Invertase Market Size was estimated at 4.09 (USD Billion) in 2023. The Invertase Industry is expected to grow from 0.10(USD Billion) in 2024 to 0.19 (USD Billion) by 2032. The Invertase Market CAGR (growth rate) is expected to be around 7.70% during the forecast period (2024 - 2032).
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
The rising demand for sweetening agents in different industries of foods and beverages, along with the increasing awareness among the people about the health benefits of natural sweeteners, is expected to drive the growth of invertase market. Key market trends include; more usage of invertase in low-calorie food and beverage products, development of novel enzymes with improved properties and increase in popularity of vegan and plant-based diets.
Opportunities for capturing market share lie in exploring new fields for using invertase such as pharmaceuticals and biofuel production. Recent trends have also seen progress made in enzyme engineering that allows customization of invertase enzymes to specific applications thereby improving efficiency and reducing production costs. Additionally, there has been emergence of micro encapsulation technology which has helped stabilize the activity of invertase enzymes making it possible to use them over a long period as well as enhancing their performance under different environments.
In order to cope with the emerging demand for natural and healthier options to refined sugars promoted by a rise in consumer awareness, invertase can be identified as a deconstructive enzyme. Being able to open a sucrose molecule into glucose and fructose, it is able to offer a sweeter taste without the consequences and negative implications produced by white sugar. Thus, the rise in demand for food and beverages with natural sweeteners can be viewed as the primary growth driver of the Global Invertase Market Industry.
The expansion of the food and beverage industry, especially in emerging markets, is boosting the demand for invertase. Invertase is heavily used in the food and beverage industry on account of making a sine qua non of various of the sector's products. The products in question range from confectionery and baked goods to soft drinks. The implication here is that the growth of the food and beverage sector is directly proportional to the growth of the invertase market.
Technological advancements in enzyme production have led to increased efficiency and cost-effectiveness in the production of invertase. This has made invertase more accessible to manufacturers, leading to its wider adoption in various food and beverage applications.
The source segment of the Global Invertase Market can be divided into microbial, yeast, and plant. According to the report, the microbial source is expected to be the key segment, with microbial invertase in the Global Invertase Market generating a substantial portion of revenue in 2023. The author believes that this conclusion can be explained by the growing demand for microbial enzymes employing different raw materials across such fields as food and beverages, pharmaceuticals, and detergents. This being said, the yeast source is also expected to grow efficiently helped by the need to produce a broad field of industrial products, including biofuels.In turn, plant sources are expected to stay the smallest market share proposed by the source-type segmentation because of a limited number of options and high production expenses. Therefore, the Global Invertase Market segmentation is quite efficient and helps to understand the current market needs. This provides valuable insights into the dynamics of the market and, hence, helps to develop effective strategies to achieve better market share, profitability, and client satisfaction.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
On the basis of application, the global Invertase market is segmented into Food and Beverages, Pharmaceuticals, and Industrial. Tthe Food and Beverages segment accounted for the highest market portion of around 59% in the year 2013, and it is expected to grow with a profitable compound annual growth rate over the forecast period. This growth can be attributed to the extensive use of invertase in the production of a vast scope of food and beverage items comprising confectionery, baked goods, and soft drinks, among numerous others. The Pharmaceutical segment is also anticipated to extend at a decent pace, backed by the massive demand for invertase in the production of antibiotics and anti-inflammatories, vaccines, and various other pharmaceutical items.The industrial segment is also expected to grow noticeably, with its applications extending to the usage in the manufacturing of textiles, paper, cellulose preparations, and leather.
The Invertase Market is segmented by form into liquid and powder. This is because of its simple use and handling that makes the liquid segment more popular and likely to have a bigger market share by 2024. Invertase is a natural enzyme that converts sucrose into glucose and fructose which are much sweeter than sucrose. This has made it be the best choice as an ingredient in low-calorie, sugar-free products. Furthermore, the surge in demand for invertase among pharmaceuticals pushes this trend further. Antibiotics, vitamins and other drugs are produced using invertase. This enzyme also finds use in the production of biofuels as well as other industrial applications. There exist several major players globally, contributing to high competition levels within Global Invertase Market. Some of them include DSM, Novozymes and AB Enzymes. Furthermore, the increasing demand for natural sweeteners coupled with escalating use of invertase in pharmaceuticals will result to continuous growth of Invertase Market.
The End-Use Industry segment plays a pivotal role in shaping the Global Invertase Market revenue. Among the key end-use industries, dairy, confectionery, beverage, and pharmaceutical industries are projected to drive substantial growth in the coming years. The dairy industry utilizes invertase to enhance the sweetness of dairy products like yogurt and ice cream. The confectionery industry employs invertase in the production of high-quality chocolates and candies, contributing to a significant market share. The beverage industry leverages invertase to manufacture fruit juices, soft drinks, and alcoholic beverages, propelling market growth. Additionally, Pharmaceutical industry utilizes invertase to make antibotics and other medications.
The global Invertase market is segmented by Grade into Food Grade, Pharmaceutical Grade, and Industrial Grade. Among these segments, the food-grade segment holds the largest market share and is expected to continue its dominance throughout the forecast period. The growth of this segment can be attributed to the increasing demand for processed foods and beverages, as Invertase is widely used in the production of these products. The Pharmaceutical Grade segment is also expected to witness significant growth, owing to the rising demand for Invertase in the production of drugs and pharmaceuticals.The Industrial Grade segment is expected to grow at a steady pace, as Invertase is used in various industrial applications, such as textiles, paper, and detergents.
The Global Invertase Market is segmented into North America, Europe, APAC, South America, and MEA. North America is expected to account for the largest share of the market in 2023, owing to the presence of a large number of food and beverage manufacturers in the region. Europe is expected to be the second-largest market for invertase, followed by APAC. The APAC region is expected to witness the highest growth rate during the forecast period, due to the increasing demand for processed foods and beverages in the region. South America and MEA are expected to account for a smaller share of the global invertase market.The Global Invertase Market is driven by factors such as the increasing demand for processed foods and beverages, the growing popularity of natural sweeteners, and the rising awareness of the health benefits of invertase. The market is also benefiting from the growing adoption of invertase in various industrial applications, such as in the production of pharmaceuticals, cosmetics, and detergents. The key players in the Global Invertase Market include Associated British Foods plc, Novozymes A/S, DSM, and Cargill, Incorporated. These companies are focusing on product innovation and expansion into new markets to maintain their competitive edge.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
The Invertase Market Companies include relatively few major global players. There are also regional local players in the market. In this Invertase Market Company Analysis, the leading global players among the competitors are Novozymes and DSM. These two are well-established global players and the key competitors in the market. Some of the products of the Novozymes and DSM companies in the invertase market are Invertase Novo and Maxinvert, respectively.The major competitor of Novozymes in the Global Invertase Market is DSM. Similar to Novozymes, DSM also serves other markets by providing a range of enzymes to other manufacturers around the world. However, DSM is not a big brand company in the production of invertase. The brand name of the invertase products produced by DSM is Maxinvert. Unlike Novozymes, this company is more focused on developments in its new products. Since DSM is not a big brand, there are plenty of opportunities for this company to grow its products well in the market. Invertase Market products produced by these manufacturers always follow eco-friendly products. The requirements of the customers for quality invertase products and timely technical support will be fulfilled by Novozymes. The requirements of customers for cost-effective invertases and sustainable practices will be fulfilled by DSM.
Invertase Market Industry Developments
The global Invertase Market is projected to witness steady growth over the forecast period, driven by rising demand from the food and beverage industry. Invertase is an enzyme used in the hydrolysis of sucrose to produce glucose and fructose. It finds wide application in the production of various food products, including confectionery, baked goods, and beverages. The growing popularity of natural sweeteners, coupled with increasing consumer preference for low-calorie food products, is expected to fuel market growth. Moreover, advancements in enzyme technology and the development of novel applications in the pharmaceutical and cosmetics industries are anticipated to provide lucrative opportunities for market expansion. Key players in the market are focusing on expanding their production capacities and investing in research and development to cater to the evolving needs of customers. Strategic partnerships and collaborations are also expected to shape the competitive landscape in the coming years.
| Report Attribute/Metric | Details |
| Market Size 2023 | 4.09(USD Billion) |
| Market Size 2024 | 0.10(USD Billion) |
| Market Size 2032 | 0.19(USD Billion) |
| Compound Annual Growth Rate (CAGR) | 7.70% (2024 - 2032) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year | 2023 |
| Market Forecast Period | 2024 - 2032 |
| Historical Data | 2019 - 2023 |
| Market Forecast Units | USD Billion |
| Key Companies Profiled | Chr. Hansen, DSM, Genencor International, Biospringer, Shandong Longda Enzyme, Alltech, AB Enzymes, Jiangsu Enzyme, Novozymes, Kerry, Biocatalysts, Toyobo, Sumitomo Chemical, Enzyme Development Corporation, Amano Enzyme |
| Segments Covered | Source, Application, Form, End-Use Industry, Grade, Regional |
| Key Market Opportunities | 1 Growing demand for natural sweeteners2 Expansion of the food and beverage industry3 Increasing use in pharmaceuticals4 Technological advancements in enzyme production5 Rising awareness of health benefits |
| Key Market Dynamics | Growing demand for high-fructose corn syrup HFCS Increasing prevalence of diabetes and obesity Rising consumer preference for natural sweeteners Technological advancements in enzyme production Expanding applications in the food and beverage industry |
| Countries Covered | North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The global Invertase Market is expected to reach a valuation of USD 0.19 billion by 2032, exhibiting a CAGR of 7.70% during the forecast period (2024-2032).
The Asia-Pacific region is projected to account for the largest market share in the Global Invertase Market, owing to the increasing demand for processed foods and beverages in countries such as China, India, and Japan.
Invertase finds widespread applications in the food and beverage industry, particularly in the production of inverted sugar, which is used as a sweetener in a variety of products, including confectionery, bakery, and beverages.
Some of the prominent players in the Global Invertase Market include DSM, Novozymes, AB Enzymes, and Amano Enzyme Inc.
The increasing demand for processed foods and beverages, the rising popularity of natural sweeteners, and the growing awareness of the health benefits of inverted sugar are key factors contributing to the growth of the Global Invertase Market.
The Global Invertase Market faces certain challenges, such as fluctuations in raw material prices, intense competition, and stringent regulatory requirements.
The Global Invertase Market is anticipated to exhibit a steady growth rate of 7.70% during the forecast period from 2024 to 2032.
Key trends influencing the Global Invertase Market include the rising consumer preference for natural and organic products, the increasing adoption of biotechnology in enzyme production, and the growing demand for invert sugar in emerging markets.
The COVID-19 pandemic had a moderate impact on the Global Invertase Market. While the demand for processed foods and beverages declined during lockdowns, the market has since rebounded and is expected to continue growing in the coming years.
The Global Invertase Market is expected to witness continued growth in the coming years, driven by the increasing demand for processed foods and beverages, the rising popularity of natural sweeteners, and the growing awareness of the health benefits of inverted sugar.
Senior Research Analyst I have a bachelor's degree in mechanical engineering and an mba. i have more than two years of expertise in the retail, food, and beverage, chemical, and material industries, and hence have developed a sound cross-domain expertise. a firm believer in lifelong learning and sharing of knowledge. having a proclivity for hatching ideas and trying to absorb as much information as possible in a short amount of time. introducing corporates to the data and insight, which enables them to move from probability to possibility, has been my key areas of interest.
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