Brewing Enzymes Market: Current Analysis and Forecast (2022-2028)

Brewing enzymes are crucial to the production of beer during the many phases of processing, including fermentation, germination, mashing, and clarifying. They are crucial for the final product's flavor, fragrance, and general acceptance. Commercial brewing enzymes have also offered an abundance of potential for the creation of both new and current products. These days, consumer interest in and knowledge of craft breweries is promoting the growth of the brewing enzymes industry. The industry will continue to grow because to the increased demand for alcoholic drinks brought on by the growing youthful population. For instance, Amani Enzyme recently launched Umamizyme Pulse which was designed to produce a pleasant, savory umami flavor, it is a non-gmo enzyme. Furthermore, company name DSM launched Maxadjunct B L high-performance adjunct brewing enzyme. These enzyme allows to increase the adjunct level in their beers. The Brewing Enzymes Market is expected to grow at a steady rate of around 7% owing to the increase number of disposable income of people which are driving the market. However, lack of technology and government regulations are hampering the market growth. Reduction of malt prices also contributes negatively.

Based on type, the market is segmented into amylase, beta-glucanase, protease and xylanase. Out of which amylase has the largest share in the market because of their wide range of benefits and use ability which helps in driving the market. It can be used for various brewery processors like mashing, cereal cooking and fermentation.

On the basis of sources, the market is segmented into microbial and plant. Among these the microbial segment is dominating the market. It is because microbes can be produce enzymes without requiring the sophisticated atmosphere which required in case of plant segment. Furthermore, it gives add on advantage to the producers such as control over the taste, texture, viscosity, thickness and aroma etc.

Based on application, the market is divided into beer and wine. The beer segment holds a significant share in the market. It is because of the rising disposable income of the people and availability of variety of flavors in the market are key driving factors.

For a better understanding of the market adoption of the brewing enzymes market industry, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, Rest of North America), Europe (Germany, U.K., France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. The market in Asia Pacific regions holds the largest share due to increased demand of beer and wine. It's because of growing number of young population and influence of western culture are creating the demand in the industry. Increasing disposable income of people, corporate work/ busy work culture are other few factors in driving the market. The region's cheap labor, favorable business climate and huge consumption market, attracted major players in Asia Pacific region.

Some of the major players operating in the market include: Millercoors LLC, Ab Enzymes Inc, Kerry Inc, Megazyme Inc, DSM Food Specialities B.V, Customized Brewing Solutions, DuPont De Nemours and Co., Soufflet Biotechnologies, Novozymes A/S, and Merck & Co. Inc.