Lipoxygenase: Market outlook

The increasing demand for natural food ingredients in food products is putting a deep impact on food manufacturers, to use natural ingredient as an alternative to chemicals used. In the bakery industry, chemicals such as potassium bromate and azodicarbonamide are widely used to enhance the overall rheology of the bread. However, increased health consciousness and limitations on the use of chemicals in the food products are fuelling the demand for lipoxygenase in the bakery industry. Lipoxygenase can be used as an alternative to these chemicals to improve the bread manufacturing process. In the global food and beverage industry, enzymes are gaining recognition due to their high specificity to their substrates and less production of non-specific by-products. In the global enzymes market, the Lipoxygenase has well established positive effects on the baking dough. Lipoxygenase enhances the dough characteristics and also increases the loaf volume. In addition, it also gives soft texture to the bread. In the global lipoxygenase market, the demand for lipoxygenase is increasing from the Asia Pacific and Europe owing to the boom in the bakery industry. With the increasing demand for lipoxygenase over the last few decades, it can be anticipated that there would be higher returns for the investors over the forecast period.

Increasing Demand for Lipoxygenase in the bakery industry

Lipoxygenase is an enzyme, which belongs to non-heme iron family enzymes and acts as a catalyst in the oxidation process of polyunsaturated fatty acids and also works on lipids which contain cis, cis-1, and 4-pentadiene structure. Lipoxygenase is abundantly present in the soy flour, which is extensively used at 0.5% concentration in the baking dough. In the global enzyme market, the demand of lipoxygenase enzyme is increasing at the good growth rate in the bakery industry. The boom in the bakery industry is directly increasing the demand of lipoxygenase. The lipoxygenase can be extracted from the various plant sources such as soybeans, peanuts, and others. In the global lipoxygenase market, lipoxygenase is available in two types and majorly used in the bakery industry. On the other hand, the high cost of the pure enzyme is restraining the demand of the lipoxygenase in the global food and bakery industry.

Global Lipoxygenase: Market Segmentation

On the basis of source, the global lipoxygenase market has been segmented as-

  • Soybean
  • Pea
  • Peanut
  • Potato
  • Tomato
  • Wheat
  • Gooseberry

On the basis of type, the global lipoxygenase market has been segmented as-

  • Type I Lipoxygenase
  • Type II Lipoxygenase

On the basis of end use, the global lipoxygenase market has been segmented as-

  • Bread
  • Biscuits & Cookies
  • Cakes & Pastries
  • Bakery Food Products

Global Lipoxygenase: Key Players

Some of the key players operating in the global lipoxygenase market are Tocris Bioscience, PD Navkar Pvt. Ltd, Merck KGaA, AdooQ BioScience, EMMX Biotechnology, AG Scientific and others.

Opportunities for Market Participants:

The increasing demand for natural food ingredients in the food and beverage product is the major factor which is fueling the application of lipoxygenase in the bakery products as a natural alternative for chemicals. Manufacturers involved in the bakery goods are focusing to use lipoxygenase in the manufacturing process to enhance the overall texture and color of their final baked products. Apart from all the above-mentioned factors, increasing awareness about the lipoxygenase enzymes will increase the demand of lipoxygenase enzyme over the forecast factor.

Global Lipoxygenase Market: A Regional Outlook:-

North America and Europe account for the highest production and consumption of lipoxygenase and companies like Tocris Bioscience, PD Navkar Pvt. Ltd, Merck KGaA, AdooQ BioScience are situated there, it can be anticipated that the demand of the lipoxygenase will increase in the forecast period. In addition, Asia Pacific witnessed a sturdy boom attributable to growth in population and growing food industries over the past few years. Increasing awareness and urbanization in the Middle East and African countries is expected to increase the consumption of lipoxygenase in the forecast period. 

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

.