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Carbohydrase Market Analysis

ID: MRFR//3895-HCR | 110 Pages | Author: Snehal Singh| May 2024

Due to several factors that guide the carbohydratease market, remarkable changes have taken place in its dynamics. Food and beverage industry is one of the major drivers given that they are used during baking, in brewing and dairy processing. This importance is becoming visible due to changing customer preferences and increasing demand for healthier more natural products.
The pharmaceuticals as well as nutraceuticals sectors also has a major influence on carbohydrases market dynamics. These include drugs as well as dietary supplements that capitalize on these enzymes for enhancing nutrient bioavailability. Moreover, given the current health trends there has been an increased uptake of carbohydrate in pharmaceuticals and nutraceuticals sectors. Therefore, this diversification ensures stable demand growth for this product due to reduced variability risks from reliance on one sector.
The importance of sustainability and green practices has been rising significantly thus impacting carbohydrase market dynamics. Enzymes such as carbohydrates find many applications in industrial processes over traditional chemical methods due to their eco-friendly nature. As a result, businesses adopting global practices on sustainable development have continued using enzymatic solutions like carbohydrate, with resultant impact on the market forces.
This section of the world economy is shaped by technology advancement about enzyme engineering and production techniques; hence it affects how its dynamics are unfolded. Among other defining trends genetically modified microorganisms (GMO) are being developed towards cost effective production by most firms producing carbohydrases like Novozymes A/S This progress enhances not only manufacturing abilities but all lowers’ costs influencing market forces hence making carbohydrates accessible across various industries.
Carbohydrase markets are driven by globalization and international trade among nations’ populations worldwide grow; thus, creating cross-border demand for enzyme solutions including amylase. Consequently, there are several partnerships between key players leading to collaborations characterized by joint research, technology sharing, and access to new markets.
However, challenges do exist within the market dynamics of carbohydrases. Regulatory considerations and approvals for enzyme use can impact market growth, especially in food, pharmaceuticals as well as healthcare sectors. As standards keep changing, companies will have to deal with more stringent regulations that also impact their research and development efforts. Additionally, a field dominated by established firms who are defending themselves against new entrants trying to gain market shares must be navigated by players.

Global Carbohydrase Market Overview   


Carbohydrase is a group of enzymes that aid in the breakdown of carbohydrates into simple sugars. The global carbohydrase market is expected to garner a revenue of USD 7.8 billion by 2027, at a CAGR of approximately 8.1% during the forecast period of 2020-2027. The significant market growth of carbohydrase can be attributed to the growth of application industries such as pharmaceutical, food & beverages, and animal feed. Additionally, technological advancement in enzyme engineering is also boosting the market growth of global carbohydrase market. Moreover, expansion of market players in the Asia-Pacific’s animal feed and pharmaceutical industries is yet another determinant catalyzing the market growth of carbohydrase. However, the major hurdles in the growth of the market are the high production cost of several enzymes and technological limitations. The global market is expected to emerge lucrative during the upcoming years due to continuous R&D, increasing enzymes application in biomass production and bio-refinery.   

Market Segmentation 


The global carbohydrase market has been segmented based on type, source, application, and region. By type, the global market has been classified as amylases, cellulases, pectinases, lactase, and others. The global market has also been segregated, on the basis of source, into plant, animal, and microbial. Based on application, the market has been segregated into food & beverages, animal feed, pharmaceuticals, and others. The food & beverages segment has been further segregated into dairy & frozen desserts, baking & confectionery, beverages, and others. The global market has been studied with regard to four key regions—North America, Europe, Asia-Pacific, and the rest of the world. The North American carbohydrase market has further been segmented into the US, Canada, and Mexico. The Europe carbohydrase market has been classified as the UK, Germany, France, Italy, Spain, and the rest of Europe. The carbohydrase market in Asia-Pacific has been divided into China, India, Japan, Australia and New Zealand, and the rest of Asia-Pacific. The carbohydrase market in the rest of the world has been segmented into South America, the Middle East, and Africa. 

Key Players 


DuPont (US), Royal DSM (Netherlands), Novozymes (Denmark), Amano Enzyme Inc. (China), AB Enzymes Gmbh (Germany), Advanced Enzymes (India), Specialty Enzymes (China), Dyadic International, Inc. (US), CHR. Hansen Holding A/S (Denmark), and BASF SE (Germany) are some of the key players in the global carbohydrase market.   

 

Regional Market Summary 

 

Source: Secondary Source and MRFR Analysis North America dominated the global carbohydrase market in 2018 owing to the impressive growth of the application industries in the region. Surging demand for bakery products and beverages in the US is boosting the demand for carbohydrase in the regional market. However, expansion of market players in Asia-Pacific is expected to render highest growth rate to the regional market during the forecast period. Additionally, growth of animal feed industry is also driving the growth of Asia-Pacific carbohydrase market. 

 

Global Market, by Type



  • Amylases

  • Cellulases

  • Pectinases

  • Lactase

  • Others


Global Market, by Source



  • Plant

  • Animal

  • Microbial


Global Market, by Application



  • Food & Beverages


    • Dairy & Frozen Desserts

    • Baking & Confectionery

    • Beverages

    • Others


  • Animal Feed

  • Pharmaceuticals

  • Others


Global Market, by Region




  • North America

    • US

    • Canada

    • Mexico






  • Europe

    • Germany

    • France

    • Italy

    • Spain

    • UK

    • Rest of Europe






  • Asia-Pacific

    • Japan

    • China

    • India

    • Australia and New Zealand

    • Rest of Asia-Pacific






  • Rest of the World (RoW)

    • South America

    • Middle East

    • Africa




Intended Audience

  • Food enzyme manufacturers

  • Bakery industry

  • Dairy industry

  • Animal feed industry

  • Livestock industry

  • Pharmaceutical industry

  • Traders, importers, and exporters

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