The North America Industrial Enzymes Market would witness market growth of 5.4% CAGR during the forecast period (2023-2030).
Industrial enzymes like proteases are used in the environmental and waste management industries, especially for the bioremediation of waste streams that are high in protein. Organic products, including food waste, animal waste, and agricultural residues, benefit from their breakdown and disintegration. The increased focus on sustainable and environmentally friendly waste treatment solutions drives the need for proteases in environmental and waste management applications.
The need for industrial enzymes is anticipated to rise along with the regional demand for bread goods and fruit juices. The top three markets for US baked products exports in 2022, with total values of 2.61 billion, 416.81 million, and 89.61 million correspondingly, were Canada and Mexico according to the USDA Foreign Agricultural Service. Consequently, it is projected that this element will support industrial growth.
Due to its dominance in producing beverages and biofuels, the US has a greater demand for industrial enzymes. According to the USDA Foreign Agricultural Services, the total export value of biofuels in America in 2022 was $5.26 Billion. Additionally, the expansion of the industrial enzyme market is probably due to the rising demand for craft beer. Therefore, all of the aforementioned elements are propelling the regional market's growth.
The US market dominated the North America Industrial Enzymes Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $2,770.6 million by 2030. The Canada market is showcasing a CAGR of 7.8% during (2023 - 2030). Additionally, The Mexico market would witness a CAGR of 6.9% 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 U.S., Mexico, Canada, and Rest of North America.
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
- US
- Canada
- Mexico
- Rest of North America
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 North America Industrial Enzymes Market, by Application
1.4.2 North America Industrial Enzymes Market, by Source
1.4.3 North America Industrial Enzymes Market, by Product
1.4.4 North America 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. North America Industrial Enzymes Market by Application
4.1 North America Food & Beverages Market by Country
4.2 North America Detergents Market by Country
4.3 North America Animal Feed Market by Country
4.4 North America Biofuels Market by Country
4.5 North America Textiles Market by Country
4.6 North America Pulp & Paper Market by Country
4.7 North America Personal Care & Cosmetics Market by Country
4.8 North America Wastewater Market by Country
4.9 North America Agriculture Market by Country
4.1 North America Others Market by Country
Chapter 5. North America Industrial Enzymes Market by Source
5.1 North America Microorganisms Market by Country
5.2 North America Plants Market by Country
5.3 North America Animals Market by Country
Chapter 6. North America Industrial Enzymes Market by Product
6.1 North America Carbohydrase Market by Country
6.2 North America Proteases Market by Country
6.3 North America Lipases Market by Country
6.4 North America Polymerases & Nucleases Market by Country
6.5 North America Others Market by Country
Chapter 7. North America Industrial Enzymes Market by Country
7.1 US Industrial Enzymes Market
7.1.1 US Industrial Enzymes Market by Application
7.1.2 US Industrial Enzymes Market by Source
7.1.3 US Industrial Enzymes Market by Product
7.2 Canada Industrial Enzymes Market
7.2.1 Canada Industrial Enzymes Market by Application
7.2.2 Canada Industrial Enzymes Market by Source
7.2.3 Canada Industrial Enzymes Market by Product
7.3 Mexico Industrial Enzymes Market
7.3.1 Mexico Industrial Enzymes Market by Application
7.3.2 Mexico Industrial Enzymes Market by Source
7.3.3 Mexico Industrial Enzymes Market by Product
7.4 Rest of North America Industrial Enzymes Market
7.4.1 Rest of North America Industrial Enzymes Market by Application
7.4.2 Rest of North America Industrial Enzymes Market by Source
7.4.3 Rest of North America 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 North America Industrial Enzymes Market, 2019 - 2022, USD Million
TABLE 2 North America 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 North America Industrial Enzymes Market by Application, 2019 - 2022, USD Million
TABLE 8 North America Industrial Enzymes Market by Application, 2023 - 2030, USD Million
TABLE 9 North America Food & Beverages Market by Country, 2019 - 2022, USD Million
TABLE 10 North America Food & Beverages Market by Country, 2023 - 2030, USD Million
TABLE 11 North America Detergents Market by Country, 2019 - 2022, USD Million
TABLE 12 North America Detergents Market by Country, 2023 - 2030, USD Million
TABLE 13 North America Animal Feed Market by Country, 2019 - 2022, USD Million
TABLE 14 North America Animal Feed Market by Country, 2023 - 2030, USD Million
TABLE 15 North America Biofuels Market by Country, 2019 - 2022, USD Million
TABLE 16 North America Biofuels Market by Country, 2023 - 2030, USD Million
TABLE 17 North America Textiles Market by Country, 2019 - 2022, USD Million
TABLE 18 North America Textiles Market by Country, 2023 - 2030, USD Million
TABLE 19 North America Pulp & Paper Market by Country, 2019 - 2022, USD Million
TABLE 20 North America Pulp & Paper Market by Country, 2023 - 2030, USD Million
TABLE 21 North America Personal Care & Cosmetics Market by Country, 2019 - 2022, USD Million
TABLE 22 North America Personal Care & Cosmetics Market by Country, 2023 - 2030, USD Million
TABLE 23 North America Wastewater Market by Country, 2019 - 2022, USD Million
TABLE 24 North America Wastewater Market by Country, 2023 - 2030, USD Million
TABLE 25 North America Agriculture Market by Country, 2019 - 2022, USD Million
TABLE 26 North America Agriculture Market by Country, 2023 - 2030, USD Million
TABLE 27 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 28 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 29 North America Industrial Enzymes Market by Source, 2019 - 2022, USD Million
TABLE 30 North America Industrial Enzymes Market by Source, 2023 - 2030, USD Million
TABLE 31 North America Microorganisms Market by Country, 2019 - 2022, USD Million
TABLE 32 North America Microorganisms Market by Country, 2023 - 2030, USD Million
TABLE 33 North America Plants Market by Country, 2019 - 2022, USD Million
TABLE 34 North America Plants Market by Country, 2023 - 2030, USD Million
TABLE 35 North America Animals Market by Country, 2019 - 2022, USD Million
TABLE 36 North America Animals Market by Country, 2023 - 2030, USD Million
TABLE 37 North America Industrial Enzymes Market by Product, 2019 - 2022, USD Million
TABLE 38 North America Industrial Enzymes Market by Product, 2023 - 2030, USD Million
TABLE 39 North America Carbohydrase Market by Country, 2019 - 2022, USD Million
TABLE 40 North America Carbohydrase Market by Country, 2023 - 2030, USD Million
TABLE 41 North America Proteases Market by Country, 2019 - 2022, USD Million
TABLE 42 North America Proteases Market by Country, 2023 - 2030, USD Million
TABLE 43 North America Lipases Market by Country, 2019 - 2022, USD Million
TABLE 44 North America Lipases Market by Country, 2023 - 2030, USD Million
TABLE 45 North America Polymerases & Nucleases Market by Country, 2019 - 2022, USD Million
TABLE 46 North America Polymerases & Nucleases Market by Country, 2023 - 2030, USD Million
TABLE 47 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 48 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 49 North America Industrial Enzymes Market by Country, 2019 - 2022, USD Million
TABLE 50 North America Industrial Enzymes Market by Country, 2023 - 2030, USD Million
TABLE 51 US Industrial Enzymes Market, 2019 - 2022, USD Million
TABLE 52 US Industrial Enzymes Market, 2023 - 2030, USD Million
TABLE 53 US Industrial Enzymes Market by Application, 2019 - 2022, USD Million
TABLE 54 US Industrial Enzymes Market by Application, 2023 - 2030, USD Million
TABLE 55 US Industrial Enzymes Market by Source, 2019 - 2022, USD Million
TABLE 56 US Industrial Enzymes Market by Source, 2023 - 2030, USD Million
TABLE 57 US Industrial Enzymes Market by Product, 2019 - 2022, USD Million
TABLE 58 US Industrial Enzymes Market by Product, 2023 - 2030, USD Million
TABLE 59 Canada Industrial Enzymes Market, 2019 - 2022, USD Million
TABLE 60 Canada Industrial Enzymes Market, 2023 - 2030, USD Million
TABLE 61 Canada Industrial Enzymes Market by Application, 2019 - 2022, USD Million
TABLE 62 Canada Industrial Enzymes Market by Application, 2023 - 2030, USD Million
TABLE 63 Canada Industrial Enzymes Market by Source, 2019 - 2022, USD Million
TABLE 64 Canada Industrial Enzymes Market by Source, 2023 - 2030, USD Million
TABLE 65 Canada Industrial Enzymes Market by Product, 2019 - 2022, USD Million
TABLE 66 Canada Industrial Enzymes Market by Product, 2023 - 2030, USD Million
TABLE 67 Mexico Industrial Enzymes Market, 2019 - 2022, USD Million
TABLE 68 Mexico Industrial Enzymes Market, 2023 - 2030, USD Million
TABLE 69 Mexico Industrial Enzymes Market by Application, 2019 - 2022, USD Million
TABLE 70 Mexico Industrial Enzymes Market by Application, 2023 - 2030, USD Million
TABLE 71 Mexico Industrial Enzymes Market by Source, 2019 - 2022, USD Million
TABLE 72 Mexico Industrial Enzymes Market by Source, 2023 - 2030, USD Million
TABLE 73 Mexico Industrial Enzymes Market by Product, 2019 - 2022, USD Million
TABLE 74 Mexico Industrial Enzymes Market by Product, 2023 - 2030, USD Million
TABLE 75 Rest of North America Industrial Enzymes Market, 2019 - 2022, USD Million
TABLE 76 Rest of North America Industrial Enzymes Market, 2023 - 2030, USD Million
TABLE 77 Rest of North America Industrial Enzymes Market by Application, 2019 - 2022, USD Million
TABLE 78 Rest of North America Industrial Enzymes Market by Application, 2023 - 2030, USD Million
TABLE 79 Rest of North America Industrial Enzymes Market by Source, 2019 - 2022, USD Million
TABLE 80 Rest of North America Industrial Enzymes Market by Source, 2023 - 2030, USD Million
TABLE 81 Rest of North America Industrial Enzymes Market by Product, 2019 - 2022, USD Million
TABLE 82 Rest of North America Industrial Enzymes Market by Product, 2023 - 2030, USD Million
TABLE 83 Key Information – Megazyme Ltd.
TABLE 84 Key Information – Novozymes A/S
TABLE 85 Key information – Chr. Hansen Holding A/S
TABLE 86 Key Information – Creative Enzymes
TABLE 87 Key Information – Associated British Foods PLC
TABLE 88 Key Information –DuPont de Nemours, Inc.
TABLE 89 Key Information – Koninklijke DSM N.V.
TABLE 90 Key Information – BASF SE
TABLE 91 Key Information – Amano Enzyme, Inc.
TABLE 92 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 North America Industrial Enzymes Market share by Application, 2022
FIG 6 North America Industrial Enzymes Market share by Application, 2030
FIG 7 North America Industrial Enzymes Market by Application, 2019 - 2030, USD Million
FIG 8 North America Industrial Enzymes Market share by Source, 2022
FIG 9 North America Industrial Enzymes Market share by Source, 2030
FIG 10 North America Industrial Enzymes Market by Source, 2019 - 2030, USD Million
FIG 11 North America Industrial Enzymes Market share by Product, 2022
FIG 12 North America Industrial Enzymes Market share by Product, 2030
FIG 13 North America Industrial Enzymes Market by Product, 2019 - 2030, USD Million
FIG 14 North America Industrial Enzymes Market share by Country, 2022
FIG 15 North America Industrial Enzymes Market share by Country, 2030
FIG 16 North America 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