Europe Enzymes Market Size & Outlook, 2021-2030
Europe enzymes market, 2018-2030 (US$M)
Related Markets
Europe enzymes market highlights
- The Europe enzymes market generated a revenue of USD 3,302.4 million in 2021.
- The market is expected to grow at a CAGR of 6.2% from 2022 to 2030.
- In terms of segment, industrial enzymes was the largest revenue generating type in 2021.
- Specialty Enzymes is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, UK is expected to register the highest CAGR from 2022 to 2030.
Europe data book summary
| Market revenue in 2021 | USD 3,302.4 million |
| Market revenue in 2030 | USD 5,656.3 million |
| Growth rate | 6.2% (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 |
| Key market players worldwide | BASF, Novonesis AS ADR, DuPont de Nemours Inc, DSM, Novus Holdings Ltd, Associated British Foods PLC, Advanced Enzymes, Bluestar Adisseo Co., Chr. Hansen, Lesaffre |
Other key industry trends
- In terms of revenue, Europe region accounted for 28.8% of the global enzymes market in 2021.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 4,646.8 million by 2030.
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Enzymes Market Scope
Enzymes Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe 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 56.47% in 2021. Horizon Databook has segmented the Europe enzymes market based on industrial enzymes, specialty enzymes covering the revenue growth of each sub-segment from 2018 to 2030.
The European Commission’s inclination toward reducing greenhouse emissions and promoting the production of biofuels is expected to have a positive impact on the growth of the enzymes market over the forecast period. Russia is expected to witness a significant increase in meat production due to the improving economic conditions.
Enzymes are extensively used in meat processing to improve the tenderness of the meat. Europe is also a prominent consumer of meat products and is anticipated to positively influence the product demand.
Europe is one of the major producers of medicinal, pharmaceutical, and cosmetic products. The presence of major pharmaceutical and cosmetics companies in the region is expected to propel the demand for enzymes. The growing population along with the rapidly developing textiles industry in the region is expected to fuel the demand for enzymes in textile processing.
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Target buyers of Europe 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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe enzymes market , including forecasts for subscribers. This continent databook contains high-level insights into Europe enzymes market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe enzymes market size, by country, 2018-2030 (US$M)
Europe Enzymes Market Outlook Share, 2021 & 2030 (US$M)
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