Global Proteases Market size was valued at USD 3.30 Bn. in 2023 and is expected to reach USD 4.99 Bn. by 2030, at a CAGR of 6.1%.
Proteases, also known as proteolytic enzymes or proteinases, are enzymes that catalyze the hydrolysis of peptide bonds in proteins, leading to the breakdown of proteins into smaller polypeptides or amino acids. The proteases market is driven by their extensive applications across several industries including food and beverages, pharmaceuticals, detergents, and biotechnology. In the food industry, proteases are used for processes including meat tenderization, cheese manufacturing, and the production of protein hydrolysates. For the development of drugs for digestive disorders and as anti-inflammatory agents proteases are largely used. The detergent industry leverages proteases for their capability to break down protein stains, thereby enhancing cleaning efficiency. The biotechnological applications of proteases include their use in recombinant DNA technology and protein sequencing. The market is also driven by the increasing demand for proteases in waste management and leather processing.