North America Enzymes Market Size & Outlook, 2021-2030
North America enzymes market, 2018-2030 (US$M)
Related Markets
North America enzymes market highlights
- The North America enzymes market generated a revenue of USD 4,308.7 million in 2021.
- The market is expected to grow at a CAGR of 6.7% 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, U.S. is expected to register the highest CAGR from 2022 to 2030.
North America data book summary
| Market revenue in 2021 | USD 4,308.7 million |
| Market revenue in 2030 | USD 7,721.3 million |
| Growth rate | 6.7% (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, North America region accounted for 37.5% 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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North America 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 55.71% in 2021. Horizon Databook has segmented the North America enzymes market based on industrial enzymes, specialty enzymes covering the revenue growth of each sub-segment from 2018 to 2030.
North America is a prominent market for enzymes due to strong presence of various end-use companies in the food & beverage, pharmaceuticals, laundry detergent, and personal care & cosmetics industries along with high scope for research & development activities in major countries of the region.
For instance, genetically modified organism strains remanufactured by food enzymes are sourced from micro-organisms with the help of technological advancements. These strains improve the efficiency of enzymes in food items.
The U.S. government has adopted several initiatives to promote the production biodiesel, cellulosic biofuels, and advanced biofuels. The government had established Renewable Fuel Standards (RFS1 and RFS 2) program in 2005, which focuses on reducing greenhouse emissions and promoting the use of alternative fuel.
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Target buyers of North America 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 North America enzymes market , including forecasts for subscribers. This continent databook contains high-level insights into North America enzymes market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America enzymes market size, by country, 2018-2030 (US$M)
North America Enzymes Market Outlook Share, 2021 & 2030 (US$M)
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