Market Insights
The global brewing enzymes market is expected to witness a CAGR of 4.6% during the forecast period, owing to the multi-functional attributes of brewing enzymes. Brewing enzymes are used to secure stable and uniform mashing with no irregularities, improve filtration, and optimize the use of variable raw materials. Brewing enzymes increase starch liquefaction and saccharification, which sequentially increases the production of fermentable sugars. They can also raise the production of fermentable glucose during the production of beer. Ultimately, brewing enzymes encourage rapid maturation and emphasize chill proofing and cold haze.
Market Dynamics
Manufacturers and formulators have been facing increasing pressure to improve brewing efficiency for meeting high-quality and low-cost beer demand and this has been propelling the brewing enzymes market.
Several factors, such as investment in R&D of brewing enzymes, rising demand for consumer products, and wider scope of enzyme applications, drive the global brewing enzymes market. The application of brewing enzymes to produce different beer types and styles, such as gluten-free beer and flavored beer, is growing rapidly around the world and represents a great opportunity for brewers to expand the market and create a genuine competitive advantage. However, this market faces certain drawbacks, such as technical aspects during production (temperature, pH control, etc.) and regulations in the brewing industry.
Market Segmentation
The global market for brewing enzymes is segmented based on type and geography. The amylases have exhibited beneficial properties such as increasing maltose & glucose content, reducing viscosity, and enhancing starch digestion. The β-glucanases, on the other hand, help in enhanced filtration, reduced viscosity, and improved wort separation.
Regional Analysis
European countries are leading the global brewing enzymes market. Market demand for different beer types and styles has made Europe a region of immense potential and opportunities. The North American brewery enzyme market is primarily driven by the huge production of beer in the United States. The Asia-Pacific brewery enzyme market is mainly dominated by China. The slow growth of the brewery enzymes market due to maturity in the developed markets of Western Europe and North America will be compensated by robust growth in Asia-Pacific and other developing markets.
Key Developments
- November 2017 - Argo Group International Holdings, Ltd. has introduced cold-brewing to tea as a next step in health & wellness and premiumization trends.
- November 2017 - The Commonwealth Scientific and Industrial Research Organization, an independent agency of the Australian Federal Government, has developed gluten-free beer.
- February 2018 - Shake Shack, an American fast casual restaurant, partnered with Toast to introduce pale ale made with bread waste.
Competitive Landscape
At present, the market has a high relevance, since trends show that brewing companies prefer brewing enzymes to produce beer. The usage of brewing enzymes especially inclined towards those who want to improve filtration and optimize the use of variable materials in beer production is increasing.
The major companies in the global brewing enzymes market include - Amano Enzyme, AB Enzymes, Customised Brewing Solutions (CBS), Dyadic International, DuPont, Kerry Group, Lyven, Megazyme, Novozymes, Royal DSM, Speciality Enzymes, and Soufflet Biotechnologies.
Reasons to Purchase the Report
- Analyzing outlook of the market with the recent trends and Porter’s five forces analysis
- Market dynamics, which essentially consider the factors that are impelling the present market scenario, along with growth opportunities of the market in the years to come
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
- Regional and country-level analysis integrating the demand and supply forces that are influencing the growth of the market
- Competitive landscape involving the market shares of major players, along with the key strategies adopted for development in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
- 3 month analyst support, along with the Market Estimate sheet (in Excel)
Customization of the Report
- This report can be customized to meet your requirements. Please connect with our analyst, who will ensure you get a report that suits your needs.
1. Introduction
1.1 Key Deliverables of the Study
1.2 Research Methodology
1.3 Definition of the Market
1.4 Report Description
1.5 Study Assumption
2. Research Approach & Methodology
2.1 Introduction
2.2 Research Designs
2.3 Study Timeline
2.4 Study Phases
2.4.1 Secondary Research
2.4.2 Discussion Guide
2.4.3 Market Engineering and Econometric Modelling
2.4.4 Expert Validation
3. Market Overview
3.1 Market Trends
4. Market Dynamics
4.1 Drivers
4.1.1 Increase in Demand for Consumer Products
4.1.2 Brewing with High Amounts of Inexpensive Raw Materials
4.1.3 Wider Scope for Enzyme Applications
4.2 Constraints
4.2.1 Regulations in Brewing Industry
4.2.2 Technical Factors: Restricted Temperature, pH Operational Range, Enzyme and Substrate Concentration
4.3 Opportunities
4.3.1 Market Demand for Different Beer Types and Styles
4.3.2 Investment in R&D of Brewing Enzymes
4.4 Porter's Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition
5. Market Segmentation
5.1 Type of Enzyme
5.1.1 Alpha Amylase
5.1.2 Beta Amylase
5.1.3 Beta Glucanase
5.1.4 Protease
5.1.5 Others
5.2 By Geography
5.2.1 North America
5.2.1.1 US
5.2.1.2 Canada
5.2.1.3 Mexico
5.2.1.4 Rest of North America
5.2.2 Europe
5.2.2.1 Spain
5.2.2.2 UK
5.2.2.3 France
5.2.2.4 Germany
5.2.2.5 Russia
5.2.2.6 Italy
5.2.2.7 Rest of Europe
5.2.3 Asia-Pacific
5.2.3.1 China
5.2.3.2 Japan
5.2.3.3 India
5.2.3.4 Australia
5.2.3.5 Rest of Asia-Pacific
5.2.4 South America
5.2.4.1 Brazil
5.2.4.2 Argentina
5.2.4.3 Rest of South America
5.2.5 Africa
5.2.5.1 South Africa
5.2.5.2 Rest of South Africa
6. Competitive Landscape
6.1 Most Preferred Strategic
6.2 Most Active Companies
6.3 Market Share Analysis
7. Company Profiles
7.1 Amano Enzyme
7.2 AB Enzymes
7.3 Customised Brewing Solutions (CBS)
7.4 Dyadic International
7.5 Dupont
7.6 Kerry Group
7.7 Lyven
7.8 Megazyme
7.9 Novozymes
7.10 Royal DSM
7.11 Speciality Enzymes
7.12 Soufflet Biotechnologies
8. Appendix
8.1 Abbreviations
8.2 Sources
8.3 Bibliography
