Industrial Enzymes Market by Type (Carbohydrases, Proteases, Lipases, Polymerases & Nucleases), Application (Food & Beverages, Bioethanol, Feed, Detergents, Wastewater, Soil, and Oil Treatment), Source, Formulation, and Region - Global Forecast to 2026
[284 Pages Report] The global industrial enzymes market is estimated to be valued at USD 6.6 billion in 2021. It is projected to reach USD 9.1 billion by 2026, recording a CAGR of 6.7% during the forecast period. The use of enzymes helps in ensuring better product quality with a lower manufacturing cost and lesser waste and energy consumption. The extent to which a desired industrial effect is achieved by an enzyme can be controlled through various means, such as dose, temperature, and time, as enzymes are catalysts, and their amount added to accomplish a reaction is relatively small.
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Impact of Covid-19 on Industrial Enzymes Market
The COVID-19 pandemic has highlighted the importance of eating healthy and nutritious food with a balanced intake of enzymes and other energy sources. As a result, fortified foods & beverages infused with nutritional enzymes and other healthy ingredients are witnessing an increase in demand. The market for meat products is projected to record a considerably lower growth rate due to the aversions toward meat products among consumers. However, the demand for bakery & confectionery products, dairy products, and juices is projected to increase with the rise in health concerns and increase in awareness regarding enzyme-infused products.
Market Dynamics
Drivers: Switch toward renewable sources of energy lead to increasing consumption of bioethanol
The need for non-renewable sources, such as fossil fuels, has increased during the last few decades; hence, the search for sustainable and renewable alternative sources has gained growing interest. Enzymatic hydrolysis in bioethanol production presents a vital step, where sugars that are fermented are obtained in the final fermentation process. 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.
Restraints: Action of enzymes restricted to various external factors
The action of enzymes is largely influenced by the surrounding environmental conditions. A decrease in temperature causes the reaction rate to drop drastically, while thermal agitation denatures the food enzyme (deteriorates the food enzyme structure), thereby making it non-functional. Varying the pH outside the operational range of the food enzyme also reduces the enzyme activity and can ultimately lead to permanent denaturation. Food enzyme manufacturers strive to produce enzymes that can operate in a wide temperature and pH range; however, there is still a long way to go if enzyme use has to be universally implemented in all food & beverages manufacturing processes.
Opportunities: Demand for natural substitutes of 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 threaten 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 get maximum output. Enzymes are also used to improve the nutritional value of food and feed products. 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 environmentally friendly.
Challenges: High costs of raw materials limiting the usage of enzymes
Industrial enzymes catalyze chemical reactions as they increase the rate of reaction that approaches toward stability. Enzymatic processes used in various industrial applications result in reduced 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.
Lyophilization Retaining The Nutritional Value
Lyophilization is also known as freeze-drying; it is a process of removing moisture from raw, frozen products through a vacuum system and sublimation. In the case of a lyophilized powder formulation, there is minimal thermal damage of protein since the entire process is carried out at a temperature less than 30 °C (86 °F). This process has the ability to produce clean, whole, and nutritious food ingredients with a high shelf-life, making products versatile, accessible, and convenient. The lyophilized powder is produced using a unique combination of various coating technologies. This, in turn, leads to effective encapsulation of the enzyme, which isolates it from the environment. This kind of formulation retains the nutritional value better than other drying methods without affecting the actual color and shape of the original raw material, reassuring consumers they are getting real fruits & vegetables.
Increased Production in Lesser Time Boosting the Industrial Usage of Microbial Enzymes
Microbial enzymes play a major role in the industrial enzymes market because they are more stable than plant and animal enzymes. They can be produced through fermentation techniques in a cost-effective manner with less time and space requirement, and because of their high consistency, process modification and optimization are easily done. Novel enzymes that cannot be extracted from plants and animals are derived from microorganisms and can be easily used. Enzymes are biocatalysts that play an important role in metabolic and biochemical reactions. Microbial enzymes are mainly produced by submerged fermentation and solid-state fermentation. The enormous diversity of microbial enzymes makes them an important source of raw materials for industrial applications, such as bioethanol, Paper & pulp, textile & leather, detergents, feed, and wastewater treatment. For example, the use of microbial enzymes in the Paper & pulp industry allows the secondary fiber structure to loosen up, releasing the embedded ink with reduced usage of alkali, chemicals, and detergents.
Increased Usage of Amylase Benefitting the Food & Beverage nd Textile Industries
Amylases are an important type of carbohydrases used to catalyze the hydrolysis of starch into sugars. They are among the main types of enzymes used in the industry to hydrolyze starch molecules into polymers composed of glucose units. Amylase breaks down carbohydrases (polysaccharides) into disaccharides and, ultimately, into monosaccharides, such as glucose. It is used in the baking industry as the addition of amylase to the dough, which enhances the rate of fermentation; this results in the reduction of the viscosity of dough, further improving the volume and texture of the product. Moreover, it generates additional sugar in the dough, which improves the taste, crust color, and toasting qualities of bakery products. Additionally, amylase usage in the textile industry benefits denim manufacturers in de-sizing and lowering operational costs; in the paper industry, amylases help de-inking and drainage improvement. These factors fuel the usage of amylases in industrial applications.
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North America dominated the industrial enzymes market, with a value of USD 2.05 billion in 2020; it is projected to reach USD 2.83 billion by 2026, at a CAGR of 5.77% during the forecast period.
The North American industrial enzymes market is led by their wide industrial applications. Technological advancements have made enzymes available for a wide range of applications. The North American region is the largest market for industrial enzymes, owing to the development of novel and superior-performing products, developed technologies, and global industrialization. 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 a steady growth of 2% in feed production over the last year. This is due to the increase in the growth of major species, with beef and poultry leading at 3% each. This has positively impacted the usage of enzymes in feed in the North American region.
Key Market Players
Key players in this market include DuPont (US), Associated British Foods plc (UK), DSM (Netherlands), Novozymes (US), CHr. Hansen Holdings A/S (Denmark), and Kerry Group (Ireland).
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Report Metric |
Details |
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Market size estimation |
2019–2026 |
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Base year considered |
2021 |
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Forecast period considered |
2022–2026 |
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Units considered |
Value (USD), Volume (Tons) |
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Segments covered |
By formulation, source, type, application, and region |
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Regions covered |
North America, Asia Pacific, Europe, South America, and RoW |
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Companies studied |
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This research report categorizes the industrial enzymes market, based on formulation, source, type, application, and region
Target Audience:
- Enzyme raw material suppliers
- Industrial enzyme manufacturers
- Intermediate suppliers, such as traders and distributors of enzymes
- Manufacturers of food & beverages, bioethanol, pulp & paper, textile & leather, detergents, feed, and wastewater, soil and oil treatment service providers
- Government and research organizations
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Associations, regulatory bodies, and other industry-related bodies:
- European communities
- World Health Organization (WHO)
- Enzymes Technology Association (ETA)
- Association of Manufacturers & Formulators of Enzyme Products (AMFEP)
- OECD-FAO Agricultural Outlook
- United States Department of Agriculture (USDA)
- European Union (EU)
Report Scope
Industrial Enzymes Market:
By formulation
- Lyophilized
- Liquid
- Dry
By source
- Microorganism
- Plant
- Animal
By type
-
Carbohydrases
- Amylases
- Cellulases
- Other Carbohydrases
- Proteases
- Lipases
- Polymerases & Nucleases
- Other types
By application
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Food & beverages
- Bakery & Confectionery products
- Dairy products
- Beverages
- Sugar
- Meat processing products
- Nutraceuticals
- Other food & beverages
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Detergents
- Laundry detergents
- Automatic dishwashing detergents
- Other detergents
-
Feed
- Ruminant Feed
- Swine Feed
- Poultry Feed
- Aqua Feed
- Other Feed
- Bioethanol
- Soil treatment
- Paper & Pulp
- Textiles & Leather
- Wastewater treatment
- Oil treatment
- Other applications
By Region:
- North America
- Europe
- Asia Pacific
- South America
- Rest of the World (RoW)
Recent Developments
- In April 2021, BASF signed an agreement with Sandoz GmbH, a subsidiary of Novartis, to invest at the Kundl/Schaftenau Campus in Austria. This agreement enables BASF to further develop its production footprint for enzymes and biotechnology products.
- In November 2020, DuPont Nutrition & Biosciences (DuPont) undertook a new partnership between its Food & Beverage platform and the Institute for the Future (IFTF), the world’s leading future organization. The collaboration seeks to drive far-sighted food and beverage innovation that anticipates shifts in market needs.
- In October 2018, DSM opened a second Animal Nutrition & Health premix plant in Jadcherla, India. This decision to expand its operations in India will help DSM grow in the Indian market. With this plant, DSM aims to provide tailor-made solutions for local needs.
- In March 2018, Kerry expanded its regional development and application center in Bangpoo, (Thailand). With the industry-leading research and sensory facilities in this center, the company is focused on expansion in the Asian market.
Frequently Asked Questions (FAQ):
Which region is projected to account for the largest share in the industrial enzymes market?
North America dominated the industrial enzymes market, with a value of USD 2,049.65 million in 2020; it is projected to reach USD 2,828.83 million by 2026, at a CAGR of 5.77% during the forecast period. With major companies producing new products in the enzymes industry, food manufacturers are adopting new enzyme technologies for food & beverage applications to address the needs of their consumers. For instance, in December 2020, DuPont Nutrition & Biosciences launched Versilk in North America, which is a clean-label native enzyme designed to optimize texture and taste in yogurts, drinkable dairy products, and other drinkable fermented products. This product is a viscosity-modulating enzyme for high-protein applications. It would allow dairy and plant-based yogurt manufacturers to achieve up to 14% proteins in their final products.
What is the current size of the global industrial enzymes market?
The global industrial enzymes market is estimated to be valued at USD 6.6 billion in 2021. It is projected to reach USD 9.1 billion by 2026, recording a CAGR of 6.7% during the forecast period.
Which are the key players in the market, and how intense is the competition?
Key players in this market include BASF, DuPont, Kerry, and DSM. Since industrial enzymes is a fast-growing market, the existing players are fixated upon improving their market shares, while startups are being established rapidly. The industrial enzymes market can be classified as a fragmented market as it has a large number of organized players, accounting for a major part of the market share, present at the global level, and unorganized players present at the local level in several countries. There are numerous existing and emerging companies, particularly in the European and Asian markets. .
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The study involved four major activities in estimating the market size for industrial enzymes market. 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 sources such as annual reports, press releases & investor presentations of companies, white papers, food journals, certified publications, articles from recognized authors, gold & silver standard websites, directories, and databases, were referred to identify and collect information.
Secondary research was mainly used to obtain key information about the industry’s supply chain, the total pool of key players, and market classification and segmentation as per the industry trends to the bottom-most level, regional markets, and key developments from both market- and technology oriented perspectives
Primary Research
In the primary research process, various sources from the supply and demand sides were interviewed to obtain qualitative and quantitative information. The primary sources from the supply side included industry experts such as CEOs, vice presidents, marketing directors, technology and innovation directors, and related key executives from various key companies and organizations operating in the industrial enzymes market.
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 the various subsegments in the market. The research methodology used to estimate the market size includes the following:
- The key players in the industry and market have been identified through extensive secondary research.
- The revenues of major industrial enzymes manufacturers were determined through primary and secondary research, such as paid databases, which were used as the basis for market estimation.
- All macroeconomic and microeconomic factors affecting the growth of the industrial enzymes market were considered while estimating the market size.
- 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 final quantitative and qualitative data.
Data Triangulation
After arriving at the overall market size from the estimation process explained above, the total market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments, the data triangulation and market breakdown procedures were employed wherever applicable. The data was triangulated by studying various factors and trends from the demand and supply sides. Along with this, the market size was validated using the top-down and bottom-up approaches.
Report Objectives
- To define, segment, and project the global market for industrial enzymes on the basis of formulation, source, type, application, and regio
- To provide detailed information regarding the key factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
- To strategically analyze the micromarkets with respect to individual growth trends, future prospects, and their contribution to the total market
- To ayze the opportunities in the market for stakeholders and provide a competitive landscape of the market leaders
- To project the size of the market and its submarkets, in terms of value and volume, with respect to the regions (along with the key countries)
- To strategically profile the key players and comprehensively analyze their market position and core competencies
- To analyze the competitive developments such as joint ventures, mergers & acquisitions, new product developments, and research & developments in the industrial enzymes market
Available Customizations:
With the given market data, MarketsandMarkets offers customizations according to company-specific scientific needs.
The following customization options are available for the report:
Product Analysis
- Product Matrix, which gives a detailed comparison of the product portfolio of each company
Geographic Analysis
With the given market data, MarketsandMarkets offers customizations according to the company-specific scientific needs.
- Further breakdown of the Rest of Europe market for industrial enzymes into the Greece
- Further breakdown of the Rest of South America market for industrial enzymes into Chile, Peru, and Ecuador
- Further breakdown of other countries in the RoW market for industrial enzymes into Egypt, Israel, and Turkey
Company Information
- Detailed analyses and profiling of additional market players (up to five)
Growth opportunities and latent adjacency in Industrial Enzymes Market
I need data regarding key players, applications, and projected growth in the industrial enzymes market. Also, do you have information about the apps used for the analytical uses of enzymes?
My company needs an analysis of the Industrial Enzymes Market in the Bangladesh region. When can you provide a detailed analysis of the mentioned region, and what will be the cost?