Inulinase Market size was valued at US$ 1.74 Bn in 2022 and the total revenue is expected to grow at 4.5% through 2023 to 2029, reaching nearly US$ 2.37 Bn. The global Inulinase market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Hominy Feed market report also provides trends by market segments, technology, and investment with a competitive landscape.To know about the Research Methodology :- Request Free Sample Report
Inulinase Market Overview
Inulinase is an important enzyme for the food industry, and due to high usage of inulinase for various industrial production has driven the market growth. It is an industrial enzyme used for the production of lactic acid, citric acid, ultra-high fructose syrup, biofuels, and single-cell oil. Inulinase is produced from sources like yeast, bacteria, fungi, actinomycetes, and molds. With time inulinase has replaced starch heavily in industries, inulin and materials containing inulin traces are sustainable and economical polymeric carbohydrates that can be easily hydrolyzed to form fructose, glucose, and inulooligosaccharides. Plants like dandelion, dahlia, garlic, coffee, chicory, agave, and asparagus are the richest source of inulin. Inulinase is a member of the glycoside hydrolase family and a valuable additive in the food industry it provides a sweet taste to the food and is safe as compared to sucrose due to its sweetening capacity, low-calorie content, and safe for diabetic patients.Inulinase Market Dynamics
High prevalence of health problems in people mostly geriatric population and elevated consumer awareness about consumption of Inulinase impacted positively on markets growth. Fast-paced urbanization and increased health problems like High BP, obesity, type 1 & 2 diabetes, high cholesterol, and blood sugar level especially among old age people due to which the market of inulinase has grown. Modernized and technological development for the production of inulinase enzymes in developed nations led to the increased demand for more calorie-controlled, natural, and healthy substitutes of sweeteners. Moreover, high per capita income, changed lifestyle with adequate availability of Inulinase has driven the growth of the market. A rise in the investments made by the key market players for innovation & development for increased production of inulinase from various sources, through advanced methods for the production of inulinase had a positive impact on the growth of the inulinase market. Inulinase is also used for the production of bioethanol. Bioethanol is produced by fermenting sugar and component of the plant containing starch and is used as an additive in fuels. Moreover, its high usage for the production of HFS (High Fructose Syrup) to fulfill the demand of the food industry as sweetener replacement pushed market growth. However, certain risks related to the use and consumption of inulinase such as abdominal pain, cramps, and other factors like high cost related to the production of by-products of inulinase enzymes have hampered the market growth. Despite Inulinase being in low calories still contains sugar which can lead to health issues like cardiac arrest, diabetes, obesity, and others restrained growth of the market.Inulinase Market Segment Analysis
Based on product type inulinase market is segmented into microbial inulinase and plant inulinase. The segment of microbial inulinase dominated the market in recent years. Microbial inulinase is an important part of industrial enzymes due to its ability to hydrolyse inulin into fructose and fructooligosaccharides. Both of these products have high usage in the pharmaceutical and food industry. Inulinase is also found in plants and animals but is in less quantity due to which microorganisms are being considered as a rich source of inulinase. Which are categorized based on their patterns as exoinulinases and endoinulinases. Exoinulinases produce fructose after hydrolysing inulin linkage and endoinulinases produce fructooligosaccharides after acting randomly on linkages of glycosidic inulin. By application, the segment of high fructose syrup held the largest market share in recent years due to the high demand for fructose syrup in the food and beverage industry as a sweetener and a food additive, it used for preparing food in bulk. Growing health consciousness among people is the major reason for the segment growth and is available in different sizes and volumes in the market. Fructose syrup’s usage is also high in pharmaceuticals and neutraceutical industries because of its nutrition providing benefit and is a rich source of carbohydrates. Moreover, the segment of bioethanol has also witnessed growth as it is used as an additive in fuel and is high in demand due to the high usage of vehicles.Regional Insights:
North America and Europe dominated the inulinase market due to an increase in the consumption of Inulinase by the young and geriatric population due to its less calorie content and an ideal food sweetener. The prevalence of chronic health problems such as high cholesterol, blood sugar, cardiovascular problems, obesity, and others majorly because of unsettled lifestyle and undisciplined eating patterns boosted the inulinase market growth in North America. The European market is considered to yield the fastest market growth because of increased demand for inulinase because of increased usage in neutraceutical as an additive and the presence of key market players. Asia-Pacific accounted for the fastest-growing region for the inulinase market. Increased per capita income of people combined with the use of low calorie and hygienic food additives in developing nations such as India, Japan, Australia impacted positively on market growth. Furthermore increased investment in research & development by region key player for fermentation and hydrolyzation of inulinase combined with rising health issues like blood sugar and blood pressure, obesity, cardiovascular problems and others in these nations augmented to push the market growth in India and Japan. Inulinase is an inexpensive substitute for sucrose which have several health benefits for the geriatric population which played a key part in the market growth of the region. South America and the Middle East and Africa are witnessing growth as well primarily due to urbanization, globalization and knowledge of food additives in the region. Increased consumer choice for consuming calorie controlled but sweet beverage combined with industrial development and preference for more organic products over synthesized chemicals impacted positively on the market growth of South America. Moreover, the shift of key players in the Middle East nations due to tap undiscovered market is anticipated to generate more revenue in the region. The objective of the report is to present a comprehensive analysis of the Global Inulinase Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Global Inulinase Market dynamics, structure by analyzing the market segments and project the Global Inulinase Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Inulinase Market make the report investor’s guide.Inulinase Market Scope: Inquire before buying
Inulinase Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 1.74 Bn. Forecast Period 2023 to 2029 CAGR: 4.5% Market Size in 2029: US $ 2.37 Bn. Segments Covered: by Product Microbial Inulinase Plant Inulinase by Application High Fructose Syrup Inula-oligosaccharides production Bioethanol production Inulinase Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Key Players are:
1. BENEO 2. Jarrow Formulas 3. Beneo-Orafti 4. Sensus, 5. Cosucra 6. Sigma-Aldrich 7. Guangzhou Isun Pharmaceutical Co., Ltd 8. Guangzhou Tomums Life Science Co., Ltd 9. Crestive Enzymes 10.Boc Sciences 11.Alfa Chemistry 12.Nutrients India Private Limited 13.Triveni Formulations Limited 14.Bioven Ingredients 15.Kikkoman Corporation Frequently Asked Questions: 1. Which region has the largest share in Global Inulinase Market? Ans: Asia Pacific region held the highest share in 2022. 2. What is the growth rate of Global Inulinase Market? Ans: The Global Inulinase Market is growing at a CAGR of 4.5% during forecasting period 2023-2029. 3. What is scope of the Global Inulinase Market report? Ans: Global Inulinase Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Inulinase Market? Ans: The important key players in the Global Inulinase Market are – BENEO, Jarrow Formulas, Beneo-Orafti, Sensus,, Cosucra, Sigma-Aldrich, Guangzhou Isun Pharmaceutical Co., Ltd, Guangzhou Tomums Life Science Co., Ltd, Crestive Enzymes, Boc Sciences, Alfa Chemistry, Nutrients India Private Limited, Triveni Formulations Limited, Bioven Ingredients, and Kikkoman Corporation 5. What is the study period of this Market? Ans: The Global Inulinase Market is studied from 2022 to 2029.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Inulinase Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2022 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Inulinase Products Market 3.4. Geographical Snapshot of the Inulinase Products Market, By Manufacturer share 4. Global Inulinase Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Inulinase Market 5. Supply Side and Demand Side Indicators 6. Global Inulinase Market Analysis and Forecast, 2022-2029 6.1 Inulinase Market Size & Y-o-Y Growth Analysis 7. Global Inulinase Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 7.1.1. Microbial Inulinase 7.1.2. Plant Inulinase 7.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 7.2.1. High Fructose Syrup 7.2.2. Inula-oligosaccharides production 7.2.3. Bioethanol production 7.3. Market Size (Value) Estimates & Forecast by Region, 2022-2029 7.3.1. North America 7.3.2. South America 7.3.3. Europe 7.3.4. Asia Pacific 7.3.5. Middle East and Africa 8. North America Inulinase Market Analysis and Forecasts, 2022-2029 8.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 8.1.1. Microbial Inulinase 8.1.2. Plant Inulinase 8.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 8.2.1. High Fructose Syrup 8.2.2. Inula-oligosaccharides production 8.2.3. Bioethanol production 9. North America Inulinase Market Analysis and Forecasts, By Country 9.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 9.1.1. US 9.1.2. Canada 9.1.3. Mexico 10. U.S. Inulinase Market Analysis and Forecasts, 2022-2029 10.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 10.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 11. Canada Inulinase Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 11.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 12. Mexico Inulinase Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 12.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 13. Europe Inulinase Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 13.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 14. Europe Inulinase Market Analysis and Forecasts, By Country 14.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 14.1.1. U.K 14.1.2. France 14.1.3. Germany 14.1.4. Italy 14.1.5. Spain 14.1.6. Sweden 14.1.7. CIS Countries 14.1.8. Rest of Europe 15. U.K. Inulinase Market Analysis and Forecasts, 2022-2029 15.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 15.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 16. France Inulinase Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 16.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 17. Germany Inulinase Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 17.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 18. Italy Inulinase Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 18.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 19. Spain Inulinase Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 19.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 20. Sweden Inulinase Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 20.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 21. CIS Countries Inulinase Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 21.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 22. Rest of Europe Inulinase Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 22.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 23. Asia Pacific Inulinase Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 23.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 24. Asia Pacific Inulinase Market Analysis and Forecasts, by Country 24.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 24.1.1. China 24.1.2. India 24.1.3. Japan 24.1.4. South Korea 24.1.5. Australia 24.1.6. ASEAN 24.1.7. Rest of Asia Pacific 25. China Inulinase Market Analysis and Forecasts, 2022-2029 25.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 25.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 26. India Inulinase Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 26.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 27. Japan Inulinase Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 27.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 28. South Korea Inulinase Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 28.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 29. Australia Inulinase Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 29.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 30. ASEAN Inulinase Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 30.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 31. Rest of Asia Pacific Inulinase Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 31.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 32. Middle East Africa Inulinase Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 32.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 33. Middle East Africa Inulinase Market Analysis and Forecasts, by Country 33.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 33.1.1. South Africa 33.1.2. GCC Countries 33.1.3. Egypt 33.1.4. Nigeria 33.1.5. Rest of ME&A 34. South Africa Inulinase Market Analysis and Forecasts, 2022-2029 34.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 34.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 35. GCC Countries Inulinase Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 35.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 36. Egypt Inulinase Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 36.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 37. Nigeria Inulinase Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 37.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 38. Rest of ME&A Inulinase Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 38.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 39. South America Inulinase Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 39.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 40. South America Inulinase Market Analysis and Forecasts, by Country 40.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 40.1.1. Brazil 40.1.2. Argentina 40.1.3. Rest of South America 41. Brazil Inulinase Market Analysis and Forecasts, 2022-2029 41.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 41.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 42. Argentina Inulinase Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 42.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 43. Rest of South America Inulinase Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 43.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 44. Competitive Landscape 44.1. Geographic Footprint of Major Players in the Global Inulinase Market 44.2. Competition Matrix 44.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 44.2.2. New Product Launches and Product Enhancements 44.2.3. Market Consolidation 44.2.3.1. M&A by Regions, Investment and Verticals 44.2.3.2. M&A, Forward Integration and Backward Integration 44.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 44.3. Company Profile : Key Players 44.3.1. Campbell soup Company 44.3.1.1. Company Overview 44.3.1.2. Financial Overview 44.3.1.3. Geographic Footprint 44.3.1.4. Product Portfolio 44.3.1.5. Business Strategy 44.3.1.6. Recent Developments 45.3.2 BENEO 45.3.3 Jarrow Formulas 45.3.4 Beneo-Orafti 45.3.5 Sensus, 45.3.6 Cosucra 45.3.7 Sigma-Aldrich 45.3.8 Guangzhou Isun Pharmaceutical Co., Ltd 45.3.9 Guangzhou Tomums Life Science Co., Ltd 45.3.10 Crestive Enzymes 45.3.11 Boc Sciences 45.3.12 Alfa Chemistry 45.3.13 Nutrients India Private Limited 45.3.14 Triveni Formulations Limited 45.3.15 Bioven Ingredients 45.3.16 Kikkoman Corporation 46 Primary Key Insight