South Korea Industrial Enzymes Market Size & Outlook
South Korea industrial enzymes market, 2018-2030 (US$M)
Related Markets
South Korea industrial enzymes market highlights
- The South Korea industrial enzymes market generated a revenue of USD 147.3 million in 2022 and is expected to reach USD 260.8 million by 2030.
- The South Korea market is expected to grow at a CAGR of 7.4% 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.
Industrial enzymes market data book summary
| Market revenue in 2022 | USD 147.3 million |
| Market revenue in 2030 | USD 260.8 million |
| Growth rate | 7.4% (CAGR from 2022 to 2030) |
| Largest segment | Carbohydrase |
| Fastest growing segment | Carbohydrase |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 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, South Korea accounted for 2.7% of the global industrial enzymes market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China industrial enzymes market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 452.6 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Industrial Enzymes Market Scope
Industrial Enzymes Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea 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 46.1% in 2022. Horizon Databook has segmented the South Korea industrial enzymes market based on carbohydrase, proteases, lipases, polymerases & nucleases covering the revenue growth of each sub-segment from 2018 to 2030.
- South Korea Industrial Enzymes Product Outlook (Revenue, USD Million, 2018-2030)
- Carbohydrase
- Proteases
- Lipases
- Polymerases & Nucleases
- Others
- South Korea 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
- South Korea Industrial Enzymes Source Outlook (Revenue, USD Million, 2018-2030)
- Plants
- Animals
- Microorganisms
Reasons to subscribe to South Korea industrial enzymes market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of South Korea industrial enzymes market databook
-
Our clientele includes a mix of industrial enzymes market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 South Korea industrial enzymes market , including forecasts for subscribers. This country databook contains high-level insights into South Korea industrial enzymes market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Korea industrial enzymes market size, by product, 2018-2030 (US$M)
South Korea Industrial Enzymes Market Outlook Share, 2022 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
