According to reports
and data the Microbial
Lipase Market, was valued at USD 424.1 Million in
2019; this is projected to reach 611.2 Million by 2026, at a CAGR of 7.0%
during the forecast period. Microbial lipases are industrially relevant
biocatalyst, particularly microbial lipases. Therefore, screening, production,
and purification of lipase enzymes from microbial strains are continuously
emerging to fulfill the needs of the pharmaceutical and food industries.
This document gives the latest information on the ongoing
COVID-19 pandemic and its aftermath. The coronavirus pandemic has massively
affected every aspect of the global industry and has resulted in various
changes in the market scenario. The ever-evolving business landscape and the
initial and future assessment of the impact are also examined in the report.
The report discusses the significant aspects of the market and includes expert
opinions on the current status, along with historical data.
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Novozymes (Denmark),
DSM (Netherlands), Chr. Hansen (Denmark), Amano Enzymes (Japan), Associated
British Foods (UK), DowDuPont (US), Advanced Enzymes (India), Enzyme
Development Corporation (US), Aumgene Biosciences (India), Biocatalysts (UK),
Meito Sangyo Co., Ltd (Japan), and Creative Enzymes (US) are players of
microbial lipases market.
Further key findings
from the Microbial Lipases market report suggest
- The snowballing demand for the
fungal microbial lipases in developed and emerging nations especially in
China and India. The usage of microbial lipase in various end-user
industries such as food additive, personal care products, wastewater
treatment.
- The APAC region has emerged as the
most promising region of the microbial lipase market. The APAC region has
India and China, which holds vast consumer base and the rising demand for
the cleaning chemicals market and, the expanding food and beverage
industry, is, in turn, contributing to the microbial lipase market. Since
microbial lipase is heavily utilized in the production of vegetable oils,
food and beverage industry, these segments will result in generating
maximum revenue. Moreover, India’s increasing consumption of edible fat is
also expected to boost market demand.
- The high demand for vegetable oils
and the simultaneous production of the identical in Asian countries has
been crucial in guaranteeing the expansion of the microbial lipase market
in this region. Advanced enzymes (India) acquired 100% stake in Evoxx
technologies in the year 2017, advanced Enzymes Europe B.V. has entered
into a binding agreement with Germany based Evoxx Technologies GmbH, to
acquire a 100% stake for a consideration of Euros 7.65 million. Evoxx
Technologies GmbH is an industrial biotech firm primarily focused on the
development & production of industrial enzymes, as well as a few
specialized carbohydrates for nutritional applications. This acquisition
will help to significantly expand R&D capabilities and also strengthen
the presence in the European market.
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Segments covered in the
report:
This report forecasts
revenue growth at a global, regional & country level, and provides an
analysis of the market trends in each of the sub-segments from 2016 to 2026.
For the purpose of this study, Reports and Data have segmented microbial
lipases market on the basis of application, form, source and region:
On the basis of
Form: (Volume Metric Tons, Revenue, USD Million; 2019-2026)
- Powder
- Liquid
On the basis of
Source: (Volume Metric Tons, Revenue, USD Million; 2019-2026)
- Fungi
- Bacteria
On the basis of
Application: (Volume Metric Tons, Revenue, USD Million; 2019-2026)
- Cleaning agents
- Animal feed
- Dairy products
- Bakery products
- Confectionery products
- Others (bio-fuels and pulp &
paper)
Regional Outlook
(Volume Metric Tons, Revenue, USD Million; 2019-2026)
- North America
- U.S
- Canada
- Europe
- Germany
- France
- UK
- Spain
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- Middle East & Africa
- Latin America
- Brazil
- Rest of Latin America
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Radical
Features of the Microbial Lipase Market Report:
·
Valuable insights into the Microbial
Lipase market to impart an in-depth understanding of the business verticle
·
An 8-year forecast estimation along with
an analysis of key elements of the market
·
Technological advancements, regulatory
framework, and recent developments covered in the report
·
Growth analysis and projections until
2026
·
Statistical analysis of the key players
operating in the Microbial Lipase industry
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