Global Specialty Enzymes Market Size & Outlook, 2022-2030
Global specialty enzymes market, 2018-2030 (US$M)
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Global specialty enzymes market highlights
- The global specialty enzymes market generated a revenue of USD 4,124.4 million in 2022 and is expected to reach USD 6,750.5 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 6.4% by 2030.
- In terms of segment, carbohydrase accounted for a revenue of USD 1,544.7 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, Italy is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 4,124.4 million |
| Market revenue in 2030 | USD 6,750.5 million |
| Growth rate | 6.4% (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 31.1% of the global specialty enzymes market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Italy is the fastest growing regional market and is projected to reach USD 209.7 million by 2030.
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Specialty Enzymes Market Scope
Specialty Enzymes Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global specialty 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 specialty enzymes market will help companies and investors design strategic landscapes.
Carbohydrase was the largest segment with a revenue share of 37.45% in 2022. Horizon Databook has segmented the Global specialty enzymes market based on carbohydrase, proteases, lipases, polymerases & nucleases covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Specialty Enzymes Product Outlook (Revenue, USD Million, 2018-2030)
- Carbohydrase
- Proteases
- Lipases
- Polymerases & Nucleases
- Others
- Global Specialty 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 Specialty Enzymes Source Outlook (Revenue, USD Million, 2018-2030)
- Plants
- Animals
- Microorganisms
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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 specialty enzymes market , including forecasts for subscribers. This global databook contains high-level insights into Global specialty enzymes market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global specialty enzymes market size, by region, 2018-2030 (US$M)
Top 10 countries: Specialty enzymes market size, 2022 (US$M)
Global specialty enzymes market share, by product, 2022 & 2030 (%, US$M)
Specialty enzymes market: Opportunity assessment by country
Global specialty enzymes market, by region, 2022 (US$M)
| Product | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Latin America | 14.8 | 16.0 | 17.4 | 18.9 | 20.4 | 22.1 | 23.7 | 25.5 | 27.4 | 29.5 | 31.7 | 34.1 | 36.7 | 7.5% |
| Europe | 325.6 | 346.7 | 371.6 | 397.2 | 422.9 | 449.4 | 475.3 | 502.8 | 532.2 | 563.6 | 597.1 | 632.8 | 670.9 | 5.8% |
| North America | 1,002.7 | 1,063.5 | 1,135.6 | 1,209.0 | 1,282.0 | 1,356.6 | 1,428.8 | 1,505.3 | 1,586.4 | 1,672.5 | 1,763.9 | 1,860.9 | 1,963.9 | 5.4% |
| MEA | 1,653.8 | 1,775.2 | 1,918.5 | 2,067.5 | 2,219.3 | 2,377.7 | 2,535.5 | 2,705.0 | 2,887.1 | 3,083.0 | 3,293.6 | 3,520.3 | 3,764.3 | 6.7% |
| Asia Pacific | 131.8 | 142.1 | 154.2 | 166.8 | 179.8 | 193.4 | 207.1 | 221.8 | 237.6 | 254.7 | 273.2 | 293.1 | 314.6 | 7.1% |
| Overall | 3,128.7 | 3,343.5 | 3,597.3 | 3,859.5 | 4,124.4 | 4,399.2 | 4,670.2 | 4,960.3 | 5,270.7 | 5,603.2 | 5,959.4 | 6,341.2 | 6,750.5 | 6.4% |
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