India Enzymes Market to Register a CAGR of 8.67% During the Forecast Period through 2028
Increasing demand from various industries and changing lifestyles & improving dietary patterns is driving the India Enzymes Market in the forecast period, 2023-2028. According to TechSci Research report, “India Enzymes Market – By Region, Competition, Forecast and Opportunities, 2018-2028 ” , the India Enzymes Market stood at USD 390.68 million in 2022 and is expected to grow at a CAGR of 8.67% during the forecast period. The nation's advances in food technology and growing consumer awareness of higher-quality products manufactured with the aid of enzymes are driving the industry. To invest at the Kundl/Schaftenau Campus in Austria, BASF and Sandoz GmbH, a division of Novartis, signed a contract in April 2021. Through this partnership, BASF can expand its capacity for producing enzymes and biotechnology goods which are expected to drive the India enzymes market. Enzymes are utilized in the processed food industry as well as the growing domestic demand for processed foods, th