Global Glucoamylase Market: Introduction

Glucoamylase is an enzyme preparation which decomposes starch into glucose by ripping off glucose units from the non-reduced end of the polysaccharide chain. They are derived from submerged fermentation of a specially selected producer strain of Asp.niger. To sustain an optimum enzyme activity, glucoamylase should be stored in cool, dry place in a strongly closed container. When appropriately kept, this product can be expected to lose less than 10% of its activity in twelve months for powered form and six months for liquid preparation.

Glucoamylase is an important industrial enzyme and is widely used in starch saccharification, brewing, and the distilling industry. Glucoamylase can be derived from a wide variety of sources including plants, animals, and microorganisms. Most of the production of glucoamylase is carried out using liquid fermentation process. Further, the techniques of solid state fermentation, are also been employed for its production and recently this technique is gaining renewed interest from researchers for its production.

Global Glucoamylase Market: Drivers and Restraints

The major driver driving the global glucoamylase market is the health benefits of glucoamylase. Glucoamylase is a type of enzyme that can break down the starches into glucose which are absorbable and usable. Few of the health benefits of glucoamylase are it helps in irritable bowel syndrome, digestive upset & gastrointestinal issues, helps fast aiding of the digestive organs, and also can help in reducing food allergies.

Another important factor is the autoimmune conditions of the enzyme. Studies have proved that glucoamylase combined with other enzymes lowers the autoimmunity responses and can influence the immune system in a beneficial way.

Global Glucoamylase Market: Segmentation

By product segment, the global glucoamylase market is segmented into:

  • Liquid State Fermentation
  • Solid State Fermentation

By Application, the global glucoamylase market is segmented into:

  • Alcohol
  • Starch Sugar
  • Beer
  • White Spirit
  • Others

By source, the global glucoamylase market is segmented into:

  • Plants
  • Animals
  • Microorganisms

Global Glucoamylase Market: Segmentation Overview

The Glucoamylase enzymes are widely used in food and fermentation industries that are in the process of starch saccharification, brewing, and distilling. Glucoamylase helps to break down starch that occurs naturally in most of the vegetables such as potatoes, corn, rice, and wheat. Or else, they are added as the filler of processing additive in many prepared food products. Glucoamylase is separate from amylase due to its digests starches in a particular way and removing free glucose molecules from the end of the starchy chains rather than simply breaking into smaller chains. Glucoamylase is a part of an extremely important group of enzymes that allows to absorb nutrients and create energy from the plant.

Global Glucoamylase Market: Regional Outlook

The glucoamylase market is segmented by regions into North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding Japan (APEJ), Middle East & Africa (MEA) and Japan. North America is anticipated to account for the largest share in global glucoamylase market and is expected to maintain its dominance during the forecast period. The US is the single largest market for the specialty enzyme. Further Europe is expected to account for the second largest share in the global glucoamylase market. Growing concerns about health care and cosmetics have led to the demand for specialty enzymes increased in the recent years. Further, the demand for glucoamylase is increasing due to the introduction of new drugs that are used in the enzyme replacement therapy.

Global Glucoamylase Market: Key Players   

The key players in the global Glucoamylase market are Novozymes, Genencor, Amano Enzyme, DSM, AB Enzyme, Verenium, Shandong Longda, VTR, SunHY, YSSH, BSDZYME, Challenge Group, Jinyuan, and Sunson. To ensure product differentiation and to gain a considerable share of the market, major vendors are adopting creative strategies and are constantly developing innovative products. Most of the major Glucoamylase manufacturers concentrate on capitalizing their funds to maintain applications and technical marketing groups are appointed to serve the ever-changing needs of consumers.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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