Enzymes Market Size – By Source (Plants, Animals and Microorganisms), By Product (Carbohydrases, Proteases, Lipases, Polymerases & Nucleases and Others), By Form (Liquid Enzymes, Powder Enzymes and Granular Enzymes), By Application (Food and Beverages, Detergents, Pharmaceuticals, Biofuels, Textiles, Animal Feed, Pulp & Paper, Nutraceutical, Personal Care & Cosmetics, Wastewater and Others), & Region – Global Forecasts 2024 - 2034.
- PUBLISHED ON
- 2024-10-16
- NO OF PAGES
- 310
- CATEGORY
- Chemicals & Materials
Market Overview
The Enzymes market report is predicted to develop at a compound annual growth rate (CAGR) of 4.9% from 2024 to 2034, when global Enzymes market forecast size is projected to reach USD 27.58 Billion in 2034, based on an average growth pattern. The global Enzymes market revenue is estimated to reach a value of USD 11.73 Billion in 2024.
SOURCE: We Market Research
The global
enzymes market has been experiencing significant growth, driven by increasing
demand across various sectors such as food and beverages, pharmaceuticals,
biofuels, and detergents. The global enzymes market analysis refers to the
industry involved in the production, distribution, and sale of enzymes, which
are biological catalysts that accelerate chemical reactions in various
applications. The market encompasses a wide range of enzyme types, including
carbohydrases, proteases, lipases, and more, and is driven by trends such as
biotechnology advancements, sustainable practices, and growing demand in
emerging economies. The global enzymes market is set for continued expansion,
supported by technological advancements and increasing applications across
various industries.
Global Enzymes Market Scope
|
Report Attributes |
Description |
|
Market Size in 2024 |
USD 11.73 Billion |
|
Market
Forecast in 2034 |
USD 27.48 Billion |
|
CAGR % 2024-2034 |
4.9% |
|
Base
Year |
2023 |
|
Historic Data |
2016-2022 |
|
Forecast
Period |
2024-2034 |
|
Report USP
|
Production,
Consumption, company share, company heatmap, company production capacity,
growth factors and more |
|
Segments
Covered |
By Source, By
Product, By Form, By Application and By Region |
|
Regional Scope |
North America,
Europe, APAC, South America and Middle East and Africa |
|
Country
Scope |
U.S.; Canada;
U.K.; Germany; France; Italy; Spain; Benelux; Nordic Countries; Russia;
China; India; Japan; South Korea; Australia; Indonesia; Thailand; Mexico;
Brazil; Argentina; Saudi Arabia; UAE; Egypt; South Africa; Nigeria |
Enzymes Market: Dynamics & Restrains
Global Enzymes Market Opportunity:
We Market
Research: Enzymes Market Dashboard
Our marketing platform offers a comprehensive dashboard that provides clients with valuable insights into global Enzymes market trends over the years. Included below is a sample image of our dashboard, and specific PDF logins will be furnished to grant access to this insightful tool.
Enzymes Market Segmentation
By Product Analysis
By product, the Enzymes
market share is categories into Carbohydrases, Proteases, Lipases, Polymerases
& Nucleases, Others. Carbohydrases dominate the market with the largest
share, accounting for over 35% of the market in 2023. Carbohydrases are enzymes
that break down carbohydrates into simpler sugars. They are widely used in the
food and beverage industry, particularly in baking and brewing, where they
enhance the fermentation process and improve texture and flavor.
The
following segments are part of an in-depth analysis of the global Enzymes
market:
|
Market Segments |
|
|
By Source |
·
Plants ·
Animals ·
Microorganisms |
|
By Product |
·
Carbohydrases ·
Proteases ·
Lipases ·
Polymerases & Nucleases ·
Others |
|
By Form |
·
Liquid Enzymes ·
Powder Enzymes ·
Granular Enzymes |
|
By Application |
·
Food and Beverages ·
Detergents ·
Pharmaceuticals ·
Biofuels ·
Textiles ·
Animal Feed ·
Pulp & Paper ·
Nutraceutical ·
Personal Care & Cosmetics ·
Wastewater ·
Others |
Enzymes Industry: Regional Analysis
North America Market Forecast
North America dominates the global Enzymes market, accounting for around 35% of the market share in 2023. North America is a leading region due to the presence of major enzyme manufacturers, advanced research and development facilities, and high demand in industries such as food and beverages, pharmaceuticals, and biofuels. The U.S. is a significant contributor, with extensive investments in biotechnology and enzyme applications.
Europe Market Statistics
Europe is known
for its stringent regulations regarding food safety and environmental
standards, driving the demand for enzymes in food processing, detergents, and
biopharmaceuticals. Countries like Germany, France, and the U.K. are key
players in the enzyme market, emphasizing sustainability and innovation.
Asia Pacific Market Forecasts
The Asia Pacific
region is experiencing rapid growth due to the increasing adoption of enzymes
in various industries, particularly in food and beverages, animal feed, and
biofuels. Countries such as China, India, and Japan are expanding their
manufacturing capabilities and investing in biotechnology, contributing to this
region's market share.
Middle East & Africa Market Statistics
The MEA region
has a smaller market share, but it is gradually expanding as industries
recognize the benefits of enzyme applications in food processing, agriculture,
and waste management. The growth is driven by increasing investments in
biotechnology and the food industry.
Latin America Market Statistics
Latin America
represents a smaller share of the global market. However, it is witnessing
growth in sectors like food and beverages and agriculture, fueled by rising
consumer demand for processed and high-quality food products.
Key Market Players
·
Novozymes A/S
·
Danisco (DuPont)
·
BASF SE
·
DSM
·
Amano Enzyme Inc.
·
Merck KGaA
·
AB Enzymes GmbH
·
Roche Holding AG
·
Codexis, Inc.
·
Genomatica, Inc.
·
SABIC
·
Enzyme Development Corporation
·
Thermo Fisher Scientific Inc.
·
Haplogen GmbH
·
Creative Enzymes
· Others
1.
Global
Enzymes Market Introduction and Market Overview
1.1. Objectives of the Study
1.2. Global Enzymes Market Scope and
Market Estimation
1.2.1. Global Enzymes Overall Market
Size (US$ Bn), Market CAGR (%), Market forecast (2024 - 2034)
1.2.2. Global Enzymes Market Revenue
Share (%) and Growth Rate (Y-o-Y) from 2019 - 2034
1.3. Market Segmentation
1.3.1. Source of Global Enzymes Market
1.3.2. Product of Global Enzymes Market
1.3.3. Form of Global Enzymes Market
1.3.4. Application of Global Enzymes
Market
1.3.5. Region of Global Enzymes Market
2.
Executive Summary
2.1. Demand Side Trends
2.2. Key Market Trends
2.3. Market Demand (US$ Bn) Analysis
2019 – 2023 and Forecast, 2024 – 2034
2.4. Demand and Opportunity
Assessment
2.5. Demand Supply Scenario
2.6. Market Dynamics
2.6.1. Drivers
2.6.2. Limitations
2.6.3. Opportunities
2.6.4. Impact Analysis of Drivers and
Restraints
2.7. Pricing Trends Analysis
2.8. Overview of Technology Developments
2.9. Porter’s Five Forces Analysis
2.9.1. Bargaining Power of Suppliers
2.9.2. Bargaining Power of Buyers
2.9.3. Threat of Substitutes
2.9.4. Threat of New Entrants
2.9.5. Competitive Rivalry
2.10. PEST Analysis
2.10.1. Political Factors
2.10.2. Economic Factors
2.10.3. Social Factors
2.10.4. Technology Factors
2.11. Value Chain / Ecosystem Analysis
2.12. Key Regulation
3.
Global Enzymes Market Estimates & Historical Trend Analysis (2019 - 2023)
4.
Global Enzymes Market Estimates & Forecast Trend Analysis, by
Product
4.1. Global Enzymes Market Revenue
(US$ Bn) Estimates and Forecasts, by Product, 2019 - 2034
4.1.1. Carbohydrases
4.1.2. Proteases
4.1.3. Lipases
4.1.4. Polymerases & Nucleases
4.1.5. Others
5.
Global Enzymes Market Estimates & Forecast Trend Analysis, by
Source
5.1. Global Enzymes Market Revenue
(US$ Bn) Estimates and Forecasts, by Source, 2019 - 2034
5.1.1.Plants
5.1.2.Animals
5.1.3.Microorganisms
6.
Global Enzymes Market Estimates & Forecast Trend Analysis, by
Form
6.1. Global Enzymes Market Revenue
(US$ Bn) Estimates and Forecasts, by Form, 2019 - 2034
6.1.1.Liquid
Enzymes
6.1.2.Powder
Enzymes
6.1.3.Granular
Enzymes
7.
Global Enzymes Market Estimates & Forecast Trend Analysis, by
Application
7.1. Global Enzymes Market Revenue
(US$ Bn) Estimates and Forecasts, by Application, 2019 - 2034
7.1.1.Food and
Beverages
7.1.2.Detergents
7.1.3.Pharmaceuticals
7.1.4.Biofuels
7.1.5.Textiles
7.1.6.Animal
Feed
7.1.7.Pulp
& Paper
7.1.8.Nutraceutical
7.1.9.Personal
Care & Cosmetics
7.1.10.
Wastewater
7.1.11. Others
8.
Global Enzymes Market Estimates & Forecast Trend Analysis,
by Region
8.1. Global Enzymes Market Revenue
(US$ Bn) Estimates and Forecasts, by Region, 2019 - 2034
8.1.1. North America
8.1.2. Eastern Europe
8.1.3. Western Europe
8.1.4. Asia Pacific
8.1.5. Middle East & Africa
8.1.6. Latin America
9.
North
America Enzymes Market: Estimates & Forecast Trend Analysis
9.1.
North
America Enzymes Market Assessments & Key Findings
9.1.1. North America Enzymes Market
Introduction
9.1.2. North America Enzymes Market
Size Estimates and Forecast (US$ Billion) (2019 - 2034)
9.1.2.1. By Product
9.1.2.2. By Source
9.1.2.3. By Form
9.1.2.4. By Application
9.1.2.5. By Country
9.1.2.5.1. The U.S.
9.1.2.5.2. Canada
9.1.2.5.3. Mexico
10. Western Europe Enzymes
Market: Estimates & Forecast Trend
Analysis
10.1. Western Europe Enzymes Market
Assessments & Key Findings
10.1.1. Western Europe Enzymes Market
Introduction
10.1.2. Western Europe Enzymes Market
Size Estimates and Forecast (US$ Billion) (2019 - 2034)
10.1.2.1. By Product
10.1.2.2. By Source
10.1.2.3. By Form
10.1.2.4. By Application
10.1.2.5. By Country
10.1.2.5.1.
Germany
10.1.2.5.2.
Italy
10.1.2.5.3.
U.K.
10.1.2.5.4.
France
10.1.2.5.5.
Spain
10.1.2.5.6.
Benelux
10.1.2.5.7.
Nordics
10.1.2.5.8. Rest
of W. Europe
11. Eastern Europe Enzymes
Market: Estimates & Forecast Trend
Analysis
11.1. Eastern Europe Enzymes Market
Assessments & Key Findings
11.1.1. Eastern Europe Enzymes Market
Introduction
11.1.2. Eastern Europe Enzymes Market
Size Estimates and Forecast (US$ Billion) (2019 - 2034)
11.1.2.1. By Product
11.1.2.2. By Source
11.1.2.3. By Form
11.1.2.4. By Application
11.1.2.5. By Country
11.1.2.5.1.
Russia
11.1.2.5.2.
Hungary
11.1.2.5.3.
Poland
11.1.2.5.4.
Balkan & Baltics
11.1.2.5.5. Rest of E. Europe
12. Asia Pacific Enzymes
Market: Estimates & Forecast Trend
Analysis
12.1. Asia Pacific Market Assessments
& Key Findings
12.1.1. Asia Pacific Enzymes Market
Introduction
12.1.2. Asia Pacific Enzymes Market Size
Estimates and Forecast (US$ Billion) (2019 - 2034)
12.1.2.1. By Product
12.1.2.2. By Source
12.1.2.3. By Form
12.1.2.4. By Application
12.1.2.5. By Country
12.1.2.5.1. China
12.1.2.5.2. Japan
12.1.2.5.3. India
12.1.2.5.4. Australia & New Zealand
12.1.2.5.5. South Korea
12.1.2.5.6. ASEAN
12.1.2.5.7. Rest of Asia Pacific
13. Middle East & Africa Enzymes
Market: Estimates & Forecast Trend
Analysis
13.1. Middle East & Africa Market
Assessments & Key Findings
13.1.1. Middle
East & Africa Enzymes
Market Introduction
13.1.2. Middle
East & Africa Enzymes
Market Size Estimates and Forecast (US$ Billion) (2019 - 2034)
13.1.2.1. By Product
13.1.2.2. By Source
13.1.2.3. By Form
13.1.2.4. By Application
13.1.2.5. By Country
13.1.2.5.1. UAE
13.1.2.5.2. Saudi
Arabia
13.1.2.5.3. Turkey
13.1.2.5.4. South
Africa
13.1.2.5.5. Rest of
MEA
14. Latin America
Enzymes Market: Estimates &
Forecast Trend Analysis
14.1. Latin America Market Assessments
& Key Findings
14.1.1. Latin America Enzymes Market
Introduction
14.1.2. Latin America Enzymes Market
Size Estimates and Forecast (US$ Billion) (2019 - 2034)
14.1.2.1. By Product
14.1.2.2. By Source
14.1.2.3. By Form
14.1.2.4. By Application
14.1.2.5. By Country
14.1.2.5.1. Brazil
14.1.2.5.2. Argentina
14.1.2.5.3. Colombia
14.1.2.5.4. Rest of
LATAM
15. Country Wise Market:
Introduction
16. Competition Landscape
16.1. Global Enzymes Market Product
Mapping
16.2. Global Enzymes Market
Concentration Analysis, by Leading Players / Innovators / Emerging Players /
New Entrants
16.3. Global Enzymes Market Tier
Structure Analysis
16.4. Global Enzymes Market
Concentration & Company Market Shares (%) Analysis, 2023
17. Company Profiles
17.1. Novozymes A/S
17.1.1. Company Overview & Key Stats
17.1.2. Financial Performance & KPIs
17.1.3. Product Portfolio
17.1.4. SWOT Analysis
17.1.5. Business Strategy & Recent
Developments
* Similar details would be provided
for all the players mentioned below
17.2. Danisco (DuPont)
17.3. BASF SE
17.4. DSM
17.5. Amano Enzyme Inc.
17.6. Merck KGaA
17.7. AB Enzymes GmbH
17.8. Roche Holding AG
17.9. Codexis, Inc.
17.10. Genomatica, Inc.
17.11. SABIC
17.12. Enzyme Development
Corporation
17.13. Thermo Fisher
Scientific Inc.
17.14. Haplogen GmbH
17.15. Creative Enzymes
17.16. Others
18. Research
Methodology
18.1. External Transportations /
Databases
18.2. Internal Proprietary Database
18.3. Primary Research
18.4. Secondary Research
18.5. Assumptions
18.6. Limitations
18.7. Report FAQs
19. Research Findings & Conclusion
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Frequently Asked Questions
What is the market size of Enzymes Market in 2024?
Enzymes Market was valued at USD 11.73 Billion in 2024.
What is the growth rate for the Enzymes Market?
Enzymes Market size will increase at approximate CAGR of 4.9% during the forecasted period.
Which are the top companies operating within the market?
Major companies operating within the market are Novozymes A/S, Danisco (DuPont), BASF SE, DSM Amano Enzyme Inc., Merck KGaA, AB Enzymes GmbH, Roche Holding AG, Codexis, Inc., Genomatica, Inc., SABIC, Enzyme Development Corporation, Thermo Fisher Scientific Inc., Haplogen GmbH, Creative Enzymes and others.
Which region dominates the Enzymes Market?
North America dominates the market with an active share of 35%.
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