Alcohol Enzymes Market - Global Industry Growth, Size, Share, Trends, Analysis And Forecast To 2020: Research Report By Grand View Research, Inc.

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Rapid expansion of industrial and pharmaceutical sectors in Asia Pacific is expected to be a key driver for alcohol enzymes market.

The alcohol enzymes market will witness high growth owing to a variety of industrial applications which include food & beverages, biofuels and cleaning agent production. These enzymes have the potential to satisfy growing industrial product requirements owing to versatile applications which results in tremendous application scope. Rapid expansion of industrial and pharmaceutical sectors in Asia-Pacific will be a key driver for alcohol enzymes market growth in the region. Industrial growth coupled with infrastructural development and government co-operation is further expected to result in the region witnessing high demand. Increasing wine consumption on account of health benefits will augment alcohol enzymes demand in wine processing over the forecast period. The U.S. wine industry being second largest globally, contributes to the lion's share in the North American alcohol enzymes market. Extensive R&D to develop application specific products to suffice customers' requirements will be a key factor providing immense market potential over the forecast period.

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Novozymes launched Sanferm Yield which enables distillers to increase their yield with lesser raw materials. Volatility in raw material costs prompted Novozymes to develop a solution that provides manufacturers with technical and economic benefits. Sanferm Yield helps meet higher alcohol yields in the range of 2%-3% along with enhanced fermentation efficiency in 10%-20% less fermentation time. DuPont introduced SPEZYME comprising alpha amylase enzymes which provides benefits such as increased yields, faster fermentation, reduced energy and chemical use, helping manufacturers overcome challenges including high feedstock and energy costs. Associated British Foods plc, Advanced Enzymes Technologies Ltd, Amano Enzymes Inc, Codexis Inc, Dyadic International Inc., Lesaffre Group, Roquette Freres, and The Soufflet Group are other key players in the alcohol enzymes market.

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Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.


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