Lipase Market Size
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 448.78 Million |
| Market Size (2029) | USD 645.18 Million |
| CAGR (2024 - 2029) | 7.53 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Europe |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Lipase Market Analysis
The Lipase Market size is estimated at USD 448.78 million in 2024, and is expected to reach USD 645.18 million by 2029, growing at a CAGR of 7.53% during the forecast period (2024-2029).
- Lipases are majorly derived from microbial sources, compared to animal sources, due to several features, such as the variety of catalytic activities, high production capacity in a short time, and easy genetic manipulations.
- The rising awareness among people, about the need for healthy and non-chemical ingredients, is pushing several industries including animal feed to uselipase enzymes.
- The lack of transparency in the laws and regulations, concerninglipase patentsacross the world, is a primary restraining factor for the market growth.
Lipase Market Trends
This section covers the major market trends shaping the Lipase Market according to our research experts:
Wide Application In Food And Beverage Industry
Microbial lipases are widely used in the food industry, due to their substrate specificity. They work under mild conditions and are highly stable in organic solvents. Some of the common lipases used in the food industry include lysophospholipase, phospholipase, triacylglycerol, and so on. They are widely used in the processing of fats and oils, such as: modification of flavors through the synthesis of esters of short-chain fatty acids or selective hydrolysis of fat triglycerides to release free fatty acids, elimination of fat content in several food products, such as meat and fish products, to produce lean meat and also the lipases play a vital role at the fermenting stage of sausage manufacturing, by manipulating long-chain fatty acids, which are released during ripening.
Europe Holds A Significant share in The Market
Growing demand for processed foods, coupled with increasing awareness about health-conscious products is significantly propelling the growth of enzymes including lipase in the European food industry, which in turn is driving the growth of the world’s lipase market. In terms of the type segmentation, carbohydrases dominate the market, followed by proteases and lipases. Due to the high consumption of bread and baked goods in Europe, the bakery is the largest application segment in the region. In the bakery segment, lipase help by improving dough stability and increasing the shelf life of end products. The use of lipase in the dairy industry comes in second with the wide use of lipase in cheese processing. New technologies are emerging in Europe to produce genetically modified organisms strains, which can perform in adverse operational conditions and improve process efficiency.
Lipase Industry Overview
The global lipase market is a highly competitive and fragmented market with increasing presence of global as well as regional players across the globe. Owing to the wide application of lipase in different end-user industries the active players are embarking on expanding their production facility as well as product innovation to attain significant market share in the global market. Some of the major players are expanding their global presence by acquiring small scale manufacturers in foreign countries. While companies such as DuPont, are investing in marketing and branding to increase their product promotion and achieve strong sale.
Lipase Market Leaders
-
Chr. Hansen Holdings A/S
-
Koninklijke DSM N.V.
-
Associated British Foods PLC
-
E. I. Du Pont De Nemours and Company
-
Advanced Enzyme Tech
*Disclaimer: Major Players sorted in no particular order
Lipase Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Deliverables
- 1.2 Study Assumptions
- 1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Drivers
- 4.2 Market Restraints
-
4.3 Porter's Five Forces Analysis
- 4.3.1 Threat of New Entrants
- 4.3.2 Bargaining Power of Buyers/Consumers
- 4.3.3 Bargaining Power of Suppliers
- 4.3.4 Threat of Substitute Products
- 4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
-
5.1 By Source
- 5.1.1 Animal
- 5.1.2 Microbial
-
5.2 By Application
- 5.2.1 Dairy
- 5.2.2 Bakery and Confectionery
- 5.2.3 Animal Feed
- 5.2.4 Other Applications
-
5.3 Geography
- 5.3.1 North America
- 5.3.1.1 United States
- 5.3.1.2 Canada
- 5.3.1.3 Mexico
- 5.3.1.4 Rest of North America
- 5.3.2 Europe
- 5.3.2.1 Spain
- 5.3.2.2 United Kingdom
- 5.3.2.3 France
- 5.3.2.4 Germany
- 5.3.2.5 Italy
- 5.3.2.6 Rest of Europe
- 5.3.3 Asia-Pacific
- 5.3.3.1 China
- 5.3.3.2 Japan
- 5.3.3.3 India
- 5.3.3.4 Australia
- 5.3.3.5 Rest of Asia-Pacific
- 5.3.4 Rest of the World
- 5.3.4.1 South America
- 5.3.4.2 Middle East
- 5.3.4.3 Africa
6. COMPETITIVE LANDSCAPE
- 6.1 Market Share Analysis
- 6.2 Strategies Adopted by Players
- 6.3 Most Active Companies
-
6.4 Company Profiles
- 6.4.1 Chr. Hansen Holdings A/S
- 6.4.2 Koninklijke DSM N.V.
- 6.4.3 Associated British Foods PLC
- 6.4.4 E. I. Du Pont De Nemours and Company
- 6.4.5 Advanced Enzyme Tech
- 6.4.6 Amano Enzyme
- 6.4.7 Clerici-Sacco Group
- 6.4.8 Renco Newzealand
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Lipase Industry Segmentation
The lipase is derived from two main sources which include animals and microorganisms (fungal lipase). The lipase different sources have wide applications in different end-user industries such as dairy. bakery and confectionery, animal feed and others. Also, the market is studied for different countries under each region to give a broader perspective.
| By Source | Animal | |
| Microbial | ||
| By Application | Dairy | |
| Bakery and Confectionery | ||
| Animal Feed | ||
| Other Applications | ||
| Geography | North America | United States |
| Canada | ||
| Mexico | ||
| Rest of North America | ||
| Geography | Europe | Spain |
| United Kingdom | ||
| France | ||
| Germany | ||
| Italy | ||
| Rest of Europe | ||
| Geography | Asia-Pacific | China |
| Japan | ||
| India | ||
| Australia | ||
| Rest of Asia-Pacific | ||
| Geography | Rest of the World | South America |
| Middle East | ||
| Africa |
Lipase Market Research FAQs
How big is the Lipase Market?
The Lipase Market size is expected to reach USD 448.78 million in 2024 and grow at a CAGR of 7.53% to reach USD 645.18 million by 2029.
What is the current Lipase Market size?
In 2024, the Lipase Market size is expected to reach USD 448.78 million.
Who are the key players in Lipase Market?
Chr. Hansen Holdings A/S, Koninklijke DSM N.V., Associated British Foods PLC, E. I. Du Pont De Nemours and Company and Advanced Enzyme Tech are the major companies operating in the Lipase Market.
Which is the fastest growing region in Lipase Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Lipase Market?
In 2024, the Europe accounts for the largest market share in Lipase Market.
What years does this Lipase Market cover, and what was the market size in 2023?
In 2023, the Lipase Market size was estimated at USD 417.35 million. The report covers the Lipase Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Lipase Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Lipase Industry Report
Statistics for the 2024 Lipase market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Lipase analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
