Global Microbial Lipase Market is projected to reach USD 590.55 Million, in terms of value by 2023, growing at a CAGR of over 6% during the forecast period owing to increasing awareness about animal health, growing food industry, increasing consumption of enzyme-modified cheese and growing pulp and paper industry. Based on form, the market has been categorised into liquid and powder. In 2018, the powder form of microbial lipases is projected to dominate the microbial lipase market since powder form is comparatively easy to handle, stable, and easier for packaging & transportation and are extensively used in various application industries such as animal feed, cleaning, food & beverage and biofuel. In 2018, the APAC region dominated the global microbial lipase market and is expected to maintain its dominance over the next five years as well owing to increasing consumption of dairy products, growing pharmaceutical industry and growing use of washing and cleaning products. The leading players of the market are Novozymes, Amano Enzymes, DowDuPont among others.
Years considered for this report
Historical Years2013-2016
Base Year2017
Estimated Year2018
Forecast Period2018–2023
Objective of the Study
- To analyse and forecast the market size of Microbial Lipase Market, in terms of value and volume.
- To classify and forecast Global Microbial Lipase Market based on application, form, source and regional distribution.
- To identify drivers and challenges for Global Microbial Lipase Market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Global Microbial Lipase Market.
- To conduct the pricing analysis for Microbial Lipase Market.
- To identify and analyse the profile of leading players involved in the manufacturing of Global Microbial Lipase Market.
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Some of the leading players in the Global Microbial Lipase Market are DSM, Dowdupont, Novozymes, Chr. Hansen, Meito Sangyo Co., Ltd., Aumgene Biosciences, Amano Enzymes Inc., Creative Enzymes, Associated British Foods, Advanced Enzymes etc.
Market insights research performed both primary as well as exhaustive secondary research for this study. Initially, Market insights research sourced a list of manufacturers across the globe. Subsequently, Market insights research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market insights research could include the suppliers which could not be identified due to the limitations of secondary research. Market insights research analysed the service offerings, distribution channels and presence of all major collaboration manufacturer across the globe.
Market insights research calculated the market size of Global
Key Target Audience
- Enzyme Manufacturers
- End-User Industry
- Consumers
- Raw Materials Suppliers
- Traders, Distributors, and Suppliers
- Industry associations and experts
- Research organizations and consulting companies.
- Research Institutes
- Industry associations
- Market research and consulting firm.
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturer and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
