Global Lipase Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027

MarketResearch.biz delivers in-depth insights on the global lipase market in its upcoming report titled, “Global Lipase Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global lipase market is estimated to register a CAGR of XX.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global lipase market report has been segmented on the basis of source, form, application, and region.

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Lipase is an enzyme that helps in the hydrolysis of fats and reduces formation of glycerol and fatty acids in humans. Lipase plays an important role in the process of digestion by processing ester bonds in triglycerides. It also aids in maintaining pancreatic enzymes to an optimum level and helps in prevention of diabetes, cholesterol, obesity and high triglycerides. Lipases are produced with the help of microbial sources such as fungi, yeast and bacteria. Bacteria and fungi lipases are highly preferred in the enzymes industry.

Increasing adoption of lipase in animal feed industry is one of the major factor fueling growth of the global lipase market. Since lipase supplements the insufficiency of endogenous digestive enzyme, improving absorptivity and utilization rate of fat, decreasing animal intestinal diseases, promoting absorptivity of fat soluble vitamins, exerting animals’ production potential, and lowering the feed cost. Lipases are also used as texturants, flavorants, cleaning agents, and shelf life enhancers. Along with food & beverages industry, lipases also applications in various industries, such as cosmetics, pharmaceuticals, textile, and leather.

Increasing adoption of lipase for production of house cleaning products and detergents to remove fatty residues in on the rise. Manufacturers are increasingly looking for various lipases such as amylases and proteases to offer products with enhanced efficiency. Moreover, increasing use of lipase in the field of nanotechnology, electronics and biology, the biosensors technology is witnessing significant progress. Applications such as biodiesel production, biopolymer synthesis, nutraceutical agents, biotechnological applications, and pharmaceutical applications have also successfully incorporated lipase as one of the key ingredient, which is expected to further enhance the global lipase market growth.

On the basis of region, the global lipase market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in Asia Pacific accounts for highest share and is expected to witness highest growth over the forecast period in the global market, followed by the market in North America. Latin America is projected to be the second fastest-growing market for lipase during the forecast period.

Global lipase market segmentation:

Segmentation on the basis of source:

• Microbial
• Animal
• Plant

Segmentation on the basis of form:

• Liquid
• Powder
• Gel

Segmentation on the basis of application:

• Dairy
• Animal Feed
• Food
• Chemicals
• Others

Segmentation on the basis of region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

• Novozymes A/S
• Koninklijke DSM N.V.
• Hansen Holdings A/S
• Amano Enzymes Inc.
• Associated British Foods PLC
• I. Du Pont De Nemours and Company (Genencor)
• Advanced Enzymes
• Clerici-Sacco Group
• Renco New Zealand
• Enzyme Development Corporation