Asia Pacific Industrial Enzymes Market Size & Outlook
Asia Pacific industrial enzymes market, 2018-2030 (US$M)
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Asia Pacific industrial enzymes market highlights
- The Asia Pacific industrial enzymes market generated a revenue of USD 333.3 million in 2022.
- The market is expected to grow at a CAGR of 4.2% from 2023 to 2030.
- In terms of segment, carbohydrase was the largest revenue generating product in 2022.
- Carbohydrase is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Japan is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 333.3 million |
| Market revenue in 2030 | USD 462.3 million |
| Growth rate | 4.2% (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 |
| Key market players worldwide | Basf SE, Novonesis AS ADR, DuPont de Nemours Inc, DSM, Novus Holdings Ltd, Associated British Foods PLC, Advanced Enzymes, Koninklijke DSM NV, Chr. Hansen, Lesaffre, Bluestar Adisseo Co., BioProcess Algae |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 6.0% of the global industrial enzymes market in 2022.
- Globally, MEA is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 4,342.9 million by 2030.
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Industrial Enzymes Market Scope
Industrial Enzymes Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific 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 46.02% in 2022. Horizon Databook has segmented the Asia Pacific industrial enzymes market based on carbohydrase, proteases, lipases, polymerases & nucleases covering the revenue growth of each sub-segment from 2018 to 2030.
Industrial enzymes market in Asia Pacific has experienced significant growth owing to continuous demand for these enzymes in various industries, including food and beverage, detergents, pulp and paper, personal care, and cosmetics. Enzymes, known for their remarkable catalytic properties, have become essential in optimizing different processes and enhancing their efficiency, as well as for promoting sustainability in these industries.
Asia Pacific, known for its rich culinary traditions and diverse food culture, has witnessed a surge in demand for innovative and high-quality food products. As such, enzymes have emerged as a key ingredient in the food & beverages industry, enabling manufacturers to meet consumer expectations and deliver sustainable and healthy products.
The region, also known for its strong textile manufacturing base, has witnessed a growing demand for eco-friendly and sustainable textiles. It has led to the use of enzymes in the textiles industry as they are biodegradable and are pollution free. This also makes enzymes an attractive alternative to harsh chemicals in the textiles industry.
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Target buyers of Asia Pacific industrial enzymes market databook
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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 continent-level data and insights on the Asia Pacific industrial enzymes market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific industrial enzymes market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific industrial enzymes market size, by country, 2018-2030 (US$M)
Asia Pacific Industrial Enzymes Market Outlook Share, 2022 & 2030 (US$M)
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