Market Overview:
The global animal lipase market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for animal lipase from the food industry, pharmaceuticals, and other applications. The cattle segment is expected to dominate the global animal lipase market during the forecast period owing to its high production of enzymes as compared to other animals. North America is expected to lead the global animal lipase market during the forecast period owing to its well-developed food and pharmaceutical industries.
Product Definition:
An enzyme that catalyzes the hydrolysis of ester bonds in lipids, releasing fatty acids and glycerol. Animal lipase is important in the digestion of dietary fats.
Cattle:
Cattle is the meat obtained from bovine animals, which includes both domestic and wild species. The cattle-lipase market is expected to witness significant growth over the forecast period owing to increasing demand for dairy products such as butter, yogurt, and cheese. Cattle are also used for producing biofuels through lipase conversion in their droppings known as biodiesel or biobutanol.
Sheep:
Sheep is a bovine animal that has been widely used for its milk, meat, and wool. The sheep population has been on the rise globally over the past few decades due to an increase in agricultural productivity and technological developments in dairy farming. This factor is expected to drive demand for sheep lipase during the forecast period.
Application Insights:
The food industry application segment led the global animal lipase market in 2017 and is projected to expand at a revenue-based CAGR of XX% over the forecast period. Rising awareness regarding health benefits among consumers, including reduction in cholesterol levels and prevention from heart diseases has resulted in increased demand for processed foods with reduced fat content. This trend is expected to continue over the next few years, which will positively influence product demand within this sector.
Animal lipases have applications other than just reducing fat content; they can be used as an enzyme that helps enhance flavor as well as improve nutritional value of food products such as meat, dairy products, oils & fats and bakery & confectionery items.
Regional Analysis:
North America dominated the global animal lipase market in 2017. The region is expected to maintain its position during the forecast period. North America has a well-established food & beverage industry, which makes it an attractive regional market for animal lipases. Furthermore, increasing meat consumption in this region is also expected to drive demand over the forecast period.
Asia Pacific is anticipated to be one of the fastest-growing regions during the same period owing to rapid economic growth and expanding food processing sector in emerging countries such as China and India.
Growth Factors:
- Increasing demand for animal-based products: The global population is growing at a rapid pace and with it, the demand for animal-based products is also increasing. This will create opportunities for the Animal Lipase market as it helps in breaking down complex proteins into simpler ones that can be easily digested by animals.
- Rising awareness about the benefits of enzymes: There is a growing awareness among people about the benefits of enzymes, which is helping to drive demand for Animal Lipase products. Enzymes play an important role in digestion and help improve overall health.
- Growing popularity of functional foods: Functional foods are those that offer additional health benefits beyond basic nutrition. They are becoming increasingly popular due to their ability to improve overall health and well-being. Animal Lipase enzymes are being used in many functional food products due to their digestive properties.
Scope Of The Report
Report Attributes
Report Details
Report Title
Animal Lipase Market Research Report
By Type
Cattle, Sheep, Pig
By Application
Food Industry, Pharmaceutical, Other
By Companies
Creative Enzymes, Bioseutica, Chr. Hansen, Caglificio Clerici, Renco
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
155
Number of Tables & Figures
109
Customization Available
Yes, the report can be customized as per your need.
Global Animal Lipase Market Report Segments:
The global Animal Lipase market is segmented on the basis of:
Types
Cattle, Sheep, Pig
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food Industry, Pharmaceutical, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Creative Enzymes
- Bioseutica
- Chr. Hansen
- Caglificio Clerici
- Renco
Highlights of The Animal Lipase Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cattle
- Sheep
- Pig
- By Application:
- Food Industry
- Pharmaceutical
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Animal Lipase Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Animal lipase is a type of enzyme that helps break down fats in food. It is found in animal tissues, such as meat, milk, and eggs. Animal lipase can also be found in some plant-based foods, such as nuts and seeds.
Some of the key players operating in the animal lipase market are Creative Enzymes, Bioseutica, Chr. Hansen, Caglificio Clerici, Renco.
The animal lipase market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Animal Lipase Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Animal Lipase Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Animal Lipase Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Animal Lipase Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Animal Lipase Market Size & Forecast, 2018-2028 4.5.1 Animal Lipase Market Size and Y-o-Y Growth 4.5.2 Animal Lipase Market Absolute $ Opportunity
Chapter 5 Global Animal Lipase Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Animal Lipase Market Size Forecast by Type
5.2.1 Cattle
5.2.2 Sheep
5.2.3 Pig
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Animal Lipase Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Animal Lipase Market Size Forecast by Applications
6.2.1 Food Industry
6.2.2 Pharmaceutical
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Animal Lipase Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Animal Lipase Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Animal Lipase Analysis and Forecast
9.1 Introduction
9.2 North America Animal Lipase Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Animal Lipase Market Size Forecast by Type
9.6.1 Cattle
9.6.2 Sheep
9.6.3 Pig
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Animal Lipase Market Size Forecast by Applications
9.10.1 Food Industry
9.10.2 Pharmaceutical
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Animal Lipase Analysis and Forecast
10.1 Introduction
10.2 Europe Animal Lipase Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Animal Lipase Market Size Forecast by Type
10.6.1 Cattle
10.6.2 Sheep
10.6.3 Pig
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Animal Lipase Market Size Forecast by Applications
10.10.1 Food Industry
10.10.2 Pharmaceutical
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Animal Lipase Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Animal Lipase Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Animal Lipase Market Size Forecast by Type
11.6.1 Cattle
11.6.2 Sheep
11.6.3 Pig
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Animal Lipase Market Size Forecast by Applications
11.10.1 Food Industry
11.10.2 Pharmaceutical
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Animal Lipase Analysis and Forecast
12.1 Introduction
12.2 Latin America Animal Lipase Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Animal Lipase Market Size Forecast by Type
12.6.1 Cattle
12.6.2 Sheep
12.6.3 Pig
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Animal Lipase Market Size Forecast by Applications
12.10.1 Food Industry
12.10.2 Pharmaceutical
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Animal Lipase Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Animal Lipase Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Animal Lipase Market Size Forecast by Type
13.6.1 Cattle
13.6.2 Sheep
13.6.3 Pig
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Animal Lipase Market Size Forecast by Applications
13.10.1 Food Industry
13.10.2 Pharmaceutical
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Animal Lipase Market: Competitive Dashboard
14.2 Global Animal Lipase Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Creative Enzymes
14.3.2 Bioseutica
14.3.3 Chr. Hansen
14.3.4 Caglificio Clerici
14.3.5 Renco