Carbohydrase Market Size - By Source (Microbial, Plant, Animal), Source (Alpha-amylase, Beta-glucanase, Cellulase, Xylanase), Application (Food & Beverage, Animal Feed, Pharmaceutical), Distribution Channel (Online, Offline), & Global Forecast, 2024 - 203

Carbohydrase Market Size - By Source (Microbial, Plant, Animal), Source (Alpha-amylase, Beta-glucanase, Cellulase, Xylanase), Application (Food & Beverage, Animal Feed, Pharmaceutical), Distribution Channel (Online, Offline), & Global Forecast, 2024 - 2032

Carbohydrase market size is projected to expand at over 8% CAGR from 2024 to 2032, led by the increasing demand for enzymes in the food & beverage, animal feed, pharmaceuticals and other industries.

The growing awareness of health and nutrition is leading to the rising consumer preference for enzyme-enhanced products. Additionally, the increasing advancements in enzyme technology and the quest for sustainable production processes will benefit the industry growth. For instance, in October 2021, Novozymes launched Innova Quantum, an addition to its Innova yeast platform. This potent yeast allows ethanol plants with fermentation times exceeding 60 hours to achieve enhanced ethanol yields and processing efficiencies. The expanding livestock industry, with rising focus on optimizing feed efficiency will further fuel the demand for carbohydrases in animal nutrition, supporting the industry development.

The carbohydrase market is segregated into source, type, application, distribution channel, and region.

The market value from the plant source segment is projected to witness 8.5% CAGR through 2032, owing to the increasing demand for plant-based alternatives in the food & beverages sector. The rising trend of plant-based diets and the higher preference for sustainable and vegan-friendly products will also fuel the extensive use of carbohydrases derived from plant sources.

Carbohydrase market share from the cellulase segment is estimated to rise at 9.3% growth rate between 2024 and 2032. This is due to the rising demand for efficient cellulose degradation in various industrial applications. Cellulase is crucial for processes like biofuel production and textile processing. Rapid technological advancements coupled with the increasing focus on sustainable and eco-friendly solutions will further contribute to the heightened adoption of cellulase enzymes.

Regionally, the Europe carbohydrase market is projected to expand at rapid pace, depicting 8.4% CAGR from 2024 to 2032. The growth can be attributed to the thriving food & beverage industry, with an increasing demand for enzyme applications. The growing awareness of health and wellness, coupled with the rising shift towards sustainable and plant-based products is escalating the use of carbohydrases in the region. Additionally, growing advancements in enzyme technology and the strong focus on enhancing food processing efficiency will boost the regional market expansion.