Denmark dominates food enzyme production

- Last updated on GMT

Related tags: Cent, Enzyme, Danisco

With Danisco's acquisition of US firm Genencor, Danish companies
now control two-third's of global enzyme production.

In the global enzymes market Danish firm Novozymes, with an approximate 45 per cent share, is the number one player.

But Danisco now follows behind the category leader, with Genencor bumping up its share of the market from about 2 per cent to 20 per cent, writes Danish financial daily newspaper Børsen​.

The article cites Steen Riisgaard, general manager at Novozymes, as saying Denmark's new dominance in enzymes will give "a really strong power house for development of biotechnology with enzymes up front, and with an unbelievable growth potential."

In a €419 million deal announced​ this month, Danisco will buy Eastman Chemical's 42 per cent stake in the NASDAQ listed biotech company. Danisco already has a 42 per cent slice of the firm.

Brushing aside criticism of the move, Michael von Bülow, vice president communications and investor relations at Danisco asserts the acquisition fits snugly into the firm's strategy.

"We would like to expand our presence in biotechnology. This acquisition also gives us the opportunity to build on our enzyme knowledge,"​ he explained to

The market for enzymes, that reached over $2 billion (€1.53bn) in 2004, is currently showing timid growth, with new figures from BCC Communications predicting just 2 to 3 per cent growth to 2009.

Pitched at €10.97 billion in 2004, the global market for fermentation products, that includes enzymes, is expected to rise by 4.8 per cent per year, to reach €13.6 billion in 2009.

Related topics: Market Trends, Cultures, enzymes, yeast

Related news

Show more

Related products

show more

Expanding the value of beverage through wellness

Expanding the value of beverage through wellness

IFF (formerly DuPont Nutrition & Biosciences) | 19-Nov-2020 | Research Study

Fermentation and live cultures contents in food are perceived by consumers as healthier because these provide a wellness halo while Covid-19 is accelerating...

Top 10 Global Food & Beverage Texture Trends

Top 10 Global Food & Beverage Texture Trends

CP Kelco | 16-Sep-2020 | Technical / White Paper

Texture is at the forefront of food and beverage innovation today. While some trends are global, there are still some unique cultural variations. How thick...

Related suppliers

Follow us


View more