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Rising Demand In The Food And Beverage Industry Drives Growth In The Industrial Enzymes Market Driver: A Major Catalyst in the Evolution of the Industrial Enzymes Market in 2025
Industrial Enzymes Market Forecast
In recent times, the industrial enzymes market has seen significant expansion. The market is projected to grow from $7.19 billion in 2024 to $7.72 billion in 2025, reflecting a compound annual growth rate (CAGR) of 7.4%. The historic period's growth is attributed to factors such as rising consumer demand for natural and sustainable goods, advancements in enzyme technology, fluctuating lifestyle-induced demand for food and beverage processing, and heightened awareness about nutrition and health among consumers.
The market size for industrial enzymes is projected to experience robust expansion in the forthcoming years, reaching a value of $10.14 billion in 2029 with a CAGR of 7.1%. Factors contributing to this growth during the forecast period include an escalation in industrial applications, enhancement of the nutritional content of food items, rising demand for eco-friendly and renewable solutions, along with advancements in technology. Key trends for the forecasted timeline include technological progressions, evolution of these technologies, debut of novel products and services, and breakthroughs in enzyme engineering.
What Is Stimulating Growth in the Industrial Enzymes Market?
The escalation in demand attributable to the food and beverage industry is projected to boost the growth of the market for industrial enzymes. The industry includes all concerns related to the production, processing, packaging, distribution, and sales of food and beverage products. Factors contributing to the growth of this industry include shifts in consumer tastes, globalization, technological progress, e-commerce, health and fitness trends, sustainability drives, and regulatory elements. Industrial enzymes play a crucial role in improving a product's quality, longevity, cost-effectiveness, and clean labelling in the food and beverages sector. For example, a media article published by Convenience, an American institution, stated that in 2022, the total foodservice sales, encompassing prepared meals, commissary goods, and dispensed drinks, made up 25.6% of in-store transactions. This percentage increased to 26.9% in 2023. Hence, the growing demand from the food and beverage sector is facilitating the growth of the market for industrial enzymes.
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Who Are the Major Industry Players Fueling Industrial Enzymes Market Expansion?
Major companies operating in the industrial enzymes market are Advanced Enzyme Technologies Limited, BASF SE, Roche Holding AG, Associated British Foods plc, DuPont de Nemours Inc., Kerry Group plc, DSM Nutritional Products AG, Novozymes A/S, Lallemand Inc., Chr. Hansen Holding A/S, Novus International Inc., Jiangsu Boli Bioproducts Co. Ltd., Amano Enzyme Inc., BBI Solutions, AB Enzymes GmbH, Biocatalysts Ltd., Enzyme Supplies Limited, Enzyme Development Corporation, Dyadic International Inc., Longda Bio-products Co. Ltd., Maps Enzymes Ltd.
Which Key Developments Are Influencing the Industrial Enzymes Market?
Key players in the industrial enzymes industry are striving to maintain their edge by introducing innovative technologies, like highly efficient cellulase enzymes, into their product portfolio. This superior cellulase enzyme is a specially developed combination of ere*xpressed cellulase components that can convert cellulose into fermentable sugars more efficiently and at a more affordable enzyme cost. For example, in May 2024, a new range of enzyme concentrates named ECL3000 was unveiled by Bionetix International, a biopharmaceutical firm based in Canada. This series of enzymes is targeted at cellulose, a intricate carbohydrate found in plant cell walls and common items such as food, clothes, and paper. ECL3000, a high-efficiency cellulase enzyme, is sourced from non-pathogenic fungi and exhibits impressive capabilities, assisting in the decomposition of cellulose into smaller sugars like glucose.
How Is the Segmentation of the Industrial Enzymes Market Defined?
The industrial enzymes market covered in this report is segmented -
1) By Type: Carbohydrases, Proteases, Phytases, Polymerases And Nucleases, Lipases, Other Types
2) By Form: Liquid, Dry
3) By Source: Plant, Animal, Micro-Organism
4) By Application: Food Processing, Animal Feed, Healthcare, Textiles, Leather Processing, Detergents And Cleaners, Bio-Fuel, Other Applications
Subsegments:
1) By Carbohydrases: Amylases, Cellulases, Glucanases, Xylanases
2) By Proteases: Alkaline Proteases, Acid Proteases, Neutral Proteases
3) By Phytases: 3-Phytase, 6-Phytase, 5-Phytase
4) By Polymerases And Nucleases: DNA Polymerases, RNA Polymerases, Restriction Endonucleases, Exonucleases
5) By Lipases: Fungal Lipases, Bacterial Lipases, Animal Lipases
6) By Other Types: Laccases, Peroxidases, Pectinases, Chitinases, Glucosidases
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What Is the Leading Region in the Industrial Enzymes Market?
North America was the largest region in the industrial enzymes market in 2024. The regions covered in the industrial enzymes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Industrial Enzymes Global Market Report?
- Market Size Analysis: Analyze the Industrial Enzymes Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Industrial 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 Industrial Enzymes Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Industrial Enzymes Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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