Global Industrial Enzymes Market Size & Growth Trends Analysis Report

The market for industrial enzymes is mainly driven by factors including the rising demand for bio-based goods, the requirement for economical manufacturing methods, and the growing focus on environmentally friendly and sustainable solutions. Enzymes are essential to many industries, such as food & beverage, textiles, medicines, and biofuel manufacturing, since they increase productivity, lower waste, and improve product quality. The production of more resilient and specialized enzymes suited to industry demands has been made possible by developments in enzyme engineering and biotechnology, which has further fueled market expansion. However, there are barriers in the market that can prevent it from growing, such as the high costs associated with producing enzymes and the stringent regulations around their usage in food and medicine.

The need to lower carbon emissions and the growing emphasis on renewable energy sources have led to a notable increase in the biofuel market. Since they convert plant material into sugars that can be fermented, enzymes like cellulases and hemicellulases are essential to the synthesis of biofuels like ethanol. Comparing this enzymatic approach to conventional ways, biofuel production is more economical and efficient. Leading companies in this market are Novozymes and BASF, which provide cutting-edge enzyme solutions to maximize the production of biofuel. These businesses concentrate on creating high-performance enzymes that can function in harsh environments, enhancing the potential of biofuels as a substitute energy source.

By reducing waste, enzymes in animal feed improve gastrointestinal health, improve nutrient absorption, and lessen their negative effects on the environment. In feed formulations, proteases, carbohydrases, and phytolases are frequently employed to enhance the nutritional value of proteins, carbohydrates, and lipids, hence promoting improved growth performance in cattle and poultry. This market is dominated by businesses such as Novozymes, DSM, and AB Enzymes, which offer enzyme products tailored to meet the requirements of various animal species. The demand for feed enzymes has increased due to the growing concern about animal nutrition and the need for sustainable livestock production, making this a significant and expanding sector.

The detergent industry uses lipases, amylases, and proteases among other enzymes to increase the cleaning power of laundry and dishwashing solutions. These enzymes aid in the breakdown of fat, protein, and starch stains at lower temperatures, increasing detergent efficacy while using less energy. Enzymes are being used more frequently in this market owing to the desire for high-performance, environmentally friendly detergents. Important detergent enzyme providers include Novozymes and DuPont, which provide formulas that deliver excellent stain removal but are kind to fabrics and the environment. Their emphasis on creating enzymes that function well in a variety of settings, such as cold water, is in line with consumers' desire for environmentally friendly cleaning products.

Enzymes are utilized in this section to produce active pharmaceutical ingredients (APIs), formulate drugs, and perform diagnostic procedures. Particularly in the synthesis of biologics and biosimilars, enzymes including lipases, proteases, and polymerases are essential. Innovations in biotechnology and the growing need for enzyme-based medicines are driving the market's expansion. The leading players with specialist enzyme products for pharmaceutical purposes are Codexis and DSM. Their discoveries concentrate on enhancing the specificity and efficiency of enzymatic reactions, which helps to create more economical and environmentally friendly medication production procedures.

Enzymes are also used in fabric processing, including dyeing, de-sizing, and bio-polishing. In the process of making textiles, they assist produce high-quality finishes while using less water and chemicals. For instance, cellulases are employed instead of harsh chemicals to soften cloth and give denim a stone-washed look. Notable competitors in this market are Novozymes and AB Enzymes, who provide enzymes that improve textile quality while also having a smaller environmental effect, in line with the industry's move toward more environmentally friendly methods

Multiple market opportunities can be found in the expanding green chemistry trend and the increased use of enzymes in developing industries such as bioplastics and renewable energy. New markets and uses are made possible by advancements in enzyme technology, such as the creation of enzymes that can function in harsh environments. The guidelines for the safe use of enzymes, notably in food and pharmaceutical applications, are mostly established by regulatory authorities such as the European Food Safety Authority (EFSA) in Europe and the Food and Drug Administration (FDA) in the U.S.. The enzyme engineering industry is advancing rapidly owing to the startups such as Novozymes and Codexis, which provide innovative and long-lasting enzyme solutions for a range of sectors. The industrial enzymes market is expected to increase steadily as long as companies keep looking for efficient and sustainable alternatives. However, the industry's growth will be contingent on overcoming obstacles related to regulations and production costs.

Impact of COVID-19

The market for industrial enzymes was affected by the COVID-19 pandemic in a different way. On the one hand, the food & beverage, pharmaceutical, and healthcare industries saw a sharp increase in demand for enzymes. The demand for medications, dietary supplements, and processed and fortified foods surged as consumers became more health-conscious. During the pandemic, enzymes were essential in increasing the quality and efficiency of these items' production, which in turn spurred market expansion. As hygiene became a primary priority worldwide, the usage of enzymes in the production of cleaning and hygiene products, such as detergents and sanitizers, expanded and so did market demand.

However, the pandemic caused manufacturing facilities to close and shattered worldwide supply chains, which had an impact on the distribution and manufacture of industrial enzymes. The lockdown measures and lower economic activity resulted in a decrease in demand for industrial enzymes from industries such as animal feed, biofuel, and textiles, which are major users of these products. This caused a brief halt in the market expansion in these industries. However, the market for industrial enzymes started to grow again as economies began to recover and industry adjusted to the new normal. The pandemic hastened the emphasis on effective and sustainable production methods, which could propel the market's long-term expansion.

Segmentation

The global industrial enzyme market is segmented into type, source, and application. By type, the market is further segmented into carbohydrases, proteases, phytases, polymerases and nucleases, lipases, and others. By source, the market is segmented into animal, plant, and microorganism.

By application, the market is bifurcated into food & beverage, detergent, animal feed, biofuel, textiles, and others. Due to the requirement for enzymes to improve food processing, enhance flavor, and extend shelf life, this is the largest segment in the industrial enzymes market. Baking, brewing, dairy processing, and meat tenderization are prominent uses for enzymes such amylases, proteases, and lipases. Enzymes, for example, aid in enhancing bread texture and dough stability in the baking business. Prominent players in this market include Novozymes, DSM, and DuPont (now a part of International Flavors & Fragrances), which provide a broad range of enzyme solutions suited to particular applications, including brewing enzymes, enzyme-based dough conditioners, and lactase for lactose-free dairy products. These businesses never stop coming up with new ideas to satisfy the rising demand for plant-based and clean-label food goods.

Regional Analysis

Due to the region's advanced biotechnology industries, well-established food & beverage industry, and rising need for biofuels, North America is a prominent market for industrial enzymes. The region's emphasis on research and development has produced high-performance enzymes for a range of uses, especially in the fields of biotechnology and enzyme engineering. The U.S., in particular, is a major player owing to its robust industrial base and emphasis on environmentally friendly methods. The prominent corporations such as Novozymes, DuPont (now a part of IFF), and Codexis hold a notable position in the area, utilising cutting-edge technology to serve sectors such as food processing, animal feed, and detergents. Further propelling market expansion in this region are the demand for greener production methods and the use of enzymes in developing industries like bioplastics and renewable chemicals.

Owing to its strict environmental laws and emphasis on sustainability, Europe accounts for a sizable portion of the global market for industrial enzymes. Enzymes are widely used in the region's developed food & beverage industry for processing, improving quality, and extending shelf life. Furthermore, the need for enzymes in the manufacture of biofuels has increased as a result of EU policies supporting renewable energy and biofuels. Leading nations include Germany, France, and the Netherlands, whose developed biotechnology industry propels breakthroughs in enzyme science. European-based corporations like DSM and BASF are essential in offering cutting-edge enzyme solutions for a range of industrial uses. It is anticipated that the region's dedication to sustainable practices and green chemistry will keep driving the market for industrial enzymes.

Due to increased industrialization, population growth, and rising consumer awareness of sustainability and health, the Asia Pacific region is seeing the fastest-growing market for industrial enzymes. With a growing demand for convenience and processed foods, the food & beverage industries in China, India, and Japan are growing quickly. This growth in demand is driving up the usage of enzymes in food processing. The growing biofuel sector in the region, particularly in China and India, has also led to a rise in the usage of enzymes in the manufacturing of bioethanol. Due to the growing usage of enzymes in the production process to enhance product quality and environmental sustainability, the textile and detergent industries in the region are also major drivers of market growth. To take advantage of this expanding market, businesses like Novozymes and DuPont have increased the scope of their activities in the Asia-Pacific region. The need for industrial enzymes is further supported by the region's emphasis on raising animal nutrition and agricultural output.

The Latin America region's growing food & beverage, biofuel, and textile industries are driving this emerging market for industrial enzymes. Due to its large production of maize and sugarcane, which are the main raw materials for bioethanol, Brazil plays a prominent role in the market, especially when it comes to the manufacture of biofuel. The government initiatives supporting green energy and lowering greenhouse gas emissions have pushed the use of enzymes in the manufacturing of biofuels. Enzymes are used by the expanding food processing industry in the region to innovate new products and enhance quality. While the Latin American industry is still in its infancy, rising biotechnology investments and a growing consciousness of sustainable industrial practices are anticipated to propel future expansion.

The industrial enzyme market in the Middle East & Africa region is modest but expanding steadily. The need for enzymes to enhance food processing and quality is being driven by the food & beverage sector, especially in nations like South Africa, the United Arab Emirates, and Saudi Arabia. To satisfy the increasing demand from consumers for high-performance, environment-friendly cleaning solutions, the detergent industry in the region is now implementing enzyme-based formulations. The application of enzymes in animal feed has the potential to increase livestock productivity in the African agricultural sector. The Middle East & Africa region confronts obstacles such as a lack of technological infrastructure and regulatory constraints. Still, chances for the industrial enzymes market to grow are anticipated given the growing emphasis on sustainable practices and industrial growth.

Competitive Analysis

The key players in the global industrial enzymes market are BASF SE, Novozymes, Associated British Foods Plc, Chr. Hansen Holding A/S, DuPont Danisco, DSM, Novus International, Advanced Enzyme Technologies, Lesaffre, Adisseo, BioProcess Algae, LLC, and Koninklijke DSM N.V., among others.

The European Union gave its approval to the combination of Novozymes and Chr. Hansen in December 2023; the new company is called Novonesis. After that, Kerry Group came to a final agreement to buy a portion of Chr. Hansen and Novozymes' worldwide lactase business on a carve-out basis.

For the Table of Contents (TOC) of the entire report, Contact Us. We will provide you with the full TOC for the same.

The global industrial enzymes market is segmented as follows:

By Type (Revenue: USD Billion, 2019 – 2031)
●    Carbohydrases
●    Proteases
●    Phytases
●    Polymerases and Nucleases
●    Lipases
●    Others

By Source (Revenue: USD Billion, 2019 – 2031)
●    Animal
●    Plant
●    Microorganism

By Application (Revenue: USD Billion, 2019 – 2031)
●    Food & Beverage
●    Detergent
●    Animal Feed
●    Biofuel
●    Textile
●    Others

By Region (Revenue: USD Billion, 2019 – 2031)

● North America
o U.S.
o Canada
o Mexico

● Europe
o U.K.
o France
o Germany
o Italy
o Spain
o Rest of Europe

● Asia Pacific
o China
o Japan
o India
o South Korea
o South East Asia
o Rest of Asia Pacific

● Latin America
o Brazil
o Argentina
o Rest of Latin America

● Middle East & Africa
o GCC Countries
o South Africa
o Rest of Middle East & Africa