Market Overview:
The global hesperidinase 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 food and feed additives, cosmetic additives, and others. The purity 98% segment is expected to dominate the global hesperidinase market during the forecast period owing to its high purity and better performance as compared to other types of hesperidinases. North America is expected to lead the global hesperidinase market during the forecast period owing to its well-developed food & feed additive industry and growing demand for cosmetic additives.
Product Definition:
Hesperidinase is an enzyme that catalyzes the degradation of hesperidin to naringenin and glucose. Hesperidinase is important for metabolizing dietary flavonoids, including hesperidin, naringenin, and quercetin.
Purity 98%:
Purity 98% is a highly concentrated solution of vitamin B1 (thiamine) and riboflavin. It is used as an analytical reagent for the detection of impurities in pharmaceuticals, food & beverages, feed additives and other industries. Vitamin B1 (thiamine) plays an important role in the body to enable normal functioning of all cells and tissues; it helps maintain heart health, proper nervous system function along with aiding digestion.
Purity 99%:
Purity 99% is a patented enzyme technology developed by Swiss biotechnology company, Novozymes. The enzyme, Hesperidinase is used for the detection of purity and specific activity of enzymes on an industrial scale. It provides highly sensitive and accurate results which are essential in nature for quality control purposes as well as to ensure product safety.
The high specificity.
Application Insights:
The other applications include pharmaceuticals and nutraceuticals. The food & feed additives segment dominated the global market in terms of revenue in 2017, accounting for over 60% share of the overall market. The cosmetic additives segment is expected to witness significant growth during the forecast period owing to rising awareness regarding beauty and health among consumers globally.
Hesperidin is used as a flavoring agent in various foods such as cheese, chocolate bars, beverages (such as wine), ice cream and yogurt which are widely consumed throughout the world especially in countries such as Italy, France Germany U.S., China India etc. In additionhesperidin also finds its usage as an additive for animal feed which enhances both animal productivity & efficiency along with providing enhanced meat quality & coloration due to improved marbling seen particularly inthe liver tissue of animals supplemented with hesperidin (as observedby researchers at Michigan State University).
Regional Analysis:
Asia Pacific was the largest market in 2016 and is expected to continue its dominance over the forecast period. The region accounts for a major share of global food & feed additives market, which can be attributed to high Hesperidin consumption in various countries such as China, Japan, India and Australia. Increasing demand from end-use industries such as cosmetics is also anticipated to drive growth over the coming years.
Europe accounted for more than 25% of global hesperidinase market revenue in 2016 owing to increasing R&D investments by domestic players coupled with government initiatives aimed at improving product quality standard across the region. North America emerged as second-largest regional segment due to growing consumer awareness regarding health benefits associated with natural products coupled with rising demand from end-use industries such as pharmaceuticals and cosmetics has been driving growth since past few years.
Growth Factors:
- Increasing demand for natural and healthy ingredients in food and beverage industry.
- Rising awareness about the health benefits of hesperidinase among consumers.
- Growing popularity of functional foods and beverages that contain hesperidinase as an ingredient.
- Proliferation of new applications for hesperidinase in various industries such as nutraceuticals, cosmeceuticals, etc.
Scope Of The Report
Report Attributes
Report Details
Report Title
Hesperidinase Market Research Report
By Type
Purity 98%, Purity 99%, Others
By Application
Food & Feed Additives, Cosmetic Additives, Others
By Companies
Ulcho Biochemical, Hangzhou Keying Chem, Hangzhou Fanda Chemical, Huayuan Shengtai Biological Technology
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Hesperidinase Market Report Segments:
The global Hesperidinase market is segmented on the basis of:
Types
Purity 98%, Purity 99%, Others
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 & Feed Additives, Cosmetic Additives, Others
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:
- Ulcho Biochemical
- Hangzhou Keying Chem
- Hangzhou Fanda Chemical
- Huayuan Shengtai Biological Technology
Highlights of The Hesperidinase 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:
- Purity 98%
- Purity 99%
- Others
- By Application:
- Food & Feed Additives
- Cosmetic Additives
- Others
- 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 Hesperidinase 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
- Identifying Appropriate Advertising Appeals
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?
Hesperidinase is an enzyme that catalyzes the conversion of hesperidin to luteolin.
Some of the key players operating in the hesperidinase market are Ulcho Biochemical, Hangzhou Keying Chem, Hangzhou Fanda Chemical, Huayuan Shengtai Biological Technology.
The hesperidinase market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Hesperidinase Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Hesperidinase Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Hesperidinase Market - Supply Chain
4.5. Global Hesperidinase Market Forecast
4.5.1. Hesperidinase Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Hesperidinase Market Size (000 Units) and Y-o-Y Growth
4.5.3. Hesperidinase Market Absolute $ Opportunity
5. Global Hesperidinase Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Hesperidinase Market Size and Volume Forecast by Type
5.3.1. Purity 98%
5.3.2. Purity 99%
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Hesperidinase Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Hesperidinase Market Size and Volume Forecast by Application
6.3.1. Food & Feed Additives
6.3.2. Cosmetic Additives
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Hesperidinase Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Hesperidinase Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Hesperidinase Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Hesperidinase Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Hesperidinase Demand Share Forecast, 2019-2026
9. North America Hesperidinase Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Hesperidinase Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Hesperidinase Market Size and Volume Forecast by Application
9.4.1. Food & Feed Additives
9.4.2. Cosmetic Additives
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Hesperidinase Market Size and Volume Forecast by Type
9.7.1. Purity 98%
9.7.2. Purity 99%
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Hesperidinase Demand Share Forecast, 2019-2026
10. Latin America Hesperidinase Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Hesperidinase Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Hesperidinase Market Size and Volume Forecast by Application
10.4.1. Food & Feed Additives
10.4.2. Cosmetic Additives
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Hesperidinase Market Size and Volume Forecast by Type
10.7.1. Purity 98%
10.7.2. Purity 99%
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Hesperidinase Demand Share Forecast, 2019-2026
11. Europe Hesperidinase Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Hesperidinase Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Hesperidinase Market Size and Volume Forecast by Application
11.4.1. Food & Feed Additives
11.4.2. Cosmetic Additives
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Hesperidinase Market Size and Volume Forecast by Type
11.7.1. Purity 98%
11.7.2. Purity 99%
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Hesperidinase Demand Share, 2019-2026
12. Asia Pacific Hesperidinase Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Hesperidinase Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Hesperidinase Market Size and Volume Forecast by Application
12.4.1. Food & Feed Additives
12.4.2. Cosmetic Additives
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Hesperidinase Market Size and Volume Forecast by Type
12.7.1. Purity 98%
12.7.2. Purity 99%
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Hesperidinase Demand Share, 2019-2026
13. Middle East & Africa Hesperidinase Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Hesperidinase Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Hesperidinase Market Size and Volume Forecast by Application
13.4.1. Food & Feed Additives
13.4.2. Cosmetic Additives
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Hesperidinase Market Size and Volume Forecast by Type
13.7.1. Purity 98%
13.7.2. Purity 99%
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Hesperidinase Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Hesperidinase Market: Market Share Analysis
14.2. Hesperidinase Distributors and Customers
14.3. Hesperidinase Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Ulcho Biochemical
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Hangzhou Keying Chem
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Hangzhou Fanda Chemical
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Huayuan Shengtai Biological Technology
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. COMPANY5
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook