PUBLISHER: Polaris Market Research | PRODUCT CODE: 1651990
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1651990
The industrial enzymes market size is expected to reach USD 15.39 billion by 2034, according to a new study by Polaris Market Research. The report "Industrial Enzymes Market Size, Share, Trends, Industry Analysis Report: By Source (Microorganisms, Plants, and Animals), Type, Application, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa); Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The increasing demand for eco-friendly solutions is a key driver in the industrial enzymes market. Enzymes are increasingly favored over traditional chemical processes due to their biocatalytic properties, which offer a more sustainable alternative as industries seek to reduce their environmental footprint. They are biodegradable, use fewer toxic chemicals, and require less energy, making them an attractive option for businesses aiming to comply with stringent environmental regulations. This shift towards sustainability is particularly noticeable in sectors such as textiles, food processing, and biofuels, where companies are focusing on greener production methods for improved performance.
Enzyme engineering has significantly boosted the industrial enzymes market by improving the performance and efficiency of enzymes. Researchers are working to create enzymes that are more stable, specific, and active, which can be used in a wider range of industries. These engineered enzymes are stronger, allowing for faster processing at lower temperatures, which reduces energy use and costs. As a result, industries like food and beverage, detergents, and biofuels benefit from higher-quality products and more cost-effective, sustainable production processes..
In terms of source, in 2024, the microorganisms segment accounted for the largest industrial enzymes market share due to their broad range of applications, affordability, and capability to produce diverse enzymes.
The food processing industry is poised for significant expansion in the coming years. Rising living standards and increasingly hectic lifestyles are fueling the demand for convenient food products.
North America dominated the industrial enzymes market in 2024, supported by strong growth in the food and beverage and personal care industries.
Asia Pacific is anticipated to witness the highest CAGR in the global industrial enzymes market. Rapid industrialization, a surge in manufacturing activities, and the increasing demand for eco-friendly and sustainable solutions are driving this growth.
A few global key market players include AB Enzymes, Advanced Enzyme Technologies, Amano Enzymes, Associated British Foods plc, Aumgene Biosciences, BASF SE, Biocatalysts, Chr. Hansen Holding A/S., Creative Enzymes, Denykem, DuPont Danisco, Dyadic International, Enzymatic Deinking Technologies, Enzyme Solutions, Enzyme Supplies, Kerry Group, Koninklijke DSM N.V., Lesaffre, Megazyme, Metgen Oy, Novozymes A/S, Novus International, Inc., Sunson Industry Group, and Tex Biosciences.
Polaris Market Research has segmented the industrial enzymes market report on the basis of source, type, application, and region: