Global Glucoamylase Market: Overview
Glucoamylase helps in decomposing starch into glucose. This is done by shredding the glucose units. When the producer strain of Aspergillus niger undergoes submerged fermentation glucoamylase is generated. Generally, the glucoamylase is stored in a closed container where it remains dry and cool; it is stored in such a place so that it sustains the optimum activity of enzymes. In the applications such as starch saccharification, brewing, and in distilling industry glucoamylase is a widely used industrial enzyme. Glucoamylase can be derived from several sources such as animals, plants, and microorganisms. The main stream generation of glucoamylase is obtained by the process of liquid fermentation. Further, for the production of glucoamylase solid state fermentation method is also being tried.
Global Glucoamylase Market: Segmentation
The market for glucoamylase is globally fragmented into product, source, and application. On the basis of product, the market is bifurcated into solid state fermentation and liquid state fermentation. Based on the source, the global market is segregated into animals, plants, and microorganisms. Depending on the various applications of the glucoamylase, the market is divided into starch sugar, white spirit, alcohol, beer, and others.
|Historic Years||2016 - 2020|
|Forecast Years||2021 - 2028|
|Segments Covered||By Product Type, By Application, and By End Use|
|Forecast Units||Value (USD Billion), and Volume (Units)|
|Quantitative Units||Revenue in USD million/billion and CAGR from 2021 to 2028|
|Regions Covered||North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World|
|Countries Covered||U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others|
|Number of Companies Covered||10 companies with scope for including additional 15 companies upon request|
|Report Coverage||Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.|
|Customization Scope||Avail customized purchase options to meet your exact research needs.|
Global Glucoamylase Market: Growth Factors
The key factor that is driving the global glucoamylase market is the increasing demand of the glucoamylase owing to the health benefits that is provided. Glucoamylase helps in breaking down the starches into glucose so that they are absorbable and usable. The health benefits that are provided by the glucoamylase includes aid for issues related to the digestion and gastrointestinal, aid in bowel syndrome which is very irritating, helps in fast recovery of the digestive organs, and reduces the chances of food allergies. Researches and studies have made observations that when glucoamylase is used with the combination of other enzymes it results in low responses of autoimmunity and influences the immune system in a good way.
Global Glucoamylase Market: Regional Analysis
Geographical segmentation of the global glucoamylase market is diversified into North America, Latin America, Eastern Europe, Western Europe, Asia-Pacific, and the Middle East and Africa. The region that dominates the glucoamylase market is North America. This region accounts to hold the largest share in global market and is anticipated that it will retain its dominance in the coming years. The country that has the largest market for the glucoamylase is the US. The region that is expected to report for the next largest market share in the global glucoamylase market is Europe. Increasing concerns about health and the growing consciousness about physical appearances has increased the demand for cosmetics which in turn has increased the demand for specialty enzymes in the recent years. The introduction of new drugs which can be used in the replacement therapy for enzymes is also a factor that increases the demand for glucoamylase.
Global Glucoamylase Market: Competitive Players
The key market players that are involved in the glucoamylase market include Genencor, DSM, Verenium, VTR, YSSH, Challenge Group, Sunson, Novozymes, Amano Enzyme, AB Enzyme, Shandong Longda, SunHY, Jiangyin BSDZYME and Jinyuan.
Glucoamylase Market: Regional Segment Analysis
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