Pectinase Market Size Worth $52.35 Billion By 2032 | CAGR: 11.2%

The global pectinase market size is expected to reach USD 52.35 billion by 2032, according to a new study by Polaris Market Research. The report “Pectinase Market Share, Size, Trends, Industry Analysis Report, By Type (Protopectinase, Polygalaturonases, Pectin Lyases, and Pectinesterase); By End-User; By Region; Segment Forecast, 2023 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Increasing number of consumers seeking natural and clean-label products, which significantly utilizes pectinase in the extraction process of natural juices and beverages and rising demand for plant-based or vegan diets across the world coupled with the rising proliferation for product use in textile industry for fiber processing and in the paper industry to enhance or improve pulp quality, are primary factors boosting the demand and growth of the market.

• For instance, as per a report published in 2023, the number of vegans has grown drastically in the last few years and have reached approx. 79 million worldwide. Between the period of 2004 to 2019, the number of vegans in the United States surged 30 fold and the plant-based market also grew by about 27% during the pandemic period.

Moreover, the surge in the number of pectinase applications in pharmaceuticals and biotechnology particularly in the drug formulation, research, and development activities along with the growing focus on introducing new and improved product types with enhanced capabilities and characteristics, are likely to have a positive impact on the market growth over the coming years.

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Growing advances in enzyme engineering and molecular biology techniques in the recent years, have allowed for the modification and better optimization of pectinase enzymes. As, with the help of genetic engineering, specific properties of enzymes such as substrate specificity and thermostability, could be enhanced or improved that makes them more effective in various applications from different industries.

Furthermore, the drastic growth and expansion of wine and craft beer industries all over the world, which are among the leading consumers of pectinase for the purpose of clarification and flavor enhancement are likely to foster the global market in a positive way. Thus, with the growing craft beer industries and their consumption, manufacturers of pectinase worldwide are significantly focusing on the development of new and innovative ways to use pectinase in alcohol products for providing unique flavor profiles, and thereby, pushing the market growth forward at rapid pace.

• For instance, according to a report, the worldwide beer production was estimated to be around 1.89 billion hectoliters in 2022, with an increase from 1.3 billion hectoliters in 1998, and the leading beer producing countries were China, United States, and Brazil in 2022.

Pectinase Market Report Highlights

• Proto-pectinase segment accounted for largest market share, on account of its significantly growing use in food processing industry and pharmaceutical industry
• Food & beverage segment held the significant market share, which is mainly driven by exponential increase in the consumption of healthier or natural food products
• North America dominated the global market, mainly accelerated to presence of well-established food processing and textile industry and consumption of organic products
• The key market players include Creative Enzymes, Jinyuan Biochemical Co., International Flavors & Fragrances, Royal DSM, AB Enzymes, and Amano Enzyme

Polaris Market Research has segmented the pectinase market report based on type, ednd-user, and region:

Pectinase, Type Outlook (Revenue - USD Billion, 2023 - 2032)

• Protopectinases
• Polygalacturonases
• Pectin Lyases
• Pectinesterase

Pectinase, End-User Outlook (Revenue - USD Billion, 2023 - 2032)

• Food & Beverage
• Textile
• Aquaculture
• Others

Pectinase, Regional Outlook (Revenue - USD Billion, 2023 - 2032)

• North America

• U.S.
• Canada

• Europe

• Germany
• UK
• France
• Italy
• Spain
• Russia
• Netherlands

• Asia Pacific

• China
• India
• Japan
• South Korea
• Indonesia
• Malaysia

• Latin America

• Argentina
• Brazil
• Mexico

• Middle East & Africa

• UAE
• Saudi Arabia
• Israel
• South Africa

Pectinase Market Report Scope