Alpha Amylase Market
Global Market Study on Alpha Amylase: Growing Usage as Substitute for Emulsifiers in Food Industry
Alpha Amylase Market Segmented By Powder & Granules, Liquid Form from Bacterial, Fungal, Plant & Animals Source
Feed prices are prohibitively high with detrimental effects on producer profitability and cost, which compels farmers to look for alternatives without hampering animal performance, so as to increase production profitability. Alpha amylase is known to have digestive properties that enable animals with improved digestive systems, with benefits such as increased fat percentage in cows, along with high milk yield in ruminants, thus increasing the profitability of farmers with reducing the amount of grain for feeding.
- For instance, Sinobios provides Animal Nutrition Feed Grade Fungal Alpha Amylase Enzyme and Animal Feed Additives Bacterial Alpha Amylase Powder as feed additives for improving the utilization of energy, lower feed conversion ratio, and improved animal production performance.
As such, the global alpha amylase market size is set to experience a decent 1.7X volume growth over the forecast period of 2020 to 2030.
Find Out More about the Report Coverage
- Aumgene Biosciences
- Lee BioSolutions
- AB Enzymes
- Infinita Biotech Private Limited
- Jiangsu Boli Bioproducts Co., Ltd.
- Actiza Pharmaceutical Private Limited
- Brisk Bioscience.
- Sisco Research Laboratories Pvt Ltd
- Karyotica Biologicals
- Biolaxi Corporation
- Creative Enzymes
- Rejoice Life Ingredients
- Enzyme Bioscience Pvt. Ltd.
- Sunson Industry Group Co., Ltd.
Alpha-Amylase Market: Drivers and Restraints
The use of alpha-amylase in the manufacturing of wide range of products such as animal feed, bakery goods, sugar products etc. is the major driver for the growth of global alpha-amylase market. The demand for convenience food is increasing and the rapid growth of food processing industry in the developing economies is expected to boost the growth of global alpha-amylase market. The need for renewable and sustainable energy solutions has increased the demand for biofuels. Amylase enzymes have significant role in the production of biofuels, which is anticipated to fuel global alpha-amylase market growth. The increasing consumer awareness regarding nutritious and healthy food and the rapid growth of nutraceuticals market during the forecast period, is anticipated to upsurge the demand for alpha-amylase.
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Alpha Amylase Market Trends
Bio-Preservation Trend Fueling Alpha Amylase Demand from Food Industry: Demand for bio-preservation is increasing due consumer demand for necessary safety standards in food products with increased shelf life. With keeping food products appealing, producers of dairy, beverages, and fresh baking products are focusing on finding natural ways to keep their portfolios fresh for a longer time. As today, artificial preservatives fail to meet the expectations of modern consumers, alpha amylase plays an essential part of the bio-preservation process. Alpha amylase is capable of preserving food and providing safety standards to different food products.
- According to the Food & Health Survey 2017, more than 70% of consumers check expiry dates in at supermarkets. This shows that, while consumers value clean-label, natural products, shelf life is also a key driver of purchasing behavior.
Alpha Amylase as Substitute for Emulsifiers in Food Industry to Drive Sales: Consumer preference toward chemical-free, natural, and organic food has reduced the usage of food additives, including emulsifiers. Alpha amylase has emerged as a replacement for emulsifiers in the food industry, mainly for bakery products, as it provides equal benefits along with increasing the shelf life and freshness in industrialized breads such as pan bread, and reducing the financial loss for manufacturers caused by staling. The major advantage of alpha amylase over other emulsifiers is that it is identified as a clean label ingredient. Therefore, growing clean label movement in the food industry is offering further potential sales benefits for the alpha amylase market.
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Regional Outlook of Alpha Amylase Market
Europe has the largest alpha amylase market share, which is expected to grow at decent rate of nearly 5%. Developed countries of Europe and North America, will together account for 50% of the global alpha amylase market share in 2020. These regions, being home to major producers of alpha amylase, coupled with increased awareness of utilizing health-beneficial ingredients by food and beverage manufacturers, has contributed toward this high market share.
Tier-1 players are focusing on increasing production facilities to cater and expand their reach in emerging economies of the Asian region. Players are targeting the growing food & beverage industry and pharmaceutical industry for serving customers globally and increasing their share in the alpha amylase market.
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COVID-19 Impact on Alpha Amylase Market
In the wake of the COVID-19 pandemic, industries across all regions have faced the adverse effects of the pandemic, which includes the food and beverage industry as well. Many manufacturing activities came to a grinding halt or were operating with limited production and staff. With Europe being among the major producers of alpha-amylase, and various countries in Europe being severely hit by the pandemic, the supply chain and trade activities have been hampered. However, demand for food products remained high with increased demand for products with health-beneficial ingredients. Alpha amylase, being associated with immunity-boosting properties, has demand from food & beverage as well as pharmaceutical industries. Thus, the alpha amylase market suffered during the initial outbreak, but with lockdowns easing across many countries, sales are expected to see a positive impact going ahead.
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The global alpha amylase market is expected to witness substantial value growth of 1.7X over the coming years, owing to a surge in the diagnostics and medical testing of alpha amylase for increased application in pharmaceutical engineering, coupled with efforts from manufacturers for improvement in the quality of alpha amylase for different industrial applications such as textiles, detergents, biodiesel, and waste water treatment. With on-going and pipeline research & development in the application segment, the alpha amylase market is expected to reach a total volume of 230KT by the end of 2030.