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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Rising Beer Consumption to Bolster the Market Growth of Brewing Enzymes
The global market for brewing enzymes is being driven by its growing demand in the brewing industry and rise in the consumption of beer with rising global population. These enzymes speed up the chemical reaction involved in the brewing process, further allowing to achieve improved product quality without a change in its structure. Thus, commercial enzymes are used by manufacturers in order to make the brewing process faster, easier, and more consistent. Also, manufacturers are increasingly focusing on commercial enzymes to enhance the productivity, and for the use of raw material alternatives to malt in the brewing process. These enzymes can help enhance the beer quality with unmalted barley.
Among its various applications, the demand for brewing enzymes in beer production is anticipated to increase significantly in the forecast period owing to the increased popularity of beer, especially among young consumers. Further, rapid technological innovations and the increased demand for craft beer, coupled with a number of new microbreweries facilities, are expected to aid the industry in the future.
In the European region, the growing production of wine, flavoured beers, and gluten-free beers, coupled with the rising demand for premium and luxury products, is driving the demand for brewing enzymes. While in developing regions such as the Asia Pacific, the factors like rising disposable incomes, acceptance of new technology, a shift in cultural patterns, and rising demand for quality beer and wine products, are expected to have a positive impact on the growth of the brewing enzymes industry in the region, thus, aiding the overall market growth.
Brewing Enzymes Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market is projected to grow at a CAGR of 6% between 2024 and 2032.
The major drivers of the market include rising global population, rapid technological innovations, increased demand for craft beer, development of new microbreweries facilities, growing demand for premium and luxury products, a shift in cultural patterns, and increasing demand for quality beer and wine products.
The increasing consumption of beers globally and growing popularity of breweries are the key trends propelling the market's growth.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The various sources of brewing enzymes are plants and microbial, among others.
Amylase, beta-glucanase, protease, peptidase, and xylanase, among others are the dominant types of brewing enzyme in the market.
The different forms of brewing enzymes include dry and liquid.
The major applications include wine and beer, among others.
The key players in the global brewing enzymes market are DuPont de Nemours, Inc., Novozymes A/S, Koninklijke DSM N.V., Kerry Inc., and Amano Enzyme Inc, among others.
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