Enzymes are ideal catalysts—they are highly selective in nature and work under mild conditions. By combining the right enzymes with genetic engineering, enzyme companies have developed proteins that can work in harsh process environments, such as those that use solvents, salts and high temperatures. The world market for industrial enzymes is currently about $1.8 billion/year and growing by more than 20% per year.
Based on growth rate in India, the demand for enzyme is computed which is definitely higher than the production. An analysis of the market for enzymes from fermentation sources were estimated to account for about 80% of the total. The largest single enzyme market was for bacterial alkaline proteinases in detergents. Mocrobial proteinases accounted for 40% of the total market and gylcosidases for about 20%. Glucose isomerase commanded the largest non-hydrolase sales at 6% of the total market. The main user industries are detergents and starch, each with around 30% of sales, and dairy processing with about 15%. The Industrial enzyme market is growing steadily as most of the enzymes are produced by microorganisms in submerged cultures going by the biotechnology technique. Growing consumption of enzymes in the existing application areas, use of enzymes in the new industrial processes, strict enforcement of environment laws and cost savings were some of key drivers for the growth of this sector in India.
Few Major Players are listed below:
· Advanced Enzyme Technologies Ltd.
· Anil Bioplus Ltd.
· Concord Biotech Ltd.
· Fermenta Biotech Ltd.
· Precise Laboratories Pvt. Ltd.
Market Outlook
The industrial enzymes market is estimated to be valued at USD 4.61 Billion in 2016, and is projected to grow at a CAGR of 5.8% from 2017 to 2022.
India Industrial enzymes market is projected to surpass US$ 361 million by 2020 on account of increasing food processing facilities, tanneries and textile manufacturing facilities in the country. Industrial enzymes find application across various industries such as food and beverage, household care, animal feed, leather manufacturing, textile processing, pharmaceuticals, etc.
Tags
Industrial Enzymes Production Unit, Production of Industrial Enzymes, Enzyme Production, Industrial Production Process of Enzymes, Large Scale Production of Enzymes in Industries, Industrial Production of Enzymes, Enzyme Production Methods, Produce Industrial Enzymes, How Enzymes are Produced, Large-Scale Production of Enzymes, Commercial Production of Enzymes, Investment Opportunities in Production of Industrial Enzymes, Small Scale Production of Industrial Enzymes, Processing of Industrial Enzymes, Industrial Enzymes Industry, Commercial Production of Industrial Enzymes, Manufacturing of Industrial Enzymes, Industrial Enzymes Manufacture in India, Industrial Enzymes Processing Industry, Production Methods of Industrial Enzymes, Industrial Enzymes Production, Production of Industrial Enzymes in India, Industrial Enzyme Production Methods, Methods of Enzyme Production, Production Process of Industrial Enzymes, Manufacturing Plant of Industrial Enzymes, Industrial Enzymes Manufacturing Plant, Industrial Enzymes Manufacturing Unit, Industrial Enzymes Manufacturing Industry, Manufacturing Process of Industrial Enzymes In India, Industrial Enzymes Manufacturing Process, Industrial Enzymes Manufacture, Manufacture of Industrial Enzymes, Industrial Enzymes Production Process, Method for Producing Industrial Enzymes, Production Plant of Industrial Enzymes, Industrial Enzymes Making Business Ideas, Business Ideas for Manufacturing Industrial Enzymes, Industrial Enzymes Manufacturing Business, Industrial Enzymes Manufacturing Project, Business Plan for Manufacturing Industrial Enzymes, Production and Processing of Industrial Enzymes, Industrial Enzymes Making Plant, Industrial Enzymes Manufacturing Project Ideas, Projects on Small Scale Industries, Small Scale Industries Projects Ideas, Industrial Enzymes Manufacturing Based Small Scale Industries Projects, Project Profile on Small Scale Industries, How to Start Industrial Enzymes Manufacturing Industry in India, Industrial Enzymes Manufacturing Projects, New Project Profile on Industrial Enzymes Manufacturing Industries, Project Report on Industrial Enzymes Manufacturing Industry, Detailed Project Report on Industrial Enzymes Production, Project Report on Industrial Enzymes Manufacturing, Pre-Investment Feasibility Study on Industrial Enzymes Manufacturing, Techno-Economic Feasibility Study on Industrial Enzymes Production, Feasibility Report on Industrial Enzymes Manufacturing, Free Project Profile on Industrial Enzymes Manufacturing, Project Profile on Industrial Enzymes Manufacturing, Download Free Project Profile on Industrial Enzymes Production, Industrial Project Report, Project Consultant, Project Consultancy, NPCS, Niir, Process Technology Books, Business Consultancy, Business Consultant, Project Identification and Selection, Preparation of Project Profiles, Startup, Business Guidance, Business Guidance to Clients, Startup Project for Industrial Enzymes Production, Startup Project, Startup Ideas, Project for Startups, Startup Project Plan, Business Start-Up, Business Plan for Startup Business, Great Opportunity for Startup, Small Start-Up Business Project, Project Report for Bank Loan, Project Report for Bank Finance, Project Report Format for Bank Loan in Excel, Excel Format of Project Report and CMA Data, Project Report Bank Loan Excel, Detailed Project Plan Reports