Industrial Enzymes Market 2030: Predictions for the Next Decade of Growth

Industrial Enzymes Market Size & Trends

The global industrial enzymes market size was estimated at USD 7.42 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 6.3% from 2024 to 2030. Increasing global consumption of bakery products and fruit juices is expected to fuel the demand for industrial enzymes. This factor is anticipated to contribute to the growth of the industry in the coming years. Industrial enzymes are frequently used in food and beverage sector to increase product quality and shelf life. They are utilized in brewing and baking processes, as well as in dairy, starch, and sugar products that people regularly consume in large quantities. They are employed in baking applications to provide flour or dough particular qualities. They help in reducing protein content of flour in biscuits and crackers, while their usage in bread enhances or standardizes its quality and guarantees uniform browning.

Industrial enzymes are extensively used in food & beverage industry and since food is a basic necessity, the demand for the product expands constantly at a brisk pace. Moreover, growing worldwide population is also projected to boost market growth. By 2050, the world population is expected to exceed 9.7 billion, and by 2100, it may be close to 11 billion, according to United Nations Department of Economic and Social Affairs (UN DESA). Such factors are anticipated to prosper global industry demand over the forecast period.

Gather more insights about the market drivers, restrains and growth of the Global Industrial Enzymes Market

Product Insights

The carbohydrase segment dominated the market with the highest revenue share of 48.34% in 2023. This is attributable to its increasing use in numerous industries including animal feed, pharmaceuticals, and food & beverages among others. It is mainly used as a catalyst for converting carbohydrates into sugar syrup such as fructose and glucose which are further used in pharmaceutical and food & beverage industries. It is used for manufacturing artificial sweeteners and prebiotic products such as isomaltose for juices and wines.

Application Insights

The food and beverage segment dominated the market with the highest revenue share of 21.05% in 2023. This is attributable to increasing utilization of enzymes in production of food and beverage items. Cheese processing, vegetables and fruits processing, oils and fats processing, grain processing, and various other food processing sectors like baking, dairy, and brewing employ both customized enzyme solutions and proprietary enzyme products. Food and beverage sector predominantly uses proteases, lipases, and carbohydrases.

Source Insights

The microorganisms segment dominated the market with the highest revenue share of 85.49% in 2023. This is attributable to low production cost and easy availability of microorganisms to enzyme manufacturers. Enzymes derived from microorganisms can be classified into three groups: bacterial, fungal, and yeast enzymes. The majority of these products are employed in detergent, food, and medicinal applications.

Regional Insights

North America dominated the market with the highest revenue share of 37.65% in 2023. This is attributable to a prominent market for industrial enzymes due to strong presence of various end-use companies in food & beverage, laundry detergent, pharmaceuticals, and personal care & cosmetics industries along with high scope for R&D activities in major countries of the region. For instance, genetically modified organism strains remanufactured by food enzymes are sourced from microorganisms with the help of technological advancements. These strains improve efficiency of the product in food items.

Key Companies & Market Share Insights

The industrial enzymes industry is highly influenced by dominated supply from BASF SE, Novozymes, DuPont Danisco, and DSM. The market is characterized by investment-intensive and long enzyme development cycles by key product manufacturers. As a result, raw material suppliers and manufacturers have significant opportunities to provide uniform and high-quality enzymes through a reviewed supply chain.

Market participants frequently participate in mergers and acquisitions, collaborations, technological development, and partnership activities among others, to broaden both their worldwide reach and product offerings. For example, in January 2023, Novozymes announced its investment in microbial control technology from Lyras for “less downtime, more efficiency & cost savings”.

Browse through Grand View Research’s Catalysts & Enzymes Industry Research Reports.

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Key Industrial Enzymes Companies:

• BASF SE
• Novozymes
• DuPont Danisco
• DSM
• NOVUS INTERNATIONAL
• Associated British Foods Plc
• Hansen Holding A/S
• Advanced Enzyme Technologies
• Lesaffre
• Adisseo
• BioProcess Algae, LLC
• Koninklijke DSM N.V.

Industrial Enzymes Market Segmentation

Grand View Research has segmented the global industrial enzymes market report based on product, source, application, and region

Industrial Enzymes Product Outlook (Revenue, USD Million, 2018 – 2030)

• Carbohydrase
• Proteases
• Lipases
• Polymerases & Nucleases
• Others

Industrial Enzymes Source Outlook (Revenue, USD Million, 2018 – 2030)

• Plants
• Animals
• Microorganisms

Industrial Enzymes Application Outlook (Revenue, USD Million, 2018 – 2030)

• Food & Beverages
• Detergents
• Animal Feed
• Biofuels
• Textiles
• Pulp & Paper
• Nutraceutical
• Personal Care & Cosmetics
• Wastewater
• Agriculture
• Others

Industrial Enzymes Regional Outlook (Revenue, USD Million, 2018 – 2030)

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Spain
  • Italy
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Australia
• Central & South America
  • Brazil
  • Argentina
• Middle East & Africa
  • Saudi Arabia
  • Turkey

Order a free sample PDF of the Industrial Enzymes Market Intelligence Study, published by Grand View Research.

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Grand View Research is a full-time market research and consulting company registered in San Francisco, California. The company fully offers market reports, both customized and syndicates, based on intense data analysis. It also offers consulting services to business communities and academic institutions and helps them understand the global and business scenario to a significant extent. The company operates across multitude of domains such as Chemicals, Materials, Food and Beverages, Consumer Goods, Healthcare, and Information Technology to offer consulting services.

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