Global Microbial Lipase Market is expected to reach USD 600.10 billion by 2025, from USD 400.6 billion in 2017 growing at a CAGR of 6.8% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2015 & 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Global Microbial Lipase Market, By Application (Cleaning Agents, Animal Fee, Dairy Products, Bakery Products, Confectionery Products, Other), By Form (Powder, Liquid), By Source (Fungi, Bacteria), By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2025
The global microbial lipase 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 microbial lipase market for global, Europe, North America, Asia Pacific and South America.
Major Market Competitors/Players:
- DSM, Chr.
- Amano Enzymes Inc,
- Associated British Foods,
- Advanced Enzymes,
- Enzyme Development Corporation,
- Aumgene Biosciences,
- Meito Sangyo Co., Ltd.,
- Creative Enzymes,
- Clerici-Sacco Group,
- Renco New Zealand
- Enzyme Development Corporation,
- Advanced Enzymes
- among others.
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Major Market Drivers and Restraints:
- Advantages of microbial lipases over animal and plant lipases
- Increasing awareness about animal health and quality of animal produce
- Increasing consumption of enzyme modified cheese (EMC) and enzyme modified dairy ingredients (EM growing demand in new applications)
- Lack of transparency in patent protection laws
- Absence of uniform regulatory structure
Market Segmentation: Global Microbial Lipase Market
- The microbial lipase market is segmented based on application, form, source and geographical segments.
- Based on application, the market is segmented into cleaning agents, animal fee, dairy products, bakery products, and confectionery products and other.
- On the basis of form, the market is classified into powder and liquid
- On the basis of source, the market is classified into fungi and bacteria.
- Based on geography, the microbial lipase market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.
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