Europe Biocatalyst Market Report by Type (Hydrolases, Oxidoreductases, Transferases, and Others), Application (Food and Beverages, Cleaning Agent, Biofuel Production, Agriculture and Feed, Biopharmaceuticals, and Others), Source (Microorganisms, Plants, Animals), and Country 2024-2032

Europe Biocatalyst Market Report by Type (Hydrolases, Oxidoreductases, Transferases, and Others), Application (Food and Beverages, Cleaning Agent, Biofuel Production, Agriculture and Feed, Biopharmaceuticals, and Others), Source (Microorganisms, Plants, Animals), and Country 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A4914
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Market Overview:

The Europe biocatalyst market size reached 52.4 Kilo Tons in 2023. Looking forward, IMARC Group expects the market to reach 72.1 Kilo Tons by 2032, exhibiting a growth rate (CAGR) of 3.5% during 2024-2032.

Report Attribute 
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023
52.4 Kilo Tons
Market Forecast in 2032
72.1 Kilo Tons
Market Growth Rate 2024-2032 3.5%


Biocatalysts refer to enzymes or microbes that accelerate or initiate chemical reactions in a living body. Generally present in plants, animals and microorganisms, they help modify the rate of chemical reactions and the conversion of organic compounds. They are biodegradable and organic in nature while being characterized by superior catalytic efficiency. Consequently, they are utilized to manufacture statins, antibodies, amino acids and vitamin supplements in the pharmaceutical industry.

 

 
 

 

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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The market in Europe is primarily driven by an enhanced focus on sustainable development. This has impelled multiple key players in the region to engage in partnerships and merger and acquisition (M&A) activities to create numerous growth opportunities in the market. Other factors, such as extensive research and development (R&D), along with rapid substitution of chemical catalysts with biocatalysts across industries and technological advancements in the product process, are creating a positive outlook for the market further across the region.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the Europe biocatalyst market report, along with forecasts at the regional and country level from 2024-2032. Our report has categorized the market based on type, application and source.

Breakup by Type:

 

 
 

 

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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  • Hydrolases
  • Oxidoreductases
  • Transferases
  • Others
     

Breakup by Application:

  • Food and Beverages
  • Cleaning Agent
  • Biofuel Production
  • Agriculture and Feed
  • Biopharmaceuticals
  • Others
     

Breakup by Source:

  • Microorganisms
  • Plants
  • Animals
     

Breakup by Country:

  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Others
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units Kilo Tons
Segment Coverage Type, Application, Source, Country
Countries Covered Germany, France, United Kingdom, Italy, Spain, Others
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

The Europe biocatalyst market reached a volume of 52.4 Kilo Tons in 2023.          

We expect the Europe biocatalyst market to exhibit a CAGR of 3.5% during 2024-2032.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several European nations resulting in temporary closure of numerous end-use industries for biocatalysts.

The rising demand for biocatalyst in the production of biofuels and biopharmaceuticals owing to its environment sustainability is primarily driving the Europe biocatalyst market.

Based on the type, the Europe biocatalyst market can be categorized into hydrolases, oxidoreductases, transferases, and others. Currently, hydrolases account for the majority of the total market share.

Based on the application, the Europe biocatalyst market has been segregated into food and beverages, cleaning agent, biofuel production, agriculture and feed, biopharmaceuticals, and others. Among these, food and beverages currently hold the largest market share.

Based on the source, the Europe biocatalyst market can be bifurcated into microorganisms, plants, and animals. Currently, microorganisms exhibit a clear dominance in the market.

On a regional level, the market has been classified into Germany, France, United Kingdom, Italy, Spain, and others, where Germany currently dominates the Europe biocatalyst market.

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Europe Biocatalyst Market Report by Type (Hydrolases, Oxidoreductases, Transferases, and Others), Application (Food and Beverages, Cleaning Agent, Biofuel Production, Agriculture and Feed, Biopharmaceuticals, and Others), Source (Microorganisms, Plants, Animals), and Country 2024-2032
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