Market Overview:
The global 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 lipases from various applications such as animal feed, dairy, bakery, confectionery and others. Additionally, the growing awareness about the benefits of using lipases is also contributing to the growth of this market. On the basis of type, microbial lipases are expected to dominate the global Lipase Market during forecast period owing their high stability and activity at extreme pH and temperature conditions.
Product Definition:
Lipase is a pancreatic enzyme that catalyzes the hydrolysis of lipids to fatty acids and glycerol. It is important in digestion because it breaks down the fat in food into components that can be absorbed by the body.
Microbial Lipases:
Microbial lipases are enzymes that hydrolyze triglycerides to form glycerol and fatty acids. They are used in pharmaceuticals, nutraceuticals, cosmetics, food & beverages as well as animal feed industries. Microbial lipase is a protein derived from the microorganism culture which is purified by using various techniques such as ion exchange chromatography, gel filtration membrane filtration and centrifugation.
Animal Lipases:
Lipases are enzymes that act as an internal source of energy for various microorganisms. Lipase is produced by a number of microorganisms, including plants, animals and fungi. Animal lipases are used in the formulation of pharmaceutical products for fat digestion and absorption applications.
Application Insights:
The animal feed segment accounted for the largest share of over 40% in 2017. Over the past few years, there has been a rise in demand for processed animal products including meat and dairy products. This is likely to propel demand for lipases during the forecast period. Animal feed includes various components such as grains, oilseeds, concentrates and protein sources that are consumed by animals to produce milk and eggs.
Dairy products include milk & milk derivatives such as butter, yogurt, ice cream etc., produced by mammary glands of cows, goats or sheep respectively.
Regional Analysis:
Europe was the largest regional market in 2017 owing to high demand from several industries. The presence of major feed manufacturers, such as JBS, Ruminator, and Elanco; has fueled the product demand in this region. Asia Pacific is expected to be one of the fastest-growing markets due to increasing population and rising disposable income levels coupled with government initiatives for improving food security. Furthermore, growing meat consumption is also anticipated to drive industry expansion over the forecast period.
North America accounted for a significant share of revenue in 2017 owing to high animal feed production coupled with technological advancements pertaining towards enzyme extraction from microorganisms and animals.
Growth Factors:
- Increasing demand for biofuels: The global lipase market is expected to grow at a CAGR of 5.5% from 2016 to 2021, owing to the increasing demand for biofuels. Lipases are used in the production of biodiesel, which is a renewable fuel that can be used as an alternative to gasoline and diesel.
- Growing popularity of functional foods: The global lipase market is also driven by the growing popularity of functional foods. Functional foods are those that offer additional health benefits beyond basic nutrition. Lipases are added to functional foods as they help in the digestion and absorption of food components, thus enhancing their nutritional value.
- Rising incidence of digestive disorders: Another key driver for the global lipase market is the rising incidence of digestive disorders such as Crohn’s disease, celiac disease, and lactose intolerance among others. This has led to an increase in demand for dietary supplements and other products that help improve digestion function such as lipases enzymes..
Scope Of The Report
Report Attributes
Report Details
Report Title
Lipase Market Research Report
By Type
Microbial Lipases, Animal Lipases
By Application
Animal Feed, Dairy, Bakery, Confectionery, Others
By Companies
Novozymes, Koninklijke Dsm, Enzyme Development, Amano Enzymes, Associated British Foods, DuPont, Advanced Enzymes, Clerici-Sacco, Renco New Zealand
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Lipase Market Report Segments:
The global Lipase market is segmented on the basis of:
Types
Microbial Lipases, Animal Lipases
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
Animal Feed, Dairy, Bakery, Confectionery, 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:
- Novozymes
- Koninklijke Dsm
- Enzyme Development
- Amano Enzymes
- Associated British Foods
- DuPont
- Advanced Enzymes
- Clerici-Sacco
- Renco New Zealand
Highlights of The 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:
- Microbial Lipases
- Animal Lipases
- By Application:
- Animal Feed
- Dairy
- Bakery
- Confectionery
- 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 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
- 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?
Lipase is an enzyme that breaks down lipids.
Some of the major companies in the lipase market are Novozymes, Koninklijke Dsm, Enzyme Development, Amano Enzymes, Associated British Foods, DuPont, Advanced Enzymes, Clerici-Sacco, Renco New Zealand.
The lipase market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Lipase 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. Lipase Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Lipase Market - Supply Chain
4.5. Global Lipase Market Forecast
4.5.1. Lipase Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Lipase Market Size (000 Units) and Y-o-Y Growth
4.5.3. Lipase Market Absolute $ Opportunity
5. Global Lipase 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. Lipase Market Size and Volume Forecast by Type
5.3.1. Microbial Lipases
5.3.2. Animal Lipases
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Lipase 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. Lipase Market Size and Volume Forecast by Application
6.3.1. Animal Feed
6.3.2. Dairy
6.3.3. Bakery
6.3.4. Confectionery
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Lipase 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. Lipase 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 Lipase 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. Lipase 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 Lipase Demand Share Forecast, 2019-2029
9. North America Lipase 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 Lipase 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 Lipase Market Size and Volume Forecast by Application
9.4.1. Animal Feed
9.4.2. Dairy
9.4.3. Bakery
9.4.4. Confectionery
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Lipase Market Size and Volume Forecast by Type
9.7.1. Microbial Lipases
9.7.2. Animal Lipases
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 Lipase Demand Share Forecast, 2019-2029
10. Latin America Lipase 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 Lipase 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 Lipase Market Size and Volume Forecast by Application
10.4.1. Animal Feed
10.4.2. Dairy
10.4.3. Bakery
10.4.4. Confectionery
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Lipase Market Size and Volume Forecast by Type
10.7.1. Microbial Lipases
10.7.2. Animal Lipases
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 Lipase Demand Share Forecast, 2019-2029
11. Europe Lipase 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 Lipase 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 Lipase Market Size and Volume Forecast by Application
11.4.1. Animal Feed
11.4.2. Dairy
11.4.3. Bakery
11.4.4. Confectionery
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Lipase Market Size and Volume Forecast by Type
11.7.1. Microbial Lipases
11.7.2. Animal Lipases
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.. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Lipase Demand Share, 2019-2029
12. Asia Pacific Lipase 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 Lipase 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 Lipase Market Size and Volume Forecast by Application
12.4.1. Animal Feed
12.4.2. Dairy
12.4.3. Bakery
12.4.4. Confectionery
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Lipase Market Size and Volume Forecast by Type
12.7.1. Microbial Lipases
12.7.2. Animal Lipases
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 Lipase Demand Share, 2019-2029
13. Middle East & Africa Lipase 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 Lipase 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 Lipase Market Size and Volume Forecast by Application
13.4.1. Animal Feed
13.4.2. Dairy
13.4.3. Bakery
13.4.4. Confectionery
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Lipase Market Size and Volume Forecast by Type
13.7.1. Microbial Lipases
13.7.2. Animal Lipases
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 Lipase Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Lipase Market: Market Share Analysis
14.2. Lipase Distributors and Customers
14.3. Lipase Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Novozymes
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Koninklijke Dsm
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Enzyme Development
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Amano Enzymes
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Associated British Foods
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. DuPont
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Advanced Enzymes
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Clerici-Sacco
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Renco New Zealand
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
