Industrial Enzymes Market Size, Trends & Growth Opportunity, By Type (Carbohydrases, Proteases, Lipases, Polymerases & Nucleases), By Application (Food & Beverages, Bioethanol, Feed, Detergents, Wastewater, Soil, and Oil Treatment), By Source (Microorganism, Plant & Animal) , by Formulation ( Lyophilized Powder ,Liquid, Dry) Region and forecast till 2027.

Industrial Enzymes Market

Industrial enzymes are enzymes that are commercially used in a variety of industries such as pharmaceuticals, chemical production, biofuels, food & beverage, and consumer products. Due to advancements in recent years, biocatalysis through isolated enzymes is considered more economical than use of whole cells. Enzymes may be used as a unit operation within a process to generate a desired product, or may be the product of interest. Industrial biological catalysis through enzymes has experienced rapid growth in recent years due to their ability to operate at mild conditions, and exceptional chiral and positional specificity, things that traditional chemical processes lack.Isolated enzymes are typically used in hydrolytic and isomerization reactions. Whole cells are typically used when a reaction requires a co-factor. Although co-factors may be generated in vitro, it is typically more cost-effective to use metabolically active cells.

 Drivers: Switching towards renewable sources of energy leads to increasing consumption of bioethanol

The need for non-renewable sources, such as fossil fuels, has increased during the last few decades; hence, the search for sustainable and renewable alternative sources has gained growing interest. Enzymatic hydrolysis in bioethanol production presents a vital step, where sugars that are fermented are obtained in the final fermentation process. In countries with surplus agricultural capacity, ethanol produced from biomass can be used as a substitute, extender, or octane booster as an alternative for traditional motor fuels, such as gasoline, diesel, and kerosene. Bioethanol is prepared from agricultural waste containing corn stalks, leaves, bagasse of sugarcane, sugar beet, sorghum stalks, wheat, barley, rye, and by-products, such as whey from cheese making and potato processing waste streams.

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Restraints: Action of enzymes restricted to various external factors

The action of enzymes is largely influenced by the surrounding environmental conditions. A decrease in temperature causes the reaction rate to drop drastically, while thermal agitation denatures the food enzyme (deteriorates the food enzyme structure), thereby making it non-functional. Varying the pH outside the operational range of the food enzyme also reduces the enzyme activity and can ultimately lead to permanent denaturation. Food enzyme manufacturers strive to produce enzymes that can operate in a wide temperature and pH range; however, there is still a long way to go if enzyme use has to be universally implemented in all food & beverages manufacturing processes.

Impact of COVID-19

The COVID-19 pandemic has highlighted the importance of eating healthy and nutritious food with a balanced intake of enzymes and other energy sources. As a result, fortified foods & beverages infused with nutritional enzymes and other healthy ingredients are witnessing an increase in demand. The market for meat products is projected to record a considerably lower growth rate due to the aversions toward meat products among consumers. However, the demand for bakery & confectionery products, dairy products, and juices is projected to increase with the rise in health concerns and increase in awareness regarding enzyme-infused products.

Segmentation By Type

By type, the market is fragmented into protease, carbohydrase, lipase, polymerase & nuclease, and others. Carbohydrase accounted for the largest market share in 2019, and is expected to continue this trend throughout the forecast period. This is attributed to the fact that carbohydrase is the most prominent type of enzyme used in pharmaceutical and food industries. Therefore, commercial applications of carbohydrase in food products and detergents are expected to fuel the growth of the segment throughout the forecast period.

Segmentation by Application:

The applications covered in the study include food & beverages, household care, bioenergy, pharmaceutical & biotechnology, feed, and others. Household care segment dominated the market by application. The growth of the household care segment is attributed to factors such as increase in adoption of products containing enzymes rather than petrochemical-derived ingredients, as the latter tends to pollute the environment to a greater extent. Rise in awareness among the population regarding positive environmental impact of enzymes has greatly contributed toward the growth of the enzymes market for household care.  

Segmentation By Sources :

On the basis of source, the global enzymes market is categorized into microorganisms, plants, and animals. Enzymes molecules are difficult to synthesize by chemical methods, hence it is easier to obtain them from living organisms such as plants, animals, and microorganisms. Microorganisms are the major source of enzymes due to their easy availability and low production cost. Microorganism-derived enzymes segment is projected to dominate the market in 2019, due to their large-scale production, emergence of genetically engineered microorganisms, and vast applications.

Segmentation By Formulation:

On the basis of formulation, the global enzymes market is segmented into Lyophilized Market, Liquid & Dry.

Segmentation by Region

By Region the market is segmented into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa. The North America dominates the market, North American industrial enzymes market is led by their wide industrial applications. Technological advancements have made enzymes available for a wide range of applications. The North American region is the largest market for industrial enzymes, owing to the development of novel and superior performing products, developed technologies, and global industrialization. The US is the dominating country in the North American industrial enzymes market.  

Competitive Landscape:

The key players for the market are BASF, NOVOZYMES, DUPONT, ASSOCIATED BRITISH FOODS PLC (ABF), & ADVANCED ENZYME TECHNOLOGIES

Industrial Development:

In November 2020, DuPont Nutrition & Biosciences (DuPont) undertook a new partnership between its Food & Beverage platform and the Institute for the Future (IFTF), the world’s leading future organization. The collaboration seeks to drive far-sighted food and beverage innovation that anticipates shifts in market needs.

In October 2018, DSM opened a second Animal Nutrition & Health premix plant in Jadcherla, India. This decision to expand its operations in India will help DSM grow in the Indian market. With this plant, DSM aims to provide tailor-made solutions for local needs.

In March 2018, Kerry expanded its regional development and application center in Bangpoo, (Thailand). With the industry-leading research and sensory facilities in this center, the company is focused on expansion in the Asian market.

Market taxonomy

By formulation

• Lyophilized
• Liquid
• Dry

By source

• Microorganism
• Plant
• Animal

By type

• Carbohydrases
• Amylases
• Cellulases
• Other Carbohydrases
• Proteases
• Lipases
• Polymerases & Nucleases
• Other types

By application

• Food & beverages
• Detergents
• Feed
• Bioethanol
• Soil Treatment
• Paper & Pulp
• Textile & leather
• Wastewater Treatment
• Oil Treatment
• Other Applications

By Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa