Catalase Market Size, Share, Growth, Forecast 2030

Catalase Industry Prospective:

The global catalase market size was worth around $387.4 million in 2022 and is predicted to grow to around $416.6 million by 2030 with a compound annual growth rate (CAGR) of roughly 3.2% between 2023 and 2030.

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The report analyzes the global catalase market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the global catalase industry.

Catalase Market: Overview

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 by-product of various cellular processes and high concentrations can be harmful to cells. In addition, catalase plays an important role in maintaining cells from oxidative damage by rapidly breaking down hydrogen peroxide into harmless components. In this enzymatic reaction, two molecules of hydrogen peroxide are converted into two molecules of water and one molecule of oxygen. Catalase's efficiency in decomposing hydrogen peroxide is remarkable, enabling it to rapidly defuse this potentially dangerous compound. The occurrence of catalase in cells is vital for maintaining cellular health and preventing oxidative stress, making it a significant player in the body's defense against harmful reactive oxygen species.

Key Insights

• As per the analysis shared by our research analyst, the catalase market is estimated to grow annually at a CAGR of around 3.2% over the forecast period (2023-2030).
• In terms of revenue, the global catalase market size was valued at around $ 387.4 million in 2022 and is projected to reach $ 416.6 million, by 2030.
• The rising demand for organic and natural cosmetics is a key driver for the growth of the global catalase market. Natural and organic cosmetics are made from components that are naturally derived and are not artificial. Many end users now prefer natural and organic cosmetics over artificial ones because they are trusted to be safer and more effective.
• Based on the source, the bovine livers segment is anticipated to capture the largest market share during the forecast period.
• Based on the end-user, the food & beverages segment is projected to grow at a significant rate during the forecast period.
• Based on the product type, the liquid catalase segment is expected to capture the largest revenue share of the global market over the forecast period.
• Based on region, North America is expected to dominate the global market during the forecast period.

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Catalase Market: Growth Drivers

Escalating Demand for Organic And Natural Cosmetics To Boost The Global Market Growth

The rising demand for organic and natural cosmetics is a key driver for the growth of the global catalase market. Natural and organic cosmetics are made from natural ingredients. Many consumers now prefer natural and organic cosmetics over artificial cosmetics as they are considered safer and more effective. Organic and natural cosmetics are also more environmentally friendly. The enzyme catalase is necessary for rising product shelf life and quality. In addition, as consumers’ interest in personal care grows, so does the need for catalase in cosmetic treatments. The food and beverage industry is booming, and there is a huge demand for high-quality food and hygienic, which is increasing the demand for catalase globally. Catalase also plays an important role in food packaging and the manufacture of cheese. These factors have led to an increase in the demand for catalase in the food and beverage industry, which is expected to drive the growth of the global market. Catalase enzyme is also widely employed in the wastewater treatment process. All of these differentiators are projected to enhance the demand for catalase globally. The wide application of catalase in various fields such as textiles is also expected to boost the growth of the global market.

Catalase Market: Restrains

Excessive Cost Of Catalyst To Restrict The Global Industry Expansion

The excessive cost of Catalase is a main restraint to the growth of the catalase industry across the globe. Catalase is a high-cost enzyme and the cost of production is also high. Hence, it is difficult for small & medium enterprises to enter the industry.

Catalase Market: Opportunities

Rising application of products in water & wastewater treatment industries to open new growth avenues for the global market

The rising application of catalase enzymes in water & wastewater treatment industries is projected to offer significant opportunity for growth for the catalase market globally during the forecast period. For example, membrane technologies are used to remove contaminants from water, and they are becoming increasingly popular due to their high efficiency and low energy requirements. Also, membrane bioreactors (MBRs) are used to treat wastewater from municipal sewage treatment plants. MBRs combine membrane filtration with biological treatment, which allows for the removal of a wide range of contaminants from wastewater. Moreover, yet another example is advanced oxidation processes, AOPs, a collection of chemical processes that use high-electricity for removing pollution from water . AOPs are effective at removing an extensive range of contaminants, and they're gaining popularity due to their excessive efficiency. For example, AOPs are used to deal with drinking water to remove pollutants such as chlorine and heavy metals.

Catalase Market: challenges

Lack of standardization and strict laws is a major challenge for the global industry surge.

The lack of standardization and defined rules & regulations will restrict the catalase industry growth. Furthermore, the EU regulations governing require approval before their usage as enzymes in the material may create challenging situations for the region's product manufacturers. One of the main factors limiting the market trends for enzymes is high product pricing in comparison to standard additives.

Catalase Market: Segmentation

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

Based on the source, the global catalase market is bifurcated into microorganisms and bovine livers segments. The microorganism segment is set to capture the largest market share during the forecast period. The growth of the segment can be subject to the rising demand for fungi-based catalase across various end-use applications. Apart from this, fungi-based catalases are best suited for a vegetarian diet, which will likely increase the demand for microorganisms in the coming years. Moreover, the bovine livers segment is expected to grow at a significant rate during the forecast period. Exocrine pancreatic insufficiency, pancreatitis, and pancreatic cancer are some of the medical conditions that catalases are used for treating effectively.

Based on product type, the global catalase industry is segregated into liquid catalase and powder catalase segments. The liquid catalase segment is anticipated to hold a significant market share during the forecast period. In the catalase sector, liquid catalase has attracted much attention due to its ability to decompose hydrogen peroxide into water and oxygen. The reaction of this enzyme is useful in various industrial applications such as food and beverage processing where it is put to get rid of traces of hydrogen peroxide from products like fruits, vegetables, and dairy products ensuring their safety.

Based on end-user, the global catalase market is differentiated into food & beverages, personal care, textiles, pharmaceuticals, and other end-users segments. The food & beverages segment is anticipated to hold a significant market share during the forecast period. The growth of the segment can be attributed to the massive use of catalase enzyme in the food and beverage industries owing to its capacity to function as a food preservative and its outstanding tolerance to high PH levels.

Recent Developments:

• In June 2021, Kerry, the Taste & Nutrition company, and BIO-CAT, Inc., a Virginia-based biotech company, entered into a strategic partnership to focus 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. The move will boost the growth of the catalase market across the globe.
• In May 2021, BRAIN Biotech expanded its stakeholder share in the enzyme producer Biocatalysts Ltd., a global biotechnology company producing specialty enzymes at commercial scales for a variety of industries, including food, flavor, life sciences, and pharmaceuticals. This has enabled BRAIN Biotech to raise its ownership in Biocatalysts Limited. The move will contribute majorly to the global industry.

Catalase Market: Report Scope

Catalase Market: Regional Analysis

North America is expected to dominate the global market during the forecast period

North America is expected to dominate the global catalase market during the forecast period. North America has been a significant market for Catalase due to its various industrial applications. The growth drivers of the market in North America include the rise in catalase use in the thriving food and beverages sector in the countries such as the U.S., where catalase is used to ensure food safety and quality by removing hydrogen peroxide residues. Furthermore, the increasing focus on using the product in various industries, like wastewater treatment and textiles, has increased the scope of the demand for catalase in the region.

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Europe held the second-largest share of the global catalase industry in 2022. Europe has also observed a stable request for catalase, driven primarily by the region's stringent regulations on environmental protection and food safety. In Europe, the food processing industry widely utilizes catalase that complies with food safety standards/protocols, while different other industries in the continent implement it to reduce environmental impact, thereby contributing sizably towards regional industry growth.

Catalase Market: Competitive Analysis

Some of the major companies in the global catalase market include:

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

The global catalase market is segmented as follows:

By Source:

• Bovine Livers
• Microorganisms

By Product Type:

• Liquid Catalase
• Powder Catalase

By End Use:

• Food & Beverages
• Textiles
• Pharmaceuticals
• Personal Care
• Other End-Users

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France 
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa