Market Trends of European Brewing Enzymes Industry
This section covers the major market trends shaping the European Brewing Enzymes Market according to our research experts:
Increasing Number of Breweries in Europe
A rise in demand for low or no alcohol beers has resulted in the rise in the number of brewers in the region. According to The Brewers of Europe, beer production in 2018 was recorded to be nearly 39.7 billion liters, where Germany, the United Kingdom, and Poland were the three major producers. The number of active breweries in Europe rose by around 6,000 breweries in the last 10 years, and around 9,500 in the last 1,000 years. Among the 9,500 breweries, about three-fourth, that is 2430 are the microbreweries and SMEs (small and medium enterprises), which are mostly concentrated in Germany (1,492), France (1,100), Italy (868), and Spain (521).
Germany to Drive The Regional Market
The production and consumption of different types of beer, such as regular, flavored, gluten-free, low-calorie, low-alcoholic, non-alcoholic and other beers, and wine in Germany have been reported to grow significantly, thus boosting the growth of brewing enzymes market in the region. This is primarily due to the rising economic and income growth, along with the increasing disposable income in the European region. Furthermore, the small-scale domestic players have adopted strategies to expand their businesses globally by investing in the establishment of manufacturing facilities and technical service centers in various regions, thus improve their presence through intensive R&D infrastructure.
