Market Analysis and Insights:- Global Proteases Market
Global Proteases Market By Source (Animal, Plant, Microbial), Application (Food & Beverages, Livestock Feed, Soaps & Detergent, Pharmaceuticals, Others), Production (Fermentation, Extraction), Formulation (Liquid Formulation, Lyophilized Powder, Other), Product (Animal, Plant, Microbial), Type (Trypsin, Renin, Pepsin, Papain, Alkaline Protease), Form (Liquid, Powder), Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2026
Market Analysis: Global Proteases Market
Global proteases market is projecting a rise in estimated value by 2026, registering a substantial CAGR of 6.3% in the forecast period of 2019-2026 due to widely use in the formulation of food for infants, significantly use in detergent and laundry and advancement in research and development for proteases
Market Definition: Global Proteases Market
Proteases is an enzyme which is responsible for breakdown of long chain molecules of proteins into smaller one and reduces it to amino acids. The enzymes are secreted in animals and perform various functions such as degradation of protein and activation synthesis. It has wide application in food industry, detergent, pharmaceuticals and chemical industries. The market is driven by different factors including rapid urbanization and rise in food industry.
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Market Drivers:
• Significant use in detergent and laundry may act as a catalyst for the market growth
• Advancement in research and development for proteases might accelerate the market growth
• Rapid urbanization and rise in pharmaceuticals would enhance the market growth
• Growing environmental concern is acting as a driver for the market growth
Market Restraints:
• Restraints and regulations imposed by governmental bodies can restrict the market growth
• Patent protection laws are not transparent which may restraint the market growth
• Limited and ineffective storage facilities might hamper the market growth
Segmentation: Global Proteases Market
By Source
• Animal
• Plant
• Microbial
o Fungal
o Bacterial
o Viral
By Application
• Food & Beverages
• Livestock Feed
• Soaps & Detergent
• Pharmaceuticals
• Others
o Textile & Leather
o Waste Management
o Chemical Industries
o Silver Recovery
o Photography
o Biofuel
By Production
• Fermentation
• Extraction
By Formulation
• Liquid Formulation
• Lyophilized Powder
• Other
o Granular
o Gel
By Product
• Animal
o Trypsin
o Renin
o Pepsin
o Others
o Chymotrypsin
o Thrombin
o Elastase
o Cathepsin G
• Plant
o Papain
o Bromelain
o Others
o Keratinases
o Ficin
• Microbial
o Alkaline
o Acid stable
o Neutral
o Other
o Proteinase K
o Peptidase
o Fungal Acid Protease
By Type
• Trypsin
• Renin
• Pepsin
• Papain
• Alkaline Protease
By Form
• Liquid
• Powder
By Geography
• North America
o U.S.
o Canada
o Mexico
• South America
o Brazil
o Argentina
o Rest of South America
• Europe
o Germany
o Sweden
o Poland
o Denmark
o Italy
o U.K.
o France
o Spain
o Netherlands
o Belgium
o Switzerland
o Turkey
o Russia
o Rest of Europe
• Asia-Pacific
o Japan
o China
o India
o South Korea
o New Zealand
o Vietnam
o Australia
o Singapore
o Malaysia
o Thailand
o Indonesia
o Philippines
o Rest of Asia-Pacific
• Middle East and Africa
o UAE
o Saudi Arabia
o Oman
o Qatar
o Kuwait
o South Africa
o Rest of Middle East and Africa

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Key Developments in the Market
• In September 2017, Marizyme, Inc. focussed to acquire protease drug platform. Marizyme, Inc. went in to an asset purchase agreement for protease drug platform with the aim to develop an acute care and extensive clinical testing company that can target in saving the life of people address the unmet medical needs specially in the acute care setting
• In October 2016, BASF launched a new protease enzyme product line named Lavergy. The new protease Lavergy would set the standards in liquid detergent. The new enzyme based liquid detergents helped BASF to enter into a new product line. This enzyme based detergent are useful for industrial & institutional cleaning industries and home care
Competitive Analysis
Global proteases market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of proteases market for Global, Europe, North America, Asia Pacific and South America.
Major Market Competitors/Players
Few of the major competitors currently working global proteases market are Advanced Enzyme Technologies, Associated British Foods plc, DuPont, Novozymes, Dyadic International Inc, Biocatalysts, Specialty Enzymes & Probiotics, Noor Enzymes Pvt Ltd, Merck KGaA, Solvay, AB Enzymes, Jiangsu Boli Bioproducts Co., Ltd, Amano Enzyme Inc, Koninklijke DSM N.V., ENMEX, F. Hoffmann-La Roche Ltd, Lonza, Adisseo, BASF SE and others
Research Methodology: Global Proteases Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
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The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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