Global Industrial Enzyme Markets: Innovation, Impact, And Growth
Report Metric |
Details |
Base year considered |
2023 |
Forecast period considered |
2024-2029 |
Base year market size |
$7.4 billion |
Market size forecast |
$10.8 billion |
Growth rate |
CAGR of 6.5% for the forecast period of 2024-2029 |
Segments covered |
Type, Application, Source, Region |
Regions covered |
North America, Europe, Asia-Pacific, Rest of the World |
Countries covered |
U.S., Canada, Mexico, China, Japan, India, South Korea, Australia, Germany, France, Italy, Spain, U.K. |
Market drivers |
. New Application Areas . Growing Demand for Food Enzymes |
Interesting facts:
Advances in enzyme design now leverage machine learning to enhance enzyme engineering. Enzyme applications are expanding beyond food and beverages into industries like biofuels, cosmetics, pharmaceuticals, and nutraceuticals.
The report addresses the following questions:
What is the projected market size and growth rate?The industrial enzyme market is projected to grow from $7.4 billion in 2023 to $10.8 billion by the end of 2029 at a CAGR of 6.5% during the forecast period.
What are the factors driving the growth of the market?
The market's growth is driven by the increasing demand for enzymes in the food and beverage sector and expanding application areas of enzymes.
What market segments are covered in the report?
The market is segmented by type, application, source, and region.
Which type of industrial enzyme will be dominant through 2029?
The carbohydrases segment will dominate the market through 2029.
Which region has the highest market share?
North America holds the highest market share.
Market leaders include:
-
AB ENZYMES
ADM
ADVANCED ENZYME TECHNOLOGIES
AJINOMOTO CO. INC.
AMANO ENZYME INC.
AUMGENE BIOSCIENCES
BASF
BIOCATALYSTS
CARGILL INC.
CREATIVE ENZYMES
DSM-FIRMENICH
ENZYME DEVELOPMENT CORP.
INTERNATIONAL FLAVORS & FRAGRANCES INC.
KERRY GROUP PLC
NOVOZYMES A/S
Related reports:
2024 Protein Synthesis Research Review: The 2024 Protein Synthesis Research Review highlights the latest breakthroughs in genetic translation, synthetic biology, and drug development. It showcases innovative technologies and research shaping the future of protein engineering and biomedical applications.
Commercial Amino Acids: Commercial amino acids are essential building blocks used across industries such as food, pharmaceuticals, and animal nutrition. Their growing demand is driven by health trends, dietary supplements, and advances in biomanufacturing.
Purchase a copy of the report direct from BCC Research.
For further information on any of these reports or to make a purchase, contact [email protected] .
About BCC Research
BCC Research market research reports provide objective, unbiased measurement and assessment of market opportunities. Our experienced industry analysts' goal is to help you make informed business decisions free of noise and hype.
Contact Us
Corporate HQ: 50 Milk St., Ste. 16, Boston, MA 02109, USA
Email: [email protected]
Phone: +1 781-489-7301
For media inquiries, email [email protected] or visit our media page for access to our market research library.
Any data and analysis extracted from this press release must be accompanied by a statement identifying BCC Research LLC as the source and publisher.
Logo -
SOURCE BCC Research LLC
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE? 440k+Newsrooms &
Influencers 9k+
Digital Media
Outlets 270k+
Journalists
Opted In GET STARTED

Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research

- Japan Ultrasound Devices Market Size Worth USD 887.0 Million By 2033 CAGR Of 5.4%
- Ecosync & Carboncore Launch Full Stages Refi Infrastructure Linking Carbon Credits With Web3
- Latin America Mobile Payment Market To Hit USD 1,688.0 Billion By 2033
- United States Lubricants Market Growth Opportunities & Share Dynamics 20252033
- Japan Smart Cities Market Size Is Expected To Reach USD 286.6 Billion By 2033 CAGR: 14.6%
- Blackrock Becomes The Second-Largest Shareholder Of Freedom Holding Corp.
Comments
No comment