Europe Industrial Enzymes Market Size & Outlook, 2022-2030
Europe industrial enzymes market, 2018-2030 (US$M)
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Europe industrial enzymes market highlights
- The Europe industrial enzymes market generated a revenue of USD 544.8 million in 2022.
- The market is expected to grow at a CAGR of 5.3% 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, UK is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 544.8 million |
| Market revenue in 2030 | USD 823.3 million |
| Growth rate | 5.3% (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, Europe region accounted for 9.9% 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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Europe 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 47.43% in 2022. Horizon Databook has segmented the Europe 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 Europe has experienced significant growth in recent years owing to the surging demand for sustainable and environment-friendly solutions for use in various industries. The use of enzymes, which are renowned natural catalysts, has revolutionized industrial processes by enhancing their efficiency and promoting sustainability.
This makes them indispensable components in numerous industries in Europe. Enzymes play a pivotal role in the food processing industry as they elevate the quality, texture, and nutritional value of food products while simultaneously reducing their processing time and costs.
They find extensive utilization in baking, brewing, and dairy and meat processing applications wherein enzymes enhance the flavor, prolong the shelf life, and contribute to the development of healthy food products. According to German Trade & Invest, the country witnessed the registration of approximately 8,000 new food supplements in 2019.
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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 Europe industrial enzymes market , including forecasts for subscribers. This continent databook contains high-level insights into Europe industrial enzymes market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe industrial enzymes market size, by country, 2018-2030 (US$M)
Europe Industrial Enzymes Market Outlook Share, 2022 & 2030 (US$M)
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