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
By Product Type
- Glucanase
- Protease
- Xylanase
- Amylase
- Others
By Form
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
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Brewing Enzymes Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Brewing Enzymes Market, by Source, 2019-2029 (USD Billion)
- 1.2.3. Brewing Enzymes Market, by Product Type, 2019-2029 (USD Billion)
- 1.2.4. Brewing Enzymes Market, by Form, 2019-2029 (USD Billion)
- 1.2.5. Brewing Enzymes Market, by Distribution Channel, 2019-2029 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Brewing Enzymes Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Brewing Enzymes Market Dynamics
- 3.1. Brewing Enzymes Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
- 3.1.1.1. Increasing production of beer worldwide
- 3.1.1.2. Growing cereal prices
- 3.1.2. Market Challenges
- 3.1.2.1. High cost of exogenous enzymes
- 3.1.2.2. Prevalent traditional brewing practices
- 3.1.2.3. Increased production of barley-based beer
- 3.1.3. Market Opportunities
- 3.1.3.1. Growing technological advancements in brewing process
- 3.1.3.2. Rising number of micro-breweries in developing economies
Chapter 4. Global Brewing Enzymes Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. Industry Experts Prospective
- 4.7. Analyst Recommendation & Conclusion
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1. Assessment of the overall impact of COVID-19 on the industry
- 5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Brewing Enzymes Market, by Source
- 6.1. Market Snapshot
- 6.2. Global Brewing Enzymes Market by Source, Performance - Potential Analysis
- 6.3. Global Brewing Enzymes Market Estimates & Forecasts by Source 2019-2029 (USD Billion)
- 6.4. Brewing Enzymes Market, Sub Segment Analysis
- 6.4.1. Plant
- 6.4.2. Microbial
Chapter 7. Global Brewing Enzymes Market, by Product Type
- 7.1. Market Snapshot
- 7.2. Global Brewing Enzymes Market by Product Type, Performance - Potential Analysis
- 7.3. Global Brewing Enzymes Market Estimates & Forecasts by Product Type 2019-2029 (USD Billion)
- 7.4. Brewing Enzymes Market, Sub Segment Analysis
- 7.4.1. Glucanase
- 7.4.2. Protease
- 7.4.3. Xylanase
- 7.4.4. Amylase
- 7.4.5. Others
Chapter 8. Global Brewing Enzymes Market, by Form
- 8.1. Market Snapshot
- 8.2. Global Brewing Enzymes Market by Form, Performance - Potential Analysis
- 8.3. Global Brewing Enzymes Market Estimates & Forecasts by Form 2019-2029 (USD Billion)
- 8.4. Brewing Enzymes Market, Sub Segment Analysis
- 8.4.1. Powder
- 8.4.2. Liquid
Chapter 9. Global Brewing Enzymes Market, by Distribution Channel
- 9.1. Market Snapshot
- 9.2. Global Brewing Enzymes Market by Distribution Channel, Performance - Potential Analysis
- 9.3. Global Brewing Enzymes Market Estimates & Forecasts by Distribution Channel 2019-2029 (USD Billion)
- 9.4. Brewing Enzymes Market, Sub Segment Analysis
- 9.4.1. Offline Channel
- 9.4.2. Online Channel
Chapter 10. Global Brewing Enzymes Market, Regional Analysis
- 10.1. Brewing Enzymes Market, Regional Market Snapshot
- 10.2. North America Brewing Enzymes Market
- 10.2.1. U.S. Brewing Enzymes Market
- 10.2.1.1. Source breakdown estimates & forecasts, 2019-2029
- 10.2.1.2. Product Type breakdown estimates & forecasts, 2019-2029
- 10.2.1.3. Form breakdown estimates & forecasts, 2019-2029
- 10.2.1.4. Distribution Channel breakdown estimates & forecasts, 2019-2029
- 10.2.2. Canada Brewing Enzymes Market
- 10.3. Europe Brewing Enzymes Market Snapshot
- 10.3.1. U.K. Brewing Enzymes Market
- 10.3.2. Germany Brewing Enzymes Market
- 10.3.3. France Brewing Enzymes Market
- 10.3.4. Spain Brewing Enzymes Market
- 10.3.5. Italy Brewing Enzymes Market
- 10.3.6. Rest of Europe Brewing Enzymes Market
- 10.4. Asia-Pacific Brewing Enzymes Market Snapshot
- 10.4.1. China Brewing Enzymes Market
- 10.4.2. India Brewing Enzymes Market
- 10.4.3. Japan Brewing Enzymes Market
- 10.4.4. Australia Brewing Enzymes Market
- 10.4.5. South Korea Brewing Enzymes Market
- 10.4.6. Rest of Asia Pacific Brewing Enzymes Market
- 10.5. Latin America Brewing Enzymes Market Snapshot
- 10.5.1. Brazil Brewing Enzymes Market
- 10.5.2. Mexico Brewing Enzymes Market
- 10.5.3. Rest of Latin America Brewing Enzymes Market
- 10.6. Rest of The World Brewing Enzymes Market
Chapter 11. Competitive Intelligence
- 11.1. Top Market Strategies
- 11.2. Company Profiles
- 11.2.1. Advanced Enzymes Tech
- 11.2.1.1. Key Information
- 11.2.1.2. Overview
- 11.2.1.3. Financial (Subject to Data Availability)
- 11.2.1.4. Product Summary
- 11.2.1.5. Recent Developments
- 11.2.2. Koninklijke DSM N.V.
- 11.2.3. ABF Ingredients
- 11.2.4. Amano Enzyme
- 11.2.5. Chr Hansen
- 11.2.6. Wittington Investments
- 11.2.7. Kerry Group
- 11.2.8. DuPont
- 11.2.9. Novozymes
- 11.2.10. Megazyme
Chapter 12. Research Process
- 12.1. Research Process
- 12.1.1. Data Mining
- 12.1.2. Analysis
- 12.1.3. Market Estimation
- 12.1.4. Validation
- 12.1.5. Publishing
- 12.2. Research Attributes
- 12.3. Research Assumption