Enzymes Market Size and Share Report – 2025

The global enzymes market size was estimated to be valued at USD 10.0 billion in 2019 and is projected to reach USD 14.7 billion by 2025, recording a CAGR of 6.7% in terms of value. The advancements in enzyme engineering and other technologies have led to the growth of the enzymes market. In addition, the depletion of non-renewable resources has led to an increase in environmental concerns among people and the increasing importance of manufacturing biofuels.

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By type, the enzymes market is segmented into carbohydrase, proteases, lipases, polymerases & nucleases, and other enzymes. The carbohydrases segment is further segmented into amylases, cellulases, and other carbohydrates. This segment is estimated to account for a significant share in the enzymes market, as carbohydrase, such as amylase and cellulase, is used significantly for industrial applications such as food & beverages, textiles, and pulp & paper industries.

By source, the enzymes market is segmented into microorganisms, plants, and animals. The microorganism segment is projected to witness the highest growth during the forecast period, as enzymes obtained from microbial sources lead to low production costs. Furthermore, they contain more predictable and controllable enzyme content. In addition, as enzymes obtained from microbial sources can be cultured in large quantities in a short period, microorganisms are the primary source of industrial enzymes.

The North American market accounted for the largest share in 2018 and to account for the largest share even during forecast period. This dominance is attributed to the factors such as the inclination of the adult population towards an alternative to gasoline for the reduction in harmful auto & industrial emissions, has augmented the usage of bioethanol in the North American region.

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The prominent players in this market include BASF (Germany), DuPont (US), Associated British Foods (UK), Novozymes (Denmark), DSM (Netherlands), Dyadic International (US), Advanced Enzymes Technologies (India), Aumgene Biosciences (India), Chr. Hansen (Denmark), Amano Enzymes (Japan), Roche Holding (Switzerland), Codexis (US), Sanofi (France), Merck (Germany), Enzyme Supplies (UK), Creative Enzymes (US), Enzyme Solutions (US), Enzymatic Deinking Technologies (US), and Biocatalysts (UK).