The Asia Pacific Industrial Enzymes Market would witness market growth of 7.6% CAGR during the forecast period (2023-2030).
The increasing production of meat in the Asia Pacific region, notably in China, is expected to result in a major increase in the need for industrial enzymes. The growing use of enzymes in manufacturing is also a result of the expanding industrial innovations in these regions. To meet the expanding market demands, businesses are also creating new enzymes and production methods. The market expansion in this region is being driven by an increase in demand for protease and carbohydrase enzymes in food and medicinal applications.
Environmental and sustainability issues have an impact on the market. Less energy is required, less waste is produced, and milder reaction conditions are just a few advantages enzymes have over conventional chemical catalysts. Since enzymes biodegrade, they pose less risk to the environment and human health. As a result, various sectors increasingly resort to enzymes as a greener option to conventional chemical processes, supporting the expansion of the market.
Vietnam's output of hogs and poultry has increased the fastest compared to that of the rest of the region, and the nation is anticipated to continue to be Southeast Asia's top pig producer for the foreseeable future, reaching 3.3 million mmt by 2028. The region continues to see an increase in the adoption of Western diets, as shown in the rising demand for bread goods, dairy products, and beverages. Therefore, the region presents lucrative growth prospects for the growth of the market.
The China market dominated the Asia Pacific Industrial Enzymes Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $902 million by 2030. The Japan market is poised to grow at a CAGR of 6.9% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 8.3% during (2023 - 2030).
Based on Application, the market is segmented into Food & Beverages, Detergents, Animal Feed, Biofuels, Textiles, Pulp & Paper, Personal Care & Cosmetics, Wastewater, Agriculture, and Others. Based on Source, the market is segmented into Microorganisms, Plants, and Animals. Based on Product, the market is segmented into Carbohydrase, Proteases, Lipases, Polymerases & Nucleases, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Industrial Enzymes Market is Projected to reach USD 11.2 Billion by 2030, at a CAGR of 6.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Novozymes A/S (Novo Holdings A/S), DuPont de Nemours, Inc., Koninklijke DSM N.V., Chr. Hansen Holding A/S, Creative Enzymes, BASF SE, Kerry Group PLC, Associated British Foods PLC (Wittington Investments Limited), Amano Enzyme, Inc., and Megazyme Ltd. (Neogen Corporation)
Scope of the Study
Market Segments Covered in the Report:
By Application
- Food & Beverages
- Detergents
- Animal Feed
- Biofuels
- Textiles
- Pulp & Paper
- Personal Care & Cosmetics
- Wastewater
- Agriculture
- Others
By Source
- Microorganisms
- Plants
- Animals
By Product
- Carbohydrase
- Proteases
- Lipases
- Polymerases & Nucleases
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Novozymes A/S (Novo Holdings A/S)
- DuPont de Nemours, Inc.
- Koninklijke DSM N.V.
- Chr. Hansen Holding A/S
- Creative Enzymes
- BASF SE
- Kerry Group PLC
- Associated British Foods PLC (Wittington Investments Limited)
- Amano Enzyme, Inc.
- Megazyme Ltd. (Neogen Corporation)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Industrial Enzymes Market, by Application
1.4.2 Asia Pacific Industrial Enzymes Market, by Source
1.4.3 Asia Pacific Industrial Enzymes Market, by Product
1.4.4 Asia Pacific Industrial Enzymes Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions: 2019, Nov – 2023, Jun) Leading Players
Chapter 4. Asia Pacific Industrial Enzymes Market by Application
4.1 Asia Pacific Food & Beverages Market by Country
4.2 Asia Pacific Detergents Market by Country
4.3 Asia Pacific Animal Feed Market by Country
4.4 Asia Pacific Biofuels Market by Country
4.5 Asia Pacific Textiles Market by Country
4.6 Asia Pacific Pulp & Paper Market by Country
4.7 Asia Pacific Personal Care & Cosmetics Market by Country
4.8 Asia Pacific Wastewater Market by Country
4.9 Asia Pacific Agriculture Market by Country
4.1 Asia Pacific Others Market by Country
Chapter 5. Asia Pacific Industrial Enzymes Market by Source
5.1 Asia Pacific Microorganisms Market by Country
5.2 Asia Pacific Plants Market by Country
5.3 Asia Pacific Animals Market by Country
Chapter 6. Asia Pacific Industrial Enzymes Market by Product
6.1 Asia Pacific Carbohydrase Market by Country
6.2 Asia Pacific Proteases Market by Country
6.3 Asia Pacific Lipases Market by Country
6.4 Asia Pacific Polymerases & Nucleases Market by Country
6.5 Asia Pacific Others Market by Country
Chapter 7. Asia Pacific Industrial Enzymes Market by Country
7.1 China Industrial Enzymes Market
7.1.1 China Industrial Enzymes Market by Application
7.1.2 China Industrial Enzymes Market by Source
7.1.3 China Industrial Enzymes Market by Product
7.2 Japan Industrial Enzymes Market
7.2.1 Japan Industrial Enzymes Market by Application
7.2.2 Japan Industrial Enzymes Market by Source
7.2.3 Japan Industrial Enzymes Market by Product
7.3 India Industrial Enzymes Market
7.3.1 India Industrial Enzymes Market by Application
7.3.2 India Industrial Enzymes Market by Source
7.3.3 India Industrial Enzymes Market by Product
7.4 South Korea Industrial Enzymes Market
7.4.1 South Korea Industrial Enzymes Market by Application
7.4.2 South Korea Industrial Enzymes Market by Source
7.4.3 South Korea Industrial Enzymes Market by Product
7.5 Singapore Industrial Enzymes Market
7.5.1 Singapore Industrial Enzymes Market by Application
7.5.2 Singapore Industrial Enzymes Market by Source
7.5.3 Singapore Industrial Enzymes Market by Product
7.6 Malaysia Industrial Enzymes Market
7.6.1 Malaysia Industrial Enzymes Market by Application
7.6.2 Malaysia Industrial Enzymes Market by Source
7.6.3 Malaysia Industrial Enzymes Market by Product
7.7 Rest of Asia Pacific Industrial Enzymes Market
7.7.1 Rest of Asia Pacific Industrial Enzymes Market by Application
7.7.2 Rest of Asia Pacific Industrial Enzymes Market by Source
7.7.3 Rest of Asia Pacific Industrial Enzymes Market by Product
Chapter 8. Company Profiles
8.1 Megazyme Ltd. (Neogen Corporation)
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expenses
8.2 Novozymes A/S (Novo Holdings A/S)
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.3 Chr. Hansen Holding A/S
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segment & Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Product Launches and Product Expansions:
8.3.5.2 Acquisition and Mergers:
8.4 Creative Enzymes
8.4.1 Company Overview
8.4.2 Recent strategies and developments:
8.4.2.1 Product Launches and Product Expansions:
8.5 Associated British Foods PLC (Wittington Investments Limited)
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expense
8.5.5 Recent strategies and developments:
8.5.5.1 Partnerships, Collaborations, and Agreements:
8.6 DuPont de Nemours, Inc.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expense
8.6.5 Recent strategies and developments:
8.6.5.1 Product Launches and Product Expansions:
8.6.5.2 Acquisition and Mergers:
8.7 Koninklijke DSM N.V.
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expense
8.7.5 Recent strategies and developments:
8.7.5.1 Partnerships, Collaborations, and Agreements:
8.7.5.2 Product Launches and Product Expansions:
8.7.5.3 Acquisition and Mergers:
8.8 BASF SE
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expense
8.8.5 Recent strategies and developments:
8.8.5.1 Partnerships, Collaborations, and Agreements:
8.8.6 SWOT Analysis
8.9 Amano Enzyme, Inc.
8.9.1 Company Overview
8.9.2 Recent strategies and developments:
8.9.2.1 Product Launches and Product Expansions:
8.9.2.2 Geographical Expansions:
8.10. Kerry Group PLC
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Segmental and Regional Analysis
8.10.4 Research & Development Expenses
8.10.5 Recent strategies and developments:
8.10.5.1 Product Launches and Product Expansions:
8.10.5.2 Acquisition and Mergers:
TABLE 1 Asia Pacific Industrial Enzymes Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific Industrial Enzymes Market, 2023 - 2030, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Industrial Enzymes Market
TABLE 4 Product Launches And Product Expansions– Industrial Enzymes Market
TABLE 5 Acquisition and Mergers– Industrial Enzymes Market
TABLE 6 Geographical Expansions – Industrial Enzymes Market
TABLE 7 Asia Pacific Industrial Enzymes Market by Application, 2019 - 2022, USD Million
TABLE 8 Asia Pacific Industrial Enzymes Market by Application, 2023 - 2030, USD Million
TABLE 9 Asia Pacific Food & Beverages Market by Country, 2019 - 2022, USD Million
TABLE 10 Asia Pacific Food & Beverages Market by Country, 2023 - 2030, USD Million
TABLE 11 Asia Pacific Detergents Market by Country, 2019 - 2022, USD Million
TABLE 12 Asia Pacific Detergents Market by Country, 2023 - 2030, USD Million
TABLE 13 Asia Pacific Animal Feed Market by Country, 2019 - 2022, USD Million
TABLE 14 Asia Pacific Animal Feed Market by Country, 2023 - 2030, USD Million
TABLE 15 Asia Pacific Biofuels Market by Country, 2019 - 2022, USD Million
TABLE 16 Asia Pacific Biofuels Market by Country, 2023 - 2030, USD Million
TABLE 17 Asia Pacific Textiles Market by Country, 2019 - 2022, USD Million
TABLE 18 Asia Pacific Textiles Market by Country, 2023 - 2030, USD Million
TABLE 19 Asia Pacific Pulp & Paper Market by Country, 2019 - 2022, USD Million
TABLE 20 Asia Pacific Pulp & Paper Market by Country, 2023 - 2030, USD Million
TABLE 21 Asia Pacific Personal Care & Cosmetics Market by Country, 2019 - 2022, USD Million
TABLE 22 Asia Pacific Personal Care & Cosmetics Market by Country, 2023 - 2030, USD Million
TABLE 23 Asia Pacific Wastewater Market by Country, 2019 - 2022, USD Million
TABLE 24 Asia Pacific Wastewater Market by Country, 2023 - 2030, USD Million
TABLE 25 Asia Pacific Agriculture Market by Country, 2019 - 2022, USD Million
TABLE 26 Asia Pacific Agriculture Market by Country, 2023 - 2030, USD Million
TABLE 27 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 28 Asia Pacific Others Market by Country, 2023 - 2030, USD Million
TABLE 29 Asia Pacific Industrial Enzymes Market by Source, 2019 - 2022, USD Million
TABLE 30 Asia Pacific Industrial Enzymes Market by Source, 2023 - 2030, USD Million
TABLE 31 Asia Pacific Microorganisms Market by Country, 2019 - 2022, USD Million
TABLE 32 Asia Pacific Microorganisms Market by Country, 2023 - 2030, USD Million
TABLE 33 Asia Pacific Plants Market by Country, 2019 - 2022, USD Million
TABLE 34 Asia Pacific Plants Market by Country, 2023 - 2030, USD Million
TABLE 35 Asia Pacific Animals Market by Country, 2019 - 2022, USD Million
TABLE 36 Asia Pacific Animals Market by Country, 2023 - 2030, USD Million
TABLE 37 Asia Pacific Industrial Enzymes Market by Product, 2019 - 2022, USD Million
TABLE 38 Asia Pacific Industrial Enzymes Market by Product, 2023 - 2030, USD Million
TABLE 39 Asia Pacific Carbohydrase Market by Country, 2019 - 2022, USD Million
TABLE 40 Asia Pacific Carbohydrase Market by Country, 2023 - 2030, USD Million
TABLE 41 Asia Pacific Proteases Market by Country, 2019 - 2022, USD Million
TABLE 42 Asia Pacific Proteases Market by Country, 2023 - 2030, USD Million
TABLE 43 Asia Pacific Lipases Market by Country, 2019 - 2022, USD Million
TABLE 44 Asia Pacific Lipases Market by Country, 2023 - 2030, USD Million
TABLE 45 Asia Pacific Polymerases & Nucleases Market by Country, 2019 - 2022, USD Million
TABLE 46 Asia Pacific Polymerases & Nucleases Market by Country, 2023 - 2030, USD Million
TABLE 47 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 48 Asia Pacific Others Market by Country, 2023 - 2030, USD Million
TABLE 49 Asia Pacific Industrial Enzymes Market by Country, 2019 - 2022, USD Million
TABLE 50 Asia Pacific Industrial Enzymes Market by Country, 2023 - 2030, USD Million
TABLE 51 China Industrial Enzymes Market, 2019 - 2022, USD Million
TABLE 52 China Industrial Enzymes Market, 2023 - 2030, USD Million
TABLE 53 China Industrial Enzymes Market by Application, 2019 - 2022, USD Million
TABLE 54 China Industrial Enzymes Market by Application, 2023 - 2030, USD Million
TABLE 55 China Industrial Enzymes Market by Source, 2019 - 2022, USD Million
TABLE 56 China Industrial Enzymes Market by Source, 2023 - 2030, USD Million
TABLE 57 China Industrial Enzymes Market by Product, 2019 - 2022, USD Million
TABLE 58 China Industrial Enzymes Market by Product, 2023 - 2030, USD Million
TABLE 59 Japan Industrial Enzymes Market, 2019 - 2022, USD Million
TABLE 60 Japan Industrial Enzymes Market, 2023 - 2030, USD Million
TABLE 61 Japan Industrial Enzymes Market by Application, 2019 - 2022, USD Million
TABLE 62 Japan Industrial Enzymes Market by Application, 2023 - 2030, USD Million
TABLE 63 Japan Industrial Enzymes Market by Source, 2019 - 2022, USD Million
TABLE 64 Japan Industrial Enzymes Market by Source, 2023 - 2030, USD Million
TABLE 65 Japan Industrial Enzymes Market by Product, 2019 - 2022, USD Million
TABLE 66 Japan Industrial Enzymes Market by Product, 2023 - 2030, USD Million
TABLE 67 India Industrial Enzymes Market, 2019 - 2022, USD Million
TABLE 68 India Industrial Enzymes Market, 2023 - 2030, USD Million
TABLE 69 India Industrial Enzymes Market by Application, 2019 - 2022, USD Million
TABLE 70 India Industrial Enzymes Market by Application, 2023 - 2030, USD Million
TABLE 71 India Industrial Enzymes Market by Source, 2019 - 2022, USD Million
TABLE 72 India Industrial Enzymes Market by Source, 2023 - 2030, USD Million
TABLE 73 India Industrial Enzymes Market by Product, 2019 - 2022, USD Million
TABLE 74 India Industrial Enzymes Market by Product, 2023 - 2030, USD Million
TABLE 75 South Korea Industrial Enzymes Market, 2019 - 2022, USD Million
TABLE 76 South Korea Industrial Enzymes Market, 2023 - 2030, USD Million
TABLE 77 South Korea Industrial Enzymes Market by Application, 2019 - 2022, USD Million
TABLE 78 South Korea Industrial Enzymes Market by Application, 2023 - 2030, USD Million
TABLE 79 South Korea Industrial Enzymes Market by Source, 2019 - 2022, USD Million
TABLE 80 South Korea Industrial Enzymes Market by Source, 2023 - 2030, USD Million
TABLE 81 South Korea Industrial Enzymes Market by Product, 2019 - 2022, USD Million
TABLE 82 South Korea Industrial Enzymes Market by Product, 2023 - 2030, USD Million
TABLE 83 Singapore Industrial Enzymes Market, 2019 - 2022, USD Million
TABLE 84 Singapore Industrial Enzymes Market, 2023 - 2030, USD Million
TABLE 85 Singapore Industrial Enzymes Market by Application, 2019 - 2022, USD Million
TABLE 86 Singapore Industrial Enzymes Market by Application, 2023 - 2030, USD Million
TABLE 87 Singapore Industrial Enzymes Market by Source, 2019 - 2022, USD Million
TABLE 88 Singapore Industrial Enzymes Market by Source, 2023 - 2030, USD Million
TABLE 89 Singapore Industrial Enzymes Market by Product, 2019 - 2022, USD Million
TABLE 90 Singapore Industrial Enzymes Market by Product, 2023 - 2030, USD Million
TABLE 91 Malaysia Industrial Enzymes Market, 2019 - 2022, USD Million
TABLE 92 Malaysia Industrial Enzymes Market, 2023 - 2030, USD Million
TABLE 93 Malaysia Industrial Enzymes Market by Application, 2019 - 2022, USD Million
TABLE 94 Malaysia Industrial Enzymes Market by Application, 2023 - 2030, USD Million
TABLE 95 Malaysia Industrial Enzymes Market by Source, 2019 - 2022, USD Million
TABLE 96 Malaysia Industrial Enzymes Market by Source, 2023 - 2030, USD Million
TABLE 97 Malaysia Industrial Enzymes Market by Product, 2019 - 2022, USD Million
TABLE 98 Malaysia Industrial Enzymes Market by Product, 2023 - 2030, USD Million
TABLE 99 Rest of Asia Pacific Industrial Enzymes Market, 2019 - 2022, USD Million
TABLE 100 Rest of Asia Pacific Industrial Enzymes Market, 2023 - 2030, USD Million
TABLE 101 Rest of Asia Pacific Industrial Enzymes Market by Application, 2019 - 2022, USD Million
TABLE 102 Rest of Asia Pacific Industrial Enzymes Market by Application, 2023 - 2030, USD Million
TABLE 103 Rest of Asia Pacific Industrial Enzymes Market by Source, 2019 - 2022, USD Million
TABLE 104 Rest of Asia Pacific Industrial Enzymes Market by Source, 2023 - 2030, USD Million
TABLE 105 Rest of Asia Pacific Industrial Enzymes Market by Product, 2019 - 2022, USD Million
TABLE 106 Rest of Asia Pacific Industrial Enzymes Market by Product, 2023 - 2030, USD Million
TABLE 107 Key Information – Megazyme Ltd.
TABLE 108 Key Information – Novozymes A/S
TABLE 109 Key information – Chr. Hansen Holding A/S
TABLE 110 Key Information – Creative Enzymes
TABLE 111 Key Information – Associated British Foods PLC
TABLE 112 Key Information –DuPont de Nemours, Inc.
TABLE 113 Key Information – Koninklijke DSM N.V.
TABLE 114 Key Information – BASF SE
TABLE 115 Key Information – Amano Enzyme, Inc.
TABLE 116 Key Information – Kerry Group PLC
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2019, Nov – 2023, Jun) Leading Players
FIG 5 Asia Pacific Industrial Enzymes Market share by Application, 2022
FIG 6 Asia Pacific Industrial Enzymes Market share by Application, 2030
FIG 7 Asia Pacific Industrial Enzymes Market by Application, 2019 - 2030, USD Million
FIG 8 Asia Pacific Industrial Enzymes Market share by Source, 2022
FIG 9 Asia Pacific Industrial Enzymes Market share by Source, 2030
FIG 10 Asia Pacific Industrial Enzymes Market by Source, 2019 - 2030, USD Million
FIG 11 Asia Pacific Industrial Enzymes Market share by Product, 2022
FIG 12 Asia Pacific Industrial Enzymes Market share by Product, 2030
FIG 13 Asia Pacific Industrial Enzymes Market by Product, 2019 - 2030, USD Million
FIG 14 Asia Pacific Industrial Enzymes Market share by Country, 2022
FIG 15 Asia Pacific Industrial Enzymes Market share by Country, 2030
FIG 16 Asia Pacific Industrial Enzymes Market by Country, 2019 - 2030, USD Million
FIG 17 Recent strategies and developments: Koninklijke DSM N.V.
FIG 18 SWOT Analysis: BASF SE