Indian Industrial Biotechnology (Enzymes) market hits Rs 2907 Cr with 12% growth in 2020-21

<!DOCTYPE html>     <html lang="en">   <head> <title>Indian Industrial Biotechnology (Enzymes) market hits Rs 2907 Cr with 12% growth in 2020-21</title> <meta charset="utf-8"> <meta http-equiv="X-UA-Compatible" content="IE=edge"> <meta name="viewport" content="width=device-width, initial-scale=1"> <link rel="alternate" type="application/rss+xml" title="BioSpectrum India Feed" href="https://biospectrumindia.com/rssfeed.html" /> <meta property="fb:app_id" content="1560756547268819" /> <meta prefix="og: http://ogp.me/ns#" property="og:url" content="https://www.biospectrumindia.com/features/18/20491/indian-industrial-biotechnology-enzymes-market-hits-rs-2907-cr-with-12-growth-in-2020-21.html"/> <meta prefix="og: http://ogp.me/ns#" property="og:type" content="article"/> <meta prefix="og: http://ogp.me/ns#" property="og:title" content="Indian Industrial Biotechnology (Enzymes) market hits Rs 2907 Cr with 12% growth in 2020-21" /> <meta property="og:description" content="Indian Industrial Biotechnology (Enzymes) market continued to witness a sturdy growth in 2020-21 at 12 per cent to touch Rs 2907 crore during the year as against 10 per cent recorded in 2019-20 with industry crossing Rs 2500 crore during the year. The Indian Industrial Biotechnology (Enzymes) market recorded Rs 2360 crore for the year 2018-19. Baring the few leading companies most of the Indian companies have done well during the year ended March 31, 2021. " /> <meta prefix="og: http://ogp.me/ns#" name="image" property="og:image" content="https://www.biospectrumindia.com/uploads/articles/image-20491.png" /> <meta name="description" content="Indian Industrial Biotechnology (Enzymes) market continued to witness a sturdy growth in 2020-21 at 12 per cent to touch Rs 2907 crore during the year as against 10 per cent recorded in 2019-20 with industry crossing Rs 2500 crore during the year. The Indian Industrial Biotechnology (Enzymes) market recorded Rs 2360 crore for the year 2018-19. Baring the few leading companies most of the Indian companies have done well during the year ended March 31, 2021. 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class="col-md-8 pt"> <div class="row"> <div class="col-md-12 nopadding "> <ol class="breadcrumb pull-left"> <li><a href="/category/special">Special</a></li> <li class="active">Indian Industrial Biotechnology (Enzymes) market hits Rs 2907 Cr with 12% growth in 2020-21<span></span></li> </ol> <div id="fontlinks" class="pull-right"> <button type="button" class="btn btn-primary" id="incfont"><i class="fa fa-font" aria-hidden="true"></i><i class="fa fa-plus" aria-hidden="true"></i></button> <button type="button" class="btn btn-primary" id="decfont"><i class="fa fa-font" aria-hidden="true"></i><i class="fa fa-minus" aria-hidden="true"></i></button> </div> </div> <div class="clearfix"></div> <div class="col-md-12 gray"> <h3 class="blue">Indian Industrial Biotechnology (Enzymes) market hits Rs 2907 Cr with 12% growth in 2020-21</h3> <p class="g1">02 February 2022 | Features </p> <ul class="share-social pull-right"> <li><a href="https://twitter.com/share" title="Twitter" class="twitter-share-button" data-text="Indian Industrial Biotechnology (Enzymes) market hits Rs 2907 Cr with 12% growth in 2020-21" data-url="" data-via="BSI_social" data-related="twitterapi,twitter" data-size="default"></a></li> <li><span class="fb-share-button" data-href="https://www.biospectrumindia.com/features/18/20491/indian-industrial-biotechnology-enzymes-market-hits-rs-2907-cr-with-12-growth-in-2020-21.html" data-layout="button_count" data-type="button"></span></li> <li><div class="g-plus" data-href="https://www.biospectrumindia.com/features/18/20491/indian-industrial-biotechnology-enzymes-market-hits-rs-2907-cr-with-12-growth-in-2020-21.html" data-action="share"></div></li> <li><script type="IN/Share" data-counter="right" data-url="https://www.biospectrumindia.com/features/18/20491/indian-industrial-biotechnology-enzymes-market-hits-rs-2907-cr-with-12-growth-in-2020-21.html"></script></li> <li><a onclick="window.location='mailto:?subject=Indian%20Industrial%20Biotechnology%20%28Enzymes%29%20market%20hits%20Rs%202907%20Cr%20with%2012%25%20growth%20in%202020-21%20on%20BioSpectrum India&body=From%20BioSpectrum India...%0D%0A%0D%0AIndian Industrial Biotechnology (Enzymes) market hits Rs 2907 Cr with 12% growth in 2020-21%0D%0A%0D%0Ahttps://www.biospectrumindia.com/features/18/20491/indian-industrial-biotechnology-enzymes-market-hits-rs-2907-cr-with-12-growth-in-2020-21.html'" title="mail"><i class="fa fa-envelope" style="color:#ee1d25;cursor: pointer;"></i></a></li> <li><a href="/article/pdf/20491" title="Download PDF"><i class="fa fa-download" style="color:#ff7800;"></i></a></li> <li><a href="#" title="Play" id="play-button"><i class="fa fa-play" style="color:#26C281;"></i></a></li> <li style="display: none;"><a href="#" title="Resume" id="resume-button"><i class="fa fa-play" style="color:#26C281;"></i></a></li> <li style="display: none;"><a href="#" title="Pause" id="pause-button"><i class="fa fa-pause" style="color:#3598dc;"></i></a></li> <li style="display: none;"><a href="#" title="Stop" id="stop-button"><i class="fa fa-stop" style="color:#D91E18;"></i></a></li> </ul> </div> <div class="clearfix"></div> <div class="col-md-12 pt text" id="font-effect"> <p class="bold"> Indian Industrial Biotechnology (Enzymes) market continued to witness a sturdy growth in 2020-21 at 12 per cent to touch Rs 2907 crore during the year as against 10 per cent recorded in 2019-20 with industry crossing Rs 2500 crore during the year. The Indian Industrial Biotechnology (Enzymes) market recorded Rs 2360 crore for the year 2018-19. Baring the few leading companies most of the Indian companies have done well during the year ended March 31, 2021. </p> <div class="row"> <div class="col-md-12 col-centered"> <img src="/uploads/articles/image-20491.png" class="thumbnail" alt="" /> <p></p> </div> </div> <div id="page1"> <p style="text-align: justify;">The rapid development of India’s food and beverage, pharmaceutical and speciality chemical industry has been supporting this growth and specialty enzyme demand will outpace industrial enzyme demand, going forward.</p> <p style="text-align: justify;">There are about 20 major players in this market. Most of these companies are either into marketing or into formulations. But India has a few companies, both multinational and local, that manufacture enzymes used in different industries such as pharmaceutical, food processing, leather, detergents, paper and pulp and textiles. These companies produce various enzymes and several other eco-friendly biological products. The product range and services are growing rapidly as the use of enzymes is gaining widespread acceptance.</p> <p style="text-align: justify;">The market is dominated by multinational companies such as Novozymes South Asia Pvt. Ltd., Danisco (India) Pvt Ltd, DSM Nutritional Products India Pvt. Ltd, Chr. Hansen (India) Pvt Ltd, E.I. DuPont India Pvt. Ltd and so on with their competitive quality products.  These companies are very active and controlling the food and beverage, pharmaceutical and biotechnology space by offering high quality products.</p> <p style="text-align: justify;">While Indian companies are entering this space by offering quality food grade enzyme products in the last few years and in the coming years they will take on competition with global players. There are a few local players in this space who are offering formulated products at an affordable price to meet the demands of the local market. High R&D capital, unclear regulations, and an import-dominated market are some of the reasons leading to fewer domestic participants in the food and beverages sector.</p> <p style="text-align: justify;">The market is witnessing rapid growth due to the increasing demand for processed food in the country and wide applications of the enzymes in the processed food industry. Moreover, innovation in food technology in the country and the increasing awareness about better-quality products, being manufactured by utilizing enzymes, are further driving the market. </p> <p style="text-align: justify;"> </p> <p style="text-align: justify;">Click <a href="https://anyflip.com/unmb/babk/" target="_blank">here</a> to read the full story....</p> </div> <div class="clearfix"></div> <div id="mid-adv" class="visible-md visible-lg"> <ins class="aso-zone" data-zone="83076"></ins><script data-cfasync="false" async src="https://media.aso1.net/js/code.min.js"></script> </div> <style> #mid-adv { height: auto !important; width: 100% !important; } </style>   <div class="row"> <div class="col-md-12 gray"> <h3>Comments</h3> <form role="form" name="commentForm" id="commentForm0" ng-controller="SiteCommentController" ng-submit="submitComment()" ng-model="commentAction" ng-init="commentAction='/comment-handle/'"> <div class="alert alert-success alert-dismissable" id="comment-success-box-0" style="display: none;"> <a href="#" class="close" data-dismiss="alert" aria-label="close">×</a> <h3>Thank You</h3> <strong>Your comment has been submitted for approval.</strong><br/> Please note that comments are moderated and are generally published if they are on-topic and not abusive. </div> <div class="form-group"> <label class="sr-only" for="comment-message_0">Comment</label> <textarea name="comment" placeholder="Enter your comment here" class="contact-message form-control" id="comment-message_0" ng-model="commentFormData.comment"></textarea> </div> <div class="alert alert-danger alert-dismissable ng-cloak" ng-if="sessionError != '0'"> <a href="#" class="close" data-dismiss="alert" aria-label="close">×</a> Your session has been expired. 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class="form-control" id="account-email" autocomplete="off"> <span class="help-block text-danger" id="account-email-error" style="display: none;"></span> </div> <div class="form-group"> <label class="sr-only" for="account-password">Password</label> <input type="password" name="registrationForm[password]" placeholder="Password" class="form-control" id="account-password" onblur="validatePassword();" autocomplete="off"> <span class="help-block text-danger" id="account-pass-error" style="display: none;"></span> </div> <div class="form-group"> <label class="sr-only" for="account-confirm-password">Confirm Password</label> <input type="password" name="registrationForm[confirmPassword]" placeholder="Confirm Password" class="form-control" id="account-confirm-password" onblur="validatePassword();" autocomplete="off"> <span class="help-block text-danger" id="account-password-error" style="display: none;"></span> </div> <div class="form-group"> <label><input type="checkbox" value="Yes" name="registrationForm[is_newletter]"> Newsletter</label> </div> <div class="form-group"> <label><input type="checkbox" value="Yes" name="registrationForm[emagazine]"> E-magazine</label> </div> <div class="form-group"> <label><input type="checkbox" value="Yes" name="registrationForm[bio_info]"> Biospectrum Infomercial</label> </div> <div class="form-group"> <label><input type="checkbox" value="Yes" name="registrationForm[bio_reso]"> Bio Resource</label> </div> <div class="form-group"> <label><input type="checkbox" value="1" required> I accept the <a href="/pdf/terms-and-conditions.pdf" target="_blank">terms & condition</a> & <a href="/pdf/privacy-policy.pdf" target="_blank">Privacy policy</a></label> </div> <div class="row"> <div class="col-md-12"> <div class="form-group"> <button class="btn btn-success col-md-12" type="submit">Sign Up</button> </div> </div> </div> </form> </div> <div class="tab-pane fade top-margine" id="forget-password"> <div id="legend" class="top-margine"> <legend>Forgot Password</legend> </div> <form role="form" action="/forgot-password/" method="post" name="forgotPasswordForm" id="forgotPasswordForm" onsubmit="return validateForgotPassword();"> <div class="alert alert-danger" id="forgot-pass-error-msg" style="display: none;"></div> <div class="form-group"> <label class="sr-only" for="forgot-pass-email">Email id</label> <input type="text" name="forgotPasswordForm[email]" placeholder="Email" class="form-control" id="forgot-pass-email"> <span class="help-block text-danger" id="forgot-pass-email-error" style="display: none;"></span> </div> <div class="row"> <div class="col-md-12"> <div class="form-group"> <button class="btn btn-success col-md-12" type="submit">Submit</button> </div> </div> </div> </form> </div> </div> </div> </div> </div> </div>  </div> <div class="modal-footer"> <button type="button" class="btn btn-default" data-dismiss="modal">Close</button> </div> </div> </div> </div> </div>  <div id="newsletter-popup" class="modal fade" role="dialog"> <div class="modal-dialog">  <div class="modal-content"> <div class="modal-header"> <button type="button" class="close" data-dismiss="modal">×</button> <h4 class="modal-title">Subscribe To Our Newsletter</h4> </div> <div class="modal-body"> <span id="message-nl"> </span> <form role="form" action="/newsletter-handle/" method="post" name="newsletterForm" id="newsletterForm" onsubmit="return validateNewsletter();"> <div class="alert alert-danger" id="newsletter-error-msg" style="display: none;"></div> <div class="form-group"> <label class="sr-only" for="nl-email">Email ID </label> <input type="email" name="newsletterForm[email]" placeholder="Email Id" class="form-control" id="nl-email"> <span class="help-block text-danger" id="nl-email-error" style="display: none;"></span> </div> <div class="form-group"> <label><input type="checkbox" value="1" required> I accept the <a href="/pdf/terms-and-conditions.pdf" target="_blank">terms & condition</a> & <a href="/pdf/privacy-policy.pdf" target="_blank">Privacy policy</a></label> </div> <div class="row"> <div class="col-md-12"> <div class="form-group"> <button class="btn btn-danger col-md-12" type="submit">SUBSCRIBE!</button> </div> </div> </div> </form> </div> <div class="modal-footer"> <button type="button" class="btn btn-default" data-dismiss="modal">Close</button> </div> </div> </div> </div> <div class="clearfix" id="corona" style="display: block;"> <div id="main-covid" class="eclt-rsttble" style="display: block;"> <div id="main-coviddash" class="shadow"> </div> </div> </div>     <script src="/bundles/interlinksapp/app/app-asia/js/jquery.min.js" type="text/javascript"></script> <script src="/bundles/interlinksapp/app/app-asia/js/bootstrap.min.js" type="text/javascript"></script>   <script src="/bundles/interlinksapp/app/app-asia/js/dips-site-common.js" type="text/javascript"></script> <script type="text/javascript"> var passwrodLength = "8"; $(document).ready(function() { $('#email').on('keyup', function(event) { this.value = this.value.toLowerCase(); $('#enquiry-email-error').hide(); }); $('#save-enquiry-btn').on('click', function(event) { saveEnquiry(this); }); $('#enquiryForm').on('keyup', '#name, #email, #contact, #message', function(event) { $('#enquiry-error').hide(); }); $("#contact").on('keydown', function (e) { allNumeric(e); }); $('#account-email').on('blur', function(event) { isEmailExist(); }); $('#account-email').on('keyup', function(event) { this.value = this.value.toLowerCase(); $('#account-email-error').hide(); }); $('#loginForm').on('keydown', '#login-email, #login-password', function(event) { $('#login-email-error').hide(); $('#login-password-error').hide(); }); $("#registrationForm").on('keydown', '#account-confirm-password, #account-password, #account-firstName, #account-lastName', function (e) { $('#account-password-error').hide(); $('#account-pass-error').hide(); $('#account-firstName-error').hide(); $('#account-lastName-error').hide(); }); $('#forgotPasswordForm').on('keydown', '#forgot-pass-email', function(event) { $('#forgot-pass-email-error').hide(); }); setTimeout(function(){ if (sessionStorage.getItem('advertise_once') !== 'true') { $('#advertise-once').modal({backdrop: 'static', keyboard: false}); sessionStorage.setItem('advertise_once','true'); } },3000); setTimeout(function() { document.getElementById("corona").style.display = "none"; },60000); }); function validatePassword() { var password = $("#account-password").val(); var confirmPassword = $("#account-confirm-password").val(); if(password == '') { $('#account-pass-error').text("Password should not be empty.").show(); return false; } else { if(password.length < passwrodLength) { $('#account-pass-error').text("Your password must be at least " + passwrodLength + " characters long.").show(); return false; } } if(confirmPassword == '') { $('#account-password-error').text("Confirm Password should not be empty.").show(); return false; } else { if(confirmPassword.length < passwrodLength) { $('#account-password-error').text("Your password must be at least " + passwrodLength + " characters long.").show(); return false; } } if (password != confirmPassword) { $('#account-password-error').text("'Password' and 'Confirm Password' must match.").show(); return false; } return true; } function validateRegistration() { var nameRegex = /^[a-zA-Z]+$/; if($("#account-firstName").val() == '') { $('#account-firstName-error').text("First name should not be empty.").show(); return false; } else { if (!$("#account-firstName").val().match(nameRegex)) { $('#account-firstName-error').text("Please enter a valid first name.").show(); return false; } } if($("#account-lastName").val() == '') { $('#account-lastName-error').text("Last name should not be empty.").show(); return false; } else { if (!$("#account-lastName").val().match(nameRegex)) { $('#account-lastName-error').text("Please enter a valid last name.").show(); return false; } } if($("#account-email").val() == '') { $('#account-email-error').text("Email address should not be empty.").show(); return false; } else { if(!validateEmail($("#account-email").val())) { $('#account-email-error').text("Please enter a valid email address.").show(); return false; } //isEmailExist(); var emailStatus = $('#is-email-exist').val(); if(emailStatus == '1') { $('#account-email-error').text('That username is taken. Try another one.').show(); return false; } } return validatePassword(); } function validateLogin() { if($("#login-email").val() == '') { $('#login-email-error').text("Email address should not be empty.").show(); return false; } else { if(!validateEmail($("#login-email").val())) { $('#login-email-error').text("Please enter a valid email address.").show(); return false; } } if($("#login-password").val() == '') { $('#login-password-error').text("Password should not be empty.").show(); return false; } else { if($("#login-password").val().length < passwrodLength) { $('#login-password-error').text("Your password must be at least " + passwrodLength + " characters long.").show(); return false; } } return true; } function validateForgotPassword() { if($("#forgot-pass-email").val() == '') { $('#forgot-pass-email-error').text("Email address should not be empty.").show(); return false; } else { if(!validateEmail($("#forgot-pass-email").val())) { $('#forgot-pass-email-error').text("Please enter a valid email address.").show(); return false; } } return true; } function isEmailExist() { var email = $('#account-email').val(); $('#is-email-exist').val(0); $.post("/email-validator/", {'email':email}, function(data) { if(data.response.isEmailExist == true) { $('#is-email-exist').val(1); $('#account-email-error').text('That username is taken. Try another one.').show(); } },'json'); } function validateNewsletter() { if($("#nl-email").val() == '') { $('#nl-email-error').text("Email address should not be empty.").show(); return false; } else { if(!validateEmail($("#nl-email").val())) { $('#nl-email-error').text("Please enter a valid email address.").show(); return false; } } return true; } function hideCoronaBox() { document.getElementById("corona").style.display = "none"; } </script> <script src="/bundles/interlinksapp/assets/global/plugins/angularjs/angular.min.js" type="text/javascript"></script> <script src="/bundles/interlinksapp/assets/global/plugins/angularjs/angular-route.min.js" type="text/javascript"></script> <script src="/bundles/interlinksapp/app/app-asia/js/SitePollController.js?20241130223308140239" type="text/javascript"></script> <script> (function(d, s, id) { var js, fjs = d.getElementsByTagName(s)[0]; if (d.getElementById(id)) return; js = d.createElement(s); js.id = id; js.src = "//connect.facebook.net/en_GB/sdk.js#xfbml=1&version=v2.9&appId=1560756547268819"; fjs.parentNode.insertBefore(js, fjs); }(document, 'script', 'facebook-jssdk')); </script> <script src="//platform.twitter.com/widgets.js"></script> <script src="https://apis.google.com/js/platform.js" async defer></script> <script src="//platform.linkedin.com/in.js" type="text/javascript"> lang: en_US</script> <script src="/bundles/interlinksapp/app/app-asia/js/SiteCommentController.js?20241130223308140244" type="text/javascript"></script> <script src="/bundles/interlinksapp/assets/global/plugins/text-to-speech/articulate.min.js" type="text/javascript"></script> <script type="text/javascript"> $(function() { //This code for article page toggle view comment box $('.toggle').click(function(event) { $('#credits').toggleClass('hidden show'); }); $('.clogin-button').click(function(event) { $('#myModal').modal('show'); $('#login-tab').trigger('click'); }); $('.cregister-button').click(function(event) { $('#myModal').modal('show'); $('#registration').trigger('click'); }); //Text to speech script Start var selector = $('#page1'); $('#play-button').click(function(event) { // Sets the pitch of the speaking voice; // default = 1.0; range = [0 - 2] selector.articulate('pitch', 2); // Sets the rate of the speaking voice // default = 1.1; range = [0.1 - 10] selector.articulate('rate', 0.8); selector.articulate('speak'); $('#play-button').parent().hide(); $('#resume-button').parent().hide(); $('#pause-button').parent().show(); $('#stop-button').parent().show(); }); $('#pause-button').click(function(event) { selector.articulate('pause'); $('#resume-button').parent().show(); $('#pause-button').parent().hide(); }); $('#stop-button').click(function(event) { selector.articulate('stop'); $('#play-button').parent().show(); $('#resume-button').parent().hide(); $('#pause-button').parent().hide(); }); $('#resume-button').click(function(event) { // Sets the pitch of the speaking voice; // default = 1.0; range = [0 - 2] selector.articulate('pitch', 2); // Sets the rate of the speaking voice // default = 1.1; range = [0.1 - 10] selector.articulate('rate', 0.8); selector.articulate('resume'); $('#resume-button').parent().hide(); $('#pause-button').parent().show(); }); //Text to speech script End //Article title font size & content font size increase/decrease $('#incfont').click(function () { curSize = parseInt($('#font-effect').css('font-size')) + 2; if (curSize <= 30) $('#font-effect').css('font-size', curSize); }); $('#decfont').click(function () { curSize = parseInt($('#font-effect').css('font-size')) - 2; if (curSize >= 12) $('#font-effect').css('font-size', curSize); }); }); </script> <script> function speak(obj) { $(obj).articulate('speak'); //$(obj).articulate('rate', 0.5); }; function pause() { $().articulate('pause'); }; function resume() { $().articulate('resume'); }; function stop() { $().articulate('stop'); }; </script>  <script> (function(i,s,o,g,r,a,m){i['GoogleAnalyticsObject']=r;i[r]=i[r]||function(){ (i[r].q=i[r].q||[]).push(arguments)},i[r].l=1*new Date();a=s.createElement(o), m=s.getElementsByTagName(o)[0];a.async=1;a.src=g;m.parentNode.insertBefore(a,m) })(window,document,'script','https://www.google-analytics.com/analytics.js','ga'); 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