Enjoy complimentary customisation on priority with our Enterprise License!
The Biocatalysis And Biocatalyst Market size is forecast to increase by USD 169.38 thousand, at a CAGR of 4.8% between 2023 and 2028. The market is witnessing significant growth due to the increasing demand for sustainable and eco-friendly production processes. One of the primary drivers is the rising adoption of biocatalytic processes in various industries, including pharmaceuticals and biofuels, to produce biological molecules. However, the market faces challenges such as the limited substrate specificity of biocatalysts, necessitating substrate modifications and protein engineering. Advancements in genome sequences and DNA sequencing technologies are facilitating the development of novel biocatalysts with enhanced properties. Whole cells and isolated enzymes are increasingly being used for drug production, further fueling market growth. Computer-assisted models are being adopted for biocatalytic production processes to optimize reaction conditions and improve efficiency. Despite these advancements, addressing the challenges of substrate specificity and developing cost-effective biocatalysts remains crucial for market expansion.
Request Free Biocatalysis And Biocatalyst Market Sample
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD thousand" for the period 2024-2028, as well as historical data from 2018 - 2022 for the following segments.
The biofuels segment is estimated to witness significant growth during the forecast period. Biocatalysis plays a significant role in the biofuel industry, specifically in converting biomass into biofuels such as ethanol and biodiesel. Enzymes, including cellulases, lipases, and amylases, are extensively utilized to break down plant biomass into fermentable sugars and fats, which are vital for biofuel synthesis. The increasing demand for renewable energy sources is driven by government regulations and initiatives aimed at reducing carbon emissions.
Get a glance at the market share of various regions Download the PDF Sample
The biofuels segment was valued at USD 183,781.20 in 2018. For instance, the European Union Renewable Energy Directive (RED) II encourages the use of biodiesel. Enzymes, like lipases, are indispensable in this process, catalyzing the transesterification of vegetable oils and waste fats into biodiesel. By using biocatalysts instead of chemical catalysts, the production process becomes more environmentally friendly and nontoxic. Aqueous solvents and organic solvents are often employed in biocatalysis, depending on the specific requirements of the enzymes and substrates. Molecular biologists and organic chemists collaborate to optimize the enzyme production and substrate tolerance for efficient biofuel production.
For more insights on the market share of various regions Request Free Sample
North America is estimated to contribute 39% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The North American market for biocatalysis and biocatalysts is experiencing significant growth, with key contributors being the pharmaceutical, biofuels, and food and beverage industries. Biocatalysis, a process that utilizes cells to catalyze chemical reactions, is gaining popularity due to its ability to improve production efficiency and promote environmental sustainability. In the biofuels sector, there is a growing commitment to reducing carbon footprints and increasing sustainability, leading to the adoption of biocatalysis. The U.S. government, through initiatives such as the Renewable Fuel Standard (RFS), is setting targets for biofuel production, including ethanol and biodiesel. Long-term cell viability and energy requirements are crucial considerations in continuous biocatalytic processes. Natural substances, such as enzymes and microorganisms, are used as biocatalysts, making the process more eco-friendly compared to traditional chemical catalysis.
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
AB Enzymes GmbH - The company offers biocatalysis and biocatalysts, which are utilized in food, animal feed, textiles, and biofuels.
Technavio provides the ranking index for the top 20 companies along with insights on the market positioning of:
Explore our company rankings and market positioning Request Free Sample
Market structure |
Fragmented |
YoY growth 2023-2024 |
3.5 |
Synthesis Biocatalysis, a branch of biochemical engineering, is an emerging field that utilizes enzymes or whole cells to catalyze organic reactions. This approach offers several advantages over traditional chemical methods, making it an attractive option for the synthesis of organic compounds. Organic chemists and molecular biologists have long been seeking environmentally benign and nontoxic alternatives to conventional reagents and solvents. Biocatalysis provides a solution by employing enzymes as catalysts, which operate under mild conditions using aqueous or organic solvents. Biocatalysts, such as enzymes, exhibit high specificity towards their substrates, ensuring chemo-selectivity, regio-selectivity, and enantioselectivity in reactions. These properties are crucial for the production of chiral drugs, where the enantiomeric purity plays a significant role in therapeutic efficacy. Enzymes, as biocatalysts, can perform asymmetric transformations, which are essential in the pharmaceutical industry for the production of enantiomers. For instance, lipases are widely used for hydrolysis reactions, offering excellent enantioselectivity and substrate tolerance.
The industrial application of biocatalysis is not limited to pharmaceuticals but extends to various sectors such as food, fine chemicals, and renewable resources. Biocatalysis offers several advantages, including the use of renewable resources, biodegradable products, and energy savings. Microbial biofilms, a complex community of microorganisms adhered to a surface, are another promising area in biocatalysis. These biofilms can be utilized for continuous processes, ensuring cell retention and maintaining stable catalytic activity. Industrial catalysis, traditionally dominated by inorganic catalysts, is increasingly adopting biocatalysis due to its advantages. Biocatalysts operate under mild conditions, reducing waste generation and energy requirements. Continuous processes, enabled by biocatalysis, offer increased productivity and reduced costs. Biocatalysis is a promising approach for the synthesis of organic compounds, offering several advantages over traditional chemical methods. Its environmentally friendly nature, high specificity, and mild reaction conditions make it an attractive option for various industries, including pharmaceuticals, food, and fine chemicals. The future of biocatalysis lies in its potential to revolutionize industrial processes, reduce waste generation, and promote sustainable chemistry. Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Rising biofuel production globally is notably driving market growth. Biocatalysis and biocatalysts play a crucial role in the production of biofuels, particularly in the digestion of renewable resources such as sugars from plant materials, agricultural waste, and algae. Biocatalysts, which are microorganisms or enzymes, facilitate chemical reactions in biofuel production processes, replacing the need for traditional chemical catalysts. The global shift towards renewable energy sources and the reduction of greenhouse gas emissions have fueled the growth of the biocatalysis and biocatalyst market. Biofuels, derived from these renewable resources, offer a cleaner energy alternative, aligning with energy policies and sustainability goals worldwide.
According to market projections, the global biofuels demand is expected to increase by approximately 38 billion liters from 2023 to 2028, representing nearly a 30% increase from the previous five-year period. This growth is driven by the expanding biofuels market, particularly in the brewing industry, where biocatalysts are extensively used in alcohol production. Despite the benefits, challenges remain, including the production of toxic by-products and the specificity of biocatalysts towards certain substrates. Continuous research and innovation are essential to address these challenges and improve the efficiency and sustainability of biofuel production processes. Thus, such factors are driving the growth of the market during the forecast period.
The adoption of computer-assisted models for biocatalytic production processes is the key trend in the market. The market is experiencing significant advancements with the integration of computer-assisted models. These models, driven by computational tools and artificial intelligence (AI), enhance the efficiency, accuracy, and scalability of biocatalytic reactions. By simulating enzymatic sequences and predicting organism behavior under various conditions, these models optimize reaction parameters, including temperature, pH, and substrate concentrations. This reduces experimental trials' time and resources, expediting the development of biocatalytic processes and facilitating a smoother transition from laboratory to industrial applications. This model employs advanced screening techniques, such as directed evolution and selection pressures, to generate biocatalyst variants. The design-test-make cycle is streamlined through the integration of these models, allowing for a more efficient and cost-effective approach to biocatalysis and biocatalyst development. Thus, such trends will shape the growth of the market during the forecast period.
Limited substrate specificity of biocatalysts is the major challenge that affects the growth of the market. The market face a critical hurdle with the limited substrate compatibility of biocatalysts, particularly enzymes. These biocatalysts exhibit a narrow range of substrates they can effectively catalyze, thereby limiting their applicability in diverse industrial processes. For instance, lipases, which catalyze the hydrolysis of triglycerides, may only function optimally on specific types of fats. This specificity poses challenges in biodiesel production, where a range of feedstocks, including animal fats and vegetable oils, necessitate different enzyme preparations.
Similarly, cellulase, an enzyme crucial for breaking down cellulose into glucose, faces the same challenge due to its specificity towards certain plant materials. To expand the scope of biocatalysts' applications, researchers focus on modifications and protein engineering. Genome sequences and DNA sequencing provide valuable insights into enzyme structures and functions, enabling scientists to make targeted modifications to enhance substrate compatibility. By tailoring enzymes to recognize and catalyze a broader range of substrates, the market can unlock new opportunities in various industries. Hence, the above factors will impede the growth of the market during the forecast period
The market forecasting report includes the adoption lifecycle of the market research and growth, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
The use of enzymes to catalyze chemical reactions, is gaining significant attention in the chemical industry due to its potential to produce organic compounds using environmentally benign and nontoxic reagents. Biocatalysts, such as enzymes, exhibit high specificity and can operate under mild conditions, making them ideal for asymmetric transformations and the production of chiral drugs. Molecular biologists and organic chemists have been exploring the use of biocatalysts for various industrial applications, including the hydrolysis of lipases, enantioselective reactions, and the digestion of sugars and alcohols in brewing. Biocatalysis offers several advantages over traditional chemical catalysts, including the ability to work in aqueous solvents and the production of biodegradable and renewable resources.
Enzymes exhibit remarkable chemo-selectivity, regio-selectivity, and enantioselectivity, allowing for the production of enantiomers with high purity. Industrial catalysis using biocatalysts also offers continuous processes, cell retention, and long-term cell viability, reducing waste generation and energy requirements. Microbial biofilms and whole cells are also being explored for their potential in biocatalysis. The use of natural substances as biocatalysts and the modifications of enzymes through protein engineering and DNA sequencing are also gaining popularity in the field. The industrial application of biocatalysis extends to the production of antimicrobial agents and the synthesis of various organic compounds. The design-test-make cycle and computational tools are being used to optimize the performance of modified enzymes and variants, leading to more efficient and cost-effective processes.
Market Scope |
|
Report Coverage |
Details |
Page number |
211 |
Base year |
2023 |
Historic period |
2018 - 2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.8% |
Market Growth 2024-2028 |
USD 169.38 thousand |
Regional analysis |
North America, Europe, APAC, Middle East and Africa, and South America |
Performing market contribution |
North America at 39% |
Key countries |
China, Spain, Japan, India, Germany, UK, France, US, Switzerland, and Canada |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
AB Enzymes GmbH, Amano Enzyme Inc., BASF, Biocatalysts Ltd., Biosynth Ltd., c-LEcta GmbH, Codexis Inc, DuPont de Nemours Inc., Enzyme Development Corp., Enzymicals AG, Evonik Industries AG, evoxx technologies GmbH, Fraunhofer Gesellschaft, Ginkgo Bioworks Holdings Inc., Johnson Matthey Plc, Mettler Toledo International Inc., Novozymes AS, Prozomix Ltd., and Wacker Chemie AG |
Market dynamics |
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, AI impact on market trends, COVID -19 impact and recovery analysis and future consumer dynamics, market condition analysis for the market forecast period |
Customization purview |
If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
1 Executive Summary
2 Technavio Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Application
9 Market Segmentation by Type
10 Customer Landscape
11 Geographic Landscape
12 Drivers, Challenges, and Opportunity/Restraints
13 Competitive Landscape
14 Competitive Analysis
15 Appendix
Get the report (PDF) sent to your email within minutes.
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.