Global Brewing Enzymes Market Size study & Forecast, by Source (Plant, Microbial), by Product Type (Glucanase, Protease, Xylanase, Amylase, Others), by Form (Liquid, Powder), by Distribution Channels (Offline Channel, Online Channel) and Regional Analysis

Global Brewing Enzymes Market Size study & Forecast, by Source (Plant, Microbial), by Product Type (Glucanase, Protease, Xylanase, Amylase, Others), by Form (Liquid, Powder), by Distribution Channels (Offline Channel, Online Channel) and Regional Analysis, 2022-2029

Global Brewing Enzymes Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. Brewing is the process of making beer from starches such as barley malt, water, hops, brewer's yeast, and clarifying agents. Enzymes are proteins that act as a biocatalyst to speed up a chemical reaction. They hasten the breakdown of substrates into the final product and speed up the reaction without undergoing any permanent chemical change. The rising production of beer worldwide and growing prices of cereals are key factors driving the market growth.

According to the Brewers Association of the United States – in 2020, in the United States the total production of craft beer in microbreweries was estimated at 4.10 million barrels, and it further increased to 4.56 million barrels in 2021. Additionally, as per Eurostat (the statistical office of the European Union) – in 2021, the total alcoholic beer production in EU member States was estimated at 33.1 billion liters, witnessing an increase of around 3 percent. Also, growing technological advancements in the brewing process as well as rising number of micro-breweries in developing economies would create lucrative growth opportunities for the market over the forecast period. However, high cost of exogenous enzymes and prevalent traditional brewing practices coupled with increased production of barley-based beer impede the market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Brewing Enzymes Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the dominance of leading market players as well as increasing consumption of beer in the region. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising penetration of microbreweries coupled with growing demand for alcoholic beverages in the region.

Major market players included in this report are:
Advanced Enzymes Tech
Koninklijke DSM N.V.
ABF Ingredients
Amano Enzyme
Chr Hansen
Wittington Investments
Kerry Group
DuPont
Novozymes
Megazyme

Recent Developments in the Market:
In Aug. 2020, DelvoPlant is a range of enzymes launched by Royal DSM to enhance the flavour, consistency, and richness of beverages made from plants. These enzymes, which are a part of DSM's growing line of substitutes to dairy products, have a number of advantages, such as increasing protein solubility, lowering viscosity, enhancing mouthfeel, and bringing out the inherent sweetness of raw materials like rice, soy, and oats.

Global Brewing Enzymes Market Report Scope:

Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Source, Product Type, Form, Distribution Channel, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Source
Plant
Microbial

By Product Type
Glucanase
Protease
Xylanase
Amylase
Others

By Form
Liquid
Powder

By Distribution Channels
Offline Channel
Online Channel

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World

Companies Mentioned

Advanced Enzymes Tech
Koninklijke DSM N.V.
ABF Ingredients
Amano Enzyme
Chr Hansen
Wittington Investments
Kerry Group
DuPont
Novozymes
Megazyme

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