BIOSPECTRUM INDUSTRIAL ENZYMES SURVEY AND METHODOLOGY

BioSpectrum India, a leading B2B media platform in Lifesciences space since 2003 has re-launched its ranking special edition in June 2019 after a gap of 2 years. We have delayed this survey and ranking excise in 2020 due to COVID-19, as companies were given extended period to submit their financial returns to December 2020.

In this survey we looked at only Industrial Enzymes Industry with companies specializing in food & beverage, textile, pharmaceutical, food processing, leather, detergents, paper and pulp and bioenergy. We highlighted the companies (both MNCs and domestic players) based on their achievements in the past financial years.

A detailed questionnaire (survey form) was sent to about 25 companies in this space to capture the needed information for the analysis. This was done during January – March 2021. Companies shared information with us to the extent it was possible by them. We have collected information about listed companies from stock exchange and financial agencies and Ministry of Corporate Affairs (MCA) as well.

#The revenues considered for the analysis are of Industrial Enzymes products sales. In several cases, where revenue figures were not available, estimates were arrived in discussion with industry experts.

#For all the ranking purposes, we have taken the Industrial Enzymes business only into consideration. Wherever ‘Revenue is mentioned, it means, sales turnover from Industrial Enzymes products division. Therefore, revenue wherever mentioned is not necessarily the total sales turnover of the company.