The global industrial enzymes market is experiencing significant growth, with an estimated value of USD 7.42 billion in 2023. This market is projected to expand at a compound annual growth rate (CAGR) of 6.3% from 2024 to 2030.

 

A key driver for this growth is the increasing global consumption of bakery products and fruit juices. This rising demand necessitates the use of industrial enzymes to enhance product quality and extend shelf life. Industrial enzymes are employed in various stages of food and beverage production, including brewing, baking, dairy, starch, and sugar processing. For instance, in baking applications, enzymes are used to modify flour or dough properties. They help reduce protein content in biscuits and crackers, while improving the quality and browning of bread. 

 

Gather more insights about the market drivers, restrains and growth of the Industrial Enzymes Market

 

The consistent and growing demand for food, coupled with a rapidly increasing global population, further fuels the market for industrial enzymes. The United Nations Department of Economic and Social Affairs (UN DESA) predicts that the world population will exceed 9.7 billion by 2050 and may reach 11 billion by 2100. This demographic trend is expected to drive sustained growth in the global industrial enzymes market over the forecast period. 

 

Application Segmentation Insights 

 
 
The food and beverage segment was the leading sector in 2023, contributing 21.05% of the market revenue. This growth is driven by the increasing use of enzymes in food and beverage production. Enzymes are used in various processes, including cheese processing, fruit and vegetable processing, oil and fat processing, grain processing, baking, dairy, and brewing. The primary enzymes used in this sector are proteases, lipases, and carbohydrases.

Proteases, lipases, and amylases are also key components in detergent formulations. Proteases are particularly effective in removing protein-based stains like sweat, grass, eggs, and blood. Amylases, on the other hand, are used to remove stains from starchy foods such as chocolate, custards, and pasta. These enzymes are commonly found in both laundry and dishwashing detergents that are chlorine-free.

The growing concern over livestock diseases like PED and BSE has led to a higher demand for high-quality animal feed. Additionally, the global increase in meat production and rising concerns about meat quality have further fueled the demand for animal feed enzymes. These enzymes improve the digestibility of animal feed, leading to better feed-to-gain ratios for both monogastric and ruminant animals. As a result, the demand for enzymes in the animal feed industry is projected to increase over the forecast period.

Order a free sample PDF of the Industrial Enzymes Market Intelligence Study, published by Grand View Research.