Global Transglutaminase Market Growth 2023-2029

Global Transglutaminase Market Growth 2023-2029

Transglutaminase is an enzyme that catalyzes the formation of isopeptide bonds between proteins.

Its cross-linking property is widely used in various processes: to manufacture cheese and other dairy products, in meat processing, to produce edible films and to manufacture bakery products. Transglutaminase has considerable potential to improve the firmness, viscosity, elasticity and water-binding capacity of food products.

At this stage, the production technology is mainly microbial fermentation method. And Ajinomoto is the first enterprises to achieve commercial production with microbial fermentation method in the end of 1980s.

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

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

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

The global Transglutaminase market size is projected to grow from US$ 214.2 million in 2022 to US$ 286.8 million in 2029; it is expected to grow at a CAGR of 286.8 from 2023 to 2029.

Global Transglutaminase main manufactuers include Taixing Dongsheng, Yiming Biological and Ajinomoto, totally accounting for 79% of the market. Europe is the largest market, with a share over 36%. As for the types of products, it can be divided into less than 100 U/g, 100 U/g – 200 U/g and more than 200 U/g. The most common type is 100 U/g – 200 U/g, with a share over 49%. As for the types of application, it is widely used in meat field, fish field, dairy field, flour field and others. The most common application is fish field, with a share over 23%.

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

Market Segmentation:

Segmentation by type

Less Than 100 U/g

100 U/g – 200 U/g

More Than 200 U/g

Segmentation by application

Meat

Fish

Dairy

Flour

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.

Ajinomoto

TFI GmbH

Micro-Tech Foods Ingredients

BDF Natural Ingredients

Yiming Biological

Taixing Dongsheng

Kinry

Pangbo Biological

Key Questions Addressed in this Report

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

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

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

How do Transglutaminase market opportunities vary by end market size?

How does Transglutaminase 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.