The Latin America, Middle East and Africa Industrial Enzymes Market would witness market growth of 10.9% CAGR during the forecast period (2023-2030).
Enzyme engineering and biotechnology advancements in recent years have made it possible to produce selective and extremely effective industrial enzymes. To give enzymes better qualities, including greater stability, improved catalytic activity, and resistance to challenging working circumstances, protein engineering and genetic engineering techniques can be used. These improvements in enzyme engineering have expanded the types of industrial processes that enzymes may be used in, accelerating market growth. In laundry detergents, dishwashing liquids, and commercial cleaning products, lipases, amylases, and proteases are common enzymes.
Many household or cleaning products can irritate the eyes or throat, as well as lead to headaches and other health issues. Volatile organic compounds (VOCs), among other harmful chemicals, are released by several items. It is anticipated that as demand for efficient and ecologically friendly cleaning solutions rises the use of enzymes in cleaning supplies will rise. Hence, in the coming years, the usage of and demand for industrial enzymes will rise expeditiously due to their widespread use in numerous sectors.
Governments in Latin America aggressively encourage the implementation of sustainable technology, such as industrial enzymes, through beneficial policies and regulations. Incentives, tax breaks, and measures are being implemented to encourage using environmentally friendly procedures, forcing firms to utilize enzymes. Such strong regulatory backing plays a key role in boosting the demand for industrial enzymes in the region's economic environment.
The Brazil market dominated the LAMEA Industrial Enzymes Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $239.8 million by 2030. The Argentina market is anticipated to grow at a CAGR of 11.5% during (2023 - 2030). Additionally, The UAE market would display a CAGR of 10.6% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Industrial Enzymes Market, by Application
1.4.2 LAMEA Industrial Enzymes Market, by Source
1.4.3 LAMEA Industrial Enzymes Market, by Product
1.4.4 LAMEA 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. LAMEA Industrial Enzymes Market by Application
4.1 LAMEA Food & Beverages Market by Country
4.2 LAMEA Detergents Market by Country
4.3 LAMEA Animal Feed Market by Country
4.4 LAMEA Biofuels Market by Country
4.5 LAMEA Textiles Market by Country
4.6 LAMEA Pulp & Paper Market by Country
4.7 LAMEA Personal Care & Cosmetics Market by Country
4.8 LAMEA Wastewater Market by Country
4.9 LAMEA Agriculture Market by Country
4.1 LAMEA Others Market by Country
Chapter 5. LAMEA Industrial Enzymes Market by Source
5.1 LAMEA Microorganisms Market by Country
5.2 LAMEA Plants Market by Country
5.3 LAMEA Animals Market by Country
Chapter 6. LAMEA Industrial Enzymes Market by Product
6.1 LAMEA Carbohydrase Market by Country
6.2 LAMEA Proteases Market by Country
6.3 LAMEA Lipases Market by Country
6.4 LAMEA Polymerases & Nucleases Market by Country
6.5 LAMEA Others Market by Country
Chapter 7. LAMEA Industrial Enzymes Market by Country
7.1 Brazil Industrial Enzymes Market
7.1.1 Brazil Industrial Enzymes Market by Application
7.1.2 Brazil Industrial Enzymes Market by Source
7.1.3 Brazil Industrial Enzymes Market by Product
7.2 Argentina Industrial Enzymes Market
7.2.1 Argentina Industrial Enzymes Market by Application
7.2.2 Argentina Industrial Enzymes Market by Source
7.2.3 Argentina Industrial Enzymes Market by Product
7.3 UAE Industrial Enzymes Market
7.3.1 UAE Industrial Enzymes Market by Application
7.3.2 UAE Industrial Enzymes Market by Source
7.3.3 UAE Industrial Enzymes Market by Product
7.4 Saudi Arabia Industrial Enzymes Market
7.4.1 Saudi Arabia Industrial Enzymes Market by Application
7.4.2 Saudi Arabia Industrial Enzymes Market by Source
7.4.3 Saudi Arabia Industrial Enzymes Market by Product
7.5 South Africa Industrial Enzymes Market
7.5.1 South Africa Industrial Enzymes Market by Application
7.5.2 South Africa Industrial Enzymes Market by Source
7.5.3 South Africa Industrial Enzymes Market by Product
7.6 Nigeria Industrial Enzymes Market
7.6.1 Nigeria Industrial Enzymes Market by Application
7.6.2 Nigeria Industrial Enzymes Market by Source
7.6.3 Nigeria Industrial Enzymes Market by Product
7.7 Rest of LAMEA Industrial Enzymes Market
7.7.1 Rest of LAMEA Industrial Enzymes Market by Application
7.7.2 Rest of LAMEA Industrial Enzymes Market by Source
7.7.3 Rest of LAMEA 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 LAMEA Industrial Enzymes Market, 2019 - 2022, USD Million
TABLE 2 LAMEA 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 LAMEA Industrial Enzymes Market by Application, 2019 - 2022, USD Million
TABLE 8 LAMEA Industrial Enzymes Market by Application, 2023 - 2030, USD Million
TABLE 9 LAMEA Food & Beverages Market by Country, 2019 - 2022, USD Million
TABLE 10 LAMEA Food & Beverages Market by Country, 2023 - 2030, USD Million
TABLE 11 LAMEA Detergents Market by Country, 2019 - 2022, USD Million
TABLE 12 LAMEA Detergents Market by Country, 2023 - 2030, USD Million
TABLE 13 LAMEA Animal Feed Market by Country, 2019 - 2022, USD Million
TABLE 14 LAMEA Animal Feed Market by Country, 2023 - 2030, USD Million
TABLE 15 LAMEA Biofuels Market by Country, 2019 - 2022, USD Million
TABLE 16 LAMEA Biofuels Market by Country, 2023 - 2030, USD Million
TABLE 17 LAMEA Textiles Market by Country, 2019 - 2022, USD Million
TABLE 18 LAMEA Textiles Market by Country, 2023 - 2030, USD Million
TABLE 19 LAMEA Pulp & Paper Market by Country, 2019 - 2022, USD Million
TABLE 20 LAMEA Pulp & Paper Market by Country, 2023 - 2030, USD Million
TABLE 21 LAMEA Personal Care & Cosmetics Market by Country, 2019 - 2022, USD Million
TABLE 22 LAMEA Personal Care & Cosmetics Market by Country, 2023 - 2030, USD Million
TABLE 23 LAMEA Wastewater Market by Country, 2019 - 2022, USD Million
TABLE 24 LAMEA Wastewater Market by Country, 2023 - 2030, USD Million
TABLE 25 LAMEA Agriculture Market by Country, 2019 - 2022, USD Million
TABLE 26 LAMEA Agriculture Market by Country, 2023 - 2030, USD Million
TABLE 27 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 28 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 29 LAMEA Industrial Enzymes Market by Source, 2019 - 2022, USD Million
TABLE 30 LAMEA Industrial Enzymes Market by Source, 2023 - 2030, USD Million
TABLE 31 LAMEA Microorganisms Market by Country, 2019 - 2022, USD Million
TABLE 32 LAMEA Microorganisms Market by Country, 2023 - 2030, USD Million
TABLE 33 LAMEA Plants Market by Country, 2019 - 2022, USD Million
TABLE 34 LAMEA Plants Market by Country, 2023 - 2030, USD Million
TABLE 35 LAMEA Animals Market by Country, 2019 - 2022, USD Million
TABLE 36 LAMEA Animals Market by Country, 2023 - 2030, USD Million
TABLE 37 LAMEA Industrial Enzymes Market by Product, 2019 - 2022, USD Million
TABLE 38 LAMEA Industrial Enzymes Market by Product, 2023 - 2030, USD Million
TABLE 39 LAMEA Carbohydrase Market by Country, 2019 - 2022, USD Million
TABLE 40 LAMEA Carbohydrase Market by Country, 2023 - 2030, USD Million
TABLE 41 LAMEA Proteases Market by Country, 2019 - 2022, USD Million
TABLE 42 LAMEA Proteases Market by Country, 2023 - 2030, USD Million
TABLE 43 LAMEA Lipases Market by Country, 2019 - 2022, USD Million
TABLE 44 LAMEA Lipases Market by Country, 2023 - 2030, USD Million
TABLE 45 LAMEA Polymerases & Nucleases Market by Country, 2019 - 2022, USD Million
TABLE 46 LAMEA Polymerases & Nucleases Market by Country, 2023 - 2030, USD Million
TABLE 47 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 48 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 49 LAMEA Industrial Enzymes Market by Country, 2019 - 2022, USD Million
TABLE 50 LAMEA Industrial Enzymes Market by Country, 2023 - 2030, USD Million
TABLE 51 Brazil Industrial Enzymes Market, 2019 - 2022, USD Million
TABLE 52 Brazil Industrial Enzymes Market, 2023 - 2030, USD Million
TABLE 53 Brazil Industrial Enzymes Market by Application, 2019 - 2022, USD Million
TABLE 54 Brazil Industrial Enzymes Market by Application, 2023 - 2030, USD Million
TABLE 55 Brazil Industrial Enzymes Market by Source, 2019 - 2022, USD Million
TABLE 56 Brazil Industrial Enzymes Market by Source, 2023 - 2030, USD Million
TABLE 57 Brazil Industrial Enzymes Market by Product, 2019 - 2022, USD Million
TABLE 58 Brazil Industrial Enzymes Market by Product, 2023 - 2030, USD Million
TABLE 59 Argentina Industrial Enzymes Market, 2019 - 2022, USD Million
TABLE 60 Argentina Industrial Enzymes Market, 2023 - 2030, USD Million
TABLE 61 Argentina Industrial Enzymes Market by Application, 2019 - 2022, USD Million
TABLE 62 Argentina Industrial Enzymes Market by Application, 2023 - 2030, USD Million
TABLE 63 Argentina Industrial Enzymes Market by Source, 2019 - 2022, USD Million
TABLE 64 Argentina Industrial Enzymes Market by Source, 2023 - 2030, USD Million
TABLE 65 Argentina Industrial Enzymes Market by Product, 2019 - 2022, USD Million
TABLE 66 Argentina Industrial Enzymes Market by Product, 2023 - 2030, USD Million
TABLE 67 UAE Industrial Enzymes Market, 2019 - 2022, USD Million
TABLE 68 UAE Industrial Enzymes Market, 2023 - 2030, USD Million
TABLE 69 UAE Industrial Enzymes Market by Application, 2019 - 2022, USD Million
TABLE 70 UAE Industrial Enzymes Market by Application, 2023 - 2030, USD Million
TABLE 71 UAE Industrial Enzymes Market by Source, 2019 - 2022, USD Million
TABLE 72 UAE Industrial Enzymes Market by Source, 2023 - 2030, USD Million
TABLE 73 UAE Industrial Enzymes Market by Product, 2019 - 2022, USD Million
TABLE 74 UAE Industrial Enzymes Market by Product, 2023 - 2030, USD Million
TABLE 75 Saudi Arabia Industrial Enzymes Market, 2019 - 2022, USD Million
TABLE 76 Saudi Arabia Industrial Enzymes Market, 2023 - 2030, USD Million
TABLE 77 Saudi Arabia Industrial Enzymes Market by Application, 2019 - 2022, USD Million
TABLE 78 Saudi Arabia Industrial Enzymes Market by Application, 2023 - 2030, USD Million
TABLE 79 Saudi Arabia Industrial Enzymes Market by Source, 2019 - 2022, USD Million
TABLE 80 Saudi Arabia Industrial Enzymes Market by Source, 2023 - 2030, USD Million
TABLE 81 Saudi Arabia Industrial Enzymes Market by Product, 2019 - 2022, USD Million
TABLE 82 Saudi Arabia Industrial Enzymes Market by Product, 2023 - 2030, USD Million
TABLE 83 South Africa Industrial Enzymes Market, 2019 - 2022, USD Million
TABLE 84 South Africa Industrial Enzymes Market, 2023 - 2030, USD Million
TABLE 85 South Africa Industrial Enzymes Market by Application, 2019 - 2022, USD Million
TABLE 86 South Africa Industrial Enzymes Market by Application, 2023 - 2030, USD Million
TABLE 87 South Africa Industrial Enzymes Market by Source, 2019 - 2022, USD Million
TABLE 88 South Africa Industrial Enzymes Market by Source, 2023 - 2030, USD Million
TABLE 89 South Africa Industrial Enzymes Market by Product, 2019 - 2022, USD Million
TABLE 90 South Africa Industrial Enzymes Market by Product, 2023 - 2030, USD Million
TABLE 91 Nigeria Industrial Enzymes Market, 2019 - 2022, USD Million
TABLE 92 Nigeria Industrial Enzymes Market, 2023 - 2030, USD Million
TABLE 93 Nigeria Industrial Enzymes Market by Application, 2019 - 2022, USD Million
TABLE 94 Nigeria Industrial Enzymes Market by Application, 2023 - 2030, USD Million
TABLE 95 Nigeria Industrial Enzymes Market by Source, 2019 - 2022, USD Million
TABLE 96 Nigeria Industrial Enzymes Market by Source, 2023 - 2030, USD Million
TABLE 97 Nigeria Industrial Enzymes Market by Product, 2019 - 2022, USD Million
TABLE 98 Nigeria Industrial Enzymes Market by Product, 2023 - 2030, USD Million
TABLE 99 Rest of LAMEA Industrial Enzymes Market, 2019 - 2022, USD Million
TABLE 100 Rest of LAMEA Industrial Enzymes Market, 2023 - 2030, USD Million
TABLE 101 Rest of LAMEA Industrial Enzymes Market by Application, 2019 - 2022, USD Million
TABLE 102 Rest of LAMEA Industrial Enzymes Market by Application, 2023 - 2030, USD Million
TABLE 103 Rest of LAMEA Industrial Enzymes Market by Source, 2019 - 2022, USD Million
TABLE 104 Rest of LAMEA Industrial Enzymes Market by Source, 2023 - 2030, USD Million
TABLE 105 Rest of LAMEA Industrial Enzymes Market by Product, 2019 - 2022, USD Million
TABLE 106 Rest of LAMEA 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 LAMEA Industrial Enzymes Market share by Application, 2022
FIG 6 LAMEA Industrial Enzymes Market share by Application, 2030
FIG 7 LAMEA Industrial Enzymes Market by Application, 2019 - 2030, USD Million
FIG 8 LAMEA Industrial Enzymes Market share by Source, 2022
FIG 9 LAMEA Industrial Enzymes Market share by Source, 2030
FIG 10 LAMEA Industrial Enzymes Market by Source, 2019 - 2030, USD Million
FIG 11 LAMEA Industrial Enzymes Market share by Product, 2022
FIG 12 LAMEA Industrial Enzymes Market share by Product, 2030
FIG 13 LAMEA Industrial Enzymes Market by Product, 2019 - 2030, USD Million
FIG 14 LAMEA Industrial Enzymes Market share by Country, 2022
FIG 15 LAMEA Industrial Enzymes Market share by Country, 2030
FIG 16 LAMEA 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