Report Description

The India enzymes market stood at USD 390.68 Million in 2022 and is expected to grow at a CAGR of 8.67% during the forecast period. Development in various industries such as food processing, bakery, and dairy is driving the market. The market is being driven by advancements in food technology in the nation and rising consumer awareness of higher-quality goods made with the help of enzymes. They also improve the raw material processing for the fermentation of dairy and beverages. Another significant area where enzymes are crucial is baking. The market is expanding quickly owing to increasing domestic demand for processed foods and the vast range of ways enzymes are used in the processed food business. Furthermore, there is a rising demand for nutrient-rich foods and drinks in India. Food enzymes are now being used more frequently to improve the quality of these items because of this. Additionally, commercial usage of proteases in the detergent industry is widespread. Proteases are a crucial component or ingredient in many detergent formulations used to clean contact lenses, dentures, and domestic laundry, and is expected to drive the growth of the India enzymes market during the forecast period. 

Demand From Processing Food

Food enzymes are essential for processing protein, starch, and all other food components. They are also used to improve the raw material processing for fermentation of dairy and beverages. Another notable industry where enzymes are important is baking. The bakery segment has the highest enzyme application in the country. Furthermore, focus on the bakery enzyme for gluten-free products is the key area of the company's new product developments. Owing to the rising demand for processed food in the nation and the extensive use of enzymes in the processed food sector, the market is expanding quickly. 

Technological Advancements

Technological advancements and product innovations are the key factors influencing the market. Owing of their distinctive characteristics and the immense capacity for catalysis in extreme conditions, extremophile enzymes are attracting the attention of researchers. Additionally, advances in naturally occurring enzymes are being achieved using various recombinant DNA technologies and protein engineering tools, which enables redesigning the enzymes for better process compatibility. For example, because cold-active proteases can catalyze at low temperatures, which reduces energy use and results in other advantages, including cost savings from retaining fabric quality lost while using phosphate, their use is growing, especially in the detergent sector.


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Market Segmentation

The India enzymes market is segmented by type, source, application, region, and company. Based on type, the market is divided into amylases, cellulases, proteases, lipases, and phytases. Based on source, the market is divided into micro-organisms, plants, and animals. Based on application, the market is divided into food & beverages, cleaning agents, animal feed, biofuel and others.

Market Players

Rossari Biotech Ltd, Novozymes South Asia Pvt Ltd, Advanced Enzyme Technologies Ltd, Lumis Biotech Pvt Ltd, Anthem Biosciences Pvt Ltd, Tex Biosciences (P) Limited, Noor Enzymes Private Limited, Fruzyme Biotech India Private Limited, Fermenta Biotech Limited, Caprienzymes Technology Private Limited are some of the leading companies operating in the market.


Attribute

Details

Market Size in 2022

USD 390.68 Million

Market Size in 2028

USD 638 Million

Growth Rate

8.67%

Base Year

2022

Historic Data

2018 – 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million, Volume Units and CAGR for 2018-2022 and 2023-2028

Report coverage

Revenue forecast, Volume forecast company share, competitive landscape, growth factors, and trends

Segments covered

·         Type

·         Source

·         Application

·         Region

Key companies profiled

Rossari Biotech Ltd, Novozymes South Asia Pvt Ltd, Advanced Enzyme Technologies Ltd, Lumis Biotech Pvt Ltd, Anthem Biosciences Pvt Ltd, Tex Biosciences (P) Limited, Noor Enzymes Private Limited, Fruzyme Biotech India Private Limited, Fermenta Biotech Limited, Caprienzymes Technology Private Limited

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, India Enzymes Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

·         India Enzymes Market, By Type:

    • Amylases

o    Cellulases

o    Proteases

o    Lipases

o    Phytases

·         India Enzymes Market, By Source:

    • Micro-Organisms
    • Plants
    • Animals

·         India Enzymes Market, By Application:

    • Food & Beverages
    • Cleaning Agents
    • Animal Feed
    • Biofuel
    • Others

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in India enzymes market

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information:

  • Detailed analysis and profiling of additional market players (up to five).

Table of content

1.    Product Overview

2.    Research Methodology

3.    Executive Summary

4.    Impact of COVID-19 on India Enzymes Market

5.    Voice of Customer

5.1.1.     Brand Awareness

5.1.2.     Brand Satisfaction

5.1.3.     Factors Influencing Purchase Decisions

5.1.4.     Product Awareness

6.    India Enzymes Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value & Volume

6.2.  Market Share & Forecast

6.2.1.     By Type (Amylases, Cellulases, Proteases, Lipases, Phytases and Others)

6.2.2.     By Source (Micro-Organisms, Plants and Animals)

6.2.3.     By Application (Food & Beverages, Cleaning Agents, Animal Feed and Others)

6.2.4.     By Company

6.2.5.     By Region

6.2.5.1.         By State (Top 3 States)

6.3.  Market Map

7.    India Amylases Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value & Volume

7.2.  Market Share & Forecast

7.2.1.     By Type

7.2.2.     By Application

8.    India Cellulases Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value & Volume

8.2.  Market Share & Forecast

8.2.1.     By Type

8.2.2.     By Application

9.     India Proteases Market Outlook

9.1.  Market Size & Forecast

9.1.1.     By Value & Volume

9.2.  Market Share & Forecast

9.2.1.     By Type

9.2.2.     By Application

10.  India Lipases Market Outlook

10.1. Market Size & Forecast

10.1.1.  By Value & Volume

10.2. Market Share & Forecast

10.2.1.  By Type

10.2.2.  By Application

11.  India Phytases Market Outlook

11.1. Market Size & Forecast

11.1.1.  By Value & Volume

11.2. Market Share & Forecast

11.2.1.  By Type

11.2.2.  By Application

12.  Market Dynamics

12.1.  Drivers

12.2. Challenges

13.   Market Trends & Developments

14.  Policy & Regulatory Landscape

15.  India Economic Profile

16.   Competitive Landscape

16.1.              Rossari Biotech Ltd

16.2.              Novozymes South Asia Pvt. Ltd.

16.3.              Advanced Enzyme Technologies Ltd.

16.4.              Lumis Biotech Pvt. Ltd.

16.5.              Anthem Biosciences Pvt Ltd

16.6.              Tex Biosciences (P) Limited

16.7.              Noor Enzymes Private Limited

16.8.              Fruzyme Biotech India Private Limited

16.9.              Fermenta Biotech Limited

16.10.            Caprienzymes Technology Private Limited

17.  Strategic Recommendations

18.  About us & Disclaimer

The data given for any year represents the market during the period, i.e., 1st April of the previous year to 31st March of that year. eg: For 2022E, the data represents the period, 1st April 2021 to 31st March 2022.

Figures and Tables

Figure 1: India Enzymes Market Size, By Value (USD Million), 2018-2028F

Figure 2: India Enzymes Market Size, By Volume (Million Kilograms), 2018-2028F

Figure 3: India Enzymes Market Share, By Type, By Value, 2018-2028F

Figure 4: India Enzymes Market Share, By Source, By Value, 2018-2028F

Figure 5: India Enzymes Market Share, By Application, By Value, 2018-2028F

Figure 6: India Enzymes Market Share, By Region, By Value, 2018-2028F

Figure 7: West India Enzymes Market Share, By State, By Value, 2018-2028F

Figure 8: South India Enzymes Market Share, By State, By Value, 2018-2028F

Figure 9: North India Enzymes Market Share, By State, By Value, 2018-2028F

Figure 10: East India Enzymes Market Share, By State, By Value, 2018-2028F

Figure 11: India Enzymes Market Share, By Company, By Value, 2022

Figure 12: India Amylases Market Size, By Value (USD Million), 2018-2028F

Figure 13: India Amylases Market Size, By Volume (Million Kilograms), 2018-2028F

Figure 14: India Amylases Market Share, By Source, By Value, 2018-2028F

Figure 15: India Amylases Market Share, By Application, By Value, 2018-2028F

Figure 16: India Cellulases Market Size, By Value (USD Million), 2018-2028F

Figure 17: India Cellulases Market Size, By Volume (Million Kilograms), 2018-2028F

Figure 18: India Cellulases Market Share, By Source, By Value, 2018-2028F

Figure 19: India Cellulases Market Share, By Application, By Value, 2018-2028F

Figure 20: India Proteases Market Size, By Value (USD Million), 2018-2028F

Figure 21: India Proteases Market Size, By Volume (Million Kilograms), 2018-2028F

Figure 22: India Proteases Market Share, By Source, By Value, 2018-2028F

Figure 23: India Proteases Market Share, By Application, By Value, 2018-2028F

Figure 24: India Lipases Market Size, By Value (USD Million), 2018-2028F

Figure 25: India Lipases Market Size, By Volume (Million Kilograms), 2018-2028F

Figure 26: India Lipases Market Share, By Source, By Value, 2018-2028F

Figure 27: India Lipases Market Share, By Application, By Value, 2018-2028F

Figure 28: India Phytases Market Size, By Value (USD Million), 2018-2028F

Figure 29: India Phytases Market Size, By Volume (Million Kilograms), 2018-2028F

Figure 30: India Phytases Market Share, By Source, By Value, 2018-2028F

Figure 31: India Phytases Market Share, By Application, By Value, 2018-2028F

Frequently asked questions

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Amylases dominated the India Enzymes Market in 2022 with an overall share of 35.47%. Amylases may be used in numerous industrial processes, including those in the food, fermentation, textile, paper, detergent, and pharmaceutical sectors.

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The India Enzymes Market is expected to grow at a CAGR of 8.67% and reach USD 638 million by 2028 owing to increasing demand from food processing industry, dairy industry, and bakery industry.

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Rossari Biotech Ltd, Novozymes South Asia Pvt. Ltd, Advanced Enzyme Technologies Ltd., Lumis Biotech Pvt. Ltd. and Anthem Biosciences Pvt. Ltd. are some of the leading companies operating in the market.

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Handling and safety of enzymes, stringent regulations and lack of standardized regulatory guidelines are likely to hamper the growth of India enzymes market.

profile

Sakshi Bajaal

Business Consultant
Press Release

India Enzymes Market to Register a CAGR of 8.67% During the Forecast Period through 2028

Oct, 2022

Increasing demand from various industries and changing lifestyles & improving dietary patterns is driving the India Enzymes Market in the forecast period, 2023-2028.