Market Overview:
The global liquid phytases market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for phytase enzymes from the food, pharmaceutical, and feed industries. The acid phytase segment is projected to grow at a higher CAGR than the alkaline phytase segment during the forecast period. North America is estimated to account for the largest share of the global liquid phytases market in 2018, followed by Europe and Asia Pacific. However, Asia Pacific is projected to grow at a higher CAGR than other regions during the forecast period.
Product Definition:
Liquid Phytases is an enzyme derived from plants that helps to break down the phytic acid in plant-based foods. This enzyme is important because it can help to improve the absorption of minerals, such as zinc and iron, from these foods.
Acid Phytase:
Acid phytase is a plant enzyme, which helps in the breakdown of complex sugars found in plants into simpler ones. It also aids in increasing the yield of sugar from crops such as sugarcane and corn. The enzyme increases the solubility and activity of sucrose during its conversion to glucose syrup or sweeteners. Thus, it plays an important role during manufacturing processes for food & beverages and chemical industries.
Alkaline Phytase:
Alkaline Phytase is a type of phytase enzyme that is extracted from plant materials such as soybeans, wheat, and corn. It has the ability to resist an acidic environment and thus maintain its activity even after being stored for a long time. This property makes alkaline phytase useful in food & beverage industry as well as in the chemical industries.
Application Insights:
The food industry was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. Liquid phytases are used as processing aids in several food products such as fruit juices, vegetable juice, soy sauce, vinegar, sauces and salad dressings. The rising demand for vegan diet products is expected to boost product consumption in the food industry over the coming years.
Liquid phytase enzyme plays an important role in feed manufacturing process of animal origin or plant-based protein sources including soybean meal and cottonseed meal among others. Phytase enzymes promote digestion improvement of livestock by reducing rumen acidosis which results into increased milk yield & quality along with weight reduction of animals consumed in dairy farming applications globally.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position through 2030, with the U.S., being the major contributor to regional growth. The presence of a large number of companies coupled with high R&D expenditure and technological advancements are some factors that can be attributed to North America’s dominance over other regions.
Asia Pacific is anticipated to witness significant growth during the forecast period owing to increasing demand for meat products from developing countries such as China and India, which will drive product consumption in this region. In addition, rising awareness regarding nutritional diet among consumers from middle-income groups will fuel industry expansion over the next few years in this region as well as others such as Africa and Latin America where animal feed production plays an important role in economic development along with food production systems associated with it (i).
Growth Factors:
- Increasing demand for animal feed due to the growth in livestock population
- Rising awareness about the benefits of phytase enzymes in animal feed
- Growing demand for organic food products
- Technological advancements in liquid phytases production process
- Rising prices of traditional feed additives
Scope Of The Report
Report Attributes
Report Details
Report Title
Liquid Phytases Market Research Report
By Type
Acid Phytase, Alkaline Phytase
By Application
Food Industry, Pharmaceutical Industry, Feed Industry
By Companies
BASF, DuPont, DSM, AB Enzymes, Beijing Smistyle, VTR, Jinan Tiantianxiang (TTX）, Huvepharma, Novozymes, Vland Biotech Group, BASF
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
141
Number of Tables & Figures
99
Customization Available
Yes, the report can be customized as per your need.
Global Liquid Phytases Market Report Segments:
The global Liquid Phytases market is segmented on the basis of:
Types
Acid Phytase, Alkaline Phytase
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 Industry, Feed Industry
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:
- BASF
- DuPont
- DSM
- AB Enzymes
- Beijing Smistyle
- VTR
- Jinan Tiantianxiang (TTX）
- Huvepharma
- Novozymes
- Vland Biotech Group
- BASF
Highlights of The Liquid Phytases 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:
- Acid Phytase
- Alkaline Phytase
- By Application:
- Food Industry
- Pharmaceutical Industry
- Feed Industry
- 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 Liquid Phytases 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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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?
Liquid Phytases are enzymes that break down plant-based proteins. They are used to treat food allergies and other food sensitivities.
Some of the key players operating in the liquid phytases market are BASF, DuPont, DSM, AB Enzymes, Beijing Smistyle, VTR, Jinan Tiantianxiang (TTX）, Huvepharma, Novozymes, Vland Biotech Group, BASF.
The liquid phytases market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Liquid Phytases 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 Liquid Phytases Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Liquid Phytases 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 Liquid Phytases 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 Liquid Phytases Market Size & Forecast, 2020-2028
4.5.1 Liquid Phytases Market Size and Y-o-Y Growth
4.5.2 Liquid Phytases Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Acid Phytase
5.2.2 Alkaline Phytase
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Food Industry
6.2.2 Pharmaceutical Industry
6.2.3 Feed Industry
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Liquid Phytases 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 Liquid Phytases 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Acid Phytase
9.6.2 Alkaline Phytase
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 Market Size Forecast by Applications
9.10.1 Food Industry
9.10.2 Pharmaceutical Industry
9.10.3 Feed Industry
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Acid Phytase
10.6.2 Alkaline Phytase
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 Market Size Forecast by Applications
10.10.1 Food Industry
10.10.2 Pharmaceutical Industry
10.10.3 Feed Industry
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Acid Phytase
11.6.2 Alkaline Phytase
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 Market Size Forecast by Applications
11.10.1 Food Industry
11.10.2 Pharmaceutical Industry
11.10.3 Feed Industry
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Acid Phytase
12.6.2 Alkaline Phytase
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 Market Size Forecast by Applications
12.10.1 Food Industry
12.10.2 Pharmaceutical Industry
12.10.3 Feed Industry
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Acid Phytase
13.6.2 Alkaline Phytase
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) Market Size Forecast by Applications
13.10.1 Food Industry
13.10.2 Pharmaceutical Industry
13.10.3 Feed Industry
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 Liquid Phytases Market: Competitive Dashboard
14.2 Global Liquid Phytases Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BASF
14.3.2 DuPont
14.3.3 DSM
14.3.4 AB Enzymes
14.3.5 Beijing Smistyle
14.3.6 VTR
14.3.7 Jinan Tiantianxiang (TTX）
14.3.8 Huvepharma
14.3.9 Novozymes
14.3.10 Vland Biotech Group
14.3.11 BASF
