Industrial Enzymes Market

Market Analysis and Insights

According to projections, the global market for industrial enzymes was valued at USD 6.03 billion in 2022 and will increase at a CAGR of 3.11% from 2022 to 2033 to reach USD 9.02 billion.

As businesses from a variety of industries begin to realize the advantages of using enzymes in their production processes, the industrial enzymes market is anticipated to expand over the ensuing years. The creation of more effective and affordable enzymes that may be employed in a variety of industrial applications has been made possible by improvements in enzyme technology, which help drive the market.

Industrial Enzymes Market Scope :

Market Definition

Enzymes are biological catalysts with very particular roles that can speed up chemical processes, increase effectiveness, and lessen their negative effects on the environment. 

The use of industrial enzymes in the food and beverage industry has significantly risen during the last several years. With the aid of enzymes, products' texture, taste, and shelf life may all be enhanced. They are also used to break down complex compounds like protein and carbs into smaller pieces to make them easier for the body to absorb. 

The increased demand for processed foods has fueled the industry's need for industrial enzymes. In the textile business, enzymes are employed to remove contaminants, soften fibers, and improve colour absorption. Industrial enzymes are utilized in a wide range of sectors, such as those that produce food and beverages, biofuels, textiles, pulp and paper, detergents, medicines, and more. They aid in procedures like fermentation, chemical synthesis, and the disintegration of intricate compounds.

Organic catalysts called enzymes can accelerate chemical reactions without requiring food. They achieve this by lowering the activation energy required for a reaction to occur.

Key Market Segmentation

Insights on Application

Insights on Source

The Microorganisms Segment Valued for the Highest Share With an estimated 85.6% revenue share in 2022, the microorganisms source category dominated the market. Because microbes are readily available to enzyme producers and have a low cost of manufacturing, this is possible. Bacterial, fungal, and yeast enzymes make up the three categories of microorganism-derived enzymes. The vast majority of these goods are used in food, medicine, and detergent.

There are phenol oxidases, esterases, and hydrolases among the enzymes originating from mushrooms or fungi. Because of their rising application across a variety of end-use sectors, fungi-based enzymes are more in demand. In addition to soy sauce, beer, baked goods, processed fruits, and dairy products, they are crucial in the production and preparation of many other meals.

Insights on Application

The Food and Beverages Segment is Valued for the Highest Share

With a global revenue share of 20.9% in 2022, the food and beverage application segment were the market leader. This is caused by the expanded usage of enzymes in the production of food and drink items. The processing of cheese, vegetables, fruits, oils and fats, cereals, and various other food items is done in the baking, dairy, and brewing sectors using both specialized enzyme solutions and unique enzyme products. The three enzymes that are most frequently utilized in the food and beverage sector are proteases, lipases, and carbohydrates.

Proteases, lipases, and amylases are typically found in the formulation of detergents. Proteases are an enzyme commonly used in detergents. Examples of protein stains that it aids in removing include eggs, grass, human perspiration, and blood. Most frequently, amylases are employed to remove stains from starchy meals like spaghetti, gravy, chocolate, custard, mashed potatoes, and custard. Dishwashing and laundry detergents without chlorine contain these.

Insights on Region

The North America Region Accounted for the Highest Share

With a market share of 37.8% in 2022, the North American area had a dominant position. Due to the significant presence of several end-use enterprises in the food and beverage, pharmaceutical, laundry detergent, and personal care & cosmetics sectors, as well as the significant potential for R&D activities in the region's main economies, there is a significant market for industrial enzymes. As an illustration, technical improvements enable the sourcing of microorganisms from which genetically modified organism strains are rebuilt by food enzymes. These strains boost the product's effectiveness in food products.

Key Company Profiles

The key players operating in the market include Novozymes, DuPont, AB Enzymes, Enzyme Development Corporation, DSM, BASF, Amano Enzyme Inc., Kerry Group, Chr. Hansen Holding A/S, Roquette Frères.

COVID-19 Impact and Market Status

The manufacture and distribution of industrial enzymes were impacted by the COVID-19 pandemic, which interrupted worldwide supply networks. Many enzyme producers had trouble finding raw ingredients, keeping up production levels, and getting goods to clients.

Different sectors were affected differently by the epidemic. The demand for particular enzymes (such as those used in the manufacturing of vaccines and food processing) surged in some industries, such as pharmaceuticals and food production, while it fell in others, such as textiles and biofuels, as a result of lockdowns and lower consumer spending.

The demand for particular enzyme applications, such as those used in food and beverage processing, was driven by changing consumer behaviors during the pandemic, including more home cooking and an emphasis on health and wellbeing. Businesses were forced to adjust to these shifting market patterns.
The pandemic encouraged increased biotechnology and pharmaceutical industry research and development activities, which may have raised the demand for enzymes used in research, medication development, and vaccine manufacturing.

Latest Trends

• In the market for industrial enzymes, innovation is greatly influenced by sustainability. Enzymes are viewed as environmentally beneficial substitutes for conventional chemical processes. Manufacturers are putting greater effort into creating enzymes that use less energy, have fewer byproducts, operate at lower temperatures, and have a lower pH level, all of which have a positive influence on the environment.

• The ability to tailor enzymes for certain commercial purposes has been made feasible by developments in genetic engineering and enzyme manufacturing methods. Genetic engineering is being used by enzyme producers to create enzymes that have better activity, stability, and selectivity.

• Research into enzyme-catalyzed techniques for bioplastic manufacture has been sparked by the increased interest in bioplastics as a sustainable replacement for conventional plastics. Enzymes can boost the effectiveness of the production of bioplastics by assisting in the breakdown of biomass into bioplastic precursors.

Significant Growth Factors

Industrial enzymes are widely used in the food and beverage sector for a variety of tasks, including dairy production, baking, brewing, and food processing. There is a persistent need in this industry for creative and sustainable enzyme solutions as the global population keeps expanding and customer preferences change.

The creation of more effective and specialized enzymes has been made possible by developments in biotechnology and genetic engineering. These developments have increased the potential industrial uses for enzymes, fostering market expansion.

Industry adoption of enzyme-based technologies as more environmentally friendly substitutes for conventional chemical procedures is a result of growing environmental concerns and sustainability objectives. Enzymes frequently provide decreased energy usage and waste production. 

Enzymes are used in the biotechnology and pharmaceutical industries for drug development, bioprocessing, and research purposes. The need for enzymes has increased as a result of the expansion of these businesses, particularly in the creation of biopharmaceuticals.

The demand for enzymes used in the manufacturing of biofuels like bioethanol and biodiesel has increased as a result of the emphasis on renewable energy sources. Enzymes play a crucial role in converting biomass into biofuel precursors.

Restraining Factors 

Industrial enzyme manufacturing may be costly, partly because specialized fermentation facilities and raw ingredients are required. 

In particular, for smaller businesses, this expense may restrict market expansion. Regulatory review and approval procedures are in place for enzymes used in food, medicine, and other uses in numerous nations. Accessing and expanding in new markets might be hampered by navigating complicated and changing regulatory environments.

With several manufacturers offering a broad range of enzyme products, the industrial enzyme market is extremely fragmented. Price pressures and fierce rivalry may result from this fragmentation. Because of how specifically they function, enzymes are frequently created for specialized uses. Due to this specialization, enzyme products' adaptability may be constrained, forcing businesses to create and sell a wide variety of enzyme solutions.

Recent Developments in the Global Industrial Enzymes Market: A Snapshot

• 2021 saw the formation of cooperation between Novozymes and Novo Nordisk Pharmatech. The collaboration intends to produce enzymes that are crucial to the process of making biopharmaceuticals.

• By agreement, Sandoz GmbH and BASF will make an investment in April 2021 at the Kundl/Schaftenau Campus in Austria. Expanding industrial facilities across international borders will be made easier thanks to our alliance.

• With the Food and Beverage platform and the Institute for the Future (IFTF), DuPont Nutrition & Biosciences (DuPont) teamed in November 2020. To have creative approaches in the food and beverage business, this organization collaborates.

Key Segments Industrial Enzymes Market

by Source 
• Microorganisms
• Plant
• Animal

by Type Overview 
• Carbohydrases
• Amylases
• Cellulases
• Proteases
• Lipases
• Polymerases & Nucleases
• Others

by Application Overview 
• Food and Beverages
• Meat Processing Products
• Dairy products
• Beverages
• Bakery & Confectionary
• Nutraceuticals
• Other Food & Beverages
• Laundry Detergents
• Others

Regional Overview 

North America
• U.S
• Canada
Europe
• Germany
• France
• UK
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• Rest of Asia Pacific
South America
• Mexico
• Brazil
• Rest of South America