Press Release / Business / Brewing Enzymes Market Size, Competitors Strategy, Regional Analysis and Growth Forecast to 2023

Brewing Enzymes Market Size, Competitors Strategy, Regional Analysis and Growth Forecast to 2023

Market Highlights
The usage of enzymes in the brewing industry has been an essential component in its processing, and a thorough knowledge and research of those enzymes is mandatory for the sake of better production and higher quality although enzymes are endogenous in the kernel itself or have been added from external sources. The demand is driven due to reasons like increasing use of industrial enzymes used in breweries to accelerate processing and to produce consistent and high-quality products. Microbial enzymes in the brewing industry, are used to digest cell wall during extraction of plant material to provide better yield, color, aroma and clearer products. The Brewing Enzymes Market has expanded in recent years with the advancement of research technology and extension of application range. Apart from the drivers, brewing process requires a deep knowledge of enzymology as each enzyme has its individual temperature point, where it can be in active form. Therefore, lack of such technical knowledge and skillsets may hamper the market growth in the forecast period. There are certain steps included in the process of brewing and these steps are very sensitive and any kind of  change in doses of enzymes can lead to a high number of unwanted and undesirable effects, also enzymes utilized in the brewing process produces a lot of waste. The aggressive competition between brands selling beer is also driving the industry to innovate with new beer styles such as new flavors, different alcohol percentages, etc., thus leading to the demand for enzyme-based technologies. The global trend on gluten-free food has forced the industry to launch low-gluten/ gluten-free beers. These products are achieved by excluding wheat and barley from the process or by using traditional grains in the process and hydrolyzing the gluten using specific enzymes.
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Regional Analysis
The dynamics of brewing enzyme varies extremely from region to region. North American market accounted for the largest share in brewing enzymes market in 2017 and it is projected to lead the market in near future as well. U.S. leads the North American brewing enzymes market, followed by Canada and fastest-growing Mexican market. In North America there is a growing demand for gluten-free beer, stimulating the demand for some specific proteases (such as the prolin-specific Brewers Clarex formulation from DSM). The European market, being one of the largest markets for beers, is driving the growth of brewing enzymes market. Countries such as the U.K, Italy, Spain, Russia, Denmark, Hungary, Austria, Belgium, and Germany are major beer manufacturers in Europe. Asia Pacific region is projected to grow at the highest CAGR during forecast period. Developing economies such as China, India, Malaysia and Vietnam are expected to drive the growth for brewing enzymes market in this region. China being one of the largest beer-producing country accounts for at least 25% of the world beer production and for its production, enzymes are largely used. South America is a significant beer-producing area, and key markets such as Brazil, Argentina, Peru, Paraguay, and Uruguay are driving the market in this region.  
Segmentation
The global brewing enzymes market has been segmented into type, source, form, and application.
The market by type has been segmented into amylase, beta-glucanase, protease, xylanase, and others.
The market, by source, has been segmented into microbial and plant.
The market, by form, has been segmented into liquid and powder.
The market has been segmented into application as wine and beer.
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Key Players
Some of the key players in the global brewing enzymes market are Novozymes (Denmark), DSM (Netherlands), Customized Brewing Solutions (CBS) (Belgium), Dowdupont (U.S.), Amano Enzymes (Japan), Kerry Group (Ireland), Chr. Hansen (Denmark), Associated British Foods (U.K), Brenntag (Germany), Enzyme Development Corporation (U.S.)