Press release
Glucoamylase market is expected to reach 4.87 billion $ by 2029 : Cognitive Market Research
Glucoamylase market is expected to reach 4.87 billion $ by 2029 : Cognitive Market Research
North America will dominate Glucoamylase Market.
Glucoamylase is widely used in the food processing industry. The application of glucoamylase is the saccharification of partially processed starch to glucose, which is an essential substrate for several fermentation processes and a range of food and beverage industries. glucoamylases are applied industrially in the manufacture of glucose and fructose syrups. Glucoamylase is derived from sources including plants, animals, and microorganisms. Increasing demand for Glucoamylase Market due to glucoamylase provided health benefits including issues related to gastrointestinal and digestion, bowel syndrome, and reduces chances of food allergies. The restraints of the glucoamylase market are Glucoamylase can break down the starches into glucose which is absorbable and usable.
Read Full Report with Table of Contents:
@-https://www.cognitivemarketresearch.com/glucoamylase-market-report
Regional Analysis of the Glucoamylase Market:
• In terms of geography, the market is divided into five regions including North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report is further segmented at country-level analysis. North American region has the highest market dominance with almost 37.78%% due to increasing demand for end-use industries such as pharmaceuticals, food & beverage, and cosmetics in countries like the U.S.
Top players involved in the Glucoamylase market:
- Major players involved in the market include
• DSM
• Genenco
• Verenium
• VTR
• YSSH
• Challenge Group
• Sunson
• Novozymes
• Jinyuan
• Amano Enzyme
• AB Enzyme
• Shandong Longd
• SunHY
• Jiangyin
• BSDZYME
Current Trends of Manufacturers:
• DSM accelerates its strategic journey to a fully focused Health, Nutrition & Bioscience company
- In September 2021 DSM, a science-based company, announces its strategic decision to fully focus its resources and capabilities to address the urgent societal and environmental challenges linked to the way the world produces and consumes food. Consequently, DSM is operating structure and reorganizing its Health, Nutrition & Bioscience activities into three Business Groups, each with clear opportunities to benefit the health of people and the health of the planet, underpinning DSM's growth plans. At the same time, DSM confirms it has started a review of strategic options for its Materials businesses, including a possible change of ownership.
Segment Analysis:
• Based on product type, the Glucoamylase Market is segmented into Solid Glucoamylase and Liquid Glucoamylase. Solid Glucoamylase has the largest market dominance almost 53.24% due to rising use in highly-consumed food ingredients and products used in various industries including food & beverages, pharmaceuticals, cosmetics, and animal feed.
- Solid Glucoamylase
- Liquid Glucoamylase
• Based on Application types, the Glucoamylase Market is segmented into Beer, Alcohol, White Spirit, Starch Sugar, and Others. Alcohol has the largest market share almost 38.61% due to its use in various industries including pharmaceuticals, food & beverage, and cosmetics. Alcohol is used in industries due to its long-time stability, energy saving and eco-friendly, cost reduction, and efficiency increase.
- Beer
- Alcohol
- White Spirit
- Starch Sugar
- Others
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𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
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About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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