Enzymes Market Analysis

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.