Global Microbial Lipase Market Growth 2023-2029

Global Microbial Lipase Market Growth 2023-2029

The market has been largely driven by the increasing awareness about animal health & quality of animal produce and increasing consumption of enzyme-modified cheese (EMC) & enzyme-modified dairy ingredients (EMDI).

LPI (LP Information)' newest research report, the “Microbial Lipase Industry Forecast” looks at past sales and reviews total world Microbial Lipase sales in 2022, providing a comprehensive analysis by region and market sector of projected Microbial Lipase sales for 2023 through 2029. With Microbial Lipase sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Microbial Lipase industry.

This Insight Report provides a comprehensive analysis of the global Microbial Lipase landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Microbial Lipase portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Microbial Lipase market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Microbial Lipase and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Microbial Lipase.

The global Microbial Lipase market size is projected to grow from US$ 341.6 million in 2022 to US$ 500.3 million in 2029; it is expected to grow at a CAGR of 500.3 from 2023 to 2029.

The Asia Pacific region dominated the market for microbial lipases, owing to the increase in consumption of dairy products by the population in the region, which has fueled the growth of the processed dairy products industry in the region.

This report presents a comprehensive overview, market shares, and growth opportunities of Microbial Lipase market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Powder
Liquid

Segmentation by application
Cleaning Agents
Animal Feed
Dairy Products
Bakery Products
Confectionery Products
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Novozymes (Denmark)
DSM (Netherlands)
Chr. Hansen (Denmark)
Amano Enzymes (Japan)
Associated British Foods (UK)
Dow (US)
Advanced Enzymes (India)
Enzyme Development Corporation (US)
Aumgene Biosciences (India)
Biocatalysts (UK)
Meito Sangyo Co., Ltd (Japan)
Creative Enzymes (US)

Key Questions Addressed in this Report

What is the 10-year outlook for the global Microbial Lipase market?

What factors are driving Microbial Lipase market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Microbial Lipase market opportunities vary by end market size?

How does Microbial Lipase break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.