Global Brewing Enzymes Market Is Expected To Progress At A CAGR of 7.2% over forecast period.

The global brewing enzymes market was worth around USD 240 million in 2021 and is predicted to grow to around USD 756 million by 2028 at a CAGR rate of 7.2% over the forecast period. Enzymes are significant biological elements used in the production of food and beverages. These are employed at various phases of the food preparation and brewing process. Brewing enzymes are utilized in the production of wine in a variety of ways, including fuss wine filtration, seamless wine filtration, and the preservation of the color & aroma of the wine. Apart from that, these enzymes lower viscosity, increase the shelf life of the beer and help yeast throughout the fermentation process.

Global brewing enzyme market growth is expected to be aided by rising per capita income. Market expansion is projected to be fueled by ongoing research to develop product and process advancements. Market expansion is being fueled by rising demand for cost reduction and resource optimization. The brewing and distilling sectors have seen tremendous growth in recent years as a result of the rising demand for alcoholic drinks. Furthermore, the growing popularity of craft brewers and specialty beers is propelling the industry forward. The brewing enzymes market for goods like proteases, glucanase, amylases, and cellulase in the alcoholic drinks industry is being boosted by distinctive and tasty brews. The market is growing because of the increasing demand for craft beers as a result of the growing number of craft brewers.

COVID-19 has had a significant influence on the global economy. Similarly, it had an influence on the brewing enzymes market's sales and income. The coronavirus has made its way from one region to another. Most governments have enacted stringent laws such as lockdowns, limited access to public areas, social distance, industry shutdowns, transit limitations, and more to stop the virus from spreading. Bars and microbreweries were shuttered as a result of the lockdown, which has resulted in a stop in beer production. Beer consumption at breweries has also faced an impact during the post-COVID-19 scenario, due to the suppression of mass gatherings.

The global brewing enzymes market in this research analysis is divided into type, source, form, applications, and region. The type is classified as amylase, beta-glucanase, protease, and xylanase. The source is categorized into microbial and plant. Forms are powder and liquid. The applications are divided into beer, wine, and decoctions.

Asia-Pacific dominates the global brewing enzymes market owing to the rising demand for beer and alcoholic drinks. Further, the number of breweries in India and China is increasing with suitable economic circumstances. Along with that, the brewing enzymes market in this nation is growing because of rising urbanization and an increase in disposable income. Europe is expected to see considerable expansion in the brewing enzymes market due to increased demand for brewing enzymes as a result of increased beer production. According to a Brewers Association survey, the number of craft brewers in Europe increased from 2,420 to 6,266 in the last couple of years. Such developments in the bowering sector are likely to support the market expansion in European countries.

The key players in the brewing enzymes market are Advanced Enzymes Tech, Koninklijke DSM N.V., ABF Ingredients, Amano Enzyme, Chr Hansen, Wittington Investments, Kerry Group, DuPont, Novozymes, Megazyme, Enzyme Development Corporation, Customized Brewing Solutions, and Group Soufflet.

Recent Developments:

• In May 2021, The Board of Directors of Advanced Enzyme Technologies Ltd. approved the acquisition of a 15 percent interest in JC Biotech Private Limited's equity share capital (70 percent subsidiary of the firm).

Browse the full “Brewing Enzymes Market By Type (Amylase, Beta-Glucanase, Protease, And Xylanase), By Source (Microbial, Plant), By Form (Powder, Liquid), By Applications (Beer, Wine, And Decoctions), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2022 – 2028.” Report at https://www.zionmarketresearch.com/report/brewing-enzymes-market

The global brewing enzymes market is segmented as follows

By Type

• Amylase
• Beta-Glucanase
• Protease
• Xylanase

By Source

• Microbial
• Plant

By Form

• Powder
• Liquid

By Applications

• Beer
• Wine
• Decoctions

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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