The global demand for Protease Market is presumed to reach the market size of nearly USD 5.15 MN by 2028 from USD 3.21 MN in 2021 with a CAGR of 7% under the study period 2022 - 2028.
A protease is also known as a peptidase or proteinase. It is an enzyme that catalyzes proteolysis, the process by which proteins are broken down into smaller polypeptides or single amino acids. It is the most important class of enzymes across several sectors, particularly in the food, detergent, and pharmaceutical industries. Protease comes from three different types of sources: animal, plant, and microbial. Trypsin, pepsin, renin, and other animal-derived enzymes; plant-derived enzymes include papain, bromelain, and others; and microbial enzymes include alkaline protease, acid protease, and neutral protease.
Market Dynamics
Protease is environmentally safe, and its non-toxic and non-pathogenic properties are additional benefits that have resulted in a market boom. Protease enzymes are increasingly being used to create packaged food products due to their numerous benefits, including lower food processing costs. Protease aids in the digestion of some foods and is required to produce several FMCG foods like bread, cookies, and other bakery items. Moreover, in the food industry, proteases like bromelain, ficin, actinidin, papain, and calpain are often employed to improve meat tenderness through proteolytic degradation. Food vendors and producers widely use protease treatment because it is essential for breaking structural proteins in connective tissues, reducing meat hardness. Furthermore, proteases find widespread uses in healthcare due to their multiple benefits like stimulating the immune system, mending skin burns, preventing inflammatory bowel diseases, and preventing stomach ulcers. Therefore, rising healthcare and pharmaceuticals applications are expected to augment market growth. Hence, varied applications of protease across multiple industries are significantly contributing to the market growth.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of protease. The growth and trends of protease industry provide a holistic approach to this study.
Market Segmentation
This section of the protease market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Source
By Applications
- Food & Beverages
- Healthcare
- Animal Feed
By Production
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Protease market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Protease Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the protease market include Chr. Hansen Holdings A/S, E.I. du Pont de Nemours and Company, Associated British Foods plc, Koninklijke DSM N.V., Novozymes A/S, Dyadic International Incorporated, Advanced Enzyme Technologies Ltd., Biocatalysts Limited, Amano Enzyme Inc., Specialty Enzymes and Biotechnologies. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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