The Wine Enzymes Market Between 2023-2033: Share, Size, Forecast and Trends

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Future Market Insights’ research indicates that during the estimated period, the Wine Enzymes market is expected to grow at a CAGR of 4.80%. Forecasts indicate that the market will increase in value from US$ 1,404.8 million in 2023 to US$ 2,245.1 million in 2033.
Protein molecules known as enzymes quicken the pace of biological reactions. In the food and beverage sector, enzymes are widely used as natural catalysts to transform raw food ingredients into a variety of consumables. Bakery goods, meat goods, dairy goods, juices, and alcoholic drinks like beer and wine are all produced using enzymes. Wine enzymes are a crucial part of the winemaking process and are frequently present in grapes and yeasts. The usage of wine enzymes goes beyond fermentation and speeding up the winemaking process to include regulating bacterial development, enhancing wine extraction, enhancing aroma, and stabilising the wine.

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Innovative Wine Formulations to Increase the Market Share of Global Wine Enzymes Market
Lately, there has been a growing concern of health and wellness among the consumers. A shift towards a healthier lifestyle is causing the reduction in alcohol intake and to counter this problem, a no-alcohol or low-alcohol variety was launched. Diageo, a prominent alcoholic beverage manufacturer, were of the opinion that the no-alcohol and low-alcohol wine varieties ranked as the number one trend for 2019. 
Other formulations include cannabis-infused wines, specially created to target young consumers. To deal with the declining wine consumption among the younger generation, innovative wines that are free from alcohol are being introduced into the markets. Therefore, appealing the consumers by widening the choices would guarantee a steady growth trajectory of global wine enzymes market.Vegan and Sustainability Trends to Play an Important Role in the Growth of Global Wine Enzymes MarketWine Enzymes such as lysozymes are derived from animal sources such as milk and eggs. They help in controlling the bacterial growth and clarification of substrate during the winemaking process. To meet the skyrocketing demand of vegan and plant-based food items, wine manufactures are adopting alternatives such as non-animal enzymes to manufacture vegan-friendly wines.

Retail stores and supermarkets are also anticipating the trend by keeping numerous vegan-friendly wine varieties. Prominent wine manufacturers such as Pernod Ricard Winemakers and Australian Vintage Limited are making efforts to make maximum use of renewable energy resources for wine production.

Efforts are being made to achieve maximum recyclability of wine packaging. Canned wines are popular among the young drinkers and have a high recyclability percentage than glass bottles. Hence, vegan and sustainability trends can fairly impact the growth of wines enzymes.

Global Wine Enzymes: Key Players

Some of the key players manufacturing Wine Enzymes are as follows –

  • DSM (Netherlands)
  • Amano Enzyme (Japan)
  • Kerry Group (Ireland)
  • Chr. Hansen (Denmark)
  • Associated British Foods (UK)
  • Novozymes (Denmark)
  • DuPont (US).

COVID-19 Impact:

The COVID-19 pandemic had a wide-scale impact on the global logistics and supply chain, causing a decline in the wine trade. The pandemic has affected the global wine enzymes market. Governments of many nations are providing a stimulus package to businesses to give economic relief.

Loosening of lockdown regulations and permission to continue manufacturing activities using standard safety measures by the world governments would help revive the economy as well as shorten the impact of the pandemic on the global wine enzymes market.

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The wine enzymes market report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions.

The Report Covers Exhaustive Analysis on:

  • Wine enzymes market segment
  • Wine enzymes market dynamics
  • Wine enzymes market size
  • Wine enzymes supply and demand
  • Current trends/issues/challenges pertaining to wine enzymes market
  • Competition landscape and emerging market participants in wine enzymes market
  • Technology related to production/processing of wine enzymes
  • Value chain analysis of the wine enzymes market

Regional Analysis Includes:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Rest of Latin America)
  • Europe (Germany, U.K., France, Italy, Spain, BENELUX, Poland, Russia, Nordic, Rest of Europe)
  • East Asia (China, Japan, South Korea)
  • South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
  • Oceania (Australia, New Zealand)
  • Middle East & Africa (GCC Countries, South Africa, Rest of MEA)
Global Wine Enzymes: Market Segmentation

Based on Type, wine enzymes can be segmented as:-

  • Fungi (Pectinases, Lipases, Glycosidases, Fungal Proteases)
  • Yeasts (Glucanases, Esters, Proteases)
  • Lactic Acid Bacteria (Glycosidases, Microbial Proteases)
  • Phenoloxidases/Oxidative Enzyme
  • Lysozyme/Antimicrobial Enzyme
  • Urease
  • Others (Laccases, Cellulases, Xylanases)

Based on Function, wine enzymes can be segmented as:-

  • Fermentation
  • Hydrolysis
  • Aroma Improvement
  • Wine stabilization
  • Lysis
  • Settling and Clarification
  • Bacterial Growth Control

Based on End-Use, wine enzymes can be segmented as:-

  • Red Wine
  • White Wine
  • Rose Wine
  • Sparkling Wine
  • Sweet Wine
  • Others (Fortified Wine)

Based on Form, wine enzymes can be segmented as:-

  • Powder
  • Liquid
  • Others (gel, granular)

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Report Highlights:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the wine enzymes market
  • Recommendations to companies for strengthening their foothold in the wine enzymes market

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