The global catalase market, valued at USD 387.4 million in 2022, is projected to reach USD 516.6 million by 2032. The market is anticipated to grow at a compound annual growth rate (CAGR) of 2.9% over the forecast period from 2022 to 2032.
The pH of catalase produced by humans is around 7. Individuals with grey hair typically have lower levels of catalase. This enzyme plays a crucial role across various industries, including medicine, textiles, chemical synthesis, food and beverages, and personal care and cosmetics. Catalase functions as an antioxidant.
Catalase is also crucial in cheese production and the creation of food wrappers. This highlights how indispensable catalase is to the food and beverage industry.
Nowadays, the wastewater treatment process also requires catalase. As water sources become increasingly scarce, the demand for catalase is expected to rise significantly in the coming years. Additionally, the textile industry relies on catalase to ensure fabric purity. These factors are projected to drive growth in the catalase market moving forward.
At the same time, it’s important to note that catalase is quite sensitive to temperature. Specifically, temperatures exceeding a certain threshold can cause the enzyme to denature. Additionally, catalase can potentially damage cell membranes and contribute to greying hair. These issues may limit the growth of the catalase market in the future. Future Market Insights has explored these considerations and their implications in its latest study titled “Catalase Market.”
Key Takeaways from Catalase Market
- North America holds more than 29% of the market share. This could be reasoned with consumers increasingly preferring natural products with skin adornment concerns. Also, inclination towards packaged food and beverages is adding to the revenue.
- Europe holds more than 27% of the overall market share. This could be credited to boom in the cosmetics and personal care vertical all across the Europe. Cosmetics Europe has confirmed that Germany stands first with respect to cosmetics and personal care products, followed by Italy, France, and Poland.
- The Asia-Pacific is expected to grow at the fastest rate in catalase market with countries like India and China representing a fascinating platform for various industries to fund research efforts.
Competitive Landscape
- BIO-CAT, along with BIO-CAAT Microbials, did declare investment worth US$ 35 Mn in March 2022 for significantly expanding the Troy facility. This would help in enhancing the functionality of fermentation. The first phase of expansion comprises construction on a 53,800-square feet area. The future expansion is expected to reach 100K square feet. Completion is expected by May 2023. The existing output is expected to increase by over 400%.
- Biocatalysts, in October 2021, did announce intention of building aa novel 10 m3 fermenter coupled with downstream processing facilities to cater to their cutting-edge enzyme producing facility. This facility claims to provide upscalation with regards to commercial production fermentation and flexibility herein. It could also ferment E. coli, Yarrowia, and Pichia, and later process them downstream.
- Horizon AG-Products, LP comes across as one of the biotechnology-based plant health product manufacturers for farming vertical. The items available include calcium products, hydra-humus, fertilizer additives, catalase compounds, humic-acid, and micronutrient products. The company does create atmospheric biosensors basically using glucose oxidase for determining the activity of catalase.
- Tonbo Biosciences produces bespoke and standard agents. It makes way for recombinant proteins, receptors, proteases, pH buffer solutions, and monoclonal antibodies. PCR and ELISA reagent kits are also available. Antibody conjugation services are also available with them.
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Key Segments Profiled In The Catalase Industry Survey
Catalase Market by Source:
- Catalase sourced from Bovine Livers
- Catalase sourced from Microorganisms
Catalase Market by End Use:
- Catalase for Food & Beverage
- Catalase for the Textile Industry
- Catalase for Pharmaceuticals
- Catalase for Personal Care
- Catalase for Other End Uses
Catalase Market by Product Type:
- Liquid Catalase
- Powder Catalase
Catalase Market by Region:
- North America Catalase Market
- Latin America Catalase Market
- Europe Catalase Market
- Asia Pacific Catalase Market
- Middle East and Africa Catalase Market
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