Transglutaminase Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031

Description

The global transglutaminase market is experiencing robust growth, currently valued at US$ 579.35 Mn, and is projected to expand at a CAGR of 7.5% to reach US$ 960 Mn by 2031. The rising demand for innovative food processing solutions and fermented food products is driving this market's growth. Additionally, advancements in enzyme production technologies have broadened its applications across various industries.

Transglutaminase, a multifunctional enzyme used extensively in the food industry, enhances food texture and protein stability. Its applications span across meat processing, dairy, bakery, and fish products. Microbial fermentation-based transglutaminase (MTG) has emerged as the dominant source, accounting for the majority of market demand due to its efficiency and eco-friendliness.

Key Market Drivers

1.Increasing Demand for Fermented Foods

Fermented foods such as cheese, yogurt, bread, and processed meats are gaining popularity due to their health and nutritional benefits.
Transglutaminase enzymes play a crucial role in accelerating the fermentation process, boosting their demand in the food industry.

2.Shift Toward Microbial Fermentation (MTG)

The high cost of animal-sourced transglutaminase has led to a preference for microbial sources.
Microbial enzymes, synthesized using advanced techniques such as microbial gene transfer, enhance production efficiency and reduce environmental impact.

3.Emerging Applications in Healthcare

Transglutaminase is finding applications in treating diseases like Idiopathic Pulmonary Fibrosis (IPF) and stabilizing extracellular matrices (ECM). These advancements create new opportunities in the healthcare sector.

Opportunities for Business Growth

The market presents significant opportunities for growth through:

Advancements in Meat Glue Technology
Investments in research to enhance protein cross-linking applications are expected to open new revenue streams.
Expanding Applications in Fish Processing
The use of transglutaminase in fish processing is projected to generate substantial revenue, highlighting its growing role in seafood innovation.

Challenges Impacting Market Growth

1.Rising Preference for Non-GMO Products

Consumers are increasingly favoring natural and non-GMO food products, impacting the use of genetically modified enzymes in the food industry.

2.Health Concerns

Scientific studies suggest that microbial transglutaminase (MTG) may cause complications for celiac disease patients and potentially impact gut health. These concerns are restraining wider adoption.

Regional Analysis

1.Europe

France is at the forefront of growth in Europe, with a CAGR of 7.3%, fueled by increased demand for processed foods and advanced food technology.

2.South Asia & Pacific

India leads the region with a remarkable CAGR of 9.4% and a market share of 47.21%, driven by rising consumer spending on processed food products.

3.Global Trends

Growth is consistent across North America, East Asia, and Oceania, supported by increasing demand for food innovation and technological advancements.

Competitive Analysis

Several companies are driving innovation and market expansion, including:

Ajinomoto Co., Inc.
Antozyme Biotech Pvt. Ltd.
Apex Biotechnol
BDF Ingredients
C&P Group Ingredients
Creative Enzymes
Guangdong Kelong Biotechnology Co., Ltd.
Haihang Industry
Jiangsu Yiming Biological Technology Co., Ltd.
Micro-Tech Foods Ingredients, Inc.
Ultreze Enzymes Pvt. Ltd.
Yesil Arma

These players focus on improving enzyme production technologies and offering diverse formulations to meet evolving consumer demands.

Transglutaminase Industry Research by Category

Transglutaminase Market by Source Type:

Animal and Plant Tissues (TTGs)
Microbial Fermentation (MTGs)

Transglutaminase Market by Application:

Transglutaminase for Meat Processing
Transglutaminase for Fish Processing
Transglutaminase for Dairy Products
Transglutaminase for Bakery Products

Transglutaminase Market by Region:

North America Transglutaminase Market
Latin America Transglutaminase Market
Europe Transglutaminase Market
East Asia Transglutaminase Market
South Asia Transglutaminase Market
Oceania Transglutaminase Market
Middle East & Africa Transglutaminase Market

1. Executive Summary

1.1. Global Transglutaminase Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value and Volume, 2024
1.5. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. COVID-19 Impact Analysis
- 2.5.1. Supply
- 2.5.2. Demand
2.6. Economic Overview
- 2.6.1. World Economic Projections
2.7. PESTLE Analysis

3. Price Analysis, 2019 - 2023

3.1. Global Average Price Analysis by Source Type, 2019 - 2023
3.2. Prominent Factor Affecting Transglutaminase Prices
3.3. Global Average Price Analysis by Region

4. Global Transglutaminase Market Outlook, 2019 - 2031

4.1. Global Transglutaminase Market Outlook, by Source Type, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 4.1.1. Key Highlights
  - 4.1.1.1. Animal and Plant Tissues (TTGs)
  - 4.1.1.2. Microbial Fermentation (MTGs)
4.2. Global Transglutaminase Market Outlook, by Application, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 4.2.1. Key Highlights
  - 4.2.1.1. Transglutaminase for Meat Processing
  - 4.2.1.2. Transglutaminase for Fish Processing
  - 4.2.1.3. Transglutaminase for Dairy Products
  - 4.2.1.4. Transglutaminase for Bakery Products
4.3. Global Transglutaminase Market Outlook, by Region, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 4.3.1. Key Highlights
  - 4.3.1.1. North America
  - 4.3.1.2. Europe
  - 4.3.1.3. Asia Pacific
  - 4.3.1.4. Latin America
  - 4.3.1.5. Middle East & Africa

5. North America Transglutaminase Market Outlook, 2019 - 2031

5.1. North America Transglutaminase Market Outlook, by Source Type, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 5.1.1. Key Highlights
  - 5.1.1.1. Animal and Plant Tissues (TTGs)
  - 5.1.1.2. Microbial Fermentation (MTGs)
5.2. North America Transglutaminase Market Outlook, by Application, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 5.2.1. Key Highlights
  - 5.2.1.1. Transglutaminase for Meat Processing
  - 5.2.1.2. Transglutaminase for Fish Processing
  - 5.2.1.3. Transglutaminase for Dairy Products
  - 5.2.1.4. Transglutaminase for Bakery Products
- 5.2.2. Attractiveness Analysis
5.3. North America Transglutaminase Market Outlook, by Country, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 5.3.1. Key Highlights
  - 5.3.1.1. U.S. Transglutaminase Market by Source Type, Value (US$ Mn) and Volume (Units), 2019 - 2031
  - 5.3.1.2. U.S. Transglutaminase Market by Application, Value (US$ Mn) and Volume (Units), 2019 - 2031
  - 5.3.1.3. Canada Transglutaminase Market by Source Type, Value (US$ Mn) and Volume (Units), 2019 - 2031
  - 5.3.1.4. Canada Transglutaminase Market by Application, Value (US$ Mn) and Volume (Units), 2019 - 2031

6. Europe Transglutaminase Market Outlook, 2019 - 2031

6.1. Europe Transglutaminase Market Outlook, by Source Type, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 6.1.1. Key Highlights
  - 6.1.1.1. Animal and Plant Tissues (TTGs)
  - 6.1.1.2. Microbial Fermentation (MTGs)
6.2. Europe Transglutaminase Market Outlook, by Application, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 6.2.1. Key Highlights
  - 6.2.1.1. Transglutaminase for Meat Processing
  - 6.2.1.2. Transglutaminase for Fish Processing
  - 6.2.1.3. Transglutaminase for Dairy Products
  - 6.2.1.4. Transglutaminase for Bakery Products
- 6.2.2. Attractiveness Analysis
6.3. Europe Transglutaminase Market Outlook, by Country, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 6.3.1. Key Highlights
  - 6.3.1.1. Germany Transglutaminase Market by Source Type, Value (US$ Mn) and Volume (Units), 2019 - 2031
  - 6.3.1.2. Germany Transglutaminase Market by Application, Value (US$ Mn) and Volume (Units), 2019 - 2031
  - 6.3.1.3. U.K. Transglutaminase Market by Source Type, Value (US$ Mn) and Volume (Units), 2019 - 2031
  - 6.3.1.4. U.K. Transglutaminase Market by Application, Value (US$ Mn) and Volume (Units), 2019 - 2031
  - 6.3.1.5. France Transglutaminase Market by Source Type, Value (US$ Mn) and Volume (Units), 2019 - 2031
  - 6.3.1.6. France Transglutaminase Market by Application, Value (US$ Mn) and Volume (Units), 2019 - 2031
  - 6.3.1.7. Italy Transglutaminase Market by Source Type, Value (US$ Mn) and Volume (Units), 2019 - 2031
  - 6.3.1.8. Italy Transglutaminase Market by Application, Value (US$ Mn) and Volume (Units), 2019 - 2031
  - 6.3.1.9. Turkey Transglutaminase Market by Source Type, Value (US$ Mn) and Volume (Units), 2019 - 2031
  - 6.3.1.10. Turkey Transglutaminase Market by Application, Value (US$ Mn) and Volume (Units), 2019 - 2031
  - 6.3.1.11. Russia Transglutaminase Market by Source Type, Value (US$ Mn) and Volume (Units), 2019 - 2031
  - 6.3.1.12. Russia Transglutaminase Market by Application, Value (US$ Mn) and Volume (Units), 2019 - 2031
  - 6.3.1.13. Rest of Europe Transglutaminase Market by Source Type, Value (US$ Mn) and Volume (Units), 2019 - 2031
  - 6.3.1.14. Rest of Europe Transglutaminase Market by Application, Value (US$ Mn) and Volume (Units), 2019 - 2031

7. Asia Pacific Transglutaminase Market Outlook, 2019 - 2031

7.1. Asia Pacific Transglutaminase Market Outlook, by Source Type, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 7.1.1. Key Highlights
  - 7.1.1.1. Animal and Plant Tissues (TTGs)
  - 7.1.1.2. Microbial Fermentation (MTGs)
7.2. Asia Pacific Transglutaminase Market Outlook, by Application, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 7.2.1. Key Highlights
  - 7.2.1.1. Transglutaminase for Meat Processing
  - 7.2.1.2. Transglutaminase for Fish Processing
  - 7.2.1.3. Transglutaminase for Dairy Products
  - 7.2.1.4. Transglutaminase for Bakery Products
- 7.2.2. Attractiveness Analysis
7.3. Asia Pacific Transglutaminase Market Outlook, by Country, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 7.3.1. Key Highlights
  - 7.3.1.1. China Transglutaminase Market by Source Type, Value (US$ Mn) and Volume (Units), 2019 - 2031
  - 7.3.1.2. China Transglutaminase Market by Application, Value (US$ Mn) and Volume (Units), 2019 - 2031
  - 7.3.1.3. Japan Transglutaminase Market by Source Type, Value (US$ Mn) and Volume (Units), 2019 - 2031
  - 7.3.1.4. Japan Transglutaminase Market by Application, Value (US$ Mn) and Volume (Units), 2019 - 2031
  - 7.3.1.5. South Korea Transglutaminase Market by Source Type, Value (US$ Mn) and Volume (Units), 2019 - 2031
  - 7.3.1.6. South Korea Transglutaminase Market by Application, Value (US$ Mn) and Volume (Units), 2019 - 2031
  - 7.3.1.7. India Transglutaminase Market by Source Type, Value (US$ Mn) and Volume (Units), 2019 - 2031
  - 7.3.1.8. India Transglutaminase Market by Application, Value (US$ Mn) and Volume (Units), 2019 - 2031
  - 7.3.1.9. Southeast Asia Transglutaminase Market by Source Type, Value (US$ Mn) and Volume (Units), 2019 - 2031
  - 7.3.1.10. Southeast Asia Transglutaminase Market by Application, Value (US$ Mn) and Volume (Units), 2019 - 2031
  - 7.3.1.11. Rest of Asia Pacific Transglutaminase Market by Source Type, Value (US$ Mn) and Volume (Units), 2019 - 2031
  - 7.3.1.12. Rest of Asia Pacific Transglutaminase Market by Application, Value (US$ Mn) and Volume (Units), 2019 - 2031

8. Latin America Transglutaminase Market Outlook, 2019 - 2031

8.1. Latin America Transglutaminase Market Outlook, by Source Type, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 8.1.1. Key Highlights
  - 8.1.1.1. Animal and Plant Tissues (TTGs)
  - 8.1.1.2. Microbial Fermentation (MTGs)
8.2. Latin America Transglutaminase Market Outlook, by Application, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 8.2.1. Key Highlights
  - 8.2.1.1. Transglutaminase for Meat Processing
  - 8.2.1.2. Transglutaminase for Fish Processing
  - 8.2.1.3. Transglutaminase for Dairy Products
  - 8.2.1.4. Transglutaminase for Bakery Products
- 8.2.2. Attractiveness Analysis
8.3. Latin America Transglutaminase Market Outlook, by Country, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 8.3.1. Key Highlights
  - 8.3.1.1. Brazil Transglutaminase Market by Source Type, Value (US$ Mn) and Volume (Units), 2019 - 2031
  - 8.3.1.2. Brazil Transglutaminase Market by Application, Value (US$ Mn) and Volume (Units), 2019 - 2031
  - 8.3.1.3. Mexico Transglutaminase Market by Source Type, Value (US$ Mn) and Volume (Units), 2019 - 2031
  - 8.3.1.4. Mexico Transglutaminase Market by Application, Value (US$ Mn) and Volume (Units), 2019 - 2031
  - 8.3.1.5. Argentina Transglutaminase Market by Source Type, Value (US$ Mn) and Volume (Units), 2019 - 2031
  - 8.3.1.6. Argentina Transglutaminase Market by Application, Value (US$ Mn) and Volume (Units), 2019 - 2031
  - 8.3.1.7. Rest of Latin America Transglutaminase Market by Source Type, Value (US$ Mn) and Volume (Units), 2019 - 2031
  - 8.3.1.8. Rest of Latin America Transglutaminase Market by Application, Value (US$ Mn) and Volume (Units), 2019 - 2031

9. Middle East & Africa Transglutaminase Market Outlook, 2019 - 2031

9.1. Middle East & Africa Transglutaminase Market Outlook, by Source Type, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 9.1.1. Key Highlights
  - 9.1.1.1. Animal and Plant Tissues (TTGs)
  - 9.1.1.2. Microbial Fermentation (MTGs)
9.2. Middle East & Africa Transglutaminase Market Outlook, by Application, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 9.2.1. Key Highlights
  - 9.2.1.1. Transglutaminase for Meat Processing
  - 9.2.1.2. Transglutaminase for Fish Processing
  - 9.2.1.3. Transglutaminase for Dairy Products
  - 9.2.1.4. Transglutaminase for Bakery Products
- 9.2.2. Attractiveness Analysis
9.3. Middle East & Africa Transglutaminase Market Outlook, by Country, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 9.3.1. Key Highlights
  - 9.3.1.1. GCC Transglutaminase Market by Source Type, Value (US$ Mn) and Volume (Units), 2019 - 2031
  - 9.3.1.2. GCC Transglutaminase Market by Application, Value (US$ Mn) and Volume (Units), 2019 - 2031
  - 9.3.1.3. South Africa Transglutaminase Market by Source Type, Value (US$ Mn) and Volume (Units), 2019 - 2031
  - 9.3.1.4. South Africa Transglutaminase Market by Application, Value (US$ Mn) and Volume (Units), 2019 - 2031
  - 9.3.1.5. Egypt Transglutaminase Market by Source Type, Value (US$ Mn) and Volume (Units), 2019 - 2031
  - 9.3.1.6. Egypt Transglutaminase Market by Application, Value (US$ Mn) and Volume (Units), 2019 - 2031
  - 9.3.1.7. Nigeria Transglutaminase Market by Source Type, Value (US$ Mn) and Volume (Units), 2019 - 2031
  - 9.3.1.8. Nigeria Transglutaminase Market by Application, Value (US$ Mn) and Volume (Units), 2019 - 2031
  - 9.3.1.9. Rest of Middle East & Africa Transglutaminase Market by Source Type, Value (US$ Mn) and Volume (Units), 2019 - 2031
  - 9.3.1.10. Rest of Middle East & Africa Transglutaminase Market by Application, Value (US$ Mn) and Volume (Units), 2019 - 2031

10. Competitive Landscape

10.1. By Source Type vs by Application Heatmap
10.2. Company Market Share Analysis, 2024
10.3. Competitive Dashboard
10.4. Company Profiles
- 10.4.1. Ajinomoto Co., Inc.
  - 10.4.1.1. Company Overview
  - 10.4.1.2. Product Portfolio
  - 10.4.1.3. Financial Overview
  - 10.4.1.4. Business Strategies and Development
- 10.4.2. Antozyme Biotech Pvt. Ltd.
  - 10.4.2.1. Company Overview
  - 10.4.2.2. Product Portfolio
  - 10.4.2.3. Financial Overview
  - 10.4.2.4. Business Strategies and Development
- 10.4.3. Apex Biotechnol
  - 10.4.3.1. Company Overview
  - 10.4.3.2. Product Portfolio
  - 10.4.3.3. Financial Overview
  - 10.4.3.4. Business Strategies and Development
- 10.4.4. BDF Ingredients
  - 10.4.4.1. Company Overview
  - 10.4.4.2. Product Portfolio
  - 10.4.4.3. Financial Overview
  - 10.4.4.4. Business Strategies and Development
- 10.4.5. C&P Group Ingredients
  - 10.4.5.1. Company Overview
  - 10.4.5.2. Product Portfolio
  - 10.4.5.3. Financial Overview
  - 10.4.5.4. Business Strategies and Development
- 10.4.6. Creative Enzymes
  - 10.4.6.1. Company Overview
  - 10.4.6.2. Product Portfolio
  - 10.4.6.3. Financial Overview
  - 10.4.6.4. Business Strategies and Development
- 10.4.7. Guangdong Kelong Biotechnology Co., Ltd.
  - 10.4.7.1. Company Overview
  - 10.4.7.2. Product Portfolio
  - 10.4.7.3. Financial Overview
  - 10.4.7.4. Business Strategies and Development
- 10.4.8. Haihang Industry
  - 10.4.8.1. Company Overview
  - 10.4.8.2. Product Portfolio
  - 10.4.8.3. Financial Overview
  - 10.4.8.4. Business Strategies and Development
- 10.4.9. Jiangsu Yiming Biological Technology Co., Ltd.
  - 10.4.9.1. Company Overview
  - 10.4.9.2. Product Portfolio
  - 10.4.9.3. Financial Overview
  - 10.4.9.4. Business Strategies and Development
- 10.4.10. Micro-Tech Foods Ingredients, Inc.
  - 10.4.10.1. Company Overview
  - 10.4.10.2. Product Portfolio
  - 10.4.10.3. Financial Overview
  - 10.4.10.4. Business Strategies and Development
- 10.4.11. Ultreze Enzymes Pvt. Ltd.
  - 10.4.11.1. Company Overview
  - 10.4.11.2. Product Portfolio
  - 10.4.11.3. Financial Overview
  - 10.4.11.4. Business Strategies and Development
- 10.4.12. Yesil Arma
  - 10.4.12.1. Company Overview
  - 10.4.12.2. Product Portfolio
  - 10.4.12.3. Financial Overview
  - 10.4.12.4. Business Strategies and Development

11. Appendix

11.1. Research Methodology
11.2. Report Assumptions
11.3. Acronyms and Abbreviations