The catalase market is anticipated to be worth US$ 387.4 million in 2022 and grow to US$ 516.6 million by 2032. Over the projection period of 2022–2032, the market is anticipated to grow at a CAGR of 2.9%.
Catalase helps in decomposition of hydrogen peroxide into molecular oxygen and water. It is abundantly present in living cells and defence the cells against the toxic effects of hydrogen peroxide, by preventing its accumulation and protecting the organelles from tissue damage. Thus, making it an appropriate ingredient for widespread industrial applications.
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The food grade catalase is obtained through the fermentation of Aspergillus niger. In combination with other enzymes it is used as food preservative. Moreover, catalase possess highest turnover rate among all the enzymes as it has ability to decompose 40 million hydrogen peroxide molecule in one second.
Global Catalase Market: Drivers and Restraints
With increase in demand for versatility in food, there have been continuous product innovations in food & beverage industry. As enzymes plays a significant role by enhancing the product quality and shelf life, catalase market is expected to fuel during the forecast period. Catalase offers a widespread industrial applications. In food industry, catalase aids in the preservation of various food and helps in manufacturing of certain beverages.
Moreover, catalase helps in manufacturing of cheese by removing hydrogen peroxide form milk and due to its oxidising property, it is used in food wrappers. Another significant commercial application of catalase is in waste water management, as it helps to breakdown hydrogen peroxide into water and oxygen. Thus broad array of applicability, helps to boost the catalase market.
Recently, catalase is been used in aesthetic treatment as it increases cellular oxidization of skin. Increasing inclination towards personal care among consumers, is expected to propel growth of catalase market.
With its powerful antioxidant properties it is widely used in the dietary supplements as antioxidant. Moreover, other unique properties such resistance against extreme pH and thermal denaturation, makes it suitable for textile applications. Hence, fuelling the overall growth of catalase market.
However, catalase is temperature sensitive, if the temperature increases beyond the optimum limit, the enzyme gets denatured and its structure is disrupted. Thus need to be stored carefully, to maintain optimum enzyme activity. This factor may restrain the growth of catalase market. Moreover, the coupling of enzymes is subjected to relatively high cost. Thereby, influencing the industrial application of catalase among manufacturers.
Global Catalase Market: Region wise Outlook
The global catalase market is categorised into seven regions, namely, Western Europe, Eastern Europe Middle East and Africa (MEA), Asia Pacific excluding Japan (APEJ), , Japan Latin America and, North America. North America accounts for largest share of catalase market.
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With increasing inclination of consumers towards adoption of natural products and rising aesthetics concern is expected to fuel the catalase market growth especially in North America. Asia pacific is expected to record significant growth during the forecast period, as Asia Pacific region represents opportunistic platform for various manufacturers to invest in research and development of their products.
Global Catalase Market: Key Players
Some of the prominent players identified in the global catalase market includes:
- Sigma-Aldrich Co. LLC.
- MP Biomedicals, LLC.
- Megazyme Inc.
- BIO-CAT
- Kolor Jet Chemical Pvt. Ltd.
- Biocatalysts Limited
- Sekisui Diagnostics, LLC
- Lumis Biotech Pvt Ltd.
- Novozymes.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology, material and applications.
The report covers exhaustive analysis on
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
Regional analysis includes
- North America (U.S., Canada)
- Latin America (Mexico, Brazil, Argentina)
- Western Europe (Germany, Italy, U.K, Spain, France, Nordic, Rest of Western Europe)
- Eastern Europe (Russia, Poland)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- Middle East and Africa (GCC, S. Africa, N. Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Global Catalase Market: Segmentation
On the basis of source, catalase market is segmented into:-
- Bovine Livers
- Microorganisms
On the basis of end-use, catalase market is segmented into:-
- Food & Beverage
- Textile Industry
- Pharmaceuticals
- Personal Care
- Others
On the basis of product type, catalase market is segmented into:-
- Liquid
- Powder
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