Catalase Market is segmented By Source (Animals, Microorganisms, Plants, Others), By Type (Powder, Liquid, Others), By End users (Textile Industry, Food and Beverage Industry, Pharmaceuticals, Personal Care, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2024-2031
Catalase Market Overview
Catalase Market is estimated to reach at a CAGR of 3.2% during the forecast period (2024-2031).
Catalase is a widespread enzyme that catalyzes the breakdown of hydrogen peroxide to water and oxygen in practically all living creatures exposed to oxygen (such as bacteria, plants, and animals). It is a crucial enzyme protecting the cell against oxidative damage caused by reactive oxygen species (ROS).
Catalase Market Scope
Metrics | Details |
Market CAGR | 3.2% |
Segments Covered | By Source, By Type, By End users, and By Region |
Report Insights Covered | Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights. |
Fastest Growing Region | Asia Pacific |
Largest Market Share | North America |
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Catalase Market Dynamics
Driver:
Catalase aids in improving product quality and extending product shelf life. As a result, the need for catalase in the food and beverage industry has increased. The use of catalase in cheese and food wrappers has resulted in a massive increase in demand in these industries. It is frequently utilized as an antioxidant due to its antioxidant properties. Catalase is also employed in the wastewater treatment process, which increases market demand. Moreover, the public's growing interest in personal care has resulted in catalase for aesthetic treatments. Therefore, the market is expected to drive in the forecast period from the above statements.
Restraint:
Temperature degradation, pH variations, salt concentration, and inhibitors or activators are all factors that influence the enzyme. Moreover, it damages cell membranes, causes discomfort, causes greying of hair, and promotes lipid peroxidation, which leads to high cholesterol levels, diabetes, and heart attacks. Also, the market is likely to be restricted in the forecast period by factors such as precise storage and handling and high production costs.
COVID-19 Impact Analysis
The COVID-19 pandemic is expected to impact the catalase market positively. There is a lack of specific antiviral agents to treat COVID-19 and no preventive vaccine. Catalase, a naturally occurring enzyme widely used in food production and as a dietary supplement, can be a low-cost therapeutic medication for treating COVID-19 illness symptoms and suppressing SARS-CoV-2 virus multiplication inside the body. Moreover, research suggests that this enzyme could be a very efficient therapeutic approach for treating SARS-CoV-2-related hyper inflammation in general. Therefore, the market is expected to boost in the forecast period from the above statements.
Catalase Market Segment Analysis
The animal segment is expected to hold the largest market share in the catalase market.
The animal segment accounted for the largest market share in 2020. Catalase is a ubiquitous enzyme that is present in almost all organisms that are exposed to oxygen. The purpose of catalase in living cells is to protect them from oxidative damage, which can occur when cells or other molecules in the body come into contact with oxidative compounds.
Catalase is found in the peroxisome, a cell organelle. Peroxisomes are involved in the oxidation of fatty acids and creating cholesterol and bile acids in animal cells. Fatty acid oxidation produces hydrogen peroxide as a byproduct. To fight bacteria, white blood cells release hydrogen peroxide. In both circumstances, catalase protects the cell from the harmful effects of hydrogen peroxide. In animals, the bovine liver has been widely manufactured by key players. For instance, Sigma Aldrich manufactures catalase from the bovine liver in aqueous suspension and lyophilized powder form. Catalase from the bovine liver has been used for measuring the hydrogen peroxide content in cancer tissue homogenates. Therefore, the market is expected to hold the largest market share in the forecast period.
Catalase Market Geographical Share
North America region holds the largest market share in the global catalase market.
In 2020, North America accounted for the highest revenue share. It can be attributed to the increasing prevalence of cardiovascular disease and certain types of cancer. The growing inclination of consumers towards adopting natural products is expected to boost the market in the forecast period. For instance, the purpose of catalase in living cells is to protect them from oxidative damage. But prolonged oxidative stress leads to an increased risk of adverse health outcomes, such as cardiovascular disease and other cancers. According to the Centers for Disease Control and Prevention, Coronary heart disease is the most common type of heart disease, killing 360,900 people in 2019. About 18.2 million adults age 20 and older have CAD (about 6.7%). About 2 in 10 deaths from CAD happen in adults less than 65 years old. Therefore, it has increased the demand for catalase in the region, due to which the market is expected to hold the largest market share in the forecast period.
Catalase Market Companies
Major key players in the catalase market are MP Biomedicals LLC, Sigma-Aldrich Co. LLC, Megazyme Inc., BioCat GmbH, LifeSpan BioSciences, Inc, Biocatalysts Limited, Novozymes, Sekisui Diagnostics LLC, Haihang Industry Co., Ltd. and EUCODIS Bioscience GmbH.
Novozymes:
Overview:
Novozymes A/S, based in Copenhagen, Denmark, is a multinational biotechnology company. It focuses on industrial enzymes, microbes, and biopharmaceutical components for research, development, and production. China, India, Brazil, Argentina, the United Kingdom, the United States, and Canada are among the company's global operations.
Product Portfolio:
Catazyme: Catazyme is a high-quality catalase for animal protein extraction. In any application where hydrogen peroxide is utilized, it eliminates the remaining hydrogen peroxide. Pasteurization, bleaching, odor reduction, and more uses are possible.