Global Protein Hydrolysis Enzyme Market, By Source (Animal, Plant, Micro-Organism), Application (Detergent and Cleansing, Pharmaceutical, Food and Beverages, Textile, Others) – Industry Trends and Forecast to 2029.
Protein Hydrolysis Enzyme Market Analysis and Size
The global protein hydrolysis enzyme market is expected to witness significant growth during the forecast period. The “microorganism” segment is the fastest growing sector due to increasing demand in detergent and cleaning applications during the forecast period. The technological innovation and the growth of the Pharma sector would further rise numerous prospects for the growth of the protein hydrolysis enzyme market.
Data Bridge Market Research analyses that the protein hydrolysis enzyme market was valued at USD 2.20 billion in 2021 and is expected to reach USD 3.20 billion by 2029, registering a CAGR of 4.80% during the forecast period of 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Protein Hydrolysis Enzyme Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Source (Animal, Plant, Micro-Organism), Application (Detergent and Cleansing, Pharmaceutical, Food and Beverages, Textile, Others)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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Novozymes (Denmark), BASF SE (Germany), DuPont (U.S.), Associated British Foods (U.K.), DSM (Netherlands), Dyadic International Inc., (U.S.), Advanced enzyme Technologies (India), Aumgene Biosciences (India), Chr. Hansen Holding A/S (Denmark), Amano Enzyme Inc. (Japan), F. Hoffmann-La Roche Ltd (Switzerland), Codexis, Inc. (U.S.), Sanofi (France), Creative Enzymes (U.S.), Enzyme Solutions (U.S.), Enzymatic Deinking Technologies, LLC (U.S.), Biocatalysts (U.K.)
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Market Opportunities
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Market Definition
Protein hydrolysis is the process in which proteins are breakdown into smaller peptides and amino acids. Protease enzymes such as pancreatic protease are the most common protein hydrolysis techniques which is used commercially and simulates the hydrolytic process. Most of the enzymes used for protein hydrolysis are from plant sources (such as ficin from fig, papain from papaya, and bromelain from pineapple), animal sources (such as pepsin and pancreatin), and microbial sources (such as Alcalase).
Global Protein Hydrolysis Enzyme Market Dynamics
Drivers
- Increasing usage of microorganism based sources
Microorganisms segment is witnessed for the largest revenue share for the growth of the market. The microorganism source has extensive uses in cleaning and detergent products. Also, microbial protein hydrolysis enzyme sources have many advantages such as high usage in the fermentation sector, cheap production costs, and use in genetic manipulation. All of these factors are the major reasons that are expected to increase the demand for the global microorganism and derive the growth rate of the protein hydrolysis enzyme market.
- Growing demand for protein hydrolysates
Increasing demand for protein hydrolysates in nutrition for animals is anticipated to increase the growth of the protein hydrolysis enzyme market. The demand for the protein hydrolysates increase because it is used in the formulation of infant formulas. Protein hydrolysis enzymes can also be used to manage phosphorus pollution and nitrogen content. This is gaining traction in the industry and is projected to boost the demand for the protein hydrolysates and drive the market growth in the forecast period.
Opportunities
- Rising demand of protein hydrolysis enzyme in multiple application
Protein hydrolysis enzyme is used for a variety of applications such as extracting valuable medicinal compounds, meat tenderization, making delicious tastes, making hydrolysates, protein solubilisation and making certain functional peptides. Detergents, animal feed, Textiles, pharmaceuticals, photography, and food & beverage are just a few major sectors that use protein hydrolysis enzymes. The rising demand for protein hydrolysis enzyme in multiple applications is expected to generate lucrative opportunities for the market's growth rate.
Furthermore, growing advancement in technology along with the growth of the pharmaceutical sector will further increase several opportunities for the growth of the protein hydrolysis enzyme market during the forecast period.
Restraints/ Challenges
- Availability of raw material and high cost
Lack of raw materials coupled with the high price and possibility of the presence of enzyme inhibitors in the raw protein components are some drawbacks impeding the market's growth. Furthermore, the market's growth is projected to be hindered in the upcoming years by its limited food function. The availability of alternative chemicals and shelf life difficulties are two major factors which is limiting the protein hydrolysis enzymes market's growth globally.
This protein hydrolysis enzyme market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the protein hydrolysis enzyme market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
COVID-19 Impact on Protein Hydrolysis Enzyme Market
The protein hydrolysis enzyme sector was combined effect by COVID-19 pandemic but the lockdowns during pandemic posed a number of problems for industry participants which is including logistical difficulties in shipping end goods, disrupted supply chains, and recruiting staff from quarantines. The coronavirus outbreak the government has imposed lockdowns that have temporarily disturbed the activities of several industries such as protein hydrolysis enzyme industry.
On the brighter side, the increasing hygiene worries and measures to control the spread of infectious diseases such as coronavirus accelerated the market growth. Thus, COVID-19 left a combined impact on the growth of the protein hydrolysis enzyme market.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Developments
- In June 2020, Novozymes has introduced two new enzymes which aids food manufacturers to produce tasty and label-friendly meat alternative with less salt.
Global Protein Hydrolysis Enzyme Market Scope
The protein hydrolysis enzyme market is segmented on the basis of source and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Source
- Animal
- Plant
- Micro-Organism
Application
- Detergent and Cleansing
- Pharmaceutical
- Food and Beverages
- Textile
- Others
Protein Hydrolysis Enzyme Market Regional Analysis/Insights
The protein hydrolysis enzyme market is analysed and market size insights and trends are provided by country, source and application as referenced above.
The countries covered in the protein hydrolysis enzyme market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the protein hydrolysis enzyme market in terms of market share due to the increasing animal feed and detergent market in this region. Also, the region's growing pharmaceutical industries have positively affected the market.
Asia-Pacific is anticipated to be the fastest developing region during the forecast period of 2022-2029 due to the increasing preferences towards convenient and new products along with growth of animal feed and pharmaceutical industry in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Protein Hydrolysis Enzyme Market Share Analysis
The protein hydrolysis enzyme market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to protein hydrolysis enzyme market.
Some of the major players operating in the protein hydrolysis enzyme market are:
- Novozymes (Denmark)
- BASF SE (Germany)
- DuPont (U.S.)
- Associated British Foods (U.K.)
- DSM (Netherlands)
- Dyadic International Inc., (U.S.)
- Advanced Protein hydrolysis enzyme Technologies (India)
- Aumgene Biosciences (India)
- Chr. Hansen Holding A/S (Denmark)
- Amano Enzyme Inc. (Japan)
- F. Hoffmann-La Roche Ltd (Switzerland)
- Codexis, Inc. (U.S.)
- Sanofi (France)
- Creative Protein hydrolysis enzyme (U.S.)
- Enzyme Solutions (U.S.)
- Enzymatic Deinking Technologies, LLC (U.S.)
- Biocatalysts (U.K.)
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