January 30, 2023

The growing demand for meat, alcoholic beverages, and dairy products are expected to spur opportunities for the global protease market, states Fortune Business Insights, in a report, titled “Protease Market Size, Share & Industry Analysis, By Source (Plant, Animal, Microbial), By Type (Papain, Trypsin, Serine, Casein, Alkaline Protease, Others (Chymotrypsin, bromelain)), By Application (Food and Beverages, Animal Feed, Pharmaceuticals)and Regional Forecast, 2022-2029.” The surging demand for alcoholic beverages is expected to aid the expansion of the market.

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The Report Lists the Key Companies in the Protease Market:

  • ABF Ingredients
  • Ei DuPont de Nemours and co.
  • Koninklijke DSM N.V.
  • Novozymes A/S.
  • Advanced Enzyme Technologies Limited
  • Merck KGaA
  • Noor Enzymes Pvt Ltd.
  • Amano Enzyme USA Co., Ltd.
  • Biocatalysts Ltd.
  • Hansen Holdings A/S

The report on the protease market incorporates:

  • In-depth study of the market
  • Profound insights into the competitive landscape
  • Dominant regions
  • Key insights into the latest developments
  • Precise data about

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Driving Factor:

Launch of GreeNourish by Specialist Supplements to Aid Expansion

Specialist Supplements, a major UK-based leader of health foods, supplements, and herbal formulas, announced the launch of GreeNourish complete, an organic superfood blend. It comprises bromelain, papain, and other nutrients to improve health and body function at the cellular level. Furthermore, the increasing demand for dairy products is expected to spur opportunities for the market. The non-food application of proteases such as in the pharmaceuticals and detergents sector is expected to promote the market’s growth. The growing demand for beer among consumers is expected to bolster the development of the market. The booming alcoholic beverage industry is expected to amplify the need for protease during the forecast period. Proteases are included in food products to enhance their nutritional value, food proteins digestibility, and solubility. They modify the functional possessions, coagulation, texture, and emulsification of food products. The proteases are extensively used in the bakery to produce bread and other baked foods as it reduces the mixing time and regulates the gluten strength.

However, the extraction procedures for proteases from the microbes is comparatively expensive and time-consuming, which, in turn, can restrict the market growth.

Market Segments:

Alkaline Protease to Dominate the Market

Alkaline protease is expected to hold the largest share due to its use in the soap and detergent industry. The ability of proteases to improve brewing, tenderization of meat, coagulation of milk, and digestive aid has led to a broadened application spectrum within the food and beverages industry. The prominent protease source is from the micro-organisms as it is easily procurable and feasible for use. Papain leads among the other types due to its health benefits such as boosting digestion, acting as an antioxidant, and being more heat resistant.

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Regional Analysis:

Heavy Demand for Processed Food to Foster Growth in Asia Pacific

The market in Asia Pacific is expected to hold the largest share in the global market. The rising urbanization and growing disposable income of consumers are expected to enhance the region’s development. The increasing demand for processed foods coupled with the booming animal feed industry is expected to escalate the region’s growth. North America is expected to hold a significant share in the global market during the forecast period due to the growing consumer awareness about vegan and gluten-free products. The surging demand for meat and fortified foods in the US can enable speedy expansion of the market. Europe is expected to expand radically during the forecast period due to the increasing consumption of dietary supplements and alcoholic beverages. The growing inclination towards health and fitness among consumers is expected to boost the protease market growth during the forecast period. . The surging demand for bakery products is expected to further aid development in the region.

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