Industrial Enzymes Market by Type (Carbohydrases, Proteases, Lipases, Polymerases & Nucleases, Other Types), Source, Application (Food & Beverages, Feed, Bioethanol, Detergents, Pulp & Paper, Textiles & Leather, Wastewater Treatment, Other Applications), Form, and Region - Global Forecast to 2026
[202 Pages Report] According to MarketsandMarkets, the industrial enzymes market is estimated to be valued at USD 5.9 billion in 2020 and is projected to reach USD 8.7 billion by 2026, recording a CAGR of 6.5%, in terms of value. The growing environmental concerns and rise in demand for bioethanol and advancements in R&D activities led to the growth of the industrial enzymes market. In addition, the advancements in enzyme engineering & green chemistry and the introduction of genetically engineered enzymes have increased the industrial usage. Factors such as the multifunctional benefits of industrial enzymes across various applications and the technological innovations to reduce the consumption of chemicals contribute to the growth of the industrial enzymes market.
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Market Dynamics
Drivers: Growing Environmental Concerns and Increasing Demand for Bioethanol
The depletion of non-renewable resources has increased the need for and importance of manufacturing bioethanol, which has a negligible impact on the environment. In countries with surplus agricultural capacity, ethanol produced from biomass can be used as a substitute, extender, or octane booster as an alternative for traditional motor fuels, such as gasoline, diesel, and kerosene. Bioethanol is prepared from agricultural waste containing corn stalks, leaves, bagasse of sugarcane, sugar beet, sorghum stalks, wheat, barley, rye, and by-products, such as whey from cheese making and potato processing waste streams. Toxic oxygenates in petroleum fuels can be replaced with biofuels, which also help in reducing pollution. The increase in demand for bioethanol has resulted in increased usage of enzymes, such as carbohydrases, lipases, and proteases, which are used for the production of bioethanol. Amylases are expected to be the major contributors in the bioethanol enzymes market due to their ability to sustain at a comprehensive range of temperatures and pH levels. The demand for bioethanol will give rise to the demand for bioethanol producing ingredients, where enzymes play a vital role in the production process. This factor is projected to drive the growth of the enzymes market.
Restraints: Stringent Regulatory Framework
Manufacturers of enzymes need to comply with the regulations imposed by different governing agencies, such as the Enzyme Technical Association (ETA), Association of Manufacturers & Formulators of Enzyme Products (AMFEP), and EU REACH (Registration, Evaluation, and Authorization of Chemicals) Regulation. The use of enzymes in the food industry is required to adhere to the guidelines defined by the Food Chemicals Codex. There is a lack of a uniform regulatory structure for the use of industrial enzymes, even though stringent regulations are imposed for their use in industries in the UK, Canada, and the European Union.
According to the Association of Manufacturers & Formulators of Enzyme Products (AMFEP), enzymes that are used in bioethanol, paper & pulp, and textile & leather processing need to be registered under the EU REACH Regulation [Regulation 1907/2006 (for Registration, Evaluation, and Authorization of Chemicals)] before they are manufactured or imported in the EU in a volume under one ton per year. In Europe, the European Chemicals Agency (ECHA) is the authorized body to supervise the registration process. These regulations need to be followed by manufacturers in terms of labeling, packaging, and mixing products before placing them in the market. These guidelines are approaches to check the safety of enzymes for each application.
Different regulatory structures affect international trade, which is a restraining factor for the growth of the enzymes market.
Opportunities: Demand for an Alternative to Synthetic Chemicals
Enzymes are recognized as alternatives to traditional chemicals and provide solutions to problems related to synthetic chemicals. Synthetic chemicals used in industrial processes pose a threat to the environment as they are harmful. Enzymes such as carbohydrases, which are derived from plants and microorganisms, have no negative impact on the environment as they work under mild conditions, thus reducing energy consumption and decreasing greenhouse gas emissions. Carbohydrases derived from plants and microorganisms are utilized in the textile, starch processing, and bioethanol production industries. The leather industry has switched to proteases and trypsin over lime and sulfides to obtain high yields with cleaner products. Amylase and protease are used in the bakery industry to obtain maximum output. Enzymes are also used to improve the nutritional value of food and feed products. In addition, enzymes reduce water consumption and chemical waste and decrease by-product generation, posing negligible risks to humans and the ecosystem. Hence, the use of enzymes is considered cost-effective, safe, and environment-friendly.
Nowadays, products that are made from chemical processes pose a threat to human lives, as well as affect the environment. Most industrial manufacturing companies are replacing chemical products that are toxic to the environment with safer and naturally derived products. Thus, the market for enzymes, as substitutes for synthetic chemicals, is projected to witness growth.
Challenges: High Raw Material Costs Limiting the Usage of Enzymes
Industrial enzymes are majorly used to catalyze chemical reactions as they increase the rate of reaction that approaches toward stability. Enzymatic processes used in various industrial applications result in the reduction of prices of end products. However, this change is limited by the high cost of raw materials used in enzyme manufacturing. Enzymes are highly temperature-sensitive and can be denatured by even a small increase in temperature. They also become toxic with a change in pH, as they are sensitive to external factors in the manufacturing process. Enzymes are expensive to produce as they perform reactions for a specific period. Additionally, contamination of the enzyme with other chemical substances used in food & beverages can affect the chemical reaction, which would result in huge wastages. Therefore, these factors result in a rise in costs involved while considering enzymes as raw material, thereby creating a challenge for the market.
By type, the carbohydrases segment is projected to account for the largest share in the industrial enzymes market during the forecast period
The carbohydrases segment is projected to dominate the market during the forecast period. They are classified into amylases, cellulases, and other carbohydrases (such as pectinases, lactases, mannanases, and pullulanases). Carbohydrases are used in industrial applications, such as food & beverages, detergents, textiles & leather, and bioethanol. They have added advantages to various industrial applications due to their cost-effectiveness, less time & space consumption, and ease in modification and optimization of the process.
By application, the food & beverages segment is projected to account for the largest share in the industrial enzymes market during the forecast period
The demand for industrial enzymes is increasing significantly due to the increasing application of enzymes in the food & beverage industry. The food & beverage applications considered for this study include meat processing, dairy products, beverages, bakery products, nutraceuticals, and other food products (such as processed fruits & vegetables, processed food, and vegetable oil processing). Enzymes used in the food & beverage industry are distinguished into food additives and processing aids. However, most enzymes used in food & beverage products are considered as processing aids, and only a few are used as additives, such as lysozymes and invertases.
North America is projected to account for the largest market share during the forecast period.
In 2019, North America accounted for the largest share in the industrial enzymes market. Technological advancements in this region have made enzymes available for a wide range of applications, and this segment is estimated to drive the growth of the market in the region. This region is projected to be the largest market due to the development of novel and superior performing products and global industrialization. The bioethanol and food & beverage industries in this region are also witnessing a rise in the usage of enzymes. These factors are projected to contribute to the growth of the North American industrial enzymes market.
The US is the dominating country in the North American industrial enzymes market; however, the market in this region has reached maturity, and the use of enzymes has become standard practice. According to the Alltech Feed Survey in 2019, North America witnessed steady growth in feed production of nearly 2% over the last year due to an increase in the growth of major species, with beef and poultry leading at 3% each, thereby impacting the usage of enzymes in feed in the North American region.
According to a study published by the United States Department of Agriculture (USDA) in 2018, the North American population spends almost 14% of their household expenditure on food. This resulted in food & beverage manufacturers incline toward increasing the shelf-life of various products, which would augment the demand for food enzymes in the North American region.
Key Market Players:
Key players in the industrial enzymes market include BASF (Germany), DuPont (US), Kerry Group (Ireland), Novozymes (Denmark), DSM (Netherlands), Chr. Hansen (Denmark), and Advanced Enzymes (India).
Scope of the report
|
Report Metric |
Details |
|
Market size estimation |
20182026 |
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Base year considered |
2019 |
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Forecast period considered |
20202026 |
|
Units considered |
Value (USD) |
|
Segments covered |
Type, source, application, form, and region |
|
Regions covered |
North America, Europe, Asia Pacific, and RoW |
|
Companies studied |
|
This research report categorizes the industrial enzymes market based on type, source, application, form, and region.
Target Audience:
- Enzyme manufacturing companies and government organizations
- Service providing company officials
- Government and research organizations
- Research officers
- CEOs and vice presidents
- Marketing directors
- Product innovation directors and related key executives from manufacturing companies and organizations operating in the market
- Manufacturing and marketing companies
By Type
- Carbohydrases
- Amylases
- Cellulases
- Other carbohydrases
- Proteases
- Lipases
- Polymerases & nucleases
- Other types
By Source
- Microorganism
- Plant
- Animal
By Application
- Food & beverages
- Bioethanol
- Detergents
- Textiles & leather
- Paper & pulp
- Wastewater treatment
- Feed
- Other applications
By Form
- Liquid
- Dry
By Region
- North America
- Europe
- Asia Pacific
- Rest of the World (RoW)
- Brazil
- Argentina
- South Africa
- Others in RoW
Recent Developments
- DSM (Netherlands) invested in S-Biomedic NV (Belgium). S-Biomedic NV is a skin microbiome company and focuses on a new approach to the cosmetic and therapeutic potential of the skin microbiome.
- DuPont Industrial Biosciences expanded its Kinston, North Carolina, manufacturing facility. This plant produces bio-based DuPont Sorona polymer. By investing in this plant, DuPont increased the capacity of the production facility by 25%.
- Kerry Group (Ireland) expanded its presence by opening its first plant in Moscow. The plant will be utilized for the production of ingredients for meat processing and snacks markets.
- Novozymes (Denmark) expanded its presence in East Africa. This allowed the company to meet consumer needs for enzyme products in the region.
- Chr. Hansen (Denmark) launched its new product named Sweety Y-1. The product was developed for dairy manufacturers to produce sweeter products without using much sugar. It converts the existing sugars in milk, yielding glucose by using lactose.
Key Questions Addressed by the Report
- What are the growth opportunities in the industrial enzymes market?
- What are the major applications of enzymes across different industries?
- What are the key factors affecting the market dynamics?
- What are some of the significant challenges and restraints that the industry faces?
- Which are the key players operating in the market, and what initiatives have they undertaken over the past few years?
To speak to our analyst for a discussion on the above findings, click Speak to Analyst
TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 21)
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.4 REGIONS COVERED
1.5 PERIODIZATION CONSIDERED
1.6 CURRENCY CONSIDERED
1.7 UNITS CONSIDERED
1.8 STAKEHOLDERS
2 RESEARCH METHODOLOGY (Page No. - 26)
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 Key industry insights
2.1.2.3 Breakdown of primary interviews
2.2 FACTOR ANALYSIS
2.2.1 INTRODUCTION
2.2.2 DEMAND-SIDE ANALYSIS
2.2.3 SUPPLY-SIDE ANALYSIS
2.3 MARKET SIZE ESTIMATION
2.3.1 APPROACH ONE (BASED ON APPLICATION AND TYPE, BY REGION)
2.3.2 APPROACH TWO (BASED ON THE GLOBAL MARKET)
2.4 DATA TRIANGULATION
2.5 RESEARCH ASSUMPTIONS
2.6 RESEARCH LIMITATIONS
3 EXECUTIVE SUMMARY (Page No. - 37)
4 PREMIUM INSIGHTS (Page No. - 42)
4.1 OVERVIEW OF THE MARKET
4.2 INDUSTRIAL ENZYMES MARKET: MAJOR REGIONAL SUBMARKETS
4.3 NORTH AMERICA: INDUSTRIAL ENZYMES MARKET, BY APPLICATION AND KEY COUNTRY
4.4 MARKET, BY TYPE AND REGION
4.5 MARKET, BY APPLICATION
5 MARKET OVERVIEW (Page No. - 47)
5.1 INTRODUCTION
5.2 YC-YCC SHIFT
5.3 VALUE CHAIN
5.4 MARKET DYNAMICS
5.4.1 DRIVERS
5.4.1.1 Growing Environmental Concerns and Increasing Demand for Bioethanol
5.4.1.2 Advancements in R&D Activities for Industrial Enzymes
5.4.1.3 Advancements in Enzyme Engineering & Green Chemistry and the Introduction of Genetically Engineered Enzymes
5.4.1.4 Multifunctionalities of Enzymes
5.4.2 RESTRAINTS
5.4.2.1 Stringent Regulatory Framework
5.4.2.2 High Adaptation Costs involved for Small & Medium Enterprises
5.4.3 OPPORTUNITIES
5.4.3.1 Demand for an Alternative to Synthetic Chemicals
5.4.3.2 Technological Innovations and Wide Industry Scope
5.4.3.3 Launching Enzymes with Long Shelf-life
5.4.3.3.1 Encapsulation to enhance shelf-life
5.4.4 CHALLENGES
5.4.4.1 High Raw Material Costs Limiting the Usage of Enzymes
5.4.4.2 Concerns Over the Quality of Enzymes Used in Food & Beverages and Feed
6 REGULATORY FRAMEWORK (Page No. - 59)
6.1 INTRODUCTION
6.2 ENZYME REGULATIONS IN THE US
6.3 ENZYME REGULATIONS IN EUROPE
6.3.1 EU LEGISLATION RELEVANT TO FOOD ENZYMES
6.4 ENZYME REGULATIONS IN AUSTRALIA & NEW ZEALAND
7 PATENT ANALYSIS (Page No. - 62)
7.1 INTRODUCTION
8 INDUSTRIAL ENZYMES MARKET, BY TYPE (Page No. - 67)
8.1 INTRODUCTION
8.2 CARBOHYDRASES
8.2.1 AMYLASES
8.2.1.1 Usage of amylase has increased as it is beneficial in the food & beverage and textile industries
8.2.2 CELLULASES
8.2.2.1 Their complex nature boosts wide industrial usage
8.2.3 OTHER CARBOHYDRASES
8.2.3.1 Usage of other carbohydrases offers stability in various industrial applications
8.3 PROTEASES
8.3.1 COMPETENT CHARACTERISTIC TO HYDROLYZE PROTEINS BOOSTS ITS INDUSTRIAL USE
8.4 LIPASES
8.4.1 COMMERCIALIZING BIOETHANOL PRODUCTION FROM ENZYMATIC PROCESSES HAS FUELED THE MARKET FOR LIPASES
8.5 POLYMERASES & NUCLEASES
8.5.1 POLYMERASES & NUCLEASES FORM AN ESSENTIAL PART FOR FOOD BIOTECHNOLOGY ADVANCEMENTS
8.6 OTHER TYPES
8.6.1 FUNCTIONAL BENEFITS IN VARIOUS INDUSTRIES DRIVE THE MARKET FOR OTHER TYPES OF ENZYMES
9 INDUSTRIAL ENZYMES MARKET, BY APPLICATION (Page No. - 77)
9.1 INTRODUCTION
9.2 FOOD & BEVERAGES
9.2.1 MEAT PROCESSING
9.2.1.1 Enzymes provide tenderness to the meat through protein modification
9.2.2 DAIRY PRODUCTS
9.2.2.1 Cheese production and flavoring can be eased with the usage of enzymes
9.2.3 BEVERAGES
9.2.3.1 Enzymes mitigate the use of pectin in beverages by improving the yield & quality
9.2.4 BAKERY & CONFECTIONERY PRODUCTS
9.2.4.1 Enzyme usage increases the shelf-life of bakery and confectionery products
9.2.5 NUTRACEUTICALS
9.2.5.1 Inclusion of enzymes for digestive aid has fueled their usage in nutraceutical products
9.2.6 OTHER FOOD & BEVERAGES
9.2.6.1 Usage of enzymes augments the yield and reduces the waste for processed fruits & vegetables
9.3 BIOETHANOL
9.3.1 ENZYMES AS BIOLOGICAL CATALYSTS IN THE PRODUCTION OF BIOETHANOL FUEL THE GROWTH OF THE INDUSTRY
9.4 TEXTILES & LEATHER
9.4.1 LESS CHEMICAL DISCHARGE IN WATER AND IMPROVEMENT IN PRODUCT QUALITY HAVE FUELED THE USAGE OF ENZYMES IN TEXTILES
9.5 DETERGENTS
9.5.1 LAUNDRY DETERGENTS
9.5.1.1 Usage of enzymes in laundry is associated with lower time, energy, and water consumption
9.5.2 AUTOMATIC DISHWASHING DETERGENTS
9.5.2.1 Enzyme usage increases the user-friendliness of automatic dishwashing detergents by lowering the alkalinity
9.5.3 OTHER DETERGENTS
9.5.3.1 Characteristic of being non-skin sensitizers boosts the usage of enzymes in personal cleaning
9.6 PAPER & PULP
9.6.1 ENZYME USAGE INCREASES THE RECYCLING OF PAPER IN THE INDUSTRY
9.7 WASTEWATER TREATMENT
9.7.1 ENZYMES EFFECTIVELY BREAK DOWN THE ORGANIC WASTE AND ENHANCE THE QUALITY OF WATER BY MITIGATING THE USAGE OF CHEMICALS IN THE WASTEWATER TREATMENT INDUSTRY
9.8 FEED
9.8.1 RUMINANT FEED
9.8.1.1 Inclusion of enzymes in the feed helps to improve the feed efficiency ratio for beef cattle
9.8.2 SWINE FEED
9.8.2.1 Sow feed enzymes aim at ensuring that the piglets are born healthy
9.8.3 POULTRY FEED
9.8.3.1 Enzymes in feed improve the digestibility of nutrients by improving the gut performance of poultry
9.8.4 AQUA FEED
9.8.4.1 Enzymes in fish feed offer environmental benefits and enable the use of low-cost feedstuffs
9.8.5 OTHER FEED
9.8.5.1 Enzymes in other feed types help eliminate the need for compensating for the levels of phosphorus
9.9 OTHER APPLICATIONS
9.9.1 ENZYMES ARE USED IN COSMETICS & PERSONAL CARE PRODUCTS DUE TO THEIR BIODEGRADABLE NATURE
10 INDUSTRIAL ENZYMES MARKET, BY SOURCE (Page No. - 103)
10.1 INTRODUCTION
10.2 MICROORGANISM
10.2.1 INCREASED PRODUCTION IN LESSER TIME BOOSTS THE INDUSTRIAL USAGE OF MICROBIAL ENZYMES
10.3 PLANT
10.3.1 PLANT-BASED ENZYMES THRIVE OVER A WIDE RANGE OF TEMPERATURES
10.4 ANIMAL
10.4.1 BEING TEMPERATURE-SENSITIVE DISCOURAGES THE INDUSTRIAL USAGE OF ANIMAL-BASED ENZYMES
11 INDUSTRIAL ENZYMES MARKET, BY FORM (Page No. - 108)
11.1 INTRODUCTION
11.2 LIQUID
11.2.1 EASE OF USE IN INDUSTRIAL APPLICATIONS BOOSTS THE USAGE OF THE LIQUID FORM
11.3 DRY
11.3.1 DRY FORM ENABLES BETTER ACCURACY OF DOSAGES
12 INDUSTRIAL ENZYMES MARKET, BY REGION (Page No. - 110)
12.1 INTRODUCTION
12.2 NORTH AMERICA
12.2.1 US
12.2.1.1 Advancements in R&D Activities for Industrial Enzymes
12.2.2 CANADA
12.2.2.1 Multifunctionalities of Enzymes
12.2.3 MEXICO
12.2.3.1 Stringent Regulatory Framework
12.3 EUROPE
12.3.1 ITALY
12.3.1.1 Demand for an Alternative to Synthetic Chemicals
12.3.2 GERMANY
12.3.2.1 Launching Enzymes with Long Shelf-life
12.3.3 FRANCE
12.3.3.1 CHALLENGES
12.3.4 SPAIN
12.3.4.1 Concerns Over the Quality of Enzymes Used in Food & Beverages and Feed
12.3.5 UK
12.3.5.1 INTRODUCTION
12.3.6 REST OF EUROPE
12.3.6.1 ENZYME REGULATIONS IN EUROPE
12.4 ASIA PACIFIC
12.4.1 CHINA
12.4.1.1 PATENT ANALYSIS
12.4.2 INDIA
12.4.2.1 INDUSTRIAL ENZYMES MARKET, BY TYPE
12.4.3 JAPAN
12.4.3.1 CARBOHYDRASES
12.4.4 AUSTRALIA & NEW ZEALAND
12.4.4.1 Usage of amylase has increased as it is beneficial in the food & beverage and textile industries
12.4.5 REST OF ASIA PACIFIC
12.4.5.1 Their complex nature boosts wide industrial usage
12.5 REST OF THE WORLD
12.5.1 BRAZIL
12.5.1.1 PROTEASES
12.5.2 ARGENTINA
12.5.2.1 LIPASES
12.5.3 SOUTH AFRICA
12.5.3.1 POLYMERASES & NUCLEASES
12.5.4 OTHERS IN ROW
12.5.4.1 OTHER TYPES
13 COMPETITIVE LANDSCAPE (Page No. - 142)
13.1 INTRODUCTION
13.2 COMPETITIVE LEADERSHIP MAPPING (OVERALL MARKET)
13.2.1 VISIONARY LEADERS
13.2.2 DYNAMIC DIFFERENTIATORS
13.2.3 INNOVATORS
13.2.4 EMERGING COMPANIES
13.3 STRENGTH OF PRODUCT PORTFOLIO (OVERALL MARKET)
13.4 BUSINESS STRATEGY EXCELLENCE (OVERALL MARKET)
13.5 COMPETITIVE LEADERSHIP MAPPING (START-UP/SME)
13.5.1 PROGRESSIVE COMPANIES
13.5.2 STARTING BLOCKS
13.5.3 RESPONSIVE COMPANIES
13.5.4 DYNAMIC COMPANIES
13.6 STRENGTH OF PRODUCT PORTFOLIO (START-UP/SME)
13.7 BUSINESS STRATEGY EXCELLENCE (START-UP/SME)
13.8 INDUSTRIAL ENZYMES: MARKET SHARE ANALYSIS
13.9 COMPETITIVE SCENARIO
13.9.1 EXPANSIONS & INVESTMENTS
13.9.2 AGREEMENTS, COLLABORATIONS, AND JOINT VENTURES
13.9.3 NEW PRODUCT LAUNCHES
13.9.4 MERGERS & ACQUISITIONS
14 COMPANY PROFILES (Page No. - 158)
(Business overview, Products offered, Recent Developments, SWOT analysis, MNM view)*
14.1 BASF
14.2 NOVOZYMES
14.3 DUPONT
14.4 DSM
14.5 KERRY GROUP
14.6 DYADIC INTERNATIONAL
14.7 ADVANCED ENZYMES
14.8 CHR. HANSEN
14.9 AMANO ENZYME
14.10 AUMGENE BIOSCIENCES
14.11 MEGAZYME
14.12 ENZYME SUPPLIES
14.13 CREATIVE ENZYMES
14.14 ENZYME SOLUTIONS
14.15 ENZYMATIC DEINKING TECHNOLOGIES
14.16 BIOCATALYSTS
14.17 SUNSON INDUSTRY GROUP
14.18 METGEN
14.19 DENYKEM
14.20 TEX BIOSCIENCES
*Details on Business overview, Products offered, Recent Developments, SWOT analysis, MNM view might not be captured in case of unlisted companies.
15 APPENDIX (Page No. - 194)
15.1 DISCUSSION GUIDE
15.2 KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL
15.3 AVAILABLE CUSTOMIZATIONS
15.4 RELATED REPORTS
15.5 AUTHOR DETAILS
LIST OF TABLES (119 Tables)
TABLE 1 OUT OF SCOPE
TABLE 2 USD EXCHANGE RATES CONSIDERED, 20142019
TABLE 3 MARKET SNAPSHOT, 2020 VS. 2026
TABLE 4 APPLICATIONS AND BENEFITS OF ENZYMES
TABLE 5 ENZYME PREPARATION APPROVED-FOOD ADDITIVES LISTED IN 21 CFR 173
TABLE 6 ENZYME PREPARATION SPECIFIED IN FOOD STANDARDS
TABLE 7 ENZYME PREPARATIONS AFFIRMED AS GRAS LISTED IN 21 CFR 184
TABLE 8 LIST OF PERMITTED ENZYMES IN EUROPE
TABLE 9 PATENTS PERTAINING TO ENZYMES, 2017-2020
TABLE 10 INDUSTRIAL ENZYMES MARKET SIZE, BY TYPE, 20182026 (USD MILLION)
TABLE 11 MARKET SIZE, BY TYPE, 20182026 (TONS)
TABLE 12 CARBOHYDRASES: INDUSTRIAL ENZYMES MARKET SIZE, BY SUBTYPE, 20182026 (USD MILLION)
TABLE 13 CARBOHYDRASES MARKET SIZE, BY REGION, 20182026 (USD MILLION)
TABLE 14 CARBOHYDRASES MARKET SIZE, BY REGION, 20182026 (TONS)
TABLE 15 AMYLASES MARKET SIZE, BY REGION, 20182026 (USD MILLION)
TABLE 16 CELLULASES MARKET SIZE, BY REGION, 20182026 (USD MILLION)
TABLE 17 OTHER CARBOHYDRASES MARKET SIZE, BY REGION, 20182026 (USD MILLION)
TABLE 18 PROTEASES MARKET SIZE, BY REGION, 20182026 (USD MILLION)
TABLE 19 PROTEASES MARKET SIZE, BY REGION, 20182026 (TONS)
TABLE 20 LIPASES MARKET SIZE, BY REGION, 20182026 (USD MILLION)
TABLE 21 LIPASES MARKET SIZE, BY REGION, 20182026 (TONS)
TABLE 22 POLYMERASES & NUCLEASES MARKET SIZE, BY REGION, 20182026 (USD MILLION)
TABLE 23 POLYMERASES & NUCLEASES MARKET SIZE, BY REGION, 20182026 (TONS)
TABLE 24 OTHER ENZYME TYPES MARKET SIZE, BY REGION, 20182026 (USD MILLION)
TABLE 25 OTHER ENZYME TYPES MARKET SIZE, BY REGION, 20182026 (TONS)
TABLE 26 INDUSTRIAL ENZYME MARKET SIZE, BY APPLICATION, 20182026 (USD MILLION)
TABLE 27 MARKET SIZE IN FOOD & BEVERAGES, BY REGION, 20182026 (USD MILLION)
TABLE 28 MARKET SIZE IN FOOD & BEVERAGES, BY SUBAPPLICATION, 20182026 (USD MILLION)
TABLE 29 MARKET SIZE IN MEAT PROCESSING, BY REGION, 20182026 (USD MILLION)
TABLE 30 MARKET SIZE IN MEAT PROCESSING, BY TYPE, 20182026 (USD MILLION)
TABLE 31 MARKET SIZE IN DAIRY PRODUCTS, BY REGION, 20182026 (USD MILLION)
TABLE 32 MARKET SIZE IN DAIRY PRODUCTS, BY TYPE, 20182026 (USD MILLION)
TABLE 33 MARKET SIZE IN BEVERAGES, BY REGION, 20182026 (USD MILLION)
TABLE 34 MARKET SIZE IN BEVERAGES, BY TYPE, 20182026 (USD MILLION)
TABLE 35 MARKET SIZE IN BAKERY & CONFECTIONERY PRODUCTS, BY REGION, 20182026 (USD MILLION)
TABLE 36 MARKET SIZE IN BAKERY & CONFECTIONERY PRODUCTS, BY TYPE, 20182026 (USD MILLION)
TABLE 37 MARKET SIZE IN NUTRACEUTICALS, BY REGION, 20182026 (USD MILLION)
TABLE 38 MARKET SIZE IN NUTRACEUTICALS, BY TYPE, 20182026 (USD MILLION)
TABLE 39 MARKET SIZE IN OTHER FOOD & BEVERAGES, BY REGION, 20182026 (USD MILLION)
TABLE 40 MARKET SIZE IN OTHER FOOD & BEVERAGES, BY TYPE, 20182026 (USD MILLION)
TABLE 41 MARKET SIZE IN BIOETHANOL, BY REGION, 20182026 (USD MILLION)
TABLE 42 MARKET SIZE IN BIOETHANOL, BY TYPE, 20182026 (USD MILLION)
TABLE 43 INDUSTRIAL ENZYMES MARKET SIZE IN TEXTILES & LEATHER, BY REGION, 20182026 (USD MILLION)
TABLE 44 MARKET SIZE IN TEXTILES & LEATHER, BY TYPE, 20182026 (USD MILLION)
TABLE 45 MARKET SIZE IN DETERGENTS, BY REGION, 20182026 (USD MILLION)
TABLE 46 MARKET SIZE IN DETERGENTS, BY TYPE, 20182026 (USD MILLION)
TABLE 47 MARKET SIZE IN DETERGENTS, BY SUBAPPLICATION, 20182026 (USD MILLION)
TABLE 48 MARKET SIZE IN LAUNDRY DETERGENTS, BY REGION, 20182026 (USD MILLION)
TABLE 49 INDUSTRIAL ENZYMES MARKET SIZE IN LAUNDRY DETERGENTS, BY TYPE, 20182026 (USD MILLION)
TABLE 50 MARKET SIZE IN AUTOMATIC DISHWASHING DETERGENTS, BY REGION, 20182026 (USD MILLION)
TABLE 51 MARKET SIZE IN AUTOMATIC DISHWASHING DETERGENTS, BY TYPE, 20182026 (USD MILLION)
TABLE 52 MARKET SIZE IN OTHER DETERGENT TYPES, BY REGION, 20182026 (USD MILLION)
TABLE 53 MARKET SIZE IN OTHER DETERGENT TYPES, BY TYPE, 20182026 (USD MILLION)
TABLE 54 MARKET SIZE IN PAPER & PULP, BY REGION, 20182026 (USD MILLION)
TABLE 55 MARKET SIZE IN PAPER & PULP, BY TYPE, 20182026 (USD MILLION)
TABLE 56 MARKET SIZE IN WASTEWATER TREATMENT, BY REGION, 20182026 (USD MILLION)
TABLE 57 MARKET SIZE IN WASTEWATER TREATMENT, BY TYPE, 20182026 (USD MILLION)
TABLE 58 MARKET SIZE IN FEED, BY REGION,20182026 (USD MILLION)
TABLE 59 MARKET SIZE IN FEED, BY TYPE, 20182026 (USD MILLION)
TABLE 60 MARKET SIZE IN FEED, BY SUBAPPLICATION, 20182026 (USD MILLION)
TABLE 61 MARKET SIZE IN RUMINANT FEED, BY REGION, 20182026 (USD MILLION)
TABLE 62 INDUSTRIAL ENZYMES MARKET SIZE IN RUMINANT FEED, BY TYPE, 20182026 (USD MILLION)
TABLE 63 MARKET SIZE IN SWINE FEED, BY REGION, 20182026 (USD MILLION)
TABLE 64 MARKET SIZE IN SWINE FEED, BY TYPE, 20182026 (USD MILLION)
TABLE 65 MARKET SIZE IN POULTRY FEED, BY REGION, 20182026 (USD MILLION)
TABLE 66 MARKET SIZE IN POULTRY FEED, BY TYPE, 20182026 (USD MILLION)
TABLE 67 MARKET SIZE IN AQUA FEED, BY REGION, 20182026 (USD MILLION)
TABLE 68 MARKET SIZE IN AQUA FEED, BY TYPE, 20182026 (USD MILLION)
TABLE 69 MARKET SIZE IN OTHER FEED, BY REGION, 20182026 (USD MILLION)
TABLE 70 MARKET SIZE IN OTHER FEED, BY TYPE, 20182026 (USD MILLION)
TABLE 71 MARKET SIZE IN OTHER APPLICATIONS, BY REGION, 20182026 (USD MILLION)
TABLE 72 MARKET SIZE IN OTHER APPLICATIONS, BY TYPE, 20182026 (USD MILLION)
TABLE 73 MARKET SIZE, BY SOURCE, 20182026 (USD MILLION)
TABLE 74 MICROORGANISM-BASED INDUSTRIAL ENZYMES MARKET SIZE, BY REGION, 20182026 (USD MILLION)
TABLE 75 PLANT-BASED INDUSTRIAL ENZYMES MARKET SIZE, BY REGION, 20182026 (USD MILLION)
TABLE 76 ANIMAL-BASED INDUSTRIAL ENZYMES MARKET SIZE, BY REGION, 20182026 (USD MILLION)
TABLE 77 INDUSTRIAL ENZYMES MARKET SIZE, BY REGION, 20182026 (USD MILLION)
TABLE 78 NORTH AMERICA: MARKET SIZE, BY COUNTRY, 20182026 (USD MILLION)
TABLE 79 NORTH AMERICA: MARKET SIZE, BY TYPE, 20182026 (USD MILLION)
TABLE 80 NORTH AMERICA: MARKET SIZE, BY TYPE, 20182026 (TONS)
TABLE 81 NORTH AMERICA: MARKET SIZE, BY APPLICATION, 20182026 (USD MILLION)
TABLE 82 NORTH AMERICA: MARKET SIZE, BY SOURCE, 20182026 (USD MILLION)
TABLE 83 US: MARKET SIZE, BY APPLICATION, 20182026 (USD MILLION)
TABLE 84 CANADA: MARKET SIZE, BY APPLICATION, 20182026 (USD MILLION)
TABLE 85 MEXICO: MARKET SIZE, BY APPLICATION, 20182026 (USD MILLION)
TABLE 86 EUROPE: MARKET SIZE, BY COUNTRY/REGION, 20182026 (USD MILLION)
TABLE 87 EUROPE: INDUSTRIAL ENZYMES MARKET SIZE, BY TYPE, 20182026 (USD MILLION)
TABLE 88 EUROPE: MARKET SIZE, BY TYPE, 20182026 (TONS)
TABLE 89 EUROPE: MARKET SIZE, BY APPLICATION, 20182026 (USD MILLION)
TABLE 90 EUROPE: MARKET SIZE, BY SOURCE, 20182026 (USD MILLION)
TABLE 91 ITALY: MARKET SIZE, BY APPLICATION, 20182026 (USD MILLION)
TABLE 92 GERMANY: MARKET SIZE, BY APPLICATION, 20182026 (USD MILLION)
TABLE 93 FRANCE: MARKET SIZE, BY APPLICATION, 20182026 (USD MILLION)
TABLE 94 SPAIN: MARKET SIZE, BY APPLICATION, 20182026 (USD MILLION)
TABLE 95 UK: MARKET SIZE, BY APPLICATION, 20182026 (USD MILLION)
TABLE 96 REST OF EUROPE: MARKET SIZE, BY APPLICATION, 20182026 (USD MILLION)
TABLE 97 ASIA PACIFIC: MARKET SIZE, BY COUNTRY/REGION, 20182026 (USD MILLION)
TABLE 98 ASIA PACIFIC: MARKET SIZE, BY TYPE, 20182026 (USD MILLION)
TABLE 99 ASIA PACIFIC: INDUSTRIAL ENZYMES MARKET SIZE, BY TYPE, 20182026 (TONS)
TABLE 100 ASIA PACIFIC: MARKET SIZE, BY APPLICATION, 20182026 (USD MILLION)
TABLE 101 ASIA PACIFIC: MARKET SIZE, BY SOURCE, 20182026 (USD MILLION)
TABLE 102 CHINA: MARKET SIZE, BY APPLICATION, 20182026 (USD MILLION)
TABLE 103 INDIA: MARKET SIZE, BY APPLICATION, 20182026 (USD MILLION)
TABLE 104 JAPAN: MARKET SIZE, BY APPLICATION, 20182026 (USD MILLION)
TABLE 105 AUSTRALIA & NEW ZEALAND: MARKET SIZE, BY APPLICATION, 20182026 (USD MILLION)
TABLE 106 REST OF ASIA PACIFIC: MARKET SIZE, BY APPLICATION, 20182026 (USD MILLION)
TABLE 107 ROW: INDUSTRIAL ENZYMES MARKET SIZE, BY COUNTRY, 20182026 (USD MILLION)
TABLE 108 ROW: MARKET SIZE, BY TYPE, 20182026 (USD MILLION)
TABLE 109 ROW: MARKET SIZE, BY TYPE, 20182026 (TONS)
TABLE 110 ROW: MARKET SIZE, BY APPLICATION, 20182026 (USD MILLION)
TABLE 111 ROW: MARKET SIZE, BY SOURCE, 20182026 (USD MILLION)
TABLE 112 BRAZIL: MARKET SIZE, BY APPLICATION, 20182026 (USD MILLION)
TABLE 113 ARGENTINA: MARKET SIZE, BY APPLICATION, 20182026 (USD MILLION)
TABLE 114 SOUTH AFRICA: MARKET SIZE, BY APPLICATION, 20182026 (USD MILLION)
TABLE 115 OTHERS IN ROW: MARKET SIZE, BY APPLICATION, 20182026 (USD MILLION)
TABLE 116 EXPANSIONS & INVESTMENTS, 20182020
TABLE 117 AGREEMENTS, COLLABORATIONS, AND JOINT VENTURES, 20172019
TABLE 118 NEW PRODUCT LAUNCHES, 20172019
TABLE 119 ACQUISITIONS, 20172019
LIST OF FIGURES (50 Figures)
FIGURE 1 MARKET SEGMENTATION
FIGURE 2 RESEARCH DESIGN
FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS: BY VALUE CHAIN, DESIGNATION, AND REGION
FIGURE 4 KEY ECONOMIES BASED ON GDP, 20132018 (USD TRILLION)
FIGURE 5 R&D EXPENDITURE FOR BIOTECHNOLOGY, 2019
FIGURE 6 DATA TRIANGULATION METHODOLOGY
FIGURE 7 INDUSTRIAL ENZYMES MARKET SIZE, BY TYPE, 2020 VS. 2026 (USD MILLION)
FIGURE 8 MARKET SIZE, BY TYPE, 2020 VS. 2026 (TONS)
FIGURE 9 MARKET SIZE, BY APPLICATION, 2020 VS. 2026 (USD MILLION)
FIGURE 10 MARKET SIZE, BY SOURCE, 2020 VS. 2026 (USD MILLION)
FIGURE 11 MARKET SHARE (VALUE), BY REGION, 2019
FIGURE 12 GROWING ENVIRONMENTAL CONCERNS AND RISE IN DEMAND FOR BIOETHANOL ARE PROJECTED TO DRIVE THE GROWTH OF THE MARKET
FIGURE 13 US WAS THE LARGEST MARKET GLOBALLY FOR INDUSTRIAL ENZYMES IN 2019
FIGURE 14 US ACCOUNTED FOR THE LARGEST SHARE IN THE NORTH AMERICAN MARKET IN 2019
FIGURE 15 NORTH AMERICA IS PROJECTED TO DOMINATE THE MARKET FOR INDUSTRIAL ENZYMES, 2020 VS. 2026
FIGURE 16 THE FOOD & BEVERAGES SEGMENT IS PROJECTED TO DOMINATE THE INDUSTRIAL ENZYMES MARKET DURING THE FORECAST PERIOD, 2020 VS. 2026
FIGURE 17 INDUSTRIAL ENZYMES MARKET: VALUE CHAIN
FIGURE 18 MARKET DYNAMICS
FIGURE 19 FOOD DIAGNOSTICS MARKET SIZE, BY REGION, 20162023 (USD BILLION)
FIGURE 20 GLOBAL EXPENDITURE ON R&D, 20152018 (USD MILLION)
FIGURE 21 PATENT INSIGHTS
FIGURE 22 INDUSTRIAL ENZYMES MARKET SHARE (VALUE), BY TYPE, 2020 VS. 2026
FIGURE 23 MARKET SHARE (VALUE), BY APPLICATION, 2020 VS. 2026
FIGURE 24 MARKET SHARE (VALUE), BY SOURCE, 2020 VS. 2026
FIGURE 25 PRODUCTION OF DRY ENZYMES
FIGURE 26 INDUSTRIAL ENZYMES MARKET GROWTH, BY KEY COUNTRY, 20202026
FIGURE 27 NORTH AMERICA: GLOBAL MARKET SNAPSHOT
FIGURE 28 EUROPE: MARKET SNAPSHOT
FIGURE 29 RENEWABLE SOURCES OF ENERGY FOR THE TRANSPORT SECTOR IN GERMANY, 2017
FIGURE 30 ASIA PACIFIC: MARKET SNAPSHOT
FIGURE 31 INDUSTRIAL ENZYMES MARKET: COMPETITIVE LEADERSHIP MAPPING, 2018 (OVERALL MARKET)
FIGURE 32 PRODUCT PORTFOLIO ANALYSIS OF TOP PLAYERS IN MARKET (OVERALL MARKET)
FIGURE 33 BUSINESS STRATEGY EXCELLENCE OF TOP PLAYERS IN MARKET (OVERALL MARKET)
FIGURE 34 INDUSTRIAL ENZYMES MARKET: COMPETITIVE LEADERSHIP MAPPING, 2018 (START-UP/SME)
FIGURE 35 PRODUCT PORTFOLIO ANALYSIS OF TOP PLAYERS IN INDUSTRIAL ENZYMES MARKET (START-UP/SME)
FIGURE 36 BUSINESS STRATEGY EXCELLENCE OF TOP PLAYERS IN INDUSTRIAL ENZYMES MARKET (START-UP/SME)
FIGURE 37 GLOBAL MARKET SHARE, BY COMPANY, 2018
FIGURE 38 BASF: COMPANY SNAPSHOT
FIGURE 39 BASF: SWOT ANALYSIS
FIGURE 40 NOVOZYMES: COMPANY SNAPSHOT
FIGURE 41 NOVOZYMES: SWOT ANALYSIS
FIGURE 42 DUPONT: COMPANY SNAPSHOT
FIGURE 43 DUPONT: SWOT ANALYSIS
FIGURE 44 DSM: COMPANY SNAPSHOT
FIGURE 45 DSM: SWOT ANALYSIS
FIGURE 46 KERRY GROUP: COMPANY SNAPSHOT
FIGURE 47 KERRY GROUP: SWOT ANALYSIS
FIGURE 48 DYADIC INTERNATIONAL: COMPANY SNAPSHOT
FIGURE 49 ADVANCED ENZYMES: COMPANY SNAPSHOT
FIGURE 50 CHR. HANSEN: COMPANY SNAPSHOT
The study involved four major activities in estimating the market size for industrial enzymes. Exhaustive secondary research was conducted to collect information on the market, peer market, and parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both the top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation were used to estimate the market size of segments and subsegments.
Secondary Research
In the secondary research process, various secondary sources, such as Hoovers, Bloomberg BusinessWeek, and Dun & Bradstreet, were referred to, to identify and collect information for this study. These secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, gold & silver standard websites, regulatory bodies, trade directories, and databases.
Primary Research
The market comprises several stakeholders, such as raw material suppliers, processors, end-product manufacturers, and regulatory organizations in the supply chain. The demand side of the market is characterized by the presence of enzyme manufacturing companies and government organizations, service providing company officials, government and research organizations, and research officers. The supply side is characterized by the presence of key CEOs and vice presidents, marketing directors, product innovation directors and related key executives from manufacturing companies and organizations operating in the market, and manufacturing and marketing companies. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information.
Given below is the breakdown of the primary respondents.
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the total size of the industrial enzymes market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:
- The key players were identified through extensive primary and secondary research.
- The value chain and market size of the industrial enzymes market, in terms of value, were determined through primary and secondary research.
- All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
- All possible parameters that affect the market covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data.
- The research included the study of reports, reviews, newsletters of top market players, along with extensive interviews for opinions from key leaders, such as CEOs, directors, and marketing executives.
Top-down Approach
In the top-down approach, the overall market size was used to estimate the size of individual markets (mentioned in the segmentation) through percentage splits from secondary and primary research.
Data Triangulation
After arriving at the overall market size from the estimation process described above, the total market was split into several segments. To complete the overall market engineering process and arrive at the exact statistics for all segments, the data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides. In addition, the market size was validated using both top-down and bottom-up approaches. It was then verified through primary interviews. Hence, three approaches were adoptedtop-down approach, bottom-up approach, and the one involving expert interviews. Only when the values arrived at from the three points match, the data is assumed to be correct.
Report Objectives
- To describe and forecast the industrial enzymes market, in terms of type, source, application, form, and region
- To describe and forecast the industrial enzymes market, in terms of value, by regionNorth America, Europe, Asia Pacific, and the Rest of the Worldalong with their respective countries
- To provide detailed information regarding the major factors influencing the market growth (drivers, restraints, opportunities, and challenges)
- To strategically analyze micro-markets with respect to individual growth trends, prospects, and contributions to the overall market
- To study the complete value chain of the industrial enzymes market
- To analyze opportunities in the market for stakeholders by identifying the high-growth segments of the industrial enzymes market
- To strategically profile the key players and comprehensively analyze their market positions, in terms of ranking and core competencies, along with details on the competitive landscape of market leaders
- To analyze strategic approaches, such as acquisitions & divestments, expansions, product launches & approvals, and agreements, in the industrial enzymes market
Available Customizations
Based on the given market data, MarketsandMarkets offers customizations in the reports according to client-specific requirements. The available customization options are as follows:
Geographic Analysis
- Further breakdown of the Rest of the World industrial enzymes market into Brazil, Argentina, South Africa, and RoW (Nigeria, Kenya, Ethiopia, Tanzania, Morocco, Egypt, and the Democratic Republic of Congo)
- Further breakdown of the Rest of European industrial enzymes market into Poland, Belgium, Sweden, and other EU & non-EU countries
Segment Analysis
- Further breakdown of the application segment into major countries
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Growth opportunities and latent adjacency in Industrial Enzymes Market
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