It is estimated that the global microbial lipase market is
likely to show significant growth during the forecast period from 2018 to 2023.
Microbial lipase is currently paid attention with rapid development in enzyme
technology and its widespread industrial applications. Microbial lipase finds
application in foods, oil & fat, soap & detergent, pulp & paper,
leather, textile, cosmetics, and biodiesel. This makes microbial lipases the most
widely used class of enzymes in different industrial activities.
The microbial lipase market is largely driven by increasing
awareness about animal health, need for better quality of animal feed products
and increasing consumption of enzyme-modified cheese and other dairy
ingredients. Microbial enzymes provide various advantages over the plant or
animal-based enzymes such as a variety of catalytic activity, high production
capacity within a short period and ease of genetic manipulation. However, microbial
lipase show stability under various chemical and physical conditions and can be
extracted easily, which reduces cost of production and makes it source
preferable over plant or animal source. Some of the other advantages are they
can grow rapidly on inexpensive media. While lack of transparency in patent
protection laws and absence of uniform regulatory structure in some of the
countries are noticed to be restrained in the growth of the market.
Regional Analysis
Geographically, Asia-Pacific is anticipated to dominate the
global microbial lipase market during the forecast period owing to increasing
demand for better quality feed for livestock and increased consumption of dairy
products in the region. However, growth in concern regarding the spread of
infectious diseases the market for microbial lipases in the cleaning agent
segment is projected to grow in this region.
Segmentation
The global microbial lipase market has been segmented into
application, source, form, and region. Based on application, the market has
been segmented into cleansing agent, animal feed, dairy product, bakery
products, confectionery products, and others. While the cleansing agent and
confectionery segments are likely to be fastest growing segment during the
forecast period. Based on source, the market has been segmented into
fungi and bacteria, among which the demand for fungal lipase is growing across
the world, especially in developing countries. Based on form, the market has
been segmented into powder and liquid . By region, the market has been
segmented into North America, Europe, Asia-Pacific, South America, and Rest of
the World. The microbial lipase market in North America has further been
segmented into the U.S., Canada, and Mexico.
Key Players
Some of the key players in the global microbial lipase market
are Novozymes A/S(Denmark), Chr.Hansen Holding A/S (Denmark), Koninklijke DSM
N.V (The Netherlands), Associated British Foods plc.(U.K), Dowdupont
Inc.(U.S.), Amano Enzymes Inc.(Japan), Advanced Enzymes Technologies
Limited(India), Enzyme Development Corporation(U.S.), Aumgene Biosciences
(India), Biocatalysts Limited (U.K.), Creative Enzymes (U.S).
Complete Report Details @ https://www.marketresearchfuture.com/reports/microbial-lipase-market-6317
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