btg060-global-specialty-enzymes-market

Global Specialty Enzymes Market – Sources, Types and Applications

Published Date: Sep 2024

Report Code: BTG060

Pages: 262

Charts: 202

Specialty Enzymes Market Trends and Outlook

Specialty enzymes are molecular catalysts that accelerate chemical reactions without altering the process. They are utilized across diverse fields such as pharmaceuticals, biotechnology, diagnostics, and food production, to enhance efficiency and specificity. These enzymes are integral to drug formulation, molecular diagnostics, and biocatalysis, offering targeted and efficient solutions. Their applications range from enzyme-based drug formulations and regenerative medicine to eco-friendly biocatalysts.

The global market for Specialty Enzymes is estimated at US$5.9 billion in 2024 and is anticipated to register a CAGR of 7.4% during the 2024-2030 analysis period and stand at a projected US$9 billion by 2030.

global-specialty-enzymes-market

The specialty enzymes market is driven by increased investments in cell and gene-based therapies, advancements in enzyme engineering and bio-catalysis, and the wider use of nanozymes in regenerative medicine and diagnostics. Biocatalysts are preferred for their minimal toxicity, environmental advantages, and efficacy. Moreover, the rising incidence of metabolic disorders and chronic diseases, along with an emphasis on sustainable procedures and personalized medicine, continues to propel market expansion.

Specialty Enzymes Regional Market Analysis

North America led the global specialty enzymes market with an estimated share of 40.8% in 2024, driven by its robust pharmaceutical and biotechnology sectors. The region's dominance is supported by rapid technological advancements, innovative product developments, and a strong presence of key market players and research facilities. Meanwhile, the Asia-Pacific market is anticipated to register the fastest CAGR of around 9% from 2024 to 2030, driven by emerging economies, health initiatives, and an increasing elderly population vulnerable to metabolic disorders. The rising prevalence of cardiovascular diseases, high incidence of cancer, and growing foreign investments in pharmaceuticals are projected to drive the demand for specialty enzymes. Furthermore, increased consumption of processed foods and a preference for natural ingredients are contributing to market expansion in the region.

global-specialty-enzymes-market by region

Specialty Enzymes Market Analysis by Source

Based on the source, the microorganisms' segment is the largest market, which is projected to hold a share of approximately 76% in 2024 and is anticipated to record the fastest CAGR of 7.7% during forecast period from 2024 to 2030. The segment's swift expansion is driven by its cost-effective and scalable capabilities for producing enzymes, and advancements in fermentation technologies and the growing demand for biocatalysts in the biotechnology, pharmaceutical, and food production sectors.

Specialty Enzymes Market Analysis by Type

Based on type, the specialty enzymes market is dominated by the carbohydrases segment, which is expected to hold a share of around 42% in 2024, driven by its wide range of applications in food and beverage, biofuel production, and animal feed. On the other hand, the proteases segment is forecasted to exhibit the fastest CAGR of 9.8% during the 2024-2030 analysis period, owing to its extensive usage in pharmaceuticals, biotechnology, and healthcare. Genetic engineering advancements further expand their roles in drug development, therapeutic treatments, and diagnostics, with proteases playing a crucial role in the treatment of various conditions such as cancer and digestive ailments.

Specialty Enzymes Market Analysis by Application

Based on application, the market is led by the pharmaceuticals sector, which is projected to hold a market share of approximately 42% in 2024. This is due to its significant contribution to drug discovery, API synthesis, and biologics manufacturing, aimed at meeting the demand for personalized treatments. Conversely, the Diagnostics application segment is anticipated to record the fastest CAGR of 8.7% during the forecast period 2024-2030. This growth is attributed to the crucial role of enzymes such as polymerases and ligases in molecular diagnostics, which are vital for disease detection and the support of point-of-care devices for managing chronic conditions.

global-specialty-enzymes-market by type

Specialty Enzymes Market Report Scope

This global report on Specialty Enzymes analyzes the market based on source, type, and application. In addition to providing profiles of major companies operating in this space, the latest corporate and industrial developments have been covered to offer a clear panorama of how and where the market is progressing.

Key Metrics

Historical Period:2021-2023
Base Year:2023
Forecast Period:2024-2030
Units:Value market in US$
Companies Mentioned: 15+

Specialty Enzymes Market by Geographic Region

  • North America (The United States, Canada, and Mexico)
  • Europe (Germany, France, The United Kingdom, Spain, Italy, and Rest of Europe)
  • Asia-Pacific (Japan, China, India, South Korea, and Rest of Asia-Pacific)
  • South America (Brazil, Argentina, and Rest of South America)
  • Rest of World

Specialty Enzymes Market by Source

  • Microorganisms
  • Plants
  • Animals

Specialty Enzymes Market by Type

  • Carbohydrases
  • Proteases
  • Lipases
  • Polymerases & Nucleases
  • Other Enzymes (Including Phytases, Laccases, Transglutaminases, Catalases, and Xylanases)

Specialty Enzymes Market by Application

  • Pharmaceuticals
  • Research & Biotechnology
  • Diagnostics
  • Others (Including Biocatalysts, and Nutraceuticals)

Specialty Enzymes Market Frequently Asked Questions (FAQs)

The global Specialty Enzymes Market is likely to grow at a CAGR of about 7.4% during the 2024-2030 analysis period.

Carbohydrase is the largest market for Specialty Enzymes.

Asia-Pacific is the fastest growing region for Specialty Enzymes.

In 2024, North America accounts for the largest market share in Specialty Enzymes Market.

Key driving factors include increased investments in cell and gene therapies, advancements in enzyme engineering, the rising use of nanozymes, and the adoption of eco-friendly biocatalysts.

The global market size for Specialty Enzymes is estimated to be US$5.9 billion in 2024 and US$9 billion by 2030.

The Specialty Enzymes market report covers key segments are source, type, application, and region.

PART A: GLOBAL MARKET PERSPECTIVE
1. INTRODUCTION

  • Product Outline
  • Specialty Enzymes Defined
  • Specialty Enzymes Sources
    • Microorganisms
    • Plants
    • Animals
  • Specialty Enzyme Types
    • Carbohydrases
    • Proteases
    • Lipases
    • Polymerases & Nucleases
    • Other Enzymes (Including Phytases, Laccases, Transglutaminases, Catalases, and Xylanases)
  • Specialty Enzymes Applications
    • Pharmaceuticals
    • Research & Biotechnology
    • Diagnostics
    • Others (Including Biocatalysts, and Nutraceuticals)

2. Key Market Trends
3. Key Global Players
4. Key Business & Product Trends
5. Global Market Overview

  • Global Specialty Enzymes Market Overview by Source
    • Specialty Enzymes Source Market Overview by Global Region
      • Microorganisms
      • Plants
      • Animals
  • Global Specialty Enzymes Market Overview by Type
    • Specialty Enzymes Type Market Overview by Global Region
      • Carbohydrases
      • Proteases
      • Lipases
      • Polymerases & Nucleases
      • Other Enzymes
  • Global Specialty Enzymes Market Overview by Application
    • Specialty Enzymes Application Market Overview by Global Region
      • Pharmaceuticals
      • Research & Biotechnology
      • Diagnostics
      • Others

PART B: REGIONAL MARKET PERSPECTIVE
Global Specialty Enzymes Market Overview by Geographic Region

REGIONAL MARKET OVERVIEW

6. North America

  • North American Specialty Enzymes Market Overview by Geographic Region
  • North American Specialty Enzymes Market Overview by Source
  • North American Specialty Enzymes Market Overview by Type
  • North American Specialty Enzymes Market Overview by Application
  • Country-wise Analysis of North American Specialty Enzymes Market
    • The United States
      • United States Specialty Enzymes Market Overview by Source
      • United States Specialty Enzymes Market Overview by Type
      • United States Specialty Enzymes Market Overview by Application
    • Canada
      • Canadian Specialty Enzymes Market Overview by Source
      • Canadian Specialty Enzymes Market Overview by Type
      • Canadian Specialty Enzymes Market Overview by Application
    • Mexico
      • Mexican Specialty Enzymes Market Overview by Source
      • Mexican Specialty Enzymes Market Overview by Type
      • Mexican Specialty Enzymes Market Overview by Application

7. Europe

  • European Specialty Enzymes Market Overview by Geographic Region
  • European Specialty Enzymes Market Overview by Source
  • European Specialty Enzymes Market Overview by Type
  • European Specialty Enzymes Market Overview by Application
  • Country-wise Analysis of European Specialty Enzymes Market
    • Germany
      • German Specialty Enzymes Market Overview by Source
      • German Specialty Enzymes Market Overview by Type
      • German Specialty Enzymes Market Overview by Application
    • France
      • French Specialty Enzymes Market Overview by Source
      • French Specialty Enzymes Market Overview by Type
      • French Specialty Enzymes Market Overview by Application
    • The United Kingdom
      • United Kingdom Specialty Enzymes Market Overview by Source
      • United Kingdom Specialty Enzymes Market Overview by Type
      • United Kingdom Specialty Enzymes Market Overview by Application
    • Spain
      • Spanish Specialty Enzymes Market Overview by Source
      • Spanish Specialty Enzymes Market Overview by Type
      • Spanish Specialty Enzymes Market Overview by Application
    • Italy
      • Italian Specialty Enzymes Market Overview by Source
      • Italian Specialty Enzymes Market Overview by Type
      • Italian Specialty Enzymes Market Overview by Application
    • Rest of Europe
      • Rest of Europe Specialty Enzymes Market Overview by Source
      • Rest of Europe Specialty Enzymes Market Overview by Type
      • Rest of Europe Specialty Enzymes Market Overview by Application

8. Asia-Pacific

  • Asia-Pacific Specialty Enzymes Market Overview by Geographic Region
  • Asia-Pacific Specialty Enzymes Market Overview by Source
  • Asia-Pacific Specialty Enzymes Market Overview by Type
  • Asia-Pacific Specialty Enzymes Market Overview by Application
  • Country-wise Analysis of Asia-Pacific Specialty Enzymes Market
    • Japan
      • Japanese Specialty Enzymes Market Overview by Source
      • Japanese Specialty Enzymes Market Overview by Type
      • Japanese Specialty Enzymes Market Overview by Application
    • China
      • Chinese Specialty Enzymes Market Overview by Source
      • Chinese Specialty Enzymes Market Overview by Type
      • Chinese Specialty Enzymes Market Overview by Application
    • India
      • Indian Specialty Enzymes Market Overview by Source
      • Indian Specialty Enzymes Market Overview by Type
      • Indian Specialty Enzymes Market Overview by Application
    • South Korea
      • South Korean Specialty Enzymes Market Overview by Source
      • South Korean Specialty Enzymes Market Overview by Type
      • South Korean Specialty Enzymes Market Overview by Application
    • Rest of Asia-Pacific
      • Rest of Asia-Pacific Specialty Enzymes Market Overview by Source
      • Rest of Asia-Pacific Specialty Enzymes Market Overview by Type
      • Rest of Asia-Pacific Specialty Enzymes Market Overview by Application

9. South America

  • South American Specialty Enzymes Market Overview by Geographic Region
  • South American Specialty Enzymes Market Overview by Source
  • South American Specialty Enzymes Market Overview by Type
  • South American Specialty Enzymes Market Overview by Application
  • Country-wise Analysis of Asia-Pacific Specialty Enzymes Market
    • Brazil
      • Brazilian Specialty Enzymes Market Overview by Source
      • Brazilian Specialty Enzymes Market Overview by Type
      • Brazilian Specialty Enzymes Market Overview by Application
    • Argentina
      • Argentine Specialty Enzymes Market Overview by Source
      • Argentine Specialty Enzymes Market Overview by Type
      • Argentine Specialty Enzymes Market Overview by Application
    • Rest of South America
      • Rest of South American Specialty Enzymes Market Overview by Source
      • Rest of South American Specialty Enzymes Market Overview by Type
      • Rest of South American Specialty Enzymes Market Overview by Application

10. Rest of World

  • Rest of World Specialty Enzymes Market Overview by Source
  • Rest of World Specialty Enzymes Market Overview by Type
  • Rest of World Specialty Enzymes Market Overview by Application

PART C: GUIDE TO THE INDUSTRY
PART D: ANNEXURE
1. RESEARCH METHODOLOGY
2. FEEDBACK

Advanced Enzyme Technologies Limited
Amano Enzyme Inc.
Amicogen Inc.
Antozyme Biotech Pvt Ltd
BASF SE
BBI Solutions
Biocatalysts Ltd.
Codexis, Inc
DuPont de Nemours, Inc.
Dyadic International, Inc.
Enzyme Development Corporation (EDC)
F. Hoffmann-La Roche AG
Koninklijke DSM N.V.
Novonesis
Sanofi S.A.
Specialty Enzyme and Probiotics
Thermo Fisher Scientific Inc

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