Enzymes Market (By Product: Lipases, Polymerases & Nucleases, Carbohydrase; By Type: Industrial, Specialty; By Source: Plants, Animals) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook and Forecast 2023-2032

The global enzymes market was valued at USD 12.22 billion in 2022 and it is predicted to surpass around USD 22.93 billion by 2032 with a CAGR of 6.5% from 2023 to 2032.

Enzymes Market Size 2023 to 2032

Key Pointers

  • The industrial segment dominated the market with a revenue share of over 56.74% in 2022.
  • The carbohydrase segment dominated the industry and accounted for the largest share of more than 47.05% of the overall revenue in 2022.
  • The microorganisms source segment dominated the overall industry in 2022 and accounted for the maximum share of more than 85.06% of the global revenue.
  • The North America region dominated the industry and accounted for the maximum share of more than 37.53% of the global revenue in 2022.
Report Coverage Details
Market Size in 2022 USD 12.22 billion
Revenue Forecast by 2032 USD 22.93 billion
Growth rate from 2023 to 2032 CAGR of 6.5%
Base Year 2022
Forecast Period 2023 to 2032
Regions Covered North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Covered BASF SE; Novozymes; DuPont Danisco; DSM; Novus International; Adisseo; Associated British Foods Plc; Chr. Hansen Holding A/S; Advanced Enzyme Technologies; Lesaffre; Enzyme Development Corp.

 

The rising demand for food & beverage products is attributed to the increasing consumer awareness related to one’s health and is expected to positively impact the product demand during the forecast period. Enzymes are extracted from different parts of animals, including calf stomach, microorganisms, and plant materials, among others. With the emergence of advanced technologies, product manufacturers can choose their required host for production, such as transgenic plants or microorganisms.

Key companies are often using microorganisms as a host, including fungi, enzyme-producing yeast, and bacteria at a commercial level. They are utilizing eco-friendly technologies for different uses, such as product modification and enhancement of product properties. The global industry is likely to expand at a significant CAGR in the coming years. Technological advancements across the industry are considered one of the key growth-driving factors. The high product demand globally can be attributed to the growing demand for bakery and brewing applications. The product is used in the formulation of fruit juices to enhance the quality and yield of fruits.

In wine processing, it is used to maintain the clarity, color, and organoleptic attributes of wine. The rapid urbanization and growing global population largely contribute to the overall growth of the food & beverage industry; thus, positively influencing the industry growth. The growing demand for poultry and swine feed worldwide plays a key role in the industry growth. Animal feed helps in improving the overall health and well-being of swine and poultry animals. The rapidly growing animal feed market at a global level is anticipated to boost the overall industry growth during the projection period.

Enzymes Market Segmentations:

By Type

  • Industrial Enzymes
    • Food & Beverages
    • Detergents
    • Animal Feed
    • Biofuels
    • Textiles
    • Pulp & Paper
    • Nutraceutical
    • Personal Care & Cosmetics
    • Wastewater
    • Others
  • Specialty Enzymes
    • Pharmaceutical
    • Research & Biotechnology
    • Diagnostics
    • Biocatalyst

By Product

  • Carbohydrases
  • Proteases
  • Lipases
  • Polymerases & Nucleases
  • Others

By Source

  • Plants
  • Animals
  • Microorganisms

Frequently Asked Questions

The global enzymes market size was reached at USD 12.22 billion in 2022 and it is projected to hit around USD 22.93 billion by 2032.

The global enzymes market is growing at a compound annual growth rate (CAGR) of 6.5% from 2023 to 2032.

The North America region has accounted for the largest enzymes market share in 2022.

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Enzymes Market 

5.1. COVID-19 Landscape: Enzymes Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Enzymes Market, By Type

8.1. Enzymes Market, by Type, 2023-2032

8.1.1 Industrial Enzymes

8.1.1.1. Market Revenue and Forecast (2020-2032)

8.1.2. Specialty Enzymes

8.1.2.1. Market Revenue and Forecast (2020-2032)

Chapter 9. Global Enzymes Market, By Product

9.1. Enzymes Market, by Product, 2023-2032

9.1.1. Carbohydrases

9.1.1.1. Market Revenue and Forecast (2020-2032)

9.1.2. Proteases

9.1.2.1. Market Revenue and Forecast (2020-2032)

9.1.3. Lipases

9.1.3.1. Market Revenue and Forecast (2020-2032)

9.1.4. Polymerases & Nucleases

9.1.4.1. Market Revenue and Forecast (2020-2032)

9.1.5. Others

9.1.5.1. Market Revenue and Forecast (2020-2032)

Chapter 10. Global Enzymes Market, By Source 

10.1. Enzymes Market, by Source, 2023-2032

10.1.1. Plants

10.1.1.1. Market Revenue and Forecast (2020-2032)

10.1.2. Animals

10.1.2.1. Market Revenue and Forecast (2020-2032)

10.1.3. Microorganisms

10.1.3.1. Market Revenue and Forecast (2020-2032)

Chapter 11. Global Enzymes Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Forecast, by Type (2020-2032)

11.1.2. Market Revenue and Forecast, by Product (2020-2032)

11.1.3. Market Revenue and Forecast, by Source (2020-2032)

11.1.4. U.S.

11.1.4.1. Market Revenue and Forecast, by Type (2020-2032)

11.1.4.2. Market Revenue and Forecast, by Product (2020-2032)

11.1.4.3. Market Revenue and Forecast, by Source (2020-2032)

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Forecast, by Type (2020-2032)

11.1.5.2. Market Revenue and Forecast, by Product (2020-2032)

11.1.5.3. Market Revenue and Forecast, by Source (2020-2032)

11.2. Europe

11.2.1. Market Revenue and Forecast, by Type (2020-2032)

11.2.2. Market Revenue and Forecast, by Product (2020-2032)

11.2.3. Market Revenue and Forecast, by Source (2020-2032)

11.2.4. UK

11.2.4.1. Market Revenue and Forecast, by Type (2020-2032)

11.2.4.2. Market Revenue and Forecast, by Product (2020-2032)

11.2.4.3. Market Revenue and Forecast, by Source (2020-2032)

11.2.5. Germany

11.2.5.1. Market Revenue and Forecast, by Type (2020-2032)

11.2.5.2. Market Revenue and Forecast, by Product (2020-2032)

11.2.5.3. Market Revenue and Forecast, by Source (2020-2032)

11.2.6. France

11.2.6.1. Market Revenue and Forecast, by Type (2020-2032)

11.2.6.2. Market Revenue and Forecast, by Product (2020-2032)

11.2.6.3. Market Revenue and Forecast, by Source (2020-2032)

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Forecast, by Type (2020-2032)

11.2.7.2. Market Revenue and Forecast, by Product (2020-2032)

11.2.7.3. Market Revenue and Forecast, by Source (2020-2032)

11.3. APAC

11.3.1. Market Revenue and Forecast, by Type (2020-2032)

11.3.2. Market Revenue and Forecast, by Product (2020-2032)

11.3.3. Market Revenue and Forecast, by Source (2020-2032)

11.3.4. India

11.3.4.1. Market Revenue and Forecast, by Type (2020-2032)

11.3.4.2. Market Revenue and Forecast, by Product (2020-2032)

11.3.4.3. Market Revenue and Forecast, by Source (2020-2032)

11.3.5. China

11.3.5.1. Market Revenue and Forecast, by Type (2020-2032)

11.3.5.2. Market Revenue and Forecast, by Product (2020-2032)

11.3.5.3. Market Revenue and Forecast, by Source (2020-2032)

11.3.6. Japan

11.3.6.1. Market Revenue and Forecast, by Type (2020-2032)

11.3.6.2. Market Revenue and Forecast, by Product (2020-2032)

11.3.6.3. Market Revenue and Forecast, by Source (2020-2032)

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Forecast, by Type (2020-2032)

11.3.7.2. Market Revenue and Forecast, by Product (2020-2032)

11.3.7.3. Market Revenue and Forecast, by Source (2020-2032)

11.4. MEA

11.4.1. Market Revenue and Forecast, by Type (2020-2032)

11.4.2. Market Revenue and Forecast, by Product (2020-2032)

11.4.3. Market Revenue and Forecast, by Source (2020-2032)

11.4.4. GCC

11.4.4.1. Market Revenue and Forecast, by Type (2020-2032)

11.4.4.2. Market Revenue and Forecast, by Product (2020-2032)

11.4.4.3. Market Revenue and Forecast, by Source (2020-2032)

11.4.5. North Africa

11.4.5.1. Market Revenue and Forecast, by Type (2020-2032)

11.4.5.2. Market Revenue and Forecast, by Product (2020-2032)

11.4.5.3. Market Revenue and Forecast, by Source (2020-2032)

11.4.6. South Africa

11.4.6.1. Market Revenue and Forecast, by Type (2020-2032)

11.4.6.2. Market Revenue and Forecast, by Product (2020-2032)

11.4.6.3. Market Revenue and Forecast, by Source (2020-2032)

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Forecast, by Type (2020-2032)

11.4.7.2. Market Revenue and Forecast, by Product (2020-2032)

11.4.7.3. Market Revenue and Forecast, by Source (2020-2032)

11.5. Latin America

11.5.1. Market Revenue and Forecast, by Type (2020-2032)

11.5.2. Market Revenue and Forecast, by Product (2020-2032)

11.5.3. Market Revenue and Forecast, by Source (2020-2032)

11.5.4. Brazil

11.5.4.1. Market Revenue and Forecast, by Type (2020-2032)

11.5.4.2. Market Revenue and Forecast, by Product (2020-2032)

11.5.4.3. Market Revenue and Forecast, by Source (2020-2032)

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Forecast, by Type (2020-2032)

11.5.5.2. Market Revenue and Forecast, by Product (2020-2032)

11.5.5.3. Market Revenue and Forecast, by Source (2020-2032)

Chapter 12. Company Profiles

12.1. BASF SE

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Novozymes

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. DuPont Danisco

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. DSM

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. Novus International

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Adisseo

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. Associated British Foods Plc

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. Associated British Foods Plc

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Advanced Enzyme Technologies

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Advanced Enzyme Technologies

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

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