Specialty Enzymes Market Size, Share, By Product Type (Carbohydrases, Proteases, Lipases, Polymerases & Nucleases, Others), By Source (Microorganisms, Plant-derived Enzymes, Animal-derived Enzymes), By Application (Pharmaceuticals, Research & Biotechnology, Diagnostics, Food & Beverages, Others), and By Region - Trends, Analysis and Forecast till 2034

Report Code: PMI551524 | Publish Date: July 2024 | No. of Pages: 186

Specialty Enzymes Market Overview

Specialty Enzymes Market Size was valued at USD 5.9 Billion in 2024 and is expected to reach USD 10.6 Billion by 2034 growing at a CAGR of 6.6%

Specialty enzymes are unusually specialized proteins that effectuate specific biochemical reactions in specialty industries and applications. Primarily, they result from biotechnological methods where selective functions, most often non-natural, are expected to act in a non-natural environment. They also find wide applications in pharmaceuticals, food processing, biofuel production, textiles, and environmental remediation. Most of them have a certain number of advantages over traditional chemical processes, such as improving efficiency, saving energy, and reducing environmental impact. Their unique properties mean that, under certain conditions, they can catalyze reactions that otherwise would be very difficult or impossible to reach with conventional methods. Therefore, demand for clean and sustainable diagnostics processes is becoming increasingly prominent; specialty enzymes are advancing technological development across several sectors.

Specialty enzymes are generally manufactured using state-of-the-art biotechnological methods, which reallocate the DNA technology and protein. Engineering allows the manufacture of enzymes with enhanced stability, specificity, and activity. They are usually carried out in controlled fermentation with genetically modified microorganisms. Some specialty enzymes are used in pharmaceuticals and Diagnostics processes. They are used in the food industry to improve product texture, flavor, and nutritional value. In addition, they help produce biofuels by breaking cellulose into fermentable sugars. Textile producers use them to improve the properties of cloth and reduce the negative ecological impact of processing. Environmental applications include waste treatment and bioremediation.

The benefits associated with specialty enzymes are enormous. In most cases, they provide industries with more efficient and cleaner production processes than traditional chemical methods. Compared to conventional techniques, enzymes usually act at lower temperatures and pressures, which helps in saving energy. They have high specificity, thus minimizing the problems associated with unwanted side reactions, thereby enhancing the purity of the end product. Many enzyme-catalyzed reactions use water as a solvent instead of using harsh chemicals that can harm the environment. Biodegradable enzymes often offer the potential for milder reaction conditions to warrant higher worker safety. Often, they improve product quality or even enable new products. As catalysts, enzymes can be used in small quantities and are thus, in the best cases, recyclable, offering an additional economic advantage in Diagnostics processes.

Specialty Enzymes Market Research Report

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

Specialty Enzymes Market Dynamics

Key Drivers of Target Market:

Growing Demand for Processed Foods

  • The rising demand for convenience and processed food products is encouraging the use of enzymes in the food and beverage industries. Enzymes have applications in fermentation, baking, juice clarification, and enzymatic extension for extending the shelf life of food. They enhance the texture, flavor, and nutritional value of food while contributing to efficient production methods.

Rising Demand from Pharmaceuticals and Diagnostics:

  • The growing prevalence of chronic diseases like cancer and the requirement for screened-in-vitro diagnostics tools ensure rising demand for specialty enzymes in drug development, manufacturing, and targeted drug delivery. Specialty enzymes find application in almost every pharmaceutical pipeline stage, from drug discovery to the eventual targeted therapies. Likewise, in the case of diagnostics, enzymes have a key role in developing precise, sensitive immunoassays for disease and allergy detection.

Restrains:

High Cost:

  • The expensive research, development, and production costs for specialty enzymes are among the significant constraints to the sector's growth. Most of the time, these may require complicated fermentation processes, which require certain growth conditions by microorganisms, affecting a setup to be quite expensive. Besides, downstream processing and purification steps, in some cases, may add to the cost. Acceptance will prove to be one of the factors, especially for small and medium enterprises that are unable or unwilling to invest in biocatalysts that cost that much.

Opportunities:

Personalized Medicine:

  • With the advent of personalized medicine, there comes a demand for particular enzymes to be used in tailoring patient treatments. The enzymes can be manipulated to alter drugs so that they will target specific mutations or be delivered directly to the diseased cells. This holds immense potential for revolutionizing disease therapy and saving many lives. For example, various researchers investigate enzyme applications in developing chimeric antigen receptor T cell therapies, a promising avenue for cancer treatment. This could be done so that enzymes engineer T-cells to recognize and attack specific cancer cells.

Specialty Enzymes Market Segmentation

The market is segmented based on Product Type, Source, Application, and Region.

Product Type Insights:

  • Carbohydrases: These enzymes break down starches, sugars, and cellulose. Most of the applications for these enzymes are in the food and beverage industries in the operations of juice clarification, baking, and beer production. Carbohydrases are also crucial in the biofuel sector, where they are used for starchy material hydrolysis for ethanol production. They are also involved in cotton bio-finishing in the textile industry for softness and dyeability qualities.
  • Proteases: Proteases catalyze proteolysis, which breaks down proteins into smaller polypeptides or single amino acids, thus forming new protein products. Essentially, they cut the peptide bond of proteins by hydrolysis or breaking bonds using water. Proteases take part in various biological pathways, including digestion of ingested proteins, protein catabolism, breaking down old/undesirable proteins, and cellular signaling.
  • Lipases: Lipase is an enzyme the body uses to break down fats in food so they can be absorbed in the intestines. Lipase is produced in the pancreas, mouth, and stomach. Most people make enough pancreatic lipase, but people with cystic fibrosis, Crohn's disease, and celiac disease may not have enough lipase to get the nutrition they need from food.
  • Polymerases & Nucleases: Polymerases and nucleases are the corresponding enzymes that degrade proteins and ribonucleic acids. Blood lacks both these enzymes; a protease inhibitor is present in blood serum to protect blood proteins from protease action.
  • Others: Other enzymes in this group are specialty enzymes, including specific lactases, which generally represent solutions for lactose intolerance; pectinases, used in fruit juice clarification; and phytases, which make nutrients more bioavailable in animal feed.

Source Insights:

  • Microorganisms: Microorganisms, mainly bacteria and fungi, are a source of microorganisms because they can efficiently and inexpensively produce enzymes. Genetically modified microorganisms could be used to produce enzymes with desired properties.
  • Plant-derived Enzymes: Interest in plant-derived enzymes has been increasing due to their GRAS status and potential for organic applications. However, the costs of production and low yields can limit this.
  • Animal-derived Enzymes: In the early years, some specialty enzymes were sourced from animals; for instance, rennet was obtained from the calf stomach lining to make cheese. But now, their usage is decreasing due to growing ethical issues and the ease of having microbial versions.

Application Insights:

  • Pharmaceuticals: Specialty enzymes are involved at specific stages of this process. They find use in drug discovery, drug manufacture, and targeted delivery in pharmaceutical processes. So, specialty enzymes can be used to modify a drug's structure to increase its performance or ease the delivery of such molecules to definite body systems. For example, hydrolysis of big, complicated molecules to smaller, readily absorbable ones is done. In another way, the drugs are modified by attaching targeting moieties through enzymatic methods, which can help deliver the cellular or tissue-targeted drug.
  • Research & Biotechnology: Research and development mostly depend upon specialty enzymes for different types of work, such as gene manipulation, protein purification, and cell culture. Examples include restriction enzymes for cutting DNA, ligases for joining DNA fragments, and enzymes used for chromatography techniques.
  • Diagnostics: Specialty enzymes are prominent in diagnostic assays for detecting diseases and allergies. They help detect specific molecules in patient samples, such as antigens from pathogens or biomarkers linked to a disease. Very often, the means for carrying out diagnostic tests is an immunoassay based on enzymes, which produce a signal indicating the presence or absence of a target molecule. In some instances, enzymes facilitate the amplification of a signal, and a target molecule can be effectively detected even if it is present at low abundance.
  • Food & Beverages: Specialized enzymes find extensive use in the food and beverage industry, such as during different stages of fermentation, baking, juice clarification, and texture enhancement, among other categories, where the enhancement of texture and shelf life can be achieved through means such as the following approaches: in bread making, to provide strength and volume in the dough; to remove haze and improve the stability of juice; and in the improvement of both texture and life on texture.
  • Others: These enzymes have applications in quite a diverse range apart from the mentioned categories. The enzymes are also used in the textile processing industry for denim bio-polishing to enhance dye uptake and reduce wear and tear of the fabric. In biofuel production, enzymes catalyze biomass breakdown into fermentable sugars, speeding up the process and making it more efficient and sustainable. Enzymes are also used to develop depilatory creams in the personal care product industry to remove hair, exfoliating products to remove dead skin cells, and teeth whiteners.

Regional Insights

  • North America: North America is one of the leading players in the specialty enzymes market worldwide, owing to the presence of a well-organized ecosystem for innovation and market development. The most important factors in the region are the well-developed R&D infrastructure and mature pharmaceutical and biotechnology industries, besides high levels of disposable income. Leading companies invest heavily in developing novel enzymes with better functionality and broader applications, continuously pushing the boundaries of enzyme technology.
  • Asia Pacific: The highest growth in the global specialty enzyme market is witnessed in Asia. Several reasons trigger this growth. The pharmaceutical and biotechnology industries in this region are the fastest growing. Second, there is a growth in healthcare spending within the Asia Pacific. Lastly, there is an enhanced demand for processed foods in the region. Other than the above factors, governments of various countries in the region have been enacting policies and initiating funding programs to support and increase R&D activities in biotechnology; this indirectly impacts the specialty enzymes market.
  • Europe: The specialty enzymes market is well-matured and developed in Europe, with strong innovation and regulatory emphasis. Europe's leading companies had always excelled in making high-quality, specialty enzymes for all applications. In addition, the sustainable approach of European industries to using green enzymes to produce biofuels and bioremediation will further add to the growth of this market. The specialty enzymes market for pharmaceuticals and enzyme diagnostics market segments is mature and, in many instances, even approaching saturation from established applications. Growth will only be significant from new food applications and the environmental sector.
  • Latin America: The Latin American specialty enzymes market is emerging and promises high growth. The company has witnessed reasonable growth from different sources for some time now. The moment the economies in the region start on a growing path, disposable income also goes up. This will increase the processed food industry and many others, like pharmaceuticals, which heavily require specialty enzymes. On the other hand, there is excellent awareness about health in Latin America, which consequently gives way to increasing demand for various diagnostic tests and treatments, including specialty enzymes.
  • Middle East and Africa: MEA is yet another developing market for specialty enzymes, with the expansion being quite stifled due to certain constraints. On the other hand, the capability to produce specialty enzymes is low in the MEA market. The region would heavily depend on imports from the rest of the world. Further, the regulatory frameworks for specialty enzymes may vary substantially between countries in the MEA region.

Specialty Enzymes Market Report Scope:

Attribute

Details

Market Size 2024

USD 5.9 Billion 

Projected Market Size 2034

USD 10.6 Billion

CAGR Growth Rate

6.6%

Base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Product Type - Carbohydrases, Proteases, Lipases, Polymerases & Nucleases, Others.

By Source - Microorganisms, Plant-derived Enzymes, and Animal-derived Enzymes.

By Application - Pharmaceuticals, Research & Biotechnology, Diagnostics, Food & Beverages, Others.

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study segmented the target market report based on Product Type, Source, Application, and Region.

Segmentation:

By Product Type:

  • Carbohydrases
  • Proteases
  • Lipases
  • Polymerases & Nucleases
  • Others

By Source:

  • Microorganisms
  • Plant-derived Enzymes
  • Animal-derived Enzymes

By Application:

  • Pharmaceuticals
  • Research & Biotechnology
  • Diagnostics
  • Food & Beverages
  • Others

By Region:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa

Specialty Enzymes Market Key Players

The key players operating the Specialty Enzymes Market include Advanced Enzyme Technology Ltd., Affymetrix Inc., Advanced Enzyme Technology Ltd., Amano Enzyme Inc., Bbi Enzymes Ltd., BASF SE, Codexis Inc., Nagase & Co. Ltd., Life Technologies, Roche Holding Ag., Sanofi S.A., Amano Enzyme, Dyadic International, Enzyme Supplies Limited, Amicogen, Sekisui Diagnostics, LLC.

Specialty Enzymes Market Key Players

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

Specialty Enzymes Market Key Issues Addressed

  • In January 2024, BIO-CAT, Inc., a probiotic company, partnered with worldwide distributor Caldic North America to deliver its probiotic strains and OPTIFEED® ingredient brand to North America's companion animal nutrition industry. BIO-CAT, established in 1988, manufactures specialist enzymes, probiotics, and microbials for human and animal nutrition and sustainable agriculture research. The company's product line focuses on natural and non-genetically altered options for personalized nutritional solutions. For animal nutrition, BIO-CAT Microbials, the company's vertically integrated FDA-registered and SQF-certified human-grade fermentation facility in Shakopee, Minn., provides single- to multi-enzyme blends and microbials to support digestive health.
  • In April 2023, PEPZYME PRO was launched by Specialty Enzymes & Probiotics. Pepzyme Pro, a new synbiotic and enzyme product, addresses the adverse effects of undigested protein on the gut and digestive health. A groundbreaking new study shows that when probiotics and enzymes are consumed with a high protein intake, they help the body's natural production of postbiotics, which regulate everything from skin health to stress, anxiety, and depression; physical endurance to healthy aging and inflammation; and cardiac health. Specialty Enzymes & Probiotics is delighted to launch patent-pending Pepzyme Pro, a dietary component containing powerful protease enzymes and a synbiotic (5 probiotic strains and a prebiotic), ideal for vegans and vegetarians.

Specialty Enzymes Market Company Profile

  • Advanced Enzyme Technology Ltd.*
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Affymetrix Inc.
  • Advanced Enzyme Technology Ltd.
  • Amano Enzyme Inc.
  • Bbi Enzymes Ltd.
  • BASF SE
  • Codexis Inc.
  • Nagase & Co. Ltd.
  • Life Technologies
  • Roche Holding Ag.
  • Sanofi S.A.
  • Amano Enzyme
  • Dyadic International
  • Enzyme Supplies Limited
  • Amicogen
  • Sekisui Diagnostics, LLC

“*” marked represents similar segmentation in other categories in the respective section.

Specialty Enzymes Market Table of Contents

Research Objective and Assumption

  • Research Objectives
  • Assumptions
  • Abbreviations

Market Preview

  • Report Description
    • Market Definition and Scope
  • Executive Summary
    • Market Snippet, By Product Type
    • Market Snippet, By Source
    • Market Snippet, By Application
    • Market Snippet, By Region
  • Opportunity Map Analysis

Market Dynamics, Regulations, and Trends Analysis

  • Market Dynamics
    • Drivers
    • Restraints
    • Market Opportunities
  • Market Trends
  • Product Launch
  • Merger and Acquisitions
  • Impact Analysis
  • PEST Analysis
  • Porter’s Analysis

Market Segmentation, Product Type, Forecast Period up to 10 Years, (USD Bn)

  • Overview
    • Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Carbohydrases
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Proteases
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Lipases
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Polymerases & Nucleases
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Others
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Market Segmentation, Source, Forecast Period up to 10 Years, (USD Bn)

  • Overview
    • Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Microorganisms
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Plant-derived Enzymes
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Animal-derived Enzymes
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Market Segmentation, Application, Forecast Period up to 10 Years, (USD Bn)

  • Overview
    • Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Pharmaceuticals
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Research & Biotechnology
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Diagnostics
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Food & Beverages
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Others
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Market Segmentation, By Region, Forecast Period up to 10 Years, (USD Bn)

  • Overview
    • Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Regional Trends
  • North America
    • Market Size and Forecast (USD Bn), By Product Type, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Source, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
      • U.S
      • Canada
  • Asia Pacific
    • Market Size and Forecast (USD Bn), By Product Type, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Source, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
      • India
      • Japan
      • South Korea
      • China
      • Rest of Asia Pacific
  • Europe
    • Market Size and Forecast (USD Bn), By Product Type, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Source, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
      • UK
      • Germany
      • France
      • Russia
      • Italy
      • Rest of Europe
  • Latin America
    • Market Size and Forecast (USD Bn), By Product Type, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Source, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
      • Brazil
      • Mexico
      • Rest of Latin America
  • Middle East and Africa
    • Market Size and Forecast (USD Bn), By Product Type, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Source, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
      • GCC
      • Israel
      • South Africa
      • Rest of Middle East and Africa

Competitive Landscape

  • Heat Map Analysis
  • Company Profiles
  • Advanced Enzyme Technology Ltd.
  • Affymetrix Inc.
  • Advanced Enzyme Technology Ltd.
  • Amano Enzyme Inc.
  • Bbi Enzymes Ltd.
  • BASF SE
  • Codexis Inc.
  • Nagase & Co. Ltd.
  • Life Technologies
  • Roche Holding Ag.
  • Sanofi S.A.
  • Amano Enzyme
  • Dyadic International
  • Enzyme Supplies Limited
  • Amicogen
  • Sekisui Diagnostics, LLC

The Last Word

  • Future Impact
  • About Us
  • Contact

FAQs

Specialty Enzymes Market Size was valued at USD 5.9 Billion in 2024 and is expected to reach USD 10.6 Billion by 2034 growing at a CAGR of 6.6%.

The Specialty Enzymes Market is segmented into Product Type, Source, Application, and Region.

Factors driving the market include the growing demand for processed foods and the rising demand for pharmaceuticals and diagnostics.

The Specialty Enzymes Market's restraints include the expensive research, development, and production costs for specialty enzymes, which are among the major constraints to the sector's growth.

The specialty enzyme market is segmented by region into North America, Asia Pacific, Europe, Latin America, the Middle East, and Africa. North America is expected to dominate the Market.

The key players operating the Specialty Enzymes Market include Advanced Enzyme Technology Ltd., Affymetrix Inc., Advanced Enzyme Technology Ltd., Amano Enzyme Inc., Bbi Enzymes Ltd., BASF SE, Codexis Inc., Nagase & Co. Ltd., Life Technologies, Roche Holding Ag., Sanofi S.A., Amano Enzyme, Dyadic International, Enzyme Supplies Limited, Amicogen, Sekisui Diagnostics, LLC..