Industrial Enzymes Market by Type (Amylases, Cellulases, Proteases), By Application (Food & Beverage, Cleaning Agents, Textiles, Animal Feed, Pulp and Paper), And Region For 2024-2031

Report ID: 22613|No. of Pages: 202

product image

Industrial Enzymes Market by Type (Amylases, Cellulases, Proteases), By Application (Food & Beverage, Cleaning Agents, Textiles, Animal Feed, Pulp and Paper), And Region For 2024-2031

Report ID: 22613|Published Date: Oct 2024|No. of Pages: 202|Base Year for Estimate: CAGR of ~6.54% from 2024 to 2031|Format:   Report available in PDF formatReport available in Excel Format

Industrial Enzymes Market Valuation – 2024-2031

The rising demand for sustainable and efficient solutions across a wide range of sectors. Enzymes play an important role in improving processes across sectors such as food and beverages, biofuels, textiles, and detergents, where they boost efficiency while lowering energy consumption and environmental effects. Thus, the growing popularity of sustainability and efficient solutions surged the growth of market size surpassing USD 7.67 Billion in 2023 to reach the valuation of USD 12.73 Billion by 2031.

The increasing demand for eco-friendly alternatives, particularly in companies focused on decreasing carbon footprints, has further fueled the development of industrial enzymes. It enables the market to grow at a CAGR of 6.54% from 2024 to 2031.

>>> Get | Download Sample Report @ – https://www.verifiedmarketresearch.com/download-sample/?rid=22613

Industrial Enzymes Market is estimated to grow at a CAGR of 6.54% & reach USD 12.73 Bn by the end of 2031

Industrial Enzymes Market: Definition/ Overview

Industrial enzymes are biological catalysts that accelerate chemical reactions in many industrial processes. Enzymes derived from microorganisms such as bacteria and fungi assist certain reactions without being consumed, making them very efficient and reusable. They serve a key role in industries such as food and beverages, textiles, medicines, and biofuels, helping to raise production, minimize energy consumption, and improve product quality.

The increased interest in sustainable and environmentally friendly production techniques has boosted demand for industrial enzymes. Compared to typical chemical processes, enzyme-based technologies have various advantages, including decreased waste, lower environmental impact, and energy efficiency. Technological breakthroughs such as enzyme engineering and biotechnology have broadened the breadth of industrial enzyme uses, allowing businesses to tailor solutions to specific processes. As a result, industrial enzymes are increasingly important in fostering greener and more efficient industrial operations.

What's inside a VMR
industry report?

Our reports include actionable data and forward-looking analysis that help you craft pitches, create business plans, build presentations and write proposals.

vmr

>>> Ask For Discount @ – https://www.verifiedmarketresearch.com/ask-for-discount/?rid=22613

How the Growing Demand in the Food and Beverage Industry Surge the Growth of Industrial Enzymes Market?

The food and beverage sector is a major consumer of industrial enzymes, driving market growth. Enzymes are used to improve food quality, texture, and nutritional value. According to a 2022 report by the International Trade Administration, the global food enzymes market was valued at $2.2 billion in 2021 and is projected to reach $3.1 billion by 2026, growing at a CAGR of 6.4%. The European Food Safety Authority (EFSA) approved 30 new food enzyme applications between 2020 and 2022, indicating increasing use and innovation in the sector.

Industrial enzymes play a crucial role in biofuel production, particularly in the conversion of biomass to ethanol. As the world shifts towards renewable energy sources, this application is driving market growth. The U.S. Energy Information Administration reported that in 2022, U.S. fuel ethanol production reached approximately 15.4 billion gallons, up from 13.9 billion gallons in 2020, despite pandemic-related disruptions. According to the International Energy Agency, global biofuel production increased by 9% in 2021 compared to 2020, reaching 155 billion liters.

Industrial enzymes are increasingly used in textile processing for bio-polishing, de-sizing, and bleaching, driving market growth in this sector. A 2021 report by the European Apparel and Textile Confederation (EURATEX) stated that the EU textile and clothing industry invested over €5 billion in 2020 on sustainable technologies, including enzyme-based processes. The Indian Ministry of Textiles reported in its 2021-22 annual report that the use of enzymes in textile processing increased by 15% compared to the previous year, contributing to reduced water consumption and improved fabric quality.

How do Supply Chain Disruptions, such as the Availability of Raw Materials, Affect the Production and Distribution of Industrial Enzymes?

Supply chain disruptions significantly impact the production and distribution of industrial enzymes. Raw material shortages or delays can lead to production bottlenecks, as enzymes often require specific substrates or precursors for their manufacture. This can result in reduced output, increased production costs, and potential quality issues if alternative materials are used. Furthermore, disruptions in the supply of equipment, reagents, or other essential components can slow down or halt production processes, affecting the overall availability of industrial enzymes in the market.

Distribution challenges, such as transportation delays or logistical issues, can further compound these problems. Industrial enzymes often require specific storage conditions, including temperature control, to maintain their effectiveness. Disruptions in the cold chain or extended transit times can compromise product quality and shelf life. Additionally, global events like pandemics, natural disasters, or geopolitical tensions can create unpredictable supply chain interruptions, forcing enzyme manufacturers to seek alternative suppliers or production methods, potentially leading to increased costs and market instability.

Category-Wise Acumens

How the Versatility and Wide-Ranging Application Surge the Growth of the Proteases Segment?

Proteases dominate the industrial enzymes market owing to their versatility and wide-ranging applications across multiple industries. These enzymes, which break down proteins into smaller peptides or individual amino acids, are crucial in food processing, detergent manufacturing, and leather production. In the food industry, proteases are used for tenderizing meat, clarifying beverages, and modifying proteins to enhance nutritional value and texture. The detergent sector heavily relies on proteases to remove protein-based stains effectively, making them a key component in both household and industrial cleaning products.

The pharmaceutical and biotechnology industries also contribute significantly to protease demand. These enzymes play vital roles in drug development, protein engineering, and diagnostic applications. Additionally, proteases are essential in waste management, helping to break down organic matter in wastewater treatment processes. Their ability to function under various conditions (temperature, pH) and the continuous innovation in enzyme engineering to improve their stability and specificity further solidify proteases’ dominance in the market. This widespread utility across diverse sectors ensures a consistently high demand for proteases in industrial applications.

How Does the Increasing Demand for Convenience and Processed Foods Impact the Growth of the Food and Beverage Segment?

The food and beverage segment dominates in the industrial enzymes market driven by the increasing demand for convenience and processed foods. Enzymes are crucial in enhancing food quality, improving texture, and extending shelf life. They enable efficient large-scale production of processed foods while maintaining nutritional value. For example, amylases improve bread texture and freshness, while proteases tenderize meat and clarify fruit juices. This versatility makes enzymes indispensable in meeting consumer demands for a wide variety of convenient, high-quality processed foods.

Furthermore, enzymes support the trend toward cleaner labels and natural ingredients. The food enzymes market is projected to reach $3.1 billion by 2026, growing at a CAGR of 6.4% from 2021. The bakery segment alone accounts for about 35% of this market. Notably, there’s been a 15% annual increase in enzyme usage as an alternative to synthetic additives, aligning with consumer preferences for healthier processed foods. This trend, coupled with enzymes’ ability to enhance production efficiency and reduce waste, solidifies their importance in the evolving food and beverage industry.

Gain Access to Industrial Enzymes Market Report Methodology

https://www.verifiedmarketresearch.com/select-licence/?rid=22613

Country/Region-wise Acumens

What Factors Contribute to North America Being the Dominant Region in the Industrial Enzymes Market?

North America’s dominance in the industrial enzymes market is driven by its advanced biotechnology sector and robust food and beverage industry. The region’s strong focus on research and development has led to continuous innovations in enzyme technology, enhancing their efficiency and expanding applications. Additionally, stringent environmental regulations have spurred the adoption of enzyme-based solutions as eco-friendly alternatives in various industries, including biofuels, textiles, and waste management.

The region’s well-established pharmaceutical and healthcare sectors also contribute significantly to enzyme demand, particularly for diagnostic and therapeutic applications. As of 2023, North America holds approximately 35% of the global industrial enzymes market share. The U.S. alone accounts for over 80% of the region’s market value, estimated at $2.1 billion in 2022. The market is projected to grow at a CAGR of 5.8% from 2023 to 2028. The food and beverage sector consumes about 40% of industrial enzymes in North America, with the baking industry being a major end-user, utilizing enzymes in over 90% of bread products.

What are the Key Industries in the Asia Pacific Region Contributing to the Fast Growth of the Industrial Enzymes Market?

The Asia Pacific region is experiencing the fastest growth in the industrial enzymes market, driven by key industries such as food and beverage, textiles, and biofuels. In the food and beverage sector, increasing urbanization and changing dietary habits have led to a surge in processed food consumption, boosting enzyme demand for applications like dairy processing, baking, and beverage production. The textile industry, a significant contributor to many Asian economies, is adopting enzymatic processes for eco-friendly fabric treatment and finishing, reducing water and energy consumption.

The biofuels industry, particularly in countries like China and India, is another major driver, with enzymes playing a crucial role in efficient biomass conversion. The Asia Pacific industrial enzymes market is expected to grow at a CAGR of 7.2% from 2021 to 2026, outpacing the global average. China leads the region, accounting for approximately 40% of the Asia-Pacific market share. The food and beverage sector in Asia Pacific is projected to consume over 35% of the region’s industrial enzymes by 2025, with an estimated market value of $1.8 billion for this sector alone.

Competitive Landscape

The competitive landscape of the Industrial Enzyme Market is characterized by quick innovation, substantial research and development, and strategic alliances. Companies prioritize sustainable solutions and specialized enzyme applications to obtain a competitive advantage across several industries, resulting in market growth.

Some of the prominent players operating in the industrial enzymes market include:

Novozymes, DuPont, DSM, BASF, AB Enzymes, Amano Enzyme Inc., Hansen Holding A/S, Kerry Group, Roquette Frères, Enzyme Development Corporation.

Industrial Enzymes Latest Developments

Industrial Enzymes Market is estimated to grow at a CAGR of 6.54% & reach USD 12.73 Bn by the end of 2031

 

  • In March 2024, Novozymes A/S announced the launch of its new enzyme solution, “EcoClean Pro,” specifically designed for the detergent industry. This innovative enzyme blend promises to enhance cleaning performance at lower temperatures, addressing the growing demand for energy-efficient and eco-friendly laundry solutions.
  • In January 2024, DuPont Nutrition & Biosciences announced a merger with International Flavors & Fragrances (IFF), creating a global leader in high-value ingredients and solutions for the food & beverage, home & personal care, and health & wellness markets.

Report Scope

REPORT ATTRIBUTESDETAILS
Study Period

2018-2031

Growth Rate

CAGR of ~6.54% from 2024 to 2031

Base Year for Valuation

2023

Historical Period

2018-2022

Forecast Period

2024-2031

Quantitative Units

Value in USD Billion

Report Coverage

Historical and Forecast Revenue Forecast, Historical and Forecast Volume, Growth Factors, Trends, Competitive Landscape, Key Players, Segmentation Analysis

Segments Covered
  • Type
  • Application
Regions Covered
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
Key Players
  • Novozymes
  • DuPont
  • DSM
  • BASF
  • AB Enzymes
  • Amano Enzyme Inc.
  • Hansen Holding A/S
  • Kerry Group
  • Roquette Frères
  • Enzyme Development Corporation
Customization

Report customization along with purchase available upon request

Industrial Enzymes Market, By Category

Type:

  • Amylases
  • Cellulases
  • Proteases

Application:

  • Food & Beverage
  • Cleaning Agents
  • Textiles
  • Animal Feed
  • Pulp and Paper

Region:

  • North America
  • Europe
  • Asia-Pacific
  • South America
  • Middle East & Africa

Research Methodology of Verified Market Research:

Research Methodology of VMR

To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our Sales Team at Verified Market Research.

Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support

Customization of the Report

• In case of any Queries or Customization Requirements please connect with our sales team, who will ensure that your requirements are met.

Frequently Asked Questions

Industrial Enzyme Market size was valued at USD 7.67 Billion in 2024 and is projected to reach USD 12.73 Billion by 2031, growing at a CAGR of 6.54% from 2024 to 2031.

Industrial enzymes are biological catalysts that accelerate chemical reactions in many industrial processes. The increased interest in sustainable and environmentally friendly production techniques has boosted demand for industrial enzymes.

The major players are Novozymes, DuPont, DSM, BASF, AB Enzymes, Amano Enzyme Inc., Hansen Holding A/S, Kerry Group, Roquette Frères, Enzyme Development Corporation.

The Industrial Enzyme Market is segmented based on Type, Application, and Geography.

The sample report for the Industrial Enzymes Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.

1 INTRODUCTION OF GLOBAL INDUSTRIAL ENZYMES MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions

2 EXECUTIVE SUMMARY

3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources

4 GLOBAL INDUSTRIAL ENZYMES MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis

5 GLOBAL INDUSTRIAL ENZYMES MARKET, BY TYPE
5.1 Overview
5.2 Amylases
5.3 Cellulases
5.4 Proteases

6 GLOBAL INDUSTRIAL ENZYMES MARKET, BY APPLICATION
6.1 Overview
6.2 Food & Beverage
6.3 Cleaning Agents
6.4 Textiles
6.5 Animal Feed
6.6 Pulp and Paper

7 GLOBAL INDUSTRIAL ENZYMES MARKET, BY GEOGRAPHY
7.1 Overview
7.2 North America
7.2.1 U.S.
7.2.2 Canada
7.2.3 Mexico
7.3 Europe
7.3.1 Germany
7.3.2 U.K.
7.3.3 France
7.3.4 Rest of Europe
7.4 Asia Pacific
7.4.1 China
7.4.2 Japan
7.4.3 India
7.4.4 Rest of Asia Pacific
7.5 Rest of the World
7.5.1 Middle East and Africa
7.5.2 Latin America

8 GLOBAL INDUSTRIAL ENZYMES MARKET COMPETITIVE LANDSCAPE
8.1 Overview
8.2 Company Market Ranking
8.3 Key Development Strategies

9 COMPANY PROFILES

9.1 Novozymes
9.1.1 Overview
9.1.2 Financial Performance
9.1.3 Product Outlook
9.1.4 Key Developments

9.2 DuPont
9.2.1 Overview
9.2.2 Financial Performance
9.2.3 Product Outlook
9.2.4 Key Developments

9.3 DSM
9.3.1 Overview
9.3.2 Financial Performance
9.3.3 Product Outlook
9.3.4 Key Developments

9.4 BASF
9.4.1 Overview
9.4.2 Financial Performance
9.4.3 Product Outlook
9.4.4 Key Developments

9.5 AB Enzymes
9.5.1 Overview
9.5.2 Financial Performance
9.5.3 Product Outlook
9.5.4 Key Developments

9.6 Amano Enzyme Inc.
9.6.1 Overview
9.6.2 Financial Performance
9.6.3 Product Outlook
9.6.4 Key Developments

9.7 Chr. Hansen Holding A/S
9.7.1 Overview
9.7.2 Financial Performance
9.7.3 Product Outlook
9.7.4 Key Developments

9.8 Kerry Group
9.8.1 Overview
9.8.2 Financial Performance
9.8.3 Product Outlook
9.8.4 Key Developments

9.9 Roquette Frères
9.9.1 Overview
9.9.2 Financial Performance
9.9.3 Product Outlook
9.9.4 Key Developments

9.10 Enzyme Development Corporation
9.10.1 Overview
9.10.2 Financial Performance
9.10.3 Product Outlook
9.10.4 Key Developments

10 KEY DEVELOPMENTS
10.1 Product Launches/Developments
10.2 Mergers and Acquisitions
10.3 Business Expansions
10.4 Partnerships and Collaborations

11 Appendix
11.1 Related Research

Report Research Methodology

Research methodology

Verified Market Research uses the latest researching tools to offer accurate data insights. Our experts deliver the best research reports that have revenue generating recommendations. Analysts carry out extensive research using both top-down and bottom up methods. This helps in exploring the market from different dimensions.

This additionally supports the market researchers in segmenting different segments of the market for analysing them individually.

We appoint data triangulation strategies to explore different areas of the market. This way, we ensure that all our clients get reliable insights associated with the market. Different elements of research methodology appointed by our experts include:

Exploratory data mining

Market is filled with data. All the data is collected in raw format that undergoes a strict filtering system to ensure that only the required data is left behind. The leftover data is properly validated and its authenticity (of source) is checked before using it further. We also collect and mix the data from our previous market research reports.

All the previous reports are stored in our large in-house data repository. Also, the experts gather reliable information from the paid databases.

expert data mining

For understanding the entire market landscape, we need to get details about the past and ongoing trends also. To achieve this, we collect data from different members of the market (distributors and suppliers) along with government websites.

Last piece of the ‘market research’ puzzle is done by going through the data collected from questionnaires, journals and surveys. VMR analysts also give emphasis to different industry dynamics such as market drivers, restraints and monetary trends. As a result, the final set of collected data is a combination of different forms of raw statistics. All of this data is carved into usable information by putting it through authentication procedures and by using best in-class cross-validation techniques.

Data Collection Matrix

PerspectivePrimary ResearchSecondary Research
Supplier side
  • Fabricators
  • Technology purveyors and wholesalers
  • Competitor company’s business reports and newsletters
  • Government publications and websites
  • Independent investigations
  • Economic and demographic specifics
Demand side
  • End-user surveys
  • Consumer surveys
  • Mystery shopping
  • Case studies
  • Reference customer

Econometrics and data visualization model

data visualiztion model

Our analysts offer market evaluations and forecasts using the industry-first simulation models. They utilize the BI-enabled dashboard to deliver real-time market statistics. With the help of embedded analytics, the clients can get details associated with brand analysis. They can also use the online reporting software to understand the different key performance indicators.

All the research models are customized to the prerequisites shared by the global clients.

The collected data includes market dynamics, technology landscape, application development and pricing trends. All of this is fed to the research model which then churns out the relevant data for market study.

Our market research experts offer both short-term (econometric models) and long-term analysis (technology market model) of the market in the same report. This way, the clients can achieve all their goals along with jumping on the emerging opportunities. Technological advancements, new product launches and money flow of the market is compared in different cases to showcase their impacts over the forecasted period.

Analysts use correlation, regression and time series analysis to deliver reliable business insights. Our experienced team of professionals diffuse the technology landscape, regulatory frameworks, economic outlook and business principles to share the details of external factors on the market under investigation.

Different demographics are analyzed individually to give appropriate details about the market. After this, all the region-wise data is joined together to serve the clients with glo-cal perspective. We ensure that all the data is accurate and all the actionable recommendations can be achieved in record time. We work with our clients in every step of the work, from exploring the market to implementing business plans. We largely focus on the following parameters for forecasting about the market under lens:

  • Market drivers and restraints, along with their current and expected impact
  • Raw material scenario and supply v/s price trends
  • Regulatory scenario and expected developments
  • Current capacity and expected capacity additions up to 2027

We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market’s momentum. Further, it helps us in delivering the evidence related to market growth rates.

Primary validation

The last step of the report making revolves around forecasting of the market. Exhaustive interviews of the industry experts and decision makers of the esteemed organizations are taken to validate the findings of our experts.

The assumptions that are made to obtain the statistics and data elements are cross-checked by interviewing managers over F2F discussions as well as over phone calls.

primary validation

Different members of the market’s value chain such as suppliers, distributors, vendors and end consumers are also approached to deliver an unbiased market picture. All the interviews are conducted across the globe. There is no language barrier due to our experienced and multi-lingual team of professionals. Interviews have the capability to offer critical insights about the market. Current business scenarios and future market expectations escalate the quality of our five-star rated market research reports. Our highly trained team use the primary research with Key Industry Participants (KIPs) for validating the market forecasts:

  • Established market players
  • Raw data suppliers
  • Network participants such as distributors
  • End consumers

The aims of doing primary research are:

  • Verifying the collected data in terms of accuracy and reliability.
  • To understand the ongoing market trends and to foresee the future market growth patterns.

Industry Analysis Matrix

Qualitative analysisQuantitative analysis
  • Global industry landscape and trends
  • Market momentum and key issues
  • Technology landscape
  • Market’s emerging opportunities
  • Porter’s analysis and PESTEL analysis
  • Competitive landscape and component benchmarking
  • Policy and regulatory scenario
  • Market revenue estimates and forecast up to 2027
  • Market revenue estimates and forecasts up to 2027, by technology
  • Market revenue estimates and forecasts up to 2027, by application
  • Market revenue estimates and forecasts up to 2027, by type
  • Market revenue estimates and forecasts up to 2027, by component
  • Regional market revenue forecasts, by technology
  • Regional market revenue forecasts, by application
  • Regional market revenue forecasts, by type
  • Regional market revenue forecasts, by component

Industrial Enzyme Market

report-detail

Download Sample Report

View More Reports