(Food-Beverage-News.Com, May 08, 2018 ) The 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.
Some of the major players operating in the microbial lipase market are – Novozymes, DSM, Chr. Hansen, Amano Enzymes Inc, Associated British Foods, Dowdupont, Advanced Enzymes, Enzyme Development Corporation, Aumgene Biosciences, Biocatalysts, Meito Sangyo Co., Ltd., Creative Enzymes, Clerici-Sacco Group, Renco New Zealand and Enzyme Development Corporation, Advanced Enzymes among others.
Lipases are the enzymes help in the hydrolysis of fats and reduce the formation of glycerol and fatty acids in all living beings. Microbial lipase plays a vital role in the process of digestion by processing the ester bonds in triglycerides. They also keep pancreatic enzymes at an optimum level. Health disorders such as bloating, indigestion and abdominal discomfort are caused by the consumption of high carbohydrate and fatty food items. Lipases help in the prevention of diabetes, cholesterol, obesity and high triglycerides. Lipases are generally produced by microbial sources such as fungi, yeast and bacteria. Bacteria and fungi lipases are preferred the most in the enzymes industry. The lipase industry is expected to witness increasing demand in food and beverage industry, oleo chemical industry, cosmetic industry and biosensors industry. According to an article published in 2016 by Food & Beverage Industry Trend Report the global food & beverage industry is expected to have a global market value of USD 20 trillion by the end of the year 2030, and the market had a growth rate of 2.4% of the overall e-commerce market in the year in the year 2015. The major players in the microbial lipase are making various developments such as launch of new products, opening new research and development centres, and new plants for contributing to the growth of the microbial lipase market. In the year 2012, Advanced Enzymes, India’s leading manufacturer of industrial enzymes, had set up an ultra-modern manufacturing facility near Indore. The new plant has an area of 38400 Sq. metres and enabled Advanced Enzymes to increase its fermentation capacity from 120 m3 to 400 m3. The facility is designed in such a way, that a further fermentation capacity of 600m3 can be added up in the same plant with minimal incremental investment in the near future.
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.
This Report Offering:
- What will the market size and the growth rate be in 2025?
- What are the key factors driving the global Microbial Lipase market?
- What are the key market trends impacting the growth of the global Microbial Lipase market?
- What are the challenges to market growth?
- Who are the key vendors in the global Microbial Lipase market?
- What are the market opportunities and threats faced by the vendors in the global Microbial Lipase market?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA.
- What are the key outcomes of the five forces analysis of the global Microbial Lipase market?
