NEW
YORK, Oct. 14, 2024 /PRNewswire/ -- Report with
the AI impact on market trends- The global industrial enzymes
market size is estimated to grow by USD 2.25 billion from 2024-2028, according to
Technavio. The market is estimated to grow at a CAGR of
almost 6.1% during the forecast period. Increasing
demand for food enzymes is driving market growth, with a
trend towards recent advances in enzyme technology.
However, complex production process poses a challenge.
Key market players include Advanced Enzyme Technologies Ltd., Amano
Enzyme Inc., Associated British Foods Plc, Aumgene Biosciences,
BASF SE, Chr Hansen Holding AS, Codexis Inc, DuPont de Nemours
Inc., Enzymatic Deinking Technologies LLC, F. Hoffmann La Roche
Ltd., Jiangsu Boli Bioproducts Co. Ltd., Kerry Group Plc,
Koninklijke DSM NV, Merck KGaA, Nature BioScience Pvt. Ltd., Neogen
Corp., Novozymes AS, Novus International Inc., The Soufflet Group,
and Thermo Fisher Scientific Inc..
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Forecast
period
|
2024-2028
|
Base Year
|
2023
|
Historic
Data
|
2018 - 2022
|
Segment
Covered
|
Application (Food and
beverage, Detergents, Animal feed, Bio fuel, and Others), Source
(Microorganism, Animals, and Plants), and Geography (North America,
APAC, Europe, South America, and Middle East and Africa)
|
Region
Covered
|
North America, APAC,
Europe, South America, and Middle East and Africa
|
Key companies
profiled
|
Advanced Enzyme
Technologies Ltd., Amano Enzyme Inc., Associated British Foods Plc,
Aumgene Biosciences, BASF SE, Chr Hansen Holding AS, Codexis Inc,
DuPont de Nemours Inc., Enzymatic Deinking Technologies LLC, F.
Hoffmann La Roche Ltd., Jiangsu Boli Bioproducts Co. Ltd., Kerry
Group Plc, Koninklijke DSM NV, Merck KGaA, Nature BioScience Pvt.
Ltd., Neogen Corp., Novozymes AS, Novus International Inc., The
Soufflet Group, and Thermo Fisher Scientific Inc.
|
Key Market Trends Fueling
Growth
The industrial enzymes market has witnessed significant
advancements due to the progress in genetics and process
technology. Genetic engineering enables the production of improved
and cost-effective enzymes by transferring genes from unsuitable
organisms to safe hosts using protein-engineering tools. This
results in enzymes with enhanced stability, specificity, and
productivity. For instance, Chymosin, an essential enzyme in cheese
production, is now produced using microorganisms that are easy to
cultivate on inexpensive raw materials. Xylanase, a popular enzyme
in the paper and pulp industry, has been produced on a large scale
through genetic engineering. Recent breakthroughs in genomics have
addressed challenges such as limited availability, substrate scope,
and operational stability of xylanase. Genes encoding xylanase have
been cloned into various hosts to overproduce and modify the enzyme
for commercial applications. Laccase, another successful
application in the food processing industry, can be overexpressed
in suitable host organisms to achieve high titers. Genetic
engineering has played a crucial role in the industrial production
of various enzymes, including proteinase, cellulase, lipase,
?-amylase, and glucoamylase. These advancements are expected to
drive the global industrial enzymes market during the forecast
period.
The Industrial Enzymes Market is experiencing significant
growth, particularly in sectors like Food & Beverage, Baker
Products, and Fruit Juices. Proteases, Lipases, Carbohydrases,
Polymerases, Nucleases from microorganisms and plant-based sources
are in high demand. These enzymes play crucial roles in various
applications such as Animal Feed, Dairy Products, and
Biotechnology. Environmental issues and Genetic Engineering are
driving the shift towards enzymes in place of harsh chemicals.
Fermentation Processes are essential for producing high-quality
enzymes. Product quality and shelf life are key concerns, leading
to increased usage in Brewing, Baking processes, and Starch, Sugar
products, Flour, Dough, Biscuits, Crackers, and Bread quality.
Functional foods, Nutraceutical sector, Biofuel, Textiles, Health
and lifestyle industries also utilize enzymes for their specific
requirements. Protease, Lipase, Polymerase, and Nuclease are widely
used in Food processing, Cheese processing, Vegetable processing,
and Grain processing. Detergent formulations benefit from Bacterial
and Fungal enzymes. Enzymes contribute to improved product quality
and efficiency across various industries.
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Market Challenges
• The industrial
production of enzymes involves a intricate process that combines
microbiology, genetics, and biochemistry. Sources of enzymes
include animals, plants, microorganisms, and fungi. Microorganisms
are the preferred choice due to their ease of cultivation and
ability to produce enzymes in large quantities in a short
timeframe. The selection and improvement of strains is crucial for
optimal enzyme production. Inoculum preparation involves obtaining
organisms suitable for industrial processes, which are then
multiplied to produce large quantities for use. The culture medium
must be formulated to support microbial growth and enzyme
production, with readily available and cost-effective ingredients.
Fermentation, carried out through submerged or solid-state methods,
requires specific conditions for optimal growth and enzyme
production. Recovery and purification of enzymes involve various
methods depending on the nature of the enzyme and desired purity,
with steps including removal of cell debris, nucleic acid, and
contaminants, and concentration and drying techniques. This complex
production process poses challenges for the industrial enzymes
market, potentially hindering growth during the forecast
period.
• The Industrial
Enzymes Market faces several challenges in various industries. In
Genetic Engineering, ethical concerns and regulatory approvals
hinder growth. Fermentation processes require optimization for
cost-effectiveness and consistency. Product quality and shelf life
are crucial factors in Food and Beverage applications, especially
in Brewing, Baking, Starch, Sugar products, Flour, Dough, Biscuits,
Crackers, and Bread quality. Functional foods, Nutraceutical
sector, Biofuel, Textiles, Health and lifestyle industries demand
enzymes with high specificity and efficiency. Challenges include
ensuring digestibility, addressing health concerns, and meeting the
demands of Protease, Lipase, Polymerase, Nuclease, and other enzyme
applications in Food processing, Cheese processing, Vegetable
processing, and Grain processing. Detergent formulations benefit
from Bacterial enzymes, Fungal enzymes, and Yeast enzymes. Market
players must address these challenges to maintain competitiveness.
Bromelain, a digestive enzyme, requires focus on its production and
application in various industries.
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driving growth- Download a Sample Report
Segment Overview
This industrial enzymes market report extensively covers market
segmentation by
- Application
- 1.1 Food and beverage
- 1.2 Detergents
- 1.3 Animal feed
- 1.4 Bio fuel
- 1.5 Others
- Source
- 2.1 Microorganism
- 2.2 Animals
- 2.3 Plants
- Geography
- 3.1 North America
- 3.2 APAC
- 3.3 Europe
- 3.4 South America
- 3.5 Middle East and
Africa
1.1 Food and beverage- The industrial enzymes
market is experiencing steady growth due to increasing demand from
various industries such as food and beverage, pharmaceuticals, and
textiles. These enzymes enhance production processes, improve
product quality, and reduce costs. Key players in the market
include Novozymes, DuPont, and Danisco. Market growth is driven by
factors such as regulatory support, technological advancements, and
rising consumer awareness for health and sustainability.
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gain insights into AI's impact on market dynamics, emerging trends,
and future opportunities- including forecast (2024-2028) and
historic data (2018 - 2022)
Research Analysis
Industrial enzymes are biocatalysts used in various industries,
including Food & Beverage, to enhance product quality and
extend shelf life. In the Food & Beverage sector, enzymes find
extensive applications in Baker Products, Fruit Juices, and Dairy
Products. Proteases, Lipases, Carbohydrases, Polymerases,
Nucleases, and Microorganisms are some of the commonly used enzyme
types. Enzymes derived from plants and animals are gaining
popularity due to environmental concerns and ethical
considerations. Animal Feed and Biotechnology industries also
utilize enzymes to improve efficiency and product quality.
Environmental issues and genetic engineering have significantly
influenced the production and application of industrial enzymes.
Fermentation processes are widely used for enzyme production,
ensuring high product purity and consistency. Enzymes play a
crucial role in various processes such as Brewing, Baking, and
Starch hydrolysis. They are used in Sugar products, Flour, Dough,
Biscuits, Crackers, and other food applications to improve texture,
flavor, and nutritional value. Protein content is another essential
parameter influenced by enzymes, particularly in Dairy Products and
Animal Feed. Enzymes help to improve the overall efficiency and
sustainability of industrial processes.
Market Research Overview
Industrial enzymes are biocatalysts used in various industries
for different applications. They play a crucial role in the
production of Food & Beverage products, including baker's
products, fruit juices, and dairy items. Enzymes such as Proteases,
Lipases, Carbohydrases, Polymerases, Nucleases, and Microorganisms
are commonly used in food processing. These enzymes enhance product
quality, improve shelf life, and facilitate various processes like
brewing, baking, and starch hydrolysis. The enzymes find extensive
applications in the production of sugar products, flour, dough, and
baked goods like biscuits, crackers, and bread. They also
contribute to the nutraceutical sector and functional foods by
improving digestibility and addressing health concerns. Industrial
enzymes are also used in the textile industry for various
applications, including detergent formulations. Biotechnology plays
a significant role in the production of industrial enzymes, with
advancements in genetic engineering and fermentation processes
leading to the development of new and improved enzymes.
Environmental issues and sustainability concerns are driving the
demand for plant-based enzymes and microbial enzymes. Enzymes like
Bromelain are used for their health benefits and improved protein
content in dairy and meat processing. Industrial enzymes also find
applications in the production of biofuels and in the health and
lifestyle sector.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- Application
-
- Food And Beverage
- Detergents
- Animal Feed
- Bio Fuel
- Others
- Source
-
- Microorganism
- Animals
- Plants
- Geography
-
- North America
- APAC
- Europe
- South America
- Middle East And Africa
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory
company. Their research and analysis focuses on emerging market
trends and provides actionable insights to help businesses identify
market opportunities and develop effective strategies to optimize
their market positions.
With over 500 specialized analysts, Technavio's report library
consists of more than 17,000 reports and counting, covering 800
technologies, spanning across 50 countries. Their client base
consists of enterprises of all sizes, including more than 100
Fortune 500 companies. This growing client base relies on
Technavio's comprehensive coverage, extensive research, and
actionable market insights to identify opportunities in existing
and potential markets and assess their competitive positions within
changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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