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Enzymes Market by Product Type (Industrial Enzymes and Specialty Enzymes), Source (Microorganism, Plant, and Animal), Type, Industrial Enzyme Application, Specialty Enzymes Application, Reaction Type and Region - Forecast to 2029

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    Report

  • 412 Pages
  • June 2024
  • Region: Global
  • Markets and Markets
  • ID: 5009185
Description Jump to:
The global enzymes market is projected to reach USD 20.4 billion by 2029 from USD 14 billion by 2024, at a CAGR of 7.8% during the forecast period in terms of value. In the food and beverage sector, carbohydrases are crucial for enhancing product quality and process efficiency. For instance, amylases are vital in starch hydrolysis during brewing and baking, while lactases facilitate lactose breakdown in dairy products for lactose-intolerant consumers.

Moreover, carbohydrases play a significant role in the production of biofuels by converting biomass into fermentable sugars, supporting sustainable energy initiatives. In the animal feed industry, these enzymes improve nutrient absorption and digestion, optimizing feed efficiency and animal health. Their application extends to textile processing, where they aid in achieving desired fabric textures and finishes. Carbohydrases' ability to address diverse industrial needs effectively underscores their prominence in driving innovation and economic growth within the enzymes market.

By source, Microorganisms are estimated to dominate the market during the forecast period.

Microorganisms stand out as a prevalent and versatile source due to their ability to produce a wide range of enzymes efficiently. In the enzymes market is the production of proteases, a type of enzyme crucial for various industrial applications such as detergent formulation, food processing, and pharmaceutical manufacturing. Microorganisms, particularly bacteria like Bacillus and fungi like Aspergillus, are prolific producers of proteases.

For instance, Bacillus subtilis is renowned for its secretion of proteases suitable for detergent formulations due to its effectiveness in breaking down protein-based stains. Additionally, the advent of genetic engineering techniques has further boosted microbial enzyme production. Through genetic manipulation, scientists can enhance microbial strains to overproduce specific enzymes or modify enzyme properties to meet desired industrial requirements. This capability has significantly expanded the range and efficacy of microbial enzymes, reinforcing their dominance in the market.

Europe will significantly contribute towards market growth during the forecast period.

Europe's contribution to enzymes market growth during the forecast period will be driven by its leadership in sustainable practices and technological innovation. Specifically, the region's focus on green chemistry and circular economy principles will propel the demand for enzymes in various sectors. For instance, in the detergent industry, European regulations promoting phosphate-free products have led to increased adoption of enzyme-based detergents, which offer superior stain removal without environmental harm. Additionally, Europe's strong emphasis on biofuels and renewable energy sources will boost the use of enzymes in biomass conversion and biofuel production processes.

Collaborations between European enzyme manufacturers and research institutions, such as the EU-funded projects fostering enzyme discovery and optimization, will further accelerate market growth by facilitating the development of novel enzyme solutions tailored to specific industrial needs. According to CORDIS - EU research results, starting in December 2023, the EU-funded FuturEnzyme project aims to develop low-cost enzymes for eco-friendly consumer products like textiles, detergents, and cosmetics. Through innovative solutions and collaborative efforts, it will receive approximately USD 6.71 billion for enzyme discovery and optimization until May 2025. Overall, Europe's commitment to sustainability, coupled with its advanced research capabilities and supportive regulatory environment, positions it as a key driver of innovation and market expansion in the enzyme sector.

Break-up of Primaries:

  • By Company Type: Tier1 - 40%, Tier 2 - 32%, Tier 3 - 28%
  • By Designation: C-level - 45%, D-level - 33%, and Others - 22%
  • By Region: North America - 15%, Europe - 20%, Asia Pacific - 40%, South America - 12%, RoW - 13%

Others include sales managers, territory managers, and product managers.

Leading players profiled in this report:

  • BASF SE (Germany)
  • International Flavors & Fragrances Inc. (US)
  • dsm-firmenich (Switzerland)
  • Associated British Foods plc (England)
  • Novozymes A/S (Denmark)
  • Kerry Group plc. (Ireland)
  • Dyadic International Inc (US)
  • Advanced Enzyme Technologies (India)
  • Aumgene Biosciences (India)
  • Amano Enzyme Inc (Japan)
  • F. Hoffmann-La Roche Ltd (Switzerland)
  • Codexis, Inc. (US)
  • Sanofi (France)
  • Merck KGaA (Germany)
  • Adisseo (China)
  • Lesaffre Corporation (France)
  • Enzyme Solutions (US)
  • Enzymatic Deinking Technologies, LLC (US)
  • Creative Enzymes (US)
  • Tex Biosciences (P) Ltd. (India)
  • DENYKEM (UK)
  • MetGen (Finland)
  • Biovet S.A. (Spain)
  • Biocatalysts (UK)
  • Alltech (US)
The study includes an in-depth competitive analysis of these key players in the enzymes market with their company profiles, recent developments, and key market strategies.

Research Coverage:

The report segments the enzymes market based on product type, type, source, reaction types, industrial enzyme applications, specialty enzyme applications, and region. In terms of insights, this report has focused on various levels of analyses - the competitive landscape, end-use analysis, and company profiles, which together comprise and discuss views on the emerging & high-growth segments of the global enzymes market, high-growth regions, countries, government initiatives, drivers, restraints, opportunities, and challenges.

Reasons to buy this report:

The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall enzymes market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

  • Analysis of key drivers (Growing environmental concerns and increasing demand for biofuel), restraints (Stringent regulatory framework), opportunities (Demand for alternatives to synthetic chemicals), and challenges (Excessive Costs of Raw Materials Limiting enzymes Usage) influencing the growth of the enzymes market.
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the enzymes market.
  • Market Development: Comprehensive information about lucrative markets - the report analyses the enzymes market across varied regions.
  • Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the enzymes market.
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players such as BASF SE (Germany), International Flavors & Fragrances Inc. (US), dsm-firmenich (Switzerland), Associated British Foods plc (England), Novozymes A/S (Denmark), Kerry Group plc. (Ireland), among others in the enzymes market strategies. The report also helps stakeholders understand the enzymes market and provides them with information on key market drivers, restraints, challenges, and opportunities.

Table of Contents

1 Introduction
1.1 Study Objectives
1.2 Market Definition
1.3 Study Scope
Figure 1 Market Segmentation
1.3.1 Regions Covered
Figure 2 Enzymes Market Segmentation, by Region
1.3.2 Years Considered
Figure 3 Study Period Considered
1.4 Currency Considered
Table 1 USD Exchange Rates Considered, 2020-2023
1.5 Unit Considered
1.6 Stakeholders
1.7 Summary of Changes
1.7.1 Recession Impact
2 Research Methodology
2.1 Research Data
Figure 4 Enzymes Market: Research Design
2.1.1 Secondary Data
2.1.1.1 Key Data from Secondary Research
2.1.2 Primary Data
2.1.2.1 Key Data from Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primary Interviews
Figure 5 Breakdown of Primary Interviews: by Company Type, Designation, and Region
2.2 Factor Analysis
2.2.1 Introduction
2.2.2 Demand-Side Analysis
Figure 6 Key Economies Based on GDP, 2020-2023 (USD Billion)
2.2.3 Supply-Side Analysis
2.3 Market Size Estimation
2.3.1 Approach One (Based on Industry and Product Type, by Region)
Figure 7 Enzymes Market: Approach One (Bottom-Up Approach)
2.3.2 Approach Two (Based on Global Market)
Figure 8 Enzymes Market: Top-Down Approach
2.4 Data Triangulation
Figure 9 Data Triangulation Methodology
2.5 Research Assumptions
2.6 Research Limitations
Figure 10 Enzymes Market: Research Limitations
2.7 Recession Impact Analysis
2.7.1 Macro Indicators of Recession
Figure 11 Recession Indicators
Figure 12 World Inflation Rate: 2013-2023
Figure 13 Global Gross Domestic Product: 2013-2023 (USD Trillion)
Figure 14 Recession Indicators and Their Impact on Enzymes Market
Figure 15 Enzymes Market: Current Forecast vs. Recession Forecast
3 Executive Summary
Table 2 Enzymes Market Snapshot, 2024 vs. 2029
Figure 16 Enzymes Market, by Type, 2024 vs. 2029 (USD Million)
Figure 17 Enzymes Market, by Product Type, 2024 vs. 2029 (USD Million)
Figure 18 Enzymes Market, by Source, 2024 vs. 2029 (USD Million)
Figure 19 Industrial Enzymes Market, by Application, 2024 vs. 2029 (USD Million)
Figure 20 Specialty Enzymes Market, by Application, 2024 vs. 2029 (USD Million)
Figure 21 Enzymes Market Share, by Region, 2023
4 Premium Insights
4.1 Attractive Opportunities for Players in Enzymes Market
Figure 22 Advancements in Enzyme Engineering and Technological Innovations to Drive Market
4.2 Enzymes Market: Shares of Major Regional Submarkets
Figure 23 US Accounted for Largest Market Share in 2023
4.3 Asia-Pacific: Enzymes Market, by Product Type & Country
Figure 24 China to Account for Largest Market Share in Asia-Pacific in 2024
4.4 Industrial Enzymes Market, by Type
Figure 25 Carbohydrases Segment to Dominate Market During Forecast Period
4.5 Specialty Enzymes Market, by Type
Figure 26 Carbohydrases Segment to Dominate Market During Forecast Period
4.6 Enzymes Market, by Product Type
Figure 27 Industrial Enzymes Segment to Lead Market During Forecast Period
4.7 Enzymes Market, by Source
Figure 28 Microorganisms Segment to Dominate Market During Forecast Period
5 Market Overview
5.1 Introduction
5.2 Macroeconomic Indicators
5.2.1 Increase in Retail Sales
Figure 29 Retail and Food Service Sales in US, 2018-2023 (USD Billion)
5.2.2 Growth Opportunities in Asia-Pacific and South America
Figure 30 Annual GDP Growth Rate in Asian Countries, 2023
5.3 Market Dynamics
Figure 31 Enzymes Market: Drivers, Restraints, Opportunities, and Challenges
5.3.1 Drivers
5.3.1.1 Growing Environmental Concerns and Increasing Demand for Biofuels
Figure 32 Growing Demand for Biofuels (2021-2030)
5.3.1.2 Advancements in R&D Activities for Technical Enzymes
5.3.1.3 Shift Toward Green Energy
Figure 33 Bioethanol Production Worldwide, 2019-2021
5.3.1.4 Multifunctionalities of Enzymes
Table 3 Applications and Benefits of Enzymes
5.3.2 Restraints
5.3.2.1 Stringent Regulatory Framework
5.3.2.2 Influence of Environmental Factors on Enzyme Structure and Functions
5.3.2.3 High Cost Incurred by SMEs in Adapting to New Technologies
5.3.3 Opportunities
5.3.3.1 Demand for Alternatives to Synthetic Chemicals
5.3.3.2 Technological Innovations and Wide Industry Scope
5.3.3.3 Emergence of Encapsulation to Enhance Enzyme Shelf Life
5.3.4 Challenges
5.3.4.1 High Cost of Raw Materials
5.3.4.2 Concerns Over Enzyme Quality in Food & Beverages and Feed Industries
5.3.4.3 Lack of Transparency in Patent Protection Laws
6 Industry Trends
6.1 Introduction
6.2 Supply Chain Analysis
Figure 34 Enzymes Market: Supply Chain Analysis
6.3 Value Chain Analysis
Figure 35 Enzymes Market: Value Chain Analysis
6.4 Trade Analysis
6.4.1 Export Scenario of Specialty Enzymes
Figure 36 Export Value of Specialty Enzymes for Key Countries, 2020-2023 (USD Thousand)
Table 4 Top 5 Exporters of Specialty Enzymes (HS Code 350790), 2023 (USD Thousand)
6.4.2 Import Scenario of Specialty Enzymes
Figure 37 Import Value of Specialty Enzymes for Key Countries, 2020-2023 (USD Thousand)
Table 5 Top 5 Importers of Specialty Enzymes (HS Code 350790), 2023 (USD Thousand)
6.5 Technology Analysis
6.5.1 Key Technologies
6.5.1.1 Precision Fermentation
6.5.1.2 Enzyme Engineering
6.5.2 Adjacent Technologies
6.5.2.1 Solid-State Fermentation
6.6 Pricing Analysis
6.6.1 Average Selling Price Trends of Key Players, by Enzyme Type
Table 6 Average Selling Price Trends of Key Players, by Enzyme Type, 2024 (USD/KG)
6.6.2 Average Selling Price Trends, by Product Type
Figure 38 Average Selling Price Trends, by Product Type, 2022-2024 (USD/KG)
6.6.3 Average Selling Price Trend Analysis
Figure 39 Average Selling Price Trend of Key Players, by Product Type (USD/KG)
Table 7 Enzymes Market: Average Selling Price, by Product Type, 2020-2023 (USD/KG)
Table 8 Average Selling Price Trends for Industrial Enzymes, by Region, 2020-2023 (USD/KG)
6.7 Ecosystem Analysis/Market Map
6.7.1 Supply Side
6.7.2 Demand Side
Figure 40 Enzymes Market Ecosystem
Figure 41 Enzymes Market Map
Table 9 Enzymes Market: Supply Chain (Ecosystem)
6.8 Trends/Disruptions Impacting Customer Business
Figure 42 Trends/Disruptions Impacting Customer Business: Revenue Shift for Food Enzymes Market
6.9 Patent Analysis
Figure 43 Number of Patents Granted Between 2018 and 2023
Figure 44 Top 10 Investors with Highest Number of Patent Documents
Table 10 Enzymes Market: List of Major Patents, 2020-2024
6.10 Key Conferences and Events
Table 11 Enzymes Market: List of Key Conferences and Events, 2024-2025
6.11 Regulatory Landscape
6.11.1 Regulatory Landscape, by Country/Region
6.11.1.1 US
Table 12 Enzyme Preparations Approved for Food Additives Listed in 21 Cfr
Table 13 Enzyme Preparations Specified in Food Standards
Table 14 Enzyme Preparations Affirmed as Gras Listed in 21 Cfr
6.11.1.2 Europe
Table 15 List of Permitted Enzymes in Europe
6.11.1.2.1 Eu Legislation Relevant to Food Enzymes
6.11.1.3 Asia-Pacific
6.11.1.3.1 China
6.11.1.3.2 India
6.11.1.3.3 Australia & New Zealand
6.11.2 Regulatory Bodies, Government Agencies, and Other Organizations
Table 16 North America: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 17 Europe: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 18 Asia-Pacific: List of Regulatory Bodies, Government Agencies, and Other Organizations
6.12 Porter's Five Forces Analysis
Table 19 Enzymes Market: Porter's Five Forces Analysis
6.12.1 Intensity of Competitive Rivalry
6.12.2 Bargaining Power of Suppliers
6.12.3 Bargaining Power of Buyers
6.12.4 Threat of Substitutes
6.12.5 Threat of New Entrants
6.13 Key Stakeholders and Buying Criteria
6.13.1 Key Stakeholders in Buying Process
Figure 45 Influence of Stakeholders on Buying Process for Enzyme Types
Table 20 Influence of Stakeholders on Buying Process for Enzyme Types
6.13.2 Buying Criteria
Table 21 Key Buying Criteria for Top 3 Industrial Enzyme Applications
Figure 46 Key Buying Criteria for Top 3 Industrial Enzyme Applications
6.14 Case Study Analysis
6.14.1 Process Optimization in Enzyme Production
6.14.2 Health Company Launched New Enzyme to Aid Brewers in Adjunct Brewing
6.14.3 Codexis Inc (US) Deployed Its Codeevolver Platform to Develop a Highly Efficient and Stereospecific Ketoreductase Enzyme
6.14.4 International Flavors & Fragrances Inc. (US) Launched New Enzyme for Dairy Products to Reduce Lactose Levels and Bring Balanced Sweetness
6.15 Investment and Funding Scenario
Figure 47 Investment and Funding Scenario
7 Enzymes Market, by Source
7.1 Introduction
Figure 48 Enzymes Market, by Source, 2024 vs. 2029
Table 22 Enzymes Market, by Source, 2020-2023 (USD Million)
Table 23 Enzymes Market, by Source, 2024-2029 (USD Million)
7.2 Microorganism
7.2.1 Huge Production in Less Time to Boost Industrial Use of Microbial Enzymes
Table 24 Microorganism: Enzymes Market, by Region, 2020-2023 (USD Million)
Table 25 Microorganism: Enzymes Market, by Region, 2024-2029 (USD Million)
7.3 Plant
7.3.1 Versatility Across Temperatures to Drive Demand for Plant-based Enzymes
Table 26 Plant: Enzymes Market, by Region, 2020-2023 (USD Million)
Table 27 Plant: Enzymes Market, by Region, 2024-2029 (USD Million)
7.4 Animal
7.4.1 Temperature Sensitivity to Discourage Industrial Use of Animal-based Enzymes
Table 28 Animal: Enzymes Market, by Region, 2020-2023 (USD Million)
Table 29 Animal: Enzymes Market, by Region, 2024-2029 (USD Million)
8 Enzymes Market, by Type
8.1 Introduction
Figure 49 Enzymes Market, by Type, 2024 vs. 2029
Table 30 Enzymes Market, by Type, 2020-2023 (USD Million)
Table 31 Enzymes Market, by Type, 2024-2029 (USD Million)
Table 32 Carbohydrases: Enzymes Market, by Subtype, 2020-2023 (USD Million)
Table 33 Carbohydrases: Enzymes Market, by Subtype, 2024-2029 (USD Million)
8.2 Carbohydrases
Table 34 Carbohydrases: Enzymes Market, by Region, 2020-2023 (USD Million)
Table 35 Carbohydrases: Enzymes Market, by Region, 2024-2029 (USD Million)
8.2.1 Amylases
8.2.1.1 Rising Demand from Food & Beverage and Textile Industries to Drive Market
Table 36 Amylases: Enzymes Market, by Region, 2020-2023 (USD Million)
Table 37 Amylases: Enzymes Market, by Region, 2024-2029 (USD Million)
8.2.2 Cellulases
8.2.2.1 Complex Nature to Boost Demand in Industrial and Specialty Applications
Table 38 Cellulases: Enzymes Market, by Region, 2020-2023 (USD Million)
Table 39 Cellulases: Enzymes Market, by Region, 2024-2029 (USD Million)
8.2.3 Other Carbohydrases
8.2.3.1 Stability in Enzyme Activity Drives Demand in Various Industrial Applications
Table 40 Other Carbohydrases: Enzymes Market, by Region, 2020-2023 (USD Million)
Table 41 Other Carbohydrases: Enzymes Market, by Region, 2024-2029 (USD Million)
8.3 Proteases
8.3.1 Competent Characteristics to Hydrolyze Proteins to Boost Industrial Use
Table 42 Proteases: Enzymes Market, by Region, 2020-2023 (USD Million)
Table 43 Proteases: Enzymes Market, by Region, 2024-2029 (USD Million)
8.4 Lipases
8.4.1 Commercialization of Biofuel Production from Enzymatic Processes to Drive Market
Table 44 Lipases: Enzymes Market, by Region, 2020-2023 (USD Million)
Table 45 Lipases: Enzymes Market, by Region, 2024-2029 (USD Million)
8.5 Polymerases & Nucleases
8.5.1 Demand for Polymerases & Nucleases in Nucleic Acid Processes
Table 46 Polymerases & Nucleases: Enzymes Market, by Region, 2020-2023 (USD Million)
Table 47 Polymerases & Nucleases: Enzymes Market, by Region, 2024-2029 (USD Million)
8.6 Other Enzymes
Table 48 Other Enzymes: Enzymes Market, by Region, 2020-2023 (USD Million)
Table 49 Other Enzymes: Enzymes Market, by Region, 2024-2029 (USD Million)
9 Enzymes Market, by Product Type
9.1 Introduction
Figure 50 Enzymes Market, by Product Type, 2024 vs. 2029 (USD Million)
Table 50 Enzymes Market, by Product Type, 2020-2023 (USD Million)
Table 51 Enzymes Market, by Product Type, 2024-2029 (USD Million)
Table 52 Enzymes Market, by Product Type, 2020-2023 (Kilotons)
Table 53 Enzymes Market, by Product Type, 2024-2029 (Kilotons)
9.2 Industrial Enzymes
9.2.1 Growth in Food & Feed Processing Industries to Drive Market
Table 54 Industrial Enzymes and Their Applications
Table 55 Industrial Enzymes Market, by Type, 2020-2023 (USD Million)
Table 56 Industrial Enzymes Market, by Type, 2024-2029 (USD Million)
Table 57 Industrial Enzymes Market, by Region, 2020-2023 (USD Million)
Table 58 Industrial Enzymes Market, by Region, 2024-2029 (USD Million)
9.3 Specialty Enzymes
9.3.1 Rising Clinical in Vitro Diagnostic Industry to Drive Market
Table 59 Specialty Enzymes Market, by Type, 2020-2023 (USD Million)
Table 60 Specialty Enzymes Market, by Type, 2024-2029 (USD Million)
Table 61 Specialty Enzymes Market, by Region, 2020-2023 (USD Million)
Table 62 Specialty Enzymes Market, by Region, 2024-2029 (USD Million)
10 Industrial Enzymes Market, by Application
10.1 Introduction
Figure 51 Industrial Enzymes Market, by Application, 2024 vs. 2029
Table 63 Industrial Enzymes Market, by Application, 2020-2023 (USD Million)
Table 64 Industrial Enzymes Market, by Application, 2024-2029 (USD Million)
Table 65 Industrial Enzymes Market, by Application, 2020-2023 (Kilotons)
Table 66 Industrial Enzymes Market, by Application, 2024-2029 (Kilotons)
Table 67 Industrial Enzymes Market, by Region, 2020-2023 (USD Million)
Table 68 Industrial Enzymes Market, by Region, 2024-2029 (USD Million)
10.2 Food & Beverages
Table 69 Food & Beverages: Industrial Enzymes Market, by Region, 2020-2023 (USD Million)
Table 70 Food & Beverages: Industrial Enzymes Market, by Region, 2024-2029 (USD Million)
Table 71 Food & Beverages: Industrial Enzymes Market, by Sub-Application, 2020-2023 (USD Million)
Table 72 Food & Beverages: Industrial Enzymes Market, by Sub-Application, 2024-2029 (USD Million)
10.2.1 Meat Processing
10.2.1.1 Enzymes Tenderize Meat Through Protein Modification
Table 73 Meat Processing: Industrial Enzymes Market, by Region, 2020-2023 (USD Million)
Table 74 Meat Processing: Industrial Enzymes Market, by Region, 2024-2029 (USD Million)
10.2.2 Dairy Products
10.2.2.1 Increasing Use of Enzymes for Cheese Production and Flavoring
Table 75 Dairy Products: Industrial Enzymes Market, by Region, 2020-2023 (USD Million)
Table 76 Dairy Products: Industrial Enzymes Market, by Region, 2024-2029 (USD Million)
10.2.3 Beverages
10.2.3.1 Increasing Use of Enzymes to Improve Yield and Quality
Table 77 Beverages: Industrial Enzymes Market, by Region, 2020-2023 (USD Million)
Table 78 Beverages: Industrial Enzymes Market, by Region, 2024-2029 (USD Million)
10.2.4 Bakery & Confectionery Products
10.2.4.1 Growing Use of Enzymes to Increase Shelf-Life
Table 79 Enzymes Used in Bakery Products
Table 80 Bakery & Confectionery Products: Industrial Enzymes Market, by Region, 2020-2023 (USD Million)
Table 81 Bakery & Confectionery Products: Industrial Enzymes Market, by Region, 2024-2029 (USD Million)
10.2.5 Nutraceuticals
10.2.5.1 Use of Enzymes as Digestive Aid to Fuel Demand
Table 82 Nutraceuticals: Industrial Enzymes Market, by Region, 2020-2023 (USD Million)
Table 83 Nutraceuticals: Industrial Enzymes Market, by Region, 2024-2029 (USD Million)
10.2.6 Other Food & Beverages
Table 84 Other Food & Beverages: Industrial Enzymes Market, by Region, 2020-2023 (USD Million)
Table 85 Other Food & Beverages: Industrial Enzymes Market, by Region, 2024-2029 (USD Million)
10.3 Bioethanol
10.3.1 Increasing Use of Enzymes as Biological Catalysts to Drive Demand
Table 86 Bioethanol: Industrial Enzymes Market, by Region, 2020-2023 (USD Million)
Table 87 Bioethanol: Industrial Enzymes Market, by Region, 2024-2029 (USD Million)
10.4 Textiles & Leather
10.4.1 Sustainability Initiatives in Textiles & Leather to Drive Demand
Table 88 Textiles & Leather: Industrial Enzymes Market, by Region, 2020-2023 (USD Million)
Table 89 Textiles & Leather: Industrial Enzymes Market, by Region, 2024-2029 (USD Million)
10.5 Detergents
Table 90 Detergents: Industrial Enzymes Market, by Region, 2020-2023 (USD Million)
Table 91 Detergents: Industrial Enzymes Market, by Region, 2024-2029 (USD Million)
Table 92 Detergents: Industrial Enzymes Market, by Sub-Application, 2020-2023 (USD Million)
Table 93 Detergents: Industrial Enzymes Market, by Sub-Application, 2024-2029 (USD Million)
10.5.1 Laundry Detergents
10.5.1.1 Use of Enzymes Associated with Reduced Time, Energy, and Water Consumption
Table 94 Laundry Detergents: Industrial Enzymes Market, by Region, 2020-2023 (USD Million)
Table 95 Laundry Detergents: Industrial Enzymes Market, by Region, 2024-2029 (USD Million)
10.5.2 Automatic Dishwashing Detergents
10.5.2.1 Use of Enzymes to Increase User-Friendliness by Lowering Alkalinity
Table 96 Automatic Dishwashing Detergents: Industrial Enzymes Market, by Region, 2020-2023 (USD Million)
Table 97 Automatic Dishwashing Detergents: Industrial Enzymes Market, by Region, 2024-2029 (USD Million)
10.5.3 Other Detergent Types
Table 98 Other Detergent Types: Industrial Enzymes Market, by Region, 2020-2023 (USD Million)
Table 99 Other Detergent Types: Industrial Enzymes Market, by Region, 2024-2029 (USD Million)
10.6 Paper & Pulp
10.6.1 Need for Enhanced Bleaching Efficacy and Chlorine Consumption Reduction to Drive Demand
Table 100 Paper & Pulp: Industrial Enzymes Market, by Region, 2020-2023 (USD Million)
Table 101 Paper & Pulp: Industrial Enzymes Market, by Region, 2024-2029 (USD Million)
10.7 Wastewater Treatment
10.7.1 Demand for Enzymes to Break Down Organic Wastes and Enhance Water Quality
Table 102 Wastewater Treatment: Industrial Enzymes Market, by Region, 2020-2023 (USD Million)
Table 103 Wastewater Treatment: Industrial Enzymes Market, by Region, 2024-2029 (USD Million)
10.8 Feed
Table 104 Feed: Industrial Enzymes Market, by Region, 2020-2023 (USD Million)
Table 105 Feed: Industrial Enzymes Market, by Region, 2024-2029 (USD Million)
Table 106 Feed: Industrial Enzymes Market, by Sub-Application, 2020-2023 (USD Million)
Table 107 Feed: Industrial Enzymes Market, by Sub-Application, 2024-2029 (USD Million)
10.8.1 Ruminant Feed
10.8.1.1 Inclusion of Enzymes to Improve Feed Efficiency Ratio for Beef Cattle
Table 108 Ruminant Feed: Industrial Enzymes Market, by Region, 2020-2023 (USD Million)
Table 109 Ruminant Feed: Industrial Enzymes Market, by Region, 2024-2029 (USD Million)
10.8.2 Swine Feed
10.8.2.1 Use of Sow Feed Enzymes to Ensure Health of Piglets
Table 110 Swine Feed: Industrial Enzymes Market, by Region, 2020-2023 (USD Million)
Table 111 Swine Feed: Industrial Enzymes Market, by Region, 2024-2029 (USD Million)
10.8.3 Poultry Feed
10.8.3.1 Demand for Feed Enzymes to Improve Nutrient Digestibility and Improve Gut Performance in Poultry
Table 112 Poultry Feed: Industrial Enzymes Market, by Region, 2020-2023 (USD Million)
Table 113 Poultry Feed: Industrial Enzymes Market, by Region, 2024-2029 (USD Million)
10.8.4 Aquafeed
10.8.4.1 Enzymes in Fish Feed Promote Eco-Friendliness and Allow for Cheaper Feed Use
Table 114 Aquafeed: Industrial Enzymes Market, by Region, 2020-2023 (USD Million)
Table 115 Aquafeed: Industrial Enzymes Market, by Region, 2024-2029 (USD Million)
10.8.5 Other Feed
Table 116 Other Feed: Industrial Enzymes Market, by Region, 2020-2023 (USD Million)
Table 117 Other Feed: Industrial Enzymes Market, by Region, 2024-2029 (USD Million)
10.9 Soil Treatment
10.9.1 Use of Bio Enzymes to Create Opportunity for Improved Soil Stability
Table 118 Soil Treatment: Industrial Enzymes Market, by Region, 2020-2023 (USD Million)
Table 119 Soil Treatment: Industrial Enzymes Market, by Region, 2024-2029 (USD Million)
10.10 Oil Treatment
10.10.1 Need for Oil Extraction Efficiency to Boost Market
Table 120 Oil Treatment: Industrial Enzymes Market, by Region, 2020-2023 (USD Million)
Table 121 Oil Treatment: Industrial Enzymes Market, by Region, 2024-2029 (USD Million)
10.11 Other Applications
Table 122 Other Applications: Industrial Enzymes Market, by Region, 2020-2023 (USD Million)
Table 123 Other Applications: Industrial Enzymes Market, by Region, 2024-2029 (USD Million)
11 Specialty Enzymes Market, by Application
11.1 Introduction
Figure 52 Specialty Enzymes Market, by Application, 2024 vs. 2029
Table 124 Specialty Enzymes Market, by Application, 2020-2023 (USD Million)
Table 125 Specialty Enzymes Market, by Application, 2024-2029 (USD Million)
Table 126 Specialty Enzymes Market, by Application, 2020-2023 (Kilotons)
Table 127 Specialty Enzymes Market, by Application, 2024-2029 (Kilotons)
11.2 Pharmaceuticals
11.2.1 Enzymes Act as Alternatives to Traditional Antibiotics
Table 128 Pharmaceuticals: Specialty Enzymes Market, by Region, 2020-2023 (USD Million)
Table 129 Pharmaceuticals: Specialty Enzymes Market, by Region, 2024-2029 (USD Million)
11.3 Research & Biotechnology
11.3.1 Use of Enzymes in DNA Sequencing to Reduce Cost of Sequencing Techniques
Table 130 Research & Biotechnology: Specialty Enzymes Market, by Region, 2020-2023 (USD Million)
Table 131 Research & Biotechnology: Specialty Enzymes Market, by Region, 2024-2029 (USD Million)
11.4 Diagnostics
11.4.1 Growing Interest from Pharmaceutical Companies in Developing Rapid Diagnostic Tests to Boost Demand
Table 132 Diagnostics: Specialty Enzymes Market, by Region, 2020-2023 (USD Million)
Table 133 Diagnostics: Specialty Enzymes Market, by Region, 2024-2029 (USD Million)
11.5 Biocatalysts
11.5.1 Biocatalysis to Drive Demand for Enzymes in Waste Material Treatment
Table 134 Biocatalysts: Specialty Enzymes Market, by Region, 2020-2023 (USD Million)
Table 135 Biocatalysts: Specialty Enzymes Market, by Region, 2024-2029 (USD Million)
12 Enzymes Market, by Reaction Type
12.1 Introduction
12.2 Hydrolases
Table 136 Types of Hydrolases and Their Functions
12.3 Oxidoreductases
12.4 Transferases
12.5 Lyases
12.5.1 Application and Demand
12.6 Other Reaction Types
13 Enzymes Market, by Region
13.1 Introduction
Figure 53 Asia-Pacific to Record Fastest Growth During Forecast Period
Table 137 Enzymes Market, by Region, 2020-2023 (USD Million)
Table 138 Enzymes Market, by Region, 2024-2029 (USD Million)
13.2 North America
Figure 54 North America: Enzymes Market Snapshot
13.2.1 North America: Recession Impact Analysis
Figure 55 North America: Inflation Rates, by Key Country, 2018-2022
Figure 56 North America: Recession Impact Analysis, 2023
Table 139 North America: Enzymes Market, by Country, 2020-2023 (USD Million)
Table 140 North America: Enzymes Market, by Country, 2024-2029 (USD Million)
Table 141 North America: Enzymes Market, by Product Type, 2020-2023 (USD Million)
Table 142 North America: Enzymes Market, by Product Type, 2024-2029 (USD Million)
Table 143 North America: Industrial Enzymes Market, by Country, 2020-2023 (USD Million)
Table 144 North America: Industrial Enzymes Market, by Country, 2024-2029 (USD Million)
Table 145 North America: Specialty Enzymes Market, by Country, 2020-2023 (USD Million)
Table 146 North America: Specialty Enzymes Market, by Country, 2024-2029 (USD Million)
Table 147 North America: Enzymes Market, by Type, 2020-2023 (USD Million)
Table 148 North America: Enzymes Market, by Type, 2024-2029 (USD Million)
Table 149 North America: Carbohydrase Enzymes Market, by Subtype, 2020-2023 (USD Million)
Table 150 North America: Carbohydrase Enzymes Market, by Subtype, 2024-2029 (USD Million)
Table 151 North America: Enzymes Market, by Source, 2020-2023 (USD Million)
Table 152 North America: Enzymes Market, by Source, 2024-2029 (USD Million)
Table 153 North America: Industrial Enzymes Market, by Application, 2020-2023 (USD Million)
Table 154 North America: Industrial Enzymes Market, by Application, 2024-2029 (USD Million)
Table 155 North America: Food & Beverage Industrial Enzymes Market, by Sub-Application, 2020-2023 (USD Million)
Table 156 North America: Food & Beverage Industrial Enzymes Market, by Sub-Application, 2024-2029 (USD Million)
Table 157 North America: Detergent Industrial Enzymes Market, by Sub-Application, 2020-2023 (USD Million)
Table 158 North America: Detergent Industrial Enzymes Market, by Sub-Application, 2024-2029 (USD Million)
Table 159 North America: Feed Industrial Enzymes Market, by Sub-Application, 2020-2023 (USD Million)
Table 160 North America: Feed Industrial Enzymes Market, by Sub-Application, 2024-2029 (USD Million)
Table 161 North America: Specialty Enzymes Market, by Application, 2020-2023 (USD Million)
Table 162 North America: Specialty Enzymes Market, by Application, 2024-2029 (USD Million)
13.2.2 US
13.2.2.1 Increased Production of Bioethanol to Drive Market
Table 163 US: Industrial Enzymes Market, by Application, 2020-2023 (USD Million)
Table 164 US: Industrial Enzymes Market, by Application, 2024-2029 (USD Million)
Table 165 US: Specialty Enzymes Market, by Application, 2020-2023 (USD Million)
Table 166 US: Specialty Enzymes Market, by Application, 2024-2029 (USD Million)
13.2.3 Canada
13.2.3.1 Increasing Use of Enzymes as Meat Tenderizers and Feed Additives to Drive Market
Table 167 Canada: Industrial Enzymes Market, by Application, 2020-2023 (USD Million)
Table 168 Canada: Industrial Enzymes Market, by Application, 2024-2029 (USD Million)
Table 169 Canada: Specialty Enzymes Market, by Application, 2020-2023 (USD Million)
Table 170 Canada: Specialty Enzymes Market, by Application, 2024-2029 (USD Million)
13.2.4 Mexico
13.2.4.1 Rise of Textile Industry to Drive Market
Table 171 Mexico: Industrial Enzymes Market, by Application, 2020-2023 (USD Million)
Table 172 Mexico: Industrial Enzymes Market, by Application, 2024-2029 (USD Million)
Table 173 Mexico: Specialty Enzymes Market, by Application, 2020-2023 (USD Million)
Table 174 Mexico: Specialty Enzymes Market, by Application, 2024-2029 (USD Million)
13.3 Europe
13.3.1 Europe: Recession Impact Analysis
Figure 57 Europe: Inflation Rates, by Key Country, 2018-2022
Figure 58 Europe: Recession Impact Analysis, 2023
Table 175 Europe: Enzymes Market, by Country, 2020-2023 (USD Million)
Table 176 Europe: Enzymes Market, by Country, 2024-2029 (USD Million)
Table 177 Europe: Industrial Enzymes Market, by Country, 2020-2023 (USD Million)
Table 178 Europe: Industrial Enzymes Market, by Country, 2024-2029 (USD Million)
Table 179 Europe: Specialty Enzymes Market, by Country, 2020-2023 (USD Million)
Table 180 Europe: Specialty Enzymes Market, by Country, 2024-2029 (USD Million)
Table 181 Europe: Enzymes Market, by Product Type, 2020-2023 (USD Million)
Table 182 Europe: Enzymes Market, by Product Type, 2024-2029 (USD Million)
Table 183 Europe: Enzymes Market, by Type, 2020-2023 (USD Million)
Table 184 Europe: Enzymes Market, by Type, 2024-2029 (USD Million)
Table 185 Europe: Carbohydrase Enzymes Market, by Subtype, 2020-2023 (USD Million)
Table 186 Europe: Carbohydrase Enzymes Market, by Subtype, 2024-2029 (USD Million)
Table 187 Europe: Enzymes Market, by Source, 2020-2023 (USD Million)
Table 188 Europe: Enzymes Market, by Source, 2024-2029 (USD Million)
Table 189 Europe: Industrial Enzymes Market, by Application, 2020-2023 (USD Million)
Table 190 Europe: Industrial Enzymes Market, by Application, 2024-2029 (USD Million)
Table 191 Europe: Food & Beverage Industrial Enzymes Market, by Sub-Application, 2020-2023 (USD Million)
Table 192 Europe: Food & Beverage Industrial Enzymes Market, by Sub-Application, 2024-2029 (USD Million)
Table 193 Europe: Detergent Industrial Enzymes Market, by Sub-Application, 2020-2023 (USD Million)
Table 194 Europe: Detergent Industrial Enzymes Market, by Sub-Application, 2024-2029 (USD Million)
Table 195 Europe: Feed Industrial Enzymes Market, by Sub-Application, 2020-2023 (USD Million)
Table 196 Europe: Feed Industrial Enzymes Market, by Sub-Application, 2024-2029 (USD Million)
Table 197 Europe: Specialty Enzymes Market, by Application, 2020-2023 (USD Million)
Table 198 Europe: Specialty Enzymes Market, by Application, 2024-2029 (USD Million)
13.3.2 Italy
13.3.2.1 Multifunctionality of Enzymes in Various Application Sectors to Fuel Demand
Table 199 Italy: Industrial Enzymes Market, by Application, 2020-2023 (USD Million)
Table 200 Italy: Industrial Enzymes Market, by Application, 2024-2029 (USD Million)
Table 201 Italy: Specialty Enzymes Market, by Application, 2020-2023 (USD Million)
Table 202 Italy: Specialty Enzymes Market, by Application, 2024-2029 (USD Million)
13.3.3 Germany
13.3.3.1 Rising Biofuel Consumption for Transportation to Drive Market
Table 203 Germany: Industrial Enzymes Market, by Application, 2020-2023 (USD Million)
Table 204 Germany: Industrial Enzymes Market, by Application, 2024-2029 (USD Million)
Table 205 Germany: Specialty Enzymes Market, by Application, 2020-2023 (USD Million)
Table 206 Germany: Specialty Enzymes Market, by Application, 2024-2029 (USD Million)
13.3.4 France
13.3.4.1 Government Investments for Technological Advancements in Biofuel Production to Drive Market
Table 207 France: Industrial Enzymes Market, by Application, 2020-2023 (USD Million)
Table 208 France: Industrial Enzymes Market, by Application, 2024-2029 (USD Million)
Table 209 France: Specialty Enzymes Market, by Application, 2020-2023 (USD Million)
Table 210 France: Specialty Enzymes Market, by Application, 2024-2029 (USD Million)
13.3.5 Spain
13.3.5.1 Rising Demand for Meat and Meat Products to Drive Market
Table 211 Spain: Industrial Enzymes Market, by Application, 2020-2023 (USD Million)
Table 212 Spain: Industrial Enzymes Market, by Application, 2024-2029 (USD Million)
Table 213 Spain: Specialty Enzymes Market, by Application, 2020-2023 (USD Million)
Table 214 Spain: Specialty Enzymes Market, by Application, 2024-2029 (USD Million)
13.3.6 UK
13.3.6.1 Government Initiatives to Reduce Carbon Emissions and Produce Fuel from Renewable Sources to Boost Market
Table 215 UK: Industrial Enzymes Market, by Application, 2020-2023 (USD Million)
Table 216 UK: Industrial Enzymes Market, by Application, 2024-2029 (USD Million)
Table 217 UK: Specialty Enzymes Market, by Application, 2020-2023 (USD Million)
Table 218 UK: Specialty Enzymes Market, by Application, 2024-2029 (USD Million)
13.3.7 Denmark
13.3.7.1 Growing Exports of Enzymes to Drive Market
Table 219 Denmark: Industrial Enzymes Market, by Application, 2020-2023 (USD Million)
Table 220 Denmark: Industrial Enzymes Market, by Application, 2024-2029 (USD Million)
Table 221 Denmark: Specialty Enzymes Market, by Application, 2020-2023 (USD Million)
Table 222 Denmark: Specialty Enzymes Market, by Application, 2024-2029 (USD Million)
13.3.8 Netherlands
13.3.8.1 Rising Demand for Processed Food to Drive Market
Table 223 Netherlands: Industrial Enzymes Market, by Application, 2020-2023 (USD Million)
Table 224 Netherlands: Industrial Enzymes Market, by Application, 2024-2029 (USD Million)
Table 225 Netherlands: Specialty Enzymes Market, by Application, 2020-2023 (USD Million)
Table 226 Netherlands: Specialty Enzymes Market, by Application, 2024-2029 (USD Million)
13.3.9 Rest of Europe
Table 227 Rest of Europe: Industrial Enzymes Market, by Application, 2020-2023 (USD Million)
Table 228 Rest of Europe: Industrial Enzymes Market, by Application, 2024-2029 (USD Million)
Table 229 Rest of Europe: Specialty Enzymes Market, by Application, 2020-2023 (USD Million)
Table 230 Rest of Europe: Specialty Enzymes Market, by Application, 2024-2029 (USD Million)
13.4 Asia-Pacific
Figure 59 Asia-Pacific: Enzymes Market Snapshot
13.4.1 Asia-Pacific: Recession Impact Analysis
Figure 60 Asia-Pacific: Inflation Rates, by Key Country, 2018-2022
Figure 61 Asia-Pacific: Recession Impact Analysis, 2023
Table 231 Asia-Pacific: Enzymes Market, by Country, 2020-2023 (USD Million)
Table 232 Asia-Pacific: Enzymes Market, by Country, 2024-2029 (USD Million)
Table 233 Asia-Pacific: Industrial Enzymes Market, by Country, 2020-2023 (USD Million)
Table 234 Asia-Pacific: Industrial Enzymes Market, by Country, 2024-2029 (USD Million)
Table 235 Asia-Pacific: Specialty Enzymes Market, by Country, 2020-2023 (USD Million)
Table 236 Asia-Pacific: Specialty Enzymes Market, by Country, 2024-2029 (USD Million)
Table 237 Asia-Pacific: Enzymes Market, by Product Type, 2020-2023 (USD Million)
Table 238 Asia-Pacific: Enzymes Market, by Product Type, 2024-2029 (USD Million)
Table 239 Asia-Pacific: Enzymes Market, by Type, 2020-2023 (USD Million)
Table 240 Asia-Pacific: Enzymes Market, by Type, 2024-2029 (USD Million)
Table 241 Asia-Pacific: Carbohydrase Enzymes Market, by Subtype, 2020-2023 (USD Million)
Table 242 Asia-Pacific: Carbohydrase Enzymes Market, by Subtype, 2024-2029 (USD Million)
Table 243 Asia-Pacific: Enzymes Market, by Source, 2020-2023 (USD Million)
Table 244 Asia-Pacific: Enzymes Market, by Source, 2024-2029 (USD Million)
Table 245 Asia-Pacific: Industrial Enzymes Market, by Application, 2020-2023 (USD Million)
Table 246 Asia-Pacific: Industrial Enzymes Market, by Application, 2024-2029 (USD Million)
Table 247 Asia-Pacific: Food & Beverage Industrial Enzymes Market, by Sub-Application, 2020-2023 (USD Million)
Table 248 Asia-Pacific: Food & Beverage Industrial Enzymes Market, by Sub-Application, 2024-2029 (USD Million)
Table 249 Asia-Pacific: Detergent Industrial Enzymes Market, by Sub-Application, 2020-2023 (USD Million)
Table 250 Asia-Pacific: Detergent Industrial Enzymes Market, by Sub-Application, 2024-2029 (USD Million)
Table 251 Asia-Pacific: Feed Industrial Enzymes Market, by Sub-Application, 2020-2023 (USD Million)
Table 252 Asia-Pacific: Feed Industrial Enzymes Market, by Sub-Application, 2024-2029 (USD Million)
Table 253 Asia-Pacific: Specialty Enzymes Market, by Application, 2020-2023 (USD Million)
Table 254 Asia-Pacific: Specialty Enzymes Market, by Application, 2024-2029 (USD Million)
13.4.2 China
13.4.2.1 Shift of Manufacturing Operations from Europe and North America to China to Drive Market
Table 255 China: Industrial Enzymes Market, by Application, 2020-2023 (USD Million)
Table 256 China: Industrial Enzymes Market, by Application, 2024-2029 (USD Million)
Table 257 China: Specialty Enzymes Market, by Application, 2020-2023 (USD Million)
Table 258 China: Specialty Enzymes Market, by Application, 2024-2029 (USD Million)
13.4.3 India
13.4.3.1 Rising Trend of Industrialization in Animal Husbandry to Drive Demand for Feed Enzymes
Table 259 India: Industrial Enzymes Market, by Application, 2020-2023 (USD Million)
Table 260 India: Industrial Enzymes Market, by Application, 2024-2029 (USD Million)
Table 261 India: Specialty Enzymes Market, by Application, 2020-2023 (USD Million)
Table 262 India: Specialty Enzymes Market, by Application, 2024-2029 (USD Million)
13.4.4 Japan
13.4.4.1 Focus on Expanding Apparel & Home Textile Chemical Businesses to Drive Market
Table 263 Japan: Industrial Enzymes Market, by Application, 2020-2023 (USD Million)
Table 264 Japan: Industrial Enzymes Market, by Application, 2024-2029 (USD Million)
Table 265 Japan: Specialty Enzymes Market, by Application, 2020-2023 (USD Million)
Table 266 Japan: Specialty Enzymes Market, by Application, 2024-2029 (USD Million)
13.4.5 South Korea
13.4.5.1 Increased Application of Naturally Derived Enzymes in Skin Care Products to Drive Market
Table 267 South Korea: Industrial Enzymes Market, by Application, 2020-2023 (USD Million)
Table 268 South Korea: Industrial Enzymes Market, by Application, 2024-2029 (USD Million)
Table 269 South Korea: Specialty Enzymes Market, by Application, 2020-2023 (USD Million)
Table 270 South Korea: Specialty Enzymes Market, by Application, 2024-2029 (USD Million)
13.4.6 Australia & New Zealand
13.4.6.1 Government Initiatives and Policies on Ethanol Biofuel Production and Use to Drive Market
Table 271 Australia & New Zealand: Industrial Enzymes Market, by Application, 2020-2023 (USD Million)
Table 272 Australia & New Zealand: Industrial Enzymes Market, by Application, 2024-2029 (USD Million)
Table 273 Australia & New Zealand: Specialty Enzymes Market, by Application, 2020-2023 (USD Million)
Table 274 Australia & New Zealand: Specialty Enzymes Market, by Application, 2024-2029 (USD Million)
13.4.7 Rest of Asia-Pacific
Table 275 Rest of Asia-Pacific: Industrial Enzymes Market, by Application, 2020-2023 (USD Million)
Table 276 Rest of Asia-Pacific: Industrial Enzymes Market, by Application, 2024-2029 (USD Million)
Table 277 Rest of Asia-Pacific: Specialty Enzymes Market, by Application, 2020-2023 (USD Million)
Table 278 Rest of Asia-Pacific: Specialty Enzymes Market, by Application, 2024-2029 (USD Million)
13.5 South America
13.5.1 South America: Recession Impact Analysis
Figure 62 South America: Inflation Rates, by Key Country, 2017-2022
Figure 63 South America: Recession Impact Analysis, 2023
Table 279 South America: Enzymes Market, by Country, 2020-2023 (USD Million)
Table 280 South America: Enzymes Market, by Country, 2024-2029 (USD Million)
Table 281 South America: Industrial Enzymes Market, by Country, 2020-2023 (USD Million)
Table 282 South America: Industrial Enzymes Market, by Country, 2024-2029 (USD Million)
Table 283 South America: Specialty Enzymes Market, by Country, 2020-2023 (USD Million)
Table 284 South America: Specialty Enzymes Market, by Country, 2024-2029 (USD Million)
Table 285 South America: Enzymes Market, by Product Type, 2020-2023 (USD Million)
Table 286 South America: Enzymes Market, by Product Type, 2024-2029 (USD Million)
Table 287 South America: Enzymes Market, by Type, 2020-2023 (USD Million)
Table 288 South America: Enzymes Market, by Type, 2024-2029 (USD Million)
Table 289 South America: Carbohydrase Enzymes Market, by Subtype, 2020-2023 (USD Million)
Table 290 South America: Carbohydrase Enzymes Market, by Subtype, 2024-2029 (USD Million)
Table 291 South America: Enzymes Market, by Source, 2020-2023 (USD Million)
Table 292 South America: Enzymes Market, by Source, 2024-2029 (USD Million)
Table 293 South America: Industrial Enzymes Market, by Application, 2020-2023 (USD Million)
Table 294 South America: Industrial Enzymes Market, by Application, 2024-2029 (USD Million)
Table 295 South America: Food & Beverage Industrial Enzymes Market, by Sub-Application, 2020-2023 (USD Million)
Table 296 South America: Food & Beverage Industrial Enzymes Market, by Sub-Application, 2024-2029 (USD Million)
Table 297 South America: Detergent Industrial Enzymes Market, by Sub-Application, 2020-2023 (USD Million)
Table 298 South America: Detergent Industrial Enzymes Market, by Sub-Application, 2024-2029 (USD Million)
Table 299 South America: Feed Industrial Enzymes Market, by Sub-Application, 2020-2023 (USD Million)
Table 300 South America: Feed Industrial Enzymes Market, by Sub-Application, 2024-2029 (USD Million)
Table 301 South America: Specialty Enzymes Market, by Application, 2020-2023 (USD Million)
Table 302 South America: Specialty Enzymes Market, by Application, 2024-2029 (USD Million)
13.5.2 Brazil
13.5.2.1 Growing Research and Advancement in Starch Processing Technology to Reduce Cost to Boost Market
Table 303 Brazil: Industrial Enzymes Market, by Application, 2020-2023 (USD Million)
Table 304 Brazil: Industrial Enzymes Market, by Application, 2024-2029 (USD Million)
Table 305 Brazil: Specialty Enzymes Market, by Application, 2020-2023 (USD Million)
Table 306 Brazil: Specialty Enzymes Market, by Application, 2024-2029 (USD Million)
13.5.3 Argentina
13.5.3.1 Increasing Use of Starch Processing and Advancements in Meat Processing and Dairy Industries to Drive Market
Table 307 Argentina: Industrial Enzymes Market, by Application, 2020-2023 (USD Million)
Table 308 Argentina: Industrial Enzymes Market, by Application, 2024-2029 (USD Million)
Table 309 Argentina: Specialty Enzymes Market, by Application, 2020-2023 (USD Million)
Table 310 Argentina: Specialty Enzymes Market, by Application, 2024-2029 (USD Million)
13.5.4 Rest of South America
Table 311 Rest of South America: Industrial Enzymes Market, by Application, 2020-2023 (USD Million)
Table 312 Rest of South America: Industrial Enzymes Market, by Application, 2024-2029 (USD Million)
Table 313 Rest of South America: Specialty Enzymes Market, by Application, 2020-2023 (USD Million)
Table 314 Rest of South America: Specialty Enzymes Market, by Application, 2024-2029 (USD Million)
13.6 Rest of the World
13.6.1 Rest of the World: Recession Impact Analysis
Figure 64 Rest of the World: Inflation Rates, by Key Country, 2017-2022
Figure 65 Rest of the World: Recession Impact Analysis, 2023
Table 315 Rest of the World: Enzymes Market, by Country, 2020-2023 (USD Million)
Table 316 Rest of the World: Enzymes Market, by Country, 2024-2029 (USD Million)
Table 317 Rest of the World: Industrial Enzymes Market, by Country, 2020-2023 (USD Million)
Table 318 Rest of the World: Industrial Enzymes Market, by Country, 2024-2029 (USD Million)
Table 319 Rest of the World: Specialty Enzymes Market, by Country, 2020-2023 (USD Million)
Table 320 Rest of the World: Specialty Enzymes Market, by Country, 2024-2029 (USD Million)
Table 321 Rest of the World: Enzymes Market, by Product Type, 2020-2023 (USD Million)
Table 322 Rest of the World: Enzymes Market, by Product Type, 2024-2029 (USD Million)
Table 323 Rest of the World: Enzymes Market, by Type, 2020-2023 (USD Million)
Table 324 Rest of the World: Enzymes Market, by Type, 2024-2029 (USD Million)
Table 325 Rest of the World: Carbohydrase Enzymes Market, by Subtype, 2020-2023 (USD Million)
Table 326 Rest of the World: Carbohydrase Enzymes Market, by Subtype, 2024-2029 (USD Million)
Table 327 Rest of the World: Enzymes Market, by Source, 2020-2023 (USD Million)
Table 328 Rest of the World: Enzymes Market, by Source, 2024-2029 (USD Million)
Table 329 Rest of the World: Industrial Enzymes Market, by Application, 2020-2023 (USD Million)
Table 330 Rest of the World: Industrial Enzymes Market, by Application, 2024-2029 (USD Million)
Table 331 Rest of the World: Food & Beverage Industrial Enzymes Market, by Sub-Application, 2020-2023 (USD Million)
Table 332 Rest of the World: Food & Beverage Industrial Enzymes Market, by Sub-Application, 2024-2029 (USD Million)
Table 333 Rest of the World: Detergent Industrial Enzymes Market, by Sub-Application, 2020-2023 (USD Million)
Table 334 Rest of the World: Detergent Industrial Enzymes Market, by Sub-Application, 2024-2029 (USD Million)
Table 335 Rest of the World: Feed Industrial Enzymes Market, by Sub-Application, 2020-2023 (USD Million)
Table 336 Rest of the World: Feed Industrial Enzymes Market, by Sub-Application, 2024-2029 (USD Million)
Table 337 Rest of the World: Specialty Enzymes Market, by Application, 2020-2023 (USD Million)
Table 338 Rest of the World: Specialty Enzymes Market, by Application, 2024-2029 (USD Million)
13.6.2 Middle East
13.6.2.1 Growing Demand for Food Enzymes to Prevent and Recycle Food Waste to Drive Market
Table 339 Middle East: Industrial Enzymes Market, by Application, 2020-2023 (USD Million)
Table 340 Middle East: Industrial Enzymes Market, by Application, 2024-2029 (USD Million)
Table 341 Middle East: Specialty Enzymes Market, by Application, 2020-2023 (USD Million)
Table 342 Middle East: Specialty Enzymes Market, by Application, 2024-2029 (USD Million)
13.6.3 Africa
13.6.3.1 Approval of Biofuels Regulatory Framework and Growth of Paper and Pulp Industry to Drive Market
Table 343 Africa: Industrial Enzymes Market, by Application, 2020-2023 (USD Million)
Table 344 Africa: Industrial Enzymes Market, by Application, 2024-2029 (USD Million)
Table 345 Africa: Specialty Enzymes Market, by Application, 2020-2023 (USD Million)
Table 346 Africa: Specialty Enzymes Market, by Application, 2024-2029 (USD Million)
14 Competitive Landscape
14.1 Overview
14.2 Key Player Strategies/Right to Win
Table 347 Strategies Adopted by Key Players in Enzymes Market
14.3 Revenue Analysis
Figure 66 Revenue Analysis of Key Market Players, 2020-2023 (USD Billion)
14.4 Market Share Analysis, 2023
Figure 67 Enzymes Market: Degree of Competition (Consolidated)
14.5 Company Valuation and Financial Metrics
Figure 68 Company Valuation
Figure 69 Financial Metrics
14.6 Brand/Product Comparison
Figure 70 Enzymes Market: Brand/Product Comparison
14.7 Company Evaluation Matrix: Key Players
14.7.1 Stars
14.7.2 Emerging Leaders
14.7.3 Pervasive Players
14.7.4 Participants
Figure 71 Enzymes Market: Company Evaluation Matrix for Key Players, 2023
14.7.5 Company Footprint: Key Players
Figure 72 Enzymes Market: Company Footprint for Key Players, 2023
Table 348 Enzymes Market: Region Footprint for Key Players, 2023
Table 349 Enzymes Market: Product Type Footprint for Key Players, 2023
Table 350 Industrial Enzymes Market: Application Footprint for Key Players, 2023
Table 351 Specialty Enzymes Market: Application Footprint for Key Players, 2023
14.8 Company Evaluation Matrix: Start-Ups/SMEs
14.8.1 Progressive Companies
14.8.2 Responsive Companies
14.8.3 Dynamic Companies
14.8.4 Starting Blocks
Figure 73 Enzymes Market: Company Evaluation Matrix for Start-Ups/SMEs, 2023
14.8.5 Competitive Benchmarking: Start-Ups/SMEs
14.8.5.1 Detailed List of Key Start-Ups/SMEs
Table 352 Enzymes Market: Key Start-Ups/SMEs, 2023
14.8.5.2 Competitive Benchmarking of Key Start-Ups/SMEs
Table 353 Enzymes Market: Competitive Benchmarking of Key Start-Ups/SMEs (Part 1)
Table 354 Enzymes Market: Competitive Benchmarking of Key Start-Ups/SMEs (Part 2)
14.9 Competitive Scenario and Trends
14.9.1 Product Launches
Table 355 Enzymes Market: Product Launches, January 2019-May 2024
14.9.2 Deals
Table 356 Enzymes Market: Deals, January 2019-May 2024
14.9.3 Expansions
Table 357 Enzymes Market: Expansions, January 2019-May 2024
14.9.4 Others
Table 358 Enzymes Market: Others, January 2019-May 2024
15 Company Profiles
(Business Overview, Products/Solutions/Services Offered, Recent Developments, and Analyst's View (Key Strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
15.1 Key Players
15.1.1 BASF SE
Table 359 BASF SE: Company Overview
Figure 74 BASF SE: Company Snapshot
Table 360 BASF SE: Products/Solutions/Services Offered
Table 361 BASF SE: Product Launches
Table 362 BASF SE: Deals
Table 363 BASF SE: Others
15.1.2 International Flavors & Fragrances Inc.
Table 364 International Flavors & Fragrances Inc.: Company Overview
Figure 75 International Flavors & Fragrances Inc.: Company Snapshot
Table 365 International Flavors & Fragrances Inc.: Products/Solutions/Services Offered
Table 366 International Flavors & Fragrances Inc.: Product Launches
Table 367 International Flavors & Fragrances Inc.: Deals
15.1.3 Associated British Foods PLC
Table 368 Associated British Foods PLC: Company Overview
Figure 76 Associated British Foods PLC: Company Snapshot
Table 369 Associated British Foods PLC: Products/Solutions/Services Offered
Table 370 Associated British Foods PLC: Product Launches
Table 371 Associated British Foods PLC: Deals
15.1.4 DSM-Firmenich
Table 372 DSM-Firmenich: Company Overview
Figure 77 DSM-Firmenich: Company Snapshot
Table 373 DSM-Firmenich: Products/Solutions/Services Offered
Table 374 DSM-Firmenich: Product Launches
15.1.5 Novozymes A/S
Table 375 Novozymes A/S: Company Overview
Figure 78 Novozymes A/S: Company Snapshot
Table 376 Novozymes A/S: Products/Solutions/Services Offered
Table 377 Novozymes A/S: Product Launches
Table 378 Novozymes A/S: Deals
Table 379 Novozymes A/S: Others
15.1.6 Kerry Group PLC
Table 380 Kerry Group PLC: Company Overview
Figure 79 Kerry Group PLC: Company Snapshot
Table 381 Kerry Group PLC: Products/Solutions/Services Offered
Table 382 Kerry Group PLC: Product Launches
Table 383 Kerry Group PLC: Deals
Table 384 Kerry Group PLC: Others
15.1.7 Dyadic International Inc.
Table 385 Dyadic International Inc.: Company Overview
Figure 80 Dyadic International Inc.: Company Snapshot
Table 386 Dyadic International Inc.: Products/Solutions/Services Offered
Table 387 Dyadic International Inc.: Deals
15.1.8 Advanced Enzyme Technologies
Table 388 Advanced Enzyme Technologies: Company Overview
Figure 81 Advanced Enzyme Technologies: Company Snapshot
Table 389 Advanced Enzyme Technologies: Products/Solutions/Services Offered
Table 390 Advanced Enzyme Technologies: Deals
15.1.9 Aumgene Biosciences
Table 391 Aumgene Biosciences: Company Overview
Table 392 Aumgene Biosciences: Products/Solutions/Services Offered
15.1.10 Amano Enzyme Inc.
Table 393 Amano Enzyme Inc.: Company Overview
Table 394 Amano Enzyme Inc.: Products/Solutions/Services Offered
Table 395 Amano Enzyme Inc.: Product Launches
Table 396 Amano Enzyme Inc.: Deals
Table 397 Amano Enzyme Inc.: Others
15.1.11 F. Hoffmann-La Roche Ltd
Table 398 F. Hoffmann-La Roche Ltd.: Company Overview
Figure 82 F. Hoffmann-La Roche Ltd.: Company Snapshot
Table 399 F. Hoffmann-La Roche Ltd.: Products/Solutions/Services Offered
Table 400 F. Hoffmann-La Roche Ltd.: Deals
15.1.12 Codexis, Inc.
Table 401 Codexis, Inc.: Company Overview
Figure 83 Codexis, Inc.: Company Snapshot
Table 402 Codexis, Inc.: Products/Solutions/Services Offered
Table 403 Codexis, Inc.: Product Launches
Table 404 Codexis, Inc.: Deals
15.1.13 Sanofi
Table 405 Sanofi: Company Overview
Figure 84 Sanofi: Company Snapshot
Table 406 Sanofi: Products/Solutions/Services Offered
Table 407 Sanofi: Deals
15.1.14 Merck KGaA
Table 408 Merck KGaA: Company Overview
Figure 85 Merck KGaA: Company Snapshot
Table 409 Merck KGaA: Products/Solutions/Services Offered
Table 410 Merck KGaA: Deals
Table 411 Merck KGaA: Others
15.1.15 Adisseo
Table 412 Adisseo: Company Overview
Figure 86 Adisseo: Company Snapshot
Table 413 Adisseo: Products/Solutions/Services Offered
Table 414 Adisseo: Product Launches
15.2 Other Players
15.2.1 Lesaffre Corporation
Table 415 Lesaffre Corporation: Company Overview
Table 416 Lesaffre Corporation: Products/Solutions/Services Offered
15.2.2 Creative Enzymes
Table 417 Creative Enzymes: Company Overview
Table 418 Creative Enzymes: Products/Solutions/Services Offered
Table 419 Creative Enzymes: Product Launches
15.2.3 Enzyme Solutions
Table 420 Enzyme Solutions: Company Overview
Table 421 Enzyme Solutions: Products/Solutions/Services Offered
15.2.4 Enzymatic Deinking Technologies, LLC
Table 422 Enzymatic Deinking Technologies, LLC: Company Overview
Table 423 Enzymatic Deinking Technologies, LLC: Products/Solutions/Services Offered
15.2.5 Tex Biosciences (P) Ltd.
Table 424 Tex Biosciences (P) Ltd.: Company Overview
Table 425 Tex Biosciences (P) Ltd.: Products/Solutions/Services Offered
15.2.6 Denykem
15.2.7 Metgen
15.2.8 Biovet SA
15.2.9 Biocatalysts
15.2.10 Alltech
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, and Analyst's View (Key Strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) Might Not be Captured in Case of Unlisted Companies
16 Adjacent and Related Markets
16.1 Introduction
Table 426 Adjacent Markets to Enzymes Market
16.2 Limitations
16.3 Industrial Enzymes Market
16.3.1 Market Definition
16.3.2 Market Overview
Table 427 Industrial Enzymes Market, by Application, 2019-2022 (USD Million)
Table 428 Industrial Enzymes Market, by Application, 2023-2028 (USD Million)
Table 429 Food & Beverages: Industrial Enzymes Market, by Sub-Application, 2019-2022 (USD Million)
Table 430 Food & Beverages: Industrial Enzymes Market, by Sub-Application, 2023-2028 (USD Million)
16.4 Food Enzymes Market
16.4.1 Market Definition
16.4.2 Market Overview
16.4.3 Food Enzymes Market, by Application
Table 431 Food Enzymes Market, by Type, 2016-2020 (USD Million)
Table 432 Food Enzymes Market, by Type, 2021-2026 (USD Million)
Table 433 Food Enzymes Market, by Type, 2016-2020 (Tons)
Table 434 Food Enzymes Market, by Type, 2021-2026 (Tons)
16.4.4 Food Enzymes Market, by Region
16.4.4.1 Introduction
Table 435 Food Enzymes Market, by Region, 2016-2020 (USD Million)
Table 436 Food Enzymes Market, by Region, 2021-2026 (USD Million)
16.5 Feed Enzymes Market
16.5.1 Market Definition
16.5.2 Market Overview
Table 437 Feed Enzymes Market, by Region, 2016-2019 (USD Million)
Table 438 Feed Enzymes Market, by Region, 2020-2025 (USD Million)
17 Appendix
17.1 Discussion Guide
17.2 Knowledgestore: The Subscription Portal
17.3 Customization Options

Companies Mentioned

  • BASF SE
  • International Flavors & Fragrances Inc.
  • Associated British Foods PLC
  • DSM-Firmenich
  • Novozymes A/S
  • Kerry Group PLC
  • Dyadic International Inc.
  • Advanced Enzyme Technologies
  • Aumgene Biosciences
  • Amano Enzyme Inc.
  • F. Hoffmann-La Roche Ltd
  • Codexis, Inc.
  • Sanofi
  • Merck KGaA
  • Adisseo
  • Lesaffre Corporation
  • Creative Enzymes
  • Enzyme Solutions
  • Enzymatic Deinking Technologies, LLC
  • Tex Biosciences (P) Ltd.
  • Denykem
  • Metgen
  • Biovet SA
  • Biocatalysts
  • Alltech

Table Information

Report AttributeDetails
No. of Pages412
PublishedJune 2024
Forecast Period2024 - 2029
Estimated Market Value ( USD ) in 2024 $ 14 Billion
Forecasted Market Value ( USD ) by 2029 $ 20.4 Billion
Compound Annual Growth Rate7.8%
Regions CoveredGlobal
No. of Companies Mentioned25

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