Invertase Market Size, Share, Analysis, Trends, Growth, 2030

Invertase Industry Prospective:

The global invertase market size was worth around USD 61.1 million in 2022 and is predicted to grow to around USD 93.7 million by 2030 with a compound annual growth rate (CAGR) of roughly 5.5% between 2023 and 2030.

The report analyzes the global invertase 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 invertase industry. 

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Invertase Market: Overview

Invertase is an enzyme that catalyzes the hydrolysis of sucrose (table sugar) into its component sugars, glucose, and fructose. It belongs to a class of enzymes called glycosidases, which are involved in breaking down complex sugars or carbohydrates. Sucrose is a disaccharide composed of one glucose molecule and one fructose molecule linked together. Invertase facilitates the conversion of sucrose into its simpler forms by breaking the glycosidic bond that holds the glucose and fructose together. This process is known as inversion, which is why the enzyme is named invertase. Invertase plays a crucial role in various biological processes and is found in many organisms, including plants, fungi, and some bacteria. It is particularly abundant in yeast and is widely used in the food industry for the production of inverted sugar, which has different properties than regular sucrose. Invert sugar is commonly used as a sweetener in confectionery, baked goods, and beverages. In addition to its industrial applications, invertase also has important roles in biological systems. For example, in plants, invertase participates in the metabolism of sucrose, allowing it to be transported to different parts of the plant and used as an energy source or for storage purposes. Invertase is also involved in processes such as fruit ripening and seed germination.

Key Insights

• As per the analysis shared by our research analyst, the global invertase market is estimated to grow annually at a CAGR of around 5.5% over the forecast period (2023-2030).
• In terms of revenue, the global invertase market size was valued at around USD 61.1 million in 2022 and is projected to reach USD 93.7 million, by 2030.
• The use of invertase is also made in the pharmaceutical industries; these widespread applications of invertase are increasing its demand in the global invertase market.
• Based on the source, the plant-based segment is expected to grow at the fastest rate over the forecast period.
• Based on the end user, the food & beverages segment is expected to dominate the market during the forecast period.
• Based on region, North America is expected to dominate the market over the forecast period.

Invertase Market: Growth Drivers

The increasing food & beverages industry drives the market growth

The food and beverage industry is a major consumer of invertase. As the demand for processed and convenience foods continues to rise, the use of invertase as a food ingredient, particularly in confectionery, bakery, and beverage products, is increasing. The expanding food and beverage sector worldwide is driving the demand for invertase. For instance, as per the data from USDA, Agriculture, food, and associated industries contributed approximately $1.264 trillion to US GDP in 2021, accounting for 5.4 percent of total GDP. America's agriculture output provided $164.7 billion of this total or around 0.7 percent of US GDP. Agriculture's overall contribution to GDP is more than 0.7 percent since agricultural-related industries rely on agricultural inputs to bring value to the economy. In addition, 21.1 million full- and part-time jobs, or 10.5% of all jobs in the United States in 2021, were associated with the agriculture and food industries. About 2.6 million of these positions, or 1.3 percent of all jobs in the country, were direct on-farm work. Another 18.5 million jobs were supported by employment in industries connected to agriculture and food. 11.8 million of these occupations were in eating and drinking establishments, which also supported 3.3 million jobs in food/beverage retailers. Together, the remaining sectors tied to agriculture created an additional 3.4 million employment.

Invertase Market: Restraints

Stringent regulatory requirements limit the market growth                                              

The use of invertase in food and beverage products is subject to regulatory standards and requirements. Regulatory bodies often set limits on the use of enzymes and require manufacturers to provide safety and efficacy data. Complying with these regulations and obtaining necessary approvals can be time-consuming and costly, which may act as a restraint for invertase market players, especially smaller manufacturers.

Invertase Market: Opportunities

Increasing application in pharmaceutical and biotechnology offer a lucrative opportunity

Invertase finds applications beyond the food and beverage industry. It is used in pharmaceutical formulations, drug delivery systems, and biotechnological processes. Invertase's ability to hydrolyze sucrose into glucose and fructose is utilized in various pharmaceutical and biotech applications, including drug synthesis and the production of specific sugars for research purposes. Thus, the increasing application of invertase in pharmaceutical and biotechnology is expected to offer a lucrative opportunity for the invertase industry growth over the forecast period.

Invertase Market: Challenges

Lack of consumer awareness poses a major challenge

While invertase is widely used in various food and beverage products, the general consumer may not be aware of its presence or its benefits. Consumer education and awareness about invertase and its role as a natural enzyme and sugar alternative are crucial for invertase market growth. Limited consumer knowledge or misconceptions about enzyme usage may hinder the demand for invertase-containing products.

Invertase Market: Segmentation

The global invertase industry is segmented based on source, end user, distribution channel, and region.

Based on the source, the global market is bifurcated into plant-based and microorganism-based. The plant-based segment is expected to grow at the fastest rate over the forecast period. The segment growth is attributed to the rising preference for plant-derived and vegan-friendly products. Plant-based invertase finds extensive application in the food and beverage industry. It is used in the production of various food products, including confectionery, baked goods, beverages, and dairy alternatives. It is also utilized in the pharmaceutical and nutraceutical sectors. It plays a role in drug formulation, drug delivery systems, and the production of specific sugars for pharmaceutical purposes. Plant-based invertase is used in the manufacturing of dietary supplements and functional foods, which offer various health benefits. Thus, the growing uses of plant-based invertase in these industries drive market growth.

Based on the end user, the global invertase industry is bifurcated into food & beverages, pharmaceuticals, personal care, and others. The food & beverages segment is expected to dominate the market during the forecast period because it is used in various applications in this sector. Invertase is used in different applications in the food & beverages industry including confectionery, bakery, beverages, fruit processing, ice cream & frozen desserts, and others. For instance, invertase is extensively used in the confectionery industry to create soft-centered and filled candies. It helps in the production of popular confectionery items such as cream-filled chocolates, fondants, pralines, and marshmallows. Thereby, driving the segment growth.

Based on the distribution channel, the global invertase industry is segmented into convenience stores, hypermarkets/supermarkets, online, and direct selling.

Invertase Market: Report Scope

Invertase Market: Regional Analysis

North America is expected to dominate the market over the forecast period

North America is expected to dominate the global invertase market over the forecast period. The regional growth is attributed to the well-established food & beverages and pharmaceutical sectors. For instance, the U.S. Department of Agriculture's Economic Research Service predicts that consumer demand for organic products would increase by double digits in 2022. Additionally, there are close to 20,000 natural food stores in the country, indicating that there is a market for organic fruit in the country. Compared to traditional items like carbonated soft drinks, snack meals, baked goods, staple foods, and caffeinated beverages, healthy, natural, and organic produce is more expensive, but consumers are ready to pay a premium for excellent health. The United States per capita GDP is $16,359, up from $2,553 the previous year, according to the nation's economy.

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The Asia Pacific is expected to grow at the highest CAGR during the forecast period. The growth in the region is attributed to the growing pharmaceutical industry. For instance, the pharmaceutical industry attracted the highest amount of FDI ($32 billion) between 2008 and 2021, significantly more than investments in medical devices ($20 billion), biotechnology ($17 billion), and healthcare ($10.8 billion) subsectors, according to the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) and the Asia-Pacific Trade and Investment Trends 2022/2023.

Invertase Market: Competitive Analysis

The global invertase market is dominated by players like

• Antozyme Biotech Pvt Ltd
• Novozymes
• Infinita Biotech Private Limited
• Sigma-Aldrich Co. LLC.
• Koninklijke DSM N.V.
• Parchem fine & specialty chemicals
• SternEnzym GmbH & Co. KG
• Kerry Inc.
• Meteoric Exim Private Limited
• MP Biomedicals LLC.
• BIO-CAT and Megazyme Inc.
• Others.

The global invertase market is segmented as follows:

By Source

• Plant-based
• Microorganism-based

By End User

• Food & Beverages
• Pharmaceuticals
• Personal Care
• Others

By Distribution Channel

• Convenience Store
• Hypermarket/Supermarket
• Online
• Direct Selling

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