Blueweave
Global Industrial Enzymes Market

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Global Industrial Enzymes Market, By Type (Carbohydrases [Amylases, Cellulase, and Others], Proteases, Lipases, Ploymerases & Nucleases, and Others); By Source (Plants, Animals, and Micro-Organisms); By Application (Food & Beverages, Detergents, Animal Feed, Biofuels, Textiles, Pulp & Paper, and Others); By Region (North America, Europe, the Asia-Pacific, Latin America, and the Middle East & Africa) Trend Analysis, Competitive Market Share & Forecast, 2017-2027

  • Published Date: September 2021
  • Report ID: BWC21108
  • Available Format: PDF
  • Page: 200

Report Overview

Global industrial enzymes market is witnessing growth due to rising environmental concerns, increased demand for bioethanol, and developments in R&D efforts. Furthermore, the multifunctional advantages of industrial enzymes in many applications and technical advances to reduce chemical usage is likely to contribute to the market's growth throughout the forecast period.

Global Industrial Enzymes Market- Industry Trends & Forecast Report 2027

Global industrial enzymes market was worth USD 6.0 billion in 2020 and is further projected to reach USD 9.2 billion by 2027, at a CAGR of 6.8% during the forecast period (2021-2027). Rising product demand from end-use industries such as biofuel, domestic cleaning, animal feed, and food & beverage is predicted to propel industry growth throughout the forecast period. Rising demand for carbohydrase and proteases in food and beverage applications, particularly in Asia Pacific's emerging economies like China, India, and Japan, is likely to boost the market. Additionally, the nutraceutical industry and increasing industrialization are driving the demand for industrial enzymes.

Global Industrial Enzymes Market

Source: Blue Weave Consulting

Global Industrial Enzymes Market Overview

Cheese, whiskey, bread, and fruit beverages are all made with industrial enzymes. Enzymes are complex proteins that lead to the acceleration of biological reactions. Both the food & beverage industry and the cleaning agent industry use industrial enzymes heavily. Plant tissue, animal tissue, and microbes are all used for their production. Almost all industrial enzymes are produced through fermentation. In addition to increasing efficiency in manufacturing, industrial enzymes assist various businesses in securing the quality and consistency of their products. They also help the environment by using less energy, water, and raw materials and producing less waste.

Global Industrial Enzymes Market Trend

Growth Drivers

Rising Environmental Concerns and Demand for Bioethanol is Driving the Market Growth

The biofuels market is being propelled by growing awareness of the depletion of fossil fuel resources and their impact on the environment. According to the World Economic Forum, the United States generates 20% of all world fossil fuels, followed by Russia and Iran. Then there's Canada, which produces slightly less than 5% of all fossil fuels worldwide. Thus, it can be concluded that, considering the increasing use of industrial enzymes for biofuel production and the growing concern over the environment on a global level, the global industrial enzyme market is likely to grow positively over the forecast period.

Restraints

Stringent Regulatory Framework

According to the Association of Manufacturers & Formulators of Enzyme Products (AMFEP), industrial enzymes used in bioethanol, paper & pulp, and textile & leather processing must be registered under the EU REACH Regulation [Regulation 1907/2006 (for “Registration, Evaluation, and Authorization of Chemicals”)] before being manufactured or imported in the EU in quantities less than one tonne per year. The European Chemicals Agency (ECHA) is in charge of overseeing the European registration process. Before launching products on the market, manufacturers must follow certain labeling, packaging, and mixing guidelines. These guidelines provide how to assess the safety of enzymes in specific applications. Furthermore, various regulatory structures impede international trade, inhibiting the expansion of the industrial enzymes market.

Impact of COVID-19

The COVID-19 has negatively impacted the global industrial enzyme market. Following the end of the lockdown restrictions, demand for food, biological components, and cosmetics has been restored, indicating a favorable environment for the expansion of the industrial enzyme industry. However, post-pandemic, there is likely to be a significant increase in industrial enzyme consumption, which is expected to drive the market forward over the forecast period. Furthermore, to supply better quality items in the industry, competitors worldwide are focused on forming collaborations and partnerships. For instance, Carbios, a key player in the enzymes industry, has partnered with Novozymes to consolidate its patented enzyme manufacturing techniques, which are expected to play an essential role in recycling PET plastics and fibers.

Although cosmetics and food demand were high during the outbreak, the prolonged closures are expected to stifle market growth. Due to various strategies adopted by manufacturers, the market is expected to grow positively during the forecast period.
 

Global Industrial Enzymes Market: By Source

Based on source, the global industrial enzymes market is grouped into plants, animals, and microorganisms. The microorganisms segment held the largest market share in 2020 and is likely to dominate the market during the forecast period. Microbially produced industrial enzymes are less expensive to produce and more stable than enzymes derived from other sources. Moreover, they can be produced more cost-effectively using fermentation processes that require less time and space because of their high consistency and ability to break down a wide range of complex substrates into valuable energy sources. The growing acceptance of microorganisms as industrial enzyme sources among manufacturers is likely to drive the segment's growth in the global industrial enzyme market during the forecast period.

Industrial Enzymes Market

Source: BlueWeave Consulting

Global Industrial Enzymes Market: By Application

Based on applications, the global industrial enzymes market is fragmented into food & beverages, detergents, animal feed, biofuels, textiles, pulp & paper, and others. Among these, the food & beverages segment held the largest market share in 2020 and is likely to dominate the overall segment in the market during the forecast period. Food and beverage production depends on industrial enzymes. In the food processing sectors such as baking, dairy, cereal extraction, and brewing, specific enzyme products, and custom solutions are required for cheese, fruit, vegetable processing, fats, oils, grains, and protein processing. Moreover, using specialized enzyme solutions, food and beverage manufacturers can improve the quality of their end products, increase yield, optimize resources, reduce prices, reduce pollution, and reduce waste. Because of this, industrial enzymes are being used more and more in the food and beverage sector, driving growth in the global industrial enzyme market.

Global Industrial Enzymes Market: Regional Insights

Geographically, the global industrial enzymes market is categorized into North America, Europe, the Asia-Pacific, the Middle East & Africa, and Latin America. Among all the regions, North America held the largest share in the industrial enzymes market in 2020. However, Europe is the second-largest market and is likely to witness significant growth during the forecast period. Europe is a large producer of pharmaceuticals, cosmetics, and therapeutic products. Additionally, the presence of major pharmaceutical and cosmetic companies in the region, such as Novartis AG, Sanofi, Hoffmann-La Roche Ltd., GlaxoSmithKline plc., AstraZeneca, Bayer AG, Novo Nordisk A/S, Merck KgaA, Unilever, L'Oréal, New Avon Company, Beiersdorf, and Henkel AG & Co., is expected to drive industrial enzyme demand during the forecast period.

Regional Insights

Source: BlueWeave Consulting

Competitive Landscape

The industrial enzymes market is fragmented due to the presence of various domestic and international players. Additionally, the emergence of new players has resulted in healthier competition among long-established service providers in the industry. Some key players in the global industrial enzymes market are BASF SE, Novozymes, DuPont Danisco, DSM, NOVUS International, Associated British Foods Plc, Advanced Enzyme Technologies, Chr. Hansen Holding A/S, Lesaffre, Adisseo, Enzyme Development Corporation, Aumgene Biosciences, Megazyme, Enzyme Supplies, Creative Enzymes, Enzyme Solutions, Enzymatic Deinking Technologies, Biocatalysts, Sunson Industry Group, Metgen, Denykem, Tex Biosciences, and other prominent players.

 

Recent Developments

In July 2021, DSM, a company focused on Nutrition, Health and Sustainable Living, and METEX NØØVISTA, a biological chemistry company focused on developing and industrializing competitive and sustainable fermentation processes, announced that their PDO cosmetic grade has begun commercial production.

 

  • In October 2020, BASF expanded its Lavergy® enzyme product line with the development of detergent enzyme technologies. In conjunction with other quality ingredients from the BASF Home Care and I&I portfolios, Cellulase Lavergy® C Bright 100 L creates a sustainable, superior performance alternative.

Scope of the Report

Attribute

Details

Years Considered

Historical data – 2017-2020

Base Year – 2020

Forecast – 2021 – 2027

Facts Covered

Revenue in USD billion

Market Coverage

U.S, Canada, France, Germany, United Kingdom, Rest of the Europe, Japan, China, India, New Zealand, Australia, Rest of the APAC, Brazil, Mexico, Rest of the Latin America, South Africa, Saudi Arabia, UAE, and Rest of MEA.

Product/Service Segmentation

By Type, By Source, By Application, and By Region

Key Players

Key Players for the market Some of the key players include BASF SE, Novozymes, DuPont Danisco, DSM, NOVUS International, Associated British Foods Plc, Advanced Enzyme Technologies, Chr. Hansen Holding A/S, Lesaffre, Adisseo, Enzyme Development Corporation, Aumgene Biosciences, Megazyme, Enzyme Supplies, Creative Enzymes, Enzyme Solutions, Enzymatic Deinking Technologies, Biocatalysts, Sunson Industry Group, Metgen, Denykem, Tex Biosciences and other prominent players.

 

  • By Type
        • Carbohydrases
          • Amylases
          • Cellulase
          • Others
        • Proteases
        • Lipases
        • Polymerases & Nucleases
        • Others
  • By Source
        • Plants
        • Animals
        • Micro-organisms
  • By Application
        • Food & Beverages
        • Detergents
        • Animal Feed
        • Biofuels
        • Textiles
        • Pulp & Paper
        • Others
  • By Region
        • North America
        • Europe
        • The Asia-Pacific
        • Latin America
        • The Middle East and Africa
  1. Research Framework
    1. Research Objective
    2. Product Overview
    3. Market Segmentation
  2. Research Methodology
    1. Qualitative Research
      1. Primary & Secondary Research
    2. Quantitative Research
    3. Market Breakdown & Data Triangulation
      1. Primary & Secondary Research Application
      2. Secondary Research
      3. Primary Research
    4. Breakdown of Primary Research Respondents, By Region
    5. Assumption & Limitation
  3. Executive Summary
  4. Global Industrial Enzymes Market Insights
    1. Industry Value Chain Analysis
    2. DROC Analysis
      1. Growth Drivers
      2. Restraints
      3. Opportunities
      4. Challenges
    3. Recent Development/Technological Advancements
    4. Regulatory Framework
    5. Porter’s Five Forces Analysis
      1. Bargaining Application of Suppliers
      2. Bargaining Application of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
  5. Global Industrial Enzymes Market Overview
    1. Market Size & Forecast by Value, 2017-2027
      1. By Value (USD Billion)        
    2. Market Share & Forecast
      1. By Type
        1. Carbohydrases
          1. Amylases
          2. Cellulase
          3. Others
        2. Proteases
        3. Lipases
        4. Polymerases & Nucleases
        5. Others
      2. By Source
        1. Plants
        2. Animals
        3. Micro-organisms
      3. By Application
        1. Food & Beverages
        2. Detergents
        3. Animal Feed
        4. Biofuels
        5. Textiles
        6. Pulp & Paper
        7. Others
      4. By Region
        1. North America
        2. Europe
        3. The Asia-Pacific
        4. Latin America
        5. The Middle East and Africa
  6. North America Industrial Enzymes Market  
    1. Market Size & Forecast by Value, 2017-2027
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Type
      2. By Source
      3. By Application
      4. By Country
        1. United States
        2. Canada
  7. Europe Industrial Enzymes Market
    1. Market Size & Forecast by Value, 2017-2027
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Type
      2. By Source
      3. By Application
      4. By Country
        1. France
        2. Germany
        3. United Kingdom
        4. Rest of Europe
  8. Asia-Pacific Industrial Enzymes Market
    1. Market Size & Forecast by Value, 2017-2027
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Type
      2. By Source
      3. By Application
      4. By Country
        1. Japan
        2. China
        3. India
        4. New Zealand
        5. Australia
        6. Rest of APAC
  9. Latin America Industrial Enzymes Market
    1. Market Size & Forecast by Value, 2017-2027
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Type
      2. By Source
      3. By Application
      4. By Country
        1. Brazil
        2. Mexico
        3. Rest of Latin America
  10. Middle East & Africa Industrial Enzymes Market
    1. Market Size & Forecast by Value, 2017-2027
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Type
      2. By Source
      3. By Application
      4. By Country
        1. South Africa
        2. Saudi Arabia
        3. UAE
        4. Rest of MEA
  11. Competitive Landscape
    1. Company Market Share Analysis, 2020
    2. Competitive Benchmarking, By Product Offerings
    3. List of Key Players and their Offerings
  12. Impact of COVID-19 across Industry
  13. Company Profile (Company Overview, Financial Matrix, Key Product landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook) *
    1. BASF SE
    2. Novozymes
    3. DuPont Danisco
    4. DSM
    5. NOVUS International
    6. Associated British Foods Plc
    7. Advanced Enzyme Technologies
    8. Chr. Hansen Holding A/S
    9. Lesaffre
    10. Adisseo
    11. Enzyme Development Corporation
    12.  Aumgene Biosciences
    13.  Megazyme
    14.  Enzyme Supplies
    15.  Creative Enzymes
    16.  Enzyme Solutions
    17.  Enzymatic Deinking Technologies
    18.  Biocatalysts  
    19.  Sunson Industry Group
    20.  Metgen
    21.  Denykem
    22.  Tex Biosciences
    23. Other Prominent Players
  14. Key Strategic Recommendations

 

*Financial details of unlisted companies will be available as per data availability in final deliverable

**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable.

 

List of Figures.

 

Fig 1: Global Industrial Enzymes Segmentation

Fig 2: Global Industrial Enzymes Market Value Chain Analysis

Fig 3: Company Market Share Analysis, 2020

Fig 4: Global Industrial Enzymes Market Size, By Value (USD Billion), 2017-2027

Fig 5: Global Industrial Enzymes Market Share, By Type, By Value, 2017-2027

Fig 6: Global Industrial Enzymes Market Share, By Source, By Value, 2017-2027

Fig 7: Global Industrial Enzymes Market Share, By Application, By Value, 2017-2027

Fig 10: Global Industrial Enzymes Market Share, By Region, By Value, 2017-2027

Fig 11: North America Industrial Enzymes Market Size, By Value (USD Billion), 2017-2027

Fig 12: North America Industrial Enzymes Market Share, By Type, By Value, 2017-2027

Fig 13: North America Industrial Enzymes Market Share, By Source, By Value, 2017-2027

Fig 14: North America Industrial Enzymes Market Share, By Application, By Value, 2017-2027

Fig 16: North America Industrial Enzymes Market Share, By Country, By Value, 2017-2027

Fig 17: Europe Industrial Enzymes Market Size, By Value (USD Billion), 2017-2027

Fig 18: Europe Industrial Enzymes Market Share, By Type, By Value, 2017-2027

Fig 19: Europe Industrial Enzymes Market Share, By Source, By Value, 2017-2027

Fig 20: Europe Industrial Enzymes Market Share, By Application, By Value, 2017-2027

Fig 22: Europe Industrial Enzymes Market Share, By Country, By Value, 2017-2027

Fig 23: the Asia-Pacific Industrial Enzymes Market Size, By Value (USD Billion), 2017-2027

Fig 24: the Asia-Pacific Industrial Enzymes Market Share, By Type, By Value, 2017-2027

Fig 25: the Asia-Pacific Industrial Enzymes Market Share, By Source, By Value, 2017-2027

Fig 26: the Asia-Pacific Industrial Enzymes Market Share, By Application, By Value, 2017-2027

Fig 28: the Asia-Pacific Industrial Enzymes Market Share, By Country, By Value, 2017-2027

Fig 29: Latin America Industrial Enzymes Market Size, By Value (USD Billion), 2017-2027

Fig 30: Latin America Industrial Enzymes Market Share, By Type, By Value, 2017-2027

Fig 31: Latin America Industrial Enzymes Market Share, By Source, By Value, 2017-2027

Fig 32: Latin America Industrial Enzymes Market Share, By Application, By Value, 2017-2027

Fig 34: Latin America Industrial Enzymes Market Share, By Country, By Value, 2017-2027

Fig 35: Middle East & Africa Industrial Enzymes Market Size, By Value (USD Billion), 2017-2027

Fig 36: Middle East & Africa Industrial Enzymes Market Share, By Type, By Value, 2017-2027

Fig 37: Middle East & Africa Industrial Enzymes Market Share, By Source, By Value, 2017-2027

Fig 38: Middle East & Africa Industrial Enzymes Market Share, By Application, By Value, 2017-2027

Fig 40: Middle East & Africa Industrial Enzymes Market Share, By Country, By Value, 2017-2027

 

List of Tables.

 

Table 1: Global Industrial Enzymes Size, By Form, By Value, 2017-2027

Table 2: Global Industrial Enzymes Market Size, By Type, By Value, 2017-2027

Table 3: Global Industrial Enzymes Market Size, By Source, By Value, 2017-2027

Table 4: Global Industrial Enzymes Market Size, By Application, By Value, 2017-2027

Table 6: Global Industrial Enzymes Market Size, By Region, By Value, 2017-2027

Table 7: North America Industrial Enzymes Market Size, By Type, By Value, 2017-2027

Table 8: North America Industrial Enzymes Market Size, By Source, By Value, 2017-2027

Table 9: North America Industrial Enzymes Market Size, By Application, By Value, 2017-2027

Table 12: North America Industrial Enzymes Market Size, By Country, By Value, 2017-2027

Table 13: Europe Industrial Enzymes Market Size, By Type, By Value, 2017-2027

Table 14: Europe Industrial Enzymes Market Size, By Source, By Value, 2017-2027

Table 15: Europe Industrial Enzymes Market Size, By Application, By Value, 2017-2027

Table 18: Europe Industrial Enzymes Market Size, By Country, By Value, 2017-2027

Table 19: the Asia-Pacific Industrial Enzymes Market Size, By Type, By Value, 2017-2027

Table 20: the Asia-Pacific Industrial Enzymes Market Size, By Source, By Value, 2017-2027

Table 21: the Asia-Pacific Industrial Enzymes Market Size, By Application, By Value, 2017-2027

Table 24: the Asia-Pacific Industrial Enzymes Market Size, By Country, By Value, 2017-2027

Table 25: Latin America Industrial Enzymes Market Size, By Type, By Value, 2017-2027

Table 26: Latin America Industrial Enzymes Market Size, By Source, By Value, 2017-2027

Table 27: Latin America Industrial Enzymes Market Size, By Application, By Value, 2017-2027

Table 30: Latin America Industrial Enzymes Market Size, By Country, By Value, 2017-2027

Table 31: Middle East & Africa Industrial Enzymes Market Size, By Type, By Value, 2017-2027

Table 32: Middle East & Africa Industrial Enzymes Market Size, By Source, By Value, 2017-2027

Table 33: Middle East & Africa Industrial Enzymes Market Size, By Application, By Value, 2017-2027

Table 36: Middle East & Africa Industrial Enzymes Market Size, By Country, By Value, 2017-2027

Table 37: BASF SE Business Overview

Table 38: BASF SE Financial Analysis

Table 39: Novozymes Business Overview

Table 40: Novozymes Financial Analysis

Table 41: DuPont Danisco Business Overview

Table 42: DuPont Danisco Financial Analysis

Table 43: DSM Business Overview

Table 44: DSM Financial Analysis

Table 45: NOVUS International Business Overview

Table 46: NOVUS International Financial Analysis

Table 47: Associated British Foods Plc Business Overview

Table 48: Associated British Foods Plc Financial Analysis

Table 49: Advanced Enzyme Technologies Business Overview

Table 50: Advanced Enzyme Technologies Financial Analysis

Table 51: Chr. Hansen Holding A/S Business Overview

Table 52: Chr. Hansen Holding A/S Financial Analysis

Table 53: Lesaffre Business Overview

Table 54: Lesaffre Financial Analysis

Table 55: Adisseo Business Overview

Table 56: Adisseo Financial Analysis

Table 57: Enzyme Development Corporation Business Overview

Table 58: Enzyme Development Corporation Financial Analysis

Table 59: Aumgene Biosciences Business Overview

Table 60: Aumgene Biosciences Financial Analysis

Table 61: Megazyme Business Overview

Table 62: Megazyme Financial Analysis

Table 63: Enzyme Supplies Business Overview

Table 64: Enzyme Supplies Financial Analysis

Table 65: Creative Enzymes Business Overview

Table 66: Creative Enzymes Financial Analysis

Table 67: Enzyme Solutions Business Overview

Table 68: Enzyme Solutions Financial Analysis

Table 69: Enzymatic Deinking Technologies Business Overview

Table 70: Enzymatic Deinking Technologies Financial Analysis

Table 71: Biocatalysts Business Overview

Table 72: Biocatalysts Financial Analysis

Table 73: Sunson Industry Group Business Overview

Table 74: Sunson Industry Group Financial Analysis

Table 75: Metgen Business Overview

Table 76: Metgen Financial Analysis

Table 77: Denykem Business Overview

Table 78: Denykem Financial Analysis

Table 79: Tex Biosciences Business Overview

Table 80: Tex Biosciences Financial Analysis

 

Market Segmentation

  • By Type
        • Carbohydrases
          • Amylases
          • Cellulase
          • Others
        • Proteases
        • Lipases
        • Polymerases & Nucleases
        • Others
  • By Source
        • Plants
        • Animals
        • Micro-organisms
  • By Application
        • Food & Beverages
        • Detergents
        • Animal Feed
        • Biofuels
        • Textiles
        • Pulp & Paper
        • Others
  • By Region
        • North America
        • Europe
        • The Asia-Pacific
        • Latin America
        • The Middle East and Africa
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Frequently Asked Questions (FAQs):

Ans: The global industrial enzymes market has reached USD 6.0 billion in 2020.
Ans: The rising product demand from end-use sectors such as biofuel, household cleaning, animal feed, and food and beverage is expected to drive industry expansion. The market is expected to be driven by rising demand for carbohydrase and proteases in food and beverage applications, particularly in Asia Pacific's expanding economies like China, India, and Japan.
Ans: The key players in the global industrial enzymes market are BASF SE, Novozymes, DuPont Danisco, DSM, NOVUS International, Associated British Foods Plc, Advanced Enzyme Technologies, Chr. Hansen Holding A/S, Lesaffre, Adisseo, Enzyme Development Corporation, Aumgene Biosciences, Megazyme, Enzyme Supplies, Creative Enzymes, Enzyme Solutions, Enzymatic Deinking Technologies, Biocatalysts, Sunson Industry Group, Metgen, Denykem, Tex Biosciences and other prominent players.
Ans: Based on source, the microorganisms segment accounted for the largest share in the global industrial enzymes market.
Ans: North America has accounted for the largest share in the global industrial enzymes market.