The microbial lipase market is estimated to be USD 535.0 Million in 2022. It is projected to reach USD 990.2 Million by 2032, growing at a CAGR of 6.8% from 2022, in terms of value.
Attribute | Details |
---|---|
Microbial Lipase Market Size Value in 2022 | USD 535.0 Million |
Microbial Lipase Market Forecast Value in 2032 | USD 990.2 Million |
Global Growth Rate (2022 to 2032) | 6.8% |
Forecast Period | 2022 to 2032 |
Lipases are very versatile microbial enzymes and have compelled the attention of several industrial processes. Lipases can be achieved from several sources, fungi, bacteria, other microbes, animals, and vegetables. Microbial Lipases held the largest market share of around 62% among the sources of lipases.
Microbial lipase catalyzes the hydrolysis of long-chain triglycerides. The microbial sources of lipase enzymes are logically dynamic and proficient and also have an extensive range of industrial uses with the manufacturing of altered molecules.
Microbial Lipase as a multipurpose biological catalyst has found significant application across a range of industries such as food, dairy, pharmaceuticals, agrochemicals, and detergents to oleo-chemicals, tea industries, cosmetics, leather, and bioremediation processes.
Fat and oil modification is one of the prime areas in the food processing industry that demand novel economic and green technologies. Microbial lipases allow the modification of properties of liquids by altering the locations of fatty acid chains in the glyceride and replacing them with new ones.
This report represents a review of the origins of microbial lipases, immobilization methods increasing the productivity at market profitability, and reduced logistical liability on the environment and end-user.
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Market Statistics | Details |
---|---|
H1,2021 (A) | 6.7% |
H1,2022 Projected (P) | 6.8% |
H1,2022 Outlook (O) | 7.5% |
BPS Change : H1,2022 (O) - H1,2022 (P) | (+) 68 ↑ |
BPS Change : H1,2022 (O) - H1,2021 (A) | (+) 74.8 ↑ |
Microbial lipases are enzymes that catalyze the hydrolysis of triglycerides to fatty acids and glycerol. The production of microbial lipases has become an important area of research due to the increasing demand for this type of enzyme.
Enzyme technology has been used to improve the production and performance of microbial lipases. In recent years, there has been a shift towards using recombinant DNA technology to produce microbial lipases. This has led to the development of new strains of microorganisms that produce high-quality lipases.
Interesterification and hydrogenation methods have been helpful in preparing glyceride products for use in butter and margarine using Microbial Lipase.
For Example,
Conversion of palm oil to cocoa butter can be achieved by sterilization and is now a commercial process. Using interesterification cheap raw materials are converted into equal, high value coconut butter and used in the food, locks and cosmetics industries.
The global market for Microbial lipases is witnessed H1 2021 growth at magnitude of 6.7%. However, this growth is not evenly spread across all regions, with the developing markets recording higher growth rates of 6.8% is expected for H1 2022. Thus, leaving the gap of +74.8 BPS points between expected and projected growth during H1 2022.
protection laws in a number of countries, the lack of a uniform regulatory framework and policies may disrupt supply chain and put pressure on microbial lipase market practice. Also, a lack of awareness about the advanced use of microbial lipases disrupts energy. The availability of microbial lipase substitutes also limits the growth of the microbial lipases market.
Microbial lipase plays an important role in the process of digestion. It helps to maintain optimal levels of the enzymes present in the pancreases. There are other conditions such as indigestion, stomach cramps, and bloating that may occur due to higher fatty food intake, and carbohydrates.
Such microbial lipases allow certain diseases to be prevented. Microbial lipase also helps in cholesterol, triglycerides, diabetes, and obesity prevention.
The microbial lipase market is expected to considerably gain from the growing demand from the food and beverage industries, cosmetics industries, oleo manufacturing industries, and biosensors.
Some of the key factors contributing to the growth of the market for microbial lipase are the growing awareness among end-users of microbial lipase compared to animal or plant lipase, increased consumption of enzyme-modified dairy products, and enzyme-modified cheese. Due to these factors, the microbial lipase market is expected to show potential growth.
The continuously increasing awareness regarding animal health benefits from the routine application of microbial lipase among farmers of animal husbandry and cooperatives are driving the market for the microbial lipase-based animal feed commodity worldwide.
In addition to this, the increasing industrial application of microbial lipase in cleaning agents, animal feed, bakery and confectionery products, and other segments will enable growth in the market.
Microbial lipases have been adapted for numerous aforementioned industrial applications because of their heterogeneous patterns of expression, substrate specificity, and versatility that is the capacity to catalyze different reactions at the extremes of pH and temperature as well as in the presence of metal ions and organic solvents.
Now, owing to continuous developments they have been introduced into applications involving pharmaceutics, paper making, detergents, production and processing of food, biodiesel fuels, and so on.
Microbial sources of lipases are projected to witness significant growth in the near future, due to their wide range of feed ingredients and food processing applications. Common microbial lipases like lysophospholipase, phospholipase, triacylglycerol, are commercially accessible and are recognized as “Generally Recognized As Safe” (GRAS) and widely used in the food industry.
For the hydrolysis of milk fat, to modify the fatty acid chain lengths and to boost the flavor of cheeses lipases are widely used in the dairy industry.
In food processing, the oil and fats amendment is one of the prime areas which demands economically green technologies, and microbial lipases are a very significant constituent in the process.
Microbial lipases are also used as biosensors, as a catalyst in egg processing, wine, dietetics, bioremediation, and biodegradation of oil. This widening utilization of microbial lipases in the food and beverage industry is going to propel the overall growth of the market.
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Due to the low-cost extraction process and the effective use of batch fermentation, the demand for microbial lipase is increasing for use in dairy products, cleaning agents, confectionary products, and bakery products increased. The market is gaining prominence around the globe kudos to these factors.
Additionally, increasing demand for microbial lipase in confectionery industries to manufacture confectionery is another factor responsible for the near future growth of the global microbial lipase market.
The rising demand for microbial lipase particularly in India, China, and Brazil will aid the overall expansion of the market. Furthermore, microbial lipase is used in various end-user industries such as wastewater treatment, food additives, used in cosmetics to remove lipids, increased usage in the paper and pulp industry to remove the pitch from the pulp and use in flavor modification.
A rising number of advanced cosmetic merchandise, detergents, and personal care products may drive the growth of the industry.
Europe and the US are the largest markets for microbial lipases. The Asia Pacific too dominated the demand for microbial lipase and is projected to rise at the fastest CAGR during the forecast period due to the presence of some of the leading microbial lipase manufacturers in the region and the increase in lipase enzyme adoption The evolving dietary habits have led to increased consumption of dairy products in the region; increasing hygiene concerns, increased personal hygiene awareness, growing concerns about the spread of infectious diseases and the sterilization of household industrial surfaces also contribute to the growth.
The lack of transparency in the patent protection laws of microbial lipase in several nations, the absence of a uniform regulatory structure and policies may hinder supply dynamics and put pressure on the lipase market trend. Also, a lack of awareness of advanced applications of microbial lipases impedes the potential. The availability of substitutes for microbial lipase is also restricting the growth of the microbial lipases market.
The microbial lipases market is consolidated regionally, has a few leading companies driving the sales in their corresponding regions. Leading corporations including DowDuPont (US), Amano Enzymes (Japan), Novozymes (Denmark), Associated British Foods (UK), DSM (Netherlands), and Chr.
Hansen (Denmark) are making high investments in the establishment of research institutes in different regions to come up with improvements in their offerings. Globally, the market is not so concentrated and the firms are aiming to be global leaders.
They are adopting business strategies such as sales contracts, joint ventures, strategic alliances, acquiring technical expertise, product approvals, technological advancements, capacity utilisations, patents and events, partnership agreements, collaborations, mergers and acquisitions, etc to lead the global market for Microbial Lipase with largest market share.
For instance, Novozymes announced the acquisition of Microbiome Labs. These strategies further help manufacturers broaden their presence and achieve popularity in the overall market as regards product range and revenue share.
Attribute | Details |
---|---|
Market Size Value in 2021 | USD 535.0 Million |
Market Forecast Value in 2031 | USD 990.2 Million |
Global Growth Rate | 6.8% |
Forecast Period | 2022 to 2032 |
Historical Data Available for | 2017 to 2021 |
Market Analysis | MT for Volume and USD Million for Value |
Key Regions Covered | North America; Latin America; Europe; East Asia; South Asia; Oceania; and MEA |
Key Countries Covered | United States, Canada, Brazil, Mexico, Argentina, EU5, Russia, Poland, China, India, ASEAN, Australia and New Zealand, Japan, GCC countries, North Africa, South Africa, others. |
Key Market Segments Covered | Source, Form, Application, and Region. |
Key Companies Profiled | DowDuPont (US); Advanced Enzymes (India); DSM (Netherlands); Enzyme Development Corporation (US); Amano Enzymes (Japan); Novozymes (Denmark); Creative Enzymes (US); Meito Sangyo Co. Ltd (Japan); Associated British Foods (UK); Chr. Hansen (Denmark); Others |
Pricing | Available upon Request |
The global Microbial Lipase market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.
The microbial lipase market captured a valuation of USD 530 million in 2022
The microbial lipase market is projected to register a valuation of USD 990.2 million through 2032.
Asia Pacific is the fastest-growing region in the microbial lipase market.
The United States, China, India, and Australia are the major countries in the microbial lipase market.
Key players adopting technological advancement for the development of new products in the microbial lipase market.
1. Market Overview 2. Key Market Trends 3. Market Background 4. Global Market Demand Analysis 2017-2021 and Forecast, 2022-2032 5. Global Market - Pricing Analysis 6. Global Market Demand (Size in USD Million) Analysis 2017-2021 and Forecast, 2022-2032 7. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Form 7.1. Powder 7.2. Liquid 8. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Source 8.1. Fungi 8.2. Bacteria 9. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Application 9.1. Cleaning Agents 9.2. Animal Feed 9.3. Dairy Products 9.4. Bakery Products 9.5. Confectionery Products 9.6. Others 10. Market Attractiveness Analysis by Application 11. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Region 11.1. North America 11.2. Latin America 11.3. Europe 11.4. East Asia 11.5. South Asia 11.6. Oceania 11.7. Middle East and Africa 12. North America Market Analysis 2017-2021 and Forecast 2022-2032 13. Latin America Market Analysis 2017-2021 and Forecast 2022-2032 14. Europe Market Analysis 2017-2021 and Forecast 2022-2032 15. East Asia Market Analysis 2017-2021 and Forecast 2022-2032 16. South Asia Market Analysis 2017-2021 and Forecast 2022-2032 17. Oceania Market Analysis 2017-2021 and Forecast 2022-2032 18. Middle East and Africa Market Analysis 2017-2021 and Forecast 2022-2032 19. Key Countries Market Analysis 2017-2021 and Forecast 2022-2032 20. Market Structure Analysis- Global Assessment 21. Competition Deep Dive (Tentative List) 21.1. Koninklijke DSM N.V. 21.2. Novozymes 21.3. Chr. Hansen 21.4. Amano Enzymes Inc 21.5. Associated British Foods 21.6. Dowdupont 21.7. Enzyme Development Corporation 21.8. Aumgene Biosciences 21.9. Biocatalysts 21.10. Clerici-Sacco Group 21.11. Others on Additional Request 22. Assumptions and Acronyms Used 23. Research Methodology
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