Overview and Scope
Protein hydrolysis enzymes refer to the breakdown of peptide bonds and the rise of free amino acids and carboxyl groups. Protein hydrolysis enzymes are used to make protein have better solubility, less hydrophobicity, and less viscosity.
Sizing and Forecast
The protein hydrolysis enzymes market size has grown strongly in recent years. It will grow from $2.13 billion in 2023 to $2.27 billion in 2024 at a compound annual growth rate (CAGR) of 6.5%. The growth in the historic period can be attributed to growth in food and beverage industry, pharmaceutical applications, increased research and development, dietary supplements market growth, aging population, regulatory support.
The protein hydrolysis enzymes market size is expected to see strong growth in the next few years. It will grow to $2.9 billion in 2028 at a compound annual growth rate (CAGR) of 6.4%. The growth in the forecast period can be attributed to rising vegan and plant-based diets, shifts in consumer lifestyles, clean label movement, increased allergen-free options, global protein consumption patterns, focus on sustainable sourcing. Major trends in the forecast period include enzyme engineering and optimization, technological advancements in enzyme production, customized enzyme solutions, strategic collaborations and partnerships, sustainability in enzyme production.
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Segmentation & Regional Insights
The protein hydrolysis enzymes market covered in this report is segmented –
1) By Type: Microorganisms, Animals, Plants
2) By Method Of Production: Extraction, Fermentation
3) By Application: Detergent and Cleaning, Food and Beverage, Animal Feed, Textile, Dairy, Other Applications
Asia-Pacific was the largest region in the protein hydrolysis enzymes market in 2023 and is expected to be the fastest-growing region in the protein hydrolysis enzymes market during the forecast period. The regions covered in the protein hydrolysis enzymes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
An increasing prevalence of chronic diseases is expected to boost the growth of the protein hydrolysis enzymes market going forward. Chronic disease refers to a disease that develops over time or a health condition in people that is persistent or has other long-lasting repercussions. Protein hydrolysis produces the most physiologically active peptides with the help of enzymes and peptides can be used to prevent cancer and other diseases by their ability to modulate antioxidant enzymes as a crucial control point for the body’s pro-inflammatory processes, hence increase in the prevalence of chronic diseases is expected to boost the demand for protein hydrolysis enzymes. For instance, according to a report published by the American Cancer Society, a US-based health organization dedicated to helping people with cancer, in the United States, there is an estimated 1.9 million new cancer cases diagnosed in 2022 and 609,360 cancer deaths. Furthermore, 609,360 cancer deaths are projected in 2022, amounting to around 1,670 fatalities every day. Therefore, an increase in the prevalence of chronic diseases is driving the growth of the protein hydrolysis enzymes market.
Key Industry Players
Major companies in the protein hydrolysis enzymes market are adopting dairy alternatives such as oat-based dairy alternatives, an enzyme solution to sustain their positions in the market. These enzymes break down oat proteins into smaller peptides, improving their bioavailability and making them more easily absorbable by the body. For instance, in September 2022, Royal DSM, a Netherlands based chemicals company, extends its DelvoPlant enzyme portfolio with the launch of DelvoPlant Go for oat-based dairy alternatives. This new enzyme solution simplifies the production of oat-based products by enabling manufacturers to perform the liquefaction and saccharification process breaking down the oat starches into glucose and maltose in one step. This enables a shorter and more efficient process, reducing hydrolysis time by up to 30%.1 As well as time savings, oat-based dairy alternatives manufactured with DelvoPlant Go require less energy and water. These improvements result in increased capacity or reduced costs something that is particularly important given the current volatility in the energy market.
The protein hydrolysis enzymes market report table of contents includes:
- Executive Summary
- Protein Hydrolysis Enzymes Market Characteristics
- Protein Hydrolysis Enzymes Market Trends And Strategies
- Protein Hydrolysis Enzymes Market – Macro Economic Scenario
- Global Protein Hydrolysis Enzymes Market Size and Growth
- Protein Hydrolysis Enzymes Market Segmentation
- Protein Hydrolysis Enzymes Market Regional And Country Analysis
………………
- Key Mergers And Acquisitions In The Protein Hydrolysis Enzymes Market
- Protein Hydrolysis Enzymes Market Future Outlook and Potential Analysis
- Appendix
List Of Tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Protein Hydrolysis Enzymes Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Protein Hydrolysis Enzymes Market, Segmentation By Method Of Production, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Protein Hydrolysis Enzymes Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
……………
Table 74: Novozymes A/S Financial Performance
Table 75: Royal DSM Financial Performance
Table 76: DuPont de Nemours Inc. Financial Performance
Table 77: AB Enzymes GmbH Financial Performance
Table 78: Advanced Enzyme Technologies Financial Performance
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