Enzymes Market Size – By Product (Proteases, Lipases, Carbohydrases, Polymerases & Nucleases, Phytases, Catalyses), Application (Food & Beverage, Processed Food, Dairy, Bakery, Confectionary) & Forecast, 2023 – 2032

Enzymes Market Size

Enzymes Market size is anticipated to record over 6.8% CAGR from 2023-2032. The rising consumer attention to healthier food options is resulting in the higher adoption of enzymes in the production of low-sugar, low-fat, and high-protein foods. The growing need for clean label products free from artificial additives and preservatives is also driving the popularity of enzymes as natural additives to replace synthetic chemicals in food processing. Rising incorporation in the production of plant-based and alternative protein sources, including soy, pea, and mycoprotein will also contribute to the market expansion.
 

Increasing biotechnology advancements leading to the development of efficient and specialized enzymes to cater to several applications of enzymes will drive the market growth. However, the dearth of standardized regulatory guidelines will hamper the industry expansion.
 

COVID-19 Impact

The COVID-19 pandemic placed moderate impact on the market growth due to the hindered manufacturing activities driven by delays in the transportation of enzymes. Due to the surging need for precision and consistency in enzyme production, manufacturers incurred multiple challenges to maintain regular schedules owing to workforce shortages, higher safety measures, and facility closures. Conversely, the demand for enzymes substantially soared for the creation of detergents and cleaning products on account of the heightened cleaning and sanitation measures. The rising enzyme-related research for addressing public health concerns also influenced the product adoption during the pandemic.
 

Enzymes Market Trends

The growing adoption of enzymes in the manufacturing of biofuels from renewable sources, such as cellulose and algae will drive the industry growth. For instance, in July 2021, global ingredient manufacturer Kemin Industries added ZyloZyme™ AA, an efficient and high-temperature alpha-amylase to cater to uses during liquefaction to expand its biofuels enzyme portfolio. The rising demand for sustainable energy sources along with the surging advancements in enzyme technologies will also prove favorable for product uptake.
 

Enzymes Market Analysis

Enzymes market size from the carbohydrases segment will witness significant traction through 2032, driven by the increasing intake of sports drinks worldwide. With the surging environmental concerns, carbohydrases have gained significant ground in wastewater treatment for degrading organic matter and reducing pollution. Rising application scope in animal feed and pharmaceutical industries will also add to the market expansion.
 

The amylase sub-segment is expected to gain immense traction through the forecast period driven by higher biofuel application scope. With the rising consumption of bakery products, amylases are witnessing higher demand to break down starches into simpler sugars in dough fermentation for improving the bread texture and crumb. In the textile sector, amylases are used for removing starch-based sizing agents from the fabrics during textile finishing process. Additionally, the growing need for renewable energy sources and the surge in R&D initiatives will support the market growth.
 

The food & beverages segment is poised to witness more than 7.8% CAGR from 2023 to 2032, owing to the rising intake of processed food products on account of increasing urban lifestyles worldwide. Lately, food technologists and manufacturers are turning to enzymes for creating better-tasting, safer, and economically viable food products. Increasing application scope in beverages and the growing popularity of plant-based drinks will also contribute to the segment growth.
 

Asia Pacific enzymes market size is estimated to attain about 7.3% growth rate up to 2032. The rapid rate of urbanization and changing dietary habits has led to the higher demand for processed foods, beverages, and dairy products. According to the UN, Asia is home to nearly 54% of the urban population across the world. The presence of well-established agricultural sector is further driving the demand for enzymes for various purposes, such as soil health, improving crop yields, and pest control. The surging number of government initiatives for promoting sustainable and green technologies will also add impetus to the regional market expansion.
 

Enzymes Market Share

Some of the prominent participants operating in the enzymes business are

• BASF
• Roche Holding
• Chr. Hansen Holding A/
• Ab Enzymes
• Amano Enzymes
• Royal DSM
• Kerry Group
• Codexis
• Novozymes
• Sanofi
• Danisco

   

Enzymes Market News

• In January 2023, BASF expanded its partnership with Cargill to provide high-performance enzyme solutions to animal protein producers across the U.S.
   
• In October 2023, Novozymes launched Vertera ProBite, a natural enzyme to turn plant proteins into fibrous structures for mimicking the mouthfeel as well as bite of animal meat
   

This market report on enzymes includes in-depth coverage of the industry with estimates & forecast in terms of volume in Kilo Tons & revenue in USD Million from 2018 to 2032, for the following segments:

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By Product

• Proteases
• Lipases
• Carbohydrases
  • Amylases
  • Xylanases
  • Cellulases
  • Pectinases
  • Lactases
• Polymerases & Nucleases
• Phytases
• Catalyses
• Others (Laccases, levan)

By Application

• Food & beverage
• Detergents
• Animal feed
• Biofuels
• Textile
• Pulp & paper
• Personal care & cosmetics
• Nutraceutical
• Wastewater

The above information is provided on a regional and country basis for the following:

By Region

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Sweden
  • Austria
  • Poland
  • Russia
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Thailand
  • Malaysia
  • Australia
• Latin America
  • Brazil
  • Argentina
  • Mexico
• Middle East & Africa
  • South Africa
  • UAE
  • Saudi Arabia
  • Kuwait
  • Egypt