The Global Microbial Transglutaminase Market was valued at USD 82.98 million in 2018 and is expected to grow at 9.9%, over the forecast period 2021–2026.

Microbial Transglutaminase Market 2021

Microbial transglutaminase is an enzyme, which is widely used in food processing industry to improve food quality and extended shelf life. In the last decade, novel applications of transglutaminase have emerged in tissue engineering, textiles & leather processing and other applications. Growing demand of microbial transglutaminase in improving food flavor, appearance and texture has benefited the growth of the market. In many countries, food processing sector is a prime contributor to the economy. Increasing demand of meat, fish and bakery products are positively impacting the growth of the market.

The discovery of microbial transglutaminase-producing strains has revolutionized applications in the food processing industry. Various food sectors such as meat, fish, dairy, and bakery drive the demand for transglutaminase due to its easy availability and cost-efficiency. In the milk industry, it is used to improve the texture of milk and increase output by 15–25%. The dairy industry is a big contributor to market growth; around 600 million tonnes of milk is produced every year, as per the FAO.

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The Major Manufacturers Covered in this Report:
Ajinomoto, C & P Group GmbH, Micro-Tech Foods Ingredients, Inc., BDF Natural Ingredients., Jiangsu Yiming Biological Technology Limited., Taixing Dongsheng Bio-Tech Co., Ltd., Kinry Biotech Sdn Bhd., Rama Production Co., Ltd. (ProtiAct), and Stabizyme GmbH. and more...

Years that have been considered for the study of this report are as follows:

History Year: 2015-2019
Base Year: 2019
Estimated Year: 2020
Forecast Year: 2021 to 2029

Market Segmentation:

By Source

Streptomyces Mobaraense
Streptoverticillium Griseocarneum
Streptoverticillium Hygroscopicus
Other Sources

By Application

Food Processing Industries
Seafood
Surimi Products
Meat Products
Other Food Processing Industries
Bakery Products
Dairy Products
Textile
Other Applications

Regional Segmentation:

North America (The US, Canada, and Mexico)
Europe (Germany, France, the UK, and Rest of the World)
Asia Pacific (China, Japan, India, and Rest of Asia Pacific)
Latin America (Brazil and Rest of Latin America.)
Middle East & Africa (Saudi Arabia, the UAE, South Africa, and Rest of Middle East & Africa)

Additionally, the analysis also delivers a comprehensive review of the crucial players on the Microbial Transglutaminase Market along with their company profiles, SWOT analysis, latest advancement and business plans.

The analysis objectives of the report are:

To equitably share in-depth info regarding the crucial elements impacting the increase of industry (growth capacity, chances, drivers and industry specific challenge and risks).
To know the Microbial Transglutaminase Market by pinpointing its many sub segments.
To profile the important players and analyze their growth plans.
To endeavor the amount and value of the Microbial Transglutaminase Market sub-markets, depending on key regions (various vital states).
To analyze the Global Microbial Transglutaminase Market concerning growth trends, prospects and also their participation in the entire sector.
To examine and study the Global Microbial Transglutaminase Market size (volume and value) form the company, essential regions/countries, products and applications, background information and also predictions.
Primary worldwide Global Microbial Transglutaminase Market manufacturing companies, to specify, clarify and analyze the product sales amount, value and market share, market rivalry landscape, SWOT analysis and development plans for the next coming years.
To examine competitive progress such as expansions, arrangements, new product launches and acquisitions on the market.

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This release was published on openPR.