Brewing Enzyme Market

Brewing Enzyme Market Size (2024 to 2029) 

Brewing Enzyme market share value is expected to grow at a CAGR of 7.3% during the forecast period 2024-2029 to reach USD 722.02 million by 2029 from 507.64 million in 2024. 

Enzymes are complex organic substances widely recognized for their ability to accelerate reactions. Within the brewing process, enzymes play a vital role in enhancing fermentation and overall brewing efficiency, leading to improved taste and faster fermentation. Among these enzymes, alpha and beta-amylase are particularly significant. Alpha-amylase, a prominent enzyme utilized in brewing, aids in the creation of a lengthy and intricate solution of soluble, non-fermentable sugars. Subsequently, beta-amylase breaks down this solution into smaller compounds. The significance of brewing enzymes is underscored by the growing global consumption of liquor, driving the expansion of the global brewing enzyme market shares.

The rising number of liquor, bar, pubs, and restaurants presents untapped opportunities in the market. For instance, in 2022, the bar and nightclub sector in the United States experienced substantial growth, with its market size reaching 26.67 billion U.S. dollars, compared to 22.91 billion U.S. dollars in the previous year. Looking ahead, the brewing industry is expected to focus on the broader application of enzymes to brew beverages using abundant and cost-effective raw materials like barley. This trend aligns with the increasing popularity of bars and nightclubs, which are now offering a diverse range of beverages and multiple options to their customers. As liquor stores, pubs, bars, and restaurants continue to multiply and gain popularity, the alcoholic beverages market is projected to witness significant growth.

Brewing Enzyme Market Drivers:

The major factor which is expected to drive the global brewing enzyme market is the rising demand for these enzymes from the beer manufacturing industry. Beer is a broadly consumed beverage worldwide, and key beer-producing countries like China, the United States, and Brazil are experiencing steady growth in production. In recent years, there has been a noticeable shift in consumer preferences toward craft beer, which is produced by small, independent breweries using traditional methods to create unique and high-quality flavors. The emergence of numerous craft breweries has further fueled the demand for brewing enzymes. These enzymes offer several advantages to beer manufacturers, such as increased production yield, the ability to experiment with different flavors and aromas, and the maintenance of consistent product quality. By optimizing the beer production process, enzymes prove to be cost-effective and reduce production time, making them highly valuable to the industry. As the adoption of brewing enzymes continues to grow in the beer manufacturing sector, the global brewing enzyme market growth is expected to thrive, allowing for increased beer production without compromising quality while remaining cost-effective. 

Brewing Enzyme Market Restraints:

The factor likely to hamper the Global Brewing Enzyme market value is the association of beer manufacturing using traditional practices. Despite the emergence of commercial breweries producing various interpretations of traditional beers, traditional brewing methods continue to hold significant importance worldwide. These methods reBeforerucial part of rural economies, where locally brewed traditional beer serves the local markets. Additionally, traditional beer plays a central role in various ceremonial and cultural events and gatherings. For instance, in Africa, the brewing of beer is shaped by two main influences: long-standing tribal traditions passed down through generations and the impact of European settlement. European settlers, particularly the Dutch and British, introduced different brewing techniques and expertise to the continent during the 15th and 16th centuries. Despite these influences, traditional tribal brewing methods still maintain a strong presence in African brewing culture. As a result, the development of the brewing enzymes market is somewhat limited, given the industry's slow adoption of brewing technologies in traditional brewing practices.

Impact of COVID-19 on the Global Brewing Enzyme Market:

The global COVID-19 pandemic had a significant impact on businesses worldwide, disrupting their operations across various industries. To control the rapid spread of the disease, numerous countries implemented lockdown measures, resulting in the temporary closure of manufacturing facilities and a halt in production. 

However, the global availability of liquors was affected due to scarcity of raw materials and supply chain disruptions caused by import and export restrictions imposed by various countries. These factors have significantly hindered the global brewing enzyme market growth during the pandemic period. Also, the bar and nightclub sector experienced a sudden downturn in 2020 due to the COVID-19 pandemic, leading to a significant decrease in sales compared to pre-pandemic levels in 2019. However, there was a gradual recovery in 2021, although sales did not fully reach the levels seen before the pandemic. In 2021, the total sales in the sector amounted to 247.3 billion U.S. dollars, and approximately 67 thousand businesses were operating in bars and nightclubs in the U.S. It's important to note that the pandemic-induced trend of increased alcohol consumption at home persisted even as bars and restaurants fully reopened and resumed business. Thus, the brewing industry's mixed impact during the pandemic also resulted in a mixed impact on the brewing enzyme market size.

REPORT COVERAGE: 

This research report on the Global Brewing Enzyme Market has been segmented and sub-segmented based on type, source, application, and region. 

Global Brewing Enzyme Market - By Type:

• Amylase
• Beta-Glucanase
• Protease
• Xylanase
• Others

Based on type, during the forecast period, the amylase segment is projected to be the dominant force in the global brewing enzymes market, primarily due to its extensive utilization in the brewing industry, offering cost-effectiveness and time-saving benefits. Additionally, amylase finds applications in mashing, fermentation, and cereal cooking within the food and beverage sector. The demand for this enzyme is boosted by its ability to ensure stable and uniform mashing, as well as improved filtering processes.

After amylase, beta-glucanase plays a crucial role in the brewing industry by degrading glucans in grains before the brewing process begins, leading to improved product yield and filtration efficiency and enhancing the visual appearance of the beer. Its widespread usage in the brewing industry significantly boosts the yield of fermented products, offering the potential to enhance beer quality and reduce saturation time and manufacturing costs associated with raw materials. This segment is expected to record moderate to high CAGR during the forecast period.

Global Brewing Enzyme - By Application:

• Beer
• Wine

Based on applications, the beer segment is expected to witness the highest market share due to increasing sales momentum. The shifting preference of consumers towards modern and craft beers, as opposed to traditional alcoholic beverages, will be a significant driver for sales growth in this segment. On the other hand, the wine segment has been widely expanded in recent years due to the rise in the prevalence of wine consumption and manufacturing globally, with the USA, China, and France being the most prominent wine markets.

Global Brewing Enzyme - By Source:

• Microbial
• Plant

Based on source, the microbial source is expected to dominate the global market due to its ease of handling, large-scale production in tanks without light, and rapid growth. Microorganisms offer cost-effective enzyme production compared to plant sources, making them the preferred choice. In contrast, plant sources require sunlight and complex prerequisites for optimal yields, involving expensive nutrition and minerals. Therefore, the microbial segment is expected to remain dominant in the market share during the forecast period.

Brewing Enzyme Market - By Region:

• APAC
• MEA
• Latin America
• North America
• MEA

Based on region, the global brewing enzymes market in the Asia-Pacific region is led by robust demand for beer and alcoholic beverages. Increasing disposable income and a growing population contribute to the region's market growth. For instance, in 2022, China emerged as the top beer producer, brewing approximately 360.41 million hectoliters of beer during the year.

North America held the second dominant position in the global brewing enzyme market. This is attributed to the demand for beer production. The United States held the second position as a leading beer producer, brewing approximately 194.1 million hectoliters of beer.

Europe is projected to be the fastest-growing region in the brewing enzymes market, primarily due to the high demand for enzymes driven by the substantial production of beer, wine, and gluten-free beer in this region. Additionally, the increasing popularity of various beer types will contribute to further market growth. Germany stands as the leading beer producer in Europe, producing approximately 88 million hectolitres in 2022. 

The rest of the world is also expected to experience considerable growth, with a noteworthy CAGR in the forecasted period.

KEY MARKET PLAYERS:

Key Market Players Of Brewing Enzyme Market Are DSM (U.S), DuPont (U.S), A.B. Enzymes (Germany), Amano Enzyme Inc. (Japan), LEVEKING (U.S), Novozymes A/S (Denmark), BASF SE (Germany), Advanced Enzyme Technologies (India), AumEnzymes (India), Lesaffre (France), SternEnzym GmbH & Co. KG (Germany), Nagase America LLC (U.S), Megazyme Ltd. (U.S.), Kerry Group plc (Ireland), Associated British Foods plc (U.K.), CBSBREW (India)

RECENT HAPPPENINGS IN THE MARKET:

• In February 2023, Avalanche Andretti Formula E unveiled an official collaboration with NAGASE Group, a prominent global leader in innovative solutions across various sectors such as chemicals, plastics, electronics, automotive, and life sciences. With over 100 group companies and a team of over 7,000 members worldwide, NAGASE Group joins forces with Avalanche Andretti for the 2022/2023 ABB FIA Formula E World Championship.
• In November 2021, Amano Enzyme launched Umamizyme Pulse, a non-GMO enzyme for plant protein products, creating a savory umami taste like monosodium glutamate (MSG). The animal-free formulation enhances glutamic acid and cysteine levels, reducing bitterness in pea, soy, almond, and rice proteins.