LONDON, Oct. 5, 2015 /PRNewswire/ -- In recent years, the
global industrial enzyme preparation market size increased year by
year, registering a CAGR of 5%, approximating USD4.2178 billion in 2014. At present, the global
industrial enzyme market is basically an oligopoly. In 2014,
Novozymes, an industrial enzyme giant, accounted for a 44% market
share while that for Dupont and DSM was 20% and 6%,
respectively.
Regionally, Europe and
North America have the largest
demand for industrial enzyme, occupying nearly 80% in sharp
contrast to some 9.4% in China.
Stimulated by the growing demand for enzyme preparations and
favorable policies, China's
industrial enzyme preparation output reached 1.1657 million tons in
2014. For years to come, industrial enzyme output will keep 10%
growth rate, to 1.5487 million tons by 2017.
By introducing foreign advanced equipment, excellent strains, and
new-type enzyme preparations, China has scored rapid development of enzyme
preparation industry, especially the Chinese enzyme preparation
enterprises. Currently, the enterprises with strong competitive
power in China include VTR
Bio-Tech, Youtell Biochemical, Smistyle, SunHY, etc.
As an enzyme preparation leader in China, VTR Bio-Tech has two subsidiaries: VTR
Bio-Tech (Inner Mongolia) and Hunan Hong Ying Xiang Biochemistry
(acquiring a 75% stake in 2014), with an annual capacity of 186,000
tons. In 2014, the company recorded revenue of RMB359.82 million and net income of RMB55.13 million (excluding that of Hunan Hong
Ying Xiang). At present, VTR Bio-Tech (Inner Mongolia)'s 20,000
tons/a enzyme preparation project and Hunan Hong Ying Xiang's
140,000 tons/a enzyme preparation project have been
jumpstarted.
Youtell boasts advanced R&D center in the United States and two large fermentation
production bases in Hunan and
Shandong, with the annual
production scale approaching 80,000 tons but lower capacity
utilization. In 2014, the company posted RMB153.9 million in revenue and RMB10.74 million in net income.
Global and China Enzyme Preparation Industry, 2014-2017 is all
about the following:
Development of global industrial enzyme industry, including market
size, competition pattern, and demand structure;
Development of China's industrial
enzyme industry, including development history, policy environment,
development status, import and export, and competition pattern;
Development of downstream sectors of China's enzyme preparation industry, including
food, feedstuff, brewing, detergent, papermaking, and textile
industries;
Four global and nine major Chinese industrial enzyme manufacturers,
including their profile, operation, and their industrial enzyme
business.
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