UK Enzymes Market Size & Outlook, 2021-2030
UK enzymes market, 2018-2030 (US$M)
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UK enzymes market highlights
- The UK enzymes market generated a revenue of USD 414.8 million in 2021 and is expected to reach USD 751.1 million by 2030.
- The UK market is expected to grow at a CAGR of 6.8% 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.
Enzymes market data book summary
| Market revenue in 2021 | USD 414.8 million |
| Market revenue in 2030 | USD 751.1 million |
| Growth rate | 6.8% (CAGR from 2021 to 2030) |
| Largest segment | Industrial enzymes |
| Fastest growing segment | Specialty Enzymes |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 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, UK accounted for 3.6% of the global enzymes market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany enzymes market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 751.1 million by 2030.
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Enzymes Market Scope
Enzymes Market Companies
| Name | Profile | # Employees | HQ | Website |
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UK 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 56.75% in 2021. Horizon Databook has segmented the UK enzymes market based on industrial enzymes, specialty enzymes covering the revenue growth of each sub-segment from 2018 to 2030.
Food & beverages is one of the largest manufacturing sectors in the UK. Increasing population coupled with growing health awareness among consumers is expected to drive the utilization of enzymes in food & beverages.
According to the European Commission, aging population in the region is anticipated to grow substantially. Furthermore, the growing requirement for nutraceutical products due to the rising aging population in the country is also projected to spur the product demand over the forecast period.
The expansion of the above-mentioned companies is expected to stimulate the demand for enzymes in wastewater treatment. In addition, increasing spending and expansion by major pharmaceutical companies, including AstraZeneca plc, Shire Pharmaceuticals Limited UK, Hoffmann-La Roche Ltd, and Pfizer Inc., is likely to augment the demand for enzymes in the coming years.
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Target buyers of UK 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 country-level data and insights on the UK enzymes market , including forecasts for subscribers. This country databook contains high-level insights into UK enzymes market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK enzymes market size, by type, 2018-2030 (US$M)
UK Enzymes Market Outlook Share, 2021 & 2030 (US$M)
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