Material Insights · Understanding the Material World

Industrial enzymes: Feedstocks

Why cheap sugar matters far less than clever strains

What this tab covers What it is made from and what it feeds: the raw materials and energy per tonne with their share of cost (linked to the commodity table), who is low-cost and why, and the chemicals made from it.

Enzymes need sugar, nitrogen and power, but feedstock is a small part of their value because they sell at high prices per kg and margins are high (Novonesis adjusted gross margin 59.1% in 2025). What decides competitiveness is strain technology, application know-how and scale, not cheap maize.

Inputs per tonne

InputQuantity per tonneRoleShare of costSource
Mz Maizenot publishedcarbon and nitrogen sourcesmall share of sales value (indicative)indicative
Su Sugarnot publishedcarbon sourcesmall (indicative)indicative
Soy Soybeansnot publishednitrogen sourcesmall (indicative)indicative
Electricity and steamnot publishedaeration, cooling, sterilisationsignificant in production cost (indicative)indicative

Who is low-cost, and why

Not a feedstock-driven curve. The leaders' scale, strain yields and application labs give them high margins: Novonesis adjusted gross margin 59.1% and adjusted EBITDA margin 37.1% in 2025 (Novonesis).

Raw materials on the commodity table

Mz MaizeSu Sugar

What it is made into

ProductNote
Fd Food and feed additivesenzymes are part of the food and feed additive family
Srf Surfactantsdetergent enzymes cut surfactant and heat needs