Global Transglutaminase Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2022 - 2027

Report Code: FBR 56147 Report Format: PDF + Excel

Global Transglutaminase Market Overview

Global Transglutaminase Market size is estimated to reach $275.41million by 2027, growing at a CAGR of 3.9% during the forecast period 2022-2027. Transglutaminase falls under the category of an enzyme that is accountable for the catalysis of isopeptide bond formation between the proteins. This naturally occurring enzyme is produced by a bacterium species known as streptomyces mobaraensis. Transglutaminase is also delineated as meat glue and is widely used in fish balls, crab meat, chicken nuggets, and other processed meats with an aim of enhancing the overall texture and amino acids appearance. The cross-linking properties of this food additive make it an appropriate fit for manufacturing and processing several foods such as cheese, meat, and bakery items. Besides, food production transglutaminase has a vivacious role in bodily procedures such as blood clotting and sperm production. Considering the rising popularity of such enzymes owing to their proficiency in enlarging the viscosity, water-binding capacity, and firmness of the food, the global transglutaminase market outlook is fairly fascinating. The proliferating demand for textured foods as living standards of people are enlarging, rising meat consumption and budding population are factors set to drive the growth of the Global Transglutaminase Market for the period 2022-2027.

Global Transglutaminase Market Report Coverage

The report: “Global Transglutaminase Market Forecast (2022-2027)”, by Industry ARC, covers an in-depth analysis of the following segments of the Global Transglutaminase Market.

By Type: Less than 100 U/g, 100 U/g-200 U/g, and More than 200 U/g.

By Application: Bakery items, Meat and fish processing, dairy products and others.

By Packaging: Foil bags, carton bags, Plastic bottles and Pouches.

By Distribution Channel: Offline and Online platforms.

By Geography: North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, Russia, and Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Australia & New Zealand, and Rest of Asia-Pacific), South America (Brazil, Argentina, and Rest of South America) and Rest of World (the Middle East and Africa).

Key Takeaways

  • Geographically, the Asia-Pacific transglutaminase market accounted for the highest revenue share in 2021 and is anticipated to dominate the market over the period 2022-2027.
  • Swift urbanization, changing taste and preference of people, heavy meat consumption is said to be preeminent driver driving the growth of the Global Transglutaminase Market. However, the foodborne ailments accompanied by transglutaminase are said to reduce the market growth.
  • Detailed analysis on the Strength, Weaknesses, and Opportunities of the prominent players operating in the market will be provided in the Global Transglutaminase Market report.

    Global Transglutaminase Market - Geography (%) for 2021


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Global Transglutaminase Market Segment Analysis-By Application

The Global Transglutaminase Market based on the application type can be further segmented into bakery items, meat and fish processing, dairy products, and others. The meat and fish processing segment held the largest share in 2021. The growth is owing to the heightening consumption of meat and meat-associated items. As the spread of many life-threatening illnesses is surging, many people across the globe have introduced meat as an indispensable part of their diets. Naturally occurring enzymes like transglutaminase play a significant role in assembling the remains or pieces of meat together owing to their state-of-the-art cross-linking properties. Therefore, most of the fast-food outlets add meat glue while preparing several dishes such as fish filets boneless chicken, chicken nuggets, wings, BBQ, and others. However, the dairy segment is estimated to be the fastest-growing segment with a CAGR of 4.1% over the forecast period 2022-2027. This growth is owing to heightening demand for dairy products such as cheese, yogurt, and others throughout the globe. On another hand, transglutaminase is widely used in the preparation of vegan alternatives to milk.

Global Transglutaminase Market Segment Analysis-By Packaging

The Global Transglutaminase Market based on packaging can be further segmented into foil bags, carton bags, plastic bottles, and pouches. The foil bags segment held the largest share in 2021. The growth is owing to several advantages of using them over other alternatives such as high opaqueness and well-rounded nature. Moreover, these multi-layered bags have utmost significance in enlarging the shelf life of packaged material as they are a sound oxygen barrier. On another hand, the layered materials of foil bags are itself approved (FDA) Food and Drug Administration which curves bring down doubts against their safety. Similarly, the foil bag segment is estimated to be the fastest-growing segment with a CAGR of 4.9% over the forecast period 2022-2027. This growth is owing to rising usage in creating pollutant-free films. Therefore, owing to their toxicity-free nature foil bags are safe to package products. Besides, it is one of the most cost-effective ways to package products which saves the company’s expenditure. Furthermore, the copiousness of aluminum in the earth’s crust and its better recyclable nature is another preeminent factor in the growth of the segment.

Global Transglutaminase Market Segment Analysis-By Geography

The Global Transglutaminase Market based on Geography can be further segmented into North America, Europe, Asia-Pacific, South America, and the Rest of the World. The Asia-pacific segment held the largest share with 35% of the overall market in 2021. The growth in this segment is owing to the factors such as the existence of several market players such as Ajinomoto, Leveking Biotech, and many more. The ban by other European Union countries can be a prominent factor behind Asia-Pacific’s domination in using transglutaminase. Moreover, heavy meat and seafood consumption by countries such as China, Japan, and Indonesia are also propelling the demand. According to a report, Japan, Indonesia, and China consume more than 75 million tonnes of seafood collectively. Besides seafood, pork and chicken meat are consumed on a wide scale. This growth is owing to the budding population. Around 59.7% of the world population lives in the Asian continent which is eventually escalating the demand as a large population means humongous demand for food. On another hand, the growing living standards of people are driving them toward such food texture enhancing items.

Global Transglutaminase Market Drivers

Upsurge in living standards of people is Anticipated to Boost Product Demand. 

Transglutaminase is well-known for enhancing the water-binding capacity and viscosity of food items. Therefore, the demand for such food additives has soared as overall demand for well-textured food has grown by a notch with heightening the living standards of people. On another hand, the budding population has its reasonable share in driving the demand for transglutaminase as more people means more food. There are 7.9 billion people on planet earth as of 2022. Nevertheless, the number is anticipated to reach 8-8.5 billion by 2025.

Heavy meat and dairy consumption are Expected to Boost Product Demand.

As the world is reeling under the weight of cardiovascular and other life-threatening complications the overall consumption of meat and dairy products has broadened in recent years. Therefore, to maintain a proper balance of proteins, and other nutrients global meat consumption has plunged to 350 million tons with chicken being the most favorable meat source. The figure is estimated to cross 450 million by 2050. Meat glue is widely used in sausages, chicken nuggets, shrimp meat spaghettis, and other meat processing. On another hand, augmenting demand for dairy products is another distinguished driver in the growth of the global transglutaminase market.

Global Transglutaminase Market Challenges

Food contaminations and food-borne ailments are Anticipated to Hamper Market Growth.

Transglutaminase has been a topic of debate for years as many people believe that this food additive is not safe and can set many health complications in motion. People believe that it leads to bacterial contaminations and negatively impacts people afflicted with gluten sensitivity. On another hand, meat glue can deteriorate the indications of celiac maladies by intensifying intestinal permeability. Consequently, the product has faced a ban in several parts of the world such as the European Union.

Global Transglutaminase Industry Outlook

Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the market. Global Transglutaminase top 10 companies include:

  1. Ajinomoto
  2. Pangbo Biological
  3. TFI Gmbh
  4. BDF Natural Ingredients
  5. Yiming Biological
  6. Micro-Tech Foods Ingredients
  7. Kinry
  8. Taixing Dongsheng
  9. Others
  10. Yesil Arma

Recent Developments

  • On September 14, 2020, Stabizym, an operational European division of Shanghai, China-based powder transglutaminase manufacturer “Kinry Food Ingredients” secured a patent for the preparation of liquid transglutaminase. The power or dust transglutaminase is deemed risky as it triggers an allergic reaction. Therefore, liquid transglutaminase got a nod as it cuts the hazard of workers getting an allergy.
  • On August 22, 2019, Tokyo, Japan-based food and biotechnology company “Ajinomoto” announced the successful acquisition of Ohio, United States-based food manufacturing company “More Than Gourmet.” In the acquisition, Ajinomoto acquired a 50.1% stake for an undisclosed price. Moreover, the acquisition is anticipated to expand the food solution portfolio of Ajinomoto in the North American continent.
  • On August 21, 2017, Japan-based multinational food and biotech firm “Ajinomoto” publicized that the company has successfully acquired Turkey-based food company “Kukre.” In order to bring acquisition to a close Ajinomoto made a $52.1 million payment to a Turkish firm. The transaction strengthened the portfolio Ajinomoto in the Middle East and Turkey.

Relevant Links:

Food Additives Market-Forecast (2021 – 2026)
Report Code: FBR 96740

Food Enzymes Market – Forecast (2022 - 2027)
Report Code: FBR 0027

For more Food and Beverage Market reports, please click here

1. Global Transglutaminase Market Overview
    1.1 Definitions and Scope
2. Global Transglutaminase Market - Executive Summary
3. Global Transglutaminase Market– Market Landscape
    3.1 Company Benchmarking- Key Companies
    3.2 Key Company Financial Analysis
    3.3 Market Share Analysis
    3.4 Patent Analysis-Global
    3.5 Pricing Analysis (Comparison of General Price Offerings in the Market)
4. Global Transglutaminase Market– Startup Company Scenario (Premium)
    4.1 Investment
    4.2 Revenue
    4.3 Venture Capital and Funding Scenario
5. Global Transglutaminase Market– Industry Market Entry Scenario Premium (Premium)
    5.1 Regulatory Scenario
    5.2 New Business and Ease of Doing business index-Global
    5.3 Case Studies of Successful Ventures
6. Global Transglutaminase Market- Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Porters five force model
        6.3.1 Bargaining power of suppliers
        6.3.2 Text Box: 05Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes
7. Global Transglutaminase Market– By Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle Analysis
8. Global Transglutaminase Market - By Type (Market Size –$Million/$Billion) 
    8.1 Less than 100 U/g
    8.2 100 U/g-200 U/g
    8.3 More than 200 U/g
9. Global Transglutaminase Market - By Application (Market Size –$Million/$Billion) 
    9.1 Bakery items
    9.2 Meat and Fish processing
    9.3 Dairy products
    9.4 Others
10. Global Transglutaminase Market – By Packaging (Market Size –$Million/$Billion) 
    10.1 Foil bags
    10.2 Carton bags
    10.3 Plastic bottles
    10.4 Pouches
11. Global Transglutaminase Market – By Distribution Channel (Market Size –$Million/$Billion) 
    11.1 Offline Platforms
    11.2 Online platforms
12. Global Transglutaminase Market- By Geography (Market Size -$Million/Billion)
    12.1 North America
        12.1.1 U.S
        12.1.2 Canada
        12.1.3 Mexico 
    12.2 Europe
        12.2.1 Germany
        12.2.2 France
        12.2.3 UK
        12.2.4 Italy
        12.2.5 Spain
        12.2.6 Russia
        12.2.7 Rest of Europe
    12.3 Asia-Pacific
        12.3.1 China
        12.3.2 Japan
        12.3.3 South Korea
        12.3.4 India
        12.3.5 Australia & New Zealand
        12.3.6 Rest of Asia-Pacific 
    12.4 South America
        12.4.1 Brazil
        12.4.2 Argentina
        12.4.3 Chile
        12.4.4 Colombia
        12.4.5 Rest of South America
    12.5 Rest of World
        12.5.1 Middle East
        12.5.2 Africa
13. Global Transglutaminase Market- Market Entropy
    13.1 New product launches
    13.2 M&A's, collaborations, JVs and partnerships
14. Global Transglutaminase Market– Industry Competition Landscape (Premium)
    14.1 Market Share Analysis
        14.1.1 Global Market Share – Key Companies
        14.1.2 Market Share by Region – Key Companies
        14.1.3 Market Share by Countries – Key Companies
    14.2 Competition Matrix
    14.3 Best Practices for Companies
15. Global Transglutaminase Market– Key Company List by Country Premium (Premium)
16. Global Transglutaminase Market- Company Analysis
    16.1 Company 1
    16.2 Company 2
    16.3 Company 3
    16.4 Company 4
    16.5 Company 5
    16.6 Company 6
    16.7 Company 7
    16.8 Company 8
    16.9 Company 9
    16.10 Company 10
"*Financials would be provided on a best-efforts basis for private companies"

LIST OF TABLES

1.Global Key Manufacturers Market 2019-2024 ($M)
1.1 Ajinomoto Market 2019-2024 ($M) - Global Industry Research
1.2 Yiming Biological Market 2019-2024 ($M) - Global Industry Research
1.3 Taixing Dongsheng Market 2019-2024 ($M) - Global Industry Research
1.4 Micro-Tech Foods Ingredients Market 2019-2024 ($M) - Global Industry Research
1.5 Kinry Market 2019-2024 ($M) - Global Industry Research
1.6 Pangbo Biological Market 2019-2024 ($M) - Global Industry Research
2.Global By Animal and plant tissues Market 2019-2024 ($M)
3.Global Market by Type Market 2019-2024 ($M)
3.1 Animal and plant tissues Market 2019-2024 ($M) - Global Industry Research
3.2 Microbial fermentation Market 2019-2024 ($M) - Global Industry Research
4.Global Key Manufacturers Market 2019-2024 (Volume/Units)
4.1 Ajinomoto Market 2019-2024 (Volume/Units) - Global Industry Research
4.2 Yiming Biological Market 2019-2024 (Volume/Units) - Global Industry Research
4.3 Taixing Dongsheng Market 2019-2024 (Volume/Units) - Global Industry Research
4.4 Micro-Tech Foods Ingredients Market 2019-2024 (Volume/Units) - Global Industry Research
4.5 Kinry Market 2019-2024 (Volume/Units) - Global Industry Research
4.6 Pangbo Biological Market 2019-2024 (Volume/Units) - Global Industry Research
5.Global By Animal and plant tissues Market 2019-2024 (Volume/Units)
6.Global Market by Type Market 2019-2024 (Volume/Units)
6.1 Animal and plant tissues Market 2019-2024 (Volume/Units) - Global Industry Research
6.2 Microbial fermentation Market 2019-2024 (Volume/Units) - Global Industry Research
7.North America Key Manufacturers Market 2019-2024 ($M)
7.1 Ajinomoto Market 2019-2024 ($M) - Regional Industry Research
7.2 Yiming Biological Market 2019-2024 ($M) - Regional Industry Research
7.3 Taixing Dongsheng Market 2019-2024 ($M) - Regional Industry Research
7.4 Micro-Tech Foods Ingredients Market 2019-2024 ($M) - Regional Industry Research
7.5 Kinry Market 2019-2024 ($M) - Regional Industry Research
7.6 Pangbo Biological Market 2019-2024 ($M) - Regional Industry Research
8.North America By Animal and plant tissues Market 2019-2024 ($M)
9.North America Market by Type Market 2019-2024 ($M)
9.1 Animal and plant tissues Market 2019-2024 ($M) - Regional Industry Research
9.2 Microbial fermentation Market 2019-2024 ($M) - Regional Industry Research
10.South America Key Manufacturers Market 2019-2024 ($M)
10.1 Ajinomoto Market 2019-2024 ($M) - Regional Industry Research
10.2 Yiming Biological Market 2019-2024 ($M) - Regional Industry Research
10.3 Taixing Dongsheng Market 2019-2024 ($M) - Regional Industry Research
10.4 Micro-Tech Foods Ingredients Market 2019-2024 ($M) - Regional Industry Research
10.5 Kinry Market 2019-2024 ($M) - Regional Industry Research
10.6 Pangbo Biological Market 2019-2024 ($M) - Regional Industry Research
11.South America By Animal and plant tissues Market 2019-2024 ($M)
12.South America Market by Type Market 2019-2024 ($M)
12.1 Animal and plant tissues Market 2019-2024 ($M) - Regional Industry Research
12.2 Microbial fermentation Market 2019-2024 ($M) - Regional Industry Research
13.Europe Key Manufacturers Market 2019-2024 ($M)
13.1 Ajinomoto Market 2019-2024 ($M) - Regional Industry Research
13.2 Yiming Biological Market 2019-2024 ($M) - Regional Industry Research
13.3 Taixing Dongsheng Market 2019-2024 ($M) - Regional Industry Research
13.4 Micro-Tech Foods Ingredients Market 2019-2024 ($M) - Regional Industry Research
13.5 Kinry Market 2019-2024 ($M) - Regional Industry Research
13.6 Pangbo Biological Market 2019-2024 ($M) - Regional Industry Research
14.Europe By Animal and plant tissues Market 2019-2024 ($M)
15.Europe Market by Type Market 2019-2024 ($M)
15.1 Animal and plant tissues Market 2019-2024 ($M) - Regional Industry Research
15.2 Microbial fermentation Market 2019-2024 ($M) - Regional Industry Research
16.APAC Key Manufacturers Market 2019-2024 ($M)
16.1 Ajinomoto Market 2019-2024 ($M) - Regional Industry Research
16.2 Yiming Biological Market 2019-2024 ($M) - Regional Industry Research
16.3 Taixing Dongsheng Market 2019-2024 ($M) - Regional Industry Research
16.4 Micro-Tech Foods Ingredients Market 2019-2024 ($M) - Regional Industry Research
16.5 Kinry Market 2019-2024 ($M) - Regional Industry Research
16.6 Pangbo Biological Market 2019-2024 ($M) - Regional Industry Research
17.APAC By Animal and plant tissues Market 2019-2024 ($M)
18.APAC Market by Type Market 2019-2024 ($M)
18.1 Animal and plant tissues Market 2019-2024 ($M) - Regional Industry Research
18.2 Microbial fermentation Market 2019-2024 ($M) - Regional Industry Research
19.MENA Key Manufacturers Market 2019-2024 ($M)
19.1 Ajinomoto Market 2019-2024 ($M) - Regional Industry Research
19.2 Yiming Biological Market 2019-2024 ($M) - Regional Industry Research
19.3 Taixing Dongsheng Market 2019-2024 ($M) - Regional Industry Research
19.4 Micro-Tech Foods Ingredients Market 2019-2024 ($M) - Regional Industry Research
19.5 Kinry Market 2019-2024 ($M) - Regional Industry Research
19.6 Pangbo Biological Market 2019-2024 ($M) - Regional Industry Research
20.MENA By Animal and plant tissues Market 2019-2024 ($M)
21.MENA Market by Type Market 2019-2024 ($M)
21.1 Animal and plant tissues Market 2019-2024 ($M) - Regional Industry Research
21.2 Microbial fermentation Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Global Transglutaminase Market Revenue, 2019-2024 ($M)
2.Canada Global Transglutaminase Market Revenue, 2019-2024 ($M)
3.Mexico Global Transglutaminase Market Revenue, 2019-2024 ($M)
4.Brazil Global Transglutaminase Market Revenue, 2019-2024 ($M)
5.Argentina Global Transglutaminase Market Revenue, 2019-2024 ($M)
6.Peru Global Transglutaminase Market Revenue, 2019-2024 ($M)
7.Colombia Global Transglutaminase Market Revenue, 2019-2024 ($M)
8.Chile Global Transglutaminase Market Revenue, 2019-2024 ($M)
9.Rest of South America Global Transglutaminase Market Revenue, 2019-2024 ($M)
10.UK Global Transglutaminase Market Revenue, 2019-2024 ($M)
11.Germany Global Transglutaminase Market Revenue, 2019-2024 ($M)
12.France Global Transglutaminase Market Revenue, 2019-2024 ($M)
13.Italy Global Transglutaminase Market Revenue, 2019-2024 ($M)
14.Spain Global Transglutaminase Market Revenue, 2019-2024 ($M)
15.Rest of Europe Global Transglutaminase Market Revenue, 2019-2024 ($M)
16.China Global Transglutaminase Market Revenue, 2019-2024 ($M)
17.India Global Transglutaminase Market Revenue, 2019-2024 ($M)
18.Japan Global Transglutaminase Market Revenue, 2019-2024 ($M)
19.South Korea Global Transglutaminase Market Revenue, 2019-2024 ($M)
20.South Africa Global Transglutaminase Market Revenue, 2019-2024 ($M)
21.North America Global Transglutaminase By Application
22.South America Global Transglutaminase By Application
23.Europe Global Transglutaminase By Application
24.APAC Global Transglutaminase By Application
25.MENA Global Transglutaminase By Application