Catalase Market Size, Share Global Analysis Report, 2022 – 2028

Industry Insights

[201+ Pages Report] According to Facts and Factors, the global catalase market size was worth around USD 350 million in 2021 and is predicted to grow to around USD 436 million by 2028 with a compound annual growth rate (CAGR) of roughly 3.2% between 2022 and 2028. The report analyzes the global Catalase market’s drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the Catalase market.

Market Overview

Aspergillus niger is a fungus from which the enzyme catalase is generated. It comes in food-grade and industrial-grade types. Current FAO/WHO and FCC criteria are met by the food-grade product. Hydrogen peroxide, which serves as a bleaching agent and an antibacterial, is removed via catalase. To avoid oxidation and possible adsorption of the substrate to stainless steel equipment, hydrogen peroxide should be safely removed. This is particularly helpful when processing proteinaceous substrates like milk, egg, fish, and soy proteins. By breaking down remaining hydrogen peroxide into oxygen and water (2H2O2O2 + 2H2O), catalase eliminates it rapidly and safely. The taste, texture, and aroma of the finished product are unaffected by this process.

Key Insights

• As per the analysis shared by our research analyst, the global catalase market is estimated to grow annually at a CAGR of around 3.2% over the forecast period (2022-2028).
•  In terms of revenue, the global catalase market size was valued at around USD 350 million in 2021 and is projected to reach USD 436 million, by 2028. Due to a variety of driving factors, the market is predicted to rise at a significant rate.
• Based on source segmentation, the microorganism was predicted to dominate the market in the year 2021.
• Based on type segmentation, liquid held the largest market share in 2021.
• Based on end user segmentation, the food & beverages industry is expected to hold the largest market share during the forecast period.
• Based on region, North America held the largest revenue share in 2021.

Covid-19 Impact

The COVID-19 pandemic is anticipated to have a favorable effect on the catalase market. There are currently no preventative vaccines for COVID-19 and few specific antiviral treatments available. An inexpensive therapeutic drug for treating COVID-19 disease symptoms and preventing SARS-CoV-2 virus growth in the body is catalase, a naturally occurring enzyme that is extensively used in food production and as a dietary supplement. Additionally, research indicates that this enzyme may be a highly effective therapeutic strategy for managing hyperinflammation often linked to SARS-CoV-2. The market is therefore anticipated to grow during the forecast period based on the aforementioned findings.

Growth Drivers

• Increasing application of catalase enzymes in various end-use industries projected to propel the market growth

Increasing application of catalase enzymes in various end-use industries such as food & beverage, textile, pharmaceuticals, and others are expected to propel the global catalase market growth over the forecast period. The catalase enzyme is essential for extending the quality and shelf life of the product. As a result, this enzyme is widely used in the food and beverage industries. The world's booming food & beverage sector and rising consumer demand for hygienic, high-quality food are also driving demand in the catalase market. Catalase also plays a significant part in the production of cheese and food wrappers. Such elements are anticipated to increase the need for catalase in the food and beverage sector, which is therefore anticipated to fuel market growth for catalase around the world. Furthermore, the management of wastewater also makes great use of the catalase enzyme. Catalase demand for cosmetic treatments has increased as a result of a growing consumer propensity toward personal care. The global catalase market is predicted to grow as a result of all these USPs. Along with this, a wide range of catalase applications in numerous sectors, including textile, are also anticipated to support the expansion of the worldwide catalase market.

Restraints

• Lack of standardization and the spread of digital media to hamper the market during the forecast period

The lack of standardization and defined regulatory rules will hinder the market for enzymes from expanding. For instance, the EU regulations governing additive approval before their usage as enzymes in feedstock may create challenging circumstances for the region's product manufacturers. One of the main factors limiting the market trends for enzymes is high product pricing in comparison to conventional additives. Additionally, the global spread of digital media has decreased the overall use of paper.

Opportunities

• The growing application of catalase enzymes in water & wastewater treatment industries is expected to provide a lucrative opportunity for market growth

The growing application of catalase enzymes in water & wastewater treatment industries is expected to provide a lucrative opportunity for market growth during the forecast period. Enzymes for wastewater treat the toxic water by breaking down and transforming harmful contaminants into benign, easily collected, easily cleaned biodegradable parts. The treatment eliminates or reduces water toxicity and makes the water supply fit to reuse. Enzymes for wastewater treatment can be introduced directly to the water source, or even mixed with microbes and then added to the water source. The number of benefits of using catalase enzymes in water treatments such as a cleaner environment and sustainable industry practices, replacement of costly chemicals, and others the factors that provide an attractive opportunity for market growth.

Segmentation Analysis

The global catalase market is segmented based on source, type, end user, and region.

Based on the source, the global market is bifurcated into a microorganism and bovine liver. The microorganism source segment dominated in 2021 and is expected to show its dominance during the forecast period. The growth in the segment is attributable to the increasing demand for fungi-based catalase from various end-use applications. Fungi-based catalases are best suited for a vegetarian diet, which will likely increase demand for the product in the coming years. On the other hand, the bovine liver segment is expected to grow at a significant pace during the forecast period. Exocrine pancreatic insufficiency, pancreatitis, and pancreatic cancer are among the conditions that these products are used to treat. In consequence, it is projected that during the forecast years, this will increase their demand in the global pharmaceutical industry.

Based on end user, the global catalase market is categorized into textile, food & beverages, pharmaceuticals, personal care, and others. The food & beverages industry is expected to hold the largest market share during the forecast period. The catalase enzyme is highly suited for use in the food and beverage industries due to its ability to function as a food preservative and its outstanding tolerance to high PH levels. This substance is highly helpful in waste management and aids producers in reducing food waste and cost. The global catalase market is anticipated to be driven by these advantages.

Recent Developments:

• In June 2021, Kerry, the Taste & Nutrition company, and their BIO-CAT Microbial, LLC probiotic products division have established a global partnership with BIO-CAT, Inc., a Virginia-based biotech company focusing on revolutionary enzyme product development. Through this partnership, Kerry will be in charge of OPTI-BIOME MB40®, a patented probiotic strain owned by BIO-CAT, for sales, marketing, and distribution.
• In May 2021, BRAIN Biotech AG has expanded its shareholdings in the successful enzyme producer Biocatalysts Ltd., a global biotechnology company producing specialty enzymes at commercial scales for a variety of industries, including food, flavor, life science, and pharma. This enables them to raise their ownership of the highly successful daughter company.

Report Scope

Regional Analysis

• North America is projected to dominate the market during the forecast period owing to the inclination of consumers towards adopting natural products

North America held the largest market share in 2021 and is expected to dominate the market during the forecast period. The growth in the region is attributed to the increasing inclination of consumers towards natural products. In the region, the growing prevalence of various diseases such as chronic, cardiovascular, skin, and others influence the population to adopt natural products. In live cells, catalase serves to shield them from oxidative harm. However, persistent oxidative stress increases the risk of adverse health outcomes, including cardiovascular disease and several cancers. For instance, as per CDC, the most prevalent type of heart disease, coronary heart disease, killed 360,900 individuals in 2019. 6.7% or 18.2 million persons aged 20 and over have CAD. Adults under 65 years old account for almost 2 in 10 deaths from CAD. As a result, the demand for catalase in the region has increased, and as a consequence, the market is anticipated to hold the largest share over the projection period.

Competitive Analysis

• MP Biomedicals LLC 
• Sigma-Aldrich Co. LLC 
• BIO-CAT 
• Megazyme Inc. 
• Biocatalysts Limited 
• Kolor Jet Chemical Pvt. Ltd. 
• Lumis Biotech Pvt. Ltd. 
• Novozymes 
• UL LLC 
• Sekisui Diagnostics LLC.

The global catalase market is segmented as follows:

By Source

• Microorganism
• Bovine Liver

By Type

• Powder
• Liquid

By End User

• Textile
• Food & Beverages
• Pharmaceuticals
• Personal Care
• Others

By Regional Segment Analysis

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Nordic Countries
    • Denmark
    • Sweden
    • Norway
  • Benelux Union
    • Belgium
    • The Netherlands
    • Luxembourg
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Southeast Asia
    • Indonesia
    • Thailand
    • Malaysia
    • Singapore
    • Rest of Southeast Asia
  • Rest of Asia Pacific
• The Middle East & Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • South Africa
  • Rest of the Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America