Top Industrial Enzymes Companies

Global Industrial Enzymes Market size was valued at USD 7.6 billion in 2023 and is poised to grow from USD 8.09 billion in 2024 to USD 13.4 billion by 2032, growing at a CAGR of 6.5% during the forecast period (2025-2032).

The industrial enzymes market is characterized by strategic collaborations, mergers, and government-backed initiatives aimed at fostering innovation and sustainability. In 2024, Novozymes and Chr. Hansen completed a merger to form Novonesis, enhancing their capabilities in food and agriculture sectors. DuPont expanded its enzyme portfolio through strategic partnerships, focusing on biofuels and food applications. BASF invested in research to develop environmentally friendly detergent enzymes, aligning with Germany's sustainability goals. In Asia, China's Zhejiang Medicine Co., Ltd. introduced brewing-specific enzymes, supported by governmental green technology initiatives. South Korea established the National Bio Committee in 2025 to coordinate biotechnology strategies, promoting enzyme applications across various industries.'Novozymes A/S', 'DSM-Firmenich', 'BASF SE', 'DuPont (IFF)', 'Amano Enzyme Inc.', 'AB Enzymes GmbH', 'Chr. Hansen Holding A/S', 'Advanced Enzyme Technologies', 'Enzyme Development Corporation', 'Kerry Group plc'

Enzyme manufacturing involves complex fermentation and purification, resulting in high costs. These expenses limit enzyme accessibility, especially for small and medium enterprises, restraining market growth despite increasing demand.

North America held a significant share of the global industrial enzymes market, with the United States and Canada leading in revenue generation. The region's dominance is attributed to its robust food and beverage industry, extensive research and development activities, and stringent environmental regulations promoting sustainable practices.