Brewing Enzymes Market - Forecast(2024 - 2030)

Brewing Enzymes Market size is forecast to reach $ 473.19 million by 2025, growing at a CAGR of 6.95% during the forecast period 2020-2025. Brewing Enzymes are used for extra quality attributes like color, texture, or flavour. Rising beer demand and a rise in health consciousness among consumers are the major factors driving the growth of the market. Improving beer quality and better flavour is set to further enhance the overall market demand for brewing enzymes during the forecast period 2020-2025.

The report: “Brewing Enzymes Market Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Brewing Enzymes Market. 

By Type: Amylase, Protease, Xylanase, Beta-Glucanase, and Others

By Form: Liquid and Powder

By Source: Microbial and Plants

By Application: Beer and Wine

By Process: Malting, Mashing and Fermentation, Wort Separation and Filtration, Maturation

By Geography: North America, Europe, Asia Pacific, and Rest of the World (RoW) 

The Amylase segment held the largest share in the Brewing Enzymes Market in 2019 and is estimated to grow at a CAGR of 5.789% during the forecast period 2020-2025. Amylase is an enzyme that catalyzes the hydrolysis of starch into sugars. Amylase is a major enzyme to brewers in the production of fermentable worts as it digests starch that is a large polymer of glucose into smaller units. Alpha-amylase and Beta amylase break the chains of glucose which forms starch at alpha 1,4 linkages. Alpha-amylase breaks the bonds at random points in the starch chain and beta-amylase acts on the bond between the last 2 and 3 glucose residues in the starch chain, releasing the disaccharide sugar maltose. Amylase is set to be the highest growing segment and is estimated to register the highest CAGR during the forecast period 2020-2025.

The Beer held the largest share in the Brewing Enzymes Market in 2019. Beer is a beverage fermented from grain mash which is made from barley or a blend of several grains and flavoured with hops. Brewing is the production of beer in which the starch source in water is steeped and fermenting the resulting sweet liquid with yeast. The enzymes used in brewing are needed for saccharification of the starch breakdown of barley b-1, 4- and b-1, 3- linked glucan and hydrolysis of protein to increase the fermentation rate, particularly in the production of high-gravity beer. Beer is set to be the highest growing segment and is estimated to register the highest CAGR during the forecast period 2020-2025.

North America dominated the Brewing Enzymes Market in 2019 with a share of more than 38.51%, followed by the Asia Pacific owing to the rising demand for alcoholic beverage particularly from bars and pubs. The high demand for brewing enzymes is owing to the huge production of beer is increasing the growth of the brewing enzymes market in this region.

However, Asia Pacific is estimated to grow at a higher CAGR during the forecast period 2020-2025 owing to the increasing beer manufacturing plants having favourable socio-economic conditions. Increasing urbanization and disposable income of people is increasing the growth of the brewing enzymes market in this region.

Rising demand for alcoholic beverages particularly from bars and pubs and increasing urbanization is increasing the growth of the brewing enzymes market owing to the increasing use of industrial enzymes used in breweries to accelerate processing and to produce consistent and high-quality products. Rapid urbanization by rising demand for alcoholic beverages is poised to positively influence the market development. Thus, increasing the growth of the brewing enzymes market during the forecast period 2020-2025.

Rising beer demand and a rise in health consciousness among consumers is increasing the growth of the brewing enzymes market. Brewing is used for the production of beer which includes various steps such as milling, malting, mashing, boiling, lautering, fermenting, boiling, conditioning, fermenting, filtration, and packaging. Rising awareness about gluten and celiac disease among consumers, the demand for non-gluten or gluten-free products has also increased. Thus, increasing the growth of the brewing enzymes market during the forecast period 2020-2025.

Some of the factors that can impede the growth of the Brewing Enzymes Market is regulation in the brewing industry by the regulatory bodies and growing awareness about the health problems caused owing to the high consumption of alcoholic beverages.

Product launches, mergers and acquisitions, joint ventures, and R&D activities are key strategies adopted by players in the Brewing Enzymes Market. In 2019, Brewing Enzymes Market share is consolidated by the top ten players present in the market. Brewing Enzymes, the top 10 companies are Amano, Dyadic International, Beijing Yanjing Brewery, Miller Coors, Anheuser Busch InBev, Danisco, Novozymes and DSM among others.