Novozymes A/S

Company Snapshot

Founded: 2000
Entity Type: Public
Employees: 6756
Region: Europe
Revenue: $2,598.2 Millions
Revenue Year: 2023
Segment: Consumer Biosolutions
Headquarter: Bagsværd, Denmark
Key Geographics: Europe, North America, Rest of Europe, Denmark, Latin America, Asia-Pacific
Corporate Address: Krogshoejvej 36, 2880 Bagsvaerd Denmark Tel.  +45 4446 0000 www.novozymes.com

Company Overview

Novozymes A/S is the largest global producer of industrial enzymes. Novozymes participates in all areas of the industrial enzyme business, including household detergents (household care), food and beverage, bioenergy, agriculture (grain & tech processing), pharmaceuticals, animal health and animal nutrition.

Novozymes uses synthetic biology methods to develop enzymes and enzyme cocktails.

Novozymes, a key supplier of enzymes to the biofuel industry, has a leading market share in enzymes to the bioethanol industry. The company uses DNA-sequencing technologies and bioinformatics as enabling technologies for its enzyme-development programs.

Financial Highlights (FY 2023)

Net Revenue: ***
Total Current Liabilities: ***
Total Current Assets: ***
R&D expenses: ***
Operating Income: ***

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Novozymes A/S In Reports

Global Markets for Enzymes in Industrial Applications

BCC Research Report: Dive into industrial enzymes market size with 2023 being the base year and 2024 to 2029 being the forecast period for the study.

Probiotics in Food, Beverages, Dietary Supplements and Animal Feed

BCC Research Market Analyst says global market for probiotics is expected to grow from $69.8 billion in 2024 and is projected to reach $102.1 billion by the end of 2029, at a CAGR of 7.9%.

Nutraceuticals: Global Markets

BCC Research Market Analyst says global market for nutraceuticals is expected to grow from $418.2 billion in 2024 and is projected to reach $571.3 billion by the end of 2029, at a CAGR of 6.4%.

Company's Business Segments

  • Consumer Biosolutions : Consumer bio solutions include household care and food, beverages and human health.
  • Agriculture and Industrial Biosolutions : Agriculture and industrial biosolutions segment includes bioenergy, grain and tech processing, agriculture, animal health and nutrition.

Applications/End User Industries

  • Households
  • Food and Beverages
  • Agriculture
  • Animal Health
  • Nutrition
  • Bioenergy
  • Grain & Tech Processing
  • Human Health