Global Industrial Enzymes Market Size & Outlook, 2022-2030
Global industrial enzymes market, 2018-2030 (US$M)
Related Markets
Global industrial enzymes market highlights
- The global industrial enzymes market generated a revenue of USD 5,528.8 million in 2022 and is expected to reach USD 8,864.0 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 6.1% by 2030.
- In terms of segment, carbohydrase accounted for a revenue of USD 2,631.3 million in 2022.
- Carbohydrase is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, MEA was the largest revenue generating market in 2022.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 5,528.8 million |
| Market revenue in 2030 | USD 8,864.0 million |
| Growth rate | 6.1% (CAGR from 2022 to 2030) |
| Largest segment | Carbohydrase |
| Fastest growing segment | Carbohydrase |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Carbohydrase, Proteases, Lipases, Polymerases & Nucleases |
Other key industry trends
- In terms of revenue, the North America accounted for 36.1% of the global industrial enzymes market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Saudi Arabia is the fastest growing regional market and is projected to reach USD 86.9 million by 2030.
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Industrial Enzymes Market Scope
Industrial Enzymes Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global industrial 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 industrial enzymes market will help companies and investors design strategic landscapes.
Carbohydrase was the largest segment with a revenue share of 47.59% in 2022. Horizon Databook has segmented the Global industrial enzymes market based on carbohydrase, proteases, lipases, polymerases & nucleases covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Industrial Enzymes Product Outlook (Revenue, USD Million, 2018-2030)
- Carbohydrase
- Proteases
- Lipases
- Polymerases & Nucleases
- Others
- Global Industrial Enzymes Application Outlook (Revenue, USD Million, 2018-2030)
- Biocatalyst
- Detergents
- Animal Feed
- Biofuels
- Textiles
- Pulp & Paper
- Nutraceutical
- Personal Care & Cosmetics
- Wastewater
- Others
- Food & Beverages
- Pharmaceutical
- Research & Biotechnology
- Diagnostics
- Global Industrial Enzymes Source Outlook (Revenue, USD Million, 2018-2030)
- Plants
- Animals
- Microorganisms
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Our clientele includes a mix of industrial enzymes market companies, investment firms, advisory firms & academic institutions.
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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 industrial enzymes market , including forecasts for subscribers. This global databook contains high-level insights into Global industrial enzymes market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global industrial enzymes market size, by region, 2018-2030 (US$M)
Top 10 countries: Industrial enzymes market size, 2022 (US$M)
Global industrial enzymes market share, by product, 2022 & 2030 (%, US$M)
Industrial enzymes market: Opportunity assessment by country
Global industrial enzymes market, by region, 2022 (US$M)
| Product | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Latin America | 30.5 | 32.1 | 34.1 | 36.0 | 37.9 | 39.8 | 41.6 | 43.5 | 45.4 | 47.4 | 49.5 | 51.7 | 54.0 | 4.3% |
| Europe | 429.7 | 454.8 | 485.2 | 514.9 | 544.8 | 575.4 | 604.8 | 635.9 | 669.4 | 704.5 | 741.7 | 781.3 | 823.3 | 5.1% |
| North America | 1,531.6 | 1,632.2 | 1,753.2 | 1,873.4 | 1,996.4 | 2,123.4 | 2,247.9 | 2,380.9 | 2,518.7 | 2,668.8 | 2,829.1 | 2,999.2 | 3,181.4 | 5.8% |
| MEA | 1,971.8 | 2,110.6 | 2,277.3 | 2,444.3 | 2,616.4 | 2,795.3 | 2,972.6 | 3,162.5 | 3,366.8 | 3,585.4 | 3,820.1 | 4,072.2 | 4,342.9 | 6.3% |
| Asia Pacific | 271.5 | 285.2 | 301.8 | 317.7 | 333.3 | 349.0 | 363.5 | 378.7 | 393.7 | 409.9 | 426.8 | 444.2 | 462.3 | 4.0% |
| Overall | 4,235.1 | 4,514.9 | 4,851.6 | 5,186.2 | 5,528.8 | 5,882.9 | 6,230.3 | 6,601.3 | 6,993.9 | 7,416.0 | 7,867.2 | 8,348.6 | 8,864.0 | 6.1% |
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