Abstract
INTRODUCTION
With the environment and cost issues in the conventional chemical processes
being subjected to considerable scrutiny, biotechnology is gaining rapid
ground as it offers several advantages over conventional technologies.
Industrial enzymes represent the heart of biotechnology. The field of
industrial enzymes is now experiencing major research and development (R&D)
initiatives, resulting in development of a number of new products and in
improvement in the process and performance of several existing products.
This study examines the applications actually being practiced commercially
worldwide and their markets and growth opportunities. It also looks into the
true market penetrations for the newer grades of enzymes and their
applications as well as newer developments and potential applications on the
horizon. This study gives a clear, quantitative picture of the marketplace,
and highlights the technological and investment opportunities in the field.
SCOPE OF STUDY
This report contains:
- Descriptions of various technical enzyme applications including detergent,
textile, pulp and paper, leather, and miscellaneous chemicals; also, food
applications including confectionery and sweeteners, dairy, fruit and
vegetable processing,, and animal feed
- The current market status of enzymes, trends and forecasts for growth over
the next 5 years
- Analysis of the enzymes industry on a worldwide basis, both from a
marketing and application perspective
- Discussion of emerging technologies with a thorough patent analysis
- Information about major players and their contributions to the enzymes
industry.
INFORMATION SOURCES
This study is based on exhaustive primary and secondary research in addition
to the information from in-house databases.
Various sources of published data from several international publications and
seminar proceedings have been scrutinized to collect data and statistics.
Particular attention has been paid to ascertain the actual quantities of
enzymes produced and sold. Further, market penetration of enzymes is
determined by examining the extent to which enzymes are being used in a
particular application relative to the conventional or non-enzymatic routes,
so that we can ascertain potential for future sale.
This study also involved extensive consultation with industry experts to get
their opinions regarding the industrial enzyme marketplace, some of the
changes going on in the field, and what the future holds.
CREDENTIALS OF ANALYSTS
The study has been carried out by a team of chemical engineering consultants
led by Senior Consultant N. S. Venkataraman, a chemical engineer with over 30
years of experience in various functions relating to chemical, pharmaceutical,
and allied industries. Other team members include D. Panneerselvam, P.
Govindanayagi, and E. Ganga. All the members of the team are practicing
chemical engineers or chemists, with extensive experience as business
consultants in chemical and allied industries.