Microbial Lipase Market, Get Market Research, Business Risk & Industry Analysis Reports 2027
Market Highlights It is estimated that the global microbial lipase market is likely to show significant growth during the forecast period from 2018 to 2023. Microbial lipase is currently paid attention with rapid development in enzyme technology and its widespread industrial applications. Microbial lipase finds application in foods, oil & fat, soap & detergent, pulp & paper, leather, textile, cosmetics, and biodiesel. This makes microbial lipases the most widely used class of enzymes in different industrial activities. The microbial lipase market is largely driven by increasing awareness about animal health, need for better quality of animal feed products and increasing consumption of enzyme-modified cheese and other dairy ingredients. Microbial enzymes provide various advantages over the plant or animal-based enzymes such as a variety of catalytic activity, high production capacity within a short period and ease of genetic manipulation. However, microbial lipase show sta