Microbial Lipase Market

Microbial Lipase Market Size and Forecast (2023-2028):

The Global Microbial Lipase Market share value is expected to grow at a CAGR of 6.8% during the forecast period 2023-2028 to reach USD 793.9 billion by 2028 from USD 535.0 billion in 2022.

Market Overview:

Lipases are triacylglycerol acetylhydrolase that catalysis the hydrolysis of the long-chain triglycerides into fatty acids and alcohol. This process is also known as lipolysis. These enzymes are produced by bacteria, fungi, and yeast, and the most commonly lipase-producing bacteria are Bacillus spp., Pseudomonas spp., Staphylococcus sp., and Burkholderia sp. Microbial lipases have the highest activity as compared to animal and plant sources. These lipases have wide applications in various industries, such as the food industry, detergent industry, pharmaceutical industry, biodiesel production, leather industry, and also bioremediation. Over the years, microbial lipases from the bacterial source have gained attention in industries due to their ability to rapidly reproduce, stability, and selectivity for the substrate. Also, the use of microbial lipases in various industrial processes provides more sustainable and eco-friendly alternatives compared to traditional chemical methods.

Recent Developments in the Microbial Lipase Industry:

• On 27th February 2020, Scientists from UK and India used mustard oil cakes for the culturing of the lipase-producing bacteria called Anoxybacillus sp. ARS-1, these oil cakes as a feed, are more cost-effective and yield a high amount of lipase.

REPORT COVERAGE:

Drivers:

Microbial lipase plays a crucial role in the food industry; as the population is increasing, the demand for processed and convenient products is also increasing. One of the most significant uses of microbial lipases is the production of cheese, where the enzyme breaks down the milk fat into fatty acids and glycerol, which adds flavors and texture to the cheese; with increasing demand for cheese worldwide, the microbial lipase market shares are also increasing. These microbial lipases also have been used in enhancing of flavors of food products, such as in the meat industry. The lipase breaks down the fats and brings out the unique taste and texture of processed meat. In addition, they have also been used in bakery products since the lipases alter the dough texture and elasticity, leading to a better quality of baked products. All these applications of microbial lipases in the food industry increase its market size.

As there is a growing awareness of environmental sustainability among individuals and the government, the demand for fossil fuel alternatives has increased, and one such alternative, Biofuel, has gained significant attention. Microbial lipases catalyze transesterification reaction, where it converts vegetable oil, animal fats, and feedstock into biodiesel. It breaks down triglycerides into fatty acid esters (biodiesel) and glycerol. Along with this, it contributes to bioremediation by degrading complex organic compounds present in polluted water into simpler organic compounds. Thus, the adoption of microbial lipases in the production of biodiesel and bioremediation caused exponential growth in the microbial lipase market.

The cosmetic industry, over the years, has been seeing prominent growth due to increasing fashion trends, high disposable income, and increasing awareness of skincare routines. Thus, an increase in skincare routines has led to the growth of the microbial lipase market. Lipases, as enzymes create emulsification, which acts as a base for creams, lotions, and serums. In cleansing products such as facewash, and shampoos, lipases help in breaking down dirt and oil.

In some anti-aging creams, lipases are added for skin elasticity and smooth texture. Moreover, the demand for sustainable products propelled the microbial lipase market growth.

Also, compared to lipases obtained from plants and animal sources, microbial lipase is cost-effective and can be produced in large quantities by the manufacturer, which exponentially increases the size of the lipid nutrition market.

Restraints:

Labeling and transparency are crucial factors that affect consumers' demand and trust of the consumers. As consumers are becoming aware and conscious of the ingredients and the nutritional content in the food, incorrect labeling and lack of transparency about the fats used in lipid-based products affects purchasing decisions and creates concern among consumers. And therefore, this can restrain the market demand and affects the microbial lipase market share.

Microbial lipases can sometimes lead to allergies and rashes in certain individuals, which can limit the demand for microbial lipase and cause a restraint in the microbial lipase market growth.

Opportunities:

With the advancement in technology and bioprocessing engineering, the property and performance of microbial lipase can be increased, which can create opportunities in various industries. This can drive the production of lipase to meet the increasing demand for microbial lipase.

Bioprocessing engineering plays a pivotal role in maximizing the yield and quality of the microbial lipase enzyme since it uses advanced fermentation technology to increase the yield and quality. And therefore, optimization of the fermentation conditions, such as nutrients and environment, can significantly increase the productivity of the lipase and can increase the microbial lipase market size.

Thus, manipulating the microbial enzyme through genetic manipulation and bioprocess engineering can create an opportunity for the manufacturers to increase the quantity as well as quality for maximizing the demand in the market.

COVID-19 Impact on the microbial lipase market:

The outbreak of COVID-19 led to the implementation of the lockdown and restrictions, which disrupted the global supply chain of microbial lipase, and affected the production and market demand of the microbial lipase market. Moreover, the shortage of labor further affected production and reduced activity in the food and cosmetic industry.

Also, due to the lockdown, consumers spend most of their time at home, which reduced the use of cosmetics and indirectly affected the microbial lipase market since lipase enzymes make important ingredients in cosmetics.

In addition, many research institutes reduced their research activities during the pandemic, which impacted the research and development of the microbial lipase enzyme, causing a decline in the microbial lipase market.

Microbial Lipase Market Segmentation Analysis:

By Source:

• Bacteria
• Fungi

Based on the source, the microbial lipase market is classified into bacteria and fungi; the bacteria segment dominates the market share since bacteria have higher reproduction capability, and it is easy to isolate and culture bacteria, also through genetic manipulation in bacterial genes, the yield and quality of the lipase enzyme can be maximized. This flexibility makes it an attractive option for tailoring the yield and properties of the enzymes. However, fungi microbial lipase has been used in cheese to create a specific texture and taste.

By Form:

• Liquid
• Powder

The powder form of lipase accounts for the highest share and CAGR; this is due to the ease of transportation and handling; the powder form of lipase can be easily weighed and measured out for processing. Moreover, the powder form has better shelf life and stability as compared to the liquid form. Powdered lipases can be easily incorporated into dry formulations, such as powders, tablets, and capsules. This flexibility makes them suitable for a broader range of product applications.

By Application:

• Cleaning Agents
• Animal Feed
• Dairy Products
• Bakery Products
• Confectionery

The cleaning agents have the highest market share due to the lipase enzyme playing an important role in detergents and soaps, as it removes dirt, stains, and oils effectively. The dairy product segment has the highest growing market share because of its use in the production of cheese and enhancement of flavor and texture. Bakery and confectionary products have significant market growth in the forecasted period due to the growing demand for processed food among individuals. The animal feed segment also shows promising market growth in the forecasted period due to increasing livestock farming for meat and milk.

Geographical Segmentation Analysis:

• North America - the United States and Canada
• Europe - United Kingdom, Spain, Germany, Italy, and France
• The Asia Pacific - India, Japan, China, Australia, Singapore, Malaysia, South Korea, New Zealand, and Southeast Asia
• Latin America  - Brazil, Argentina, Mexico, and Rest of LATAM
• The Middle East and Africa - Africa and Middle East (Saudi Arabia, UAE, Lebanon, Jordan, Cyprus)

By Region Analysis:

Based on the region, Asia Pacific accounted for the highest market share, as there is increasing demand for agricultural feed due to increasing livestock farming and cattle rearing. Also, the usage of cleaning agents in countries like India and China is high due to the high population. Europe has the fastest growing market, owing to the increasing food industry and huge demand for confectionery and bakery products. Also, Europe has the largest consumption and production of dairy products, such as yogurt, cheese, and butter. This caused an increase in the microbial lipase market. North America also has significant growth due to high disposable income and increased awareness and usage of skincare products, and research and development by major key players. Latin America shows steady market growth, whereas the Middle East and Africa have low market growth as compared to other regions.

Key Players in the Market:

Major Key Players in the Global Microbial Lipase Market are

• Novozymes (Denmark)
• DSM (Netherlands)
• Chr. Hansen (Denmark)
• Amano Enzymes (Japan)
• Associated British Foods (UK)
• DowDuPont (US)
• Advanced Enzymes (India)
• Enzyme Development Corporation (US)
• Creative Enzymes (US)
• Meito Sangyo Co. Ltd (Japan)