Global Protease Market Growth 2023-2029

Global Protease Market Growth 2023-2029

A protease (also called a peptidase or proteinase) is an enzyme that catalyzes (increases the rate of) proteolysis, the breakdown of proteins into smaller polypeptides or single amino acids. They do this by cleaving the peptide bonds within proteins by hydrolysis, a reaction where water breaks bonds.
LPI (LP Information)' newest research report, the “Protease Industry Forecast” looks at past sales and reviews total world Protease sales in 2022, providing a comprehensive analysis by region and market sector of projected Protease sales for 2023 through 2029. With Protease sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Protease industry.
This Insight Report provides a comprehensive analysis of the global Protease 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 Protease portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Protease market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Protease 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 Protease.
The global Protease market size is projected to grow from US$ 658.8 million in 2022 to US$ 925.7 million in 2029; it is expected to grow at a CAGR of 925.7 from 2023 to 2029.
Market concentration for protease production is high, Novozymes A/S, DuPont (Danisco), Amano Enzymes, Inc., DSM and AB Enzymes occupied over 55% market share in 2019, and Novozymes A/S is the biggest player which took about 13.59% sales share and 15.49% revenue share in 2019, DuPont (Danisco) and Amano Enzymes, Inc. followed with 13.01% and 9.48% revenue share in 2019. Other significant players include BASF, Aum Enzymes, Jiangsu Boli Bioproducts Co., Ltd, Specialty Enzymes & Biotechnologies Co. and a few others.
This report presents a comprehensive overview, market shares, and growth opportunities of Protease market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Microbial Source
Plant Source
Animal Source
Segmentation by application
Industry
Medicine
Basic Biological Research Tool
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 A/S
DuPont (Danisco)
AB Enzymes
DSM
Aum Enzymes
BASF
Specialty Enzymes & Biotechnologies Co.
Jiangsu Boli Bioproducts Co., Ltd
Amano Enzymes, Inc.
Key Questions Addressed in this Report
What is the 10-year outlook for the global Protease market?
What factors are driving Protease market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Protease market opportunities vary by end market size?
How does Protease 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.