Proteases Market

Proteases Market - Top players are
British Foods PLC, E. I. Du Pont De
Nemours and Company, Novozymes
A/S, Chr
A protease, also called a proteinase or peptidase, is an enzyme which performs
proteolysis. The enzymes from proteases are secreted from animals for a number of
physiological processes including the activation synthesis and degradation of proteins.
The proteases market has expanded significantly in recent years and this trend is
expected to continue during the forecast period, due to growing
environment concerns, incidence of diseases, and rapid industrialization.
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The proteases market is segmented on the basis of product types into the animal,
microbial, and plant categories. Animal products are further classified into the pepsin,
trypsin, renin, and other varieties; plant products into the bromelain, papain, and other
types (which includes keratinases and ficin); and finally microbial products into
alkaline, acid, and neutral proteases. The microbial segment is experiencing speedy
growth due to increasing demand for it from producers and its commercial viability.
Applications of proteases include livestock feed, food & beverages, pharmaceuticals,
soaps & detergents, and others. The soaps & detergents sector dominated the market
as proteases have been found to be safe and cost-effective. Continuous research and
development, new technology, changing cleaning habits, and an overall consciousness
regarding safe environments are projected to be drivers of the protease market during
the forecast period. Based on methods of production, the market divisions are
extraction and fermentation. Fermentation led the market due to producers’ reliance
on microbial sources and also their economic efficiency. Among animal products,
renin occupied a dominant position owing to its extensive usage in food & beverages,
especially in cheese making. Papain leads the plant segment due to its numerous
health benefits such as aid in digestion, antioxidant properties, and support to the
immune system. Among the microbial varieties, alkaline holds the prevailing position
due to its several functional properties such as stability in high temperatures and
applications in the soaps & detergents industry.
Geographically, the proteases market is distributed over Asia Pacific, North America,
Europe, Middle East & Africa, and Latin America. North America dominated the
market due to the presence of many developed industries in the region, while Asia
Pacific is also exhibiting swift evolution. The diverse functionality of food, growing
importance of laundry products, ever-rising demand for infant food formulas, and
rising production and consumption of meat products are estimated to propel the
market for proteases during the forecast period. However, factors creating obstacles in
its development include government regulations on the use of proteases, lack of
transparency found in patent protection laws, dearth of effective storage facilities,
absence of consumer awareness regarding proteases, and their high costs. Increasing
demand for environment and health-friendly products in emerging economies
displaying high growth potential and the employment of proteases as therapeutic
agents are poised to create a range of opportunities in the market during the forecast
period.
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Key participants in the global industry include Associated British Foods PLC, E. I. Du
Pont De Nemours and Company, Novozymes A/S, Chr. Hansen Holdings A/S,
Specialty Enzymes & Biotechnologies, Biocatalysts Limited, Dyadic International
Incorporated, Advanced Enzyme Technologies Ltd., and Amano Enzyme
Inc. Koninklijke DSM N.V.
The report offers a comprehensive evaluation of the market. It does so via in-depth
qualitative insights, historical data, and verifiable projections about market size. The
projections featured in the report have been derived using proven research
methodologies and assumptions. By doing so, the research report serves as a
repository of analysis and information for every facet of the market, including but not
limited to: Regional markets, technology, types, and applications.
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Proteases Market

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