Alcohol
enzymes occur in various organisms which eases the inter conversion
between aldehydes and alcohol with the reduction of nicotinamide
adenine dinucleotide. They are significantly-selective catalysts that
solve the purpose of inter conversion of complex molecules to smaller
ones in different metabolic reactions. Different enzymes such as
carbohydrases, proteases and lipases are used which are majorly
consumed to manufacture biocatalysts, pharmaceuticals, bio-fuels,
cleaning agents, and food & beverages.
Alcohol
enzymes form an important part of the global manufacturing industry
and play a vital role in ensuring yield optimization as well as
enhancing chemical processes. Moreover, due to growing population
coupled with the rising disposable income has created a significant
demand for consumer products such as cleaning agents, bio-fuels, and
food & beverages. The industry has also been witnessing positive
growth due to specialty and industrial utilization of alcohol
enzymes.
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Factors
such as growing demand for cosmetics and rising awareness regarding
healthcare have augmented the demand for pharmaceuticals in cosmetics
and drugs. Other factors such as technological advancement in waste
and energy saving logistics have also contributed to the growth of
the alcohol enzymes market. However, regulations on the production of
alcoholic beverages, brewing industry, and utilization of synthetic
food ingredients are expected to slow down the growth of this market.
North America is one of the largest consumers for alcohol enzymes,
followed by Europe where the demand for these enzymes has increased
in recent years owing to introduction of new drugs implemented in
enzyme replacement industry. Future market growth is expected to be
from Asia Pacific where increasing use of bio-fuels is expected to
provide new opportunities for the growth of the market.
ABF
PLC, Advanced Enzyme Technology Ltd., Amano Enzyme Inc., Dyadic
International Inc., Novozymes A/S, Roquette Freres and The Soufflet
Group are some of the major producers for alcohol enzymes.
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This
research report analyzes this market depending on its market
segments, major geographies, and current market trends. Geographies
analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
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