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Global Pectin Lyase Market - Segmentation By End-User (Textile, Winemaking, Agriculture, Food sector), By Geography & Region, Competitor Forecast, 2022-2027.

Global Pectin Lyase Market Size (2022 – 2027)

According to our research report, the global pectin lyase market is estimated to reach a total market valuation of USD 300 million by 2027. The market is projected to grow with a CAGR of 5.2% per annum during the period of analysis (2022-2027).

Industry Overview

An enzyme derived from the mold Aspergillus niger called pectinase is employed in the investigation of plant protoplast culture. This enzyme helps the fruit industry's extraction of fruit juices by dissolving the plant polysaccharide pectin. Pectinase is also used as a digestive aid, in the manufacture of wine, and the extraction of plant materials. The market for pectinase is driven by the rise in disorders associated with digestion, significant R&D spending, and adjustments to farming methods. The government's strict regulatory requirements, however, are anticipated to limit market expansion. The primary producers of pectinase are offered attractive prospects by the growth of the food and textile sectors.

Proteins are called enzymes to regulate the rate of chemical reactions in your body. These reactions would occur too slowly without enzymes to keep you alive. The primary role of enzymes, which are globular-shaped proteins that are present throughout the body, is to serve as biological catalysts. To maintain an efficient pace of biological reaction, an enzyme might work to accelerate or restrict the rate of the reaction. The enzyme catalyzes a variety of reactions throughout its life cycle and plays a significant part in the reactions of several compounds within the body. Enzymes can lessen the amount of energy needed to initiate a reaction, break existing links between the reactants, and create new ones.

The major cell walls of terrestrial plants include pectin, a structural heteropolysaccharide. Henri Braconnot originally isolated it and wrote about it in 1825. Contrary to the usual combination of polygalacturonase and pectin esterase found in commercial products, pectin lyase is the only known pectinase capable of degrading highly esterified pectins (such as those found in fruits) into tiny molecules via the B-elimination mechanism without creating methanol. In modern food technology, the use of pectinolytic enzymes is crucial for the maceration of fruits and vegetables as well as for the extraction, concentration, and clarity of their juices.

Impact of Covid-19 on the Industry

The Covid-19 pandemic outbreak has considerably damaged the worldwide pectinase market's growth trajectory; however, the laws and restrictions have been loosened and key market companies have implemented growth activities, which are likely to generate development prospects in the next years.

Market Drivers

Rising demand in the textile industry will drive the market growth

Due to the rising demand for pectinase, particularly from end-user industries including the food, wine, textile, and aquaculture sectors, the worldwide pectinase market is predicted to expand significantly with a significant CAGR during the forecast period. In recent years, the exploding trend of specialty retail formats that enable specialized items with flavoring and sweet-smelling specialized gained enormous appeal. Fruit extracts are readily accessible and reasonably priced in a range of categories and grades, including those for food, personal care, and home care. Customers thus have a variety of options, which also boosts fruit extracts' commercial revenue.

Rising demand in the drinks and beverages industry will drive the market growth

However, one major driver fueling the growth of the worldwide pectinase market throughout the projection period is the rising alcohol consumption, particularly in developed regions. Additionally, there are anticipated to be abundant growth prospects in the worldwide pectinase market due to the rising demand for beverages and refreshments in developed nations. The spike in demand for fruit tastes and nutraceuticals will both considerably contribute to the market's growth. The trajectory of the worldwide pectinase market is also projected to be positively impacted by consumers' increasing propensity to purchase organic goods. Demand will also be boosted by the rise in disorders linked to digestion among people.

The rise in research and development will drive the market growth

Manufacturers are expanding their spending and R&D efforts to manufacture cutting-edge items for the market and grow their consumer base internationally. The market's growth is projected to accelerate exponentially as a result of the fundamental change in farming methods. In the upcoming years, probably, continuous technological improvements will further assist market players in improving their products and providing cutting-edge products at competitive rates.

Market Restraints

Inefficient and cost recovery will challenge the market growth

The cellular segregation of these enzymes, catabolic suppression, and an ineffective and expensive recovery process are major limitations in their synthesis.

This research report on the global pectin lyase market has been segmented and sub-segmented based on, and Geography & region.

Global Pectin Lyase Market- By End-User

  • Textile
  • Winemaking
  • Agriculture
  • Food sector

The market can be divided into the textile, winery, agricultural, and food sectors according to end users. Due to the large number of market participants entering the food and beverage sector, the food sector holds the greatest share of the global market. During the projection period, rising consumer expenditure on packaged and ready-to-eat food items will also fuel the segment's rise. However, the textile industry is also a significant part of the global market because it offers profitable potential for market leaders worldwide.

Global Pectin Lyase Market- By Geography & Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • The Middle East and Africa

Due to the high per capita spending in North America, the region holds the greatest share of the worldwide pectinase market. The growing popularity of packaged, ready-to-eat foods and beverages will also support the expansion. Additionally, the continued technology developments in the food and beverage industry are probably going to support regional market expansion. As a result of the rapidly expanding food and beverage industry in developing nations like China, Japan, and India, Asia Pacific is another dominant region in the worldwide market. Additionally, the increasing use of pectinase in the extraction process is projected to boost regional market expansion.

East Asia and South Asia's pectinase markets are still expanding significantly, largely due to rising populations, rising demand for fruit extracts, and growing health concerns in emerging nations like China and India. In East Asia, China is the largest market. The growth of aquaculture in emerging nations has opened up new business expansion chances for major manufacturers in Asia, which is anticipated to open up new growth opportunities for the pectinase market.

Global Pectin Lyase Market- By Companies

  • Jinyuan Biochemical Co Ltd.
  • Sukahan Bio-Technology
  • Shandong Longda
  • Verenium (BASF)
  • AB Enzymes
  • Koninklijke DSM N.V.
  • Amano Enzyme
  • Novozymes

NOTABLE HAPPENINGS IN THE GLOBAL PECTIN LYASE MARKET IN THE RECENT PAST:

  • Merger & Acquisition: - In 2022, Genera Energy acquired MxG Fiber to expand its enzyme product portfolio.
  • Merger & Acquisition: - In 2022, Sanara Medtech, one of the most prominent distributors of biotechnology products acquired Scandia Biologics which supplies orthobiologic products.

Chapter 1.Global Pectin Lyase Market– Scope & Methodology

1.1. Market Segmentation

1.2. Assumptions

1.3. Research Methodology

1.4. Primary Sources

1.5. Secondary Sources

Chapter 2.Global Pectin Lyase Market– Executive Summary

2.1. Market Size & Forecast – (2022 – 2026) ($M/$Bn)

2.2. Key Trends & Insights

2.3. COVID-16 Impact Analysis

      2.3.1. Impact during 2022 - 2026

      2.3.2. Impact on Supply – Demand

Chapter 3.Global Pectin Lyase Market– Competition Scenario

3.1. Market Share Analysis

3.2. Product Benchmarking

3.3. Competitive Strategy & Development Scenario

3.4. Competitive Pricing Analysis

3.5. Supplier - Distributor Analysis

Chapter 4.Global Pectin Lyase Market - Entry Scenario

4.1. Case Studies – Start-up/Thriving Companies

4.2. Regulatory Scenario - By Region

4.3 Customer Analysis

4.4. Porter's Five Force Model

       4.4.1. Bargaining Power of Suppliers

       4.4.2. Bargaining Powers of Customers

       4.4.3. Threat of New Entrants

       4.4.4. Rivalry among Existing Players

       4.4.5. Threat of Substitutes

Chapter 5. Global Pectin Lyase Market- Landscape

5.1. Value Chain Analysis – Key Stakeholders Impact Analysis

5.2. Market Drivers

5.3. Market Restraints/Challenges

5.4. Market Opportunities

Chapter 6.Global Pectin Lyase Market– By End-User

6.1. Textile

6.2. Winemaking

6.3. Agriculture

6.4. Food sector

Chapter 7.Global Pectin Lyase Market– By Region

7.1. North America

7.2. Europe

7.3. The Asia Pacific

7.4. Latin America

7.5. The Middle East

7.6. Africa

Chapter 8.Global Pectin Lyase Market– Company Profiles – (Overview, Product Portfolio, Financials, Developments)

8.1. Jinyuan Biochemical Co Ltd.

8.2. Sukahan Bio-Technology

8.3. Shandong Longda

8.4. Verenium (BASF)

8.5. AB Enzymes

8.6. Koninklijke DSM N.V.

8.7. Amano Enzyme

8.8. Novozymes

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