Middle East And Africa Industrial Enzymes Market

Middle East and Africa Industrial Enzymes Market Size (2024 to 2029)

The Middle East and Africa Industrial Enzymes market size is expected to grow from USD 0.18 billion in 2024 to USD 0.21 billion in 2029, with a CAGR of 2.9% between 2024 and 2029. 

MARKET OVERVIEW

Numerous industrial processes prefer enzymes because they accelerate chemical reactions while being selective and efficient and to some extent are environment-friendly. Industrial Enzymes industry is in a phase of emergence. Emerging and dynamic industries like pharmaceuticals, food processing and biofuels are widely using enzymes and they have been integral to innovations in household care, textiles, pulp and paper processing markets.Rising disposable incomes in emerging economies, rise in demand for biofuel, growth in demand for consumer products, advancements in R&D activities for industrial enzymes and multi-functionality of industrial enzymes are the primary factors driving the growth of this market. Resource optimization and enhanced focus on cost reduction are the secondary factors driving the growth of this market.Safety and quality of the product for customer acceptance, regulatory concerns in various industries and volatility in industrial production are the primary factors hindering the growth of this market.

This research report on the Middle East and Africa Industrial Enzymes market has been segmented and sub-segmented into the following categories.

Middle East and Africa Industrial Enzymes Market By Type

•  Amylases

• Cellulases 

• Proteases

• Lipases 

• Phytases

Proteases is the most commonly used industrial enzymes because of its wider application areas such as beverage, food, detergents, and pharmaceuticals. The demand for cellulases is increasing, because of its increase in the industrial application of biofuels. 

Middle East and Africa Industrial Enzymes Market By Application

• Food & beverages,

• Cleaning agents Animal feed

Middle East and Africa Industrial Enzymes Market By Source

• microorganisms

• plant 

• animal

 Microorganism segment commanded the largest market share in 2016. The demand for microorganisms worldwide is on the rise when compared to that for plants & animals, because of their predictable and controllable enzyme content. Factors such as the presence of harmful materials in plants & animals and reliable supplies of microbes also drive the demand for the microorganism segment.

Middle East and Africa Industrial Enzymes Market By Country

•  UAE

• Israel

• KSA

• South Africa

• Egypt

KEY MARKET PLAYERS

• BASF SE (Germany)
• E.I. du Pont de Nemours and Company (U.S.)
• Associated British Foods plc (U.K.)
• Koninklijke DSM N.V. (Netherlands)
• Novozymes A/S (Denmark)
• Dyadic International Inc. (U.S.)
• Advanced Enzyme Technologies Ltd (India)
• Adisseo (China)
• Chr. Hansen Holding A/S (Denmark)
• Amano Enzyme Inc. (Japan)