The China industrial enzymes market is projected to exhibit a growth rate (CAGR) of 6.10% during 2024-2032. The extensive demand in biopharmaceutical and food & beverage sectors, awareness among the industrial sectors for the green processes and practices to produce industrial enzymes, and technological advancements represent some of the key factors driving the growth of the market.
Report Attribute
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Key Statistics
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Base Year
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2023 |
Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Growth Rate (2024-2032) | 6.10% |
Extensive Demand in Biopharmaceutical and Food & Beverage Sectors
The increasing usage of industrial enzymes in biopharmaceutical and food & beverage sectors is mainly driving the market growth in China . China's food sector, which encompasses, among other things, dairy, ingredients, beverages, and drinks, as well as processing and production, returned to positive growth in the first quarter of 2021. Revenue surged 26% year-on-year to 2.11 trillion yuan ($330 billion), yielding a profit of 162 billion yuan, up 41% year-on-year. Thus, enzymes have great importance in the processes of biopharmaceuticals’ development and production to improve the effectiveness and selectivity of chemical reactions. The growing awareness of health and the inclination towards a healthy lifestyle have contributed to the increased use of enzymes in daily consumption. Additionally, there is a rising awareness within industrial sectors about green processes and practices for producing industrial enzymes, which is also playing a significant role in market growth. For instance, in December 2021, China released a plan for the green development of its industrial sectors during the 14th Five-Year Plan period (2021-2025), a step forward in the country's pursuit of low-carbon growth. By 2025, significant progress will have been made in the green and low-carbon transformation of China's industrial structure and production, with technologies and equipment for green development widely applied, according to the plan issued by the Ministry of Industry and Information Technology (MIIT).
Technological Advancements
Some of the key drivers of this market include technological development and higher focus on R&D for industrial enzymes in China. National Engineering Laboratory for Industrial Enzymes was jointly established by Institute of Microbiology, Tianjin Institute of Industrial Biotechnology, Shanghai Institutes for Biological Sciences, Jiangnan University, Jilin University, Biotechnology Research Institute CAAS, Tsinghua University and Tianjin University of Science and Technology. The laboratory focuses on the fundamental and applied research on industrial enzymes with a mission of promoting the advances in the technologies for the discovery, production and applications of industrial enzymes, and facilitating the sustainable development of various industries such as chemical, pharmaceutical, textile, paper, food, animal feeds and energy in China. Advances in enzyme engineering and the methods of enzyme production have rendered better enzyme solution at cheaper prices. Due to the modern techniques like recombinant DNA and protein engineering enzymes can be designed and produced with higher catalytic activity, stability, and selectivity. In addition, large quantities of funds being channelled towards research and development by leading companies and research bodies are being used to unlock new enthralling applications of enzymes and to optimize on already known ones. Besides enhancing productivity and proficiency of the industrial processes, these aids also enrich the applicability of enzyme in various fields, hence fuelling the market growth.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on product, source, and application.
Product Insights:
The report has provided a detailed breakup and analysis of the market based on the product. This includes carbohydrases (amylases, cellulase, and others), proteases, lipases, polymerases and nucleases, and others.
Source Insights:
A detailed breakup and analysis of the market based on the source have also been provided in the report. This includes plants, animals, and microorganisms.
Application Insights:
The report has provided a detailed breakup and analysis of the market based on the application. This includes food and beverages, detergents, animal feed, biofuels, textiles, pulp and paper, nutraceuticals, personal care and cosmetics, wastewater treatment, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North China, East China, South Central China, Southwest China, Northwest China, and Northeast China.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Units | US$ Million |
Scope of the Report | Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Products Covered |
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Sources Covered | Plants, Animals, Microorganisms |
Applications Covered | Food and Beverages, Detergents, Animal Feed, Biofuels, Textiles, Pulp and Paper, Nutraceuticals, Personal Care and Cosmetics, Wastewater Treatment, Others |
Regions Covered | North China, East China, South Central China, Southwest China, Northwest China, Northeast China |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |