According to Future Market Insights research, during the projected period, the Invertase market is expected to grow at a CAGR of 5.30%. The market value is projected to increase from US$ 60.2 million in 2023 to US$ 101.0 million by 2033. The Invertase market was valued at US$ 57.6 million at the end of 2021 and is anticipated to exhibit a CAGR growth of 4.60% from 2016 to 2021.
The invertase market is witnessing steady growth due to its versatile applications in the food and beverage industry. As a crucial enzyme, invertase plays a pivotal role in converting sucrose into glucose and fructose, enhancing the flavor and texture of various products like confectioneries, syrups, and baked goods. The rising consumer demand for innovative and indulgent treats fuels the demand for invertase.
Enzymes are complex molecules that act as bio-catalyst to enhance the metabolic reactions in living cells. Invertase, which is also known as beta-fructofuranosidase is a carbohydrate enzyme that helps in digestion. Invertase is obtained from a strain of Saccharomyces cerevisiae, also known as baker’s yeast. Invertase helps to split sucrose into two components, fructose, and glucose. It can be used in combination with other enzymes or individually after its purification process.
When in combination, it helps to improve the digestion of sugar, starch and other form of carbohydrates. It is abundantly available either from microorganisms or plant sources. Invertase offers widespread application. It not only helps to boost the immune function and act as an antioxidant in humans but also helps to regulate the osmosis and defense mechanism in plants. Moreover, being naturally obtained, it is the preferred choice among food manufacturers to serve natural ingredients in food preparation.
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Global Invertase Market: Drivers and Restraints
Breakthrough progress has been made in enhancing the functional analysis of the various enzymes and their characteristics. Thus supporting the growth of the invertase market. Invertase is widely used as a food additive and is frequently used as invert sugar in the processing of candies and commercial baking due to its ability to hold moisture for a prolonged period of time. Being hygroscopic in nature it is further used in the production of crystallizable syrup known as inverted syrup. Furthermore, invertase helps in the production of alcohols, glycerol, and lactic acid as it aids in the fermentation process of sucrose.
Hence, with rising demand for innovative products among consumers, particularly related to the food & beverages industry, the market for invertase enzymes seems to record opportunistic growth. Apart from this application, invertase is also used to improve digestion, rejuvenate the immune system, provide antioxidant support, and help to combat cancer. Moreover, invertase has the ability to remain active within a wide range of pH. Thereby, increasing its applicability in the pharmaceutical industries. Hence, widespread applications contribute to the significant growth of the invertase market.
However, invertase enzymes may cause certain side effects such as nausea, diarrhea, and headache. Moreover, it may lead to diabetes, therefore, products involving the usage of invertase enzyme, are not recommended for diabetic patients. Hence, may hamper the growth of invertase market for regions having higher diabetic population. Moreover, the coupling of enzymes is subjected to relatively high cost. Hence, this may affects its applicability across various sectors, thereby, retraining the growth of invertase market.
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Global Invertase Market: Region-wise Outlook
The global invertase market is categorized into seven regions, namely, Western Europe, Eastern Europe Middle East and Africa (MEA), Asia Pacific excluding Japan (APEJ), Japan Latin America and North America. With increasing demand for versatility in food & beverages products among consumers, manufacturers are continuously investing upon the ingredients that enhance the product efficacy and quality. Asia Pacific region represents a promising market for invertase market as, this region provides opportunistic platform for research and development. North America accounts for major market share as consumers are favouring products that are naturally obtained and invertase being abundantly available in nature form, hence, manufacturers are utilizing its properties for various food products innovations.
Global Invertase Market: Key Players
Some of the key players identified in the global invertase market includes:
- Sigma-Aldrich Co. LLC.
- Koninklijke DSM N.V.
- Parchem fine & specialty chemicals
- SternEnzym GmbH & Co. KG
- Kerry Inc.
- Meteoric Exim Private Limited
- MP Biomedicals, LLC.
- BIO-CAT
- Megazyme Inc.
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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 Invertase Market: Segmentation
On the basis of industry, the invertase market is segmented into:-
- Food & Beverages
- Pharmaceuticals
- Personal Care
- Others
On the basis of source, the invertase market is segmented into:-
- Plant
- Microorganisms
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