Global Enzymes Market Size & Outlook, 2021-2030
Global enzymes market, 2018-2030 (US$M)
Related Markets
Global enzymes market highlights
- The global enzymes market generated a revenue of USD 11,474.7 million in 2021 and is expected to reach USD 20,310.2 million by 2030.
- The market is expected to grow at a CAGR (2022 - 2030) of 6.5% by 2030.
- In terms of segment, industrial enzymes accounted for a revenue of USD 6,509.4 million in 2021.
- Specialty Enzymes is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2021.
- Country-wise, Turkey is expected to register the highest CAGR from 2022 to 2030.
Global data book summary
| Market revenue in 2021 | USD 11,474.7 million |
| Market revenue in 2030 | USD 20,310.2 million |
| Growth rate | 6.5% (CAGR from 2021 to 2030) |
| Largest segment | Industrial enzymes |
| Fastest growing segment | Specialty Enzymes |
| Historical data covered | 2018 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Industrial Enzymes, Specialty Enzymes |
Other key industry trends
- In terms of revenue, the North America accounted for 37.5% of the global enzymes market in 2021.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Turkey is the fastest growing regional market and is projected to reach USD 154.4 million by 2030.
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Enzymes Market Scope
Enzymes Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global enzymes market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to enzymes market will help companies and investors design strategic landscapes.
Industrial enzymes was the largest segment with a revenue share of 56.73% in 2021. Horizon Databook has segmented the Global enzymes market based on industrial enzymes, specialty enzymes covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Enzymes Type Outlook (Revenue, USD Million, 2018-2030)
- Industrial Enzymes
- Food & Beverages
- Detergents
- Animal Feed
- Biofuels
- Textiles
- Pulp & Paper
- Nutraceutical
- Personal Care & Cosmetics
- Wastewater
- Others
- Specialty Enzymes
- Pharmaceutical
- Research & Biotechnology
- Diagnostics
- Biocatalyst
- Industrial Enzymes
- Global Enzymes Product Outlook (Revenue, USD Million, 2018-2030)
- Carbohydrase
- Proteases
- Lipases
- Polymerases & Nucleases
- Other
- Global Enzymes Source Outlook (Revenue, USD Million, 2018-2030)
- Plants
- Animals
- Microorganisms
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Target buyers of Global enzymes market databook
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Our clientele includes a mix of enzymes market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global enzymes market , including forecasts for subscribers. This global databook contains high-level insights into Global enzymes market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global enzymes market size, by regions, 2018-2030 (US$M)
Top 10 countries: Enzymes market size, 2021 (US$M)
Global enzymes market share, by type, 2021 & 2030 (%, US$M)
Enzymes market: Opportunity assessment by country
Global enzymes market, by region, 2021 (US$M)
| Type | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 3,465.8 | 3,713.4 | 4,008.4 | 4,308.7 | 4,616.5 | 4,937.0 | 5,255.0 | 5,596.1 | 5,963.1 | 6,356.5 | 6,779.0 | 7,233.2 | 7,721.3 | 6.7% |
| Europe | 2,692.0 | 2,871.6 | 3,085.9 | 3,302.4 | 3,522.5 | 3,750.3 | 3,974.0 | 4,213.0 | 4,461.0 | 4,731.3 | 5,020.3 | 5,327.2 | 5,656.3 | 6.2% |
| Asia Pacific | 1,876.5 | 2,028.7 | 2,209.4 | 2,395.9 | 2,589.4 | 2,793.0 | 2,998.2 | 3,219.8 | 3,465.6 | 3,726.5 | 4,008.6 | 4,315.4 | 4,646.8 | 7.6% |
| Latin America | 755.2 | 800.2 | 854.1 | 907.7 | 961.4 | 1,016.3 | 1,069.1 | 1,125.1 | 1,185.6 | 1,249.0 | 1,316.2 | 1,387.8 | 1,463.8 | 5.5% |
| MEA | 477.2 | 501.7 | 531.3 | 560.0 | 588.1 | 616.3 | 642.6 | 670.0 | 697.3 | 726.7 | 757.4 | 789.0 | 822.0 | 4.4% |
| Overall | 9,266.9 | 9,915.6 | 10,689.0 | 11,474.7 | 12,277.9 | 13,112.8 | 13,938.9 | 14,824.0 | 15,772.7 | 16,790.1 | 17,881.4 | 19,052.6 | 20,310.2 | 6.6% |
Related regional statistics
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