New York, NY, Oct. 09, 2018 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Brewing Enzymes Market by Type (Amylase, Beta-Glucanase, Protease, Xylanase, And Others), by Source (Microbial and Plant), by Form (Liquid and Powder), by Process (Malting, Mashing & Fermentation, Wort Separation & Filtration, And Maturation), by Application (Beer And Wine): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017-2024’’. According to the report, global brewing enzymes market was valued at around USD 330.0 million in 2017 and is expected to reach approximately USD 510.0 million in 2024, growing at a CAGR of slightly above 6.5% between 2018 and 2024.
Beer and wine are the alcoholic beverages which are produced by the yeast fermentation of the sugars. This industry uses enzymes to brew beers which are of great quality and has controlled flavor. The brewing enzymes increase the starch liquefaction which improves the production of fermentable sugars. Eventually, the enzymes encourage rapid production and accentuate the chill-proofing.
Browse through 133 Tables & 35 Figures spread over 110 Pages and in-depth TOC on “Global Brewing Enzymes Market Share 2017: Industry Type, Size, Segments, Key Players and Forecast to 2024”.
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The brewing enzymes are widely used for the manufacturing of beer and wine. The enzymes that are used in the beer making have diverse properties and action. These enzymes are divided into four main processes such as germination, mashing, fermentation, and clarification. Brewing enzymes attribute to the color, texture, flavor, and stability of the beer. The market for the brewing enzymes is growing at a high growth rate and various key players are making various developments for the growth of the market. For instance, the Commonwealth Scientific and Industrial Research Organization which is an independent agency of the Australian Government has developed gluten-free beer in order to fulfill the increasing demand for beer in the region. It has also been estimated that the key players prefer brewing enzymes for production of the beer as it improves the filtration and optimizes the use of different materials to produce the beer. A major restraining factor for the global brewing enzymes market is lack of uniformity in stringent rules and regulations for the manufacturing of the brewing enzymes. However, continuous R&D, resulting in product and process innovations is likely to provide various opportunities for the key players operating in the global brewing enzymes market.
The microbial source was the most dominant segment of the global brewing enzymes market in 2017 and furthermore, it is anticipated to maintain this trend over the forecast period. Increase in demand for beer among young population around the globe is predicted to drive the need for brewing enzymes over the years to come. The type of enzymes which are largely used in beer and wine production are amylase, protease, xylanase, and others. These enzymes help to adjust the activity in the brewing process. Other factors such as temperature and pressure are also considered during manufacturing of the beer. Functions like increase of free amino nitrogen help to improve filtration process and also reduces the presence of polysaccharides which is vicious in nature.
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The Asia Pacific brewing enzymes market is projected to witness a major growth over the coming years. The region leads in the manufacture and consumption of the brewing enzymes due to the presence of large population in the countries like India & China. This region has high technical advancements which help in the development and production of the beer. Moreover, in this region other sources of raw material such as corn, rice, and others are largely available. These raw materials require more enzymes, which increases the production capacity of the market in the region.
Europe is likely to witness a substantial growth for brewing enzymes due to high manufacturing capacity of beer in this region. The key players in the market are practicing product awareness in order to boost the market growth in the region.
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North America is likely to witness sluggish growth in the brewing enzymes market during the forecast period. Microbial source is expected to be the most dominant source for the brewing enzymes in North America which increases the growth of the brewing enzymes market in the region.
Latin America and the Middle East & Africa are likely to witness moderate growth in the upcoming years. These are the developing regions and hence various technological developments are taking place for the advancements in the food & beverages industry in this region. The beer segment is expected to be dominating segment in the region as it is expected to have high consumption rate.
Browse the full "Brewing Enzymes Market by Type (Amylase, Beta-Glucanase, Protease, Xylanase, And Others), by Source (Microbial and Plant), by Form (Liquid and Powder), by Process (Malting, Mashing & Fermentation, Wort Separation & Filtration, And Maturation), by Application (Beer And Wine): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017-2024" report at https://www.zionmarketresearch.com/report/brewing-enzymes-market
Some of the major players operating in the global brewing enzymes market are Aumgene Biosciences, Dowdupont, Amano Enzymes, Chr. Hansen, Associated British Foods, Kerry Group, Brenntag, Novozymes, Enzyme Development Corporation, DSM, Biocatalysts, and others.
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The report segments the global brewing enzymes market as follows:
Brewing Enzymes Market: Type Segment Analysis
- Amylase
- Beta-Glucanase
- Protease
- Xylanase
- Others
Brewing Enzymes Market: Application Segment Analysis
- Beer
- Wine
Brewing Enzymes Market: Source Segment Analysis
- Microbial
- Plant
Brewing Enzymes Market: Form Segment Analysis
- Liquid
- Powder
Brewing Enzymes Market: Process Segment Analysis
- Malting
- Mashing & Fermentation
- Wort Separation and Filtration
- Maturation
Brewing Enzymes Market: Regional Segment Analysis
- North America
- The U.S.
- Europe
- UK
- France
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- The Middle East and Africa
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