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According to our LPI (LP Information) latest study, the global Transglutaminase market size was valued at US$ 214.2 million in 2023. With growing demand in downstream market, the Transglutaminase is forecast to a readjusted size of US$ 286.8 million by 2030 with a CAGR of 4.3% during review period.
The research report highlights the growth potential of the global Transglutaminase market. Transglutaminase are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Transglutaminase. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Transglutaminase market.
Transglutaminase is an enzyme that catalyzes the formation of isopeptide bonds between proteins.
Its cross-linking property is widely used in various processes: to manufacture cheese and other dairy products, in meat processing, to produce edible films and to manufacture bakery products. Transglutaminase has considerable potential to improve the firmness, viscosity, elasticity and water-binding capacity of food products.
At this stage, the production technology is mainly microbial fermentation method. And Ajinomoto is the first enterprises to achieve commercial production with microbial fermentation method in the end of 1980s.
Global Transglutaminase main manufactuers include Taixing Dongsheng, Yiming Biological and Ajinomoto, totally accounting for 79% of the market. Europe is the largest market, with a share over 36%. As for the types of products, it can be divided into less than 100 U/g, 100 U/g - 200 U/g and more than 200 U/g. The most common type is 100 U/g - 200 U/g, with a share over 49%. As for the types of application, it is widely used in meat field, fish field, dairy field, flour field and others. The most common application is fish field, with a share over 23%.
Key Features:
The report on Transglutaminase market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Transglutaminase market. It may include historical data, market Segmentation by Type (e.g., Less Than 100 U/g, 100 U/g - 200 U/g), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Transglutaminase market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Transglutaminase market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Transglutaminase industry. This include advancements in Transglutaminase technology, Transglutaminase new entrants, Transglutaminase new investment, and other innovations that are shaping the future of Transglutaminase.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Transglutaminase market. It includes factors influencing customer ' purchasing decisions, preferences for Transglutaminase product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Transglutaminase market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Transglutaminase market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Transglutaminase market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Transglutaminase industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Transglutaminase market.
Market Segmentation:
Transglutaminase market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
- Less Than 100 U/g
- 100 U/g - 200 U/g
- More Than 200 U/g
Segmentation by application
- Meat
- Fish
- Dairy
- Flour
- Others
This report also splits the market by region:
- Americas
- - United States
- - Canada
- - Mexico
- - Brazil
- APAC
- - China
- - Japan
- - Korea
- - Southeast Asia
- - India
- - Australia
- Europe
- - Germany
- - France
- - UK
- - Italy
- - Russia
- Middle East & Africa
- - Egypt
- - South Africa
- - Israel
- - Turkey
- - GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
- Ajinomoto
- TFI GmbH
- Micro-Tech Foods Ingredients
- BDF Natural Ingredients
- Yiming Biological
- Taixing Dongsheng
- Kinry
- Pangbo Biological
Key Questions Addressed in this Report
What is the 10-year outlook for the global Transglutaminase market?
What factors are driving Transglutaminase market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Transglutaminase market opportunities vary by end market size?
How does Transglutaminase break out type, application?