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Europe Carbohydrase Market by Source (Animal, Plant, Microbial and others), by Type (Amylases, Cellulases, Pectinases, Lactase, and Others), by End-Use (Dairy, Baking and Confectionery, Pharmaceuticals, Animal Feed and Others) and By Country (UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic and Rest of Europe) – Size, Share, Trends, Growth, Forecast (2023 to 2028)

Published: March, 2023
ID: 2316
Pages: 145
Formats: report pdf report excel report power bi report ppt

Europe Carbohydrase Market Growth and Forecast (2023 - 2028):

The Europe Carbohydrase Market was worth US$ xx million in 2022, and it is estimated that it will reach US$ xx million by 2028 with an annual expansion rate of xx % between 2023 and 2028.

Market Overview:

Carbohydrase is a set of enzymes that are used to catalyze the breakdown of carbohydrates into sugars. Carbohydrase basically refers to a group of enzymes that act as catalysts to break down carbohydrates into sugars. The enzyme carbohydrase is found in the human digestive system and in the salivary glands of the small intestine. Enzymes are an essential part of the human digestive system because they help break down large, insoluble food ingredients into small, soluble molecules. They also break down carbohydrates into simple sugars to fix digestion. Essentially, carbohydrates are found in the pancreas, but generally the process occurs in the stomach. Proteases improve protein digestion by allowing the breakdown of protein molecules. Similarly, lipase promotes digestion by breaking down bulky molecules into smaller lipids. Carbohydrase help produce various types of syrups, such as reverse sugar syrup, glucose syrup, and fructose syrup. Carbohydrase is applied in feed, pharmaceuticals, food and beverages, and isomaltose and prebiotics are also formed with the help of carbohydrates.

Recent Developments in Europe Carbohydrase Industry:

  • In April 2020, the largest enzyme manufacturing company BASF, producing hand sanitizers to help fighting COVID-19 in New York and New Jersey. This can significantly reduce the growth of the Europe Carbohydrase market.
  • https://www.basf.com/us/en/media/news-releases/2020/04/basf-manufactures-hand-sanitizer-to-support-the-fight-against-co.html

Europe Carbohydrase Market Growth:

Carbohydrase is seeing increasing application in sports drinks and the growing demand for sports drinks is driving the growth of the Europe carbohydrase market.

Drivers:

The increase in production rate is improving the Europe carbohydrase market as the use of carbohydrase's in food increases in various applications, such as processed food, dairy, bakery and confectionery, etc. The Europe Carbohydrase market is creating opportunities for major market players to develop high share during the forecast period. The development of the European pharmaceutical industry is expected to drive market growth with more emphasis on carbohydrate consumption by various pharmaceutical companies. In the fast-growing food and beverage industry, the use of Carbohydrase is aimed at providing healthy growth to the European market. The Europe carbohydrase market consists of several local and international players. Due to its cleaning properties, carbohydrase is widely used in detergents. Carbohydrase has unstable temperature and pH levels. The increasing use of detergents in industrial and domestic applications is expected to drive the Europe carbohydrase market in the future. The possibility of using chestnut-derived carbohydrase inhibitors to treat diabetes and obesity is expected to provide ample opportunities for Europe carbohydrase market participants. The two main variants of carbohydrate enzymes include cellulase and amylase. Cellulose is widely used to catalyze the breakdown of cellulose, and amylase is used to catalytically hydrolyze starch to sugars. Cellulase carbohydrase is a widely used dietary carbohydrate throughout the region. The Europe carbohydrase market is expected to show low single-digit growth rates in developing and developed countries during the forecast period. Carbohydrase is expected to witness high demand in bakeries for years to come. Also, the dietary carbohydrates pectinase and amylase are also gaining great traction in a variety of applications. The growing demand for confectionery products reflects the high adoption of the dietary carbohydrase. Growing demand from unexplored market segments, rising health concerns around the region, and increasing health awareness around the Europe regularly triggered carbohydrase use, fueling the growth of the Europe carbohydrase market. Technological advancements in profitable enzyme production are expected to create new opportunities for key market players in the European market.

Restraints:

High production costs are a major factor that is expected to hamper the growth of the Europe carbohydrase market. Also, sourcing alternative materials by domestic companies is expected to challenge the growth of the Europe carbohydrase market. The increased availability and use of carbohydrase alternatives are likely to hamper the growth of the Europe carbohydrase market. These trends may have a negative impact on the growth of the local market over the outlook period.

Impact of COVID 19 on the Europe Carbohydrase Market:

The global impact of the coronavirus disease (COVID-19) in 2019 has already started to be felt and will have a major impact on the Europe carbohydrase market in 2020. The COVID-19 outbreak has affected many aspects, travel bans and quarantine. The disruption of chemical manufacturing activities due to the COVID-19 pandemic will have a significant impact on the growth patterns of enzymes and other catalysts.

Europe Carbohydrase Market Segmentation Analysis:

By type, the Europe carbohydrase market is segmented into cellulase, amylase, lactase, pectinase, etc. Among them, amylase is the most widely used carbohydrate, followed by cellulase. However, with the increasing demand for lactose-free products, lactase is estimated to be the fastest-growing segment.

By source, the Europe carbohydrate market is segmented into plants, microbials, and animals. Of these, the microbial sector is expected to dominate the market, followed by the animal sector.

Based on the end-use, the Europe carbohydrase market is segmented into pharmaceuticals, animal feed, food and beverage, etc. Among these, the food and beverage sector dominate the market due to the increasing use of carbohydrates in the bakery, dairy and beverage industries. However, the animal feed sector is showing significant growth during the forecast period.

Regional Analysis:

Geographically the Europe Carbohydrase Market is segmented into UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic and Rest of Europe. The food industry in the European region is one of the fastest-growing and is expected to occupy the largest share in the food and beverage sector and this trend is expected to drive the European carbohydrase market during the foreseen period. Proteases and lipases are used mainly in dairy products. Increased dairy consumption in Italy and Spain is expected to further amplify regional market growth. Increasing demand for drugs due to the growing elderly population is expected to further drive the European market. Growth in the processed food industry is expected to boost UK carbohydrase demand.

Key Players in the Market:

Major Key Players in the Europe Carbohydrase Market are

  • Dyadic International Inc
  • Specialty Enzymes
  • Amano Enzyme Inc
  • Novozymes
  • AB Enzymes GmbH
  • Royal DSM
  • Advanced Enzymes
  • Verenium
  • Chr. Hansen Holding A/S
  • E.I.DuPont De Nemours & Co

 

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