What is Global Transglutaminase Market?
The Global Transglutaminase Market is a fascinating and complex sector of the global economy. Transglutaminase, also known as meat glue, is an enzyme that can bond protein-containing foods together. This enzyme is used in a variety of food products to improve their texture, appearance, and shelf life. The global market for this product was valued at a significant US$ 219 million in 2022. This value is expected to increase to US$ 291.1 million by 2029, indicating a steady Compound Annual Growth Rate (CAGR) of 4.1% from 2023 to 2029. This growth is driven by the increasing demand for processed and convenience foods worldwide.
Less Than 100 U/g, 100 U/g – 200 U/g, More Than 200 U/g in the Global Transglutaminase Market:
The Global Transglutaminase Market is segmented based on the enzyme activity level, which includes Less Than 100 U/g, 100 U/g – 200 U/g, and More Than 200 U/g. Each segment has its unique applications and uses. The Less Than 100 U/g segment is primarily used in the food industry for improving the texture and appearance of low-protein foods. The 100 U/g – 200 U/g segment is commonly used in the meat and fish industries to bind pieces of meat or fish together. The More Than 200 U/g segment is used in high-protein foods to improve their texture and shelf life. The choice of enzyme activity level depends on the specific requirements of the food product.
Meat, Fish, Dairy, Flour, Others in the Global Transglutaminase Market:
The Global Transglutaminase Market finds its applications in various sectors such as Meat, Fish, Dairy, Flour, and Others. In the meat industry, transglutaminase is used to bind pieces of meat together, improving their texture and appearance. In the fish industry, it is used to enhance the texture of fish products and increase their shelf life. In the dairy industry, transglutaminase is used to improve the texture and stability of dairy products such as cheese and yogurt. In the flour industry, it is used to improve the texture and shelf life of baked goods. Other applications of transglutaminase include the production of processed foods and convenience foods.
Global Transglutaminase Market Outlook:
The Global Transglutaminase Market is dominated by a few key players, including Taixing Dongsheng, Yiming Biological, and Ajinomoto. These companies collectively account for 79% of the market. Europe is the largest market for transglutaminase, with a market share of over 36%. This is due to the high demand for processed and convenience foods in this region. The most common application of transglutaminase is in the fish industry, which accounts for over 23% of the market. This is due to the high demand for processed fish products with improved texture and shelf life.
| Report Metric | Details |
| Report Name | Transglutaminase Market |
| Accounted market size in 2022 | US$ 219 in million |
| Forecasted market size in 2029 | US$ 291.1 million |
| CAGR | 4.1% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Consumption by Region |
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| By Company | Ajinomoto, TFI GmbH, Micro-Tech Foods Ingredients, BDF Natural Ingredients, Yiming Biological, Taixing Dongsheng, Kinry, Pangbo Biological |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
