Brewing Enzymes Market Size, Competitive Landscape and Market Forecast - 2029

SKU: DMFB417 | Last Updated On: Jul 14 2022 | Available Formats

> Global Brewing Enzymes Market Expected to reach a high CAGR of 6.5% By 2029: DataM Intelligence

Global Brewing Enzymes Market is segmented by Enzyme Type (Alpha-Amylase, Beta-Amylase, Beta-Glucanase, Protease, Others), By Function (Cooker, Mashing, Fermentation, Stabilization, Filtration, Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2022-2029

 

Market Overview

The Global Brewing Enzymes Market is growing at a CAGR of 6.5% during the forecast period (2022-2029).

  • Enzymes are complex organic substances that act as a catalyst and accelerate the rate of reaction. To meet the increasing demand for brewery products, enzymes are used significantly to decrease production time.

Market Dynamics

  • The major market driver for the global brewing enzymes market is the increasing demand for brewery products. Enzymes act as a catalyst and accelerate the reaction process, significantly reducing the production time.

  • Therefore, the usage of enzymes in the brewing industry has significantly increased to meet the huge demand. The usage of enzymes increases efficiency and optimizes raw material usage. The quality and supply constraints of raw materials and increasing raw material prices have increased the demand for enzyme solutions.

  • The application of enzymes also helps in producing different types of beers such as gluten-free and low-calorie beer which a prominent factor is boosting the brewing enzymes market.

  • The major factor restraining the brewing enzymes market is the stringent government regulations on the brewing industry. Moreover, the brewing process requires a great knowledge of enzymology as each enzyme will act on only a limited range of substrates, and the rate at which the chemical reaction occurs is affected by temperature, concentration and the pH of the solution.

Market Segmentation Analysis

  • The global brewing enzymes market is segmented by the enzyme type and the function of the product. Based on the enzyme type, the market is segmented into alpha-amylase, beta-amylase, beta-glucanase, protease, and others.

  • All the enzymes utilized in the brewing industry are diverse in their action and properties and are therefore important in each process of brewing.

  • Based on the product type, the market is segmented into mashing, fermentation, stabilization, filtration, and others.

Geographical Analysis

  • Geographically, the market is segmented into regions – North America, Asia/Pacific, Europe, South America, and RoW. The United States is the largest market for brewing enzyme market accounting to the major share in the global beer and wine production. The growing demand for craft brewing is driving the market in the US.

Competitive Analysis

  • The key manufacturers are focused on developing products that would address the current trends of sugar reduction. For instance, in October 2017, Biocatalysts (UK) has launched a new enzyme panel according to the current trends of sugar and soluble fiber inclusion.

  • The key market players are also focused on widening their global footprint, through acquisitions and joint ventures. For instance, Kerry Group announced a new technological partnership with Gringo Bioworks, in an attempt to extend their market reach by leveraging each other’s technologies.

A few of the key market players of the global brewing enzymes market are:

• Soufflet Biotechnologies.

• Royal DSM.

AB Enzymes.

• CBS Brew.

• Amano Enzyme Inc.

• DuPont Nutrition and Health.

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