Catalase Market

Catalase Market Snapshot (2022 to 2032)

The global catalase market is expected to be valued at USD 387.4 Million in 2022, and is projected to reach USD 516.6 Million by 2032. A CAGR worth 2.9% is expected for the market during the 2022 to 2032 forecast period.

Catalase is a fairly prevalent enzyme found in practically all living creatures. When exposed to oxygen, catalase speeds the breakdown of hydrogen peroxide into water and oxygen. It is crucial in shielding cells from oxidative damage caused by reactive oxygen species.

Catalase has the highest activity and efficacy of any enzyme, since one catalase molecule may convert millions of hydrogen peroxide molecules into water and oxygen each second.

Data Points	Key Statistics
Expected Market Value (2022)	USD 387.4 Million
Anticipated Forecast Value (2032)	USD 516.6 Million
Projected Growth Rate (2022 to 2032)	2.9% CAGR

Catalase has four iron-containing heme groups that enable it to react with hydrogen peroxide. Its pH value is determined by the species that produces the catalyst. It usually falls between 6.8 and 7.5, but can also fall between 4 and 11. The pH of catalase produced by humans is approximately 7.

Grey hair in individuals indicates a low amount of catalase. This enzyme is employed in a wide range of sectors, including medicines, chemical synthesis, textiles, personal care and cosmetics, and food and beverages.

Catalase is an important enzyme that protects the cell from oxidative damage caused by reactive oxygen species, or ROS. As a result, such an enzyme reduces oxidative stress and acts as an antioxidant. Such USPs are expected to propel the global catalase market during the forecast period, 2022 to 2032.

What Are The Major Factors Boosting The Catalase Market?

Catalase enzyme is essential for increasing product quality and shelf life. As a result, such enzymes are widely used in the food and beverage industries. The global food and beverage industry is thriving, and there is a growing desire for hygienic and high-quality food, which is boosting demand in the global catalase industry.

Catalase also plays an important part in the production of food wrappers and cheese. Such factors are predicted to increase demand for catalase in the food and beverage industry, which is expected to drive growth in the worldwide catalase market.

Catalase enzyme is also widely employed in the wastewater treatment process. In addition, as consumers' interest in personal care grows, so does the need for catalase in cosmetic treatments. All of these differentiators are projected to enhance the worldwide catalase market. A wide range of catalase applications in various sectors such as textile are also predicted to contribute to the growth of the global catalase market.

What Factors Are Hindering The Catalase Market Expansion?

Catalase is sensitive to temperature; if the temperature rises beyond a certain threshold, the enzyme denatures and its structure is broken. To maintain optimal enzyme function, they must be carefully preserved. This issue may hinder the growth of the catalase market. Furthermore, the coupling of enzymes is relatively expensive. As a result, the industrial application of catalase among manufacturers is a bit challenging.

Catalase is similar to bleach. It can harm cell membranes, create pain, cause gray hair, and promote peroxidation in the lipids, which leads to diabetes, unhealthy cholesterol ratios, and heart attacks. Such factors are expected to hinder the global growth of the catalase market during the forecast period.

Grey hair is a sign of low level of catalase in humans. This enzyme is used for a wide variety of applications in industries such as pharmaceuticals, textiles, personal care & cosmetics, chemical synthesis, and food & beverages. Catalase has been technically adopted to making quality of water potent and safe. This is due to deteriorating quality of water that is projected to create flourishing opportunities for catalase market during forecast period.

Which End Use Is Expected To Make Maximum Use Of Catalase?

Food & Beverage Applications to top the charts

During the projected period of 2022 to 2032, the foods and beverage segment is expected to gain a global market share of 31% during the forecast period. The food and beverage industry is likely to drive rapid growth in the global catalase market.

This is due to the catalase enzyme's capacity to operate as a food preservative, as well as its exceptional tolerance to high PH levels, which makes it suited for usage in the food and beverage industries. This compound is very useful in waste management and helps manufacturers save a lot of food waste and thus money. Such benefits are projected to drive the worldwide catalase market.

What Is The Outlook Of The North American Catalase Market?

In terms of market share and revenue, the North American market is expected to be the dominant market for catalase during the projection period of 2022 to 2032. The analysts at Future Market Insights predict that by 2022, the market of catalase in North America is expected to acquire a global market size of 29.4%.

With a growing consumer preference for natural products and increased skin adornment concerns, the catalase market is expected to expand fast, particularly in North America. Rapid urbanization and rising aesthetics concerns may also be driving expansion in the catalase industry in this region.

A significant increase in demand for packaged food and beverage goods in developed countries such as the United States and Europe, where catalase is utilized to extend shelf life, is projected to propel the worldwide catalase market forward.

Furthermore, an increase in consumer preference for personal care and cosmetics goods in which catalase is utilized to impart certain particular features to end products such as wrinkle removal and anti-aging propels growth in the worldwide catalase market.

How Is The European Market Driving Demand For Catalase?

By 2022, Europe will hold approximately 27.5% of the global market share. This region is expected to be one of the fastest growing markets for the catalase during the forecast period, 2022 to 2032.

Consumer preference for personal care and cosmetics is cited as a rising growth element, with catalase being employed in anti-wrinkle and anti-aging creams. The cosmetics and personal care sector in Europe is one of the largest in the world, with a retail sales price of €80 billion in 2021. This significantly boosts market growth in Europe.

According to Cosmetics Europe, the top national markets for cosmetics and personal care products in Europe are Germany (€13.6 billion), Italy (€10.6 billion), France (€12 billion), and Poland (€4 billion). As a result, catalase is increasingly being used in cosmetics formulations across Europe. Such factors are expected to boost the European market during the forecast period.

What Can Be Expected From The APAC Region During The Forecast Period?

The APAC market for catalase is expected to grow steadily during the forecast period. Many competitors in the APAC catalase market are concentrating their efforts on R&D in order to innovate their goods.

Manufacturers in nations such as India and China are focusing more on increasing their product portfolios through strategic product development methods. As a result, the Asia Pacific area represents an attractive platform for different industries to fund various research efforts.

Start-Up Scenario

• Horizon Ag-Products, LP is a biotechnology-based plant health product manufacturer for the agricultural industry. There are items available such as hydra-humus, calcium products, fertilizer additives, humic-acid, catalase compounds, and micronutrient products. The firm creates atmospheric biosensors that primarily use glucose oxidase to determine catalase activity.
• Tonbo Biosciences manufactures standard and bespoke reagents. It provides recombinant proteins, proteases, receptors, pH buffer solutions, and monoclonal antibodies. There are also ELISA and PCR reagent kits available. Services for antibody conjugation are available with them.

Market Competition

The key players of this market include 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 and Novozymes.

• BIO-CAT and BIO-CAT Microbials declared a USD 35 million investment in March 2022 to significantly expand their Troy facility to enhance the fermentation functionality. The company will begin construction on a 53,800-square-foot expansion phase, with possible future expansion up to 100,000 square feet. The expansion, which is expected to be completed in May 2023, will allow BIO-CAT Microbials to scale its high-tech microbial fermentation production by adding cutting-edge fermentation manufacturing plants, quality labs, and a research and development center. It will also include made - to - order fermentation equipment capable of producing both small and large batches. This increased capacity will allow BIO-CAT Microbials to increase its current fermentation output by more than 400%.
• Biocatalysts Ltd. announced its intention in October 2021 to build a new 10 m3 fermenter and downstream processing facilities for their cutting-edge enzyme manufacturing facility. This new facility is going to provide increased flexibility and upscaling of commercial production fermentation development. The plant commissioning, verification, and production of the first commercial product were completed during these unprecedented times, demonstrating Biocatalysts Ltd.'s commitment to providing large-scale fermentation services. The manufacturing facility has been designed to provide a unique, fully automated 'LEAN' manufacturing operation, ensuring greater yield recovery at every stage of the process. The extension can ferment E. coli, Pichia, and Yarrowia and then process them downstream.

Report Scope

Report Attribute	Details
Growth Rate	CAGR of 2.9% from 2022 to 2032
Market Value in 2022	USD 387.4 Million
Market Value in 2032	USD 516.6 Million
Base Year for Estimation	2021
Historical Data	2016 to 2020
Forecast Period	2022 to 2032
Quantitative Units	Revenue in USD Million and CAGR from 2022 to 2032
Report Coverage	Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis
Segments Covered	Product Type, Source, End Use, Region
Regions Covered	North America; Latin America; Europe; Asia Pacific; Middle East and Africa
Key Countries Profiled	USA, Canada, Brazil, Mexico, Germany, UK, France, Spain, Italy, Nordics, BENELUX, China, Japan, South Korea, GCC, South Africa, Turkey
Key Companies Profiled	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
Customization	Available Upon Request

Key Segments Profiled In The Catalase Industry Survey

Catalase Market by Source:

• Catalase sourced from Bovine Livers
• Catalase sourced from Microorganisms

Catalase Market by End Use:

• Catalase for Food & Beverage
• Catalase for the Textile Industry
• Catalase for Pharmaceuticals
• Catalase for Personal Care
• Catalase for Other End Uses

Catalase Market by Product Type:

• Liquid Catalase
• Powder Catalase

Catalase Market by Region:

• North America Catalase Market
• Latin America Catalase Market
• Europe Catalase Market
• Asia Pacific Catalase Market
• Middle East and Africa Catalase Market

Frequently Asked Questions

What is the anticipated growth of the catalase market until 2032?

FMI projects the global catalase market to expand at a 2.9% value CAGR by 2032

Which region is forecast to be the most lucrative for catalase market growth?

North America is expected to be the most opportunistic catalase market, capturing 29.4% of total market revenue

Which are some prominent catalase manufacturers?

Biocatalysts Limited, Lumis Biotech Pvt. Ltd., BIO-CAT., Kolor Jet Chemical Pvt. Ltd., and Sigma-Aldrich Co. are some prominent catalase manufacturers