Market revenue in 2021 | USD 363.0 million |
Market revenue in 2030 | USD 720.2 million |
Growth rate | 7.9% (CAGR from 2021 to 2030) |
Largest segment | Industrial enzymes |
Fastest growing segment | Specialty Enzymes |
Historical data | 2018 - 2020 |
Base year | 2021 |
Forecast period | 2022 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Industrial Enzymes, Specialty Enzymes |
Key market players worldwide | BASF, Novonesis AS ADR, DuPont de Nemours Inc, DSM, Novus Holdings Ltd, Associated British Foods PLC, Advanced Enzymes, Bluestar Adisseo Co., Chr. Hansen, Lesaffre |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to enzymes market will help companies and investors design strategic landscapes.
industrial enzymes was the largest segment with a revenue share of 59.17% in 2021. Horizon Databook has segmented the India enzymes market based on industrial enzymes, specialty enzymes covering the revenue growth of each sub-segment from 2018 to 2030.
Significant growth in food & beverage, detergents, and nutraceuticals market is anticipated to drive the enzymes market in India over the forecast period, as India is a prominent consumer of food & beverage products, dietary supplements, and detergent and laundry products.
Lipases are used in a wide array of applications including dairy processed products (camembert and blue cheeses) and biological detergents. The lipases segment is anticipated to offer lucrative growth prospects over the forecast period due to the growing end-use industries such as textiles and denim bleaching.
Horizon Databook provides a detailed overview of country-level data and insights on the India enzymes market , including forecasts for subscribers. This country databook contains high-level insights into India enzymes market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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