Enjoy complimentary customisation on priority with our Enterprise License!
The specialty enzymes market size is forecast to increase by USD 2.51 billion at a CAGR of 7.5% between 2024 and 2029.
The industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
Specialty enzymes play a crucial role in various industries, including biotechnology, medicine, and food production, due to their unique properties and applications. These enzymes, such as lipases, amylases, proteases, rennet, pectinases, invertases, cellulases, glucose oxidase, biosimilar development enzymes, and molecular biology applications enzymes, offer enhanced efficiency, selectivity, and specificity compared to conventional techniques. They are integral to numerous research areas, including DNA modification, DNA sequencing, and diagnostics, enabling advancements in fields like gene therapy, pharmaceuticals, and diagnostics. Industries like the fermentation, agricultural, and food production sectors rely on specialty enzymes for processes such as alcoholic beverage production, oil spill remediation, and waste degradation.
Additionally, they have significant applications In the biomedical sector, treating chronic diseases like cancer, rheumatoid arthritis, diabetes, liver diseases, myocardial infarction, kidney disorders, pancreatitis, and skin disorders. The aging population's increasing need for medicinal drugs and diagnostic solutions further highlights the importance of specialty enzymes.
Get a glance at the Specialty Enzymes Industry report of share of various segments Request Free Sample
The research and biotechnology segment was valued at USD 2.49 billion in 2019 and showed a gradual increase during the forecast period.
Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
For more insights on the market share of various regions, Request Free Sample
The market in North America is experiencing steady growth, driven primarily by the US market. Pharmaceutical and diagnostic applications are key growth areas, fueling the demand for specialty enzymes in this region. Consumer awareness and health consciousness are further boosting the market, particularly for enzyme-fortified consumer products. Proteases and lipases are the major growth drivers In the US market. Specialty enzymes find extensive applications in various industries, including biotechnology, food production, and agriculture. In the biotechnology sector, they are used in molecular biology, gene therapy, and DNA modification. In the food industry, they are employed in alcoholic beverages, fat stains, and biodiesel production.
In the pharmaceutical segment, cysteine proteinases, streptokinase, asparaginase, deoxyribonuclease, glucocerebrosidase, urokinase, pegademase, hyaluronidase, protease, dismutase, elastase, anhydrase, tyrosinase, catalase, and other enzymes are used in medicinal drugs and diagnostic solutions. The aging population and the rise in chronic diseases, including cancer, rheumatoid arthritis, diabetes, liver diseases, myocardial infarction, kidney disorders, pancreatitis, and skin disorders, are further fueling the demand for specialty enzymes. The market is segmented into microorganisms, carbohydrates, and proteases. Microbial enzymes and fermentation processes are used In the production of specialty enzymes. The market is expected to continue growing during the forecast period due to increasing government spending on research and development In the biotechnology, pharmaceutical, and food industries.
Our researchers analyzed the data with 2024 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Increasing healthcare expenditure is the key driver of the market.
Recent advances in enzyme technology is the upcoming market trend.
Safety concerns related to use of specialty enzymes is a key challenge affecting the industry growth.
The market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence In the industry.
Advanced Enzyme Technologies Ltd. - The company offers specialty enzymes for a variety of industries including human healthcare and nutrition, animal nutrition, baking, and fruit and vegetable processing.
The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Specialty enzymes are a crucial segment of the broader enzyme market, gaining significant attention due to their diverse applications in various industries. These enzymes, which include lipases, amylases, proteases, rennet, pectinases, invertases, cellulases, glucose oxidase, and others, play essential roles in numerous processes. The demand for specialty enzymes is driven by their applications in chronic diseases, particularly In the pharmaceutical and biotechnology sectors. Enzymes are increasingly used In the development of biosimilars and DNA modification techniques, as well as in DNA sequencing and gene therapy. The aging population is another significant factor fueling the growth of the market, as these enzymes find extensive use in diagnostic methods for various diseases, including cancer, rheumatoid arthritis, diabetes, liver diseases, myocardial infarction, kidney disorders, pancreatitis, and skin disorders.
Moreover, the food industries, including the fermentation, agricultural, and food production industries, are major consumers of specialty enzymes. These industries rely on enzymes for various applications, such as improving food production processes, enhancing food quality, and creating new food products. For instance, lipases are used In the production of biofuels, such as biodiesel, while amylases and proteases are employed In the production of various food products, including alcoholic beverages, fat stains removal, and digestive enzymes. Plant sources and microorganisms are the primary sources of specialty enzymes. Microbial enzymes, produced through fermentation processes, account for a significant share of the market.
Furthermore, animal-derived enzymes, although less common, also find applications in specific industries, such as the pharmaceutical sector. The carbohydrases segment, which includes amylases, cellulases, and pectinases, is a significant subsegment of the market. These enzymes are used extensively in various industries, including the food production industry, where they help improve the production process and enhance food quality. In the pharmaceutical sector, carbohydrates are used In the production of medicinal drugs and diagnostic solutions. The research and biotechnology sector is another major consumer of specialty enzymes. These enzymes find extensive use in cell biology, molecular biology applications, and waste degradation processes.
|
Market Scope |
|
|
Report Coverage |
Details |
|
Page number |
230 |
|
Base year |
2024 |
|
Historic period |
2019-2023 |
|
Forecast period |
2025-2029 |
|
Growth momentum & CAGR |
Accelerate at a CAGR of 7.5% |
|
Market Growth 2025-2029 |
USD 2.51 billion |
|
Market structure |
Fragmented |
|
YoY growth 2024-2025(%) |
6.8 |
|
Key countries |
US, Canada, China, UK, Japan, India, Germany, South Korea, Italy, and France |
|
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
We can help! Our analysts can customize this market research report to meet your requirements.
1 Executive Summary
2 Technavio Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Application
9 Market Segmentation by Type
10 Market Segmentation by Source
11 Customer Landscape
12 Geographic Landscape
13 Drivers, Challenges, and Opportunity/Restraints
14 Competitive Landscape
15 Competitive Analysis
16 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
Get the report (PDF) sent to your email within minutes.
Complimentary full Excel data with your report purchase.
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.