Product Code: ETC047584 | Publication Date: Aug 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The India Enzymes Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at 12.34% in 2025, the market peaks at 13.84% in 2028, and settles at 13.57% by 2029.
The India enzymes market is expected to grow at a CAGR of 5.6% between 2025 and 2031, reaching USD 703.3 million by 2031 from USD 491.4 million in 2025, mainly driven by the increasing demand for processed food products such as bakery items, beverages, confectioneries and dairy products from the rapidly growing Indian population. Growing health awareness among consumers has further propelled growth in this sector due to increased acceptance of enzyme-based nutritional supplements and functional foods across India. Moreover, with rising disposable incomes and urbanization leading to changing lifestyle preferences, there has been an increase in the consumption of convenience food which again increases the demand for enzymes in food processing industries.
Increasing Demand for Processed Food Products: The rapid rise in population coupled with their changing lifestyle preferences have led to an increased demand for processed food products such as dairy products, bakery items etc., thus driving up enzyme sales across India over recent years. Moreover nutritional supplement manufacturers are increasingly using enzymatic processes owing to their cost effectiveness thereby fuelling further growth within this market space. Rising Health Awareness Among Consumers : There has been a significant rise in consumer awareness regarding health benefits associated with usage of enzymes especially when it comes to dietary supplements or nutrition drinks thereby increasing its popularity within Indian households leading towards higher sales figures year on year. Also since natural plant based sources are used while manufacturing these, they tend to be well accepted among eco friendly consumers resulting into higher sales overall.
High Prices Associated With Enzyme Based Food Products : Despite being widely accepted due its high nutritional value ,it still faces certain challenges related pricing which might hinder its growth prospects .Owing to its highly complex production process prices associated with enzyme-based food products tend be significantly high compared other alternatives available hence making it difficult for manufacturers penetrate mass markets effectively without compromising on profit margins .Apart from that several government regulations placed on quality standards pose additional hurdles before companies operating within said industry segment therein limiting their ability maximize profits despite having promising potentials otherwise.
The major players competing in India?s enzymes market include Novo Nordisk A/S (Denmark), EMD Performance Materials Corporation (Germany), AB Enzymes GmbH (Germany). BASF SE (Germany), DSM N.V.(Netherlands) ADM Animal Nutrition Division (United States) etc.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Enzymes Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Enzymes Market Revenues & Volume, 2021 & 2031F |
3.3 India Enzymes Market - Industry Life Cycle |
3.4 India Enzymes Market - Porter's Five Forces |
3.5 India Enzymes Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 India Enzymes Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 India Enzymes Market Revenues & Volume Share, By Sources, 2021 & 2031F |
4 India Enzymes Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Enzymes Market Trends |
6 India Enzymes Market, By Types |
6.1 India Enzymes Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 India Enzymes Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 India Enzymes Market Revenues & Volume, By Carbohydrase, 2021-2031F |
6.1.4 India Enzymes Market Revenues & Volume, By Proteases, 2021-2031F |
6.1.5 India Enzymes Market Revenues & Volume, By Lipases, 2021-2031F |
6.1.6 India Enzymes Market Revenues & Volume, By Polymerases & Nucleases, 2021-2031F |
6.1.7 India Enzymes Market Revenues & Volume, By Others, 2021-2031F |
6.2 India Enzymes Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Enzymes Market Revenues & Volume, By Industrial Enzymes, 2021-2031F |
6.2.3 India Enzymes Market Revenues & Volume, By Specialty Enzymes, 2021-2031F |
6.3 India Enzymes Market, By Sources |
6.3.1 Overview and Analysis |
6.3.2 India Enzymes Market Revenues & Volume, By Plants, 2021-2031F |
6.3.3 India Enzymes Market Revenues & Volume, By Animals, 2021-2031F |
6.3.4 India Enzymes Market Revenues & Volume, By Microorganisms, 2021-2031F |
7 India Enzymes Market Import-Export Trade Statistics |
7.1 India Enzymes Market Export to Major Countries |
7.2 India Enzymes Market Imports from Major Countries |
8 India Enzymes Market Key Performance Indicators |
9 India Enzymes Market - Opportunity Assessment |
9.1 India Enzymes Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 India Enzymes Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 India Enzymes Market Opportunity Assessment, By Sources, 2021 & 2031F |
10 India Enzymes Market - Competitive Landscape |
10.1 India Enzymes Market Revenue Share, By Companies, 2024 |
10.2 India Enzymes Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |