Protein Hydrolysis Enzymes Market - Global Industry Analysis

Protein Hydrolysis Enzymes Market

Global Protein Hydrolysis Enzymes Market Size, Share, Consumer Demands, and Market Challenges, 2028

Category: Chemical & Materials Report Format : PDF Pages: 175 Report Code: ZMR-64 Published Date: Apr-2022 Status : Published

The global protein hydrolysis enzymes market accrued earnings worth approximately $3.1 billion in 2021 and is predicted to gain revenue of about $6.2 billion by 2028, with a CAGR of nearly 5.5% over the period from 2022 to 2028. The study provides assessment and analysis of the Protein Hydrolysis Enzymes Market on a global & regional level.

Protein Hydrolysis Enzymes Market

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Protein hydrolysis is the process of breakdown of protein into smaller peptides and free amino acids. Protein hydrolysis enzymes also known by name “protease enzymes” and they are classified under the "hydrolases group". Protease enzymes are extracted from a source of animal-based proteases like trypsin, plant-based proteases like papain and a large variety of microbial source proteases. Protease enzyme used in various industries such as detergent and cleansing, pharmaceuticals, food and beverages, textile and other application.

The market of global protein hydrolysis enzymes has been accelerated by rising demand for detergent in the industrial sector for removing protein stain. Moreover, protein hydrolysis enzymes prescribed for better digestion of food products as it uncovering the food value of foods coupled with improving the nutritional value of food which is used as a precursor for propelling the growth of protein hydrolysis enzymes market. Furthermore, its wide application in pharmaceutical industry is expected to fueling the growth of global protein hydrolysis enzymes market. However, limited application in the food industry can restrict the growth of protein hydrolysis enzymes market. Nonetheless, nutritional food for pets will serve as major opportunities for upcoming growth of protein hydrolysis enzymes market.

The protein hydrolysis enzymes market is characterized on the basis of source, applications, end user, and regions. Based on source, protein hydrolysis enzymes markets are classified into three types: animal (trypsin), plant (papain) and micro-organism. Microbial protease was contributing maximum market shares in 2015 followed by plant and animal protease. Microbial sources produced enzymes are more advantageous than their equivalents from animal or vegetable sources. The advantages comprise lower production costs, possibility of large-scale production in industrial fermenters, the wide range of physical and chemical characteristics, possibility of genetic manipulation, the absence of effects brought about by seasonality, rapid culture development and the use of non-burdensome methods. Based on application, the protein hydrolysis enzymes market is segmented into detergent and cleansing, pharmaceutical, food and beverages, textile, and others.

Geographically, North America accounted for the largest share of the protein hydrolysis enzymes markets followed by Europe in 2019. The market growth in this region is anticipated by many reasons such as increasing demand for environment-friendly products. Additionally, demand for protein hydrolysis enzymes is increasing in Asia-Pacific region due to rapidly expanding animal feed, detergent, and pharmaceutical industry in this region.

Some of the well-established players in this market include Royal DSM, Novozymes A/S, Ab Enzymes, Dyadic International, Inc., Solvay Enzymes, and Specialty Enzymes & Biotechnologies Co.

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