Sustainability is likely to drive the cellulase market from USD 1317 million in 2023 to USD 2009 million by 2030.

Cellulase market is forecasted to rise as much as USD 1317 million in 2023 and USD 2009 million by 2030, with an earnings growth rate of 6.2 % per annum. The growth is being driven by the rising usage of cellulase enzymes in the biofuels, food & beverages, animal feed, textiles and many other industries.

Analysis of the market reveals some key drivers including the demand for sustainable processing techniques and cost-effective solutions. Economical biomasses are converted using cellulases in biofuels, which improve the digestibility of animal feeds and contribute to environment-friendly processing in textile applications feasibility. Therefore, endoglucanases and cellobiohydrolases are the core enzymes that manage efficacy in such processes, representing very important enzymes for these industries that promote sustainability.

Regulatory assistance and technological developments, coupled with the accelerating requirement of environmentally friendly solutions, are paving the way for future expansion of the market. North America, Europe, and the Asia-Pacific region are leading, while emerging economies will make significant contributions through taking on industrialized applications of cellulase enzymes in orchestrating such growth.