Lipase Market: Rising health awareness of animal drives the market by 2015 – 2020
Lipase is an enzyme generally produced by an organ located near the stomach called pancreas and secreted into the small intestine. This enzyme helps in the hydrolysis of fats and decreases the formation of fatty acids and glycerol. It is also produced by tongue, stomach and many other cells. It plays important role in digestion, transport and processing of dietary lipids. Lipase deals with diverse biological processes. Cholesterol, obesity and high triglycerides can be overcome using lipase. Lipase has large health and industrial advantages due to which it has became one of the largest growing markets in the overall enzymes market.
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Lipase market is mainly driven by the increase in the consumption of processed dairy products and meat. Rising health awareness of animal is another key factor to drive the lipase market. Lipase widely used in different application areas such as animal feed, dairy, bakery, confectionary and others. This has fueled the growth of global lipase market worldwide. However, some issues like lack of clarity in the law of patent protection across the globe is expected to hamper growth of lipase industry.
The global lipase market is segmented on the basis of source, application and region. Based on different sources, market is segmented as microbial lipases and animal lipases.
The report provides a comprehensive view on the lipase market we have included a detailed company market share analysis, product portfolio of the major industry participants. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the lipase market has also been included. The study encompasses a market attractiveness analysis, wherein application segments are benchmarked based on their market size, growth rate and general attractiveness.
Application segments have been analyzed based on historic, present, and future trends, and the market has been estimated from 2015 to 2020 in terms of revenue (USD Million). Animal feed, dairy, bakery, confectionery and others are the application segments of lipase market from which animal feed application segment holds majority market share in terms of revenue.
Major regional segments analyzed in this study include North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. This report also provides further bifurcation of region on the country level. Major countries analyzed in this reports are U.S., Germany, France, UK, China, Japan, India, and Brazil. Lipase market was dominated by Asia Pacific in 2014 and expected show consistent growth in coming years. Asia Pacific is followed by North America and Europe.
Some of the key players for global lipase market include Novozymes A/S, Koninklijke DSM N.V., Chr. Hansen Holdings A/S, Amano Enzymes Inc., Associated British Foods PLC, E. I. Du Pont De Nemours and Company (Genencor), Advanced Enzymes, Clerici-Sacco Group, Renco New Zealand and Enzyme Development Corporation.
This report segments the global lipase market as follows:
Global Lipase Market: Source Segment Analysis
- Microbial Lipases
- Animal Lipases
Global Lipase Market: Application Segment Analysis
- Animal Feed
Global Lipase Market: Regional Segment Analysis
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
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