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Carbohydrase Market Size

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

The Carbohydrase market growth and dynamics are affected by a combination of factors. One of the crucial ones is rapidly growing demand in different industries like food and beverages, animal feed, pharmaceuticals among others. These enzymes called carbohydrases break down complex carbohydrates into simple sugar molecules that promote various processes in these sectors. Carbohydrases are employed in the food and beverage sector to improve product texture, taste, as well as nutritional profile mirroring consumers’ changing appetites. Meanwhile, this industry also uses carbohydrate to increase digestibility of feed constituents which improves nutrient supply and animal health.

Carbohydrase is a cluster of vital enzymes essential for hydrolyzing carbohydrates into monosaccharides. It has been projected that the global carbohydrase market will generate revenues worth close to USD 7.8 billion by 2027 at a Compound Annual Growth Rate (CAGR) amounting to about 8.1% over the forecast period from 2020-2027.

Another major factor contributing to the Carbohydrase market is constant advances and studies in biotechnology. Progresses made towards genetic engineering together with enzyme production technologies have resulted in novel types of carbohydrases that possess better features than their precursors did. These advancements do not just extend the number of places where these products can be used but also augment sales volumes when necessitate industrialists searching for more productive and flexible enzymatic means at their plants with respect to sustainable expansion goals geared to environmental protection measures taking effect across all industries.

Globalization and international trade are fundamental determinants of how Carbohydrase markets operate specifically due to firms expanding their business activities internationally in order to increase overall profitability levels through economies scales. In order to meet different regulatory requirements/conditions found across regions there is a need for carbohydrases which satisfy such needs. When enzymatically active compounds remain stable as well as effective under varying circumstances, they are considered useful tools within companies aimed at sustaining any global level of production consistency. The enzyme’s versatility and adaptability contribute significantly to its market prominence in an increasingly interconnected world.

The Carbohydrase market is being affected by emerging trends of environmental sustainability. Carbohydrases are suitable for environmentally friendly practices which industries are currently embracing because they can be easily degraded and are obtained from natural sources. The environmental-friendly nature of this enzyme makes it more attractive to businesses wishing to minimize their negative effects on an environment while at the same time maintaining good performance levels. There has been a shift towards sustainable practices across various industries, with a focus on corporate strategies.

However, there exist challenges in the Carbohydrase market. Regulatory barriers especially in food and pharmaceutical applications limit new entrants into the industry. Strict laws governing the use of enzymes in these sectors can affect entry into the market as well as expansionary plans. Moreover, research and development costs continue to cause significant problems as well. Continuous innovation investment is necessary for enhancing enzyme characteristics; thereby optimizing production process and meeting changing industry requirements all leading to general cost of production incrementation within this sector that cannot be ignored or overlooked whatsoever today.

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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