Industrial Enzymes Market

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

Report Code: FB 2277 Apr, 2020, by marketsandmarkets.com
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[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.

Industrial Enzymes 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.

Industrial Enzymes Market

North America is projected to account for the largest market share during the forecast period

In 2019, North America accounted for the largest market 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.

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

2018–2026

Base year considered

2019

Forecast period considered

2020–2026

Units considered

Value (USD)

Segments covered

Type, source, applications, form, and region

Regions covered

North America, Europe, Asia Pacific, and RoW

Companies studied

  • BASF (Germany)
  • Novozymes (Denmark)
  • DuPont (US)
  • DSM (Netherlands)
  • Kerry Group (Ireland)
  • Dyadic International (US)
  • Advanced Enzymes (India)
  • Chr. Hansen (Denmark)
  • Amano Enzymes (Japan)
  • Megazyme (Ireland)
  • Aumgene Biosciences (India)
  • Biocatalysts (UK)
  • Enzyme Supplies (UK)
  • Creative Enzymes (US)
  • Enzyme Solutions (US)
  • Enzymatic Deinking Technologies (US)
  • Sunson Industry Group (China)
  • MetGen (Finland)
  • Denykem (UK)
  • Tex Biosciences (India)

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

Report Scope

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. The product 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 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 INDUSTRIAL ENZYMES 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, 2014–2019
TABLE 3 INDUSTRIAL ENZYMES 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, 2018–2026 (USD MILLION)
TABLE 11 INDUSTRIAL ENZYMES MARKET SIZE, BY TYPE, 2018–2026 (TONS)
TABLE 12 CARBOHYDRASES: INDUSTRIAL ENZYMES MARKET SIZE, BY SUBTYPE, 2018–2026 (USD MILLION)
TABLE 13 CARBOHYDRASES MARKET SIZE, BY REGION, 2018–2026 (USD MILLION)
TABLE 14 CARBOHYDRASES MARKET SIZE, BY REGION, 2018–2026 (TONS)
TABLE 15 AMYLASES MARKET SIZE, BY REGION, 2018–2026 (USD MILLION)
TABLE 16 CELLULASES MARKET SIZE, BY REGION, 2018–2026 (USD MILLION)
TABLE 17 OTHER CARBOHYDRASES MARKET SIZE, BY REGION, 2018–2026 (USD MILLION)
TABLE 18 PROTEASES MARKET SIZE, BY REGION, 2018–2026 (USD MILLION)
TABLE 19 PROTEASES MARKET SIZE, BY REGION, 2018–2026 (TONS)
TABLE 20 LIPASES MARKET SIZE, BY REGION, 2018–2026 (USD MILLION)
TABLE 21 LIPASES MARKET SIZE, BY REGION, 2018–2026 (TONS)
TABLE 22 POLYMERASES & NUCLEASES MARKET SIZE, BY REGION, 2018–2026 (USD MILLION)
TABLE 23 POLYMERASES & NUCLEASES MARKET SIZE, BY REGION, 2018–2026 (TONS)
TABLE 24 OTHER ENZYME TYPES MARKET SIZE, BY REGION, 2018–2026 (USD MILLION)
TABLE 25 OTHER ENZYME TYPES MARKET SIZE, BY REGION, 2018–2026 (TONS)
TABLE 26 INDUSTRIAL ENZYMES MARKET SIZE, BY APPLICATION, 2018–2026 (USD MILLION)
TABLE 27 MARKET SIZE IN FOOD & BEVERAGES, BY REGION, 2018–2026 (USD MILLION)
TABLE 28 MARKET SIZE IN FOOD & BEVERAGES, BY SUBAPPLICATION, 2018–2026 (USD MILLION)
TABLE 29 MARKET SIZE IN MEAT PROCESSING, BY REGION, 2018–2026 (USD MILLION)
TABLE 30 MARKET SIZE IN MEAT PROCESSING, BY TYPE, 2018–2026 (USD MILLION)
TABLE 31 MARKET SIZE IN DAIRY PRODUCTS, BY REGION, 2018–2026 (USD MILLION)
TABLE 32 MARKET SIZE IN DAIRY PRODUCTS, BY TYPE, 2018–2026 (USD MILLION)
TABLE 33 MARKET SIZE IN BEVERAGES, BY REGION, 2018–2026 (USD MILLION)
TABLE 34 MARKET SIZE IN BEVERAGES, BY TYPE, 2018–2026 (USD MILLION)
TABLE 35 MARKET SIZE IN BAKERY & CONFECTIONERY PRODUCTS, BY REGION, 2018–2026 (USD MILLION)
TABLE 36 MARKET SIZE IN BAKERY & CONFECTIONERY PRODUCTS, BY TYPE, 2018–2026 (USD MILLION)
TABLE 37 MARKET SIZE IN NUTRACEUTICALS, BY REGION, 2018–2026 (USD MILLION)
TABLE 38 MARKET SIZE IN NUTRACEUTICALS, BY TYPE, 2018–2026 (USD MILLION)
TABLE 39 MARKET SIZE IN OTHER FOOD & BEVERAGES, BY REGION, 2018–2026 (USD MILLION)
TABLE 40 MARKET SIZE IN OTHER FOOD & BEVERAGES, BY TYPE, 2018–2026 (USD MILLION)
TABLE 41 MARKET SIZE IN BIOETHANOL, BY REGION, 2018–2026 (USD MILLION)
TABLE 42 MARKET SIZE IN BIOETHANOL, BY TYPE, 2018–2026 (USD MILLION)
TABLE 43 INDUSTRIAL ENZYMES MARKET SIZE IN TEXTILES & LEATHER, BY REGION, 2018–2026 (USD MILLION)
TABLE 44 MARKET SIZE IN TEXTILES & LEATHER, BY TYPE, 2018–2026 (USD MILLION)
TABLE 45 MARKET SIZE IN DETERGENTS, BY REGION, 2018–2026 (USD MILLION)
TABLE 46 MARKET SIZE IN DETERGENTS, BY TYPE, 2018–2026 (USD MILLION)
TABLE 47 MARKET SIZE IN DETERGENTS, BY SUBAPPLICATION, 2018–2026 (USD MILLION)
TABLE 48 MARKET SIZE IN LAUNDRY DETERGENTS, BY REGION, 2018–2026 (USD MILLION)
TABLE 49 INDUSTRIAL ENZYMES MARKET SIZE IN LAUNDRY DETERGENTS, BY TYPE, 2018–2026 (USD MILLION)
TABLE 50 MARKET SIZE IN AUTOMATIC DISHWASHING DETERGENTS, BY REGION, 2018–2026 (USD MILLION)
TABLE 51 MARKET SIZE IN AUTOMATIC DISHWASHING DETERGENTS, BY TYPE, 2018–2026 (USD MILLION)
TABLE 52 MARKET SIZE IN OTHER DETERGENT TYPES, BY REGION, 2018–2026 (USD MILLION)
TABLE 53 MARKET SIZE IN OTHER DETERGENT TYPES, BY TYPE, 2018–2026 (USD MILLION)
TABLE 54 MARKET SIZE IN PAPER & PULP, BY REGION, 2018–2026 (USD MILLION)
TABLE 55 MARKET SIZE IN PAPER & PULP, BY TYPE, 2018–2026 (USD MILLION)
TABLE 56 MARKET SIZE IN WASTEWATER TREATMENT, BY REGION, 2018–2026 (USD MILLION)
TABLE 57 MARKET SIZE IN WASTEWATER TREATMENT, BY TYPE, 2018–2026 (USD MILLION)
TABLE 58 MARKET SIZE IN FEED, BY REGION,2018–2026 (USD MILLION)
TABLE 59 MARKET SIZE IN FEED, BY TYPE, 2018–2026 (USD MILLION)
TABLE 60 MARKET SIZE IN FEED, BY SUBAPPLICATION, 2018–2026 (USD MILLION)
TABLE 61 MARKET SIZE IN RUMINANT FEED, BY REGION, 2018–2026 (USD MILLION)
TABLE 62 INDUSTRIAL ENZYMES MARKET SIZE IN RUMINANT FEED, BY TYPE, 2018–2026 (USD MILLION)
TABLE 63 MARKET SIZE IN SWINE FEED, BY REGION, 2018–2026 (USD MILLION)
TABLE 64 MARKET SIZE IN SWINE FEED, BY TYPE, 2018–2026 (USD MILLION)
TABLE 65 MARKET SIZE IN POULTRY FEED, BY REGION, 2018–2026 (USD MILLION)
TABLE 66 MARKET SIZE IN POULTRY FEED, BY TYPE, 2018–2026 (USD MILLION)
TABLE 67 MARKET SIZE IN AQUA FEED, BY REGION, 2018–2026 (USD MILLION)
TABLE 68 MARKET SIZE IN AQUA FEED, BY TYPE, 2018–2026 (USD MILLION)
TABLE 69 MARKET SIZE IN OTHER FEED, BY REGION, 2018–2026 (USD MILLION)
TABLE 70 MARKET SIZE IN OTHER FEED, BY TYPE, 2018–2026 (USD MILLION)
TABLE 71 MARKET SIZE IN OTHER APPLICATIONS, BY REGION, 2018–2026 (USD MILLION)
TABLE 72 MARKET SIZE IN OTHER APPLICATIONS, BY TYPE, 2018–2026 (USD MILLION)
TABLE 73 MARKET SIZE, BY SOURCE, 2018–2026 (USD MILLION)
TABLE 74 MICROORGANISM-BASED INDUSTRIAL ENZYMES MARKET SIZE, BY REGION, 2018–2026 (USD MILLION)
TABLE 75 PLANT-BASED INDUSTRIAL ENZYMES MARKET SIZE, BY REGION, 2018–2026 (USD MILLION)
TABLE 76 ANIMAL-BASED INDUSTRIAL ENZYMES MARKET SIZE, BY REGION, 2018–2026 (USD MILLION)
TABLE 77 INDUSTRIAL ENZYMES MARKET SIZE, BY REGION, 2018–2026 (USD MILLION)
TABLE 78 NORTH AMERICA: MARKET SIZE, BY COUNTRY, 2018–2026 (USD MILLION)
TABLE 79 NORTH AMERICA: MARKET SIZE, BY TYPE, 2018–2026 (USD MILLION)
TABLE 80 NORTH AMERICA: MARKET SIZE, BY TYPE, 2018–2026 (TONS)
TABLE 81 NORTH AMERICA: MARKET SIZE, BY APPLICATION, 2018–2026 (USD MILLION)
TABLE 82 NORTH AMERICA: MARKET SIZE, BY SOURCE, 2018–2026 (USD MILLION)
TABLE 83 US: MARKET SIZE, BY APPLICATION, 2018–2026 (USD MILLION)
TABLE 84 CANADA: MARKET SIZE, BY APPLICATION, 2018–2026 (USD MILLION)
TABLE 85 MEXICO: MARKET SIZE, BY APPLICATION, 2018–2026 (USD MILLION)
TABLE 86 EUROPE: MARKET SIZE, BY COUNTRY/REGION, 2018–2026 (USD MILLION)
TABLE 87 EUROPE: INDUSTRIAL ENZYMES MARKET SIZE, BY TYPE, 2018–2026 (USD MILLION)
TABLE 88 EUROPE: MARKET SIZE, BY TYPE, 2018–2026 (TONS)
TABLE 89 EUROPE: MARKET SIZE, BY APPLICATION, 2018–2026 (USD MILLION)
TABLE 90 EUROPE: MARKET SIZE, BY SOURCE, 2018–2026 (USD MILLION)
TABLE 91 ITALY: MARKET SIZE, BY APPLICATION, 2018–2026 (USD MILLION)
TABLE 92 GERMANY: MARKET SIZE, BY APPLICATION, 2018–2026 (USD MILLION)
TABLE 93 FRANCE: MARKET SIZE, BY APPLICATION, 2018–2026 (USD MILLION)
TABLE 94 SPAIN: MARKET SIZE, BY APPLICATION, 2018–2026 (USD MILLION)
TABLE 95 UK: MARKET SIZE, BY APPLICATION, 2018–2026 (USD MILLION)
TABLE 96 REST OF EUROPE: MARKET SIZE, BY APPLICATION, 2018–2026 (USD MILLION)
TABLE 97 ASIA PACIFIC: MARKET SIZE, BY COUNTRY/REGION, 2018–2026 (USD MILLION)
TABLE 98 ASIA PACIFIC: MARKET SIZE, BY TYPE, 2018–2026 (USD MILLION)
TABLE 99 ASIA PACIFIC: INDUSTRIAL ENZYMES MARKET SIZE, BY TYPE, 2018–2026 (TONS)
TABLE 100 ASIA PACIFIC: MARKET SIZE, BY APPLICATION, 2018–2026 (USD MILLION)
TABLE 101 ASIA PACIFIC: MARKET SIZE, BY SOURCE, 2018–2026 (USD MILLION)
TABLE 102 CHINA: MARKET SIZE, BY APPLICATION, 2018–2026 (USD MILLION)
TABLE 103 INDIA: MARKET SIZE, BY APPLICATION, 2018–2026 (USD MILLION)
TABLE 104 JAPAN: MARKET SIZE, BY APPLICATION, 2018–2026 (USD MILLION)
TABLE 105 AUSTRALIA & NEW ZEALAND: MARKET SIZE, BY APPLICATION, 2018–2026 (USD MILLION)
TABLE 106 REST OF ASIA PACIFIC: MARKET SIZE, BY APPLICATION, 2018–2026 (USD MILLION)
TABLE 107 ROW: INDUSTRIAL ENZYMES MARKET SIZE, BY COUNTRY, 2018–2026 (USD MILLION)
TABLE 108 ROW: MARKET SIZE, BY TYPE, 2018–2026 (USD MILLION)
TABLE 109 ROW: MARKET SIZE, BY TYPE, 2018–2026 (TONS)
TABLE 110 ROW: MARKET SIZE, BY APPLICATION, 2018–2026 (USD MILLION)
TABLE 111 ROW: MARKET SIZE, BY SOURCE, 2018–2026 (USD MILLION)
TABLE 112 BRAZIL: INDUSTRIAL ENZYMES MARKET SIZE, BY APPLICATION, 2018–2026 (USD MILLION)
TABLE 113 ARGENTINA: MARKET SIZE, BY APPLICATION, 2018–2026 (USD MILLION)
TABLE 114 SOUTH AFRICA: MARKET SIZE, BY APPLICATION, 2018–2026 (USD MILLION)
TABLE 115 OTHERS IN ROW: MARKET SIZE, BY APPLICATION, 2018–2026 (USD MILLION)
TABLE 116 EXPANSIONS & INVESTMENTS, 2018–2020
TABLE 117 AGREEMENTS, COLLABORATIONS, AND JOINT VENTURES, 2017–2019
TABLE 118 NEW PRODUCT LAUNCHES, 2017–2019
TABLE 119 ACQUISITIONS, 2017–2019


LIST OF FIGURES (50 Figures)

FIGURE 1 MARKET SEGMENTATION
FIGURE 2 INDUSTRIAL ENZYMES MARKET: RESEARCH DESIGN
FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS: BY VALUE CHAIN, DESIGNATION, AND REGION
FIGURE 4 KEY ECONOMIES BASED ON GDP, 2013–2018 (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 INDUSTRIAL ENZYMES 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, 2016–2023 (USD BILLION)
FIGURE 20 GLOBAL EXPENDITURE ON R&D, 2015–2018 (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, 2020–2026
FIGURE 27 NORTH AMERICA: INDUSTRIAL ENZYMES 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 INDUSTRIAL ENZYMES 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.

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 various subsegments in the market. The research methodology used to estimate the market size include 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.

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 adopted—top-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 market, in terms of value, by region–North America, Europe, Asia Pacific, and the Rest of the World—along 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 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.
Report Code
FB 2277
Published ON
Apr, 2020
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