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The global alcohol enzymes market stood at a value of around USD 673.52 million in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 5% to reach USD 1,044.84 million by 2032.
Carbohydrase is widely used as a sweetener in the food and beverage industry. The rising applications of carbohydrase in the preparation of sugar syrups, prebiotics, and isomaltulose, among others is likely to be a major factor driving the segment growth. In addition to this, the increasing shift from sucrose to carbohydrase owing to the ability of the product to improve sensory properties of beverages is anticipated to augment the market in the forecast period.
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Further, carbohydrase encompasses diverse enzymes involved in the process of hydrolysis and synthesis of carbohydrates, which is likely to aid the industry in the forecast period.
The alcohol enzymes industry in North America is driven by the growing research, development, and innovation in the biofuel industry. This is likely to propel the demand for alcohol enzymes in the region in the forecast period. Additionally, the thriving food and beverage industry in the United States and Canada is anticipated to augment the market. Moreover, the expansion of the key market players in the region, which include BASF SE, Creative Enzymes, and others, is anticipated to bolster the market growth in the forecast period of 2024-2032.
Alcohol enzymes can be defined as the catalyst used in the conversion or break down of complex molecules in different reactions. These enzymes form an important part of various industrial processes as they offer benefits like yield optimisation and speedy chemical processes.
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Based on type, the market can be segmented into:
On the basis of end user, the market is segmented into:
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The alcohol enzymes industry is being driven by the rising applications of alcohol enzymes in the food and beverage, pharmaceutical, cosmetics, and biofuel industries, among others. The rising income levels, increasing population, and strong economic growth in emerging countries are supporting the market expansion. In addition to this, the thriving retail sector and the increasing demand for premium products are anticipated to provide impetus to the market in the forecast period. The emergence of online purchasing platforms and the expansion of major e-commerce giants such as Amazon, Ebay, Alibaba, and others, are likely to increase the sales of various end use products of alcohol enzymes, thus, contributing to the demand for alcohol enzymes in the forecast period.
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The report gives a detailed analysis of the following key players in the global alcohol enzymes market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Type |
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Breakup by End User |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Alcohol Enzymes Market Analysis
8.1 Key Industry Highlights
8.2 Global Alcohol Enzymes Historical Market (2018-2023)
8.3 Global Alcohol Enzymes Market Forecast (2024-2032)
8.4 Global Alcohol Enzymes Market by Type
8.4.1 Carbohydrases
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Proteases
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Lipases
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Others
8.5 Global Alcohol Enzymes Market by End User
8.5.1 Food and Beverage
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Chemical
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Pharmaceutical
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Biofuel
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Cosmetics
8.5.5.1 Historical Trend (2018-2023)
8.5.5.2 Forecast Trend (2024-2032)
8.5.6 Others
8.6 Global Alcohol Enzymes Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
9 North America Alcohol Enzymes Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Alcohol Enzymes Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Alcohol Enzymes Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Alcohol Enzymes Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Alcohol Enzymes Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Price Analysis
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 Biotechnology Research and Information Network AG
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 Kerry Group Plc.
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 Associated British Foods Plc
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 BASF SE
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Creative Enzymes
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 Royal DSM
17.2.6.1 Company Overview
17.2.6.2 Product Portfolio
17.2.6.3 Demographic Reach and Achievements
17.2.6.4 Certifications
17.2.7 Novozymes
17.2.7.1 Company Overview
17.2.7.2 Product Portfolio
17.2.7.3 Demographic Reach and Achievements
17.2.7.4 Certifications
17.2.8 Advanced Enzyme Technologies Ltd.
17.2.8.1 Company Overview
17.2.8.2 Product Portfolio
17.2.8.3 Demographic Reach and Achievements
17.2.8.4 Certifications
17.2.9 DuPont de Nemours Inc.
17.2.9.1 Company Overview
17.2.9.2 Product Portfolio
17.2.9.3 Demographic Reach and Achievements
17.2.9.4 Certifications
17.2.10 Laffort
17.2.10.1 Company Overview
17.2.10.2 Product Portfolio
17.2.10.3 Demographic Reach and Achievements
17.2.10.4 Certifications
17.2.11 Others
18 Key Trends and Developments in the Market
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operation Involved
2 Project Requirement and Cost Analysis
2.1 Land, Location and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Cost of Raw Material
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investment
List of Key Figures and Tables
1. Global Alcohol Enzymes Market: Key Industry Highlights, 2018 and 2032
2. Global Alcohol Enzymes Historical Market: Breakup by Type (USD Million), 2018-2023
3. Global Alcohol Enzymes Market Forecast: Breakup by Type (USD Million), 2024-2032
4. Global Alcohol Enzymes Historical Market: Breakup by End User (USD Million), 2018-2023
5. Global Alcohol Enzymes Market Forecast: Breakup by End User (USD Million), 2024-2032
6. Global Alcohol Enzymes Historical Market: Breakup by Region (USD Million), 2018-2023
7. Global Alcohol Enzymes Market Forecast: Breakup by Region (USD Million), 2024-2032
8. North America Alcohol Enzymes Historical Market: Breakup by Country (USD Million), 2018-2023
9. North America Alcohol Enzymes Market Forecast: Breakup by Country (USD Million), 2024-2032
10. Europe Alcohol Enzymes Historical Market: Breakup by Country (USD Million), 2018-2023
11. Europe Alcohol Enzymes Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Asia Pacific Alcohol Enzymes Historical Market: Breakup by Country (USD Million), 2018-2023
13. Asia Pacific Alcohol Enzymes Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Latin America Alcohol Enzymes Historical Market: Breakup by Country (USD Million), 2018-2023
15. Latin America Alcohol Enzymes Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Middle East and Africa Alcohol Enzymes Historical Market: Breakup by Country (USD Million), 2018-2023
17. Middle East and Africa Alcohol Enzymes Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Global Alcohol Enzymes Market Structure
In 2023, the global alcohol enzymes market attained a value of nearly USD 673.52 million.
The market is estimated to grow at a CAGR of 5% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 1,044.84 million by 2032.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major drivers of the industry, such as the rising applications of alcohol enzymes in significant end use industries, growing industrialisation, and the increasing purchasing power of consumers, are expected to aid the market growth.
The key market trends guiding the growth of the industry include the growing R&D activities in the pharmaceutical industry owing to the rising incidences of chronic diseases.
Carbohydrases, proteases, and lipases, among others are the major types of alcohol enzymes.
Food and beverage, chemical, pharmaceutical, biofuel, and cosmetics, among others are the different end users included in the market report.
The major players in the industry are Biotechnology Research and Information Network AG, Kerry Group Plc., Associated British Foods Plc, BASF SE, Creative Enzymes, Royal DSM, Novozymes, Advanced Enzyme Technologies Ltd., DuPont de Nemours Inc., and Laffort, among others.
The global alcohol enzymes market attained a value of USD 673.52 million in 2023, driven by the rising applications of alcohol enzymes in the pharmaceutical industry. Aided by the growing industrialisation, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 5%. The market is projected to reach USD 1,044.84 million by 2032.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on type, the market is divided into carbohydrases, proteases, and lipases, among others. On the basis of end users, the market is divided into food and beverage, chemical, pharmaceutical, biofuel, and cosmetics, among others. The major regional markets for alcohol enzymes are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Biotechnology Research and Information Network AG, Kerry Group Plc., Associated British Foods Plc, BASF SE, Creative Enzymes, Royal DSM, Novozymes, Advanced Enzyme Technologies Ltd., DuPont de Nemours Inc., and Laffort, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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