Market Overview:
The global wine enzymes market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for wine products, especially in developed countries such as the U.S., France, and Italy. Wine enzymes are used in various applications such as grape wine, red wine, rose wine, sparkling wine, white wine and others. Among these applications, grape wines account for a major share of the global market due to their high demand across different regions.
Product Definition:
Wine enzymes are important in the winemaking process as they help to break down the grape pulp and seeds into juice. This juice is then fermented to create wine. The enzymes also help to clarify the wine, removing any sediments that may have formed during fermentation.
Yeast:
Yeast is a single-celled fungus that lives in the soil. The most common type of yeast used for fermentation is the saccharomyces cerevisiae or baker's yeast, which is widely available and can be cultivated on a large scale.
Fungus:
Fungi is a group of eukaryotic organisms that generally do not have cell walls per se, but may possess simple hyphae or mycelia. The term fungi is also used for unicellular organisms such as yeast and oomycetes (e.g., swimmer algae).
Application Insights:
The grape wine segment led the global market and accounted for more than 45.0% share of the total revenue in 2017. The growth can be attributed to the rising demand for white and red wines across the globe. Moreover, increasing awareness about wine is also propelling its demand globally. According to a study published by Harvard Business School, it is estimated that in 2016, around 52% of all wine produced was consumed within Europe while 48% was exported outside this region which indicates a positive outlook for global wine consumption over the forecast period.
Sparkling wines are expected to witness significant growth over the forecast period owing to their growing popularity among millennials as an alternative to traditional alcoholic drinks such as beer and whiskey/gin during social gatherings or special events with friends & family members at home or abroad.
Regional Analysis:
North America accounted for the largest share of over 35.0% in 2017 owing to high consumption of wine in this region. The U.S., being a major consumer, has significantly influenced the global market growth through product demand and innovation.
Asia Pacific is projected to be one of the fastest-growing regions during the forecast period owing to increasing disposable income levels coupled with rising population in China.
Latin America is anticipated to witness steady growth as consumers are increasingly becoming aware regarding health benefits associated with wine enzymes products such as improved digestion.
Growth Factors:
- Increasing demand for wine due to changing lifestyle and growing disposable income of consumers.
- Rising popularity of wine among the young population.
- Growing awareness about the health benefits associated with consumption of red wine.
- Technological advancements in winemaking process that has led to increased production of premium quality wines.
Scope Of The Report
Report Attributes
Report Details
Report Title
Wine Enzymes Market Research Report
By Type
Yeast, Fungus, Lysozyme, Magnesium Oxide, Lactobacillus, Others
By Application
Grape Wine, Red Wine, Rose Wine, Sparkling Wine, White Wine, Others
By Companies
Kerry Group, Associated British Foods, DuPont, Amano Enzyme, Novozymes, Chr.Hansen
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
226
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global Wine Enzymes Market Report Segments:
The global Wine Enzymes market is segmented on the basis of:
Types
Yeast, Fungus, Lysozyme, Magnesium Oxide, Lactobacillus, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Grape Wine, Red Wine, Rose Wine, Sparkling Wine, White Wine, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Kerry Group
- Associated British Foods
- DuPont
- Amano Enzyme
- Novozymes
- Chr.Hansen
Highlights of The Wine Enzymes Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Yeast
- Fungus
- Lysozyme
- Magnesium Oxide
- Lactobacillus
- Others
- By Application:
- Grape Wine
- Red Wine
- Rose Wine
- Sparkling Wine
- White Wine
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Wine Enzymes Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Wine enzymes are proteins that help break down the sugar in wine. This helps to create a smoother, more drinkable wine.
Some of the major companies in the wine enzymes market are Kerry Group, Associated British Foods, DuPont, Amano Enzyme, Novozymes, Chr.Hansen.
The wine enzymes market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Wine Enzymes Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Wine Enzymes Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Wine Enzymes Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Wine Enzymes Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Wine Enzymes Market Size & Forecast, 2020-2028
4.5.1 Wine Enzymes Market Size and Y-o-Y Growth
4.5.2 Wine Enzymes Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Yeast
5.2.2 Fungus
5.2.3 Lysozyme
5.2.4 Magnesium Oxide
5.2.5 Lactobacillus
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Grape Wine
6.2.2 Red Wine
6.2.3 Rose Wine
6.2.4 Sparkling Wine
6.2.5 White Wine
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wine Enzymes Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Wine Enzymes Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Yeast
9.6.2 Fungus
9.6.3 Lysozyme
9.6.4 Magnesium Oxide
9.6.5 Lactobacillus
9.6.6 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Grape Wine
9.10.2 Red Wine
9.10.3 Rose Wine
9.10.4 Sparkling Wine
9.10.5 White Wine
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Yeast
10.6.2 Fungus
10.6.3 Lysozyme
10.6.4 Magnesium Oxide
10.6.5 Lactobacillus
10.6.6 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Grape Wine
10.10.2 Red Wine
10.10.3 Rose Wine
10.10.4 Sparkling Wine
10.10.5 White Wine
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Yeast
11.6.2 Fungus
11.6.3 Lysozyme
11.6.4 Magnesium Oxide
11.6.5 Lactobacillus
11.6.6 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Grape Wine
11.10.2 Red Wine
11.10.3 Rose Wine
11.10.4 Sparkling Wine
11.10.5 White Wine
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Yeast
12.6.2 Fungus
12.6.3 Lysozyme
12.6.4 Magnesium Oxide
12.6.5 Lactobacillus
12.6.6 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Grape Wine
12.10.2 Red Wine
12.10.3 Rose Wine
12.10.4 Sparkling Wine
12.10.5 White Wine
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Yeast
13.6.2 Fungus
13.6.3 Lysozyme
13.6.4 Magnesium Oxide
13.6.5 Lactobacillus
13.6.6 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Grape Wine
13.10.2 Red Wine
13.10.3 Rose Wine
13.10.4 Sparkling Wine
13.10.5 White Wine
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Wine Enzymes Market: Competitive Dashboard
14.2 Global Wine Enzymes Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Kerry Group
14.3.2 Associated British Foods
14.3.3 DuPont
14.3.4 Amano Enzyme
14.3.5 Novozymes
14.3.6 Chr.Hansen
