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Phospholipase Enzyme Market By Source (Microbial, Plant Animal), By Product (PLA1, PLA2, PLB, PLC, PLD), By Application (Food & Beverages, Biofuel, Personal Care, Nutraceuticals, Animal Feed, Others) - Growth, Share, Opportunities & Competitive Analysis, 2018 – 2026

Industry Outlook

The phospholipase enzyme market is expected to reach US$ 482.4 million by 2026, with a 7.0% CAGR from 2018 to 2026. In 2017, North America held the largest value share in the global phospholipase enzyme market. Asia Pacific is projected to be the fastest-growing region between 2018 and 2026.

Phospholipases are enzymes that basically hydrolyze phospholipids, thereby separating the polar and hydrophobic portions of the phospholipid molecule. These are mainly found in tissues and pancreatic secretions.

Increasing application in food and beverages is one of the primary factors expected to boost the demand for phospholipase enzymes. Due to this fact, key players such as Novozymes A/S, AB Enzymes GmbH, and DowDuPont Inc. are investing in the food and beverage market due to the growing demand for phospholipase enzymes from such industries. Increasing awareness regarding the health benefits of phospholipase enzymes is expected to drive the global market. They play an important role in venoms and toxins digesting membranes that aim to allow the spread of infection. They play a variety of roles in signal transduction in addition to digestive functions in various recycling precursors.

The increasing incidence of digestive diseases and disorders is also propelling the growth of this market. According to the Florida Hospital in the United States, gastrointestinal cancers account for one-quarter of all cancer deaths in the United States. Unhealthy eating patterns in developed regions that, include North America and Europe have led to a dependency on various digestive enzyme supplements, which in turn is expected to accelerate the demand for enzymes, thereby augmenting the market demand for phospholipase enzymes. Various common digestive disorders, including IBS (irritable bowel syndrome), can be treated by using lipases.

The reason for this is that lipase is primarily used to treat exocrine pancreatic insufficiency. In addition, phospholipase enzymes, along with lipase, can be used in the treatment of obesity, which is one of the major health concerns in developed countries. Phospholipase enzymes also play an important role in signal transduction, membrane trafficking, apoptosis, and cell proliferation in the pharmaceutical industry. Hence, owing to its growing application in the pharmaceutical industry, the demand for phospholipase enzymes is expected to rise during the forecast period from 2018 to 2026. Phospholipase enzymes also play a key role in biodiesel production as a biocatalyst. According to the U.N.'s Food and Agriculture Organization (FAO) and Organization for Economic Cooperation and Development (OECD), global biodiesel consumption and production are forecast to rise by 14% from 2016 to 2020. This is mainly driven by the fulfillment of various biofuel policies in Argentina, the U.S., Brazil, the E.U., and Indonesia. Hence, with the increase in biodiesel production worldwide, the demand for phospholipase enzymes is projected to rise during the forecast period from 2018 to 2026.

Market capitalization (millions of dollars)

In the global Phospholipase Enzyme Market, Phospholipase A2 (PLA2) is the most important product type.

PLA2 is basically defined as a lipolytic enzyme that catalyzes the hydrolysis of the SN-2 ester bond into various forms of phospholipids. It is essential to the immune response and inflammation. The secretory PLA2 family, where ten isozymes are identified, mainly consists of Ca2+-requiring, low-molecular-weight, and secretory enzymes, which find application in various biological processes that include modification of inflammation, atherosclerosis, eicosanoid generation, and host defense, among others. Cytosolic PLA2 plays an important role in A.A. metabolism initiation. The primary use of the phospholipase A2 enzyme is to increase the efficacy of various phospholipids, which mainly include lecithin. It is also used as an emulsifier in various aqueous food products, such as sauces, bakery products, and dressings.

The phospholipase A2 enzyme derived from the porcine pancreas also acts as a processing aid. PLA2's important role in cancer and other inflammatory disorders makes this enzyme a promising target for drug development. It also finds application as a potential therapy for various inflammatory skin diseases that, include autoimmune diseases, allergies, and ulcers, among others. Trends show that PLA2 is also used as a therapeutic target for atherosclerosis. For example, in November 2016, Technopath Clinical Diagnostics (TCD) launched the i-playtest, which is a CE-marked diagnostic reagent kit. This is basically a blood test that enables clinicians to detect Lp-PLA2, with the objective of assessing the risk of both ischemic stroke and coronary heart disease that are associated with atherosclerosis. All these factors are expected to drive the demand for PLA2 in the global phospholipase enzyme market.

Microbial is the largest segment by source in the global phospholipase enzyme market.

Growing applications of microorganisms in food fermentation are expected to propel the demand for phospholipase enzymes. They are mainly used in the food and beverage industries owing to the fact that these can be produced through cost-effective fermentation techniques with less space and time requirements because of their process modification, high consistency, and easy optimization. The increasing application of microorganisms in various industrial applications that include detergent, textile, food, and paper is also projected to drive market demand during the forecast period from 2018 to 2026. They are also used for the production of crystalline glucose, glucose syrups, maltose syrups, and high fructose corn syrup.

In the detergent industry, microorganisms are basically used as additives to remove various starch-based strains. The growing application of amylases in the textile industry, especially for the warp sizing of various textile fibers, is expected to augment market growth. In the paper industry, they are also used for starch viscosity reduction for appropriate paper coating. In addition, wide applications of various microorganisms, which include lipases, proteases, and xylanases in the food industry, are projected to boost market demand. Companies are focusing on expanding their microbial business segment to cater to the growing demand for phospholipase enzymes across various industries.

The Food and Beverage Industry is Fueling the Growth of the Phospholipase Enzyme Market

The increasing application of phospholipase enzyme in dairy, bakery, flavors, and emulsifiers is expected to propel the demand for the food and beverage segment in the global phospholipase enzyme market. Increasing applications of PLA2 in emulsions (sauces and dressings), baked goods (cakes and bread), and hydrolyzed lecithin production (soybean, rapeseed, or sunflower) are expected to boost the global market. Phospholipase enzymes aim to improve heat stability and also enhance the mouthfeel and viscosity of sauces and dressings.

It also increases the emulsifying property of whole eggs or egg yolks. In addition, phospholipase enzymes also aid in extending the shelf life and improving the softness and crumb structure of baked goods. Increasing demand for processed foods is another factor expected to drive market growth. Phospholipase enzymes also play an important role in cheese production. In cheese production, lysophospholipids basically act as a surface-active agents in cheese curds, thereby helping the emulsification of fat and water during processing. It also helps reduce syneresis.

The liquid is the largest segment by a form in the global phospholipase enzyme market.

The liquid phospholipase enzyme is mainly used for hydrolyzing phospholipids to lysophospholipids in various vegetable oils from rapeseed, canola, soybean, sunflower, mustard, cotton, rice bran, groundnuts, and corn at a low pH. Growing applications in vegetable processing are expected to drive demand for this segment. ROHALASE® PL-XTRA, a liquid-formulated fungal PL2 offered by A.B. Enzymes, permits enzyme-assisted degumming and also aims to minimize scale buildup in various processing equipment, thereby reducing maintenance downtime. Increased application in detergents, followed by limited storage space, is expected to boost demand for this segment. The liquid segment is also expected to grow at the fastest rate during the forecast period from 2018 to 2026.

North America is the largest region in the global phospholipase enzyme market.

Globally, North America accounted for the largest share of the phospholipase enzyme market. The U.S. is the key country in the North American phospholipase enzyme market. The growth is mainly attributed to the growing demand for phospholipase enzymes in the food and beverage industry, especially baked goods and dairy products. Increasing awareness among consumers related to the health benefits of the phospholipase enzyme is also expected to propel the growth of this market during the forecast period from 2018 to 2026. Growing industrial applications of the phospholipase enzyme are also expected to propel market growth. Trends show that owing to unhealthy eating patterns, and there has been an increase in the incidence of digestive diseases and disorders. This, in turn, is expected to propel the demand for various digestive supplements, thereby accelerating the demand for phospholipase enzymes in North America.

Digestive health is one of the fastest-growing markets in the U.S., followed by bone health, heart health, immune health, and weight management. Manufacturers are also focusing on introducing various digestive and gut health products, which clearly indicates consumer preference for a healthy diet. Because of the rising demand for processed foods, Asia Pacific is expected to grow at the fastest rate. Increasing application in various end-user industries that include brewing, cheese processing, baking, fruit juice processing, and meat processing, among others, is also expected to drive the demand for phospholipase enzymes in the Asia Pacific region.

Merger and acquisition are one key strategy adopted by manufacturers.

Key players operating in the global phospholipase enzyme market include Bioseutica B.V., Enzo Life Sciences Inc., EUCODIS Bioscience GmbH, Sanyo Fine Co. Ltd., Koninklijke DSM N.V., Novozymes A/S, Chr. Hansen Holding A/S, AB Enzymes GmbH, DowDuPont Inc., Genetrix Ingredients, Aumgene Biosciences, and Nagase America Corporation, among others. For example, in September 2016, Novozymes, based in Denmark, acquired Organobalance GmbH, a microbial research company based in Germany, with the objective of strengthening its position in delivering sustainable and new microbial solutions.

Periods of History and Forecast

This research considers 2017 as the base year and presents an analysis of segments from 2016 to 2026. In addition, the forecast period from 2018 to 2026 is considered for the compound annual growth rate (CAGR) calculation for each respective segment.

Report Scope by Segments

The global phospholipase enzyme market mainly focuses on qualitative and quantitative analysis of the overall market. The report deals with understanding market dynamics and the current strategies prevailing in the market. The report covers the global phospholipase enzyme market by segmenting the market in terms of product type, source, form, application, and geography.

Key questions are answered in this report.

  • Who are the distributors, traders, and dealers in the phospholipase enzyme market?
  • What is expected to be the largest product type, source, form, application, and geography segments in the market during the forecast period from 2018 to 2026?
  • What are the fastest-growing segments in the market for the forecast period?
  • What are the current market trends in the phospholipase enzyme market and the most valuable opportunities for the players?
  • How does the regulatory framework affect global as well as regional markets?
  • Which are the key players operating in the global market, and what are the strategies they have adopted?
  • What are the sales, revenue, business strategy, and product portfolio of the top manufacturers in the phospholipase enzyme market?
  • What are the market size and trends in emerging and developed markets?

Frequently Asked Questions:

The market for Phospholipase Enzyme Market is expected to reach US$ 482.4 Mn by 2026.

The Phospholipase Enzyme Market is expected to see significant CAGR growth over the coming years, at 7.0%.

The report is forecasted from 2018-2026.

The base year of this report is 2017

B.V., Enzo Life Sciences Inc., EUCODIS Bioscience GmbH, Sanyo Fine Co. Ltd., Koninklijke DSM N.V., Novozymes A/S, Chr. Hansen Holding A/S, AB Enzymes GmbH, DowDuPont Inc., Genetrix Ingredients are some of the major players in the global market.

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Published Date:  Oct 2018
Category:  Food & Beverage
Report ID:   59391
Report Format:   PDF
Pages:   120
Rating:    4.4 (69)
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