Lipase Market Size was valued at USD 472.17 Mn. in 2023 and the market size is estimated to grow at a CAGR of 6.03% to reach USD 711.38 Mn. by 2030.Lipase Market Overview:
The report explores the Lipase market's segments (Type, Application, and Region). Data has been provided by market participants, and regions (North America, Asia Pacific, Europe, Middle East & Africa, and South America). This market report provides a thorough analysis of the rapid advances that are currently taking place across all industry sectors. Facts and figures, illustrations, and presentations are used to provide key data analysis for the historical period from 2018 to 2023. The report investigates the Lipase market's drivers, limitations, prospects, and barriers. This MMR report includes investor recommendations based on a thorough examination of the Lipase market's contemporary competitive scenario.To know about the Research Methodology :- Request Free Sample Report
Lipase Market Dynamics:
Lipase Market is showing northward direction growth, thanks to the growing adoption among several industries due to its health and industrial advantage. It also finds huge applications in animal feeds and medical and diagnostic use. Lipases are widely used in a variety of biotechnological applications because they can hydrolyze lipids into glycerol synthesis and fatty acids in the presence of water-lipid interference and then reverse the process in a non-aqueous media. It is expected that lipase enzymes will vitalize the growing demand in industries such as pharmaceuticals, chemical industries, biotechnology laboratories, cosmetics, and others. There is growing awareness about animal health among consumers, as they are careful while buying animal feed products with chemical ingredients. It is a good alternative to chemical additives. The growth prospects of the global lipase market are expected to impact by an increase in demand to modify the flavor and fragrance compounds in the food products. Insufficiency and Non-appearance of lipase in the body brings about elevated cholesterol, the high hazard of muscle fits, diabetes, diminished cell porousness, and significant levels of triglycerides in the body. Vulnerabilities in patent insurance laws are limiting market growth. The restriction represses the global lipase market in the absence of straightforwardness in the law of patent security across the globe. Lipase Market Trends: Demand for lipase is expected to increase for the production of various house cleaning products and detergents. Manufacturers across the globe are continuously looking for various lipases such as amylases and proteases because lipase enzyme application enables removing the fatty residues and offers products with enhanced efficiency. The major enzyme-consuming sector is the detergent industry. The increased demand for lipase in the detergent sector is due to the growing requirement to unclog clogged drains and remove fatty deposits. Lipases are commonly used in the food industry due to their substrate specificity, such as changing flavors by combining esters of short-chain unsaturated fats or specific hydrolysis of fat triglycerides to discharge unsaturated fats or removing fat from a few food items. Consumption of lipase prevents diabetes, cholesterol, and obesity. COVID-19 Impact: The COVID-19 outbreak has affected economies and industries in various countries due to lockdown, travel bans, and business shutdowns. As a result of this outbreak, the global food and beverage industry faced serious disruptions such as supply chain breaks, technology event cancellations, and office shutdowns. Moreover, consumer demand has also subsequently reduced as individuals are now keener on eliminating non-essential expenses from their respective budgets as the general economic status of most individuals has been severely affected by this outbreak.Lipase Market Segment Analysis:
Based on Type, The Lipase Market is segmented into animal lipases & microbial lipases. The microbial lipases segment held the largest market share accounting for more than 60% in 2023. The growing demand for microbial lipases is attributed to it superior properties including catalytic behavior, high yield, convenient genetic modification, along with high microbial rate. Based on Application: The Lipase Market is segmented into animal feed, dairy, bakery, confectionery, and others. The animal feed segment dominated the market and held the largest market share in 2023. The growing need for animal nutritional intake combined with the yield of high-quantity animal products for better meat are boosting the segment growth.Regional Insights:
The Asia Pacific region held the largest market share accounting for 35.5% in 2023. The growing demand for processed foods, combined with rising awareness of health-conscious products, is a major driver of the growth of enzymes which is thus fuelling the growth of regional market. A recent development in the bakery and processed dairy items are required to boost the growth of the market during the forecast period. The North American region is expected to witness significant growth during the forecast period. Europe has shown an extensive development in the worldwide market inferable from rising confectionery development right now. Advanced technologies are emerging in Europe to produce genetically modified organisms strains, which can perform in adverse operational conditions and improve process efficiency. The objective of the report is to present a comprehensive analysis of the global Lipase 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, 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 reports also help in understanding the Lipase Market dynamic and structure by analyzing the market segments and projecting the Barium Fluoride Market size. Clear representation of competitive analysis of key players by Design, price, financial position, product portfolio, growth strategies, and regional presence in the Barium Fluoride Market make the report investor’s guide.Lipase Industry Ecosystem
Lipase Market Scope: Inquiry Before Buying
Lipase Market Report Coverage Details Base Year: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: USD 472.17 Mn. Forecast Period 2024 to 2030 CAGR: 6.03% Market Size in 2030: USD 711.38 Mn. Segments Covered: by Type Microbial Lipase Animal Lipase by Application Animal feed Dairy Bakery Confectionery Others by Form Liquid Powder Gel Lipase 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)Lipase Market, Key Players are:
1.E. I. du Pont Nemours and Company 2.Koninklijke DSM N.V. 3.Renco New Zealand 4.Clerici-Sacco Group 5.Associated British Foods Plc. 6.Advanced Enzymes 7.Enzyme development corporation 8.Amano Enzymes Inc. 9.Novozymes A/S 10.Chr. Hansen Holdings A/S Frequently asked questions 1. What are the major industry drivers? Ans - Availability of advanced diagnostic facilities, improving healthcare infrastructure, and growing technological advancements are the major drivers of the industry. 2. What are the significant end-use sectors in the market? ANS- The significant end-use sectors in the market are diagnostic laboratories, special clinics, hospitals, and research centers. 3. What is the size of the lipase market? Ans- The lipase market is expected to grow at a 6.03% CAGR during the forecast period 4. What are the applications of lipase? Ans – Lipase is largely used in the food and beverage sector. The market is also gaining demand through applications in the production of cleaning products such as detergents. 5. What was the Global Lipase Market size in 2023? Ans- The Global Lipase Market size was USD 472.17 Million in 2023.
1. Lipase Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Global Lipase Market: Competitive Landscape 2.1. MMR Competition Matrix 2.2. Competitive Landscape 2.3. Market share analysis of major players 2.4. Key Players Benchmarking 2.4.1. Company Name 2.4.2. Type Segment 2.4.3. End-user Segment 2.4.4. Revenue (2023) 2.4.5. Key Development 2.4.6. Geographic distribution of major customers 2.5. Market Structure 2.5.1. Market Leaders 2.5.2. Market Followers 2.5.3. Emerging Players 2.6. Mergers and Acquisitions Details 3. Lipase Market: Dynamics 3.1. Lipase Market Trends 3.2. Lipase Market Dynamics 3.2.1. Drivers 3.2.2. Restraints 3.2.3. Opportunities 3.2.4. Challenges 3.3. Ecosystem Analysis 3.3.1. Raw material suppliers 3.3.2. Lipase producers 3.3.3. End Users 3.3.4. Research and development institutes 3.4. Value Chain Analysis 3.5. PORTER’s Five Forces Analysis 3.5.1. Intensity of the Rivalry 3.5.2. Threat of New Entrants 3.5.3. Bargaining Power of Suppliers 3.5.4. Bargaining Power of Buyers 3.5.5. Threat of Substitutes 3.6. Regulatory Landscape by Region 3.6.1. North America 3.6.2. Europe 3.6.3. Asia Pacific 3.6.4. South America 3.6.5. MEA 4. Lipase Market: Global Market Size and Forecast by Segmentation (by Value in USD Mn) (2023-2030) 4.1. Lipase Market Size and Forecast, by Type (2023-2030) 4.1.1. Microbial Lipase 4.1.2. Animal Lipase 4.2. Lipase Market Size and Forecast, by Application (2023-2030) 4.2.1. Animal feed 4.2.2. Dairy 4.2.3. Bakery 4.2.4. Confectionery 4.2.5. Others 4.3. Lipase Market Size and Forecast, by Form (2023-2030) 4.3.1. Liquid 4.3.2. Powder 4.3.3. Gel 5. North America Lipase Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 5.1. North America Lipase Market Size and Forecast, by Type (2023-2030) 5.1.1. Microbial Lipase 5.1.2. Animal Lipase 5.2. Others North America Lipase Market Size and Forecast, by Application (2023-2030) 5.2.1. Animal feed 5.2.2. Dairy 5.2.3. Bakery 5.2.4. Confectionery 5.2.5. Others 5.3. North America Lipase Market Size and Forecast, by Form (2023-2030) 5.3.1. Liquid 5.3.2. Powder 5.3.3. Gel 5.4. North America Lipase Market Size and Forecast, by Country (2023-2030) 5.4.1. United States 5.4.1.1. United States Lipase Market Size and Forecast, by Type (2023-2030) 5.4.1.1.1. Microbial Lipase 5.4.1.1.2. Animal Lipase 5.4.1.2. United States Lipase Market Size and Forecast, by Application (2023-2030) 5.4.1.2.1. Animal feed 5.4.1.2.2. Dairy 5.4.1.2.3. Bakery 5.4.1.2.4. Confectionery 5.4.1.2.5. Others 5.4.1.3. United States Lipase Market Size and Forecast, by Form (2023-2030) 5.4.1.3.1. Liquid 5.4.1.3.2. Powder 5.4.1.3.3. Gel 5.4.2. Canada 5.4.2.1. Canada Lipase Market Size and Forecast, by Type (2023-2030) 5.4.2.1.1. Microbial Lipase 5.4.2.1.2. Animal Lipase 5.4.2.2. Canada Lipase Market Size and Forecast, by Application (2023-2030) 5.4.2.2.1. Animal feed 5.4.2.2.2. Dairy 5.4.2.2.3. Bakery 5.4.2.2.4. Confectionery 5.4.2.2.5. Others 5.4.2.3. Canada Lipase Market Size and Forecast, by Form (2023-2030) 5.4.2.3.1. Liquid 5.4.2.3.2. Powder 5.4.2.3.3. Gel 5.4.3. Mexico 5.4.3.1. Mexico Lipase Market Size and Forecast, by Type (2023-2030) 5.4.3.1.1. Microbial Lipase 5.4.3.1.2. Animal Lipase 5.4.3.2. Mexico Lipase Market Size and Forecast, by Application (2023-2030) 5.4.3.2.1. Animal feed 5.4.3.2.2. Dairy 5.4.3.2.3. Bakery 5.4.3.2.4. Confectionery 5.4.3.2.5. Others 5.4.3.3. Mexico Lipase Market Size and Forecast, by Form (2023-2030) 5.4.3.3.1. Liquid 5.4.3.3.2. Powder 5.4.3.3.3. Gel 6. Europe Lipase Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 6.1. Europe Lipase Market Size and Forecast, by Type (2023-2030) 6.2. Europe Lipase Market Size and Forecast, by Application (2023-2030) 6.3. Europe Lipase Market Size and Forecast, by Form (2023-2030) 6.4. Europe Lipase Market Size and Forecast, by Country (2023-2030) 6.4.1. United Kingdom 6.4.1.1. United Kingdom Lipase Market Size and Forecast, by Type (2023-2030) 6.4.1.2. United Kingdom Lipase Market Size and Forecast, by Application (2023-2030) 6.4.1.3. United Kingdom Lipase Market Size and Forecast, by Form (2023-2030) 6.4.2. France 6.4.2.1. France Lipase Market Size and Forecast, by Type (2023-2030) 6.4.2.2. France Lipase Market Size and Forecast, by Application (2023-2030) 6.4.2.3. France Lipase Market Size and Forecast, by Form (2023-2030) 6.4.3. Germany 6.4.3.1. Germany Lipase Market Size and Forecast, by Type (2023-2030) 6.4.3.2. Germany Lipase Market Size and Forecast, by Application (2023-2030) 6.4.3.3. Germany Lipase Market Size and Forecast, by Form (2023-2030) 6.4.4. Italy 6.4.4.1. Italy Lipase Market Size and Forecast, by Type (2023-2030) 6.4.4.2. Italy Lipase Market Size and Forecast, by Application (2023-2030) 6.4.4.3. Italy Lipase Market Size and Forecast, by Form (2023-2030) 6.4.5. Spain 6.4.5.1. Spain Lipase Market Size and Forecast, by Type (2023-2030) 6.4.5.2. Spain Lipase Market Size and Forecast, by Application (2023-2030) 6.4.5.3. Spain Lipase Market Size and Forecast, by Form (2023-2030) 6.4.6. Sweden 6.4.6.1. Sweden Lipase Market Size and Forecast, by Type (2023-2030) 6.4.6.2. Sweden Lipase Market Size and Forecast, by Application (2023-2030) 6.4.6.3. Sweden Lipase Market Size and Forecast, by Form (2023-2030) 6.4.7. Austria 6.4.7.1. Austria Lipase Market Size and Forecast, by Type (2023-2030) 6.4.7.2. Austria Lipase Market Size and Forecast, by Application (2023-2030) 6.4.7.3. Austria Lipase Market Size and Forecast, by Form (2023-2030) 6.4.8. Rest of Europe 6.4.8.1. Rest of Europe Lipase Market Size and Forecast, by Type (2023-2030) 6.4.8.2. Rest of Europe Lipase Market Size and Forecast, by Application (2023-2030) 6.4.8.3. Rest of Europe Lipase Market Size and Forecast, by Form (2023-2030) 7. Asia Pacific Lipase Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 7.1. Asia Pacific Lipase Market Size and Forecast, by Type (2023-2030) 7.2. Asia Pacific Lipase Market Size and Forecast, by Application (2023-2030) 7.3. Asia Pacific Lipase Market Size and Forecast, by Form (2023-2030) 7.4. Asia Pacific Lipase Market Size and Forecast, by Country (2023-2030) 7.4.1. China 7.4.1.1. China Lipase Market Size and Forecast, by Type (2023-2030) 7.4.1.2. China Lipase Market Size and Forecast, by Application (2023-2030) 7.4.1.3. China Lipase Market Size and Forecast, by Form (2023-2030) 7.4.2. S Korea 7.4.2.1. S Korea Lipase Market Size and Forecast, by Type (2023-2030) 7.4.2.2. S Korea Lipase Market Size and Forecast, by Application (2023-2030) 7.4.2.3. S Korea Lipase Market Size and Forecast, by Form (2023-2030) 7.4.3. Japan 7.4.3.1. Japan Lipase Market Size and Forecast, by Type (2023-2030) 7.4.3.2. Japan Lipase Market Size and Forecast, by Application (2023-2030) 7.4.3.3. Japan Lipase Market Size and Forecast, by Form (2023-2030) 7.4.4. India 7.4.4.1. India Lipase Market Size and Forecast, by Type (2023-2030) 7.4.4.2. India Lipase Market Size and Forecast, by Application (2023-2030) 7.4.4.3. India Lipase Market Size and Forecast, by Form (2023-2030) 7.4.5. Australia 7.4.5.1. Australia Lipase Market Size and Forecast, by Type (2023-2030) 7.4.5.2. Australia Lipase Market Size and Forecast, by Application (2023-2030) 7.4.5.3. Australia Lipase Market Size and Forecast, by Form (2023-2030) 7.4.6. ASIAN 7.4.6.1. ASIAN Lipase Market Size and Forecast, by Type (2023-2030) 7.4.6.2. ASIAN Lipase Market Size and Forecast, by Application (2023-2030) 7.4.6.3. ASIAN Lipase Market Size and Forecast, by Form (2023-2030) 7.4.7. Rest of Asia Pacific 7.4.7.1. Rest of Asia Pacific Lipase Market Size and Forecast, by Type (2023-2030) 7.4.7.2. Rest of Asia Pacific Lipase Market Size and Forecast, by Application (2023-2030) 7.4.7.3. Rest of Asia Pacific Lipase Market Size and Forecast, by Form (2023-2030) 8. Middle East and Africa Lipase Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 8.1. Middle East and Africa Lipase Market Size and Forecast, by Type (2023-2030) 8.2. Middle East and Africa Lipase Market Size and Forecast, by Application (2023-2030) 8.3. Middle East and Africa Lipase Market Size and Forecast, by Form (2023-2030) 8.4. Middle East and Africa Lipase Market Size and Forecast, by Country (2023-2030) 8.4.1. South Africa 8.4.1.1. South Africa Lipase Market Size and Forecast, by Type (2023-2030) 8.4.1.2. South Africa Lipase Market Size and Forecast, by Application (2023-2030) 8.4.1.3. South Africa Lipase Market Size and Forecast, by Form (2023-2030) 8.4.2. S GCC 8.4.2.1. GCC Lipase Market Size and Forecast, by Type (2023-2030) 8.4.2.2. GCC Lipase Market Size and Forecast, by Application (2023-2030) 8.4.2.3. GCC Lipase Market Size and Forecast, by Form (2023-2030) 8.4.3. Egypt 8.4.3.1. Egypt Lipase Market Size and Forecast, by Type (2023-2030) 8.4.3.2. Egypt Lipase Market Size and Forecast, by Application (2023-2030) 8.4.3.3. Egypt Lipase Market Size and Forecast, by Form (2023-2030) 8.4.4. Nigeria 8.4.4.1. Nigeria Lipase Market Size and Forecast, by Type (2023-2030) 8.4.4.2. Nigeria Lipase Market Size and Forecast, by Application (2023-2030) 8.4.4.3. Nigeria Lipase Market Size and Forecast, by Form (2023-2030) 8.4.5. Rest of ME &A 8.4.5.1. Rest of ME &A Lipase Market Size and Forecast, by Type (2023-2030) 8.4.5.2. Rest of ME &A Lipase Market Size and Forecast, by Application (2023-2030) 8.4.5.3. Rest of ME &A Lipase Market Size and Forecast, by Form (2023-2030) 9. South America Lipase Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 9.1. South America Lipase Market Size and Forecast, by Type (2023-2030) 9.2. South America Lipase Market Size and Forecast, by Application (2023-2030) 9.3. South America Lipase Market Size and Forecast, by Form (2023-2030) 9.4. South America Lipase Market Size and Forecast, by Country (2023-2030) 9.4.1. Brazil 9.4.1.1. Brazil Lipase Market Size and Forecast, by Type (2023-2030) 9.4.1.2. Brazil Lipase Market Size and Forecast, by Application (2023-2030) 9.4.1.3. Brazil Lipase Market Size and Forecast, by Form (2023-2030) 9.4.2. Argentina 9.4.2.1. Argentina Lipase Market Size and Forecast, by Type (2023-2030) 9.4.2.2. Argentina Lipase Market Size and Forecast, by Application (2023-2030) 9.4.2.3. Argentina Lipase Market Size and Forecast, by Form (2023-2030) 9.4.3. Rest Of South America 9.4.3.1. Rest of South America Lipase Market Size and Forecast, by Type (2023-2030) 9.4.3.2. Rest of South America Lipase Market Size and Forecast, by Application (2023-2030) 9.4.3.3. Rest of South America Lipase Market Size and Forecast, by Form (2023-2030) 10. Company Profile: Key Players 10.1. E. I. du Pont Nemours and Company 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.3.1. Total Revenue 10.1.3.2. Segment Revenue 10.1.3.3. Annual Revenue 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Recent Developments 10.2. Koninklijke DSM N.V. 10.3. Renco New Zealand 10.4. Clerici-Sacco Group 10.5. Associated British Foods Plc. 10.6. Advanced Enzymes 10.7. Enzyme development corporation 10.8. Amano Enzymes Inc. 10.9. Novozymes A/S 10.10. Chr. Hansen Holdings A/S 10.11. DuPont 10.12. Amano Enzyme Inc 10.13. AB Enzymes GmbH 10.14. BASF SE 10.15. Novus International, Inc. 10.16. Biocatalysts Ltd. 10.17. Lumis Biotech Pvt. Ltd. 10.18. Creative Enzymes 10.19. BioResource International, Inc. 10.20. Roquette Frères 10.21. Enzymicals AG 10.22. Ingredion Incorporated 10.23. Kerry Group 10.24. Tereos 10.25. Bunge Limited 11. Key Findings and Analyst Recommendations 12. Lipase Market: Research Methodology 12.1. Research Data 12.1.1. Secondary Data 12.1.1.1. Key data from secondary sources 12.1.2. Primary Data 12.1.2.1. Key industry insights 12.1.2.2. Key data from primary sources 12.2. Market size estimation 12.2.1. Bottom-up approach 12.2.2. Top-down approach 12.3. Market Breakdown 12.4. Data triangulation
