The global lipase market is expected to witness a robust growth attributed to growing production of food and dairy products. Growing prevalence of obesity and celiac diseases has led to an upsurge in demand for lipase in the global market. Increasing prevalence of health related disorders such as obesity and celiac disorder has led to an upsurge in demand for lipase globally. Besides the healthcare industry, lipase continues to witness significant demand in the food and dairy industry attributed to increasing demand for flavor enhancer. Emerging biosensors technology is further expected to underscore lucrative growth opportunities in the global lipase market during the forecast period.
Growing prevalence of celiac disease and obesity has led to an upsurge in demand for lipase globally. In addition, surge in demand for production of detergents will continue to impact the global market growth of lipase. Future Market Insights states that the global market of lipase is projected to reflect a CAGR of 7.8% over the forecast period, 2017-2026.
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Global Lipase Market: Segmentation
In the next section, the global lipase market has been segmented into source type, application, forms and region. On the basis of source type, the global market is segmented as microbial source, animal source and plant source. Based on application, the global market is segmented as animal feed, chemicals, food segment, dairy and others. By forms, the global market is segmented as powder, liquid and gel segment.
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Global Lipase Market: Competition
Key players in the global lipase market are Hansen Holdings A/S, Novozymes A/S, Koninklijke DSM N.V., E. I. Du Pont De Nemours and Company, Amano Enzymes Inc., Associated British Foods PLC, Renco New Zealand, Advanced Enzymes, Enzyme Development Corporation and Clerici-Sacco Group.
Key Questions Answered by the Report
- What is the size of the lipase market? The lipase market is expected to grow at a promising 7.8% CAGR between 2017 and 2026. The market crossed a US$ 1 billion valuation by 2026.
- Which is the largest market for lipase? Europe is a critical market for lipase. Growing demand for processed foods such as bread and other baked goods, and growing health consciousness in the region support regional lipase demand.
- Which are the top companies in lipase market? Enzyme Development Corp., Novozymes A/S, Renco New Zealand, Koninklijke DSM N.V., Clerici Sacco Group, and Chr. Hansen Holdings A/S are among the key market players in the global lipases market.
- What are the applications of lipase? Lipase is largely used in the food and beverage sector. The market is also gaining demand through applications in the production of cleaning products such as detergents.
- From what sources can lipase be extracted? Manufacturers produce lipases from 3 key sources – plant, animal, and microbial. The production of microbial lipase has grown on the back of innovations in enzyme technologies.
- What is the outlook on Europe lipase market? Europe is displaying strong growth on the back of bakery and dairy industry applications, particularly in cheese processing applications, with new tech to produce genetically modified strains.
- What is the market positioning and strategies of market players? The global lipase market is largely fragmented with a number of regional and global players. Owing to wide scope of applications market players are pushing for efforts towards innovation and production expansion. This includes acquisitions of small-scale players in foreign nations.
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Table Of Content:
1. Global Lipase Market – Executive Summary
2. Global Lipase Market Overview
3. Global Lipase Market Analysis and Forecast 2012-2026
4. North America Lipase Market Size and Forecast, 2012-2026
5. Latin America Lipase Market Size and Forecast, 2012-2026
6. Europe Lipase Market Size and Forecast, 2012-2026
7. Japan Lipase Market Size and Forecast, 2012-2026
8. APEJ Lipase Market Size and Forecast, 2012-2026
9. MEA Lipase Market Size and Forecast, 2012-2026
10. Global Lipase Market Company Share, Competition Landscape and Company Profiles
and many more…