Rattibha

Ekansh Mittal

7 Tweets 4 reads Feb 13, 2024

Manufacturing and sale of Enzymes looks like an interesting industry
It has multiple applications across pharma, food and other industries
There's also a listed company from the space
Indian enzyme market was estimated to be worth $397.22 Mn in 2023
Here's a small🧵
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What are enzymes?
Enzymes are protein molecules acting as biological catalysts, accelerating chemical reactions and metabolic processes
They enhance efficiency and effectiveness of products in various industries such as FMCG, dairy, meat, textiles, pharma, and biofuels
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Enzymes are classified based on factors such as their applications, source, functions, and technology used
They are commonly categorized according to their functions:
- Substrate type
- EC Nos System
A classification chart is enclosed for better understanding
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People often confuse between the terms - probiotics and enzymes
Details attached about Enzymes
- Functions
- Applications
- Advantages & Disadvantages
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Global enzymes market size was estimated at $60.48 Bn in 2023, with the Indian enzyme industry contributing just a minuscule 0.66% to the global enzyme market
There is significant potential for growth in this industry from healthcare, food & beverage & chemical sectors
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Key Enzyme Manufacturers:
The dominant supply of Novozymes AG, DuPont Danisco, and DSM has a significant influence on the global enzymes market
The industrial Enzyme type dominated the global market with a revenue share of over 56.0% in 2023
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