Brewing Enzymes Market Revenue 2020 Global Industry – Key Players, Size, Share, Trends, Opportunities
Market Overview
The usage of enzymes in the brewing
industry has been an essential component in its processing, and a thorough
knowledge and research of those enzymes is mandatory for the sake of better
production and higher quality although enzymes are endogenous in the kernel
itself or have been added from external sources. The demand is driven due to
reasons like increasing use of industrial enzymes used in breweries to
accelerate processing and to produce consistent and high-quality products.
Microbial enzymes in the brewing industry, are used to digest cell wall during
extraction of plant material to provide better yield, color, aroma and clearer
products. The Brewing Enzymes Market Revenue has
expanded in recent years with the advancement of research technology and
extension of application range. Apart from the drivers, brewing process
requires a deep knowledge of enzymology as each enzyme has its individual
temperature point, where it can be in active form.
Key Players
Some of the key players in the
global market are Novozymes (Denmark), DSM (Netherlands), Customized Brewing
Solutions (CBS) (Belgium), Dowdupont (U.S.), Amano Enzymes (Japan), Kerry Group
(Ireland), Chr. Hansen (Denmark), Associated British Foods (U.K), Brenntag
(Germany), Enzyme Development Corporation (U.S.)
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Segmentation
The global market has been segmented into type,
source, form, and application.
The market by type has been segmented into amylase,
beta-glucanase, protease, xylanase, and others.
The market, by source, has been segmented into
microbial and plant.
The market, by form, has been segmented into liquid
and powder.
The market has been segmented into application as
wine and beer.
Regional Analysis
The dynamics of brewing enzyme varies extremely from
region to region. North American market accounted for the largest share in Brewing
Enzymes Market Revenue in 2017 and it is projected to lead the market in near
future as well. U.S. leads the North American Brewing Enzymes Market Revenue,
followed by Canada and fastest-growing Mexican market. In North America there
is a growing demand for gluten-free beer, stimulating the demand for some
specific proteases (such as the prolin-specific Brewers Clarex formulation from
DSM). The European market, being one of the largest markets for beers, is
driving the growth of Brewing Enzymes Market Revenue. Countries such as the
U.K, Italy, Spain, Russia, Denmark, Hungary, Austria, Belgium, and Germany are
major beer manufacturers in Europe. Asia Pacific region is projected to grow at
the highest CAGR during forecast period. Developing economies such as China,
India, Malaysia and Vietnam are expected to drive the growth for Brewing
Enzymes Market Revenue in this region. China being one of the largest
beer-producing country accounts for at least 25% of the world beer production
and for its production, enzymes are largely used. South America is a
significant beer-producing area, and key markets such as Brazil, Argentina,
Peru, Paraguay, and Uruguay are driving the market in this region.
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