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Asia-Pacific Brewing Enzymes Market Size (2024 - 2029)

The Asia-Pacific brewing enzymes market is experiencing growth driven by increasing demand in the beer and industrial enzyme sectors, alongside a rise in beer production and the number of breweries in the region. The market's expansion is further supported by the dominance of microbial sources, which offer advantages such as easy production and cost-effectiveness compared to plant sources. The amylase segment is anticipated to lead the market due to its functional properties and cost efficiency. However, regulatory constraints from bodies like the FDA, USDA, and EU regarding brewing ingredients may pose challenges to the market's growth trajectory.

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Market Size of Asia-Pacific Brewing Enzymes Industry

Asia-Pacific Brewing Enzymes Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 4.20 %
Market Concentration Low

Major Players

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*Disclaimer: Major Players sorted in no particular order

APAC Brewing Enzymes Market Analysis

The Asia Pacific brewing enzymes market is forecasted to grow at a CAGR of 4.2% during the forecast period (2020-2025).

  • The market is driven by its high demand in the beer and industrial enzyme market. Also, rising demand production and consumption of beer, along with a rising number of breweries in recent years across the region are fueling the growth of the market.
  • Furthermore, in the segmentation font by source, the microbial source is recorded to have a major share owing to the benefit it provides such as easy production and handling. These can be grown easily to produce a significant amount of the desired enzyme at mild temperatures while consuming inexpensive nutrients. Also, microbial sources are more cost-effective sources than plant sources, which has further fueled the growth of this segment. By type, the amylase segment is projected to dominate the brewing enzymes, owing to its functional properties along with being a cost-effective solution.
  • However, the regulations imposed by regulatory bodies such as FDA, USDA, and EU for the ingredients used in the brewing industry across the region are expected to curb the market growth of brewing enzymes.

APAC Brewing Enzymes Industry Segmentation

The brewing enzymes market in Asia-Pacific has been segmented by source into microbial and plant; by type into amylase, alphalase, protease, and others; and by form (liquid, and dry). Also, the study provides an analysis of the brewing enzymes market in the emerging and established markets across Asia-Pacific, including China, Japan, India, Australia, and Rest of Asia-Pacific.

By Source
Microbial
Plant
By Type
Amylase
Alphalase
Protease
Others
By Form
Liquid
Dry
By Country
China
Japan
India
Australia
Rest of Asia Pacific
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Asia-Pacific Brewing Enzymes Market Size Summary

The Asia-Pacific brewing enzymes market is experiencing growth driven by the increasing demand for beer and industrial enzymes across the region. This growth is supported by the rising production and consumption of beer, alongside the proliferation of breweries. The market is characterized by a significant share of microbial sources due to their advantages in production and cost-effectiveness compared to plant sources. The amylase segment is expected to lead the market, attributed to its functional properties and cost-efficiency. However, regulatory constraints from bodies like the FDA, USDA, and EU may pose challenges to market expansion.

The demand for beer in the Asia-Pacific region is on the rise, fueled by the introduction of craft and flavored beers and the growing availability of premium options, particularly in countries such as Australia, Japan, and China. This trend of premiumization is anticipated to enhance the market's growth potential. Economic growth, urbanization, and globalization are shifting cultural patterns, increasing beer consumption and, consequently, the demand for brewing enzymes. The market is fragmented, with numerous regional and domestic players, and is marked by strategic activities such as mergers, acquisitions, and partnerships to strengthen brand presence. Key players in the region include ABF Ingredients, DuPont de Nemours, Inc., DSM, and Novozymes.

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Asia-Pacific Brewing Enzymes Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Drivers

    2. 1.2 Market Restraints

    3. 1.3 Porter's Five Forces Analysis

      1. 1.3.1 Threat of New Entrants

      2. 1.3.2 Bargaining Power of Buyers/Consumers

      3. 1.3.3 Bargaining Power of Suppliers

      4. 1.3.4 Threat of Substitute Products

      5. 1.3.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Source

      1. 2.1.1 Microbial

      2. 2.1.2 Plant

    2. 2.2 By Type

      1. 2.2.1 Amylase

      2. 2.2.2 Alphalase

      3. 2.2.3 Protease

      4. 2.2.4 Others

    3. 2.3 By Form

      1. 2.3.1 Liquid

      2. 2.3.2 Dry

    4. 2.4 By Country

      1. 2.4.1 China

      2. 2.4.2 Japan

      3. 2.4.3 India

      4. 2.4.4 Australia

      5. 2.4.5 Rest of Asia Pacific

Asia-Pacific Brewing Enzymes Market Size FAQs

The Asia-Pacific Brewing Enzymes Market is projected to register a CAGR of 4.20% during the forecast period (2024-2029)

ABF Ingredients, DuPont de Nemours, Inc., DSM, Novozymes and Megazyme Ltd. are the major companies operating in the Asia-Pacific Brewing Enzymes Market.

Asia-Pacific Brewing Enzymes Report Snapshots

Asia-Pacific Brewing Enzymes Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)