Market Trends of North America Brewing Enzymes Industry
This section covers the major market trends shaping the North America Brewing Enzymes Market according to our research experts:
High Consumption of Beer in the Region
North America owing to heavy consumption of beer in countries like the United States and Canada, records high consumption of beer across the globe. The trend suggests significant usage of brewing enzymes in the region. Moreover, with ongoing development and innovations in the industry, there is increasing popularity towards low-alcohol beers and ciders, which is attributed to a growing awareness of alcohol unit consumption and the customers' willingness to try new beverages. This shift is witnessed in the demand for low-alcohol drinks by volume at the country, still benefitting the market studied.
The United States Drives the Regional Market
The brewing enzyme market in the country is heavily driven by the vast consumption of alcoholic beverages in the country. Moreover, the country's agricultural producers and the government of United States have been taking initiatives to rapidly increase the amount of farmed malting barley and hop acres and the quality of barley to boost the production of malted drinks in the country further portraying a promising future of brewing enzymes in the country. For instance, the government imposed few standards for the production of malting barley such as removing Six-rowed Blue Malting barley to reduce the factors like mold that damage the kernels under the United States Grain Standards Act (USGSA) in 2017.