North America Industrial Enzymes Market Size & Outlook
North America industrial enzymes market, 2018-2030 (US$M)
Related Markets
North America industrial enzymes market highlights
- The North America industrial enzymes market generated a revenue of USD 1,996.4 million in 2022.
- The market is expected to grow at a CAGR of 6% 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, U.S. is expected to register the highest CAGR from 2023 to 2030.
North America data book summary
| Market revenue in 2022 | USD 1,996.4 million |
| Market revenue in 2030 | USD 3,181.4 million |
| Growth rate | 6% (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, North America region accounted for 36.1% 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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North America 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 47.58% in 2022. Horizon Databook has segmented the North America industrial enzymes market based on carbohydrase, proteases, lipases, polymerases & nucleases covering the revenue growth of each sub-segment from 2018 to 2030.
North America is a highly lucrative market for industrial enzymes owing to the flourishing end-use industries such as food & beverage, laundry detergents, personal care, and cosmetics. The region offers ample opportunities for research and development activities, particularly in key economies. The food & beverage industry in North America stands out as a key consumer of industrial enzymes.
This is because these enzymes play a vital role in critical processes such as brewing, baking, and fruit juice extraction. The increasing demand for processed and convenience food products and beverages in the region has further intensified the demand for enzymes in this industry.
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Target buyers of North America 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 North America industrial enzymes market , including forecasts for subscribers. This continent databook contains high-level insights into North America industrial enzymes market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America industrial enzymes market size, by country, 2018-2030 (US$M)
North America Industrial Enzymes Market Outlook Share, 2022 & 2030 (US$M)
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