Catalase Market Size, Share, Growth, and Industry Analysis, By Type (Industrial Grade, Food Grade), By Application (Textile Industry, Food and Beverage Industry, Environmental Protection, Electronics, Other), Regional Insights and Forecast to 2031

Updated On: 22 April 2024

CATALASE MARKET REPORT OVERVIEW

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The global catalase market size was USD 435.6 million in 2019 and the market is projected to touch USD 533.3 million by 2026, exhibiting a CAGR of 2.9% during the forecast period.

Catalase is an important enzyme found in the cells of many organisms, including humans. Its main function is to catalyze the decomposition of hydrogen peroxide into water and oxygen. Hydrogen peroxide is a harmful byproduct of various cellular processes, and high concentrations can be harmful to cells. In addition, catalase plays an important role in protecting cells from oxidative damage by rapidly breaking down hydrogen peroxide into harmless components. The efficiency of catalase in breaking down hydrogen peroxide is remarkable, allowing rapid degradation of this potentially dangerous compound. The presence of catalase in cells is crucial for maintaining cellular health and preventing oxidative stress, making it an important player in the body's defense against harmful reactive oxygen species.

catalase enzyme is widely used in water purification process. All these unique outlets are expected to contribute to the growing demand for catalase across the globe. The widespread use of catalase in various industries such as textiles is also expected to contribute to the expansion of the global market.

COVID-19 Impact: Market Growth Restrained by Pandemic due to Supply Chain Disruptions

The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.

Due to the COVID-19 pandemic, domestic and international transportation has become difficult due to restrictions imposed by several governments. This has caused supply and demand disruptions in the global catalase market. Due to the COVID-19 pandemic, reduced capital resources and a potential global economic recession have slowed the growth of the catalase market among new market entrants. The catalase market is expected to have a neutral impact during the novel coronavirus pandemic due to its easy availability and less reliance on synthetic production processes. The use of catalase in various end-use industries such as pharmaceuticals, textiles, personal care, and food and beverages is expected to lead to an economic recovery in the catalase market as soon as the industries resume operations after the period of COVID-19.

LATEST TRENDS

"Growing Use Of The Products In The Water And Water Treatment Industry Opens Up New Growth Opportunities For The Global Market Growth"

The increasing use of catalase enzymes in the water treatment industry will provide a significant growth opportunity for the catalase market globally during the forecast period. For example, membrane technologies are used to remove pollutants from water, which are becoming increasingly popular due to their high efficiency and low energy requirements. Membrane bioreactors (MBRs) are also used to treat wastewater from municipal sewage treatment plants. MBRs combine membrane filtration and biological treatment, enabling the removal of a wide range of pollutants from wastewater. In addition, another example is Advanced Oxidation Processes, AOPs, a set of chemical processes that use a lot of electricity to remove pollutants from water. AOPs effectively remove a wide range of pollutants and are becoming increasingly popular due to their superior efficacy.

CATALASE MARKET SEGMENTATION

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• By Type

Based on type the global market can be categorized into Industrial Grade, Food Grade.

Food Grade Catalase is expected to register significant growth during the forecast period. Since this product has the largest application in the food and beverage industry, this type of enzyme is widely used in the preservation of packaged edible products. This version is high in antioxidants and is made by fermenting Aspergillus niger, a type of fungus.

Industrial grade catalase plays a role in the food industry in removing hydrogen peroxide from milk before cheese is made. Another use is in food packaging, where it prevents the food from oxidizing.

• By Application

Based on application the global market can be categorized into Textile Industry, Food and Beverage Industry, Environmental Protection, Electronics, Other.

The food and beverage industry segment is expected to hold a significant market share during the forecast period. The expansion of this market sector can be attributed to the widespread use of catalase enzyme in the food and beverage industry. Catalase can act as a food preservative and tolerate exceptionally high PH levels, both of which contribute to its ability to thrive in high PH environments.

Catalase is used to break down hydrogen peroxide and produce water and oxygen. Catalase is added to the dye bath before dyes and chemicals are added to remove hydrogen peroxide. Catalase is effective because it is neutralized before the dye is added to the textile.

Catalase plays a role in environmental protection. Catalase is a common enzyme found in almost all living organisms exposed to oxygen that catalyzes the breakdown of hydrogen peroxide into water and oxygen. It is a very important enzyme that protects the cell against oxidative damage caused by reactive oxygen species.

DRIVING FACTORS

"Growing Demand For Organic And Natural Cosmetics Is Boosting The Growth Of The Global Market"

Growing demand for organic and natural cosmetics is key to the growth of the global catalase market. Natural cosmetics and Organic cosmetics are made from natural ingredients. Many consumers today prefer natural and organic cosmetics over artificial cosmetics because they are considered safer and more effective. Organic and natural cosmetics are also more environmentally friendly. Catalase enzyme is also widely used in the wastewater treatment process. All these differentiating factors are expected to increase the demand for catalase across the globe. Widespread use of catalase in various sectors such as textiles is also expected to boost the catalase market growth.

"Increasing Demand For Packaged Food And Beverages Foster The Market Growth"

Growing demand for packaged food and beverages in developed countries such as the US and Europe, where catalase is used to extend shelf life, will boost the growth of the global catalase market. However, several factors such as temperature reduction, precise storage and handling, and high production costs are expected to hinder the growth of the catalase market in the future. In contrast, technological advances have been made in the use of catalase enzymes in water treatment operations. Day by day deterioration of water quality will create lucrative opportunities for the global catalase market during the forecast period. The enzyme catalase is necessary to extend the shelf life and quality of the product. In addition, as consumer interest in personal hygiene grows, the need for catalase in cosmetic products increases. The food and beverage industry is growing and there is a high demand for high-quality food and hygiene products, which is driving the demand for catalase worldwide. Catalase also plays an important role in food packaging and cheese production. These factors have led to an increase in the demand for catalase in the food and beverage industry, which is expected to drive the catalase market growth.

RESTRAINING FACTORS

"Adverse Effects May Impede Market Growth"

Although this product reduces oxidation in biological compounds and cells, it may have adverse effects due to related allergies. When combined as a medicine, it is known to reduce oxygenation and reduce pain in patients. However, inhaling the product can cause asthma and breathing problems, and it also irritates the eyes. Therefore, it is important to be careful when handling this enzyme in biotech laboratories or commercial pharmaceutical facilities. Therefore, additional safety measures are needed, which will probably increase the cost of its use in other final products such as hair dyes and bleaches. As a result, the additional security protocols required may reduce its demand, which is a limiting factor for the market's revenue growth.

CATALASE MARKET REGIONAL INSIGHTS

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"North America Dominates the Global Market During the Forecast Period due to its Various Industrial Applications"

The market is primarily segmented into Europe, Latin America, Asia Pacific, North America and Middle East and Africa.

North America is expected to dominate the global catalase market share during the forecast period. North America has been an important market for catalase due to its various industrial applications. Growth drivers for the North American market include the growing use of catalase in the booming food and beverage sector in countries such as the US, where catalase is used to ensure food safety and quality by removing residual hydrogen peroxide. In addition, increased focus on the use of the product in various industries such as water treatment and textiles has increased the demand for catalase in the region.

KEY INDUSTRY PLAYERS

"Key Industry Players Shaping the Market through Innovation and Market Expansion"

The catalase market is significantly influenced by key industry players that play a pivotal role in driving market dynamics and shaping consumer preferences. These key players possess extensive retail networks and online platforms, providing consumers with easy access to a wide variety of wardrobe options. Their strong global presence and brand recognition have contributed to increased consumer trust and loyalty, driving product adoption. Major market players are investing heavily in RandD to expand their product lines, helping to further grow the seasonal affective disorder market. Market players are also engaged in various strategic activities to expand their global footprint, including market developments such as new product launches, agreements, mergers and acquisitions, major investments and collaborations with other companies. catalase market competitors must deliver cost-effective products to expand and succeed in an increasingly competitive and growing market environment.

List of Market Players Profiled

• DuPont (U.S.)
• Novozymes (Denmark)
• GenoFocus (South Korea)
• Habio (China)
• Sunson (China)
• Jiangyin BSDZYME (China)
• Youtell Biochemical (U.S.)
• Beijing Winovazyme Biotech (China)
• Hunan Lerkam (China)

INDUSTRIAL DEVELOPMENT

June 2021: Kerry, a flavor and nutrition company, and BIO-CAT, Inc., a biotechnology company based in Virginia. enter into a strategic partnership to focus on revolutionary enzyme product development. Through this partnership, Kerry is responsible for the sales, marketing and distribution of OPTI-BIOME MB40, BIO-CAT's proprietary probiotic strain. The change is fueling the growth of the catalase market globally.

REPORT COVERAGE

The study encompasses a comprehensive SWOT analysis and provides insights into future developments within the market. It examines various factors that contribute to the growth of the market, exploring a wide range of market categories and potential applications that may impact its trajectory in the coming years. The analysis takes into account both current trends and historical turning points, providing a holistic understanding of the market's components and identifying potential areas for growth.

The research report delves into market segmentation, utilizing both qualitative and quantitative research methods to provide a thorough analysis. It also evaluates the impact of financial and strategic perspectives on the market. Furthermore, the report presents national and regional assessments, considering the dominant forces of supply and demand that influence market growth. The competitive landscape is meticulously detailed, including market shares of significant competitors. The report incorporates novel research methodologies and player strategies tailored for the anticipated timeframe. Overall, it offers valuable and comprehensive insights into the market dynamics in a formal and easily understandable manner.