Global Alcohol Enzymes Market Growth 2023-2029

Global Alcohol Enzymes Market Growth 2023-2029

Alcohol enzymes is an enzyme group that occurs in organisms to facilitate hydrolysis and ease the inter conversion between alcohol and aldehydes due to the reduction of nicotinamide adenine dinucleotide. They are used as catalysts in the process of conversion of complex molecules in different metabolic reactions.

LPI (LP Information)' newest research report, the “Alcohol Enzymes Industry Forecast” looks at past sales and reviews total world Alcohol Enzymes sales in 2022, providing a comprehensive analysis by region and market sector of projected Alcohol Enzymes sales for 2023 through 2029. With Alcohol Enzymes sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Alcohol Enzymes industry.

This Insight Report provides a comprehensive analysis of the global Alcohol Enzymes landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Alcohol Enzymes portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Alcohol Enzymes market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Alcohol Enzymes and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Alcohol Enzymes.

The global Alcohol Enzymes market size is projected to grow from US$ 1969.1 million in 2022 to US$ 3087.8 million in 2029; it is expected to grow at a CAGR of 3087.8 from 2023 to 2029.

North America is the largest regional market for alcohol enzymes. Rising health concerns and increasing use of cosmetics are considered the key drivers for the growth in demand for alcohol enzymes in the region. Moreover, increasing demand for bio-fuels is expected to further drive the growth of market in this region. Asia Pacific is expected to be the fastest growing region for alcohol enzymes during the forecast period. Rapid industrialization and developing pharmaceutical & biotechnology industries in emerging economies such as India and China is expected to be the key driving factor for the growth of alcohol enzyme market in this region. In addition, favourable business environment coupled with government initiatives to promote usage of bio-fuels is expected to further boost the demand for alcohol enzymes in the region.

This report presents a comprehensive overview, market shares, and growth opportunities of Alcohol Enzymes market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Carbohydrase
Proteases
Lipases
Others

Segmentation by application
Food & Beverage
Bio-fuel Production
Cleaning Agents
Animal Feed
Pharmaceuticals
Biotechnology

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Advanced Enzyme Technology
ABF PLC.
Amano Enzyme
Novozymes A/S
Dyadic International
The Soufflet Group
Roqutte Freres
Shanghai Zheyang Chemical

Key Questions Addressed in this Report

What is the 10-year outlook for the global Alcohol Enzymes market?

What factors are driving Alcohol Enzymes market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Alcohol Enzymes market opportunities vary by end market size?

How does Alcohol Enzymes break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.