Market Trends of South American Brewing Enzymes Industry
This section covers the major market trends shaping the South American Brewing Enzymes Market according to our research experts:
Amylase Emerges as a Prominent Brewing Enzyme
The production of alcoholic beverages along with the development of advanced spirit processing techniques and their acceptance is anticipated to propel the demand for the market. Despite rising inclination of manufacturers toward plant-sourced enzyme, the microbe derived amylase that is bacterial and fungal based amylase holds the largest market share. The trend can be attributed to its abundant and cheap availability when compared to plant-based amylase and a more affluent application offered during formulation.
Brazil Held the Largest Market Share
Despite the struggling economic condition of the country, Brazil held maximum share in regional enzymes market, owing to the vast consumer base and relatively improved demand. Moreover, Brazil has a significant direct sales channel within the region, which provides the manufacturers with an opportunity to have direct access to consumer sentiments. Coupled with consumer sentiments, the products from the manufacturers are gaining popularity in the market.
