Brewing Enzymes Market - Global Industry Analysis

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Enzymes are a useful biocatalyst that is used in various industries for chemical reactions and industrial process. The enzymes are largely used in food processing, beverages, and animal feed industry. The brewing enzymes are used for secure, stable, and uniform mashing without any irregularities. It also improves filtration and use of raw material is optimized.

The changing lifestyle and growth in disposable income of people in developing countries are likely to increase the demand for beverages such as beers and wine. This, in turn, is expected to surge the demand for brewery enzymes during the years to come. Different types of enzymes are been used for different brewing process that is used in the production of beer. They are used to modify the taste of the beer and are also used for the production of the beer that is light and has low-calorie content.

The rise in the popularity of the beer among young consumers is one of the major factors which have increased the demand for beer. Hence, the major players are opting for methods which will help them to increase the capacity and reduces the time of production. The companies are now shifting their focus on the use of the alternative raw material. Raw material such as barley along with enzymes reduces the energy consumption that is used in the manufacturing of the beer and it does not alter the quality of the beer. However, increasing consumption of the beer is expected to fuel the growth of the market. For instance, countries such as China had produced around 450 million hectoliters of beer in the year 2016. This production rate is expected to increase at a very high growth rate in the upcoming years. The increase in demand has also developed several varieties of beer such as gluten-free beer which modifies the taste of beer but the quality of the beer remains intact. However, lack of uniformity in regulations will be acting as a restraining factor for the market. On the other hand, continuous R&D, resulting in product and process innovations is expected to provide many opportunities for the key players working in the global brewing enzymes market.

The global brewing enzymes market can be fragmented based on type, application, source, form, process, and region. Based on the type, the market is segmented into amylase, beta-glucanase, protease, xylanase, and others. The application is segmented into beer and wine. The source is further segmented into microbial and plant. The form is segmented into liquid and powder. The process is segmented into malting, mashing & fermentation, wort separation and filtration, and maturation.

In terms of source, microbial segment contributed a major share in the global brewing enzymes market in 2017. Furthermore, it is expected to maintain this inclination over the predicted period. As these sources are easy to handle and have a higher growth rate, they are expected to drive the demand for brewing enzymes during the years to come.

Based on region, the market is segmented into Europe, North America, Asia Pacific, Latin America, and the Middle East and Africa. The Asia Pacific had the most significant share of the brewing enzymes market in terms of volume during 2017. This growth can be attributed to technological development and also increase in the demand for beverages especially in developing regions such as China, India, etc. Europe brewing enzymes market is also likely to witness a noteworthy growth in the forthcoming years.

Some of the major players operating in the global brewing enzymes market are Aumgene Biosciences, Dowdupont, Amano Enzymes, Chr. Hansen, Associated British Foods, Kerry Group, Brenntag, Novozymes, Enzyme Development Corporation, DSM, Biocatalysts, and others.