#Enzymes Market size

[ananya5400]

The enzymes market size is estimated to be valued at USD 14.0 billion in 2024 and is projected to reach USD 20.4 billion by 2029, recording a CAGR of 7.8%.

[industryforecastnews]

Enzymes Market Size To Reach $20.31 Billion By 2030 | CAGR: 4.9%

Enzymes Market Growth & Trends

The global enzymes market size was estimated at USD 20.31 billion in 2030 and is expected to grow at a compound annual growth rate (CAGR) of 4.9% from 2024 to 2030. The rising consumption of products on the account of the increasing awareness regarding an individual’s health is likely to positively influence the product demand over the forecast period.

Carbohydrase is bifurcated as cellulose, amylase, pectinase, xylanase, and lactase. It is widely used as an ingredient in the formulation of carbonated drinks. The growing usage of different kinds of carbohydrases in the animal feed and pharmaceutical industry is further projected to boost the overall industry demand in the coming years.

In North America, the U.S. is dominating the market for enzymes across the region on the account of the changing consumer preferences and rising demand for organic and nutritional food items from the food & beverage industry. Furthermore, the escalating market growth from the pharmaceutical and nutraceutical industry is anticipated to fuel the industry growth over the forecast period.

The market is an oligopolistic market with major players dominating the marketspace such as DSM, Novozymes, and DuPont Danisco among others. There is a significant rise in the demand for high-quality specialty enzymes across the globe. Thus, raw material distributors and manufacturers are witnessing a spike in lucrative opportunities to offer uniform and superior quality products via a systematic supply chain network.

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Enzymes Market Report Highlights

Food & Beverages segment accounted for more than 22.9% in 2022of the industrial type share due to the rising usage of enzymes in bakery and functional food products

Industrial emerged as the largest type segment in 2022 and is estimated to generate revenue of over USD 11.42 billion by 2030

Microorganisms emerged as the largest source segment in 2022 and are estimated to generate revenue over USD 17.47 billion by 2030

North America is projected to witness the fastest growth rate of 6.6% from 2023 to 2030 due to the rising R&D activities across the developed countries coupled with the presence of numerous end-use application manufacturers in the pharmaceuticals, food & beverage, and personal care & cosmetics sector

Pharmaceutical emerged as the largest specialty type segment with a revenue share of 40.6% in 2022, due to the increasing usage of the product in different applications including wound healing, diagnosing diseases, and killing disease-causing bacteria

Enzymes Market Segmentation

Grand View Research has segmented the global enzymes market report based on type, product, source, and region

Enzymes Type Outlook (Revenue, USD Million, 2018 - 2030)

Industrial Enzymes

Food & Beverages

Meat Processing

Dairy Products

Beverages

Bakery & Confectionery

Other Food Products

Detergents

Animal Feed

Ruminants

Swine

Poultry

Aquafeed

Others

Biofuels

Textiles

Pulp & Paper

Nutraceutical

Personal Care & Cosmetics

Wastewater

Others

Specialty Enzymes

Pharmaceutical

Research & Biotechnology

Diagnostics

Biocatalyst

Enzymes Product Outlook (Revenue, USD Million, 2018 - 2030)

Carbohydrase

Proteases

Lipases

Polymerases & nucleases

Others

Enzymes Source Outlook (Revenue, USD Million, 2018 - 2030)

Plants

Animals

Microorganisms

Enzymes Regional Outlook (Revenue, USD Million, 2018 - 2030)

North America

U.S.

Canada

Mexico

Europe

UK

Germany

France

Spain

Italy

Asia Pacific

China

India

Japan

South Korea

Indonesia

Australia

Central & South America

Brazil

Argentina

Middle East & Africa

Saudi Arabia

Turkey

List of Key Players in the Enzymes Market

BASF

Novozymes

DuPont Danisco

DSM

NOVUS International

Associated British Foods Plc

Chr. Hansen Holding A/S

Advanced Enzyme Technologies

Lesaffre

Adisseo

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[chemicalsnews]

Enzymes Market Is Likely to Experience a Tremendous Growth in near Future

The global Enzymes Market is estimated to attain a valuation of US$ 16.3 Bn Bn by the end of 2031, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 7.6% during the forecast period, 2022-2031.

The key objective of the TMR report is to offer a complete assessment of the global market including major leading stakeholders of the Enzymes industry. The current and historical status of the market together with forecasted market size and trends are demonstrated in the assessment in simple manner. In addition, the report delivers data on the volume, share, revenue, production, and sales in the market.

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[rupalic]

The global Specialty Enzymes Market size is estimated to be valued at USD 6.1 billion in 2024 and is projected to reach USD 9.2 billion by 2029, recording a CAGR of 8.5% from 2024 to 2029 according to a report published by MarketsandMarkets™. The biopharmaceutical industry's rapid expansion, fueled by innovations in biotechnology and personalized medicine, offers significant growth opportunities for the specialty enzymes market. Enzymes are crucial in various biopharmaceutical manufacturing stages, such as protein expression, purification, and modification. They play a vital role in developing biologics, including monoclonal antibodies, vaccines, and gene therapies. With an aging population and a rising incidence of chronic diseases, the demand for biopharmaceuticals is increasing, consequently driving the need for enzymes in biopharmaceutical production.

[healthcarehubhh]

Digestive Enzyme Market Supplements will grow at highest pace owing to increasing prevalence of lifestyle diseases

The digestive enzyme supplements market comprises supplements that contain enzymes like proteases, lipases, and amylases. These enzymes help in the breakdown of proteins, fats, and carbohydrates respectively during digestion. With hectic lifestyles and changing eating habits, digestive issues like indigestion, bloating, heartburn etc. have become quite common. Digestive enzyme supplements help boost digestive health and alleviate such symptoms. They are available as capsules, tablets, and powders and are taken before or after meals. The Global Digestive Enzyme Supplements Market is estimated to be valued at US$ 569 Mn in 2024 and is expected to exhibit a CAGR of 11% over the forecast period 2023 to 2030. Key Takeaways Key players operating in the digestive enzyme supplements market are National Enzyme Company, Garden of Life LLC, Country Life LLC, Rainbow Light Nutritional System Inc., Food State Inc., Matsun Nutrition, Metagenics, Inc., TwinLab Corporation, Abbott Nutrition, Amway Corporation, Klaire Labs, Zenwise Health LLC, Integrative Therapeutics, LLC, Douglas Labs, Enzymedica Inc., Thorne Research Inc., Pure Encapsulations, LLC, Ortho Molecular Products Inc., Allergy Research Group, Biotics Research Corp. The growing prevalence of lifestyle diseases due to erratic schedules and unhealthy diets has fueled the demand for digestive enzyme supplements. Technological advancements have led to the development of more effective formulations with enhanced bioavailability and tolerability. Market Trends The digestive enzyme supplements market is witnessing increasing adoption of vegetarian and vegan formulations. With the rising trends of plant-based diets, manufacturers are developing supplements derived from non-animal sources like fungi and plants. Another key trend is the launch of digestive enzymes supplements targeted for specific symptoms and user groups. For example, supplements for gas, bloating, diarrhea or constipation and also formulations for children, adults or elderly. Market Opportunities Growth opportunities exist in emerging markets of Asia Pacific and Latin America owing to rising health consciousness. Market players can leverage the potential of online retailing and e-commerce platforms for marketing and sales of digestive enzyme supplements. Manufacturers can also focus on leveraging technologies like enteric coating for developing sustained-release supplements with enhanced efficacy. The COVID-19 pandemic has significantly impacted the growth of the digestive enzyme market. With rising cases of COVID-19 infections, most countries imposed nationwide lockdowns to curb the spread of the virus. This led to temporary closure of manufacturing facilities of various digestive enzyme products. Moreover, restrictions on logistic operations disrupted the supply chain, creating a significant shortage of enzymes in the market. However, post-lockdown easing, digestive enzyme manufacturers are focusing on expanding their production capacities and ensuring uninterrupted supply. They are also offering various online purchasing and delivery options to cater to growing demand. The pandemic has also increased awareness about maintaining optimum immunity and gut health. There is rising adoption of digestive enzymes as a supplementary diet to improve digestion as well as boost immunity against infections. Various clinical studies are being conducted to determine the efficacy of specific enzymes in the management of COVID-19 symptoms. Considering the long-term effects of COVID-19 on digestive system, the demand for enzymes is expected to remain high in the coming years. Manufacturers need to invest in R&D to develop novel formulations that can efficiently address digestive issues amidst the ongoing pandemic.

[luckydige45]

According to latest report, the global enzyme immunoassay market size was USD 18.11 billion in 2023, calculated at USD 18.82 billion in 2024 and is expected to reach around USD 26.55 billion by 2033, expanding at a CAGR of 3.9% from 2024 to 2033.

[researchrealmblog]

Specialty Enzymes Market To Reach USD 8,921.8 Million by 2030

The specialty enzymes market will grow at a rate of 7.6% by the end of this decade, to reach USD 8,921.8 million by 2030. This is because of the increasing usage of these enzymes for the drug development, the growing requirement for non-hazardous organic catalysts in the diagnostics and pharma sectors, and the increasing incidence of chronic health ailments worldwide.

Enzymes are important in numerous applications in the healthcare sector from the diagnosis of ailments to the manufacturing of drugs.

Here, biocatalysts are a growing technology for inventing small molecule APIs and are put to use on a large scale for making specialty compounds. Therefore, the expansion and accessibility of numerous enzymes to biological chemists have made bio-catalysis an additional feasible and lucrative manufacturing option.

The research & biotechnology category will grow rapidly in the years to come. This is because of the increase in the number of diagnostic tests, the decrease in the cost of DNA sequencing, a surge in testing of agricultural, food and beverages, and therapeutic products, and big players boost R&D spending on biologics for the growth of novel drug pipelines.

On the basis of type, the polymerases & nucleases category led the industry. This is for the reason that these enzymes catalyze the fusion of RNA and DNA, as they are indispensable for all nucleic acid processing, including recurrence, repair, recombination, and transcription; and these are progressively put to use in pharma, biotech R&D, diagnostics, and biocatalysts.

Furthermore, the increased use of such enzymes in cutting-edge biotech applications for example DNA strengthening and sequencing will boost the growth of the specialty enzymes market in the years to come.

North America was the leader of the industry with a share of 45%, in the recent past and it will power at a rate of 7% by the end of this decade.

This is credited to the technological developments that made enzymes accessible for a number of applications, the expansion of advanced and high-performance products, high monetary growth, the presence of the stalwarts of the industry, and the evolving pharma industry.

APAC will observe the fastest growth in the years to come. This is due to the fact that emerging economies of the region will create a profitable revenue generation, as a result of government initiatives for example health awareness programs and the rising aging population.

These people are susceptible to some metabolic disorders that would bring about a huge patient base. This will prove positive for the requirement for specialty enzymes in the region.

The growing number of digestion disorders has a positive impact on the demand for specialty enzymes, and this trend will continue in the years to come as well.

Source: P&S Intelligence

[renubresearch]

Industrial Enzymes Market will reach US$ 10.10 Billion by 2030

Global Industrial Enzymes Market size is projected to be priced at around US$ 10.10 Billion by 2030, according to Renub Research. Enzymes are proteins that catalyze chemical reactions. As such, enzymes have been widely used to facilitate industrial processes and the production of products, and these enzymes are referred to as industrial enzymes. Although it dates back to ancient times when…

[ananya5400]

The enzymes market is expected to grow at a CAGR of 7.8% during the forecast period, from USD 14.0 billion in 2024 to USD 20.4 billion in 2029.

[priyagade226]

Dairy Enzymes Market Growth Analysis & Forecast Report | 2024-2033

Dairy Enzymes Market size exceeded USD 609 Million in 2023 and is anticipated to cross USD 1.44 Billion by 2033, registering a CAGR of more than 9.9% during the forecast period.

Global demand for dairy products including cheese, yoghurt, and milk-based drinks grew. As a result, there has been a greater need for dairy processing methods that are both more efficient and sustainable. Enzymes like chymosin and rennet are used in the production of cheese to coagulate the proteins found in milk. There was a significant market for the dairy enzymes needed to make cheese, and there was a push to use microbial rennet and enzymes not derived from animals to manufacture vegetarian and vegan cheese. As lactose sensitivity and interest in plant-based dairy substitutes developed, so did the need for the enzymes used in lactose hydrolysis to produce lactose-free dairy products.

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The growing awareness of lactose intolerance among consumers led to an increase in the demand for dairy products with easier digestion. This trend is especially evident in places where lactose sensitivity is more prevalent. The market share of lactose-free dairy products was increasing quickly as more consumers looked for these options—not just because they were lactose intolerant, but also because of dietary preferences and possible health benefits. Producers of well-known dairy products, such as ice cream, milk, yoghurt, and cheese, were expanding their product ranges to include lactose-free options. Among other enzymes, lactase was necessary for the production of these products.

Dairy enzymes are quite important in the making of cheddar cheese. Well-known cheddar cheese is renowned for having a unique flavour and texture. Enzymes are used in the production of cheddar cheese to aid in the coagulation of milk, the formation of curd, and the development of taste. The growing demand for cheddar cheese in developing nations has led to an increase in global sales. Producers utilize dairy enzymes to make Cheddar cheese that suits local preferences and tastes. Enzymes play a major role in giving Cheddar cheese its particular taste.

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Enzyme technological advancements can be impeded by too burdensome regulations. Enzyme companies may be less inclined to invest in developing novel enzymes or improving existing ones if they anticipate regulatory barriers. This could keep longer-lasting and more potent enzymes from reaching the market. Depending on the nation and area, different regulatory policies may apply to dairy enzymes. This could cause problems for the international commerce in dairy products and enzymes since manufacturers have to manage intricate and sometimes contradictory regulations. Some of the major players in Global Dairy Enzymes Market are Koninklijke DSM N.V,DuPont de Nemours, Inc, Novozymes A/S, Wilbur-Ellis Holdings, Inc, Kerry Group Plc, Infinita Biotech Private Limited, BASF SE, Associated British Foods plc, Advanced Enzyme Technologies, Chr. Hansen Holding A/S, Phythozymes, Biocatalysts, Amano Enzyme Inc, STERN-WYWIOL GRUPPE GMBH CO. KG, Aumenzymes.

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Partial chapters of report table of contents (TOC):

Chapter 3. Global Dairy Enzymes Market Insights

Market Overview

Market Drivers & Opportunity

Market Restrains & Challenges

Regulatory Landscape

Ecosystem Analysis

Technology & Innovation Outlook

Key Industry Developments

Partnership

Merger/Acquisition

Investment

Product Launch

Supply Chain Analysis

Porter's Five Forces Analysis

Threat of New Entrants

Threat of Substitutes

Industry Rivalry

Bargaining Power of Suppliers

Bargaining Power of Buyers

COVID-19 Impact

PESTLE Analysis

Political Landscape

Economic Landscape

Social Landscape

Technology Landscape

Legal Landscape

Environmental Landscape

Competitive Landscape

Introduction

Company Market Share

Competitive Positioning Matrix

Chapter 4. Global Dairy Enzymes Market Statistics, by Segments

Key Trends

Market Estimates and Forecasts

Table

Chart

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[vipinmishra]

Agriculture Enzymes Market Forecasted to Prosper Due to Vertical Farming and Indoor Gardening Trend

Increasing trend of vertical farming & indoor gardening and rising inclination for organic food is expected to drive the Global Agriculture Enzymes Market growth in the forecast period, 2024-2028.

According to TechSci Research report, “Agriculture Enzymes Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028”, the Global Agriculture Enzymes Market stood at USD 364.52 Million in 2022 and is anticipated to grow with a CAGR of 8.60% in the forecast period, 2024-2028. The global agriculture enzymes market is driven by a multitude of factors. The increasing adoption of organic farming, which requires natural and eco-friendly solutions for crop protection and enhancement, is propelling the demand for agriculture enzymes. Moreover, the intensifying need for improved crop yield to meet the rapidly growing global food demand is creating a positive impact on the market. Agriculture enzymes also play a crucial role in enhancing soil fertility and plant growth, further driving their use.

The advancements in biotechnology and agricultural science have led to the development of innovative enzyme-based solutions, contributing to market growth. Additionally, the rising awareness about the harmful effects of synthetic agrochemicals on the environment and human health is encouraging the shift towards safer alternatives like agriculture enzymes. Sustainable agricultural practices endorsed by governments worldwide also act as a driving force for this market.

The Global Agriculture Enzymes market is poised to witness substantial growth in the coming years, driven by a multitude of factors. Enzymes, acting as catalysts in agricultural processes, not only play a pivotal role in enhancing nutrient absorption by plants but also contribute significantly to improving crop health and driving yield improvements. This becomes especially critical in light of the exponential growth in the global population and the subsequent increase in food demand, necessitating the adoption of innovative farming solutions.

The utilization of agriculture enzymes in modern farming practices has gained considerable momentum, not only to boost productivity but also to address the escalating demand for organic farming. Furthermore, as awareness about the detrimental effects of chemical fertilizers continues to increase, farmers are increasingly seeking sustainable alternatives, thereby further expanding the market for agriculture enzymes.

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The development of highly efficient and cost-effective enzymes has become possible due to rapid technological advancements. These advancements, including breakthroughs in biotechnology and genetic engineering, have revolutionized enzyme production methods, leading to increased productivity and expanded market opportunities across various regions worldwide. Moreover, supportive government initiatives promoting sustainable farming practices have emerged as an additional driving force behind the market's expansion. These initiatives aim to foster the adoption of environmentally friendly farming practices, encouraging farmers to reduce chemical inputs and embrace more sustainable and eco-friendly agricultural solutions. As a result, the demand for agriculture enzymes has witnessed a significant boost.

With favorable government initiatives and ongoing research and development efforts, the agriculture enzymes market holds immense potential for future development. As the world continues to prioritize sustainable agriculture and environmental conservation, the demand for innovative enzyme-based solutions is expected to soar, making it a promising sector with vast opportunities for both businesses and environmental stewardship. The increasing awareness among consumers about the environmental impact of conventional farming practices has further fueled the demand for agriculture enzymes.

Additionally, the growing need for high-quality and safe food products has led to a greater emphasis on improving crop yields and reducing post-harvest losses, further driving the market's growth. The continuous innovation and advancements in enzyme technology are expected to further enhance the efficiency and effectiveness of enzyme-based solutions, opening up new avenues for the application of agriculture enzymes in various sectors, including crop protection, soil management, and animal nutrition.

The agriculture enzymes market is experiencing rapid growth and transformation driven by technological advancements, government initiatives, and changing consumer preferences. With a focus on sustainability and environmental stewardship, the demand for innovative enzyme-based solutions is poised to increase, creating vast opportunities for businesses and contributing to the development of a more sustainable and efficient agricultural sector.

The Global Agriculture Enzymes Market is segmented into type, crop type, regional distribution, and company.

Based on type, Phosphatases are dominating the Global Agriculture Enzymes Market due to their vital role in plant nutrition. They are widely recognized for their ability to free up locked phosphorus in the soil, making it accessible to plants. Phosphorus is one of the key nutrients needed for plant growth and development, and its deficiency can lead to stunted growth and lower crop yields. By facilitating the availability of this crucial nutrient, phosphatases enhance the overall growth and health of crops, resulting in increased agricultural productivity.

In addition, phosphatases are favored because they are environmentally friendly. Unlike chemical fertilizers that can lead to soil degradation and water pollution, phosphatases contribute to a more sustainable and eco-friendly agricultural practice. The growing demand for sustainable farming solutions is, therefore, giving a significant push to the adoption of phosphatases in the global agriculture enzymes market.

Based on region, North America is currently dominating the Global Agriculture Enzymes Market due to several factors. The region boasts a significant concentration of key players in the industry, who are consistently involved in extensive research and development of innovative agriculture enzymes products. This commitment to advancing the field ensures that North America remains at the forefront of agricultural enzyme technologies.

North America stands out for its advanced farming practices and a high rate of adoption of modern agricultural technologies, including the widespread use of agriculture enzymes. These innovative practices have revolutionized the agricultural landscape in the region, leading to increased productivity and sustainability. The regulatory environment in North America is highly supportive, encouraging the use of eco-friendly and sustainable farming practices. Stringent regulations and policies promote the responsible use of agriculture enzymes, aligning with the global push for environmentally conscious agriculture.

The well-established distribution channels in North America play a vital role in the market's success. The efficient distribution network ensures easy availability and accessibility of agriculture enzymes products to end-users, including farmers and agricultural businesses. Furthermore, educational efforts and training programs targeted at farmers further contribute to the market's growth. These initiatives aim to raise awareness about the benefits and proper usage of agriculture enzymes, empowering farmers to make informed decisions and optimize their agricultural practices.

Major companies operating in Global Agriculture Enzymes Market are:

Novozymes A/S

China National Chemical Corporation

DuPont de Nemours, Inc

Koninklijke DSM N.V.

BASF SE

Bayer CropScience AG

Agrinos AS

Stoller USA, Inc.

BioWorks, Inc.

Ab Enzymes GmbH

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“The future of the Global Agriculture Enzymes Market looks promising, driven by the increasing adoption of sustainable farming practices and burgeoning demand for organic food products. As the detrimental environmental and health effects of chemical fertilizers and pesticides become widely recognized, the significance of agricultural enzymes as eco-friendly and efficient alternatives is gaining traction. Advances in biotechnology and synthetic biology are anticipated to fuel the development of innovative enzyme-based solutions, enhancing crop yield, soil fertility, and plant disease resistance.

Moreover, supportive governmental policies fostering organic farming and environmental conservation, coupled with the rising awareness among farmers about the benefits of agricultural enzymes, are expected to further propel market growth.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

“Agriculture Enzymes Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Type (Phosphatases, Dehydrogenases, Proteases, Sulfatases and Others), By Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, Turf & Ornamentals and Others), By Region and Competition”, has evaluated the future growth potential of Global Agriculture Enzymes Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Agriculture Enzymes Market.

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[rupalic]

According to MarketsandMarkets, the global Specialty enzymes market size is estimated to be valued at USD 6.1 billion in 2024 and is projected to reach USD 9.2 billion by 2029, recording a CAGR of 8.5%.

The growth of specialty enzymes is fueled by increasing demand for effective biocatalysts in pharmaceuticals and diagnostics drives innovation and market expansion. Advancements in biotechnology and genetic engineering enable the development of more efficient and specific enzymes, broadening their application scope. Additionally, investment in healthcare and biopharmaceuticals is increasing, supporting the use of specialty enzymes in developing new therapies and drug formulations.  As consumers become more health-conscious, the use of specialty enzymes in nutraceuticals and functional foods is also on the rise, further propelling market growth.