Market Overview:
The global biocatalyst market reached a volume of 132.2 Kilo Tons in 2021. Looking forward, IMARC Group expects the market to reach 184.3 Kilo Tons by 2027, exhibiting at a CAGR of 5.5% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Biocatalysts are defined as substances of biological (non-human) origin, which possess the ability to catalyse a broad spectrum of reactions. They are organic, biodegradable and have high catalytic efficiency along with the ability to operate under mild conditions. Owing to this, they are used for various industrial and commercial applications.
The market is currently being driven by a number of favourable factors. Due to advancements in technology and the environment-friendly nature of biocatalysts, their use has expanded rapidly. Traditionally used to convert biologically derived (or renewable) feedstock, they are now being used in the production of biofuels, biopharmaceuticals, etc. Moreover, the growing awareness about the benefits of biocatalysts and their environment sustainability has stimulated their demand in industries such as food and beverage, detergents, starch processing and textiles.
The report has segmented the market on the basis of type. Currently, hydrolases represent the largest biocatalyst type, accounting for the majority of the total market share. Other major types are oxidoreductases and transferases. The report has also segmented the market on the basis of the application including food and beverage, cleaning agents, biofuel production, agriculture and feed, biopharmaceuticals and others. On a regional basis, the report covers Europe, North America, Asia-Pacific, Latin America, and Middle East and Africa. Among these, Europe represents the largest region, accounting for more than one-third of the total global share. The report has further analysed the competitive landscape of the market with some of the key players being Novozymes, DuPont and Royal DSM.
This report provides a deep insight into the global biocatalyst industry covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the global biocatalyst industry in any manner.
Key Aspects Analysed:
- Trends and dynamics in the biocatalyst market.
- Major product types and their current and future market potential.
- Major application segments and their current and future market potential.
- Key drivers/restraints and their impact on the current and future market scenario.
- Examination of the competitive landscape.
Major Types of Biocatalyst Covered in This Report:
- Oxidoreductases
- Transferases
- Hydrolases
- Others
Major Applications Covered in This Report:
- Food and Beverage Industry
- Cleaning Agents
- Biofuel Production
- Agriculture and Feed
- Biopharmaceuticals
- Others
Major Sources Covered in This Report:
- Microorganisms
- Plants
- Animal
Major Regions Covered in This Report:
- Europe
- North America
- Asia-Pacific
- Latin America
- Middle East and Africa
Focus of the Analysis:
- Overview
- Historical and current market scenario
- Market trends
- Market forecast
1 Preface
2 Scope and Methodology
2.1 Objectives of the study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Biocatalyst Market
5.1 Market Overview
5.2 Market Performance
5.2.1 Volume Trends
5.2.2 Value Trends
5.3 Impact of COVID-19
5.4 Price Analysis
5.4.1 Key Price Indicators
5.4.2 Price Structure
5.4.3 Price Trends
5.5 Market Breakup by Type
5.6 Market Breakup by Region
5.7 Market Breakup by Application
5.8 Market Breakup by Source
5.9 Market Forecast
5.10 SWOT Analysis
5.10.1 Overview
5.10.2 Strengths
5.10.3 Weaknesses
5.10.4 Opportunities
5.10.5 Threats
5.11 Value Chain Analysis
5.11.1 Raw Material Procurement
5.11.2 Manufacturing
5.11.3 Marketing
5.11.4 Distribution
5.11.5 Exports
5.11.6 End-Use
5.12 Porter’s Five Forces Analysis
5.12.1 Overview
5.12.2 Bargaining Power of Buyers
5.12.3 Bargaining Power of Suppliers
5.12.4 Degree of Competition
5.12.5 Threat of New Entrants
5.12.6 Threat of Substitutes
5.13 Key Market Drivers and Success Factors
6 Market Breakup by Type
6.1 Hydrolases
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Oxidoreductases
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Transferases
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Others
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by Region
7.1 Europe
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 North America
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Asia-Pacific
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Latin America
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Middle East and Africa
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by Application
8.1 Food and Beverages
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Cleaning Agent
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Biofuel Production
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Agriculture and Feed
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Biopharmaceuticals
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Others
8.6.1 Market Trends
8.6.2 Market Forecast
9 Market Breakup by Source
9.1 Microorganisms
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Plants
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Animal
9.3.1 Market Trends
9.3.2 Market Forecast
10 Competitive Landscape
10.1 Competitive Structure
10.2 Market Share of Key Players
11 Key Players
11.1 Novozymes
11.2 DuPont
11.3 Royal DSM
11.4 Others
List of Figures
Figure 1: Global: Biocatalyst Market: Major Drivers and Challenges
Figure 2: Global: Biocatalyst Market: Volume Trends (in Kilo Tons), 2016-2021
Figure 3: Global: Biocatalyst Market: Breakup by Type (in %), 2021
Figure 4: Global: Biocatalyst Market: Breakup by Region (in %), 2021
Figure 5: Global: Biocatalyst Market: Breakup by Application (in %), 2021
Figure 6: Global: Biocatalyst Market: Breakup by Source (in %), 2021
Figure 7: Global: Biocatalyst Market Forecast: Volume Trends (in Kilo Tons), 2022-2027
Figure 8: Global: Biocatalyst Market: Average Prices (in US$/Ton), 2016-2021
Figure 9 Biocatalyst Market: Price Structure (US$/Ton)
Figure 10: Global: Biocatalyst Industry: SWOT Analysis
Figure 11: Global: Biocatalyst Industry: Value Chain Analysis
Figure 12: Global: Biocatalyst Industry: Porter’s Five Forces Analysis
Figure 13: Global: Hydrolases Market: Volume Trends (in Kilo Tons), 2016 & 2021
Figure 14: Global: Hydrolases Market Forecast: Volume Trends (in Kilo Tons), 2022-2027
Figure 15: Global: Oxidoreductases Market: Volume Trends (in Kilo Tons), 2016 & 2021
Figure 16: Global: Oxidoreductases Market Forecast: Volume Trends (in Kilo Tons), 2022-2027
Figure 17: Global: Transferases Market: Volume Trends (in Kilo Tons), 2016 & 2021
Figure 18: Global: Transferases Market Forecast: Volume Trends (in Kilo Tons), 2022-2027
Figure 19: Global: Other Biocatalyst Market: Volume Trends (in Kilo Tons), 2016 & 2021
Figure 20: Global: Other Biocatalyst Market Forecast: Volume Trends (in Kilo Tons), 2022-2027
Figure 21: Europe: Biocatalyst Market: Volume Trends (in Kilo Tons), 2016 & 2021
Figure 22: Europe: Biocatalyst Market Forecast: Volume Trends (in Kilo Tons), 2022-2027
Figure 23: North America: Biocatalyst Market: Volume Trends (in Kilo Tons), 2016 & 2021
Figure 24: North America: Biocatalyst Market Forecast: Volume Trends (in Kilo Tons), 2022-2027
Figure 25: Asia-Pacific: Biocatalyst Market: Volume Trends (in Kilo Tons), 2016 & 2021
Figure 26: Asia-Pacific: Biocatalyst Market Forecast: Volume Trends (in Kilo Tons), 2022-2027
Figure 27: Latin America: Biocatalyst Market: Volume Trends (in Kilo Tons), 2016 & 2021
Figure 28: Latin America: Biocatalyst Market Forecast: Volume Trends (in Kilo Tons), 2022-2027
Figure 29: Middle East and Africa: Biocatalyst Market: Volume Trends (in Kilo Tons), 2016 & 2021
Figure 30: Middle East and Africa: Biocatalyst Market Forecast: Volume Trends (in Kilo Tons), 2022-2027
Figure 31: Global: Biocatalyst (Food and Beverage Industry) Market: Volume Trends (in Kilo Tons), 2016 & 2021
Figure 32: Global: Biocatalyst (Food and Beverage Industry) Market Forecast: Volume Trends (in Kilo Tons), 2022-2027
Figure 33: Global: Biocatalyst (Cleaning Agent Industry) Market: Volume Trends (in Kilo Tons), 2016 & 2021
Figure 34: Global: Biocatalyst (Cleaning Agent Industry) Market Forecast: Volume Trends (in Kilo Tons), 2022-2027
Figure 35: Global: Biocatalyst (Biofuel Production Industry) Market: Volume Trends (in Kilo Tons), 2016 & 2021
Figure 36: Global: Biocatalyst (Biofuel Production Industry) Market Forecast: Volume Trends (in Kilo Tons), 2022-2027
Figure 37: Global: Biocatalyst (Agriculture and Feed Industry) Market: Volume Trends (in Kilo Tons), 2016 & 2021
Figure 38: Global: Biocatalyst (Agriculture and Feed Industry) Market Forecast: Volume Trends (in Kilo Tons), 2022-2027
Figure 39: Global: Biocatalyst (Biopharmaceuticals Industry) Market: Volume Trends (in Kilo Tons), 2016 & 2021
Figure 40: Global: Biocatalyst (Biopharmaceuticals Industry) Market Forecast: Volume Trends (in Kilo Tons), 2022-2027
Figure 41: Global: Biocatalyst (Others Industry) Market: Volume Trends (in Kilo Tons), 2016 & 2021
Figure 42: Global: Biocatalyst (Others Industry) Market Forecast: Volume Trends (in Kilo Tons), 2022-2027
Figure 43: Global: Biocatalyst (Microorganisms) Market: Volume Trends (in Kilo Tons), 2016 & 2021
Figure 44: Global: Biocatalyst (Microorganisms) Market Forecast: Volume Trends (in Kilo Tons), 2022-2027
Figure 45: Global: Biocatalyst (Plants) Market: Volume Trends (in Kilo Tons), 2016 & 2021
Figure 46: Global: Biocatalyst (Plants) Market Forecast: Volume Trends (in Kilo Tons), 2022-2027
Figure 47: Global: Biocatalyst (Animal) Market: Volume Trends (in Kilo Tons), 2016 & 2021
Figure 48: Global: Biocatalyst (Animal) Market Forecast: Volume Trends (in Kilo Tons), 2022-2027
Figure 49: Global: Biocatalyst Market: Breakup by Key Players (in %), 2021
List of Tables
Table 1: Global: Biocatalyst Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Biocatalyst Market Forecast: Breakup by Type (in Kilo Tons), 2022-2027
Table 3: Global: Biocatalyst Market Forecast: Breakup by Region (in Kilo Tons), 2022-2027
Table 4: Global: Biocatalyst Market Forecast: Breakup by Application (in Kilo Tons), 2022-2027
Table 5: Global: Biocatalyst Market Forecast: Breakup by Source (in Kilo Tons), 2022-2027
Table 6: Global: Biocatalyst Market: Competitive Structure
Table 7: Global: Biocatalyst Market: Key Players