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Proteases Market

Market Insights on Proteases covering sales outlook, demand forecast & up-to-date key trends

Proteases Market by form, source, application & Region - Forecast 2022-2032.

Proteases Market Outlook

According to the research of Future Market Insights, the market for Proteases is anticipated to expand at a CAGR of 4.3% over the forecasted time period. According to projections, the industry would be worth US$ 3471.2 Mn by 2032, up from US$ 2278.5 Mn in 2022. At the end of 2021, the Proteases Market was valued at US$ 2167.8 Mn.

Market Size Value in 2022

US$ 2,278.5 Mn

Market Forecast Value in 2032

US$ 3,471.2 Mn

Global Growth Rate (2022-2032)

4.3%

Forecast Period

2022-2032

Global Market Share of Germany in 2022

28.0%

Proteases are enzymes that break down proteins into smaller units, making them more easily absorbed by the body. They are found in many foods, including meat, fish, poultry, legumes, eggs, and dairy products.

The consumption of essential nutrients like proteases, which are crucial for human metabolism and digestion, has increased as a result of growing public awareness of health and food safety issues. Protease is now being used more frequently in food and beverage products.

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Historical Outlook versus Future Projections for Proteases Market

During the forecasted period, the global Proteases Market is expected to witness a significant demand due to rise in applications in the pharmaceutical industry for its medicinal benefits such as antimicrobial, anti-inflammation, and anticancer. Moreover, proteases are used in the production of several drugs for treatment of cardiovascular diseases, chronic pains, and digestive disorders.

Furthermore, laundry detergent industry demands Proteases in the production of soaps and detergents because of its stain removal properties. Thus, the increase in the use of Proteases contributes to the growth of the global Proteases Market.

Country-wise Insights

How are Millennials Fuelling the U.S. Need for Innovation in Supplements?

Millennials are the most innovative consumers. Millennials are transforming how people eat, not just in the US, but around the world. They prefer eating food that is natural, organic, and sustainably produced, and because they want to be healthy, they are relying more on protein. Additionally, millennials in the US are investing unprecedented amounts of money and time in the self-care industry.

As a result, the Proteases Market is expected to expand rapidly.

What are the factors that drive the Proteases Market in China?

The Proteases Market in China was valued at US$ 134.3 Mn in the year 2021. During the forecasted period, it is anticipated that Proteases Market in China will grow at a CAGR of 5.7%.

Energy is needed for endurance athletes, and they receive it from food. Contrarily, in order for nutrients to be absorbed from food, digestion is necessary. As a result, producers are offering a variety of protease-derived supplements due to increasing use of Protease in sports nutrition and supplements.

Will the bakery sector be a key sector driving the growth of the protease market in Germany?

The rising popularity of low-carb diets is one of the major factors influencing consumer consumption of baked products across the nation. The need for different food enzymes such proteases, amylases, lipases, and other enzymes will increase along with the demand for baked goods.

Various baked meals, such as bread, tortillas, cakes, and other sweet bakery goods, can be made with the help of food enzymes. Two key factors boosting the need for Protease in Germany are the availability of a wide range of food enzymes, particularly for bakery items, and the increased sales of baked goods.

Germany accounts for 28% of the global market share of Proteases Market with a value of US$ 638.0 Mn in 2022.

Why is the Proteases Market growing in UK?

In accordance with FMI’s analysis, UK is forecasted to grow at a CAGR of 3.8%.

An important part of the UK food business is the bakery sector. Proteases act as catalysts for biochemical events, enhancing the quality of baked goods. As baking has historically been an important industry in the UK and will remain so during the projection period, the protease market is expected to grow during that period.

Nandini Roy Choudhury
Nandini Roy Choudhury
Principal Consultant
LinkedIn
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Category-wise Insights

Why is liquid form Protease in high demand?

Liquid protease catalyses proteins by hydrolysing peptide linkages. Physiological processes that liquid proteases support includes cell differentiation, blood coagulation, fertilization, digestion, and protein turnover. It supports apoptosis, immune response, growth and cell signalling.

What is the primary use of protease?

Bakery and confectionery are anticipated to have a leading position in 2022 in terms of end-use application. The commercial manufacture of bread, baked goods, crackers, and waffles will use a majority of proteases, which will lead to the segment's expansion. The manufacturing of cookies, pastries, and biscuits all includes the use of proteases.

Protease can be used to manage bread's gluten strength, control texture, assure uniformity, expedite mixing, reduce dough consistency, and improve flavour.

Competitive Landscape

The study is a compilation of data collected directly from industry participants and specialists along the value chain, as well as qualitative and quantitative evaluations by industry analysts. The research offers in-depth analysis of market trends in the parent market, macroeconomic data, controlling variables, and market attractiveness by segment. The qualitative effects of key market parameters on market segments and geographical areas are also mapped in the research.

The FMI team has also kept track of recent developments in businesses that produce Proteases Market, and these developments are included in the full market research report.

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Proteases Market Report Scope

Attribute

Details

Forecast Period

2022-2032

Historical Data Available for

2017-2022

Market Analysis

USD Mn for Value and Units for Volume

Key Regions Covered

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Oceania
  • MEA

Key Countries Covered

  • US
  • Canada
  • Mexico
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Brazil
  • Argentina
  • South Africa
  • UAE

Key Segments Covered

  • Form
  • Source
  • Application
  • Region

Key Companies Profiled

  • Rossari Biotech Limited
  • Novozymes
  • Kemin Industries, Inc.
  • Nagase and Co. Ltd.
  • Jiangsu Boli Bioproducts Co. Ltd
  • Creative Enzymes
  • Lallemand Inc.
  • Advanced Enzymen Technologies Limited
  • BASF
  • AB Enzymes GmbH
  • Royal DSM

Report Coverage

Market Forecast, Company Share Analysis, Competitive Landscape, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives

Customization & Pricing

Available upon Request

Proteases Market by category

By Form, Proteases Market is segmented as:

  • Liquid
  • Powder and Granule

By Source, Proteases Market is segmented as:

  • Animal
  • Plant
  • Microbial

By Application, Proteases Market is segmented as:

  • Dairy products
  • Brewing
  • Meat Products and Processing
  • Animal nutrition
  • Beverages
  • Pharmaceutical Products
  • Soap and Detergents
  • Others

By Region, Proteases Market is segmented as:

  • North America
  • Latin America
  • East Asia
  • South Asia
  • Europe
  • Oceania
  • MEA

Frequently Asked Questions

The Proteases Market will reach nearly US$ 2,278.5 Mn by 2022.

The Proteases Market is expected to rise at a CAGR of 4.3%.

US, Germany, Japan, Australia, China, India, and UK are the major countries driving the demand for Proteases Market.

The China Proteases Market will grow at 5.7% CAGR between 2022 and 2032.

The India Proteases Market will grow at 5.9% CAGR between 2022 and 2032.

The UK Proteases Market will grow at 3.8% CAGR between 2022 and 2032.

Rossari Biotech Ltd, Novozymes, Kemin Industries Inc, Jiangsu Boli Bioproducts Co. Ltd, and Nagase and Co. Ltd are the companies dominating the Proteases Market.

The global demand for Proteases Market is forecasted to surpass US$ 3,471.2 Mn by the year 2032.

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Nandini Roy Choudhury
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