Microbial Lipase Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026

Report Code: ZMR-3822 | Report Format : | Status : Upcoming |

Abstract

Global Microbial Lipase Market: Overview

Microbial lipases catalyze both the hydrolysis and synthesis of long-chain acylglycerols. They are currently given much attention with the rapid development of enzyme technology. The chemo-, regio-, and enantio-specific characteristics of lipase tend to be a focus research domain for scientists and industrialists. Compared to plants and animals, microorganisms have been found to produce high yields of lipases. 

Global Microbial Lipase Market: Growth Factors

The product finds a spectrum of applications in food industry, oil and fat industry, detergent industry, pulp and paper sector, leather industry, a textile business, organic synthesis, production of cosmetics, and biodiesel production. This makes them the most widely used class of enzymes in myriad industrial activities through the application of bioprocess technology. In addition, the microbial lipases are massively used in cleaning agents, dairy products, confectionery items, animal feed, and bakery products.

Microbial Lipases are unique as they hydrolyze fats into fatty acids and glycerol at the water-lipid interface and can reverse the reaction in non-aqueous media. The stability of these enzymes in organic solvents has pushed them into the frontier areas of organic synthesis leading to the designing of novel drugs, surfactants, bioactive compounds, and Oleochemicals. In addition, lipase-catalyzed trans-esterification, and inter-esterification reactions have been exploited in the fat industry. Looking into the wide scenario of lipase applications, commercialization of lipase production is a prime area of interest for microbiologists, process engineers, and biochemists. Research carried out in this field has unveiled that microbes, especially fungi and bacteria, are the tools of choice for commercial production. Recently, the structure determination of a few microbial lipases has widened our knowledge about the unique mechanism of catalysis of this enzyme. All these aforementioned traits of the product will drive the demand for microbial lipase market across the globe in the next few years.

However, the lack of transparency in the patent protection laws of lipase in several countries and the absence of a uniform regulatory structure can restrain the growth of microbial lipase market.

Global Microbial Lipase Market: Segmentation

The global microbial lipase market can be classified based on application, source, and form. Application wise, the market is sectored into cleaning agents, dairy products, confectionery items, animal feed, and bakery items. Based on the source, the market is segmented into fungi and bacteria. On the basis of form, the microbial lipase market is classified into powder and liquid form.

Global Microbial Lipase Market: Regional Analysis

Based on regions, the global microbial lipase market can be divided into five main regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. 

The Asia Pacific region dominated the global microbial lipase market in 2017 and is projected to grow at the highest CAGR from 2018 to 2026. The presence of leading microbial lipase manufacturers who operate on a global level and the rise in adoption of lipase enzymes will drive the demand for microbial lipases in the region. In addition, the changing dietary patterns have led to increased consumption of dairy products in the region. Increase in concerns about greater hygiene, increase in awareness of personal hygiene, growing concerns about the spread of infectious diseases, and sterilizing household industrial surfaces are driving the use of washing and cleaning products, and demands of end consumers for better quality feed for livestock, leading to enhanced use of microbial lipases in food, cleaning agents, and feed segments in the near future.

In the North American region, the U.S. is likely to dominate the microbial lipase market. This is due to an increase in the use of enzymes in animal feed, along with dairy products, cleaning agents, and toiletries are anticipated to drive the growth of the market in the country. Additionally, big food chains have led to an increase in demand for cheese and other dairy products. Thus, the increased consumption of cheese in this country is expected to consequently lead to the growth of the microbial lipase market.

Europe and LATAM markets have huge growth prospects in the near future.

Global Microbial Lipase Market: Competitive Players

The key players in the global microbial lipase market include Novozymes (Denmark), DSM (Netherlands), Chr. Hansen (Denmark), Amano Enzymes (Japan), Associated British Foods (UK), and DowDuPont (U.S.) 

Global Microbial Lipase Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • The UK
    • France
    • Germany
  • The Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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