Global Lipase Market
Report Highlights
Global Lipase Market
By Source (Animal Lipases, Microbial Lipases), By Application (Lipases in Diary, Confectionery, Bakery, Animal Feed and Others), By Region (North America, Europe, Asia- Pacific and Rest of the World).
Market Overview:
The Global Lipase Market was valued at USD 464.2 million in 2016 and is projected to reach USD 797.7 million by 2025, growing at a CAGR of 6.2% from 2017 to 2025.
Lipase is one of the highest growing markets in the enzymes market because of the numerous health benefits. One of the main functions is breaking down of fats into glycerol and fatty acids. It maintains the cholesterol level in the body and reduces you’re appetite as well. The production of Lipases happens with the help of fungi, bacteria and yeast. Consumption of Lipase prevents Diabetes, Cholesterol and Obesity.
Market Dynamics:
1. Market Drivers
1.1 Major health benefits
1.2 High awareness about animal health
1.3 High rise in demand for quality animal products.
2. Market Restraints
2.1 No transparency in Protection Laws.
Market Segmentation:
The Lipase Market is segmented on the basis of Source, Application and Region.
1. By Source :
1.1 Animal Lipases
1.2 Microbial Lipases
2. By Application:
2.1 Lipase in Dairy
2.2 Lipase in Confectionery
2.3 Lipase in Bakery
2.4 Lipase in Animal Feed
2.5 Lipase in Others
3. By Region:
3.1 North America (U.S., Canada, Mexico)
3.2 Europe (Germany, UK, France, Rest of Europe)
3.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
3.4 Latin America (Brazil, Argentina, Rest of Latin America)
3.5 Middle East & Africa
Competitive Landscape:
The major players in the market are as follows:
1. Koninklijke DSM N.V
2. Novozymes A/S
3. Amano Enzymes Inc.
4. E. I. Du Pont De Nemours and Company (Genencor)
5. Clerici-Sacco Group
6. Renco New Zealand
7. Enzyme Development Corporation
8. Chr. Hansen Holdings A/S
9. Associated British Foods PLC
10. Advanced Enzymes
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Lipase Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. 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.
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