By 2022, the market for protein hydrolysis enzymes is anticipated to be worth more than USD 2 billion, expanding at a projected CAGR of more than 5% between 2015 and 2022. Due to increased demand from numerous end-use industries, including pharmaceuticals, photography, animal feed, food, detergents, and textiles, the industry is predicted to grow quickly throughout the projected period. The main application segment in 2014, accounting for over 50% of the total volume, was detergent and textile manufacture.
The term “protein hydrolysis” describes how proteins are broken down into amino acids and smaller peptides. The most widely utilised protein hydrolysis methods in industry, which mimic the hydrolytic process, include protease enzymes like pancreatic protease. The industry uses a variety of enzymes from numerous sources, including microbes, plants, and animals. Numerous end-use industries, including food, detergents, photography, animal feed, medicines, and textiles, use these enzymes.
The global protein hydrolysis enzymes market has been divided into microorganisms, animals, and plants based on the sources used. In 2014, the greatest product category was microorganisms. Due to the increasing demand for detergent and cleaning applications, this market is anticipated to develop at the quickest rate over the forecast period.
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The detergent, pharmaceutical, and food sectors of the protein hydrolysis enzymes market have been divided based on application. Due to growing hygiene concerns and actions taken to stop the spread of infectious diseases, detergent accounted for the largest application category in 2014 and is predicted to expand quickly over the next seven years.
Food was a significant application segment in 2014 and is anticipated to develop at rates above average throughout the forecast period due to an increase in demand for processed foods, particularly in countries like the United States, France, Australia, and China.
Over the coming years, flat growth is predicted for Europe. In addition to expanding demand for cleaning supplies, Europe is known for its growing need for green products. These elements, along with the expanding pharmaceutical and animal feed industries, could support market expansion in Europe, especially Eastern Europe.
Royal DSM, Novozymes A/S, Ab Enzymes, Dyadic International, Inc., Solvay Enzymes, and Speciality Enzymes & Biotechnologies Co. are significant players in the global market for specialty chemicals.
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- North America
- The U.S.
- The UK
- Rest of Europe
- Asia Pacific
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East & Africa
- South Africa
- Rest of Middle East & Africa