Technical Enzymes Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2022-2027

Report Code: FBR 23914 Report Format: PDF + Excel

Technical Enzymes Market Overview

The Technical Enzymes Market size is estimated to reach $1.52 billion by 2027. Furthermore, it is poised to grow at a CAGR of 4.16% over the forecast period of 2022-2027. In the food sector, technical enzymes are primarily employed to break carbs, lipids, and proteins. Technical enzymes are commonly employed as bulk enzymes in a variety of sectors, including pulp and paper, textiles, and detergents; however, they are also used in the synthesis of organic goods and biofuels. Amylases, lipases, proteases, xylanases, catalases, and cellulases are among the commercially available technical enzymes employed. It is also utilized in the manufacture and processing of textiles. The primary drivers driving the market's growth are rising environmental concerns and technological advancement. Moreover, increased expenditure in the food, beverage, and pharmaceutical industries, as well as the expansion of R&D activities, would boost overall market demand for Technical Enzymes from 2022 to 2027. The outbreak of the COVID-19 pandemic has caused manufacturers to rethink and modify their policies. This pandemic has had a significant negative influence on the enzyme industry, and the COVID-19 aftereffect will also slow the industry's expansion. However, due to the rising prevalence of Corona Virus in the population and the worldwide lockdown, corporations have begun to close their doors. During the continuing tragedy, the technical enzyme market is experiencing a labor scarcity as well as supply chain interruption.

Technical Enzymes Market Report Coverage

The report: Technical Enzymes Market Forecast (2022-2027)", by Industry ARC covers an in-depth analysis of the following segments of the Technical Enzymes Industry.

By Source - Microorganism, Plant, Animal.

By Product Type - Amylases, Cellulases, Proteases, Lipases, and Others.

By Form - Liquid, Dry.

By Application - Biofuel, Starch, Textiles & Leather, Paper & Pulp, and Others.

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

Key Takeaways

  • Geographically, owing to the creation of unique and superior performing items, cost-effective alternatives, and improved technology, North America dominates the Technical Enzymes Market in 2021. The high consumption in US industries is linked to increased knowledge of green technologies that solve environmental challenges, increased productivity, and higher product value, resulting in growth in the research and development sector as well as technical enzyme-based companies.
  • Moreover, increased expenditure in the food, beverage, and pharmaceutical industries, as well as the expansion of R&D activities, would boost overall market demand for Technical Enzymes from 2022 to 2027. However, high capital cost allocation with an experienced human resources team impedes the growth parameters.
  • A detailed analysis of strengths, weaknesses, opportunities, and threats will be provided in the Technical Enzymes Market Report.

    Technical Enzymes Market- Geography (%) for 2021.


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Technical Enzymes Market Segmentation Analysis-By Product Type

The Technical Enzymes market based on product type can be further segmented into Amylases, Cellulases, Proteases, Lipases, and others. Amylases have a large part of the global market share in 2021. Amylases are enzymes that catalyze the conversion of starch to sugars. They are one of the most commonly employed enzymes in the industry to hydrolyze starch molecules into polymers made up of glucose units. Amylase breaks down polysaccharides (carbohydrates) into disaccharides and, eventually, monosaccharides like glucose. There are three types: alpha-amylase, beta-amylase, and gamma-amylase; all three are glycoside hydrolases that aid in the breakdown of starch by acting on glycosidic bonds to form short-chain sugars. During the forecast period, these factors are projected to augment amylase enzymes.

However, the proteases is projected to increase at a CAGR of 4.7% from 2022 to 2027. Protease is a catalyst utilized in the proteolysis process and is mostly used in the dairy sector, whereas lipases are lipid and fat hydrolysis catalyst enzymes. The detergent industry's increasing use of protease would fuel the segment's expansion. Proteases hold the largest market share, which is projected to continue during the projection period. This is due to the fact that it is increasingly used in beverages, foods, medications, and detergents. The market will see increased demand from a variety of industries in the coming years. Bioethanol, paper and pulp, starch processing, and the textile and leather industries are among them.

Technical Enzymes Market Segmentation Analysis-By Application

The Technical Enzymes market based on the application can be further segmented into Biofuel, Starch, Textiles & Leather, Paper & Pulp, and Others. In 2021, the biofuel industry is predicted to lead the global market in terms of value, based on industry. Biofuel consumption has increased in many industrialized countries as a result of consumer demand for an alternative to gasoline for reducing hazardous auto and industrial emissions. As per IEA reports, the global biofuel demand has touched 157 billion liters and has been growing at a pace of 5%, from the last decade. Enzymes have been utilized to convert biomass into biofuels because they overcome many of the limitations associated with using standard chemicals as biofuel catalysts. Enzymes are a safer alternative to MTBE (methyl tert-butyl ether), which is used to oxygenate gasoline but is harmful to human health.

However, during the forecast period 2022-2027, the starch market is anticipated to account for the greatest share growing at a CAGR of 4.9%. Enzymes are used in starch processing to help them particularly react with carbohydrate components in starch, allowing them to retain moisture more effectively and extend shelf life. In addition, enzymes can quickly lower the viscosity of starch slurries, making them easier to handle and process. They also help to reduce the number of pH chemicals (acidifiers) used in starch processing by helping to attenuate the pH, which aids in breaking down the big starch molecules into smaller molecules needed for liquefaction.

Technical Enzymes Market Segmentation Analysis-By Geography

The Technical Enzymes market based on Geography can be further segmented into North America, Europe, Asia-Pacific, South America, and the rest of the World. In 2021, North America dominated the Technical Enzymes Market, accounting for 35% of the market. The region has a high level of understanding of the different advantages of technological enzymes. For example, there are more cost-effective and ecologically friendly alternatives to typical alkaline or organic acid catalysts. In addition, recent technological advancements have made technical enzymes available for a wide range of applications in biofuels, paper and pulp, textile and leather, starch processing, and other industries. In 2021, 66.3 billion liters/year was being demanded by North America in terms of biofuel, which made up to 42.3% of the global demand.

Furthermore, North America has a well-developed industrial infrastructure, which is projected to offer lucrative growth opportunities to marketers in the projected period of 2022-2027. Owing to the creation of new and better-performing items, evolving technology, and global industrialization, North America is poised to remain the largest market for technical enzymes globally. On the global industrial enzyme market, the U. S. is a leader.

Technical Enzymes Market Drivers  

Food processing consumption is projected, propelling the market growth

The global population's purchasing power drives the food processing market demand. The rising demand for better food, safer production procedures, and improved nutritional value is also owing to enhanced buyer health awareness. Growing customer desire for higher-quality meals with more natural flavor and taste has become a common occurrence. These enzymes operate as catalysts in metabolic reactions by assisting in the degradation of vitamins and nutrients and the interconversion of big molecules into smaller molecules. Food enzymes such as amylase, cellulase, xylanase, pectinase, protease, lipase, glucosyltransferase, arabinanase, polygalacturonase, chymosin, and beta-glucanase have become a key components of the worldwide technical enzymes market.

The market is being driven by rising environmental concerns, followed by technological advancements. 

Some of the factors driving the growth of the Technical Enzymes Market are rising environmental concerns and an increase in demand for biofuel. Moreover, enzymes have been utilized to convert biomass into biofuels, as they eliminate many of the limitations associated with the use of classical chemicals as biofuel catalysts, which is expected to boost the market growth. Technical enzymes have become available for a wide range of applications in biofuel, paper & pulp, textile & leather, starch processing, and other industries as a result of technological breakthroughs. Furthermore, advancements in biotechnology are fuelling the growth of the Technical Enzymes Market.

Technical Enzymes Market Challenges

The high cost of enzymes and the rise of health issues are factors impeding the market growth.

The market's expansion is being hampered by the high cost of enzymes and the rise of health issues such as allergies. Furthermore, during the projected period 2022-2027, increased competition among raw material suppliers of technical enzymes may constrain market expansion. Leading players are focused on strategic cooperation in order to acquire a competitive advantage. Furthermore, they are boosting their investments in product innovation in order to entice customers.

Technical Enzymes Industry Outlook

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

  1. BASF
  2. DuPont
  3. Associated British Foods
  4. Novozymes
  5. DSM
  6. Dyadic International
  7. Advanced Enzymes Technologies
  8. Epygen Labs
  9. Megazyme
  10. Aumgene Biosciences.

Recent Developments

  • In November 2020, Researchers discovered a new enzyme, closely related to the CSyGT family of enzymes involved in producing cellulose in plant cell walls. Unexpectedly, they found the new enzyme is responsible for a key step in the biosynthesis of saponins, bioactive products with high-value applications in medicine and the food industry. The new enzyme opens novel routes for the commercial production of these valuable compounds in microbial cells.
  • In July 2021, a Group of Stanford Researchers developed a tool that would speed up the study of enzymes. The device has been named HT-MEK which would replace laborious processes, which involved purifying enzymes that have traditionally involved engineering bacteria to produce a particular enzyme, growing them in large beakers, bursting open the microbes, and then isolating the enzyme of interest from all the other unwanted cellular components. The technology has been developed by the integration of labs of Fordyce and Herschlag.
  • In August 2021, Digzyme, a Tokyo-based start-up has announced a computer-aided enzyme discovery technology that would support the bio-production of useful compounds. Digzyme’s disruption in silico methods reduces the number of experiments, cost, and time required for enzyme discovery. They can replace environmentally hazardous organic synthesis processes that depend on petroleum to bio-production.

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1. Technical Enzymes Market Overview
    1.1 Definitions and Scope
2. Technical Enzymes Market Executive Summary
3. Technical Enzymes Market Landscape
    3.1 Company Benchmarking- Key Companies
    3.2 Key Company Financial Analysis
    3.3 Market Share Analysis
    3.4 Patent Analysis
    3.5 Pricing Analysis (General Price Offerings within the Market)
4. Technical Enzymes Market - Startup companies Scenario Premium Premium
    4.1 Key startup company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Application Analysis
        4.1.4 Venture Capital and Funding Scenario
5. Technical Enzymes Market - Industry Market Entry Scenario Premium Premium
    5.1 Regulatory Scenario
    5.2 New Business and Ease of Doing business index
    5.3 Case Studies of successful ventures
6. Technical Enzymes Market Forces
    6.1 Market Drivers
    6.2 Market Constraints/Challenges
    6.3 Porters Five Force Model
        6.3.1 Bargaining Power of Suppliers
        6.3.2 Bargaining Powers of Customers
        6.3.3 Threat of New Entrants
        6.3.4 Rivalry Among Existing Players
        6.3.5 Threat of Substitutes
7. Technical Enzymes Market Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle
8. Technical Enzymes Market- By Sources (Market Size -$Million/$Billion)
    8.1 Microorganisms
    8.2 Plant
    8.3 Animal
9. Technical Enzymes Market- By Product Type (Market Size -$Million/$Billion)
    9.1 Amylases
    9.2 Cellulases
    9.3 Proteases
    9.4 Lipases
    9.5 Others
10. Technical Enzymes Market- By Form (Market Size -$Million/$Billion)
    10.1 Liquid
    10.2 Dry
11. Technical Enzymes Market- By Application (Market Size -$Million/$Billion)
    11.1 Biofuel
    11.2 Starch Processing
    11.3 Textiles & Leather
    11.4 Paper & Pulp
    11.5 Others
12. Technical Enzymes 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 U.K.
        12.2.2 Germany
        12.2.3 Italy
        12.2.4 France
        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 Australia
        12.3.3 Japan
        12.3.4 South Korea
        12.3.5 India
        12.3.6 Rest of Asia-Pacific
    12.4 South America
        12.4.1 Brazil
        12.4.2 Argentina
        12.4.3 Others
    12.5 Rest of the World
        12.5.1 Middle East
        12.5.2 Africa
13. Technical Enzymes Market Entropy
14. Technical Enzymes Market- Industry/Segment Competition landscape Premium Premium
    14.1 Market Share Analysis
        14.1.1 Market Share by Country- Key companies
        14.1.2 Market Share by Region- Key companies
        14.1.3 Market Share at Global Level- Key companies
    14.2 Competition Matrix
    14.3 Best Practices for Companies
15. Technical Enzymes Market- Key Company List by Country Premium Premium
16. Technical Enzymes Market Company Analysis
    16.1 Company Revenue, Products, M&A, Developments
    16.2 Company 1
    16.3 Company 2
    16.4 Company 3
    16.5 Company 4
    16.6 Company 5
    16.7 Company 6
    16.8 Company 7
    16.9 Company 8
    16.10 Company 9
    16.11 Company 10
"*Financials for private companies would be provided on a best efforts basis”.

LIST OF TABLES

1.Global Technical Enzymes, By Type Market 2019-2024 ($M)
1.1 Amylase Market 2019-2024 ($M) - Global Industry Research
1.2 Cellulases Market 2019-2024 ($M) - Global Industry Research
1.3 Protease Market 2019-2024 ($M) - Global Industry Research
1.4 Lipase Market 2019-2024 ($M) - Global Industry Research
2.Global Technical Enzymes, By Type Market 2019-2024 (Volume/Units)
2.1 Amylase Market 2019-2024 (Volume/Units) - Global Industry Research
2.2 Cellulases Market 2019-2024 (Volume/Units) - Global Industry Research
2.3 Protease Market 2019-2024 (Volume/Units) - Global Industry Research
2.4 Lipase Market 2019-2024 (Volume/Units) - Global Industry Research
3.North America Technical Enzymes, By Type Market 2019-2024 ($M)
3.1 Amylase Market 2019-2024 ($M) - Regional Industry Research
3.2 Cellulases Market 2019-2024 ($M) - Regional Industry Research
3.3 Protease Market 2019-2024 ($M) - Regional Industry Research
3.4 Lipase Market 2019-2024 ($M) - Regional Industry Research
4.South America Technical Enzymes, By Type Market 2019-2024 ($M)
4.1 Amylase Market 2019-2024 ($M) - Regional Industry Research
4.2 Cellulases Market 2019-2024 ($M) - Regional Industry Research
4.3 Protease Market 2019-2024 ($M) - Regional Industry Research
4.4 Lipase Market 2019-2024 ($M) - Regional Industry Research
5.Europe Technical Enzymes, By Type Market 2019-2024 ($M)
5.1 Amylase Market 2019-2024 ($M) - Regional Industry Research
5.2 Cellulases Market 2019-2024 ($M) - Regional Industry Research
5.3 Protease Market 2019-2024 ($M) - Regional Industry Research
5.4 Lipase Market 2019-2024 ($M) - Regional Industry Research
6.APAC Technical Enzymes, By Type Market 2019-2024 ($M)
6.1 Amylase Market 2019-2024 ($M) - Regional Industry Research
6.2 Cellulases Market 2019-2024 ($M) - Regional Industry Research
6.3 Protease Market 2019-2024 ($M) - Regional Industry Research
6.4 Lipase Market 2019-2024 ($M) - Regional Industry Research
7.MENA Technical Enzymes, By Type Market 2019-2024 ($M)
7.1 Amylase Market 2019-2024 ($M) - Regional Industry Research
7.2 Cellulases Market 2019-2024 ($M) - Regional Industry Research
7.3 Protease Market 2019-2024 ($M) - Regional Industry Research
7.4 Lipase Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Technical Enzymes Market Revenue, 2019-2024 ($M)
2.Canada Technical Enzymes Market Revenue, 2019-2024 ($M)
3.Mexico Technical Enzymes Market Revenue, 2019-2024 ($M)
4.Brazil Technical Enzymes Market Revenue, 2019-2024 ($M)
5.Argentina Technical Enzymes Market Revenue, 2019-2024 ($M)
6.Peru Technical Enzymes Market Revenue, 2019-2024 ($M)
7.Colombia Technical Enzymes Market Revenue, 2019-2024 ($M)
8.Chile Technical Enzymes Market Revenue, 2019-2024 ($M)
9.Rest of South America Technical Enzymes Market Revenue, 2019-2024 ($M)
10.UK Technical Enzymes Market Revenue, 2019-2024 ($M)
11.Germany Technical Enzymes Market Revenue, 2019-2024 ($M)
12.France Technical Enzymes Market Revenue, 2019-2024 ($M)
13.Italy Technical Enzymes Market Revenue, 2019-2024 ($M)
14.Spain Technical Enzymes Market Revenue, 2019-2024 ($M)
15.Rest of Europe Technical Enzymes Market Revenue, 2019-2024 ($M)
16.China Technical Enzymes Market Revenue, 2019-2024 ($M)
17.India Technical Enzymes Market Revenue, 2019-2024 ($M)
18.Japan Technical Enzymes Market Revenue, 2019-2024 ($M)
19.South Korea Technical Enzymes Market Revenue, 2019-2024 ($M)
20.South Africa Technical Enzymes Market Revenue, 2019-2024 ($M)
21.North America Technical Enzymes By Application
22.South America Technical Enzymes By Application
23.Europe Technical Enzymes By Application
24.APAC Technical Enzymes By Application
25.MENA Technical Enzymes By Application
26.E. I. Du Pont De Nemours And Company, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Associated British Food Plc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Koninklijke Dsm N V, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Novozymes A/S, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Dyadic International Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Advanced Enzyme Technology Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Map Enzyme Limited, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Epygen Lab Fz Llc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Megazyme, Sales /Revenue, 2015-2018 ($Mn/$Bn)