Market Size of African Brewing Enzymes Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 4.50 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
African Brewing Enzymes Market Analysis
The African brewing enzymes market is expected to record a CAGR of 4.5% during the forecast period (2022-2027).
The COVID19 pandemic led to tremendous losses across the world. Various sectors and businesses were affected due to the strict stay-at-home orders imposed by numerous countries. The brewing enzymes market is no exception to this loss. Production facilities and manufacturing units were shut, which led to growth disruptions.
The market is mainly driven by the increase in demand for domestic consumption of premium products of beer and alcoholic beverages with better taste and quality. Growth in the craft beer market acts as a major driver of the growth in this market. This results in an increased number of independent breweries, microbreweries, and brewpubs on the regional level. In addition, the rise in technological innovations has further boosted the market's growth.
However, easing the lockdown restrictions is helping the wine enzymes market regain lost growth.
African Brewing Enzymes Industry Segmentation
The African brewing enzymes market is segmented on the basis of source, type, and form. By source, the market is segmented into plant and microbial sources; by type into amylase, alphalase, protease, and others; and by form into liquid and dry. Also, the study provides an analysis of the brewing enzymes market in the emerging and established markets across Africa, including South Africa, Nigeria, and the Rest of Africa. The report offers market size and forecasts for the brewing enzymes market in value (USD million) for all the above segments.
| By Source | |
| Microbial | |
| Plant |
| By Type | |
| Amylase | |
| Alphalase | |
| Protease | |
| Other Types |
| By Form | |
| Liquid | |
| Dry |
| Geography | |
| South Africa | |
| Nigeria | |
| Rest of Africa |
African Brewing Enzymes Market Size Summary
The African brewing enzymes market is experiencing a steady growth trajectory, driven primarily by the increasing demand for high-quality beer and alcoholic beverages. This demand is fueled by the burgeoning craft beer industry, which has led to a rise in the number of independent breweries, microbreweries, and brewpubs across the region. Technological innovations in brewing processes have further contributed to market expansion. Despite the challenges posed by the COVID-19 pandemic, which disrupted production and led to significant losses, the market is rebounding as lockdown restrictions ease. The demand for protease, a key brewing enzyme, has notably increased due to its essential role in improving fermentation, chilling, and storage qualities of brewed drinks, as well as enhancing the clarity and solubility of proteins in beer.
South Africa stands out as the leading beer producer in Africa, with a significant rise in demand for alcoholic beverages driving growth in the brewing and distilling industries. This trend is mirrored in other countries such as Nigeria, Ethiopia, and Angola, where consumers are increasingly seeking unique and flavorful beer options. The competitive landscape of the African brewing enzymes market is characterized by the presence of both domestic and multinational companies, with strategic activities such as mergers, acquisitions, and new product developments being pivotal for market players. Notable companies like Kerry Group PLC, Novozymes A/S, and DuPont de Nemours Inc. are actively enhancing their market presence through such strategies, contributing to the dynamic nature of the industry.
African Brewing Enzymes Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.2 Market Restraints
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1.3 Porter's Five Forces Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Source
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2.1.1 Microbial
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2.1.2 Plant
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2.2 By Type
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2.2.1 Amylase
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2.2.2 Alphalase
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2.2.3 Protease
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2.2.4 Other Types
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2.3 By Form
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2.3.1 Liquid
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2.3.2 Dry
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2.4 Geography
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2.4.1 South Africa
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2.4.2 Nigeria
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2.4.3 Rest of Africa
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African Brewing Enzymes Market Size FAQs
What is the current African Brewing Enzymes Market size?
The African Brewing Enzymes Market is projected to register a CAGR of 4.5% during the forecast period (2024-2029)
Who are the key players in African Brewing Enzymes Market?
Kerry Group PLC, Novozymes A/S, AEB Africa (PTY) LTD, Porex SA (Biochem) and DuPont de Nemours, Inc. are the major companies operating in the African Brewing Enzymes Market.
