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Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Global Enzymes Market Outlook

The global enzymes market size was valued at approximately USD 10.88 billion in 2023. The market is projected to grow at a CAGR of 6.70% during the forecast period of 2024-2032 to reach around USD 19.51 billion in 2032.

Global Enzymes Market Report Summary Description Value
Base Year USD Billion 2023
Historical Period USD Billion 2018-2023
Forecast Period USD Billion 2024-2032
Market Size 2023 USD Billion 10.88
Market Size 2032 USD Billion 19.51
CAGR 2018-2023 Percentage XX%
CAGR 2024-2032 Percentage 6.7%
CAGR 2024-2032 - Market by Region Asia Pacific 7.5%
CAGR 2024-2032 - Market by Country India 8.2%
CAGR 2024-2032 - Market by Country China 7.2%
CAGR 2024-2032 - Market by Type Protease 7.4%
CAGR 2024-2032 - Market by Industry Type Special 8.1%
Market Share by Country 2023 Italy 2.9%

Key Takeaways

  • The food and beverage sector dominates the enzyme market, accounting for a significant portion of the total share.
  • This growth is driven by factors like increasing demand for processed foods, rising awareness about healthy and nutritional foods, and advancements in enzyme technology.
  • Enzymes can be reused and a single one is capable of catalysing around 10,000 chemical reactions per second.

Enzymes are tiny molecules that act as biological catalysts, speeding up chemical reactions in living organisms. They are essential for life, playing a crucial role in everything from digestion and metabolism to DNA replication and muscle movement. Most enzymes are made up of long chains of amino acids folded into specific shapes. This shape determines the enzyme's function and which molecules it can interact with.

The global enzymes market growth is being driven by the growing demand for enzymes in various end-use industries like food and beverage, biofuel, animal feed, home cleaning, and others, as it helps manufacturers increase their production, and enhance the quality of their final products. With the growing consumer shift towards nutritious food and beverage products, the demand for enzymes, especially in processed and flavoured foods applications, has increased.

Global Enzymes Market

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Key Trends and Developments

Increasing demand for enzymes in various fields; growing health consciousness; and the rising demand for nutritious products are positively impacting the global enzyme market growth

Date Event
October 25, 2023 BASF unveiled a new generation of Lavergy® enzymes for detergents and cleaners at the SEPAWA Congress in Berlin, enhancing its enzyme technology portfolio.
April 12, 2022 Codexis and Molecular Assemblies advanced their partnership, engineering enzymes for DNA synthesis with a Key Customer Program launch later this year using evolved DNA polymerase.
February 15, 2022 Kerry announced acquisitions of biotech innovator c-LEcta and Mexican enzyme manufacturer Enmex, expanding its biotech expertise, technology portfolio, and manufacturing capabilities.
June 14, 2021 ProAct 360™ which revolutionises poultry protease technology, and enhances feed efficiency, affordability, sustainability, and growth performance, was commercially released by DSM-Novozymes Alliance.
Trend Impact
Increasing emphasis on sustainability Eco-friendly enzymes are gaining popularity for their ability to decrease usage and improve energy efficiency across industries
Advancements in biotechnology Biotechnological innovations are leading to the creation of effective enzymes that are finding new uses in the pharmaceuticals, biofuels and waste management sectors
Increasing focus by consumers on health and wellness There is a surge in demand for enzymes in supplements and functional foods, fuelled by consumers’ increasing awareness of health, nutrition and natural well-being solutions
Rising importance of enzymes in industrial processes Enzymes play a vital role in bioprocessing by facilitating the production of biofuels, paper, and textiles, among others. Their capacity to catalyse processes at temperatures and pH levels helps reduce energy consumption and environmental impact significantly

Global Enzymes Market Trends

Technological advancements are poised to significantly boost the global enzyme market size in the coming years, driven by the rising popularity of eco-friendly technologies, featuring enhanced product attributes and overall performance improvements. The market expansion is also fuelled by the growing application of enzymes in sectors like food and animal feed, textiles, detergents, and biofuel production. Additionally, the enzymes market revenue is expected to benefit from the increasing prevalence of major health issues, such as digestive disorders and inflammation, coupled with a heightened demand for renewable energy sources like biofuels.

The increased product demand across the globe is also supported by the applications of enzymes in bakery and brewing applications. To improve fruit quality and yield, enzymes are utilised in the creation of fruit juices. The rising consumer awareness regarding health has led to increased consumption of functional food items, leading to the growing demand for enzymes in the food and beverage industry.

Global Enzymes Market

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Global Enzymes Market Segmentation

“Global Enzymes Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:

Market Breakup Categories
by Type Protease, Amylase, Lipase, Cellulase
by Industry Type Industrial, Special
by Application Cleaning Product, Food and Beverage, Biofuel Production, Animal Feed, Others
By Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa

Amylase to hold a dominating position in the market

Amylase is a highly valued enzyme across various sectors, playing a crucial role in converting starches into sugars. It covers a substantial portion of the enzymes market share as it is extensively utilised in the food and beverage sector, particularly in brewing and baking, where its starch-breaking properties are essential. Amylase also plays a key role in the detergent sector by aiding in the removal of starchy stains and contributes significantly to the bioethanol sector by transforming starches into fermentable sugars.

Similarly, protease and lipase are enzymes with wide-ranging applications. Protease is indispensable in industries such as detergents, pharmaceuticals, and food, owing to its protein-digesting capabilities. Meanwhile, lipase is utilised in food processing, detergents, and the pharmaceutical sector, highlighting its versatility and importance in various fields.

The food and Beverage sector is likely to be the leading user of enzymes in the coming years

The food and beverage sector heavily relies on enzymes for different processes. Enzymes play a crucial role in breaking down starches into sugars for brewing and baking, enhancing the texture and flavour of dairy products, improving dough stability, extending the shelf life in baking, and aiding in the production of fruit juices and wine.

Utilising enzymes not only boosts process efficiency and enhances product quality but also promotes sustainability by reducing energy and water consumption, along with minimising waste production.

Meanwhile, in the biofuel sector, enzymes are vital for producing bioethanol and biodiesel. Their use enables the conversion of waste materials and non-food biomass into energy, thereby fostering eco-friendly fuel options.

In the animal feed sector, enzymes enhance feed value and nutrient digestibility. For instance, phytases are employed to break down acid in grains, making phosphorus more accessible to animals for their growth and bone strength development.

Global Enzymes Market

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Competitive Landscape

Major players in the enzymes market are increasing investment in research and development for the improvement of products:

Company Established Year Location Description
Koninklijke DSM N.V. 1902 Netherlands Global leader in health, nutrition, and materials. Pioneer in leveraging scientific innovation to promote sustainable living.
Amano Enzyme Inc. 1899 Japan Specializes in the development and production of unique enzyme solutions for a variety of sectors. Recognized for its commitment to quality and innovation.
Advanced Enzyme Technologies 1989 India Forefront company in the production of enzymes and probiotics. Focuses on delivering innovative solutions across human healthcare, animal nutrition, and industrial processing.
AB Enzymes GmbH 1907 Germany Leading biotechnology company specializing in the production of enzymes for various industrial applications. Subsidiary of Associated British Foods.

Other key players in the global enzymes market are Novozymes A/S, MetGen Oy. Cooperation, Aum Enzymes, F. Hoffmann-La Roche Ltd, BASF SE, ABF Ingredients Limited, Codexis, Inc., Creative Enzymes, Chr. Hansen Holding A/S, Enzyme Solutions, Inc., and International Flavors & Fragrances Inc., among others.

Leading players in the enzymes market are dedicating resources to research and development in order to innovate enzymes that offer improved features, increased effectiveness, and wider uses. Through advancements in biotechnology, their goal is to produce enzyme solutions that are not only more sustainable and cost-efficient but also exhibit excellent performance. This involves modifying enzymes to function optimally in environments leading to reduced energy usage and promoting conscious practices.

Global Enzymes Market Analysis by Region

The industrial enzymes sector in North America is distinguished by its extensive applications across various industries. Innovations in technology have expanded the availability of enzymes for diverse uses, including in the food and beverages, detergents, textiles, paper, pulp, and animal feed sectors.

CAGR 2024-2032 - Market by Country
India 8.2%
China 7.2%
Mexico 6.7%
Canada 6.2%
Saudi Arabia 6.0%
USA XX%
UK XX%
Germany 5.7%
France XX%
Australia XX%
Brazil XX%
Italy 5.2%
Japan 5.1%

Growing concerns over obesity in the region have heightened consumer awareness towards health, prompting a surge in demand for natural and clean-label ingredients, particularly in food-related applications.

Meanwhile, the Asia Pacific enzymes market size is expected to register rapid growth during the forecast period owing to the region's large population base, coupled with growing awareness about health and nutrition. Additionally, the region has been going through major industrial, pharmaceutical, and biotechnological developments, which further bolsters the opportunities for the market.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Industry Type
  • Application
  • Region
Breakup by Type
  • Protease
  • Amylase
  • Lipase
  • Cellulase
Breakup by Industry Type
  • Industrial
  • Special
Breakup by Application
  • Cleaning Product
  • Food and Beverage
  • Biofuel Production
  • Animal Feed
  • Others
Breakup by Region  
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Koninklijke DSM N.V.
  • Amano Enzyme Inc.
  • Advanced Enzyme Technologies
  • AB Enzymes GmbH
  • Novozymes A/S
  • MetGen Oy. Cooperation
  • Aum Enzymes
  • F. Hoffmann-La Roche Ltd
  • BASF SE
  • ABF Ingredients Limited
  • Codexis, Inc. 
  • Creative Enzymes
  • Chr. Hansen Holding A/S
  • Enzyme Solutions, Inc.
  • International Flavors & Fragrances Inc.
  • Others
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Enzymes Market Report Snapshots

Enzymes Market Size

Enzymes Market Trends

Enzymes Companies

Enzymes Market Regional Analysis

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2023, the global market for enzymes reached a value of approximately USD 10.88 billion.

The market is projected to grow at a CAGR of 6.70% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 19.51 billion by 2032.

The major drivers of the market include the rising consumer awareness regarding health, increased consumption of functional food items, growing demand for enzymes in the food and beverage industry, and increased funding and investment.

The rising prevalence of various health conditions and growing demand for enzymes in various end-use segments are expected to significantly enhance the growth of the market.

The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Protease, amylase, lipase, and cellulase are the different types of enzymes in the market.

The major players in the market are Koninklijke DSM N.V., Amano Enzyme Inc., Advanced Enzyme Technologies, AB Enzymes GmbH, Novozymes A/S, MetGen Oy. Cooperation, Aum Enzymes, F. Hoffmann-La Roche Ltd, BASF SE, ABF Ingredients Limited, Codexis, Inc., Creative Enzymes, Chr. Hansen Holding A/S, Enzyme Solutions, Inc., and International Flavors & Fragrances Inc., among others.

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