Press release
Enzymes Market: Rapid Expansion and Innovation Driving Growth to $25.88 Billion by 2029
Enzymes Market
Catering to dynamic market demands and focusing on sustainable practices, the enzymes market is projected to see significant growth in the next few years, driven by advancements in biotechnology and growing consumer preference for natural products.
What Is The Projected Market Size Of The Global Enzymes Market And Its Growth Rate?
The Enzymes Market is experiencing remarkable growth with:
• The market value standing at $13.38 billion in 2024, growing to $15.33 billion in 2025, representing a compound annual growth rate (CAGR) of 14.6%.
• Factors such as globalization, research & development investments, consumer awareness & demand, and improvements in bioprocessing technology have contributed to this growth.
• Looking ahead, the market size is predicted to surge to $25.88 billion in 2029, maintaining a CAGR of 14.0%.
• This projected growth is attributed to market demand dynamics, emphasis on sustainable practices, health & nutrition trends, advances in biofuel & renewable energy, and emerging applications.
What Is Driving The Growth In The Enzymes Market?
A rise in the prevalence of digestive disorders is identified as a major growth driver of the enzyme market. Digestive disorders, including various conditions that impact the digestive system like gastroesophageal reflux disease (GERD), cancer, irritable bowel syndrome (IBS), lactose intolerance, hiatal hernia, and gallstones, require digestive enzymes for patients' bodies to break down food into absorbable molecules. For instance, the National Center for Biotechnology Information (NCBI) reported in October 2022 that IBS prevalence ranges between 10% and 15% in the United States, with nearly 12% of patients seeking medical help for IBS-related complaints in primary care practices. Consequently, this rise in digestive disorders prevalence is propelling the enzymes market growth.
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Who Are the Key Players Driving Enzymes Market Growth?
The major players making significant contributions to the Enzymes Market include:
• Novozymes A/S
• DuPont Industrial Biosciences
• BASF SE
• Koninklijke DSM N.V.
• Chr. Hansen Holding A/S
• Roche Holding AG
• Advanced Enzyme Technologies Ltd.
• AB Enzymes GmbH
• Codexis Inc.
• Dyadic International Inc.
• Amano Enzyme Inc.
• Adisseo France SAS
• Biocatalysts Ltd.
• Enzyme Development Corporation
• Creative Enzymes
• Hayashibara Co. Ltd.
• Thermo Fisher Scientific Inc.
• Associated British Foods Plc
• Lonza Group AG
• Novus International Inc.
• Epygen Biotech
• DSM Nutritional Products AG
• Soufflet Biotechnologies SAS
• Beijing Leili Marine Bioindustry Inc.
• Jiangsu Boli Bioproducts Co. Ltd.
What Are The Key Trends In The Enzymes Market?
Key trends shaping the enzymes market include:
• Advancements in biotechnology
• Increased sustainability demands
• Growing demand in the food and beverage industry
• Expansion in industrial applications
• Rising consumer preference for natural products
What Are The Segments Of The Global Enzymes Market?
The enzymes market is segmented in the following ways:
1) By Product Type: Asparaginase, Lipase, Protease, Nattokinase, Chitinase, Serratiopeptidase, Collagenase, Ligase, Other Products
2) By Application: Leukemia, Stomach Disorders, Antitumor, Skin Ulcers, Gaucher Disease, Fabry Disease, Other Applications
3) By End User: Drug Manufacturers, Hospitals, Private Clinics, Research Laboratories
Which Region Leads The Enzymes Market?
North America was the largest region in the enzymes market in 2024. The other regions covered in the market report range from Asia-Pacific, Western Europe, Eastern Europe, South America, to the Middle East, and Africa.
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What Is Covered In The Enzymes Market Global Market Report?
- Market Size Analysis: Analyze the Enzymes Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Enzymes Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Enzymes Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Enzymes Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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