Protein Hydrolysis Enzymes Market Share, Size, Trends, Industry Analysis Report, By Source (Microorganisms, Animals, and Plants); By Product; By Application; By Region; Segment Forecast, 2023- 2032
- Published Date:Jun-2023
- Pages: 119
- Format: PDF
- Report ID: PM3341
- Base Year: 2022
- Historical Data: 2019-2021
Report Outlook
The global protein hydrolysis enzymes market was valued at USD 2.40 billion in 2022 and is expected to grow at a CAGR of 5.9% during the forecast period. Widespread use of the protein hydrolysates in the removal of proteins strains and wider commercial scope of the protein hydrolysates enzymes coupled with the extensive rise in the prevalence for environment friendly chemical additives and low-cost labelling solutions across the globe, are major factors expected to fuel the demand and growth of global market. In addition, the surge in the trend of vegetarianism globally that has created huge demand for meat substitutes including soy-protein and many others and manufacturers are also focusing on increasing functionality and introducing more innovative solutions for protein hydrolysis enzymes.
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For instance, in September 2021, the DSM-Novozymes, announced the expansion of its Enzymes portfolio with the launch of second-generation Protease, a novel and robust product developed to meet the growing needs of feed industry. The product is accompanied by digital services to enhance feed material assessment and further help the customers of company to make better decisions regarding their feed formulations.
The outbreak of the COVID-19 pandemic has significantly impacted the growth of the market. The rapid emergence of deadly coronavirus across the globe has forced government of many countries to take necessary strict actions like lockdowns and restrictions on mass movements, due to which manufacturing facilities were closed and high disruptions were happening in the supply chains that directly affected the need and demand for the product during the pandemic.
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Industry Dynamics
Growth Drivers
Rapid increase in the demand for the protein hydrolysates in animal nutrition all over the world, as it is extremely used in the formulation of several types of infant formulas and to manage the phosphorus pollution & nitrogen content, are key factors influencing the global protein hydrolysis enzymes market growth. Apart from this, the continuous expansion in the requirements for non-allergic foods and its products in the dairy sector and clean labelling, is further anticipated to create huge growth opportunities in the near future. The protein hydrolysis enzyme is being used in wide range of applications including extracting the important medicinal compounds, delicious tastes, protein solubilization, & to create functional peptides coupled with the surging advancements in technology, will further increase or boost growth opportunities for the market over the next coming years.
Report Segmentation
The market is primarily segmented based on source, product, application, and region.
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By Source |
By Product |
By Application |
By Region |
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Microorganisms segment accounted for the maximum market share in 2022
Microorganisms segment accounted for major global market share in 2022, and is likely to retain its position over the anticipated period. The wide range of applications and uses of microorganism source including detergents and cleaning products and its high prevalence among large number of consumers across the globe, are key factors influencing the growth of the segment market. In addition, microbial protein hydrolysis enzymes have significant number of advantages such as cheap production costs and surge in the use of fermentation and genetic manipulation, which is enhancing the demand for microorganism sources worldwide.
Plant segment is projected to exhibit fastest growth rate during study period, which is largely attributed to rise in the demand for environment-friendly products and its ability to provide effective results, where enzymatic hydrolysis increases the solubility and make it possible to produce protein-based beverages with enhanced digestibility.
Microbial product segment held the significant market revenue share in 2022
Microbial product segment held the significant market share in terms of revenue in 2022, on account increasing use of microbial protein hydrolysis in large number of applications including industrial processes and products and in the food industry. Additionally, microbial protease enzymes are frequently used in the baking industry to produce bread, baked foods, waffles, and crackers for reducing the mixing time, & to regulate the gluten strength, are also anticipated to fuel the segment market soon. Moreover, due to widespread applications of the product, several large market players have significantly increased the production at commercial levels coupled with the increased prevalence towards the discovering new strains with unique properties and substantial activity, that is offering huge potential for the segment market.
Food segment is expected to witness highest growth during forecast period
Food segment recorded highest growth during the study period, mainly driven by change in consumer consumption patterns and interest towards the processes and canned food across high-middle income countries like US, France, Canada, and India. Shifting trend to the urban areas among population and their hectic lifestyles, led to increased demand for packaged food products, and will stimulate the segment market. Detergent segment led the industry market with highest revenue share in 2022, mainly due to growing demand for detergent in the industry for removing protein strains along with the rising hygienic concerns and measure to control spreading the various types of infectious diseases across the globe.
North America region dominated the global market in 2022
North America garnered the largest share. Region’s growth can be largely accelerated by increasing demand for several types of fortified foods and meat products and incorporation of high technological advancements that made these enzymes available for numerous applications such as pharmaceuticals, food, textiles & leather, and detergents among many others. Additionally, several large companies from developed regions like North America have significantly invested in enzyme-related technologies to boost their production and productivity, which is further enhancing the growth of the market in the region.
For instance, in December 2022, Ingredient Optimized, announced that they have partnered with Nutrabound Labs, a Texas-based manufacturing facility to offer newly developed and launched ioCollagen. Under this agreement, by sidestepping the enzymatic hydrolysis process, taste is more improved as compared to standard protein isolates.
Asia Pacific region is expected to grow at substantial growth rate over the projected period, which is highly attributable the presence of several unexplored prospects in the emerging economies and growing population burden in the region. The rising consumer demand for innovative, convenient, and easy cleaning and detergent products along with the increasing implementation on experimental technology platforms for several skillful applications, providing considerable growth opportunities for the market.
Competitive Insight
Some of the major players operating in the global market include Associated British Foods, DSM, DuPont, Advanced Enzymes Technologies, Dyadic International, Amano Enzymes, Specialty Enzymes, Jiangsu Boli Bioproducts, Aumgene Biosciences, Merck, Rossari Biotech, Solvay Enzymes, Chr. Hansen Holding, Roche, Enzyme Solutions, Enzymatic Deinking, & Biocatalysts.
Recent Developments
- In March 2022, Lallemand Animal Nutrition, unveiled its new product named YELA PROSECURE, a specifically developed hydrolyzed yeast that offer highly digestible & functional nutrients.
- In December 2021, BASF announced the launch of its new enzyme product called Natupulse, a kind of non-starch polysaccharide enzyme for animal feed. The product is developed by BASF in Germany and will be available in both powder and liquid form and both formulations delivers very good stability during storage in the premix and underchallenging conditions.
Protein Hydrolysis Enzymes Market Report Scope
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Report Attributes |
Details |
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Market size value in 2023 |
USD 2.50 billion |
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Revenue forecast in 2032 |
USD 4.18 billion |
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CAGR |
5.90% from 2023– 2032 |
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Base year |
2022 |
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Historical data |
2019– 2021 |
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Forecast period |
2023– 2032 |
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Quantitative units |
Revenue in USD billion and CAGR from 2023 to 2032 |
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Segments covered |
By Source, By Product, By Application, By Region |
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Regional scope |
North America, Europe, Asia Pacific, Latin America; Middle East & Africa |
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Key companies |
Associated British Foods, DSM, DuPont, Advanced Enzymes Technologies, Dyadic International, Amano Enzymes, Specialty Enzymes, Jiangsu Boli Bioproducts Co. Ltd., Aumgene Biosciences, Merck KGaA, Rossari Biotech Limited, Solvay Enzymes, Chr. Hansen Holding A/S, F. Hoffmann La-Roche Ltd., Enzyme Solutions, Enzymatic Deinking Technologies, and Biocatalysts. |
FAQ's
key companies in protein hydrolysis enzymes market are Associated British Foods, DSM, DuPont, Advanced Enzymes Technologies, Dyadic International, Amano Enzymes.
The global protein hydrolysis enzymes market expected to grow at a CAGR of 5.90% during the forecast period.
The protein hydrolysis enzymes market report covering key segments are source, product, application, and region.
key driving factors in protein hydrolysis enzymes market rising demand of protein hydrolysis enzyme in multiple application
The global protein hydrolysis enzymes market size is expected to reach USD 4.18 billion by 2032
