Core Viewpoint - The biocatalyst industry in China is a strategic emerging industry supported by national policies, characterized by efficiency, safety, energy conservation, and environmental friendliness, playing a crucial role in building a resource-saving and environmentally friendly society [1][14]. Industry Overview - The biocatalyst industry is classified as a key product in the "New Catalytic Materials and Additives Manufacturing" category in the 2023 Industrial Strategic Emerging Industry Classification Directory [1][14]. - Biocatalysts are natural catalysts that efficiently catalyze chemical reactions under mild conditions, reducing side reactions and waste [8][10]. Market Demand and Supply - The biocatalyst industry in China has shown a growth trend, with production expected to reach 195,000 tons and demand at 178,000 tons by 2024 [17]. - The market size of the biocatalyst industry has increased from 15.23 billion yuan in 2018 to 18.9 billion yuan in 2024, with a CAGR of 3.7% [19]. Competitive Landscape - The competitive landscape of the biocatalyst industry is diverse and intense, with multinational giants like Novozymes, DuPont, and BASF dominating the high-end market [22]. - Domestic companies such as Shandong Longkete Enzyme Preparations Co., Ltd., Jinan Baishijie Bioengineering Co., Ltd., and Wuhan Xinhuiyang Bio Co., Ltd. are expanding their market share through continuous technological innovation [22][23]. Policy Support - The Chinese government strongly supports the development of the biocatalyst industry through various policies aimed at promoting green manufacturing and reducing organic emissions [1][14][16]. Industry Chain - The biocatalyst industry chain includes upstream resources like strains and gene development, midstream production, and downstream applications in food, pharmaceuticals, and bioenergy [12][13].

Core Viewpoint - The biocatalyst industry is experiencing significant growth due to its high efficiency, selectivity, and environmental friendliness, with applications in biotechnology, pharmaceuticals, and food processing [1][4][12]. Biocatalyst Industry Definition and Characteristics - Biocatalysts refer to free or immobilized cells and enzymes that catalyze biological reactions, including various types such as free enzymes, immobilized enzymes, microbial cells, and plant and animal cells [2][4]. Current Development Status of the Biocatalyst Industry - Biocatalysts are highly efficient compared to traditional chemical catalysts, with reaction rates potentially increasing by millions of times when enzymes are involved [4][12]. - In 2024, China's biocatalyst production is projected to reach 195,000 tons, an increase of 12,000 tons from 2023, while demand is expected to rise to 178,000 tons, up by 6,000 tons [5][7]. Biocatalyst Industry Supply Chain - The upstream of the biocatalyst industry includes the supply of fermentation strains, enzyme raw materials, and production equipment, while the midstream focuses on the manufacturing of biocatalysts, and the downstream encompasses applications in pharmaceuticals, food processing, bioenergy, and molecular biology research [7][8]. Competitive Landscape of the Biocatalyst Industry - The biocatalyst industry in China is characterized by intense competition, with multinational companies like Novozymes and DuPont dominating the high-end market, while local firms such as Guangdong Yidoli and Qingdao Blue Biological are expanding their market share through technological innovation [9][10]. Development Trends in the Biocatalyst Industry - Biocatalysts are seen as sustainable alternatives to traditional chemical processes, driven by increasing environmental concerns and regulatory pressures, leading to a surge in demand for biocatalysts in various sectors [12][13]. - The market for biocatalysts is expected to grow as consumer preferences shift towards sustainable and bio-based products, although challenges such as catalyst stability and long development cycles remain [12].