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Market Growth of Alpha-Amylase to Remain Sluggish through 2024
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Submerged fermentation method is the conventional method of alpha-amylase production and the different parameters such as temperature, moisture, pH level etc. can be controlled with ease in this method. Solid state fermentation is expected to account for significant share, due to its resemblance to natural habitat favourable for the growth of microorganisms. Alpha-amylase is used in the production of products such as animal feed, bakery goods, sugar products, brewed products, detergents, biofuels etc. In September 2016, a Denmark-based leading biotechnology company announced acquisition of Organobalance GmbH, a Germany-based research and development company, specialist for manufacturing products based on microbial strain. BASF SE, a Germany-based leading global chemicals manufacturer has acquired Verenium Corporation, a leading manufacturer of performance enhanced enzymes.
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Alpha-Amylase Market: Drivers and Restraints
The use of alpha-amylase in the manufacturing of wide range of products such as animal feed, bakery goods, sugar products etc. is the major driver for the growth of global alpha-amylase market. The demand for convenience food is increasing and the rapid growth of food processing industry in the developing economies is expected to boost the growth of global alpha-amylase market. The need for renewable and sustainable energy solutions has increased the demand for biofuels. Amylase enzymes have significant role in the production of biofuels, which is anticipated to fuel global alpha-amylase market growth. The increasing consumer awareness regarding nutritious and healthy food and the rapid growth of nutraceuticals market during the forecast period, is anticipated to upsurge the demand for alpha-amylase.
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Alpha-Amylase Market: Key Players
Some of the key players in the global alpha-amylase market are as follows:
Novozymes
suzhou Sino Enzymes
Calzyme, Inc.
Biogreen Technochem Pvt Ltd.
Sigma-Aldrich Co. LLC.
Enmex
Biolaxi Corporation
Seydel Companies
Specialty Enzymes & Biotechnologies
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