Alcohol And Starch/Sugar Enzyme Market - Forecast(2021 - 2026)
Alcohol and Starch or Sugar Enzyme Market size is estimated to reach $3,700 million by 2026, growing at a CAGR of 6.1% over 2021-2026. Alcohol and starch/sugar enzymes are found in various organisms that helps in the process of hydrolysis which is broken into sugar molecule. Alcoholic enzyme contains carbohydrase that break the starch into sugars. Others types of alcohol and starch enzyme such as lipase and protease helps to improve the activity and stability. Ethanol fermentation are also known as alcoholic fermentation that are highly-selective catalysts which function in metabolic reactions and create conversion of complex molecules to smaller ones. It is an important role in accelerating chemical processes as well as ensuring yield optimization. Increasing demand of alcohol, sugar, and starch from food & beverage industry and rising consumption of alcoholic beverages are the major factors driving the growth of the market. Moreover, rising advancement and development in technology and advancement of R&D activities further enhance the overall market demand for Alcohol and Starch or Sugar Enzyme during the forecast period 2021-2026.
Report Coverage
The report: “Alcohol and Starch or Sugar Enzyme Market Forecast (2021-2026)”, by IndustryARC, covers an in-depth analysis of the following segments of the Alcohol and Starch or Sugar Enzyme Market:
By Enzyme Type : Carbohydrases, Proteases, Lipases, and Others
By Application : Food and Beverages, Pharmaceuticals, Cleaning Agents, Bio-Fuel Production, and Others
By Geography: North America (U.S., Canada, Mexico), Europe (U.K, Germany, Italy, France, Spain, Russia, Rest of Europe), Asia Pacific (China, Australia, Japan, South Korea, India, Rest of Asia Pacific), South America (Brazil, Argentina, Others) and Rest of the World (Middle East, Africa)
Key Takeaways
Geographically, in 2020, North America dominated the Alcohol and Starch or Sugar Enzyme Market owing to extensive pharmaceuticals production and biotechnological research in the region.
Increasing the interest of various enzymes from food and beverage industry and rising consumption of alcoholic beverages is driving the market growth of alcohol and starch or sugar enzyme.
Detailed analysis of the Strength, Weakness, and opportunities of the prominent manufacturers are operating in the market will be provided in the Alcohol and Starch or Sugar Enzyme Market report.
Stringent government regulations in food and beverage industry is set to create hurdles for the growth of the market.
Alcohol and Starch or Sugar Enzyme Segment Analysis – By Enzyme Type
The Global Alcohol and Starch or Sugar Enzyme Market based on Enzyme Type can be further segmented into Carbohydrases, Proteases, Lipases, and Others. The Carbohydrases segment is the major segment generating revenue in 2020. This is mainly owing to rising application of carbohydrase in industrial processes and products which is mainly in the food and beverage industry. Moreover, increasing use of carbohydrase for preparing sugar syrups are contributing to the growth of this segment. The Proteases segment is estimated to register the fastest CAGR of 1.05% for the period 2021-2026. This is mainly owing due to foods and supplements and helps in digestion, decrease inflammation and also reduces arthritis pain and are increasing the growth of this segment.
Alcohol and Starch or Sugar Enzyme Segment Analysis – By Application
The Global Alcohol and Starch or Sugar Enzyme Market based on Application can be further segmented into Food and Beverages, Pharmaceuticals, Cleaning Agents, Bio-Fuel Production, and Others. The food and beverage segment registers for the highest Alcohol and Starch or Sugar Enzyme market share in 2020. This is mainly owing to the increasing use of ethanol fermentation of food products that increase the demand of various other enzymes such as protease and lipase that are contributing to the growth of this segment. The Pharmaceuticals segment is forecasted to register the fastest CAGR of 2% over 2021-2026. This is mainly owing to increasing awareness regarding health care and cosmetics increases the demand of pharmaceuticals that are increasing the growth of this market.
Alcohol and Starch or Sugar Enzyme Segment Analysis – By Geography
North America dominated the Alcohol and Starch or Sugar Enzyme Market with major share of 40% in 2020. This is mainly owing to rising production of pharmaceutical and biotechnological research in the region and growing use for starch/sugar enzymes owing to the introduction of new drugs used in enzyme replacement therapy that uses hydrolysis process and are rising the growth of this market. However, Asia Pacific is estimated to outpace all the regions by clocking the highest CAGR of 3.05% during the forecast period 2021-2026. This is owing to rapid industrialization and development in infrastructure and increasing co-operation from local governments.
Alcohol and Starch or Sugar Enzyme Market Drivers
Rising Demand of Alcohol, Sugar, and Starch from Food and Beverage Industry
Rising interest for various alcohol enzymes from food & beverage industry for ethanol fermentation of food products are some factor driving the market growth of this segment. Moreover, cleaning agents, animal feed, biofuels, bioethanol, and others are manufactured with the help of alcohol, sugar and starch enzyme which are increasing the market growth of alcohol and starch or sugar enzyme.
Rising Consumption of Alcoholic Beverages
Growing consumption of alcoholic beverages among consumers is a significant factor driving the growth of the market. According to World Health Organization, in 2019 the consumption of alcohol are consumed by per person is about 6.4 litres which increases the demand of alcohol and starch enzyme and are contributing to the growth of Alcohol and Starch or Sugar Enzyme Market.
Covid Impact:
COVID-19 Pandemic created a worldwide shutdown of breweries shops, supermarkets, taprooms that have negatively affected the supply of the breweries or alcohols which reduced the sales of liquor. However, the COVID-19 pandemic reduces the consumption of alcohol and the production owing to shut down and actions in social distancing.
Alcohol and Starch or Sugar Enzyme Market Challenges
The factors that are set to impede the growth of the Alcohol and Starch or Sugar Enzyme Market are the stringent government regulations in food and beverage industry and restricted temperature and pH operational range of many enzymes are further restraining its market growth during the forecast period 2021-2026.
Report Coverage
The report: “Alcohol and Starch or Sugar Enzyme Market Forecast (2021-2026)”, by IndustryARC, covers an in-depth analysis of the following segments of the Alcohol and Starch or Sugar Enzyme Market:
By Enzyme Type : Carbohydrases, Proteases, Lipases, and Others
By Application : Food and Beverages, Pharmaceuticals, Cleaning Agents, Bio-Fuel Production, and Others
By Geography: North America (U.S., Canada, Mexico), Europe (U.K, Germany, Italy, France, Spain, Russia, Rest of Europe), Asia Pacific (China, Australia, Japan, South Korea, India, Rest of Asia Pacific), South America (Brazil, Argentina, Others) and Rest of the World (Middle East, Africa)
Key Takeaways
Geographically, in 2020, North America dominated the Alcohol and Starch or Sugar Enzyme Market owing to extensive pharmaceuticals production and biotechnological research in the region.
Increasing the interest of various enzymes from food and beverage industry and rising consumption of alcoholic beverages is driving the market growth of alcohol and starch or sugar enzyme.
Detailed analysis of the Strength, Weakness, and opportunities of the prominent manufacturers are operating in the market will be provided in the Alcohol and Starch or Sugar Enzyme Market report.
Stringent government regulations in food and beverage industry is set to create hurdles for the growth of the market.
Alcohol and Starch or Sugar Enzyme Segment Analysis – By Enzyme Type
The Global Alcohol and Starch or Sugar Enzyme Market based on Enzyme Type can be further segmented into Carbohydrases, Proteases, Lipases, and Others. The Carbohydrases segment is the major segment generating revenue in 2020. This is mainly owing to rising application of carbohydrase in industrial processes and products which is mainly in the food and beverage industry. Moreover, increasing use of carbohydrase for preparing sugar syrups are contributing to the growth of this segment. The Proteases segment is estimated to register the fastest CAGR of 1.05% for the period 2021-2026. This is mainly owing due to foods and supplements and helps in digestion, decrease inflammation and also reduces arthritis pain and are increasing the growth of this segment.
Alcohol and Starch or Sugar Enzyme Segment Analysis – By Application
The Global Alcohol and Starch or Sugar Enzyme Market based on Application can be further segmented into Food and Beverages, Pharmaceuticals, Cleaning Agents, Bio-Fuel Production, and Others. The food and beverage segment registers for the highest Alcohol and Starch or Sugar Enzyme market share in 2020. This is mainly owing to the increasing use of ethanol fermentation of food products that increase the demand of various other enzymes such as protease and lipase that are contributing to the growth of this segment. The Pharmaceuticals segment is forecasted to register the fastest CAGR of 2% over 2021-2026. This is mainly owing to increasing awareness regarding health care and cosmetics increases the demand of pharmaceuticals that are increasing the growth of this market.
Alcohol and Starch or Sugar Enzyme Segment Analysis – By Geography
North America dominated the Alcohol and Starch or Sugar Enzyme Market with major share of 40% in 2020. This is mainly owing to rising production of pharmaceutical and biotechnological research in the region and growing use for starch/sugar enzymes owing to the introduction of new drugs used in enzyme replacement therapy that uses hydrolysis process and are rising the growth of this market. However, Asia Pacific is estimated to outpace all the regions by clocking the highest CAGR of 3.05% during the forecast period 2021-2026. This is owing to rapid industrialization and development in infrastructure and increasing co-operation from local governments.
Alcohol and Starch or Sugar Enzyme Market Drivers
Rising Demand of Alcohol, Sugar, and Starch from Food and Beverage Industry
Rising interest for various alcohol enzymes from food & beverage industry for ethanol fermentation of food products are some factor driving the market growth of this segment. Moreover, cleaning agents, animal feed, biofuels, bioethanol, and others are manufactured with the help of alcohol, sugar and starch enzyme which are increasing the market growth of alcohol and starch or sugar enzyme.
Rising Consumption of Alcoholic Beverages
Growing consumption of alcoholic beverages among consumers is a significant factor driving the growth of the market. According to World Health Organization, in 2019 the consumption of alcohol are consumed by per person is about 6.4 litres which increases the demand of alcohol and starch enzyme and are contributing to the growth of Alcohol and Starch or Sugar Enzyme Market.
Covid Impact:
COVID-19 Pandemic created a worldwide shutdown of breweries shops, supermarkets, taprooms that have negatively affected the supply of the breweries or alcohols which reduced the sales of liquor. However, the COVID-19 pandemic reduces the consumption of alcohol and the production owing to shut down and actions in social distancing.
Alcohol and Starch or Sugar Enzyme Market Challenges
The factors that are set to impede the growth of the Alcohol and Starch or Sugar Enzyme Market are the stringent government regulations in food and beverage industry and restricted temperature and pH operational range of many enzymes are further restraining its market growth during the forecast period 2021-2026.
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