Transglutaminase Market 2022 - 2030: Growing Demand for Enzymes in Food and Pharmaceutical Industry Fueling Market Growth

Global transglutaminase market was valued at US$ 474.1 Mn in 2021, growing at an estimated CAGR of 7.5% over the forecast period. The food industry is one of the major consumers of transglutaminase, as it is used in the production of various processed meat products such as sausages, ham, and fish sticks. In the pharmaceutical industry, transglutaminase is used for wound healing and as a blood clotting agent. The growing demand for transglutaminase in these industries is expected to drive the market growth in the coming years.

Transglutaminase, also known as meat glue, is an enzyme used in food and pharmaceutical industries to bind proteins together. The use of transglutaminase results in improvement of texture, increased water retention, and extended shelf life of food products. The global transglutaminase market is expected to grow at a steady pace in the coming years, owing to the increasing demand for processed food and pharmaceutical products.

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In terms of regional analysis, Asia-Pacific is expected to be the largest market for transglutaminase, due to the presence of a large number of food processing industries and an increasing demand for processed food products in the region. The growth of the pharmaceutical industry in the region is also expected to contribute to the market growth. Europe and North America are also expected to experience steady growth, owing to the presence of established food and pharmaceutical industries in these regions.

In terms of competition, the transglutaminase market is highly fragmented, with a large number of players operating in the market. Major players in the market include Ajinomoto, CP Kelco, GTP, and DSM. These players are focused on expanding their product portfolios and increasing their market presence through collaborations and partnerships.

In conclusion, the global transglutaminase market is expected to grow at a steady pace in the coming years, owing to the increasing demand for processed food and pharmaceutical products. The growth of the food and pharmaceutical industries in the Asia-Pacific region is expected to drive the market growth. The increasing demand for transglutaminase and the growing competition among market players are expected to provide ample opportunities for market growth in the coming years.

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Key Players Influencing the Transglutaminase Market:
Foodchem International Corporation
Guangdong Kelong Biotechnology., Ltd
Haihang Industry
Jiangsu Yiming Biological Technology Co. Ltd
Kinry Biotech Sdn Bhd
Micro-Tech Food Ingredients, Inc.
R&D Systems, Inc
Ultreze Enzymes Pvt. Ltd
Yesil Arma
Other Market Participants

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Study Objectives of this Report:
Detailed overview of market.
Changing market dynamics of the industry.
In-depth market segmentation by Type, Application etc.
Historical, current and projected market size in terms of volume and value.
Recent industry trends and developments.
Competitive landscape of market.
Strategies of key players and product offerings.
Potential and niche segments/regions exhibiting promising growth.
A neutral perspective towards market performance.
Market players' information to sustain and enhance their footprint.

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Global Transglutaminase Market:

By Type
Tissue Transglutaminase
Microbial Transglutaminase (mTG)

By Range
Below 50 u/g
51 u/g - 100 u/g
Above 100 u/g

By Application
Food Industry
Textile
Leather Processing
Biotechnology
Others

By Region
North America [U.S., Canada, Mexico]
Europe [Germany, UK, France, Italy, Rest of Europe]
Asia-Pacific [China, India, Japan, South Korea, Southeast Asia, Australia, Rest of Asia Pacific]
South America [Brazil, Argentina, Rest of Latin America]
Middle East & Africa [GCC, North Africa, South Africa, Rest of the Middle East and Africa]

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