Alcohol Enzymes Market Trends, Challenges & Strategies, Growth Forecast to 2027

As per the report published by Allied Market Research, the global alcohol enzymes market was pegged at $553.1 million in 2019, and is projected to reach $804.6 million by 2027, growing at a CAGR of 4.9% from 2020 to 2027.

Download PDF Brochure: https://www.alliedmarketresearch.com/request-sample/8328

The global alcohol enzymes market has experienced significant growth, fueled by increased demand from the alcoholic beverage and biofuel industries. Nevertheless, the high costs associated with enzyme development, including regulatory assessments, pose a hindrance to market expansion. Conversely, the ongoing development of new, cost-effective enzymes through protein engineering is anticipated to unlock lucrative opportunities for market players in the future.

The global alcohol enzymes market report includes an in-depth analysis of the major market players such as Advanced Enzyme Technologies, Associated British Foods Plc, BASF SE, Biotechnology Research and Information Network AG, Creative Enzymes, DSM Royal, DuPont, Kerry Group Plc, Laffort, and Novozymes.

Have Any Query? Ask Our Expert : https://www.alliedmarketresearch.com/purchase-enquiry/8328

Key findings of the study
The Asia-Pacific alcohol enzymes market is projected to grow at the highest CAGR of nearly 5.9%, in terms of revenue, during the forecast period.
By type, the lipases segment is anticipated to witness the high growth rate of 6.0%, in terms of revenue, during the forecast period.
By end-user, the pharmaceutical segment is anticipated to witness the high growth rate of 6.6%, in terms of revenue, during the forecast period.

The global alcohol enzymes market is segmented on the basis of type, end user, and region.

Based on type, the market is divided into carbohydrase, proteases, lipases, and others. The carbohydrase segment held the largest share in 2019, accounting for more than two-fifths of the market. However, the lipases segment is projected to manifest the highest CAGR of 6.0% during the forecast period.

Interested in Procuring This Report? Visit Here: https://www.alliedmarketresearch.com/alcohol-enzyme-market/purchase-options

On the basis of end user, the market is classified into food & beverage, pharmaceutical, chemical, cosmetics, biofuel, and others. The pharmaceutical segment is anticipated to register the highest CAGR of 6.6% during the forecast period. However, the food & beverage segment held the largest share in 2019, contributing to more than one-third of the market.
The global alcohol enzymes market is analyzed across various regions such as North America, Asia-Pacific, LAMEA, and Europe. The market across Asia-Pacific held the lion's share in 2019, accounting for more than one-third of the market. Moreover, the region is estimated to register the highest CAGR of 5.9% during the forecast period.

Related Reports:
World oxo alcohol market : https://www.alliedmarketresearch.com/oxo-alcohol-market

Natural Fatty Alcohols Market : https://www.alliedmarketresearch.com/natural-fatty-alcohols-market

Polyvinyl Alcohol Polyethylene Glycol Graft Copolymer Market : https://www.alliedmarketresearch.com/polyvinyl-alcohol-polyethylene-glycol-graft-copolymer-market-A11479

Diacetone Alcohol Market : https://www.alliedmarketresearch.com/diacetone-alcohol-market-A13825

Contact Us:
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
help@alliedmarketresearch.com

About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.