Market Overview:
The global specialty enzymes market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for specialty enzymes from pharmaceutical and biotechnology applications. In addition, the growing demand for bio-based products is also contributing to the growth of this market. The global specialty enzymes market by type is segmented into proteases, carbohydrases, polymerases and nucleases, lipase, and other enzymes. The carbohydrases segment is expected to grow at the highest CAGR during the forecast period owing to its increasing use in detergents and food & beverage applications. The global specialty enzymes market by application is segmented into pharmaceutical applications, biotechnology and R&D application, industrial application including pulp & paper processing and textile processing), food & beverage processing, animal feed additives industry), environmental remediation (wastewater treatment) sector), others (including cosmetics). Pharmaceuticals are expected to account for the largest share of this market in 2018 owing to rising demand for enzyme-based therapeutics across various indications such as cancer,.
Product Definition:
A specialty enzyme is a type of enzyme that has been specifically designed to catalyze one reaction or a limited number of reactions. Specialty enzymes are often used in biotechnology and industrial applications, where they can be used to produce specific molecules or products. The importance of specialty enzymes lies in their ability to catalyze specific reactions with high efficiency and specificity. This makes them ideal for use in biotechnology and other industrial applications where precise control over the production process is essential.
Protease:
Protease is an enzyme that acts as a catalyst in the hydrolysis of protein. Proteinases are used for various applications such as food industry, medical & healthcare, animal feed industry and others.
Carbohydrases:
Carbohydrases are a group of enzymes that catalyze the breakdown of carbohydrates into sugars. Carbohydrase is an important enzyme in biological systems and plays an active role in various metabolic processes including glycosylation, purification, and synthesis of amino acids. These are used as specialty enzymes for various applications such as research & development activities, biotechnology industries & clinical trials and food industry.
Application Insights:
The biotechnology and R&D application segment dominated the global specialty enzymes market in 2017, accounting for a revenue share of over 27%. The growth can be attributed to the rising number of drug discovery initiatives undertaken by various companies. For instance, in April 2016, Amgen launched an initiative to invest around USD 300 million annually on new research projects that focus on cancer and rare diseases. This is expected to drive demand for specialty enzymes from 2018 to 2030.
Pharmaceutical applications are anticipated witness significant growth during the forecast period owing to increasing product utilization across several pharmaceutical processes such as protease inhibitor production and active pharmaceutical ingredient manufacturing (API). Increasing healthcare spending along with a growing population is likely fuel demand globally during the study period.
Regional Analysis:
North America dominated the global market in 2017. The growth of this region can be attributed to factors such as increasing R&D activities and high prevalence of chronic diseases. Moreover, presence of key players in this region is also expected to drive the regional demand for specialty enzymes over the forecast period.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to rising healthcare expenditure by governments and private sectors coupled with growing awareness regarding various treatments available for various diseases prevalent in this region. In addition, favorable regulatory policies are also expected to contribute towards industry growth during the same period. For instance, Indian government has approved a National Pharmaceuticals Policy (NPP) that aims at promoting innovation through public-private partnerships and encouraging foreign direct investment (FDI).
Growth Factors:
- Increasing demand for specialty enzymes in the food and beverage industry as a result of changing consumer preferences towards healthier foods.
- Growing demand for biofuels, which is expected to drive the growth of the specialty enzymes market over the forecast period.
- Rising awareness about the benefits of using specialty enzymes in various industrial applications is projected to boost market growth during the forecast period.
- Technological advancements in enzyme production are anticipated to create new opportunities for players operating in this market over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Specialty Enzymes Market Research Report
By Type
Protease, Carbohydrases, Polymerases and Nucleases, Lipase, Other
By Application
Pharmaceutical Applications, Biotechnology and R&D Application
By Companies
Novozymes, Dupont, DSM, BASF, AB Enzymes, CHR.Hansen, Soufflet Group, Longda Bio-products, Biocatalysts, ORBA, Biovet
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
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Specialty Enzymes Market Report Segments:
The global Specialty Enzymes market is segmented on the basis of:
Types
Protease, Carbohydrases, Polymerases and Nucleases, Lipase, Other
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
Pharmaceutical Applications, Biotechnology and R&D Application
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
- Dupont
- DSM
- BASF
- AB Enzymes
- CHR.Hansen
- Soufflet Group
- Longda Bio-products
- Biocatalysts
- ORBA
- Biovet
Highlights of The Specialty Enzymes 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:
- Protease
- Carbohydrases
- Polymerases and Nucleases
- Lipase
- Other
- By Application:
- Pharmaceutical Applications
- Biotechnology and R&D Application
- 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 Specialty Enzymes 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?
Specialty enzymes are enzymes that are specifically designed to catalyze a specific chemical reaction. These enzymes can be found in many different parts of the body, including the liver, pancreas, and muscles.
Some of the major companies in the specialty enzymes market are Novozymes, Dupont, DSM, BASF, AB Enzymes, CHR.Hansen, Soufflet Group, Longda Bio-products, Biocatalysts, ORBA, Biovet.
The specialty enzymes market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Specialty Enzymes 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. Specialty Enzymes Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Specialty Enzymes Market - Supply Chain
4.5. Global Specialty Enzymes Market Forecast
4.5.1. Specialty Enzymes Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Specialty Enzymes Market Size (000 Units) and Y-o-Y Growth
4.5.3. Specialty Enzymes Market Absolute $ Opportunity
5. Global Specialty Enzymes 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. Specialty Enzymes Market Size and Volume Forecast by Type
5.3.1. Protease
5.3.2. Carbohydrases
5.3.3. Polymerases and Nucleases
5.3.4. Lipase
5.3.5. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Specialty Enzymes 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. Specialty Enzymes Market Size and Volume Forecast by Application
6.3.1. Pharmaceutical Applications
6.3.2. Biotechnology and R&D Application
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Specialty Enzymes 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. Specialty Enzymes 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 Specialty Enzymes 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. Specialty Enzymes 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 Specialty Enzymes Demand Share Forecast, 2019-2026
9. North America Specialty Enzymes 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 Specialty Enzymes 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 Specialty Enzymes Market Size and Volume Forecast by Application
9.4.1. Pharmaceutical Applications
9.4.2. Biotechnology and R&D Application
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Specialty Enzymes Market Size and Volume Forecast by Type
9.7.1. Protease
9.7.2. Carbohydrases
9.7.3. Polymerases and Nucleases
9.7.4. Lipase
9.7.5. Other
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 Specialty Enzymes Demand Share Forecast, 2019-2026
10. Latin America Specialty Enzymes 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 Specialty Enzymes 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 Specialty Enzymes Market Size and Volume Forecast by Application
10.4.1. Pharmaceutical Applications
10.4.2. Biotechnology and R&D Application
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Specialty Enzymes Market Size and Volume Forecast by Type
10.7.1. Protease
10.7.2. Carbohydrases
10.7.3. Polymerases and Nucleases
10.7.4. Lipase
10.7.5. Other
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 Specialty Enzymes Demand Share Forecast, 2019-2026
11. Europe Specialty Enzymes 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 Specialty Enzymes 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 Specialty Enzymes Market Size and Volume Forecast by Application
11.4.1. Pharmaceutical Applications
11.4.2. Biotechnology and R&D Application
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Specialty Enzymes Market Size and Volume Forecast by Type
11.7.1. Protease
11.7.2. Carbohydrases
11.7.3. Polymerases and Nucleases
11.7.4. Lipase
11.7.5. Other
11.8. Basis Point Share (PS) 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 Specialty Enzymes Demand Share, 2019-2026
12. Asia Pacific Specialty Enzymes 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 Specialty Enzymes 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 Specialty Enzymes Market Size and Volume Forecast by Application
12.4.1. Pharmaceutical Applications
12.4.2. Biotechnology and R&D Application
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Specialty Enzymes Market Size and Volume Forecast by Type
12.7.1. Protease
12.7.2. Carbohydrases
12.7.3. Polymerases and Nucleases
12.7.4. Lipase
12.7.5. Other
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 Specialty Enzymes Demand Share, 2019-2026
13. Middle East & Africa Specialty Enzymes 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 Specialty Enzymes 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 Specialty Enzymes Market Size and Volume Forecast by Application
13.4.1. Pharmaceutical Applications
13.4.2. Biotechnology and R&D Application
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Specialty Enzymes Market Size and Volume Forecast by Type
13.7.1. Protease
13.7.2. Carbohydrases
13.7.3. Polymerases and Nucleases
13.7.4. Lipase
13.7.5. Other
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 Specialty Enzymes Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Specialty Enzymes Market: Market Share Analysis
14.2. Specialty Enzymes Distributors and Customers
14.3. Specialty Enzymes 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. Dupont
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. DSM
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. BASF
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. AB Enzymes
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. CHR.Hansen
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Soufflet Group
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Longda Bio-products
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Biocatalysts
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. ORBA
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Biovet
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
