Global Pectinase Market Growth 2023-2029

Global Pectinase Market Growth 2023-2029

Pectinase is a light yellow powdery substance, which refers to the enzymes that decompose the main component of plants - pectin. Pectinase is widely distributed in higher plants and microorganisms, mainly through liquid submerged fermentation and purification to produce pectin biological enzyme preparations in colleges and universities. It is generally used to make some beverages such as wine, fruit juice, vegetables and other beverages and plays a significant role in food processing. The principle of action of pectinase is mainly by decomposing pectin and decomposing it into two components: oligogalacturonic acid and galacturonic acid. Pectinase can be used in the brewing of vegetable juice, fruit juice and wine to improve the juice yield.

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

This Insight Report provides a comprehensive analysis of the global Pectinase 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 Pectinase portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Pectinase market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Pectinase 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 Pectinase.

The global Pectinase market size is projected to grow from US$ 321.3 million in 2022 to US$ 416.5 million in 2029; it is expected to grow at a CAGR of 416.5 from 2023 to 2029.

Novozymes, DuPont (IFF) and DSM are the top 3 companies in global pectinase market and account for about 60% of total market share. Geographically speaking, Europe holds about 40% of global market share, followed by China with about 20% share. In terms of type, Pectinesterase segment holds an main share of about 30%. In terms of application, food and juice industry segment accounts for over 50% of the global share.

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

Market Segmentation:

Segmentation by type
Protopectinases
Polygalacturonases
Pectin lyases
Pectinesterase

Segmentation by application
Food and Juice
Feed Industry
Wine-making
Textile
Biomass
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
DuPont
DSM
AB Enzymes
Shandong Longda
VTR Bio-Tech
Vland Biotech
Advanced Enzymes
Enartis
CJ Youtell
Sukahan Bio-Technology
Doing-Higher
Antozyme Biotech
Creative Enzymes

Key Questions Addressed in this Report

What is the 10-year outlook for the global Pectinase market?

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

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

How do Pectinase market opportunities vary by end market size?

How does Pectinase 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.