Wine Enzymes Market 2022 Key Players, End User, Demand and Consumption by 2030

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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 Market

Wine 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)