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Alcohol Enzyme Market Size, Share Global Analysis Report, 2020–2026
Alcohol Enzyme Market By Type (Carbohydrase, Proteases, Lipases, and Others) and By Application (Industrial and Specialty): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecast 2020–2026
Industry Insights
[110+ Pages Report] According to the report published by Facts Factors, the global alcohol enzyme market size was worth around USD 2.4 billion in 2019 and is predicted to grow to around USD 4 billion by 2026 with a compound annual growth rate (CAGR) of roughly 7.8% between 2020 and 2026. The report analyzes the global alcohol enzyme market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the alcohol enzyme market.
The alcohol enzyme market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire alcohol enzyme market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of both volume (Kilo Tons) and value (USD Million) from FY 2016 – 2026.
This specialized and expertise-oriented industry research report scrutinizes the technical and commercial business outlook of the alcohol enzyme industry. The report analyzes and declares the historical and current trends analysis of the alcohol enzyme industry and subsequently recommends the projected trends anticipated to be observed in the alcohol enzyme market during the upcoming years.
Key Insights from Primary Research
- As per our primary respondents, the alcohol enzyme market is set to grow annually at a rate of around 7.8%
- It was established through primary research that the alcohol enzyme market was valued at around USD 2.4 billion in 2019
- North America held the largest market share of alcohol enzymes in terms of revenue in 2019
- The “Carbohydrase” category, on the basis of type segmentation, was the leading revenue-generating category in 2019
- The “Industrial” category, on the basis of application segmentation, was the leading revenue-generating in 2019
Key Recommendations from Analysts
- As per our analysts, increasing disposable income and easy availability of raw materials are anticipated to boost the alcohol enzyme market
- Strict government rules and regulations are expected to hamper the growth of the alcohol enzyme market
- New emerging economies are anticipated to open new market opportunities for the alcohol enzyme market
- The Asia Pacific is expected to be the fastest-growing alcohol enzyme market in the upcoming years
- The food industry is one of the major end-user of the alcohol enzymes
Global Alcohol Enzyme Market Share – By Region
The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the alcohol enzyme industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.
Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the alcohol enzyme industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the alcohol enzyme market.
The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the alcohol enzyme industry. The alcohol enzyme market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.
The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the alcohol enzyme sector. Key strategic developments in the alcohol enzyme market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the alcohol enzyme market are appropriately highlighted in the report.
Rapid advancement in enzyme technology has led to high usage of the enzyme in various end-user industries such as food & beverage, cleaning agents, and among others. This factor is expected to accelerate the growth of the alcohol enzyme market in the upcoming years. In addition, surging demand for processed food has strained the manufacturers for the use of enzymes which in turn has assisted the alcohol enzyme market growth. However, several rules and regulations for the production of alcohol enzymes may obstruct the growth of alcohol enzymes in some regions. Nevertheless, the unexploited market in emerging countries is likely to positively impact on alcohol enzyme market in the upcoming years.
Report Scope
Report Attribute |
Details |
Market Size in 2019 |
USD 2.4 Billion |
Projected Market Size in 2026 |
USD 4 Billion |
CAGR Growth Rate |
7.8% CAGR |
Base Year |
2019 |
Forecast Years |
2020-2026 |
Key Market Players |
DuPont, Pfizer, Inc., Amgen, Inc., Novozymes, Bayer AG, Shanghai Zheyang Chemical Co. Ltd., Roquette Frères, Abbott Laboratories, Eli Lilly Company, F. Hoffmann-La Roche Ltd., Merck & Co., Inc., Novartis AG, Novo Nordisk A/S, The Soufflet Group, and Others |
Key Segment |
By Type, Application, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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The alcohol enzyme market research report delivers an acute valuation and taxonomy of the alcohol enzyme industry by practically splitting the market on the basis of different types, applications, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026.
The regional segmentation of the alcohol enzyme industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Further, country-wise data for the alcohol enzyme industry is provided for the leading economies of the world.
The alcohol enzyme market is segmented based on Type and Application. On the basis of type segmentation, the market is classified into Carbohydrase, Proteases, Lipases, and Others. In terms of Application segmentation, the market is bifurcated into Industrial and Specialty
Some of the essential players operating in the alcohol enzyme market, but not restricted to include
- DuPont
- Pfizer Inc.
- Amgen Inc.
- Novozymes
- Bayer AG
- Shanghai Zheyang Chemical Co. Ltd.
- Roquette Frères
- Abbott Laboratories
- Eli Lilly Company
- F. Hoffmann-La Roche Ltd.
- Merck & Co. Inc.
- Novartis AG
- Novo Nordisk A/S
- The Soufflet Group
- Roquette Frères
- Abbott Laboratories
The taxonomy of the alcohol enzyme industry by its scope and segmentation is as follows:
By Type Segmentation Analysis
- Carbohydrase
- Proteases
- Lipases
- Others
By Application Segmentation Analysis
- Industrial
- Specialty
Regional Segmentation Analysis
- North America
- The U.S.
- Canada
- Europe
- Germany
- The UK
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of the Middle East & Africa
Table of Content
Industry Major Market Players
- DuPont
- Pfizer Inc.
- Amgen Inc.
- Novozymes
- Bayer AG
- Shanghai Zheyang Chemical Co. Ltd.
- Roquette Frères
- Abbott Laboratories
- Eli Lilly Company
- F. Hoffmann-La Roche Ltd.
- Merck & Co. Inc.
- Novartis AG
- Novo Nordisk A/S
- The Soufflet Group
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