydrases, Amylases, Cellulases, Proteases, Lipases), Source (Microorganism, Plant, Animal), Application(Bio fuel, Cleaning Product, Food, Animal Feed, Textile, Specialty), Region (North America, Europe, Asia Pacific, Rest of the World), Company (BASF SE, Advanced Enzyme Technologies, Novozymes, DuPont Danisco, DSM, Kerry Group PLC)” provides a detailed analysis of Enzymes Market.

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By Types market has been covered from 5 viewpoints:

  1. Carbohydrases
  2. Amylases
  3. Cellulases
  4. Proteases
  5. Lipases

By Source market has been covered from 3 viewpoints:

  1. Microorganism
  2. Plant
  3. Animal

By Application market has been covered from 6 viewpoints:

  1. Bio fuel Enzymes
  2. Cleaning Product Enzymes
  3. Food Enzymes
  4. Animal Feed Enzymes
  5. Textile Enzymes
  6. Specialty Enzymes

global enzymes market

By Regions market has been covered from 4 viewpoints:

  1. North America
  2. Europe
  3. Asia-Pacific’s
  4. ROW

Company Insights:

• Overview
• Company Initiatives
• Sales Analysis

Companies Covered:

  1. BASF SE
  2. Advanced Enzyme Technologies
  3. Novozymes
  4. DuPont Danisco
  5. DSM
  6. Kerry Group PLC

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building and Construction, & Agriculture. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers and executives to make informed and correct decisions.

Our core team is comprised of experienced people holding graduate, postgraduate and PhD degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis and forecasting that is essential in today’s ultra-competitive markets.

Contact Us:
Renub Research
Phone No: +1 678–302–0700 (USA) | +91–120–421–9822 (IND)
Email: info@renub.com
Web: https://www.renub.com
Follow on Linkedin: https://www.linkedin.com/company/renub-research