South Korea Industrial Enzymes Market to 2032
Overview
The South Korea Industrial Enzymes Market is expected to reach a 228.34 USD Million by 2032 and is projected to grow at a CAGR of 7.59% from 2025 to 2032.
Revenue, 2024 (USD Million)
136.87
Forecast, 2032 (USD Million)
228.34
CAGR, 2024 - 2032
7.59%
Report Coverage
South Korea
South Korea Industrial Enzymes Market 2018-2032 USD Million
South Korea Industrial Enzymes Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 136.87 USD Million
- Projected Market Size (2032): 228.34 USD Million
- CAGR (2025-2032): 7.59%
Key Findings of South Korea Industrial Enzymes Market
- The South Korea Industrial Enzymes Market was valued at 136.87 USD Million in 2024.
- The South Korea Industrial Enzymes Market is likely to grow at a CAGR of 7.59% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Food & Beverages in Application Segment accounted for the largest share of the market with a revenue of 220.23 USD Million
- The fastest growing segment Carbohydrases in Type Segment grew Fastest with a CAGR of 8.65% during the forecast period from 2024 to 2032.
South Korea Industrial Enzymes Market Scope
South Korea Industrial Enzymes Market Segmentation & Scope
Application
- Biofuel
- Paper & Pulp
- Others
- Wastewater Treatment
- Textiles & Leather
- Detergents
- Pharmaceutical, Diagnostics & Therapeutic Application
- Animal Feed
- Personal Care & Cosmetics
- Food & Beverages
Form
- Others
- Gel
- Granular
- Dry
- Liquid
Fermentation Technique
- Solid-Substrate Fermentation
- Submerged Fermentation
Source
- Animal-Based
- Plant-Based
- Microorganism-Based
Type
- Nucleases
- Polymerase
- Isomerases
- Lyases
- Transferases
- Others
- Oxidoreductases
- Hydrolases
- Carbohydrases
South Korea Industrial Enzymes Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2023 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 136.87 USD Million |
| Market Value in 2032 | 228.34 USD Million |
| CAGR (2025-2032) | 7.59% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Application,Form,Fermentation Technique,Source,Type |
Regional Insights:
-
Leading Market (2024-2032): South Korea, leading in terms of revenue 136.87 USD Million in 2024
- Key Country: South Korea, leading in terms of revenue with value of 136.87 USD Million in 2024.
Segments and Scope
-
South Korea Industrial Enzymes Market to 2032, By Application
- Food & Beverages is the largest segment in South Korea Industrial Enzymes Market to 2032 with a revenue of 220.23 USD Million in the year 2024.
- Detergents is the Fastest growing segment in South Korea Industrial Enzymes Market to 2032 with a Growth rate of 7.74 % in forecast period 2025-2032.
-
South Korea Industrial Enzymes Market to 2032, By Form
- Liquid is the largest segment in South Korea Industrial Enzymes Market to 2032 with a revenue of 53.77 USD Million in the year 2024.
- Liquid is the Fastest growing segment in South Korea Industrial Enzymes Market to 2032 with a Growth rate of 8.13 % in forecast period 2025-2032.
-
South Korea Industrial Enzymes Market to 2032, By Fermentation Technique
- Submerged Fermentation is the largest segment in South Korea Industrial Enzymes Market to 2032 with a revenue of 89.47 USD Million in the year 2024.
- Submerged Fermentation is the Fastest growing segment in South Korea Industrial Enzymes Market to 2032 with a Growth rate of 7.78 % in forecast period 2025-2032.
-
South Korea Industrial Enzymes Market to 2032, By Source
- Microorganism-Based is the largest segment in South Korea Industrial Enzymes Market to 2032 with a revenue of 101.95 USD Million in the year 2024.
- Microorganism-Based is the Fastest growing segment in South Korea Industrial Enzymes Market to 2032 with a Growth rate of 7.65 % in forecast period 2025-2032.
-
South Korea Industrial Enzymes Market to 2032, By Type
- Carbohydrases is the largest segment in South Korea Industrial Enzymes Market to 2032 with a revenue of 43.30 USD Million in the year 2024.
- Carbohydrases is the Fastest growing segment in South Korea Industrial Enzymes Market to 2032 with a Growth rate of 8.65 % in forecast period 2025-2032.
South Korea Industrial Enzymes Market Company Share Analysis
| Company Name |
|
||
| Novozymes A/S | |||
| BASF SE | |||
| F. Hoffmann-La Roche Ltd. | |||
| AB Enzymes | |||
| dsm-firmenich | |||
South Korea Industrial Enzymes Market Geographical Sales Distribution, 2018-2032 USD Million
South Korea Industrial Enzymes Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Korea Industrial Enzymes Market is segmented based on Segmentation Application,Form,Fermentation Technique,Source,Type.
South Korea Industrial Enzymes Market was valued at USD 136.87(Revenue in USD Million) in 2023.
South Korea Industrial Enzymes Market is projected to grow at a CAGR of 7.59% during the forecast period of 2024 to 2032.
The Food & Beverages segment is expected to dominate the South Korea Industrial Enzymes Market, holding a largest market share of 220.23 USD Million in 2024
South Korea Industrial Enzymes Market Scope
South Korea Industrial Enzymes Market Segmentation & Scope
Application
- Biofuel
- Paper & Pulp
- Others
- Wastewater Treatment
- Textiles & Leather
- Detergents
- Pharmaceutical, Diagnostics & Therapeutic Application
- Animal Feed
- Personal Care & Cosmetics
- Food & Beverages
Form
- Others
- Gel
- Granular
- Dry
- Liquid
Fermentation Technique
- Solid-Substrate Fermentation
- Submerged Fermentation
Source
- Animal-Based
- Plant-Based
- Microorganism-Based
Type
- Nucleases
- Polymerase
- Isomerases
- Lyases
- Transferases
- Others
- Oxidoreductases
- Hydrolases
- Carbohydrases
Frequently Asked Questions
The South Korea Industrial Enzymes Market is segmented based on Segmentation Application,Form,Fermentation Technique,Source,Type.
South Korea Industrial Enzymes Market was valued at USD 136.87(Revenue in USD Million) in 2023.
South Korea Industrial Enzymes Market is projected to grow at a CAGR of 7.59% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Industrial Enzymes Market for final year is USD 228.34 (USD Million).
South Korea Industrial Enzymes Market Company Profiling
Frequently Asked Questions
The South Korea Industrial Enzymes Market is segmented based on Segmentation Application,Form,Fermentation Technique,Source,Type.
South Korea Industrial Enzymes Market was valued at USD 136.87(Revenue in USD Million) in 2023.
South Korea Industrial Enzymes Market is projected to grow at a CAGR of 7.59% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Industrial Enzymes Market for final year is USD 228.34 (USD Million).
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