India Enzymes Market 2030: Catalyzing Food Industry Growth
India Enzymes Market Size & Trends The India enzymes market size was valued at USD 440.5 million in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 7.8% from 2024 to 2030. The growth of detergent and chemical industries in India is anticipated to contribute to market expansion throughout the forecast period. The rise in awareness regarding declining nutrition levels among consumers has resulted in a surge in protein consumption, thereby driving the demand for proteases in the food industry. The country, also known for its strong textile manufacturing base, has witnessed a growing demand for eco-friendly and sustainable textiles. It has led to the use of enzymes in the textiles industry as they are biodegradable and are pollution free. This also makes them an attractive alternative to harsh chemicals in the textiles industry. Moreover, as enzymes can reduce the requirement for high temperatures and excessive water consumption during textile processing...