Enzymes Procurement Intelligence
The enzymes category is anticipated to grow at a CAGR of 6.6% from 2023 to 2030.
North America is the major market for a variety of industries, including food and beverage, laundry detergent, pharmaceuticals, personal care, and cosmetics. This is due to the strong end-use in these industries, as well as increasing R&D activities in this region. In 2022, the region accounted for 38% of the global market share and is expected to grow at the highest compound annual growth rate (CAGR) during the forecast period.
Order your copy of the Enzymes category procurement intelligence report 2023-2030, published by Grand View Research, to get more details regarding day one, quick wins, portfolio analysis, key negotiation strategies of key suppliers, and low-cost/best-cost sourcing analysis
Enzymes Procurement Intelligence Report Scope
The Enzymes category is expected to have pricing growth outlook of 2% - 3% (Annually) from 2023 to 2030, with below pricing models.
- Volume-based pricing
- Cost-plus pricing
Supplier Selection Scope of Report
- Technical capabilities
- experience
- pricing
- support to customers.
Supplier selection criteria of Report
- Capabilities and reliability
- Quality
- Research and development
- Customer service
- Track record and pricing
Enzymes Procurement Intelligence Report Coverage
Grand View Research will cover the following aspects in the report:
- Market Intelligence along with emerging technology and regulatory landscape
- Market estimates and forecasts from 2022 to 2030
- Growth opportunities, trends, and driver analysis
- Supply chain analysis, supplier analysis with supplier ranking and positioning matrix, supplier’s recent developments
- Porter’s 5 forces
- Pricing and cost analysis, price trends, commodity price forecasting, cost structures, pricing model analysis, supply and demand analysis
- Engagement and operating models, KPI, and SLA elements
- LCC/BCC analysis and negotiation strategies
- Peer benchmarking and product analysis
- Market report in PDF, Excel, and PPT and online dashboard versions
Enzymes Procurement Cost and Supplier Intelligence
The price and cost components of enzymes are influenced by several factors, including the production method, the cost of raw materials, the complexity of the enzyme structure, the production scale, and the purification processes. The primary cost driver is the production method, which can vary from microbial fermentation to recombinant DNA technology. The cost of raw materials, such as substrates and nutrients, also contributes to the overall cost. Additionally, the complexity of the enzyme structure, production scale, and purification processes further impact the cost. Other factors like research and development expenses, regulatory requirements, and market competition also influence the pricing of enzymes.
When it comes to sourcing enzymes, it is crucial to follow the best practices to ensure high quality and reliable products. One of the key considerations is to work with reputable suppliers who specialize in enzyme production and have a proven track record in the industry. These suppliers should adhere to strict quality control measures, ensuring that their enzymes are produced using reliable and sustainable processes. Additionally, it is essential to prioritize suppliers who offer comprehensive documentation, including certificates of analysis and batch-specific information. This enables customers to verify the quality and authenticity of the enzymes they are purchasing. Finally, considering suppliers who engage in continuous research and development efforts can be beneficial, as they are likely to offer cutting-edge enzyme solutions.
List of Key Suppliers
- BASF SE
- Novozymes
- DuPont Danisco
- DSM
- Novus International
- Adisseo
- Associated British Foods Plc
- Hansen Holding A/S
- Advanced Enzyme Technologies
- Lesaffre
- Enzyme Development Corporation
Add-on Services provided by Grand View Research Pipeline:
- Should Cost Analysis
Component wise cost break down for better negotiation for the client, highlights the key cost drivers in the market with future price fluctuation for different materials (e.g.: steel, aluminum, etc.) used in the production process
- Rate Benchmarking
Offering cost transparency for different products / services procured by the client. A typical report involves 2-3 case scenarios helping clients to select the best suited engagement with the supplier
- Salary Benchmarking
Determining and forecasting salaries for specific skill set labor to make decision on outsourcing vs in-house.
- Supplier Newsletter
A typical newsletter study by capturing latest information for specific suppliers related to: M&As, technological innovations, expansion, litigations, bankruptcy etc.
Browse through Grand View Research’s collection of procurement intelligence studies:
Enzymes Procurement Intelligence Report, 2023 - 2030 (Revenue Forecast, Supplier Ranking & Matrix, Emerging Technologies, Pricing Models, Cost Structure, Engagement & Operating Model, Competitive Landscape)
Cold Chain Logistics Procurement Intelligence Report, 2023 - 2030 (Revenue Forecast, Supplier Ranking & Matrix, Emerging Technologies, Pricing Models, Cost Structure, Engagement & Operating Model, Competitive Landscape)
Brief about Pipeline by Grand View Research:
A smart and effective supply chain is essential for growth in any organization. Pipeline division at Grand View Research provides detailed insights on every aspect of supply chain, which helps in efficient procurement decisions.
Our services include (not limited to):
- Market Intelligence involving – market size and forecast, growth factors, and driving trends
- Price and Cost Intelligence – pricing models adopted for the category, total cost of ownerships
- Supplier Intelligence – rich insight on supplier landscape, and identifies suppliers who are dominating, emerging, lounging, and specializing
- Sourcing / Procurement Intelligence – best practices followed in the industry, identifying standard KPIs and SLAs, peer analysis, negotiation strategies to be utilized with the suppliers, and best suited countries for sourcing to minimize supply chain disruptions
