Product Code: PM2116
The global industrial enzymes market size is expected to reach USD 12,784.99 million by 2032 according to a new study by Polaris Market Research. The report "Industrial Enzymes Market Share, Size, Trends, Industry Analysis Report, By Source (Microorganisms, Plants, Animals); By Type (Lipases, Carbohydrases, Proteases, Others); By Application; By Region; Segment Forecast, 2024 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The demand for industrial enzymes is anticipated to increase during the forecast period owing to greater demand for functional food products, growing health concerns, along with rising awareness regarding nutrition and overall wellness. The increasing demand for nutraceuticals, especially during the pandemic, boosts market growth.
Increasing consumer awareness regarding environmental concerns and the adoption of sustainable industrial activities has further increased its demand. However, the COVID-19 pandemic has had a detrimental impact on businesses such as textiles, biofuel, and paper and pulp owing to supply chain disruption, raw material shortages, lower deliveries, lockout, and reduced personnel.
Based on source, the market is segmented into microorganisms, plants, and animals. In 2020, the microorganisms segment dominated the global market. Microorganisms such as Bacillus and Aspergillus are used in use to produce industrial enzymes owing to the higher yield obtained and reduced cost and labor.
Rising environmental concerns coupled with increasing initiatives to reduce manufacturing waste have increased its adoption worldwide. These enzymes are used in the food and beverage sector to maintain the original flavors while carrying the desired processing reactions. They are also utilized in applications such as chemical and research, agriculture, pulp and paper, leather, textile, and household products. Some common carbohydrases include amylases, glucanases, and cellulases. They are used in the food and beverage sector to improve fermentation, accelerate yeast growth, and ease the filtration of beverages. The demand for this enzyme has increased over the years owing to increasing application in textile, personal care, wastewater, paper, and pulp.
Growing awareness regarding consumption of functional food products and growing inclination towards plant-based ingredients support the market growth. Some benefits offered by industrial enzymes in food processing include improved performance, reduced toxicity of by-products, high quality, lesser environmental pollution, and decreased wastage. Increasing disposable incomes coupled with growing middle-class societies have defined developing economies. Consumers in emerging markets have increased their nutritional knowledge and interest in wellness foods, which, along with rising environmental consciousness, expands the use of industrial enzymes in the food processing industry.
Some leading market participants include Novozymes A/S, Novus International, Inc., Advanced Enzyme Technologies, Kerry Group, DuPont Danisco Cellulosic Ethanol LLC, Amano Enzymes, Creative Enzymes, BASF SE, Metgen Oy, Enzymatic Deinking Technologies, Koninklijke DSM N.V., Dyadic International, Aumgene Biosciences, Lesaffre, and Chr. Hansen Holding A/S.
Polaris Market Research has segmented the industrial enzymes market report on the basis of source, type, application, and region:
Industrial Enzymes, Source Outlook (Revenue, USD Billion, 2019-2032)
- Microorganisms
- Plants
- Animals
Industrial Enzymes, Type Outlook (Revenue, USD Billion, 2019-2032)
- Lipases
- Carbohydrases
- Proteases
- Others
Industrial Enzymes, Application Outlook (Revenue, USD Billion, 2019-2032)
- Textile
- Bioethanol
- Detergents & Cleaning Agents
- Food Processing
- Pulp & Paper
- Wastewater Treatment
- Animal Feed
- Personal Care & Cosmetics
- Others
Industrial Enzymes, Regional Outlook (Revenue, USD Billion, 2019-2032)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Netherlands
- Austria
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Latin America
- Brazil
- Mexico
- Argentina
- Middle East & Africa
- Saudi Arabia
- South Africa
- Israel
- UAE
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Industrial Enzymes Market Insights
- 4.1. Industrial Enzymes - Industry Snapshot
- 4.2. Industrial Enzymes Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.2. Restraints and Challenges
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTLE Analysis
- 4.5. Industrial Enzymes Market Industry trends
- 4.6. COVID-19 Impact Analysis
5. Global Industrial Enzymes Market, by Type
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Industrial Enzymes Market, by Type, 2019-2032 (USD Million)
- 5.3. Lipases
- 5.3.1. Global Industrial Enzymes Market, by Lipases, By Region, 2019-2032 (USD Million)
- 5.4. Carbohydrases
- 5.4.1. Global Industrial Enzymes Market, by Carbohydrases, By Region, 2019-2032 (USD Million)
- 5.5. Proteases
- 5.5.1. Global Industrial Enzymes Market, by Proteases, By Region, 2019-2032 (USD Million)
- 5.6. Others
- 5.6.1. Global Other Industrial Enzymes Market, By Region, 2019-2032 (USD Million)
6. Global Industrial Enzymes Market, by Source
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Industrial Enzymes Market, by Source, 2019-2032 (USD Million)
- 6.3. Micro-organisms
- 6.3.1. Global Industrial Enzymes Market, by Anti-aging, by Region, 2019-2032 (USD Million)
- 6.4. Plants
- 6.4.1. Global Industrial Enzymes Market, by Plants, by Region, 2019-2032 (USD Million)
- 6.5. Animals
- 6.5.1. Global Industrial Enzymes Market, by Animals, by Region, 2019-2032 (USD Million)
7. Global Industrial Enzymes Market, by Application
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Industrial Enzymes Market, by Application, 2019-2032 (USD Million)
- 7.3. Textile
- 7.3.1. Global Industrial Enzymes Market, by Textile, by Region, 2019-2032 (USD Million)
- 7.4. Bioethanol
- 7.4.1. Global Industrial Enzymes Market, by Bioethanol, by Region, 2019-2032 (USD Million)
- 7.5. Detergents & Cleaning Agents
- 7.5.1. Global Industrial Enzymes Market, by Detergents & Cleaning Agents, by Region, 2019-2032 (USD Million)
- 7.6. Food Processing
- 7.6.1. Global Industrial Enzymes Market, by Food Processing, by Region, 2019-2032 (USD Million)
- 7.7. Pulp & Paper
- 7.7.1. Global Industrial Enzymes Market, by Pulp & Paper, by Region, 2019-2032 (USD Million)
- 7.8. Wastewater Treatment
- 7.8.1. Global Industrial Enzymes Market, by Wastewater Treatment, by Region, 2019-2032 (USD Million)
- 7.9. Animal Feed
- 7.9.1. Global Industrial Enzymes Market, by Animal Feed, by Region, 2019-2032 (USD Million)
- 7.10. Personal Care & Cosmetics
- 7.10.1. Global Industrial Enzymes Market, by Personal Care & Cosmetics, by Region, 2019-2032 (USD Million)
- 7.11. Others
- 7.11.1. Global Industrial Enzymes Market, by Other Applications, by Region, 2019-2032 (USD Million)
8. Global Industrial Enzymes Market, by Geography
- 8.1. Key findings
- 8.2. Introduction
- 8.2.1. Industrial Enzymes Market Assessment, By Geography, 2019-2032 (USD Million)
- 8.3. Industrial Enzymes Market - North America
- 8.3.1. North America: Industrial Enzymes Market, by Source, 2019-2032 (USD Million)
- 8.3.2. North America: Industrial Enzymes Market, by Type, 2019-2032 (USD Million)
- 8.3.3. North America: Industrial Enzymes Market, by Application, 2019-2032 (USD Million)
- 8.3.4. Industrial Enzymes Market - U.S.
- 8.3.4.1. U.S.: Industrial Enzymes Market, by Source, 2019-2032 (USD Million)
- 8.3.4.2. U.S.: Industrial Enzymes Market, by Type, 2019-2032 (USD Million)
- 8.3.4.3. U.S.: Industrial Enzymes Market, by Application, 2019-2032 (USD Million)
- 8.3.5. Industrial Enzymes Market - Canada
- 8.3.5.1. Canada: Industrial Enzymes Market, by Source, 2019-2032 (USD Million)
- 8.3.5.2. Canada.: Industrial Enzymes Market, by Type, 2019-2032 (USD Million)
- 8.3.5.3. Canada: Industrial Enzymes Market, by Application, 2019-2032 (USD Million)
- 8.4. Industrial Enzymes Market - Europe
- 8.4.1. Europe: Industrial Enzymes Market, by Source, 2019-2032 (USD Million)
- 8.4.2. Europe.: Industrial Enzymes Market, by Type, 2019-2032 (USD Million)
- 8.4.3. Europe: Industrial Enzymes Market, by Application, 2019-2032 (USD Million)
- 8.4.4. Industrial Enzymes Market - UK
- 8.4.4.1. UK: Industrial Enzymes Market, by Source, 2019-2032 (USD Million)
- 8.4.4.2. UK.: Industrial Enzymes Market, by Type, 2019-2032 (USD Million)
- 8.4.4.3. UK: Industrial Enzymes Market, by Application, 2019-2032 (USD Million)
- 8.4.5. Industrial Enzymes Market - France
- 8.4.5.1. France: Industrial Enzymes Market, by Source, 2019-2032 (USD Million)
- 8.4.5.2. France.: Industrial Enzymes Market, by Type, 2019-2032 (USD Million)
- 8.4.5.3. France: Industrial Enzymes Market, by Application, 2019-2032 (USD Million)
- 8.4.6. Industrial Enzymes Market - Germany
- 8.4.6.1. Germany: Industrial Enzymes Market, by Source, 2019-2032 (USD Million)
- 8.4.6.2. Germany.: Industrial Enzymes Market, by Type, 2019-2032 (USD Million)
- 8.4.6.3. Germany: Industrial Enzymes Market, by Application, 2019-2032 (USD Million)
- 8.4.7. Industrial Enzymes Market - Italy
- 8.4.7.1. Italy: Industrial Enzymes Market, by Source, 2019-2032 (USD Million)
- 8.4.7.2. Italy.: Industrial Enzymes Market, by Type, 2019-2032 (USD Million)
- 8.4.7.3. Italy: Industrial Enzymes Market, by Application, 2019-2032 (USD Million)
- 8.4.8. Industrial Enzymes Market - Spain
- 8.4.8.1. Spain: Industrial Enzymes Market, by Source, 2019-2032 (USD Million)
- 8.4.8.2. Spain.: Industrial Enzymes Market, by Type, 2019-2032 (USD Million)
- 8.4.8.3. Spain: Industrial Enzymes Market, by Application, 2019-2032 (USD Million)
- 8.4.9. Industrial Enzymes Market - Netherlands
- 8.4.9.1. Netherlands: Industrial Enzymes Market, by Source, 2019-2032 (USD Million)
- 8.4.9.2. Netherlands.: Industrial Enzymes Market, by Type, 2019-2032 (USD Million)
- 8.4.9.3. Netherlands: Industrial Enzymes Market, by Application, 2019-2032 (USD Million)
- 8.4.10. Industrial Enzymes Market - Austria
- 8.4.10.1. Austria: Industrial Enzymes Market, by Source, 2019-2032 (USD Million)
- 8.4.10.2. Austria.: Industrial Enzymes Market, by Type, 2019-2032 (USD Million)
- 8.4.10.3. Austria: Industrial Enzymes Market, by Application, 2019-2032 (USD Million)
- 8.5. Industrial Enzymes Market - Asia Pacific
- 8.5.1. Asia Pacific: Industrial Enzymes Market, by Source, 2019-2032 (USD Million)
- 8.5.2. Asia Pacific.: Industrial Enzymes Market, by Type, 2019-2032 (USD Million)
- 8.5.3. Asia Pacific: Industrial Enzymes Market, by Application, 2019-2032 (USD Million)
- 8.5.4. Industrial Enzymes Market - China
- 8.5.4.1. China: Industrial Enzymes Market, by Source, 2019-2032 (USD Million)
- 8.5.4.2. China.: Industrial Enzymes Market, by Type, 2019-2032 (USD Million)
- 8.5.4.3. China: Industrial Enzymes Market, by Application, 2019-2032 (USD Million)
- 8.5.5. Industrial Enzymes Market - India
- 8.5.5.1. India: Industrial Enzymes Market, by Source, 2019-2032 (USD Million)
- 8.5.5.2. India.: Industrial Enzymes Market, by Type, 2019-2032 (USD Million)
- 8.5.5.3. India: Industrial Enzymes Market, by Application, 2019-2032 (USD Million)
- 8.5.6. Industrial Enzymes Market - Malaysia
- 8.5.6.1. Malaysia: Industrial Enzymes Market, by Source, 2019-2032 (USD Million)
- 8.5.6.2. Malaysia.: Industrial Enzymes Market, by Type, 2019-2032 (USD Million)
- 8.5.6.3. Malaysia: Industrial Enzymes Market, by Application, 2019-2032 (USD Million)
- 8.5.7. Industrial Enzymes Market - Japan
- 8.5.7.1. Japan: Industrial Enzymes Market, by Source, 2019-2032 (USD Million)
- 8.5.7.2. Japan.: Industrial Enzymes Market, by Type, 2019-2032 (USD Million)
- 8.5.7.3. Japan: Industrial Enzymes Market, by Application, 2019-2032 (USD Million)
- 8.5.8. Industrial Enzymes Market - Indonesia
- 8.5.8.1. Indonesia: Industrial Enzymes Market, by Source, 2019-2032 (USD Million)
- 8.5.8.2. Indonesia.: Industrial Enzymes Market, by Type, 2019-2032 (USD Million)
- 8.5.8.3. Indonesia: Industrial Enzymes Market, by Application, 2019-2032 (USD Million)
- 8.5.9. Industrial Enzymes Market - South Korea
- 8.5.9.1. South Korea: Industrial Enzymes Market, by Source, 2019-2032 (USD Million)
- 8.5.9.2. South Korea.: Industrial Enzymes Market, by Type, 2019-2032 (USD Million)
- 8.5.9.3. South Korea: Industrial Enzymes Market, by Application, 2019-2032 (USD Million)
- 8.6. Industrial Enzymes Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Industrial Enzymes Market, by Source, 2019-2032 (USD Million)
- 8.6.2. Middle East & Africa.: Industrial Enzymes Market, by Type, 2019-2032 (USD Million)
- 8.6.3. Middle East & Africa: Industrial Enzymes Market, by Application, 2019-2032 (USD Million)
- 8.6.4. Industrial Enzymes Market - Saudi Arabia
- 8.6.4.1. Saudi Arabia: Industrial Enzymes Market, by Source, 2019-2032 (USD Million)
- 8.6.4.2. Saudi Arabia.: Industrial Enzymes Market, by Type, 2019-2032 (USD Million)
- 8.6.4.3. Saudi Arabia: Industrial Enzymes Market, by Application, 2019-2032 (USD Million)
- 8.6.5. Industrial Enzymes Market - UAE
- 8.6.5.1. UAE: Industrial Enzymes Market, by Source, 2019-2032 (USD Million)
- 8.6.5.2. UAE.: Industrial Enzymes Market, by Type, 2019-2032 (USD Million)
- 8.6.5.3. UAE: Industrial Enzymes Market, by Application, 2019-2032 (USD Million)
- 8.6.6. Industrial Enzymes Market - Israel
- 8.6.6.1. Israel: Industrial Enzymes Market, by Source, 2019-2032 (USD Million)
- 8.6.6.2. Israel.: Industrial Enzymes Market, by Type, 2019-2032 (USD Million)
- 8.6.6.3. Israel: Industrial Enzymes Market, by Application, 2019-2032 (USD Million)
- 8.6.7. Industrial Enzymes Market - South Africa
- 8.6.7.1. South Africa: Industrial Enzymes Market, by Source, 2019-2032 (USD Million)
- 8.6.7.2. South Africa.: Industrial Enzymes Market, by Type, 2019-2032 (USD Million)
- 8.6.7.3. South Africa: Industrial Enzymes Market, by Application, 2019-2032 (USD Million)
- 8.7. Industrial Enzymes Market - Latin America
- 8.7.1. Latin America: Industrial Enzymes Market, by Source, 2019-2032 (USD Million)
- 8.7.2. Latin America.: Industrial Enzymes Market, by Type, 2019-2032 (USD Million)
- 8.7.3. Latin America: Industrial Enzymes Market, by Application, 2019-2032 (USD Million)
- 8.7.4. Industrial Enzymes Market - Mexico
- 8.7.4.1. Mexico: Industrial Enzymes Market, by Source, 2019-2032 (USD Million)
- 8.7.4.2. Mexico.: Industrial Enzymes Market, by Type, 2019-2032 (USD Million)
- 8.7.4.3. Mexico: Industrial Enzymes Market, by Application, 2019-2032 (USD Million)
- 8.7.5. Industrial Enzymes Market - Brazil
- 8.7.5.1. Brazil: Industrial Enzymes Market, by Source, 2019-2032 (USD Million)
- 8.7.5.2. Brazil.: Industrial Enzymes Market, by Type, 2019-2032 (USD Million)
- 8.7.5.3. Brazil: Industrial Enzymes Market, by Application, 2019-2032 (USD Million)
- 8.7.6. Industrial Enzymes Market - Argentina
- 8.7.6.1. Argentina: Industrial Enzymes Market, by Source, 2019-2032 (USD Million)
- 8.7.6.2. Argentina.: Industrial Enzymes Market, by Type, 2019-2032 (USD Million)
- 8.7.6.3. Argentina: Industrial Enzymes Market, by Application, 2019-2032 (USD Million)
9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
- 10.1. AB Enzymes
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. Advanced Enzyme Technologies
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. Amano Enzymes
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. Associated British Foods plc
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. Aumgene Biosciences
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. BASF SE
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
- 10.7. Biocatalysts
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. Chr. Hansen Holding A/S
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
- 10.9. Creative Enzymes
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
- 10.10. Denykem
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development
- 10.11. DuPont Danisco
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Product Benchmarking
- 10.11.4. Recent Development
- 10.12. Dyadic International
- 10.12.1. Company Overview
- 10.12.2. Financial Performance
- 10.12.3. Product Benchmarking
- 10.12.4. Recent Development
- 10.13. Enzymatic Deinking Technologies
- 10.13.1. Company Overview
- 10.13.2. Financial Performance
- 10.13.3. Product Benchmarking
- 10.13.4. Recent Development
- 10.14. Enzyme Solutions
- 10.14.1. Company Overview
- 10.14.2. Financial Performance
- 10.14.3. Product Benchmarking
- 10.14.4. Recent Development
- 10.15. Enzyme Supplies
- 10.15.1. Company Overview
- 10.15.2. Financial Performance
- 10.15.3. Product Benchmarking
- 10.15.4. Recent Development
- 10.16. Kerry Group
- 10.16.1. Company Overview
- 10.16.2. Financial Performance
- 10.16.3. Product Benchmarking
- 10.16.4. Recent Development
- 10.17. Koninklijke DSM N.V.
- 10.17.1. Company Overview
- 10.17.2. Financial Performance
- 10.17.3. Product Benchmarking
- 10.17.4. Recent Development
- 10.18. Lesaffre
- 10.18.1. Company Overview
- 10.18.2. Financial Performance
- 10.18.3. Product Benchmarking
- 10.18.4. Recent Development
- 10.19. Megazyme
- 10.19.1. Company Overview
- 10.19.2. Financial Performance
- 10.19.3. Product Benchmarking
- 10.19.4. Recent Development
- 10.20. Metgen Oy
- 10.20.1. Company Overview
- 10.20.2. Financial Performance
- 10.20.3. Product Benchmarking
- 10.20.4. Recent Development
- 10.21. Novozymes A/S
- 10.21.1. Company Overview
- 10.21.2. Financial Performance
- 10.21.3. Product Benchmarking
- 10.21.4. Recent Development
- 10.22. Novus International, Inc.
- 10.22.1. Company Overview
- 10.22.2. Financial Performance
- 10.22.3. Product Benchmarking
- 10.22.4. Recent Development
- 10.23. Sunson Industry Group
- 10.23.1. Company Overview
- 10.23.2. Financial Performance
- 10.23.3. Product Benchmarking
- 10.23.4. Recent Development
- 10.24. Tex Biosciences
- 10.24.1. Company Overview
- 10.24.2. Financial Performance
- 10.24.3. Product Benchmarking
- 10.24.4. Recent Development