Global Industrial Enzymes Market Segmentation, By Type (Carbohydrases, Proteases, Phytases, Polymerases and Nucleases, Lipases, and Others), Form (Liquid and Dry), Source (Plant, Animal, and Micro-organism), Application (Food Processing, Animal Feed, Healthcare, Textiles, Leather Processing, Detergents and Cleaners, Bio-Fuel, and Others) - Industry Trends and Forecast to 2031
Industrial Enzymes Market Analysis
The industrial enzymes market has experienced significant growth, driven by increasing demand across various sectors such as food and beverages, textiles, biofuels, and detergents. Key developments in enzyme technology have enhanced efficiency and specificity, enabling industries to optimize processes while reducing environmental impact. For instance, the food industry has embraced enzymes such as amylase and protease to improve product quality and shelf life, leading to higher consumer satisfaction. In addition, advancements in enzyme production methods, including recombinant DNA technology, have facilitated the development of tailored enzymes with specific functions, thereby broadening their application scope. Furthermore, the growing emphasis on sustainable practices has accelerated the adoption of enzyme-based solutions, as they often require milder conditions for reactions, reducing energy consumption. As industries increasingly prioritize sustainability and efficiency, the industrial enzymes market is poised for continued expansion.
Industrial Enzymes Market Size
The global industrial enzymes market size was valued at USD 4.21 billion in 2023 and is projected to reach USD 19.35 billion by 2031, with a CAGR of 21.00% during the forecast period of 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include import export analysis, production capacity overview, production consumption analysis, price trend analysis, climate change scenario, supply chain analysis, value chain analysis, raw material/consumables overview, vendor selection criteria, PESTLE Analysis, Porter Analysis, and regulatory framework.
Industrial Enzymes Market Trends
“Rising Adoption of Green Enzymes”
The industrial enzymes market is witnessing a significant trend toward the adoption of green enzymes, which are derived from renewable resources and designed to operate under mild conditions, thus minimizing environmental impact. These enzymes are gaining traction across various industries, particularly in the food and beverage sector, where they enhance product quality and reduce processing times. For instance, proteases are widely used in the production of meat tenderizers, while amylases are utilized in brewing to convert starches into sugars, improving fermentation efficiency. Companies such as Novozymes and DuPont are leading this trend by developing innovative, eco-friendly enzymes that meet the growing demand for sustainable practices. In addition, the shift towards clean-label products has further fueled interest in green enzymes, as consumers increasingly prefer products made with natural ingredients. This trend aligns with sustainability goals and drives market growth, as industries seek to enhance operational efficiency while reducing their carbon footprint.
Report Scope and Industrial Enzymes Market Segmentation
|
Attributes
|
Industrial Enzymes Key Market Insights
|
|
Segments Covered
|
|
|
Countries Covered
|
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
|
|
Key Market Players
|
BASF (Germany), Novozymes A/S (Denmark), DuPont (U.S.), DSM-Firmenich (Netherlands), Kerry Group plc (Ireland), Dyadic International Inc. (U.S.), Advanced Enzyme Technologies (India), Amano Enzyme Inc. (Japan), Associated British Foods plc (U.K.), Chr. Hansen Holding A/S (Denmark), Lesaffre (France), Adisseo (China), and Enzyme Development Corporation (EDC) (U.S.)
|
|
Market Opportunities
|
|
|
Value Added Data Infosets
|
In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include import export analysis, production capacity overview, production consumption analysis, price trend analysis, climate change scenario, supply chain analysis, value chain analysis, raw material/consumables overview, vendor selection criteria, PESTLE Analysis, Porter Analysis, and regulatory framework.
|
Industrial Enzymes Market Definition
Industrial enzymes are specialized proteins that catalyze biochemical reactions to facilitate and enhance various industrial processes. By breaking down complex substances into simpler compounds or speeding up chemical reactions, industrial enzymes enable manufacturers to produce higher-quality products while optimizing operational costs. The use of these enzymes often results in more sustainable practices, such as reducing waste and energy usage, making them a vital component in modern industrial applications.
Industrial Enzymes Market Dynamics
Drivers
- Growing Food and Beverage Industry
The growth of the food and beverage industry significantly fuels the demand for industrial enzymes, which are essential for enhancing efficiency and product quality in various applications. For instance, in brewing, enzymes such as amylases and proteases are crucial for breaking down starches and proteins, leading to improved fermentation processes and better flavor profiles in beers. In baking, enzymes such as alpha-amylase help improve dough texture and shelf life, while in dairy production, lactase is used to break down lactose in milk products, catering to the growing number of lactose-intolerant consumers. Thus, the expanding food and beverage sector enhances the demand for industrial enzymes and fosters innovation in enzyme applications, driving market growth.
- Rising Investment in Research and Development for Enzyme Innovation
Investment in research and development (R&D) for enzyme innovation is a significant driver of growth in the global industrial enzymes market. As industries strive for greater efficiency and sustainability, they are increasingly allocating resources to discover new enzymes and improve existing ones. For instance, in 2021, BASF launched its new enzyme portfolio, which focuses on optimizing enzyme performance across various applications, including food processing and biofuels. This initiative enhances productivity and minimizes resource consumption and waste generation, addressing the pressing need for eco-friendly solutions. Such innovations are driving the demand for enzymes, thereby propelling market growth and offering industries effective solutions to meet their operational challenges. This trend underscores the critical role of R&D investment in shaping the future of the industrial enzymes market.
Opportunities
- Rising Advancements in Biotechnology
Advancements in biotechnology are significantly transforming the industrial enzymes market by enabling the development of more efficient and stable enzymes designed for specific applications. Innovative techniques such as enzyme engineering and synthetic biology have made it possible to create tailored enzymes that enhance performance in various industrial processes. For instance, researchers at the University of California have engineered a novel enzyme that can break down cellulose more effectively, which is critical for biofuel production. This breakthrough can potentially increase the yield of biofuels from agricultural waste, contributing to the shift towards renewable energy sources. Moreover, companies such as Novozymes are investing heavily in R&D to create enzymes that can withstand extreme conditions, thereby expanding their usability across different sectors, including food, textiles, and biofuels. These technological innovations and improve the efficiency and cost-effectiveness of industrial processes but also open up new market opportunities by allowing the development of novel applications.
- Rising Stringent Regulations Around Hazardous Chemicals Use
Stringent regulations surrounding the use of hazardous chemicals in industrial processes are driving companies to seek safer alternatives, thereby presenting a significant opportunity for the industrial enzymes market. For instance, the European Union's REACH (Registration, Evaluation, Authorisation, and Restriction of Chemicals) regulation mandates that companies evaluate and minimize risks associated with chemical use, pushing them towards environmentally friendly options. As a result, industries such as food and beverage, textiles, and detergents are increasingly replacing traditional chemical processes with enzymatic alternatives that offer similar or superior efficacy without the associated environmental and health risks. Such regulatory push encourages the adoption of industrial enzymes as sustainable solutions and opens up new market avenues for industrial enzyme manufacturers, positioning them as key players in the transition towards greener industrial practices.
Restraints/Challenges
- High Production Costs
High production costs present a significant challenge in the industrial enzymes market, as the manufacturing processes are often capital-intensive and complex. For instance, cultivating specific microorganisms, such as fungi or bacteria, requires controlled environments and specialized equipment, which can drive up expenses. In addition, the purification of enzymes to achieve the desired level of activity and stability further contributes to these costs. Such financial burden disproportionately affects smaller companies or those in developing regions, limiting their access to advanced enzyme technologies and hindering their ability to compete in the market. As a result, the high costs associated with enzyme production may slow down the overall growth of the industrial enzymes market, restricting its potential to meet the increasing demand for sustainable and efficient solutions across various industries.
- Competition from Chemical Alternatives
Competition from chemical alternatives poses a significant challenge for the industrial enzymes market, as many companies still rely on traditional chemical processes that may be cheaper and more familiar. For instance, in industries such as textile manufacturing, established chemical treatments are often preferred for their cost-effectiveness and immediate availability. Enzymatic solutions, while offering advantages such as reduced environmental impact and improved product quality, require substantial investment in research and development to demonstrate their efficacy and advantages. Transitioning to enzyme-based processes necessitates convincing companies of the long-term benefits, including operational efficiency and compliance with stringent environmental regulations. Such is particularly challenging in sectors where chemical methods have been entrenched for decades. As a result, the ingrained preference for traditional chemical methods can slow the adoption of industrial enzymes, limiting their market growth despite their sustainable benefits.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions. Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Industrial Enzymes Market Scope
The market is segmented on the basis of type, form, source, and application. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Carbohydrases
- Proteases
- Phytases
- Polymerases and Nucleases
- Lipases
- Others
Form
- Liquid
- Dry
Source
- Plant
- Animal
- Micro-organism
Application
- Food Processing
- Animal Feed
- Healthcare
- Textiles
- Leather Processing
- Detergents and Cleaners
- Bio-Fuel
- Others
Industrial Enzymes Market Regional Analysis
The market is analysed and market size insights and trends are provided by country, type, form, source, and application as referenced above.
The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America leads the global industrial enzymes market due to the rising demand for advanced wound healing solutions, driven by the aging population and the prevalence of chronic wounds, particularly among the elderly. The growing incidence of diabetes in the region further boosts the need for Industrial Enzymes-based products, which are widely used for their antibacterial and wound care properties. This increasing demand underscores the region’s significant role in the market's growth.
Europe is projected to experience substantial growth in the global industrial enzymes market over the forecast period, driven by its extensive use in the food and beverage industry for sanitation purposes. Industrial Enzymes is increasingly being utilized to sanitize food preparation areas, countertops, tables, and grills, ensuring compliance with stringent hygiene standards. This growing demand for effective sanitizers in the region highlights Europe's crucial role in the market expansion.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Industrial Enzymes Market Share
The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to market.
Industrial Enzymes Market Leaders Operating in the Market Are:
- BASF (Germany)
- Novozymes A/S (Denmark)
- DuPont (U.S.)
- dsm-firmenich (Netherlands)
- Kerry Group plc (Ireland)
- Dyadic International Inc. (U.S.)
- Advanced Enzyme Technologies (India)
- Amano Enzyme Inc. (Japan)
- Associated British Foods plc (U.K.)
- Chr. Hansen Holding A/S (Denmark)
- Lesaffre (France)
- Adisseo (China)
- Enzyme Development Corporation (EDC) (U.S.)
Latest Developments in Industrial Enzymes Market
- In June 2024, Basecamp Research, a global frontrunner in artificial intelligence (AI)-driven design of proteins and biological systems, has announced a collaboration with the Ferruz Laboratory at the Institute of Molecular Biology in Barcelona to launch ZymCTRL ("enzyme control"). This innovative tool, akin to ChatGPT, enables users to generate new enzyme sequences from scratch by simply inputting an enzyme identification code that specifies the desired activity
- In January 2023, BASF (Germany) and Cargill (U.S.) expanded their collaboration to enhance the production and marketing of feed enzymes in the U.S. The two companies are currently focused on developing innovative enzyme-based solutions that will add value for animal feed customers. By leveraging BASF's expertise in enzyme research and development alongside Cargill's extensive market presence and application knowledge, the partners aim to create a robust innovation pipeline for animal protein producers
- In December 2022, Ginkgo Bioworks, a biotech company based in the U.S., introduced Ginkgo enzyme solutions suitable for applications in pharmaceuticals, food, diagnostics, and agriculture. This initiative is expected to significantly boost the demand for industrial enzymes across various end-use sectors
- In November 2022, Novozymes (Denmark) launched Frontia Prime, a cutting-edge enzyme for corn separation. This new enzymatic solution will enable manufacturers of maize starch and sweeteners to increase their yields, lower energy consumption, and reduce CO2 emissions
- In May 2022, Kerry Group plc (Ireland), a global leader in taste and nutrition, inaugurated the largest and most advanced flavor manufacturing facility in Africa. This USD 41.1 million investment aims to provide sustainable nutrition products across Africa from its location in KwaZulu-Natal, South Africa. This project has been recognized as a key strategic investment in the KwaZulu Natal region, contributing to the country's food manufacturing sector and forming a part of the Presidential investment drive aimed at sustainable, equitable growth for socio-economic transformation in South Africa
SKU-