Brewing Enzymes Market Overview

Brewing Enzymes Market as the name suggests are enzymes that catalyze the brewing process. These Enzymes are extensively used during the malting process to make the raw grains suitable for brewing beer and distilling whiskey. These enzymes make beer processing faster and more cost-effective, preventing the formation of diacetyl. In wine preparation, brewing enzymes are used to make the filtration process smooth, while maintaining the colon, aroma, and fineness of the beverage.

The Global Brewing Enzymes Market has been rising continuously over the past few years due to the increasing numbers of breweries and vineries, worldwide. According to Market Research Future (MRFR), the global brewing enzymes market is projected to grow exponentially by 2023. In its recently published analysis, MRFR also asserts that the market would register a phenomenal CAGR throughout the forecasted period (2018-2023).

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Major Players:

Players leading the global brewing enzymes market are MillerCoors LLC. (US), Ab Enzymes Inc. (Germany), Customized Brewing Solutions (CBS - Belgium), Merck & Co., Inc. (US), E. I. Du Pont De Nemours and Co. (US), Kerry Inc. (US), Soufflet Biotechnologies (France), Megazyme Inc. (US), Novozymes A/S (Denmark), and DSM Food Specialties B.V. (Netherlands), among others.

Industry/ Innovation/ Related News

June 13, 2019 ---- Novozymes A/S (Denmark), a leading global biotechnology company, launched two major liquefaction platforms and advanced yeast technologies – Fortiva and Innova during 2019 Fuel Ethanol Workshop, held in Indianapolis, the US. Fortiva and Innova Force technology provide ethanol producers with the technology needed to push for greater profits in changing market conditions.

They underline Novozymes’ commitment to support the ethanol industry and producers. By leveraging biological synergies and sustainability of enzymes, yeast, and technical service platforms, Novozymes has reset performance expectations for ethanol production. The launches of the Innova Force fermentation solution and Fortiva, together deliver the most holistic, sustainable, and advanced approach to ethanol production.

Global Brewing Enzymes Market - Segments

The report is segmented into five market dynamics to widen the scope of understanding,

By Type : Amylase, Beta-glucanase, Protease, and Xylanase, among others

By Source : Microbial and Plant

By Form : Liquid and Powder

By Application : Beer and Wine.

By Regions : North America, Europe, APAC, and the Rest-of-the-World (RoW).

Global Brewing Enzymes Market - Regional Analysis

In terms of value, Europe and North America hold an equally prominent share in the global brewing enzymes market. However, North America would lead the brewing enzymes market over the forecast period, capturing most shares. Factors such as increasing consumption of these enzymes in the increasing numbers of breweries and high concentration of players who are actively involved in increasing the production to meet the growing market.

The Asia Pacific region has emerged as a promising market for brewing enzymes, representing a massive potential for growth. The presence of emerging economies with massive legions of wine connoisseurs and beer lovers and increasing numbers of breweries foster the regional market growth, creating a vast product demand.

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Brewing Enzymes Market - Competitive Analysis

Fiercely competitive, the brewing enzymes market appears fragmented with the presence of several large and small-scale players operating in the market. Focusing on improving their market performance, these players acquire promising companies in the fast-growing markets to meet their expansion plans. Growth in terms of innovations in techniques of product development is expected to create strong investment opportunities for global players.