The use of bio-enzymes pervades across many industrial sectors in India. Among them, the major driving force in the enzyme market comes from the Food & Beverage industry. In recent times, the food sector has witnessed several innovations and growth driven by a diverse lifestyle, improved dietary patterns, and the production of nutrient-rich food and beverages. This is followed by animal healthcare enzymes and industrial enzymes, categorized into detergent, paper and pulp, and food processing.
In addition, enzymes also play a crucial role in the baking industry because they make the dough soft and reduce the time of baking. Today, enzymes act as final products in medicines and dietary supplements and play a vital role in different industrial processes. Despite such growing demands, the bio-enzyme segment in India is still at its nascent stages of development as approximately 60-70 percent of the critical enzymes are imported.
Moreover, the development & production of enzymes is a highly skilled and technical process. The post-production process also requires a continuous set of research & development. There are a certain set of protocols, systems, reagents, and equipment that together play a critical role in the production & analysis process. This makes the enzyme segment in India a highly untapped and highly scientific-driven market. Better methods for producing enzymes and the ability to dramatically change their properties have opened the door to new applications in a wide range of industries, where they reduce costs, produce less waste, and help decrease energy, water, and toxic chemical use.
One of the Fastest Growing Bio-enzyme Manufacturer in India
Established in 2006, Meteoric Biopharmaceuticals is a renowned integrated firm founded by Gaurav Kaushik with the vision of introducing specialized biopharmaceutical goods and biotech solutions to satisfy the needs of a quality-conscious market. The product portfolio of the firm is well-diversified, with a wide range of enzymes, probiotics, and nutraceuticals available under one roof. Meteoric Biopharmaceuticals is equipped with the best-in-class technical support through cerebral product knowledge and comprehensive documentation.
With its focus on integration and diversification, the firm matches market requirements with best-in-class deliverables. Significantly, its operations are backed by Global quality accreditations like HALAL, KOSHER, IS0 22000:2018 & HACCP. “We have developed robust production facilities along with in-house testing laboratory matching world-class standards which helped us achieve quality certifications of the highest repute,” signifies Gaurav, Managing Director at Meteoric Biopharmaceuticals.
Meteoric Biopharmaceuticals is a reputed and leading player in the Indian enzyme market that has, over the years, formulated all types of
enzymes, right from food enzymes to pharmaceutical and specialty enzymes. In the initial years, the company released its first product in 2007 - a unique blend of thermo-stable and pH-stable enzymes that increases the milk-producing capability of dairy and lactating animals and targets overall nutrition. That particular enzyme was a huge success in the country, and thereafter, Meteoric Biopharmaceuticals gradually evolved to formulate natural and customized enzymes for a wide range of other industries. "Today, we are working on almost all the segments, among which, pharmaceutical food enzymes and animal healthcare enzymes have always been our main fforte," reveals Gaurav.
Customization & Contract Manufacturing for an Array of Products
Meteoric Biopharmaceuticals has a state-of-the-art production facility, equipped with cutting-edge machinery and world-class technology, as well as an in-house R&D facility and an elite team of scientists and technicians. Meteoric Biopharmaceuticals offers tailored solutions to both emerging and existing biotech companies in order to generate necessary healthcare goods at a competitive price point.
The company collaborates closely with its customers to build a product that is appropriate for their market. It invests a significant amount of study, time, and technical support in designing such a product and goes through various stages to achieve the final product as desired by the client, which include conception, Customized Product Design/Formulation, Final Formulation, and Manufacturing.
From formulating food and pharmaceutical enzymes, meteoric biopharmaceuticals gradually moved on to all the range of enzymes, and as of now, the company works in the production of 45-60 enzymes
Meteoric's contract manufacturing services assist its clients in expanding their existing product line by adding new products to their portfolio. The services also help companies in increasing present manufacturing capacity without having to worry about rising expenses due to increased staff, equipment, and facility requirements. Meteoric offers contract manufacturing services for a wide range of products such as Bromelain Capsules, Digestive Syrups, Papain & Trypsin Capsules, Enzymatic Preparations, Nutraceutical Preparations, Probiotic & Probiotic Blends, Formulation Customization, Enteric-Coated Enzymes, and Probiotics Preparation.
A Tale of Rapid Diversification
From formulating food and pharmaceutical enzymes, Meteoric Biopharmaceuticals gradually moved on to all the range of enzymes, and as of now, the company works in the production of 45-60 enzymes. Meteoric Biopharmaceuticals is also actively working in the affluent and discharge management industry. There are pollution-based industries that produce a massive amount of discharge, for instance, the spice, textile industry, and industries handling oil, to name a few. The company is actively involved in the formulation of enzymes that reduces the discharge and thereby help in preventing the harsh impact created on the environment.
Making India Free from Specialty Enzyme Import Dependence
At present, Meteoric Biopharmaceuticals accumulates around 65 per cent of its revenue from the export market. In accordance with the positive growth indicators, the company is eagerly looking forward to in-creasing its presence in the industrial markets of the USA, Europe, Japan, Korea, Taiwan, and Brazil in the near future.
"Our idea for the future is to produce maximum enzymes in India rather than depending upon imports. Besides this, we are also working on isolating certain organisms or strains, which will allow us to scale up our enzyme production processes. We are also keenly working to optimize the entire process, in which we will be focusing more on the maximum yield of enzymes, and our next future plan is to venture deeper into the specialty enzyme segment," summarizes Gaurav.
Gaurav Kaushik, Managing Director & CEO, Meteoric Biopharmaceuticals
Gaurav is a young & energetic first-generation entrepreneur successfully spearheading the growth of Meteoric Biopharmaceuticals – one of India's fastest growing biopharma companies. At the age of 38, Gaurav has successfully mastered the bio-pharma business in India, and under his leadership, Meteoric Biopharmaceuticals has received several recognitions & accolades, including the '25 Most Valuable Biotech Companies in 2019', as well as India's fastest growing MSME under Biotechnology; Pharmaceutical segment – Oct 2020 by The Economic Times, among many others.
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