How to Start Biochemical & Biotechnology Industry

How to Start Biochemical & Biotechnology Industry

Biological chemicals are found in living, breathing organisms such as carbohydrates, nucleic acids, amino acids, proteins, and other enzymes. On the other hand, Biotechnology is a vital branch of science which deals with various researches, used to benefit the life of human beings.

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Biochemical has led to some great operations like bioinformatics, Nano-technology, protein engineering, and genomics. Similarly, Biotechnology has been discovered to be the most rapidly evolving field in India’s economy. As a result, this field covers; animal husbandary, medicinal plants, aquaculture, biofuels, etc.

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This field will keep on evolving even in the future without slowing down. This enormously benefits the agricultural as well as ecological environment of India. Biochemical and Biotechnologies are also working as a helping hand in farming as it is also becoming very advanced and improved due to which the future of farming in India will going to be super bright. New discovered drugs will also going to be applied in this field with the help of nano-technology.

Regional Growth & Market Scope

According to a Market Researched Report, the global biotechnological market size was valued at USD 752.88 billion in 2020 and is expected to expand further at a compound annual growth rate or CAGR of 15.83% from the year 2021 to 2028 in future.

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The Agricultural-input companies are breeding innovations and gene sequencing to focusing on improvement in the existing technologies that includes the development of new crops and germplasm. Agricultural innovations are brought by these companies for improving productivity with sustainable solutions to the market.

Fig: Global biotechnology market share, by technology,2020 (%)

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For increasing technological advancement in the field of nanotechnology, Nanobiotechnology is anticipated to expand at a CAGR of 16.8% from the year 2021 to 2028 in future.

The growth of the regional market of the Biochemical and Biotechnology Industry can attribute to so many factors such as the presence of key players, extensiveness in R&D activities, and high healthcare expenditures. The North American region was accounted for the largest share of 44.19% in 2020. Also, expanding area of many companies that operate in this region are receiving drug approvals, which are contributing to the Biochemical & Biotechnology market growth of this region.

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The Asian Pacific region is anticipated to expand at the fastest growth rate of 16.8% from 2021 to 2028 in the coming years.

According to the Global Biochemical Reagents Market Report, The global Biochemical market was valued at USD 12730 million back in 2019 and is expected to reach at USD 21790 million by the end of 2026, by growing at a CAGR of 7.9% during the forecasted period.

Scope in Indian Market

According to the IBEF market report, the Indian biotechnology industry amounted to US$ 150 billion by the end of 2025, with a CAGR of 16.4%. The contributing of the Indian biotechnology industry to the global biotechnology market is expected to grow to 19% by 2025.

Increasing in the number of biotech incubators in India is expected to boost researches and promotes the growth of start-ups which is very important for the success of the Indian biotechnology industry.

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Some of the major manufacturers of the Biotechnology and Biochemical Industry

Beckton
Dickinson and Company
Merck and Co., Inc
Abbott Laboratories
Agilent Technologies, Inc
Waters Corporation
AstraZeneca
Gilead Sciences, Inc.
CELGENE CORPORATION
Biogen
Abbott

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Reasons of Growth

Here are few growth drivers of biotechnology & Biochemical Industry:-

- Innovations in the industry

- Demand for cancer and other diseases like HIV, Alzheimer’s, multiple sclerosis, etc. treatments

- Strong research pipeline

- Demand for drugs

- Big pharmacy deals

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Conclusion

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Introduction

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Project Objective and Strategy
Concise History of the Product
Properties
BIS (Bureau of Indian Standards) Provision & Specification
Uses & Applications

Market Study and Assessment

Current Indian Market Scenario
Present Market Demand and Supply
Estimated Future Market Demand and Forecast
Statistics of Import & Export
Names & Addresses of Existing Units (Present Players)
Market Opportunity

Raw Material

List of Raw Materials
Properties of Raw Materials
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Personnel (Manpower) Requirements

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Plant and Machinery

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Laboratory Equipments & Accessories
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Project at a Glance

Assumptions for Profitability workings	Plant Economics
Production Schedule
Land & Building Factory Land & Building Site Development Expenses
Plant & Machinery Indigenous Machineries Other Machineries (Miscellaneous, Laboratory etc.)
Other Fixed Assets Furniture & Fixtures Pre-operative and Preliminary Expenses Technical Knowhow Provision of Contingencies
Working Capital Requirement Per Month Raw Material Packing Material Lab & ETP Chemical Cost Consumable Store
Overheads Required Per Month And Per Annum Utilities & Overheads (Power, Water and Fuel Expenses etc.) Royalty and Other Charges Selling and Distribution Expenses
Salary and Wages	Turnover Per Annum
Share Capital Equity Capital Preference Share Capital
Annexure 1:: Cost of Project and Means of Finance
Annexure 2:: Profitability and Net Cash Accruals Revenue/Income/Realisation Expenses/Cost of Products/Services/Items Gross Profit Financial Charges Total Cost of Sales Net Profit After Taxes Net Cash Accruals
Annexure 3 :: Assessment of Working Capital requirements Current Assets Gross Working. Capital Current Liabilities Net Working Capital Working Note for Calculation of Work-in-process
Annexure 4 :: Sources and Disposition of Funds
Annexure 5 :: Projected Balance Sheets ROI (Average of Fixed Assets) RONW (Average of Share Capital) ROI (Average of Total Assets)
Annexure 6 :: Profitability ratios D.S.C.R Earnings Per Share (EPS) Debt Equity Ratio
Annexure 7 :: Break-Even Analysis Variable Cost & Expenses Semi-Var./Semi-Fixed Exp. Profit Volume Ratio (PVR) Fixed Expenses / Cost B.E.P
Annexure 8 to 11:: Sensitivity Analysis-Price/Volume Resultant N.P.B.T Resultant D.S.C.R Resultant PV Ratio Resultant DER Resultant ROI Resultant BEP
Annexure 12 :: Shareholding Pattern and Stake Status Equity Capital Preference Share Capital
Annexure 13 :: Quantitative Details-Output/Sales/Stocks Determined Capacity P.A of Products/Services Achievable Efficiency/Yield % of Products/Services/Items Net Usable Load/Capacity of Products/Services/Items Expected Sales/ Revenue/ Income of Products/ Services/ Items
Annexure 14 :: Product wise domestic Sales Realisation	Annexure 15 :: Total Raw Material Cost
Annexure 16 :: Raw Material Cost per unit	Annexure 17 :: Total Lab & ETP Chemical Cost
Annexure 18 :: Consumables, Store etc.,	Annexure 19 :: Packing Material Cost
Annexure 20 :: Packing Material Cost Per Unit	Annexure 21 :: Employees Expenses
Annexure 22 :: Fuel Expenses	Annexure 23 :: Power/Electricity Expenses
Annexure 24 :: Royalty & Other Charges	Annexure 25 :: Repairs & Maintenance Exp.
Annexure 26 :: Other Mfg. Expenses	Annexure 27 :: Administration Expenses
Annexure 28 :: Selling Expenses	Annexure 29 :: Depreciation Charges – as per Books (Total)
Annexure 30 :: Depreciation Charges – as per Books (P & M)	Annexure 31 :: Depreciation Charges - As per IT Act WDV (Total)
Annexure 32 :: Depreciation Charges - As per IT Act WDV (P & M)	Annexure 33 :: Interest and Repayment - Term Loans
Annexure 34 :: Tax on Profits	Annexure 35 ::Projected Pay-Back Period And IRR