Novozymes A/S

Company Snapshot

Company Overview

Novozymes A/S offers enzyme products in sectors including household detergents (household care), bioenergy, food and beverage, agriculture (grain and tech processing), animal health, pharmaceuticals, and animal nutrition. The company offers various nutraceutical ingredients, including natural botanicals, proteins, vitamins, etc.

In January 2024, the company merged with Chr. Hansen and formed Novonesis. The newly formed company will be known for its bio-solution offerings. The company has a diversified portfolio and strong end-market exposure. In 2023, the company launched 18 solutions to meet customer needs from various verticals.

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