The Asia Pacific Lipase Food Enzymes Market would witness market growth of 7.8% CAGR during the forecast period (2023-2029).
The lipase enzyme offers a significant advantage due to its widespread availability, which can be readily obtained from microorganisms, animal, and plant sources. The demand for lipase enzymes is expected to increase during the forecast period due to their growing use in various industries. This trend is driven by the increasing number of applications for these enzymes.
Reportedly, there has been a significant surge in broad awareness regarding the importance of nutritional food products. The correlation between nutritional awareness and pollution, health diseases, changing dietary habits, and urbanization has been observed. The demand for nutritional food has increased due to various factors, including government initiatives aimed at educating rural populations on nutrition, a growing percentage of working women and educated individuals, and a lack of time for food preparation.
Enzymes are used in the production of the majority of all breads in the region, showing a considerable industry-wide consumption of enzymes, particularly in nations with higher bakery consumption. Additionally, steamed bread producers expressed concerns that the finished product would not be as appealing as consumers have come to expect after using artificial whiteners such as benzoyl peroxide was outlawed in many developed nations, including China. The issue was addressed by lipase resulting in whiter steamed bread. The trend even increased the need for enzymes in the sector. Most of the demand for microbial enzymes is international, and most of its producers are in Asia. Therefore, the region presents lucrative growth opportunities to expand the market.
The China market dominated the Asia Pacific Lipase Food Enzymes Market by Country in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $55.1 million by 2029. The Japan market is expected to witness a CAGR of 7.2% during (2023 - 2029). Additionally, The India market is expected to witness a CAGR of 8.5% during (2023 - 2029).
Based on Application, the market is segmented into Food & Beverage Processing, Animal Feed, and Others. Based on Food & Beverage Processing Type, the market is segmented into Bakery Products, Dairy Products, and Others. Based on Form, the market is segmented into Powder and Liquid. Based on Source, the market is segmented into Microorganisms, Animals and Plants. 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 Lipase Food Enzymes Market is Projected to reach USD 679.5 Million by 2029, at a CAGR of 6.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Chr. Hansen Holding A/S, Associated British Foods PLC (Wittington Investments Limited), Biocatalysts Limited (Brain Biotech AG), Novozymes A/S (Novo Holdings A/S), BASF SE, Infinita Biotech Private Limited, Antozyme Biotech Pvt Ltd, Jiangsu Yiming Biological Technology Co., Ltd., Creative Enzymes and Enzyme Development Corporation.
Scope of the Study
Market Segments Covered in the Report:
By Application
- Food & Beverage Processing
- Bakery Products
- Dairy Products
- Others
- Animal Feed
- Others
By Form
By Source
- Microorganisms
- Animals
- Plants
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Chr.Hansen Holding A/S
- Associated British Foods PLC (Wittington Investments Limited)
- Biocatalysts Limited (Brain Biotech AG)
- Novozymes A/S (Novo Holdings A/S)
- BASF SE
- Infinita Biotech Private Limited
- Antozyme Biotech Pvt Ltd
- Jiangsu Yiming Biological Technology Co., Ltd.
- Creative Enzymes
- Enzyme Development Corporation
TABLE 1 Asia Pacific Lipase Food Enzymes Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific Lipase Food Enzymes Market, 2023 - 2029, USD Million
TABLE 3 Asia Pacific Lipase Food Enzymes Market by Application, 2019 - 2022, USD Million
TABLE 4 Asia Pacific Lipase Food Enzymes Market by Application, 2023 - 2029, USD Million
TABLE 5 Asia Pacific Food & Beverage Processing Market by Country, 2019 - 2022, USD Million
TABLE 6 Asia Pacific Food & Beverage Processing Market by Country, 2023 - 2029, USD Million
TABLE 7 Asia Pacific Lipase Food Enzymes Market by Food & Beverage Processing Type, 2019 - 2022, USD Million
TABLE 8 Asia Pacific Lipase Food Enzymes Market by Food & Beverage Processing Type, 2023 - 2029, USD Million
TABLE 9 Asia Pacific Bakery Products Market by Country, 2019 - 2022, USD Million
TABLE 10 Asia Pacific Bakery Products Market by Country, 2023 - 2029, USD Million
TABLE 11 Asia Pacific Dairy Products Market by Country, 2019 - 2022, USD Million
TABLE 12 Asia Pacific Dairy Products Market by Country, 2023 - 2029, USD Million
TABLE 13 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 14 Asia Pacific Others Market by Country, 2023 - 2029, USD Million
TABLE 15 Asia Pacific Animal Feed Market by Country, 2019 - 2022, USD Million
TABLE 16 Asia Pacific Animal Feed Market by Country, 2023 - 2029, USD Million
TABLE 17 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 18 Asia Pacific Others Market by Country, 2023 - 2029, USD Million
TABLE 19 Asia Pacific Lipase Food Enzymes Market by Form, 2019 - 2022, USD Million
TABLE 20 Asia Pacific Lipase Food Enzymes Market by Form, 2023 - 2029, USD Million
TABLE 21 Asia Pacific Powder Market by Country, 2019 - 2022, USD Million
TABLE 22 Asia Pacific Powder Market by Country, 2023 - 2029, USD Million
TABLE 23 Asia Pacific Liquid Market by Country, 2019 - 2022, USD Million
TABLE 24 Asia Pacific Liquid Market by Country, 2023 - 2029, USD Million
TABLE 25 Asia Pacific Lipase Food Enzymes Market by Source, 2019 - 2022, USD Million
TABLE 26 Asia Pacific Lipase Food Enzymes Market by Source, 2023 - 2029, USD Million
TABLE 27 Asia Pacific Microorganisms Market by Country, 2019 - 2022, USD Million
TABLE 28 Asia Pacific Microorganisms Market by Country, 2023 - 2029, USD Million
TABLE 29 Asia Pacific Animals Market by Country, 2019 - 2022, USD Million
TABLE 30 Asia Pacific Animals Market by Country, 2023 - 2029, USD Million
TABLE 31 Asia Pacific Plants Market by Country, 2019 - 2022, USD Million
TABLE 32 Asia Pacific Plants Market by Country, 2023 - 2029, USD Million
TABLE 33 Asia Pacific Lipase Food Enzymes Market by Country, 2019 - 2022, USD Million
TABLE 34 Asia Pacific Lipase Food Enzymes Market by Country, 2023 - 2029, USD Million
TABLE 35 China Lipase Food Enzymes Market, 2019 - 2022, USD Million
TABLE 36 China Lipase Food Enzymes Market, 2023 - 2029, USD Million
TABLE 37 China Lipase Food Enzymes Market by Application, 2019 - 2022, USD Million
TABLE 38 China Lipase Food Enzymes Market by Application, 2023 - 2029, USD Million
TABLE 39 China Lipase Food Enzymes Market by Food & Beverage Processing Type, 2019 - 2022, USD Million
TABLE 40 China Lipase Food Enzymes Market by Food & Beverage Processing Type, 2023 - 2029, USD Million
TABLE 41 China Lipase Food Enzymes Market by Form, 2019 - 2022, USD Million
TABLE 42 China Lipase Food Enzymes Market by Form, 2023 - 2029, USD Million
TABLE 43 China Lipase Food Enzymes Market by Source, 2019 - 2022, USD Million
TABLE 44 China Lipase Food Enzymes Market by Source, 2023 - 2029, USD Million
TABLE 45 Japan Lipase Food Enzymes Market, 2019 - 2022, USD Million
TABLE 46 Japan Lipase Food Enzymes Market, 2023 - 2029, USD Million
TABLE 47 Japan Lipase Food Enzymes Market by Application, 2019 - 2022, USD Million
TABLE 48 Japan Lipase Food Enzymes Market by Application, 2023 - 2029, USD Million
TABLE 49 Japan Lipase Food Enzymes Market by Food & Beverage Processing Type, 2019 - 2022, USD Million
TABLE 50 Japan Lipase Food Enzymes Market by Food & Beverage Processing Type, 2023 - 2029, USD Million
TABLE 51 Japan Lipase Food Enzymes Market by Form, 2019 - 2022, USD Million
TABLE 52 Japan Lipase Food Enzymes Market by Form, 2023 - 2029, USD Million
TABLE 53 Japan Lipase Food Enzymes Market by Source, 2019 - 2022, USD Million
TABLE 54 Japan Lipase Food Enzymes Market by Source, 2023 - 2029, USD Million
TABLE 55 India Lipase Food Enzymes Market, 2019 - 2022, USD Million
TABLE 56 India Lipase Food Enzymes Market, 2023 - 2029, USD Million
TABLE 57 India Lipase Food Enzymes Market by Application, 2019 - 2022, USD Million
TABLE 58 India Lipase Food Enzymes Market by Application, 2023 - 2029, USD Million
TABLE 59 India Lipase Food Enzymes Market by Food & Beverage Processing Type, 2019 - 2022, USD Million
TABLE 60 India Lipase Food Enzymes Market by Food & Beverage Processing Type, 2023 - 2029, USD Million
TABLE 61 India Lipase Food Enzymes Market by Form, 2019 - 2022, USD Million
TABLE 62 India Lipase Food Enzymes Market by Form, 2023 - 2029, USD Million
TABLE 63 India Lipase Food Enzymes Market by Source, 2019 - 2022, USD Million
TABLE 64 India Lipase Food Enzymes Market by Source, 2023 - 2029, USD Million
TABLE 65 South Korea Lipase Food Enzymes Market, 2019 - 2022, USD Million
TABLE 66 South Korea Lipase Food Enzymes Market, 2023 - 2029, USD Million
TABLE 67 South Korea Lipase Food Enzymes Market by Application, 2019 - 2022, USD Million
TABLE 68 South Korea Lipase Food Enzymes Market by Application, 2023 - 2029, USD Million
TABLE 69 South Korea Lipase Food Enzymes Market by Food & Beverage Processing Type, 2019 - 2022, USD Million
TABLE 70 South Korea Lipase Food Enzymes Market by Food & Beverage Processing Type, 2023 - 2029, USD Million
TABLE 71 South Korea Lipase Food Enzymes Market by Form, 2019 - 2022, USD Million
TABLE 72 South Korea Lipase Food Enzymes Market by Form, 2023 - 2029, USD Million
TABLE 73 South Korea Lipase Food Enzymes Market by Source, 2019 - 2022, USD Million
TABLE 74 South Korea Lipase Food Enzymes Market by Source, 2023 - 2029, USD Million
TABLE 75 Singapore Lipase Food Enzymes Market, 2019 - 2022, USD Million
TABLE 76 Singapore Lipase Food Enzymes Market, 2023 - 2029, USD Million
TABLE 77 Singapore Lipase Food Enzymes Market by Application, 2019 - 2022, USD Million
TABLE 78 Singapore Lipase Food Enzymes Market by Application, 2023 - 2029, USD Million
TABLE 79 Singapore Lipase Food Enzymes Market by Food & Beverage Processing Type, 2019 - 2022, USD Million
TABLE 80 Singapore Lipase Food Enzymes Market by Food & Beverage Processing Type, 2023 - 2029, USD Million
TABLE 81 Singapore Lipase Food Enzymes Market by Form, 2019 - 2022, USD Million
TABLE 82 Singapore Lipase Food Enzymes Market by Form, 2023 - 2029, USD Million
TABLE 83 Singapore Lipase Food Enzymes Market by Source, 2019 - 2022, USD Million
TABLE 84 Singapore Lipase Food Enzymes Market by Source, 2023 - 2029, USD Million
TABLE 85 Malaysia Lipase Food Enzymes Market, 2019 - 2022, USD Million
TABLE 86 Malaysia Lipase Food Enzymes Market, 2023 - 2029, USD Million
TABLE 87 Malaysia Lipase Food Enzymes Market by Application, 2019 - 2022, USD Million
TABLE 88 Malaysia Lipase Food Enzymes Market by Application, 2023 - 2029, USD Million
TABLE 89 Malaysia Lipase Food Enzymes Market by Food & Beverage Processing Type, 2019 - 2022, USD Million
TABLE 90 Malaysia Lipase Food Enzymes Market by Food & Beverage Processing Type, 2023 - 2029, USD Million
TABLE 91 Malaysia Lipase Food Enzymes Market by Form, 2019 - 2022, USD Million
TABLE 92 Malaysia Lipase Food Enzymes Market by Form, 2023 - 2029, USD Million
TABLE 93 Malaysia Lipase Food Enzymes Market by Source, 2019 - 2022, USD Million
TABLE 94 Malaysia Lipase Food Enzymes Market by Source, 2023 - 2029, USD Million
TABLE 95 Rest of Asia Pacific Lipase Food Enzymes Market, 2019 - 2022, USD Million
TABLE 96 Rest of Asia Pacific Lipase Food Enzymes Market, 2023 - 2029, USD Million
TABLE 97 Rest of Asia Pacific Lipase Food Enzymes Market by Application, 2019 - 2022, USD Million
TABLE 98 Rest of Asia Pacific Lipase Food Enzymes Market by Application, 2023 - 2029, USD Million
TABLE 99 Rest of Asia Pacific Lipase Food Enzymes Market by Food & Beverage Processing Type, 2019 - 2022, USD Million
TABLE 100 Rest of Asia Pacific Lipase Food Enzymes Market by Food & Beverage Processing Type, 2023 - 2029, USD Million
TABLE 101 Rest of Asia Pacific Lipase Food Enzymes Market by Form, 2019 - 2022, USD Million
TABLE 102 Rest of Asia Pacific Lipase Food Enzymes Market by Form, 2023 - 2029, USD Million
TABLE 103 Rest of Asia Pacific Lipase Food Enzymes Market by Source, 2019 - 2022, USD Million
TABLE 104 Rest of Asia Pacific Lipase Food Enzymes Market by Source, 2023 - 2029, USD Million
TABLE 105 Key information – Chr. Hansen Holding A/S
TABLE 106 Key Information – Associated British Foods PLC
TABLE 107 Key Information – Biocatalysts Limited
TABLE 108 key Information – Novozymes A/S
TABLE 109 Key Information – BASF SE
TABLE 110 Key Information – Infinita Biotech Private Limited
TABLE 111 Key Information – Antozyme Biotech Pvt Ltd
TABLE 112 Key Information – Jiangsu Yiming Biological Technology Co., Ltd.
TABLE 113 Key Information – Creative Enzymes
TABLE 114 Key Information – Enzyme Development Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments:Chr. Hansen Holding A/S