Japan Biocatalyst Market to Reach 10.8 Kilo Tons by 2032, Propelled by the Rapid Growth in the Field of Biotechnology

August 23, 2022 | Chemical & Materials

The latest report by IMARC Group, titled “Japan Biocatalyst Market Report by Type (Hydrolases, Oxidoreductases, Transferases, and Others), Application (Food and Beverage, Cleaning Agents, Biofuel Production, Agriculture and Feed, Biopharmaceuticals, and Others), Source (Microorganisms, Plants, Animal), and Region 2024-2032”, finds that the Japan biocatalyst market size reached 6.1 Kilo Tons in 2023. Biocatalysts refer to a type of enzymes or microbes present in living organisms such as animals, plants, and microorganisms. They assist in modifying or improving the rate of a chemical reaction in a living body. They are biodegradable and organic and possess a high catalytic efficiency along with the capability to function under mild conditions. In recent years, biocatalysts have gained traction in Japan due to their extensive application in the pharmaceutical industry to produce statins, antibodies, amino acids, and vitamins.


Japan Biocatalyst Market Trends:

One of the primary factors driving the market is the significant expansion in the field of biotechnology. Additionally, due to the environment-friendly nature of biocatalysts, they are being extensively adopted for numerous industrial and commercial applications, thereby creating a positive market outlook. Other than this, the increasing awareness about the advantages of biocatalysts and their environmental sustainability is boosting their demand in various industry verticals, such as food and beverage (F&B), starch processing, detergents, and textiles. Besides this, the widespread adoption of biocatalysts in the production of biofuels and biopharmaceuticals is strengthening the market growth. Apart from this, key players are introducing distinctive enzyme products in the market to help them expand their product portfolio, thus contributing to the market growth. Moreover, the rising environmental awareness, along with the lesser synthetic production pathway, reduced waste, and co-products, are augmenting the market growth. Other growth-inducing factors include extensive research and development (R&D) activities performed by key players to expand their consumer base and constant technological improvements. Looking forward, IMARC Group expects the market to reach 10.8 Kilo Tons by 2032, expanding at a CAGR of 6.4% during the forecast period (2024-2032).


Market Summary:

  • Based on the type, the market has been divided into hydrolases, oxidoreductases, transferases, and others.
  • On the basis of the application, the market has been segmented into food and beverage, cleaning agent, biofuel production, agriculture and feed, biopharmaceuticals, and others.
  • Based on the source, the market has been segregated into microorganisms, plants, and animals.
  • Region-wise, the market has been classified into Kanto, Kinki, Central/Chubu, Kyushu-Okinawa, Tohoku, Chugoku, Hokkaido, and Shikoku region.
  • The competitive landscape of the market has also been analyzed, along with detailed profiles of key players operating the industry.


Report Scope:

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, Region
Region Covered Kanto Region, Kinki Region, Central/ Chubu Region, Kyushu-Okinawa Region, Tohoku Region, Chugoku Region, Hokkaido Region, Shikoku Region
Customization Scope 10% Free Customization
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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Japan Biocatalyst Market to Reach 10.8 Kilo Tons by 2032, Propelled by the Rapid Growth in the Field of Biotechnology
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