Friday, October 6, 2017

Some Data on Industrial Enzymes

Based on an analysis of industrial enzyme marketing data found on the Internet, the global market for industrial enzymes in 2016 was approximately $7 billion.   The following table shows the most frequently referenced sectors where enzymes are used and an estimate of the 2016 market percentages and values of the enzymes used in each sector:

sector
approximate % of total global market value ($7 Billion)
approximate market value (in billion $)
food & beverage
28%
1.96
detergents
25%
1.75
animal feed
12%
0.84
nutraceutical
12%
0.84
personal care
12%
0.84
textile
5%
0.35
paper & pulp
5%
0.35
waste treatment
1%
0.07
total
100%
7


The data in the table is approximate, for example, the total global value might be $1 billion more or less than $7 billion.   The relative sector percentages and values are likely correct.  The total global value and the percentages and values for food and beverage and detergents are based on reported amounts on the Internet.    Percentages and values for textiles, paper and pulp, and waste treatment are best guess.

The following companies have substantial industrial enzyme sales:

Novozymes
DowDupont
Royal DSM
AB Enzymes (a division of Associated British Foods)
Chr. Hansen
Advanced Enzyme Technologies
Shandong Longda Bio Products

By far, Novozymes sells the largest amount of industrial enzymes, with approximately 50% of 2016’s $7 billion global sales.   Percentages of the industrial enzyme market for the other companies are more difficult to estimate as the companies do not separate out enzyme sales in their reporting.


Click here to read a good overview on the use of industrial enzymes.

1 comment:

  1. Unlike conventional small molecules, enzymes are usually produced in cultures of living cells. Enzyme manufacturing combines various fields of science, such as microbiology, industrial enzymes

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