Industrial Enzymes Market

Industrial Enzymes Market Overview:

The global industrial enzymes market size reached USD 7.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach USD 11.7 Billion by 2032, exhibiting a growth rate (CAGR) of 5.7% during 2024-2032. The increasing investments in enzyme production infrastructure and technology, the rising trend towards sustainable and green manufacturing practices, the emergence of new enzyme-based applications in various industries, and the growing demand for enzymes in the detergent and cleaning industry are some of the factors propelling the market. At present, North America holds the largest market share, driven by an established industrial base and strong research and development.

Industrial enzymes play a vital role as catalysts in numerous industrial processes and food production, including bread and cheese making. These enzymes are sourced from plant tissues, animal tissues, or microorganisms and serve to accelerate and enhance chemical reactions by forming transition state complexes with their substrates. Additionally, they play a crucial role in various metabolic activities within the human body, such as aiding in food digestion and DNA synthesis. Due to their versatility and efficiency, industrial enzymes find applications in various industry verticals, ranging from animal feed to biofuels and cleaning agents. Their widespread utilization across different sectors highlights their significance in modern manufacturing and production processes, contributing to improved efficiency and sustainability.

The industrial enzymes market value is primarily driven by the increasing demand for sustainable and eco-friendly industrial processes. In line with this, the rising awareness about the benefits of using enzymes in various industries is creating a positive outlook for the market. Furthermore, the rapid advancements in biotechnology and genetic engineering techniques are significantly contributing to the market. The growing adoption of enzyme-based solutions in the food and beverage industries is positively influencing the market. Apart from this, the expansion of the biofuels and renewable energy sector and the enhanced research and development efforts to discover novel enzymes are catalyzing the market. Moreover, the favorable governments regulations promoting enzyme usage and the escalating need for improved and cost-effective industrial processes are propelling the market. Besides, the increasing demand for enzymes in pharmaceutical and healthcare applications and the rising preference for enzyme-based cleaning agents in households and industries are strengthening the market. Additionally, technological advancements in enzyme production and purification methods are providing an impetus to market growth.

Industrial Enzymes Market Trends/Drivers:

Increasing use of enzymes in animal feed for enhanced nutrition

The increasing use of enzymes in animal feed is providing a boost to the market. Enzymes play a crucial role in enhancing the nutritional value of animal feed by breaking down complex nutrients into simpler forms that are more easily absorbed by the animals' digestive systems. This improved nutrient digestibility leads to better feed conversion rates, increased weight gain, and improved overall animal health. As the demand for high-quality animal products, such as meat, eggs, and milk, rises globally, there is a growing emphasis on improving animal nutrition and welfare. Enzyme supplementation in animal feed reduces the use of conventional feed additives and enhances the utilization of available feed resources. This, in turn, promotes sustainable and efficient livestock production. Moreover, with a growing focus on sustainable agriculture and environmentally friendly practices, the use of enzymes in animal feed aligns with the broader objectives of reducing the environmental impact of livestock farming. As a result, the increasing adoption of enzymes in animal feed formulation is driving the market by meeting the demands for enhanced animal nutrition, improved livestock performance, and sustainable agricultural practices. 

Shift towards green chemistry and sustainable manufacturing practices

The shift towards green chemistry and sustainable manufacturing practices is creating a positive outlook for the market. As industries across various sectors strive to reduce their environmental footprint and embrace sustainable practices, enzymes have emerged as valuable tools for achieving these goals. They are inherently eco-friendly as they are biodegradable, renewable, and function effectively in mild conditions, minimizing the need for harsh chemicals and energy-intensive processes. By replacing traditional chemical catalysts with enzymes, industries can significantly reduce the generation of toxic waste and harmful by-products. In sectors like food and beverage, textiles, and detergents, where enzyme usage is prevalent, companies are witnessing benefits in terms of reduced water and energy consumption, lower greenhouse gas emissions, and improved waste management. Moreover, the adoption of enzymes in manufacturing processes aligns with consumer demands for sustainable and ethically produced products. As eco-consciousness continues influencing buying decisions, industries must integrate green chemistry and enzymes into their operations.

Expanding application of enzymes in the pulp and paper industry

The expanding application of enzymes in the pulp and paper industry is offering numerous opportunities for the market. Enzymes have found a wide range of applications in this industry, revolutionizing traditional processes and offering significant advantages. They facilitate the breakdown of lignocellulosic materials in wood, making the pulp extraction process more efficient and environmentally friendly. By replacing or complementing harsh chemical treatments, enzymes help reduce the consumption of chemicals, water, and energy, lowering production costs and decreasing environmental impact. They also improve paper quality and enhance paper properties, such as strength, brightness, and smoothness. By modifying the structure of cellulose fibers, enzymes enable the production of specialty papers with unique characteristics, opening up new market opportunities. Additionally, using enzymes in the pulp and paper industry aligns with the industry's growing focus on sustainability and circular economy principles. Enzymatic processes produce fewer harmful by-products, making them an attractive choice for environmentally conscious consumers and companies. As the pulp and paper industry continues to adopt enzymes for various applications, the industrial enzymes market experiences growth, driven by the sector's pursuit of more sustainable and efficient production practices.

Industrial Enzymes Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the global industrial enzymes market report, along with forecasts at the global, regional and country levels from 2024-2032. Our report has categorized the market based on product, source and application.

Breakup by Product:

• Carbohydrases
  • Amylases
  • Cellulase
  • Others
• Proteases
• Lipases
• Polymerases and Nucleases
• Others
   

Carbohydrases dominates the market

The report has provided a detailed breakup and analysis of the market based on the product. This includes carbohydrases (amylases, cellulase, others), proteases, lipases, polymerases and nucleases, and others. According to the report, carbohydrases represented the largest segment.

Carbohydrases, a class of enzymes, play a crucial role in catalyzing the breakdown of carbohydrates into simpler sugars. They find extensive applications across various sectors, including food and beverage, animal feed, biofuels, textiles, and pharmaceuticals. In the food and beverage industry, carbohydrases are utilized to improve the nutritional value and sensory characteristics of products like bread, beer, and dairy. They enhance food items' texture, flavor, and shelf life, meeting consumer preferences for high-quality and healthy products.

Furthermore, the demand for carbohydrases is increasing in animal feed formulations, as they aid in maximizing nutrient absorption and improving animal performance, ultimately leading to higher productivity and efficiency in livestock farming. In the biofuels sector, they facilitate biomass conversion into biofuels like ethanol, supporting the shift towards renewable energy sources and reducing greenhouse gas emissions. The versatility and wide-ranging applications of carbohydrases drive market growth as industries continue to embrace these enzymes for their economic and sustainable advantages.

Breakup by Source:

• Plants
• Animals
• Microorganisms
   

Microorganisms press dominates the market

The report has provided a detailed breakup and analysis of the market based on the source. This includes plants, animals, and microorganisms. According to the report, the microorganisms represented the largest segment.

Microorganisms, such as bacteria and fungi, are excellent producers of various enzymes due to their ability to secrete these proteins into their surrounding environment. Using microorganism-derived enzymes has become increasingly popular in industries like food and beverage, where they enhance product quality, taste, and texture. Additionally, microorganism-sourced enzymes are widely employed in the pharmaceutical and healthcare sectors for various therapeutic and diagnostic applications.

Moreover, the development of advanced biotechnological techniques has enabled the optimization and large-scale production of enzymes from microorganisms, making them more cost-effective and commercially viable. The adoption of microorganism-derived enzymes aligns with the growing demand for sustainable and eco-friendly manufacturing practices, as these enzymes are renewable and biodegradable.

Breakup by Application:

• Food and Beverages
• Detergents
• Animal Feed
• Biofuels
• Textiles
• Pulp and Paper
• Nutraceuticals
• Personal Care and Cosmetics
• Wastewater Treatment
• Others
   

Food and beverages dominate the market

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. According to the report, food and beverages represented the largest segment.

The product plays a vital role in the food and beverage sector, where they are used for a wide range of applications to improve product quality, processing efficiency, and nutritional value. Enzymes find extensive use in the baking industry to enhance dough properties, increase volume, and prolong shelf life. They are also crucial in the production of cheese and other dairy products, aiding in flavor development and texture enhancement. In the beverage industry, they facilitate the extraction of fruit juices, improve clarity in beer production, and enhance the fermentation process in winemaking.

 Furthermore, they are increasingly utilized to develop functional foods with improved nutritional content, catering to the growing consumer demand for healthier and more sustainable products. The adoption of enzymes in the food and beverage industry aligns with the rising trend of clean labels and natural ingredients, where enzymes serve as eco-friendly and biodegradable alternatives to chemical additives. As the food and beverage industry continues to evolve, the application of enzymes remains integral to catalyzing product innovation, sustainability, and overall market growth.

Breakup by Region:

• North America
  • United States
  • Canada
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa
   

North America exhibits a clear dominance, accounting for the largest market share

The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America accounted for the largest market share.

The North American region is a significant driver for the market. The region's strong economic development, coupled with well-established industries, creates a robust demand for enzymes across various sectors. In this region, enzymes are extensively used in the food and beverage industry to improve product quality, extend shelf life, and meet the growing demand for natural and clean-label products. Moreover, the pharmaceutical and healthcare sectors in the region employ enzymes for drug development, diagnostics, and therapeutic applications, contributing to market expansion.

Focusing on sustainable and eco-friendly manufacturing practices in North America has further fueled the adoption of enzymes in industries like textiles, detergents, and biofuels. The region's supportive regulatory environment and emphasis on research and development activities drive continuous innovation in enzyme technologies, leading to increased applications and market penetration. The region's strong industrial base, innovation-driven economy, and eco-consciousness are propelling the market growth, making it a vital contributor to the global industrial enzymes market.

Competitive Landscape:

Top companies are fueling the market by investing heavily in research and development to discover and improve new enzymes. They focus on developing innovative enzyme-based solutions tailored to specific industries, driving demand and adoption. These companies actively collaborate with various sectors, including food and beverage, textiles, pharmaceuticals, and biofuels, to expand their applications and market reach. Additionally, they invest in advanced enzyme production technologies, enabling large-scale manufacturing to meet the growing demand. These companies gain a competitive edge by providing high-quality and sustainable enzyme products, attracting more customers, and driving overall market growth. Their continuous efforts to develop cutting-edge enzyme technologies and foster strategic partnerships are pivotal in propelling the market.

The report has provided a comprehensive analysis of the competitive landscape in the industrial enzymes market. Detailed profiles of all major companies have also been provided.

• Adisseo (China National Bluestar (Group) Corporation)
• Advanced Enzyme Technologies
• Associated British Foods Plc
• BASF SE
• Chr. Hansen Holding A/S
• Koninklijke DSM N.V
• DuPont de Nemours Inc.
• Enzyme Development Corporation
• Lesaffre
• Novozymes A/S
• Novus International Inc. (Mitsui & Co).

Recent Developments:

• In February 2023, Adisseo announced that it had successfully acquired Nor-Feed, a French company specializing in plant-based specialty ingredients and extracts for animal nutrition.
• In July 2023, BASF and Huntsman, and their Chinese partners announced the planned separation of their joint MDI production at Shanghai Lianheng Isocyanate Co., Ltd. The companies will independently operate the two MDI plants at the site in Caojing, China, with Huntsman and Shanghai Chlor-Alkali Chemical Co., Ltd. taking over one plant and BASF with Shanghai Hua Yi (Group Company) and Sinopec Shanghai Gaoqiao Petrochemical Co., Ltd. taking over the other.
• In November 2022, Chr. Hansen and CP Kelco join forces to offer customers an exciting collaboration, bringing together their expertise and solutions to enhance consumer-friendly, shelf-stable, plant-based yogurt alternatives, also known as "vegurts," to new heights.

Industrial Enzymes Market Report Scope:

Key Questions Answered in This Report:

• How has the global industrial enzymes market performed so far, and how will it perform in the coming years?
• What are the drivers, restraints, and opportunities in the global industrial enzymes market?
• What is the impact of each driver, restraint, and opportunity on the global industrial enzymes market?
• What are the key regional markets?
• Which countries represent the most attractive industrial enzymes market?
• What is the breakup of the market based on the product?
• Which is the most attractive product in the global industrial enzymes market?
• What is the breakup of the market based on the source?
• Which is the most attractive source in the global industrial enzymes market?
• What is the breakup of the market based on the application?
• Which is the most attractive application in the global industrial enzymes market?
• What is the competitive structure of the global industrial enzymes market?
• Who are the key players/companies in the global industrial enzymes market?

Key Benefits for Stakeholders:

• IMARC’s report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the industrial enzymes market from 2018-2032.
• The research study provides the latest information on the market drivers, challenges, and opportunities in the global industrial enzymes market.
• The study maps the leading, as well as the fastest-growing, regional markets. It further enables stakeholders to identify the key country-level markets within each region.
• Porter's five forces analysis assists stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the industrial enzymes industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.